Volkswagen
- World
Hyundai Motor pips Volkswagen to become world’s 2nd-largest automaker
Seoul: Hyundai Motor Group has outperformed Volkswagen Group to become the world’s second-largest automaker in terms of operating profit, industry data showed on Thursday. According to automotive industry data, Hyundai Motor Group…
- India
Toyota recalls around 168K vehicles over fire risk
San Francisco: Japanese automotive giant Toyota has recalled around 1,68,000 recently manufactured vehicles in the US over a potential fire risk. The recall involves certain 2022 and 2023 model-year Toyota Tundra and…
- Automobile
Ford, Volkswagen-backed driverless startup Argo AI to shut down
San Francisco: Ford and Volkswagen-backed self-driving startup Argo AI, which came into the scene in 2017 with a $1 billion investment, is reportedly shutting down. As reported by TechCrunch, Argo AI employees…
- Business
Ford, VW-backed startup Argo AI bids goodbye to 150 employees
San Francisco: As recession fears grow, the US-based autonomous vehicle technology startup Agro AI, backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making…
- Automobile
Strong competition coming Tesla way with budget segment electric cars
New Delhi: Within a couple of years, Tesla will face strong competition from traditional automakers like Volkswagen, Toyota and Stellantis, which released their ambitious vehicle electrification plans last year, a new report…
- Automobile
Volkswagen acquiring Huawei’s autonomous driving unit
New Delhi: German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous driving unit for billions of dollars, the media reported. According to Germany’s Manager Magazin, Volkswagen and…
