auto

San Francisco, September 5: Tesla CEO Elon Musk has told its employees that he agrees with Ark Invest that Tesla is worth $3,000 a share "if they execute really well". This week, Ark Invest released a new note…

San Francisco, September 4: Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. The CEO hinted that it might…

"We're seeing an acceleration," said Bernard Swiecki, director of the Automotive Communities Partnership, which maintains the database to help states and communities track economic development opportunities in the auto industry. "And when…

MEXICO CITY -- Mexico expects the United States to comply with automotive rules in the new North American trade pact, a senior official said, taking a firm line ahead of high-level talks next week clouded by a dispute over the future of…

Asked about the prospect of automaker build-to-order emphasizing captive finance and products, and costing dealers an F&I opportunity, the National Automobile Dealers Association said the transactions still end up at the…

Auto parts maker Jatco Ltd., majority-owned by Nissan Motor Co., said supply-chain issues disrupting the industry won’t last much longer and carmakers will be able to ramp up production again this fiscal year. “Automakers will definitely…

New Delhi, September 3: Tata Motors on Friday inaugurated 70 new sales outlets across South India in one go, as part of its retail acceleration strategy. Spread across 53 cities, the new outlets have been…

STOCKHOLM -- Volvo Cars warned that sales volumes in the second half could fall after it was forced to cut production due to material shortages. Global vehicle sales fell 11 percent to 45,786 from a year ago in August, despite strong…

MEXICO CITY -- Mexico hopes to soon reach agreement on the interpretation of how automotive content rules in the United States-Mexico-Canada Agreement trade pact are applied, President Andres Manuel Lopez Obrador said on Thursday. Speaking…

Guido Durrer, who steered Joyson Safety Systems for more than three years following its takeover of Takata Corp.'s business operations, plans to retire as president and CEO on Dec. 31. Effective Jan. 1, the top job will be filled by Tao…

STUTTGART, Germany -- Daimler expects significantly lower sales of Mercedes cars through the end of September due to the ongoing chip shortage. "With the plant closures at semiconductor suppliers in Malaysia and elsewhere, the challenge…

Seoul: Hyundai Motor Group's independent Genesis brand said on Thursday that it will launch only hydrogen fuel cell or battery-powered vehicles from 2025 in line with its rival carmakers' electrification push. …

Subaru of America is recalling 802 model year 2021 Subaru Imprezas that it says have an improper weld on a lower control arm that could break and cause the tire to contact the wheel well, risking a loss of control. Subaru on Wednesday said…

Subaru of America is recalling 802 model year 2021 Subaru Imprezzas that it says have an improper weld on a lower control arm that could break and cause the tire to contact the wheel well, risking a loss of control. Subaru on Wednesday…

WASHINGTON — The Alliance for Automotive Innovation on Wednesday unveiled principles on EV charging infrastructure that the trade association says are necessary to advance consumer acceptance and adoption of electric vehicles in the…

San Francisco: The long-rumoured Apple Car is expected to use LED screens all over the vehicle to inform other drivers what the self-driving system is doing. The display would show braking information, the speed of…

Royal Enfield, the Indian two-wheeler maker officially launched the 2021 model of the Classic 350 motorcycle in India starting at Rs 1.84 lakh. The 2021 model borrows a lot from the Meteor 350 which was launched in…

Dodge ranked second, followed by Lexus and Mitsubishi in a tie for third.

LONDON -- Lotus will launch a full-electric SUV next year as it seeks to match the way that Porsche significantly boosted profits by adding SUVs to its sports-car lineup. The Lotus SUV will be a rival in size to the Tesla Model X. It will…

BEIJING -- BMW says it wants to support the restructuring of Huachen Group, parent of the German premium automaker's Chinese joint venture partner Brilliance China Automotive. BMW said in a statement to Reuters that it also wanted to use…

TOKYO -- Japan's industrial output shrank in July as car production took a hit from a coronavirus resurgence in Asia that has cast doubt over the recovery in the world's third-largest economy. A spike in highly contagious Delta variant…

New Delhi: Tata Motors on Tuesday launched its second electric vehicle -- Tigor EV, catering to the personal segment in the domestic market, priced between Rs 11.99 lakh and Rs 13.14 lakh (ex-showroom). The model…

New Delhi, August 31: The South Delhi Municipal Corporation (SDMC) mandated commercial vehicles to carry Radio Frequency Identification (RFID) tag to enter the national capital from today. RFID tags for commercial…

Choreographer and film director Ahmed Khan not only surprised his wife, Shaira Ahmed Khan on her birthday but also everyone with his eyebrow-raising choice of gift. The Baaghi 3 director gifted Shaira a limited…

Tesla Inc. is in talks with at least three Indian auto component suppliers as part of its plans to enter the local market, the Economic Times reported. The company is seeking critical electrical, electronic and mechanical components, the…

BERLIN -- Porsche is expanding its presence in Asia with a research and development center in Shanghai and a production site in Malaysia. The r&d location in Shanghai will help Porsche increase the understanding of Chinese customers…

New Delhi, August 30: Mahindra Group Chairman Anand Mahindra on Monday said he would dedicate the first special utility vehicles (SUV) of his company for those with disabilities to Avani Lekhara who clinched gold…

New Delhi, Aug 30: The country's largest carmaker Maruti Suzuki India on Monday said it will hike prices across models from next month amid rising input costs. In a regulatory filing, the company said, ".... over…

Harold Baggott was just 10 when he learned to drive a Model T.At age 101, Baggott showed his great-grandchildren a new entry in the Ford Motor Co. alphabet: the battery-powered Mustang Mach-E.Baggott, a former coach company proprietor in…

Display screens got bigger. And then bigger. And then they swiveled. And now, with Mitsubishi Electric Corp.'s soon-to-debut Firebird platform, a driver can rotate the screen from vertical to horizontal. More significantly, Firebird serves…