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Browsing Category
auto
Tesla Records $204 Million Loss From Bitcoin Investments in 2022
San Francisco, February 1 : Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. Maruti Suzuki Fronx: From Name to Its Entire Game, Have a…
Honda Amaze Next Generation Model To Launch in India in 2024; Know All About It Here
New Delhi, February 1 : The Honda Amaze is reportedly going to come in its next generation avatar next year. Honda is said to be working on the third-gen model of the popular Honda Amaze compact sedan and it would…
Electric Two-Wheeler Sales in India To Reach 22 Million by 2030: Report
New Delhi, February 1 : As the electric vehicle (EV) adoption grows in India, the electric two-wheeler sales volume in the country is likely to reach 22 million by 2030, a report showed on Wednesday. According to…
Renault cedes power at Nissan for uncertain benefits
It is counting on Ampere, which it will separate from its traditional internal combustion engine business and list on the stock market for a valuation of as much as 10 billion euros, to present itself as a pure electric player and get back…
Volvo design to be led by exec from EV startup Arrival
Volvo Cars has named Jeremy Offer its next global head of design.
Offer has more than 30 years’ experience as a designer, but this is his first top-level post at a global automaker, according to his LinkedIn profile.
The 55-year-old…
Hyundai Grand i10 Nios 2023 Facelift; How the Updates Make It All the Better
New Delhi, January 31 : Hyundai has launched Grand i10 Nios facelift in order to refresh the car’s appeal in the current year 2023. The Hyundai i10 has been a highly successful moniker in India that has been around…
Maruti Suzuki Hits Key Milestone of Selling 25 Million Cars in India
New Delhi, January 31 : Maruti Suzuki India Limited (MSIL), India’s top selling car maker has achieved the highly impressive milestone of 25 million cumulative domestic sales on January 9. Maruti Suzuki Fronx: From…
VW will not match Tesla price cuts for its EVs
BERLIN -- Volkswagen Group has no plans to offer discounts for its electric vehicles to counter price cuts by Tesla, CEO Oliver Blume told a German newspaper.
VW will not take part in a price war with Tesla, Blume told the Frankfurter…
India’s EV Market Likely To Cross 1 Core Sales Mark Per Annum by 2030: Economic Survey
New Delhi, January 31 : India's electric vehicles (EV) market is expected to grow to one crore units annual sales by 2030 and create 5 crore direct and indirect jobs, according to the Economic Survey 2022-23. The…
Maruti Suzuki Fronx: From Name to Its Entire Game, Have a Comprehensive Look at All-New Urban SUV
New Delhi, January 31 : Maruti Suzuki unveiled its all-new sub-compact crossover - the Fronx at the Auto Expo 2023 earlier this month. The Maruti Suzuki Fronx seems to be an instant success even before its official…
GMC Hummer SUV, Canyon pickup output begins
DETROIT — GMC has started building the SUV version of the Hummer EV and the third-generation Canyon midsize pickup.Production of the 2024 Hummer EV SUV began Monday at General Motors' Factory Zero plant in Detroit, officials said. The 2023…
Ford-CATL EV battery plant being pursued by Michigan
Messer said he is uncertain about timing for an announcement on the plant and he is unsure what other sites are being considered.
"There's a lot of competition for this opportunity, both across the U.S. and also our friends in Canada and…
Toyota was the world’s No. 1 carmaker in 2022
TOKYO -- Toyota sold 10.5 million vehicles in 2022, it said, defending its title as the world's top-selling automaker for a third straight year.
Global sales for the group, including truck unit Hino Motors and small-car maker Daihatsu,…
Ford offers to hold talks with workers over German job cuts
Ford executives have offered to hold talks with labor representatives over planned structural changes at the automaker's Cologne plant and other German sites, a labor boss said.
Ford plans to cut thousands of jobs, mostly in product…
BYD set for surge in 2022 profit as sales jump
China's BYD, the world's biggest seller of full-electric vehicles and plug-in hybrids, expects its 2022 net profit to be more than five times the amount it booked a year earlier, the company said.
With sales of 1.86 million cars, it…
Maruti Suzuki Fronx EV on the Anvil; Expected India Launch in 2025
New Delhi, January 30 : Maruti Suzuki being the top car maker in India is planning big on its future car lineup strategy, and as electric vehicles (EVs) are a huge part of the near future mobility system, the…
Toyota Urban Cruiser Hyryder CNG Launched in India; Know All Specs, Features and Price Details
New Delhi, January 30 : Toyota India has launched the CNG version of the Urban Cruiser Hyryder SUV to expand its lineup and offer cleaner vehicle options to the Indian car buyers.
The new Toyota Urban Cruiser…
Elon Musk-Run Tesla’s Vehicle Deliveries To Exceed 1.7 Million Units Globally in 2023 If Company’s…
San Francisco, January 30: Elon Musk-run Tesla's 2023 vehicle deliveries are projected to exceed 1.7 million units, with a 31 per cent YoY growth, and it seems attainable if the company's recent price cuts remain in…
BMW X6 Luxury SUV Gets Silently Discontinued; Delisted From Company’s India Website
New Delhi, January 30 : BMW India has apparently silently discontinued the X6. The German luxury behemoth has removed the X6 from the listing on its official Indian website, which indicates that the model will no…
Detroit’s Packard plant ruins getting smaller
Detroit's most infamous abandoned auto plant is finally coming down after more than 60 years of being ravaged by scrappers and the elements.The city last week said it has started demolishing a second portion of the 40-acre Packard Plant,…
Colorado targets car dealer warranty reimbursement parity
The bill would also impose a limit on automakers' ability to challenge dealership rates for warranty parts and labor "when the rates are substantially different than the charges of other similarly situated line-make dealers."
Tim Jackson,…
BMW X1 2023: Luxury Car Maker Launches Its 3rd Generation Sports Activity Vehicle in India; Check…
New Delhi, January 28: Luxury car maker BMW on Saturday launched the all-new BMW X1 sports activity vehicle (SAV) in both petrol and diesel variants for consumers in India.
Locally produced at BMW Group Plant…
Hyundai Motor, Kia Sued in US for Lack of Anti-Theft Technology in Some Models
Seoul, January 28: A Seattle City attorney in the US has filed a lawsuit against Hyundai Motor and its affiliate Kia for the lack of anti-theft technology in some of their models, the carmakers said.
In the suit…
Maruti Suzuki To Use Cow Dung for Its CNG Cars, Signs MoU With National Dairy Development Board
New Delhi, January 28: India's largest car manufacturer company Suzuki Motor Corporation (SMC) has announced that it will use cow dung to power its CNG cars. An MoU has been signed between Maruti Suzuki and Asia's…
Tesla CEO Elon Musk Meets US Officials to Discuss Electric Vehicles
Washington, January 28: Tesla and Twitter CEO Elon Musk met Biden administration officials in Washington to discuss electric vehicles, CNN reported on Friday citing the White House spokesman.
Reportedly, Musk met…
Elon Musk and Tesla power through regulatory, demand challenges
Tesla Inc. and its outspoken CEO, Elon Musk, went into this week's earnings call on shaky ground.
The electric vehicle maker slashed prices across its lineup by up to 20 percent mid-January amid softening global demand and growing…
Tesla Car Crash: Investigators Checking for Mechanical Issues After Accident Involving…
New York, January 27: Investigations are on to explore whether a Tesla car crash earlier this month, involving an Indian-American and his family, occurred due to mechanical issues in the car, the San Mateo County…
CARS24 Layoffs: Pre-Owned Vehicle Platform Says Will Hire Over 500 After Firing Around 600 Employees
New Delhi, January 27 : After slashing around 600 jobs last year, pre-owned vehicle platform CARS24 on Friday said it will hire more than 500 employees across verticals in the next 3 months. Layoff Season 2023:…
Toyoda set to remain a force at Toyota, even as he bows out
'Apprentice period'
But it remains to be seen how much influence the relatively young Sato will be able to exert, analysts said, given that many of the executives around him will be older -- something that still counts for a lot in Japan.…
Toyota Innova Crysta Returns With a Refresh; Find Specs, Features and Updates Here
New Delhi, January 27 : The popular Toyota Innova Crysta premium MPV had to make way for the new generation Innova Hycross. However, the Innova Crysta has returned with a refresh post its short hiatus from the…