Category: Automobile

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…

Germans to vent VW fury in mass ‘dieselgate’ suit

Germany: Volkswagen will on Thursday get a taste of the anger felt by duped German diesel drivers when consumer groups…

Hyundai Motor India cumulative sales up 4.6%

Mumbai: Automobile major Hyundai Motor India on Thursday reported a 4.6 per cent rise in its overall sales, including exports,…

Premium bike maker Cleveland Cyclewerks India to expand network

Chennai: Premium motorcycle maker Cleveland Cyclewerks India plans to sell about 25,000 units per year in two/three years time and…

TVS Registers 26% growth in Two-Wheeler sales in October 2018

Hosur-based¬†TVS Motor Company¬†continues to post strong volumes with the month of October 2018. TVS recorded a total sale of 398,427…

Tata Motors posts Q2 loss of Rs. 1,048 crore; indicates at poor Jaguar Land Rover performance

New Delhi: Tata Motors on Wednesday reported a consolidated loss worth Rs. 1,048 crore for its quarter ending September 2018.…

Tata Motors rolls out its first SUV ‘Harrier’

Mumbai: Automobile major Tata Motors on Tuesday announced the roll-out of its first SUV "Harrier" from its all-new manufacturing line.…

Confident VW leaves rivals in the dust despite diesel woes

Germany: German car giant Volkswagen defied global headwinds for the industry to report soaring third-quarter profits Tuesday, emerging at least…

Former Audi boss released as diesel probe continues

Germany: A German court released Tuesday former Audi chief executive Rupert Stadler after months in custody but he remains under…

Jaguar Land Rover opens Slovakia factory as Brexit looms

Nitra: Jaguar Land Rover on Thursday opened a 1.4 billion euro ($1.6 billion) factory in Nitra, western Slovakia, its first…

European car stocks surge on report of China tax cut

Germany: Shares in Europe's major car firms jumped Monday, following a report China, the world's biggest auto market, may slash…