auto

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…

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…

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…

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…

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…

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…

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.…

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…

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…

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 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 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…

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 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…

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…

SHANGHAI -- China's regulatory agency is launching an investigation into chip distributors in the auto industry, it said on Tuesday, citing suspicions of price gouging. The action by the State Administration for Market Regulation is the…

Ola Electric scooter is all set to be launched in India on August 15, 2021. This piece of information has been confirmed by Ola Electric CEO Bhavish Aggarwal on its official Twitter account. Aggarwal has announced…

TOKYO – Subaru swung back to profitability in the latest quarter on the back of booming sales in the recovering U.S. market, the Japanese automaker’s traditional earnings engine. Subaru Corp. booked operating profit of 29.5 billion yen…

Seoul, August 3: Hyundai Motor overtook Toyota and regained its number 1 position in hydrogen electric vehicle sales. According to SNE Research on the 2nd, Hyundai Motor sold 4,700 hydrogen electronic vehicles to…

WASHINGTON -- A $1 trillion infrastructure bill under debate by the U.S. Senate includes a provision that directs U.S. regulators to mandate a passive technology to prevent intoxicated drivers from starting vehicles and avert more than…

Tesla is seeking to make inroads into Asia’s third-largest economy, where electric vehicles account for less than 1 percent of annual car sales, compared with about 5 percent in China. The sparse charging infrastructure and expensive cost…

The automotive industry has faced its share of challenges over the past year, beginning with the coronavirus pandemic that forced thousands of dealerships to briefly close their doors. Now they face a worldwide…

The lighter platform allows for a lower center of gravity and a better front-rear weight distribution. The new suspension also delivers better driving dynamics on-road and off. Up front, the Land Cruiser gets a high-mount double-wishbone…

MILAN -- Ferrari maintained stable profitability before the supercar maker installs an executive little known within the auto industry to raise the company's game in electrification and software. Adjusted earnings before interest, taxes,…

"We've used automation in our manufacturing plants for a very long time, but we really haven't delved too deeply into automation on our warehousing side before," said Mike Schober, vice president of parts supply chain operations for Toyota…

New Delhi: The country's leading automobile show, the Auto Expo, which was scheduled to take place in February next year at Greater Noida, has been postponed due to the COVID-19 situation and apprehensions of a…

Building a car that can reach 250 mph in wind tunnel simulations is one thing. Hitting that number when the rubber meets the road is quite another.To prove the Speedtail's performance, McLaren turned to Indianapolis 500 winner and McLaren…

Pune: Automotive start-up EVTRIC Motors on Monday launched its first electric scooters in the slow-speed category -- EVTRIC AXIS and EVTRIC RIDE -- for Rs 64,994 and Rs 67,996, respectively. The company said that…

Many of those new employees have more than a decade of experience in vital fields such as cloud-based services, Kuffner noted, and nearly a quarter of the newcomers have doctoral degrees in mission-critical areas such as machine learning…

Die-hard fans of Saturn's plastic body panels and no-haggle pricing descended on Detroit last month to demand that General Motors revive the defunct brand, according to one local TV station. But the supposed protest was actually an…