Category: Automobile

Hyundai Motor India to invest Rs 7,000 crore in Tamil Nadu facility

Chennai: Hyundai Motor India Ltd (HMIL) will spend about Rs 7,000 crore on its Tamil Nadu facility, as India's second-largest…

JSW proposes to set up steel unit in Odisha, JSPL to expand its plant

Bhubaneswar: JSW Group on Monday proposed to set up a greenfield steel plant in Odisha while JSPL said it would…

Audi to pay mega fine in VW’s latest dieselgate fallout

Germany: Auto giant Volkswagen cleared a new hurdle in its "dieselgate" scandal Tuesday, paying a hefty fine to close a…

Six things to know about Volkswagen’s latest court case

Germany: The first major court case against Volkswagen over its cheating of emissions tests on 11 million diesel vehicles worldwide…

Ford and Baidu partner up on testing self-driving cars in China

China: Chinese search giant Baidu and Ford announced a joint two-year project on Wednesday to test autonomous vehicles in China,…

E-trio Automobiles launching retrofitted cars in India

New Delhi: Telangana based start-up E-trio Automobiles which has been focusing on the emerging electric vehicles space, is all set…

BMW profit dips in ‘volatile’ times

Germany: German high-end carmaker BMW on Wednesday posted a steep drop in quarterly profit as new emissions tests, global trade…

Domestic passenger vehicle sales up 1.55% in October: SIAM

New Delhi: Sale of passenger vehicles in the domestic market rose by 1.55 per cent on a year-on-year basis in…

Nissan first-half profit slumps on rising costs

Tokyo: Japanese automaker Nissan on Thursday logged a 10.9-percent drop in net profit for the six months to September owing…

Tesla appointed Robyn Denholm as new chairman replacing Elon Musk

Tesla has appointed Robyn Denholm as its new chairman, replacing Elon Musk who is a founder of the company, he…

Hyundai backs start-up to bring deep learning to autonomous cars

Seoul: Aiming to bring deep learning (DL) technology to autonomous cars, Hyundai Center for Robotic-Augmented Design in Living Experience (CRADLE)…

Ola starts ride-share services in New Zealand

Bengaluru: Indian ride-sharing major Ola on Tuesday forayed into New Zealand starting its cab hailing services in Auckland, Wellington and…

German car parts maker to shut UK sites, citing Brexit

London: Schaeffler, a German maker of parts for cars and industrial products, announced Tuesday plans to shut two UK sites,…

Ropeways, cable cars future of Indian transport: Nitin Gadkari

New Delhi: Union Minister for Road, Transport and Highways Nitin Gadkari on Monday said that the country needs futuristic technology…

Ferrari revs up, doubling third quarter profit

Milan: Ferrari on Monday said it had doubled third quarter net profits to 287 million euros ($327 million) as the…

Volkswagen profits soar as diesel scandal costs fade

Germany: German car giant Volkswagen reported soaring profits Thursday for a third quarter free of massive payouts for diesel emissions…

Honda raises forecasts on solid motorbike sales

Tokyo: Japan's Honda Motor said Tuesday it was raising annual forecasts after first-half profits rose over 19 percent on brisk…

JSW Energy’s Q2 stand-alone net profit down 0.9%

Mumbai: JSW Energy reported a 0.94 per cent fall in its stand-alone net profit on a year-on-year basis for the…

Emissions test hangover for German October car sales

Germany: New car sales in Germany rebounded in October from a plunge triggered the previous month by new emissions tests,…

Tesla envisions ‘partial presence’ in India by 2019 end

New Delhi: Tesla Motors' Chief Executive Officer (CEO), Elon Musk, has revealed the company's plans of expanding its overall market…