auto

Seoul: Hyundai Motor will voluntarily recall more than 70,000 vehicles to fix faulty components, the Transport Ministry said on Thursday. Hyundai is recalling 70,582 units of six models that include the Xcient QZ…

Harley-Davidson, the American motorcycle maker, officially launched the Nightster bike in India starting at Rs 14.99 lakh (ex-showroom). The Nightster is a toned-down version of the Sportster S. It is built on light…

San Francisco: Drawing a comparison between Tesla's long-delayed Cybertruck and Ford's plug-in pick up -- F-150 Lightning, Ford CEO Jim Farley took a dig at tech billionaire Elon Musk while announcing a major…

Ford Motor Co. has committed to buying at least $120 million of solar power annually from DTE Energy Co., which plans to expand its solar infrastructure in Michigan by nearly 70 percent to 650 megawatts. Ford's commitment amounts to the…

Tesla CEO Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. "In the (hopefully unlikely)…

VW's new CEO, Oliver Blume, could reduce the number of management board seats to eliminate dual functions, sources said.

Tesla CEO Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform. "In the (hopefully unlikely)…

General Motors has accelerated development of its electric vehicles to get them to the market faster. Scaling production to improve EV profits comes next. "A vehicle is coming to market much, much sooner than it otherwise would. That's a…

Electric vehicles sales in China are forecast to hit a record 6 million this year as demand for cleaner cars surges. The China Passenger Car Association raised its estimate from 5.5 million, after releasing data showing deliveries of…

Gissing North America LLC has filed for Chapter 11 bankruptcy protection with up to $100 million in liabilities. Gissing, based in Bingham Farms, Mich., is a subsidiary of a Chinese automotive supplier, and manufactures interior acoustic…

Royal Enfield officially launched the Hunter 350 motorcycle in India starting at Rs 1.49 lakh (ex-showroom). Last week, the MD of Royal Enfield revealed the first look of the Hunter 350 via an Instagram port, and…

The Senate passed a landmark tax, climate and health-care bill, speeding a slimmed-down version of President Joe Biden’s domestic agenda on a path to becoming law after a year of Democratic infighting that the White House was unable to…

Mercedes-Benz Australia officials referred to dealers as "little piglets" in internal communication, according to evidence presented last week at the start of a trial in a $500 million lawsuit filed against the automaker. A lawyer for the…

A video posted by the Tesla Welt Podcast last week showed the pool in the process of being installed. "No, I'm not kidding. Tesla is actually building a pool here," David, the podcast's host, said in the video. "I think this is an awesome…

TOKYO — Japanese juggernaut Toyota Motor Corp., coming off a year of record profits, saw earnings retreat in the latest quarter but remains bullish about U.S. economic prospects.The company, in announcing its quarterly financial results…

"A lot of Tier 2, Tier 3, smaller suppliers have thrown contracts out the window and said, 'This is what you've got to pay or you won't get the parts,' " said Pat D'Eramo, CEO of Martinrea, a supplier of metal parts, assemblies and…

Cooper-Standard Holdings Inc. posted higher revenue and a narrower net loss in the second quarter because of improving global market conditions and easing inflation pressures, the company said in an earnings report Thursday. The Michigan…

American Axle & Manufacturing Holdings Inc. took another supply chain-related hit to its bottom line in the second quarter but offered a better-than-expected financial outlook through the end of the year. Gross profit fell 9 percent to…

The Democrats' revamped credit for consumers buying new battery-electric, plug-in hybrid and fuel cell vehicles would eliminate the 200,000-vehicle-per-automaker cap — a threshold surpassed by General Motors, Toyota and Tesla — but add…

Tesla’s newest car, the Model Y midsize crossover, is already the automaker’s biggest selling vehicle by revenue, he said, and in 2023 would be the volume leader. The Model Y, with about 40,000 sales in Europe through June, already…

Royal Enfield, the Indian bike maker, will officially launch the Hunter 350 on August 7, 2022. The company has teased the motorcycle on its official Twitter account, revealing the launch date. Ahead of its launch,…

Created with agency of record Johannes Leonardo, it's the latest extension of VW’s ongoing “Drive Bigger” brand platform. Previous spots that broke this summer include "Those Guys," about a guy oblivious to those around him, and "Break…

While supplier issues were responsible for Lucid's slow manufacturing ramp initially, Rawlinson said, the startup was unable to accelerate production once those shortages eased. "As we attempted to push forward the rate, we found that our…

TOKYO – Toyota Motor Corp., coming off a year of record profits, shifted into reverse in the latest quarter as supply chain chaos and soaring costs slammed earnings. The sliding profits in the April-June quarter underscore the challenge…

TOKYO — Subaru profit bounded ahead 25 percent in the latest quarter as the Japanese carmaker recovered lost production, ramped up sales and cashed in on favorable exchanges rates.CFO Katsuyuki Mizuma brushed aside concern about a budding…

Seoul: Hyundai Motor and its affiliate Kia said on Wednesday their combined sales in the United States fell 11 per cent last month from a year earlier amid the prolonged global chip shortage. Hyundai, its…

San Francisco: A Jaguar I-Pace electric car caught fire while being charged at a garage in the US -- the fourth such battery fire in the I-Pace series (that costs upwards of Rs 1 crore), which is Jaguar's first and…

The industry is scrambling to make the historic transition from internal combustion vehicles to EVs. John Bozzella, CEO of the Alliance for Automotive Innovation, told the audience that automakers and suppliers are looking to spend $515…

The company's net income dropped to $69 million for the quarter, but sales outperformed global industry production and were up 7 percent from last year to $5.1 billion, according to its quarterly earnings report. Despite recession worries,…

While Rivian applauds the intention of the pending bill, “as currently drafted, this legislation will pull the rug out from consumers considering purchase of an American-made electric vehicle,” said Chen, whose company employs roughly…