Category: Automobile

Volkswagen to invest 1 bn euros in Skoda India

New Delhi: Skoda Auto India on Monday said that its parent Volkswagen Group will invest 1 billion euros in the…

BMW to recall vehicles in China over fuel tank defect

Beijing: BMW Brilliance Automobile, a joint venture between luxury car maker BMW and Chinese car maker Huachen Auto Group, will…

M&M’s June overall sales up 26%

Mumbai: Automobile major Mahindra & Mahindra (M&M) on Sunday reported a 26 per cent increase in its overall sales including…

Hyundai Motor India’s overall sales in June up 19.5%

Mumbai: Automobile major Hyundai Motor India (HMIL) on Sunday reported a rise of 19.5 per cent in its overall sales…

Toyota Kirloskar sells 14,102 units in June

Chennai: Car maker Toyota Kirloskar Motor on Saturday said it sold over 14,000 units in June 2018. In a statement…

Tata Steel, Thyssenkrupp AG ink pacts to combine businesses in JV

Mumbai: Tata Steel and Thyssenkrupp AG on Saturday signed definitive agreements to combine their European steel businesses in a 50:50…

Tata Motors June domestic sales up 54%

Mumbai: Automobile major Tata Motors on Sunday reported a 54 per cent growth in its domestic sales for the month…

Maruti Suzuki India’s June sales up 36%

Mumbai:Automobile major Maruti Suzuki India on Sunday reported a rise of 36.3 per cent in its overall sales including exports…

Nissan to establish global centre for digital operations in India

Mumbai: Automobile manufacturer Nissan Motor Co. on Friday said that it will establish a new "global centre for digital operations"…

Formula One: Red Bull to leave Renault for Honda: statement

Paris: The Red Bull Formula One team announced Tuesday it is splitting with Renault and will use Honda engines from…

Ford bets its future on new Detroit hub

Chicago: Bill Ford Jr., the great-grandson of the American carmaker's founder, stood in front of thousands Tuesday in Detroit, with…

Global electric car sales up over 50 percent in 2017: IEA

Paris: Electric car sales around the world rose by 54 percent in 2017, taking global stock across the three-million threshold,…

BP buys Britain’s biggest electric car charging firm

London: British energy major BP agreed Thursday to buy the nation's largest electric vehicle charging firm, as it bets on…

Energy giant BP bets on electric car boom

London: British energy major BP on Thursday bought the nation's largest electric vehicle charging firm, as it bets on booming…

UK car investment almost halves on Brexit : industry

London: Investment in Britain's key automotive sector collapsed by almost half in the first six months of the year owing…

First investor complaint filed against Daimler over ‘dieselgate’

Germany: A law firm said Saturday it had lodged the first investor complaint in Germany demanding compensation from car manufacturer…

Volkswagen to stash cars at Berlin’s problem airport

Germany: Car giant Volkswagen will stock cars awaiting strict new emissions tests at Berlin's under-construction airport, combining the German national…

Musk emails Tesla staff about sabotage by employee

California: Tesla CEO Elon Musk emailed all of his staff about an alleged sabotage by an employee who reportedly shared…

Auto racing: IndyCar Texas results

Los Angeles: Results on Saturday in the IndyCar race at the 1.5-mile (2.41km) Texas Motor Speedway in Fort Worth, Texas:…

Chinese electric carmaker Byton raises $500 mn to take on Tesla

Washington: China-based electric car startup Byton has raised $500 million as it ramps up efforts to take on rivals like…