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BREAKING NEWS
- Jammu and Kashmir Exit Poll Results 2024: India Today C-Voter Predicts 40-48 Seats for NC-Congress Alliance, 27-32 for BJP; Check Party-Wise Seat Predictions
- Haryana Exit Poll Results 2024 by Republic-PMarq: Congress Eyes Victory As BJP Faces Decline in Exit Polls, Check Party-Wise Seat Predictions for Haryana Assembly Election Result
- ‘The Princess Diaries 3’: Adele Lim Set To Direct As Anne Hathaway and Julie Andrews Rejoin the Franchise!
- Jammu and Kashmir Exit Poll Results 2024 by Peoples Pulse: NC-Congress Expected to Cross Majority Mark, Know How Much Seats BJP and PDP are Likely to Win
- Exit Poll Results 2024: Exit Polls Give Congress Clear Majority in Haryana; Edge to NC-Congress in Jammu and Kashmir
- Haryana, Jammu and Kashmir Exit Poll 2024 by News 18: Congress Leads in Both States; Official Results on October 8
- Sonam Kapoor Shares Her ‘Breakfast of Champions’ With a Glimpse of Her Pill Routine!
- Haryana Exit Poll Results 2024 by Peoples Pulse: Congress Predicted To Make Strong Comeback, BJP Likely To Win 26 Seats; Check Party-Wise Seat Predictions for Haryana Assembly Election Result
- Jharkhand Assembly Elections 2024: BJP Announces ‘Five Vows’ for State, INR 2,100 Monthly for Women, 5 Lakh Jobs in Five Years (Watch Video)
- Jammu and Kashmir Exit Poll Results 2024: National Conference-Congress Ahead in Tight Race, BJP Tailgates INDIA Bloc
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auto
Great Wall Motor to shift some India investment to Brazil after approval delays
The step highlights growing nervousness and impatience among Chinese investors, who have seen roughly 150 investment proposals worth more than $2 billion held up by India's slow approvals process, according to industry estimates.
The…
Volvo halts production at Swedish plant on chips shortage
STOCKHOLM -- Volvo Cars will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips.
"Production at Torslanda will be paused temporarily from this evening due to a material shortage linked…
VW joins Tesla’s call for lower EV import tax in India
NEW DELHI -- The head of Volkswagen Group unit Skoda's India operations is calling for lower import duties on electric cars to help drive demand for clean vehicles, echoing Tesla's recent pitch that has divided the country's auto industry.…
How Volkswagen stalled in China
BEIJING -- In late December 2019, managers at Volkswagen's headquarters in Wolfsburg, Germany, realized they might have a serious problem in China, the automaker's biggest market and ticket to its electric future.
VW's flagship sedan in…
Motional selects next big market for self-driving tests
Motional, the joint venture between Hyundai Motor Group and global supplier Aptiv, is expanding the scope of its self-driving testing.The company said Tuesday it plans to open an operational hub in Los Angeles, from which it will test a…
Tesla China shipments of locally made cars plunge in July
“Tesla tends to be aggressive in exports regardless of the domestic market in July,” PCA Secretary General Cui Dongshu said during a briefing Tuesday. “The fact that Tesla’s domestic deliveries didn’t reach 10,000 is normal and fine.”…
U.S. Senate confirms Homendy to head NTSB
WASHINGTON -- The U.S. Senate on Monday confirmed Jennifer Homendy by voice vote to chair the National Transportation Safety Board, the independent federal agency charged with investigating all civil aviation and other transportation…
Tesla Aims To Sell 20 Million Electric Vehicles per Year by 2030
San Francisco: Tesla aims to sell 20 million electric vehicles per year by 2030 -- from 0.5 million in 2020 -- and deploy 1,500 GWh of energy storage per year, compared to 3 GWh last year. In its '2020 Impact…
Electric vehicle industry in Illinois at risk because of Illinois politics: Hinz
For a rare change, Illinois has a chance to really compete in such a growth area. Be it U.S. Sen. Tammy Duckworth, D-Ill., helping get money to build electric charging stations; Sen. Dick Durbin, D-Ill., meeting with the CEO of industry…
Mahindra Unveils All-New Brand Logo for Its SUV Portfolio; To Debut on Upcoming XUV700
The homegrown auto major Mahindra & Mahindra on Monday officially unveiled its new visual identity, including a brand new logo exclusively for its SUV portfolio. In a press statement, the Indian carmaker said…
New York auto show may finally go on next April
Maybe the fifth time will be the charm for the New York auto show.
Organizers now hope to hold the show next April, which would be a full three years after the last one. Rising cases of COVID-19 and increased restrictions in New York City…
Hyundai Resumes Production at Its Asan Plant for Upcoming EV Sedan
Seoul: Hyundai Motor said on Monday it has resumed production at one of its seven domestic plants after a four-week suspension to prepare for the production of an electric vehicle. Hyundai halted the Asan plant from…
Another strain on automakers: Meeting fleet demand
While not all fleet contracts are negotiated in the third quarter, many have traditionally been done at this time of year because it is mutually beneficial for automakers and large fleet operators, Betts said."The people buying fleet cars…
New Honda U-GO Electric Scooter Launched in China: Report
Beijing: Automobile and motorbike giant Honda's Chinese arm Wuyang-Honda has added a new electric scooter, 'U-GO Electric Scooter', to its lineup in the Chinese market. The U-GO e-scooter comes in two models that…
Tesla mandates masks at Nevada battery factory, report says
Tesla Inc. is telling workers at its Nevada battery factory they will be required to wear a mask indoors starting Monday regardless of vaccination status, The Wall Street Journal reported on Sunday.
Workers at the Reno, Nevada-area…
Auto supplier Lear turns $175 million profit in Q2 but lowers full-year outlook
Lear Corp. swung to net income of $175 million in its second quarter despite a $1 billion sales hit from production and supply issues that are hurting the business more than executives had anticipated.
The Southfield-based automotive…
Nikola’s Milton turns to lawyers who defended Tesla’s Musk
Trevor Milton has more in common with Elon Musk than starting a prominent electric vehicle company named after inventor Nikola Tesla. He’s now hired the same lawyers to defend him.
Brad Bondi and Terence Healy represented Musk when the…
Tesla To Reportedly Supply Full Energy Ecosystem for Luxury Homes
San Francisco: Electric vehicle maker Tesla is going to supply its full energy ecosystem with solar, batteries and EV chargers, to new homes in a new luxury community being built in Florida. According to the…
Vehicle sales slip 14% in July, trade group estimates
China’s new-vehicle market is expected to shrink for the third straight month in July as the semiconductor chip crunch continues to constrain vehicle production.
New-vehicle sales across the country fell nearly 14 percent last month to…
Baldi named CEO of Lamborghini’s U.S. operations
Lamborghini has appointed a veteran executive as the new CEO of Automobili Lamborghini America, the company's biggest market.
Andrea Baldi, 45, who has been with Lamborghini since 2010, most recently as director of the brand's…
2021 Honda Amaze Bookings Now Open; India Launch Scheduled for August 18, 2021
New Delhi: Honda Cars India Ltd (HCIL) on Wednesday said it has commenced bookings for the new version of its compact sedan Amaze. With the model slated to debut on August 18, the company has initiated pre-bookings…
2021 Honda Amaze Facelift Production Begins, To Be Launched in India on August 18, 2021
Honda Cars India is all geared up to launch the 2021 Amaze facelift in India on August 18, 2021. Ahead of its launch, the company has started teasing the new Amaze facelift on its official social media platforms.…
Chinese tariffs could spur more U.S. manufacturing
TRAVERSE CITY, Mich. — Rising political tensions with China mean that tariffs originally imposed by the Trump administration will likely stick around for the foreseeable future. "I don't see the Biden administration removing tariffs on…
Automakers to join Biden for rollout of emissions cuts and EV sales goal
The announcement, which will be attended by representatives of some Detroit automakers, is expected include a commitment from auto manufacturers to target at least 40 percent of sales as electric vehicles by 2030, according to two of the…
BorgWarner beats second quarter profit estimates, lifts 2021 forecast despite supply headwinds
The supplier attributed the increases to economic recovery from the COVID-19 pandemic as well as its acquisition of Delphi Technologies in October. However, continued supply chain disruptions, such as the global microchip shortage, and…
Honda swings to operating profit on COVID rebound
"Honda has brand name, good residual value, high market share. Why isn’t it making more profit?" Takaki Nakanishi, an analyst at Nakanishi Research Institute, said prior to Wednesday's results. "It's all about inefficiencies."
GM tie-up…
Tata Tiago NRG Facelift Launched in India Starting at Rs 6.57 Lakh; Check Prices, Features &…
Tata Motors, the Indian carmaker has officially launched the 2021 Tiago NRG facelift today in the country with prices starting at Rs 6.57 lakh (ex-showroom, Delhi). The new Tiago NRG is based on the Tiago facelift…
Toyota posts record profit despite pandemic, chip woes
TOKYO -- Toyota Motor Corp. blasted past the global pandemic and microchip shortage to achieve record operating profit in the latest quarter on robust sales and cost control as it managed to keep the product pipeline pumping, despite…
BMW posts strong Q2 earnings but warns on microchip shortage
BMW raised its profit forecast for 2021 after strong quarterly results, but warned that the global semiconductor shortage and rising raw materials prices would impact its performance in the second half.
Net profit for the second quarter…
Jeep maker Stellantis raises 2021 profit margin target after solid first-half financial results
The group's EBIT margin was 11.4 percent, more than double the low end of the range forecast in March.
North America was the company's standout region in the first half, bolstered by the Jeep SUV and Ram truck brands. Net revenue rose 42…