auto

WASHINGTON -- European Union Ambassador Stavros Lambrinidis said he was very hopeful that negotiations with the United States could result in elimination of discriminatory provisions in the U.S. Inflation Reduction Act. Lambrinidis told an…

Polestar posted a smaller third-quarter operating loss as revenue more than doubled and the company cut spending, but the electric-vehicle maker warned that higher raw material costs would start to hurt later in the year. The Swedish…

Tata Motors said it expects profit and cash flow to bounce back in the second half thanks to healthy demand for its Jaguar Land Rover cars and a drop in domestic steel costs. The company reported a consolidated net loss of 9.45 billion…

Aoyama’s assessment came as Mazda reported a big bounce back in earnings for the fiscal second quarter ended Sept. 30. Riding a tailwind of favorable exchange rates and rising sales, Mazda booked a more than fivefold increase in operating…

New Delhi, Nov 10: Hyundai Motor India on Thursday said it will introduce its global dedicated battery electric vehicle platform in the country with its upcoming model Ioniq 5, slated to debut in the Auto Expo in…

New Delhi, November 10: Zoom is working with Elon Musk-run Tesla to bring video conferencing into its new electric vehicles. Zoom's group product manager Nitasha Walia said during the company's '2022 Zoomtopia'…

TOKYO – Honda dealers in the U.S. will likely have a hand in servicing, but not selling, the new wave of electric vehicles coming from the company's new joint venture with Sony. That's the message from Honda executives at headquarters in…

Rivian Automotive is a runaway hit with its R1T pickup and R1S SUV in the eyes of owners and automotive journalists, but the electric vehicle startup is no longer a Wall Street darling due to missed production targets and concern over…

BEIJING -- Renault and China's Geely said they have agreed to launch a new, equally held joint venture that will supply gasoline engines and hybrid technology to the brands they own as well as to other automakers. While it was not…

DETROIT -- Stellantis said Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner, Tesla Inc. CEO Elon Musk. “We're pausing paid advertising…

Lordstown Motors Corp. on Monday entered into a deal under which Foxconn Ventures, an affiliate of Foxconn, will invest up to $170 million in the electric vehicle maker, making the Taiwanese contract manufacturer its largest shareholder.…

WASHINGTON — Automakers are asking the U.S. Treasury Department for clarity on key provisions in the new tax credit for electric vehicles and urging as much flexibility as possible as they hurry to localize supply chains for EV batteries…

Pajarito Powder is one of a handful of hydrogen-related businesses that have either grown from the national laboratory and university ecosystem within the state or found New Mexico an attractive place to set roots. Economic development…

The companies that build those vehicles are eyeing the technology but also keeping a view of how regulations might develop for clean transportation."We are continuing to invest in the combustion engine, and we are looking to see if we can…

New Delhi, November 6: Ola Electric will touch cumulative production of 10 lakh units by November 2023, according to a new set of numbers shared by its founder and CEO Bhavish Aggarwal. Earlier the company had said…

The vitality of the U.S. auto industry hinges on two important sets of relationships: automakers and suppliers, and federal Republicans and Democrats.For more than a century, automaker and supplier purchasing decisions have been driven by…

Hyundai created a Hyundai-powered hotel. The automaker built a luxurious, off-grid cabin in the English countryside, about an hour from London, by plugging into a Hyundai Ioniq 5. Hotel Hyundai, which the company says is the world's first…

Heightened raw materials costs, supply chain difficulties and shortages of key materials have sent prices for electric vehicle components rising over the last two years.That has delayed the industry's quest to bring prices of EVs in line…

The auto industry is evolving at a rapid pace and connecting across adjacent businesses more than ever. Our upcoming Automotive News Congress events in Los Angeles and Detroit are perfect opportunities to learn from — and network with — a…

While denying talk of a sale, American Axle said it is considering "strategic opportunities that serve the best interest of the company." "In the ordinary course of executing on our strategic plan, we continuously monitor market conditions…

American Axle & Manufacturing Holdings Inc., the Detroit-based maker of drivetrain components with longtime roots to General Motors, is attracting preliminary interest from suitors including Melrose Industries Plc, people familiar with…

Forecasters say the case for closing the plant is thin. Ford hasn't shuttered a North American assembly plant since Twin Cities Assembly in St. Paul, Minn., closed in 2011. It was a delayed casualty of Ford's Way Forward restructuring plan…

Chinese electric-car maker Nio has fallen behind on both producing and delivering thousands of vehicles over the past month as COVID-19 restrictions disrupted output at its two factories, according to people familiar with the matter.…

Subaru sees worldwide wholesale volume zooming ahead 45 percent in the coming six months to 521,000 vehicles, driven by a 40 percent surge in the U.S. to 353,000 vehicles. Subaru’s operating profit surged to 73.5 billion yen ($508.6…

New Delhi, November 2: Maruti Suzuki India (MSI) on Wednesday said it has crossed 2.5 crore cumulative production mark. MSI started production in December 1983 and crossed the 10-lakh production mark in March 1994.…

Bozi Tatarevic, a race-car mechanic and auto journalist, prefers an EV without a frunk. “I’m a tall person and you basically get more leg area and foot room,” he said. “And as a mechanic, I would much rather pop open the hood and have…

"The majority of the customers were of the mindset that these were more transitory and kind of wait-and-see on getting some of these things resolved, where I believe right now the majority of our customers are more in line with a general…

Volkswagen Group is selling its WeShare car-sharing business to German startup Miles Mobility as the automaker retreats from what has largely been an unprofitable industry. Miles will integrate WeShare’s 2,000 VW-branded electric vehicles…

New Delhi, November 1: Ola Electric on Tuesday reported sales of 20,000 units in October 2022. The company, which sells electric scooters S1 Pro and S1, said it registered a strong performance during the festive…

New Delhi, November 1: Honda Cars India on Tuesday reported a 18 per cent increase in domestic wholesales at 9,543 units in October. The company had dispatched 8,108 units in the domestic market in October last…