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Indian-origin Vaibhav Taneja has become the new chief financial officer (CFO) of the American electric vehicle giant Tesla. On his accomplishment, the Institute of Chartered Accountants of India (ICAI) has…

New Delhi, Aug 10: IPO-bound Ola Electric posted a net loss of Rs 784.1 crore in the financial year FY22, a four times jump from Rs 199.2 crore in FY21. The company finally published its financial results for fiscal year 2021-2022,…

New Delhi, August 10: The Toyota Rumion has been unveiled in the Indian car market. The Toyota Rumion MPV is the rebadged version of the already established Maruti Suzuki Ertiga. The Toyota Rumion’s market launch…

New Delhi, August 9: The new second-gen Mercedes-Benz GLC SUV has finally launched in the Indian car market. The highly awaited luxury SUV has launched in our shores in an all-improved avatar, complete with new…

A price war started by Tesla in January had forced Chinese EV startups like Nio and Xpeng to face sales slumps and expanding losses in the first half. But Li Auto managed to gain market share in the segment of cars priced above 300,000…

The new Mercedes-Benz GLC SUV has launched in the Indian luxury car market. The new GLC is now bigger, more stylish and more powerful. The luxury SUV boasts of Avantgarde styling, more chrome elements, enhanced…

The new Mercedes-Benz GLC SUV has launched in India. The new luxury SUV is now bigger, more stylish and more powerful. The new Mercedes-Benz GLC has launched in our market in two variants, namely - GLC 300 and GLC…

Mercedes-Benz India launches the new GLC SUV in the domestic luxury car market. The new GLC comes empowered by a new 48V Integrated Starter generator Technology to be more efficient than ever before. The company…

The new Mercedes-Benz GLC SUV is all set to launch in the Indian market today. The big launch will take place on August 9, at 12:30 PM (IST). The new Mercedes-Benz GLC luxury SUV is likely to be priced in the range…

At this year's New York International Auto Show, in-car apps and entertainment, efficient charging stations and over-the-air updates grabbed as much attention as oversize tires and third-row seats. The show sent a clear signal that the…

Elon Musk’s Tesla is one of the most visible and popular brands. Leading its financial operations will be Indian origin, Vaibhav Taneja. Following the resignation of Zachary Kirkhorn, Tesla’s new appointment sees…

New York, August 7: Indian-origin Vaibhan Taneja has been named Tesla's new Chief Financial Officer as the previous finance chief Zachary Kirkhorn announced his decision to step down, the automaker said in a company…

New Delhi, August 7: Hyundai India has introduced the new Adventure edition to the lineup of its highly successful Creta and Alcazar SUVs. The Hyundai Creta Adventure edition is made available with a sole petrol…

Paul Thomas, executive vice president of Bosch Mobility Solutions, Americas, acknowledged that there is heightened awareness of climate issues this summer, and with it, more attention by the company on worker safety and comfort at its…

BMW's Vision Neue Klasse full-electric concept that will be unveiled next month will showcase a near production-ready car, CEO Oliver Zipse said. The production version will be on roads soon, Zipse added during an earnings call on…

New Delhi, August 4: Homegrown auto giant, Tata Motors has launched the CNG version of its popular micro-SUV – Punch. The new Tata Punch iCNG has been launched in 3 trim levels and a total of 5 variants to choose…

Tesla has had a red-carpet welcome from India for its proposal to invest in the country, while its largest EV rival, China's BYD, has been stopped cold by increased scrutiny from New Delhi. The result could be an opening for Tesla to…

LG Energy Solution is also working with existing suppliers to add operations in North America, he said. The strategy is part of a broader plan to add reliable suppliers in the region. It aligns with a provision in the Inflation Reduction…

New Delhi, August 3: The 4th-gen Toyota Vellfire luxury MPV has launched in India. The all-new Vellfire is offered in two variants in our market, and both are packed to the brim with premium features and tech. The…

New Delhi, August 3: Japanese auto major Toyota has taken the wraps off of the initial hybrid edition of the iconic Land Cruiser. The new Land Cruiser which also comes with new retro cool looks will thus mark its…

Detroit, August 1: General Motors is recalling nearly 900 vehicles in the US and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash. The recall covers certain Chevrolet Camaro,…

New Delhi, August 1: New car models always draw attention from the potential car buyers, and hence, the carmakers are always on their toes to offer new, enhanced and feature-rich vehicles to cater to the changing…

San Francisco, Aug 1: An Uber driver in the US who was involved in the first-ever fatal autonomous crash in 2018 has pleaded guilty to one count of endangerment and was sentenced to three years of probation. Rafaela Vasquez, working as a…

MILAN -- Maserati will never start or get involved in a price war with competitors, CEO Davide Grasso said. "We would be completely strategically off-balance if we did that," Grasso told a press briefing on Friday. "Pricing is a very…

There were 209 ship fires reported during 2022, the highest number in a decade and 17 percent more than in 2021, according to a report from insurer Allianz Global Corporate & Specialty. Of that total, 13 occurred on car carriers, but…

The fire on the Panamanian-registered Fremantle Highway, which was carrying new cars, resulted in the death of an Indian crew member and injury of seven who jumped overboard to escape the flames. Japan's Shoei Kisen, which owns the ship,…

San Francisco, July 30: Elon Musk-run Tesla has started a new email campaign to urge Tesla owners who have the Full Self-Driving (FSD) package to upgrade to a new car and transfer the FSD package. The transfer terms…

San Francisco, July 29: Elon Musk-owned Tesla's Cybertruck has been spotted with a wrap that makes it look like a Ford F-150 pickup truck. Cybertruck was seen being transported on a truck in Livermore, California,…

New Delhi, July 28: IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed publicly. The company…

New Delhi, July 28: The new Mercedes-Benz V-Class range has been introduced to the world. The latest range of Merc MPV models that comprise of V-Class, V-Class Marco Polo, EQV, eVito, and Vito variants, come…