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India clears way for self-driving, safety car tech to reduce road deathsIndia has removed the licence requirement for automotive radar sensors operating in the 77-81 GHz frequency band, paving the way for wider ...
European shares log weekly losses on Iran war-linked inflation woesdropEuropean markets experienced a significant downturn, with the STOXX 600 index sliding due to escalating energy inflation fears stemming fro...
Why stock market rose today? Sensex rises over 600 points, Nifty ends above 24,150. 3 key factors behind the rallyIndian stock markets surged on Wednesday, with Sensex and Nifty 50 gaining significantly. This optimism was fueled by reports of Iran submi...
EV sales to accelerate with more products slated to come in 18-20 months: Mercedes-Benz India chiefAs India gears up for a sustainable future, Mercedes-Benz is stepping up its game in the electric vehicle sector. The luxury car brand is a...
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
Donald Trump jitters push US allies toward Japan’s most significant military shift since World War IIJapan is set to ease its strict arms export rules. This move is attracting significant interest from countries like Poland and the Philippi...
Tesla's supervised self-driving software gets Dutch okay, first in EuropeDutch regulators approved the use of Tesla's self-driving software with required human supervision on highways and city streets in a Europe...
Nexperia's China unit nears fully local production of chipsChipmaker Nexperia will soon be able to produce semiconductors locally within China, sources told AFP. Local production would allow Nexperi...
Luxury carmakers' gold-leafed Gulf profits are under threat from Iran warLuxury carmakers face a significant challenge as the Middle East market, vital for high profits, is under threat. Regional conflict has led...
BMW, Mercedes, VW in talks with US over possible tariff deal, sources sayGerman carmakers, including BMW, Mercedes-Benz, and Volkswagen, are engaged in discussions with Washington regarding a potential import tar...
Its car profits down, Volkswagen has a new idea: TanksVolkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining pro...
VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
European autos stocks hit on China tariff jittersEuropean autos stocks were the worst performing equity market sector on Wednesday, following a report that suggested there was potential fo...
Chip shortage in Germany's car industry will last years: Audi's Renate VachenauerBerlin has been courting the world's largest contract chipmakers with billions of euros in subsidies. Chipmakers such as US Intel and Taiwa...
'Nein danke': Musk's office ultimatum faces pushback in GermanyThe Tesla chief executive waded into the future of work debate by telling staff at the electric carmaker that they must return to the offic...
Volkswagen clinches wage deal with Germany's IG Metall unionThe deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from Ja...
VW fined 1 billion euro by German prosecutors over dieselgateGerman fine follows a U.S. plea agreement from January 2017, when VW agreed to pay a criminal fine of $4.3 billion to resolve criminal and ...
Emission scandal: Volkswagen set to sign off on a $4.3-billion US penalty settlementThe settlement would remove one of the last big regulatory obstacles for Volkswagen before the January 20 inauguration of Donald Trump as U...
- VW says it will hire 50,000 workers worldwide: Report
Volkswagen, the biggest European carmaker, said Monday in a newspaper that it would hire around 50,000 workers worldwide in the medium-term...