Category: Automobile

Helicopter taxi apps offer escape from traffic-choked megacities

Singapore: Within minutes of using an app to book a ride, Agostino Fernandes was looking down on lush greenery from…

Audi admits emissions ‘irregularities’, halt A6/A7 deliveries

Germany: German luxury carmaker Audi on Tuesday said it had detected "irregularities" in the emissions controls of recent A6/A7 models,…

VW chief met FBI over dieselgate, obtained guarantees: media

Berlin: Volkswagen chief Herbert Diess met FBI investigators over the diesel emissions cheating scandal and secured guarantees from Washington days…

Tesla reports narrower than expected losses, shares swerve

San Francisco: Tesla on Wednesday reported that it lost less money than the market expected and said it was making…

Toyota invests Can$1.4 billion in Canada plants

Ottawa: Toyota announced Friday it would invest Can$1.4 billion ($1.09 billion) in two factories in central Canada where the Japanese…

Ola launches new initiative for social causes

Bengaluru (Karnataka): Leading ride-sharing company, Ola, on Monday launched 'My Ride. My Cause.' on its platform to crowdsource funds and…

Ferrari hails ‘record’ Q1 results as profits zoom

Milan: Italian luxury carmaker Ferrari on Thursday said it was racing towards scoring "another great year" after profits accelerated past…

Mercedes-Benz trucks to be made in Pakistan

Islamabad: Pakistani authorities have signed a MoU with Germany-based auto giant Daimler AG for the production of Mercedes-Benz trucks in…

Waymo self-driving van involved in crash

Arizona: We are still years away from autonomous vehicles taking over our roads. In a latest instance which makes us…

UK car sales rebound from year-long falls: industry

London: Britain's new car sales rebounded slightly in April, industry data showed Friday, having slid a year earlier on taxation…

M&M remains positive on tractor sales in FY19

Kolkata: Mahindra & Mahindra's (M&M) Farm Equipment Sector remains bullish on the "emerging" four wheel drive segment, an official said…

Indian owned Hero Cycles unveils new Insync bike range for UK market

New Delhi: The world's biggest bicycle manufacturer, Indian owned Hero Cycles on May 3 launched its keenly anticipated new range…

BMW races into 2018 with sales, profits record

Germany: German high-end carmaker BMW said Friday it booked a strong first three months with record first-quarter shipments and profits,…

Tesla posts $3.4bn in revenue, aims 5,000 cars a week

San Francisco: Aiming to ramp up its production targets to 5,000 cars a week, Elon Musk-run Tesla has reported revenue…

Former Volkswagen CEO charged with fraud in ‘dieselgate’

Washington: The US government on Thursday filed charges against the former executive of Volkswagen (VW), Martin Winterkorn, who resigned in…

Tata Motors’ Board approves sale of defence and aerospace portfolio to TASL

Mumbai: Automobile major Tata Motors (TML) on Thursday said its Board has approved the sale of the company's defence and…

Hero MotoCorp’s Q4 rises by 34.78%

Mumbai: Two-wheeler major Hero MotoCorp on Wednesday reported a rise of 34.78 per cent in its net profit for the…

Ashok Leyland sold 12,677 units in April

Chennai: Commercial vehicles major Ashok Leyland Ltd on Wednesday said it closed last month with 79 per cent sales growth.…

Mahindra Group sets 11 new commitments to cut emissions

Bonn: Taking the initiative in action against climate change, top Indian corporate Mahindra Group at a UN summit here on…

M&M auto sales up 22% in April

Mumbai: Automobile major Mahindra and Mahindra (M&M) on Tuesday reported a rise of 22 per cent in its monthly sales…