Automaker Stellantis posts massive €22 billion loss, pivots from EVTroubled automaker Stellantis, behind brands like Jeep and Fiat, announced Thursday a net loss of 22.3 billion euros ($26.3 billion) for la...
27 Feb, 2026, 12.36 AM IST
Ford may produce hybrids & ICE engine parts at Chennai plantSources say the current volatility in EV demand has prompted a rethink at Ford. EV demand is seeing some pressure worldwide including in ma...
24 Oct, 2024, 08.41 AM IST
US autocos race to build more hybrids as EV sales slowUS sees rising hybrid vehicle sales amid declining electric-vehicle sales. Automakers shift focus to meet consumer demand for hybrids, navi...
16 Mar, 2024, 12.55 AM IST
Tata to make EVs at Sanand Plant from April, may launch Curvv EV, Harrier EV later this yearTata Motors plans to start electric vehicle production at the Sanand plant from April, acquiring the facility from Ford India. The company ...
22 Jan, 2024, 05.19 PM IST
Tatas roll out cars out of acquired Ford India plant in GujaratTata Passenger Electric Mobility Ltd (TPEM) rolls out the first Tata badged car from its new plant in Sanand, Gujarat, which was acquired f...
13 Jan, 2024, 01.02 PM IST
Ford cutting several hundred white-collar jobs to reduce cost amid transition to electric vehiclesThe company has reorganized itself into three business units, Ford Model e for electric vehicles, Ford Blue for vehicles with combustion en...
27 Jun, 2023, 08.49 PM IST
Ford CEO says EV cost parity may not come until after 2030Ford Chief Executive Jim Farley on Wednesday said that electric vehicles may not reach cost parity with internal combustion engine vehicles...
31 May, 2023, 08.42 PM IST
Electric vehicles confront the leap to the mass marketThe automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by ...
15 Dec, 2022, 05.58 PM IST
Ford cutting 3,000 white-collar jobs in bid to lower costsThe cuts represent about 6% of the 31,000 full-time salaried work force in the U.S. and Canada. Ford's 56,000 union factory workers are not...
22 Aug, 2022, 10.59 PM IST
Ford to invest $3.7 bln for production of EVs, gas-powered vehiclesFord said $2.3 billion of the total investment will be spent on EVs, part of the $50 billion in EV spending through 2026 it previously outl...
02 Jun, 2022, 07.30 PM IST
Ford may slash ad spending, revamp dealers to boost EV profit, CEO saysThe shift from internal combustion vehicles to EVs is "the most exciting land grab in our industry since the Model T" introduced by Henry F...
01 Jun, 2022, 11.00 PM IST
Ford to run EV unit separately as competition heats upThe automaker said Wednesday that its plan includes two distinct, but strategically interdependent, auto businesses - Ford Blue focusing on...
02 Mar, 2022, 06.38 PM IST
Nissan to stop most development of new gasoline engines - NikkeiThe automaker will continue limited development of its gasoline engines for its U.S. market, mainly for pickup trucks, according to Nikkei,...
07 Feb, 2022, 08.30 PM IST
Toyota Motor Corporation is all set to test hydrogen combustion engines in race carsOne advantage of hydrogen engines is that minimal adjustments are needed from regular internal combustion engines, except for the fuel pipi...
25 Oct, 2021, 10.32 AM IST
Hyundai to slash combustion engine line-up, invest in EVs: SourcesThe move will result in a 50% reduction in models powered by fossil fuels, one of the people said, adding the strategy was approved by top ...
27 May, 2021, 01.31 PM IST
Tesla's rise made 2020 the year the US auto industry went electricTesla's market capitalization surged above $600 billion, making the once wobbly startup founded by billionaire Elon Musk worth more than th...
21 Dec, 2020, 12.30 PM IST
Purely electric vehicle platform in long term, EV based on Ford platform on anvil: M&MWhile the company is not betting big on personal use of EVs, according to Managing Director Pawan Goenka, M&M is looking to bring an electr...
06 Mar, 2019, 05.26 PM IST