Volkswagen's China EV venture has no new models planned for next two years, sources sayThe launch of Volkswagen's ID. UNYX series in China has resulted in lackluster sales for its electric vehicle joint venture. With no new mo...
Honda to invest $3 billion in Ohio plant to make hybrid vehicles, create 2,000 jobsHonda Motor will invest $3 billion to build a new hybrid vehicle plant in Ohio, creating 2,000 jobs and adding annual production capacity o...
Jaguar Land Rover to launch its first electric vehicles in key growth market India in 2027: MDJaguar Land Rover (JLR) will enter India's luxury electric vehicle market in 2027 with the Range Rover Electric and Range Rover Sport Elect...
Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exportsCommerce Minister Piyush Goyal met a delegation led by Å koda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports...
- Tesla to add Cybertruck shift to clear orders before dismantling line next year
Tesla plans to add an additional production shift to fulfill outstanding Cybertruck orders by next year. CEO Elon Musk stated that producti...
Force Motors to launch electric Traveller platform and ambulance by 2027, investing ₹3000 cr in EV technologyForce Motors intends to launch an electric version of the Traveller platform in the first quarter of 2027. An electric ambulance is expecte...
DGFT invites applications for vehicle import quotas under India-UK FTAThe government of India has opened applications for importers seeking duty concessions under the India-UK trade pact. This initiative relat...
Auto sector sees strong Dhanteras deliveries, expects momentum to continue till DiwaliAutomakers and dealerships reported strong Dhanteras deliveries following robust Navratri sales, with Maruti Suzuki expecting over 30,000 d...
Audi may boost size of new US auto plant by $3 billion, add 3,000 jobsAudi's plans to construct a $4 billion assembly plant in Macon, Georgia, are underway, aiming to produce 200,000 SUVs each year. This ventu...
Maruti Suzuki to set up 12 automated driving licence test tracks in TelanganaMaruti Suzuki has signed a memorandum of agreement with the Telangana transport department for test tracks. The company will set up twelve ...
Kia India plans $1.5 billion investment in Andhra Pradesh to expand manufacturing operationsThe proposed investment is expected to significantly expand the company's manufacturing footprint at its Anantapur facility, where Kia curr...
Toyota raises annual profit outlook by 15% as hybrid demand, weak yen boost earningsToyota Motor raised its full-year operating profit forecast by 15% after reporting a 34% year-on-year increase in quarterly profit, its fir...
Chinese genetic firm Novogene sues US over military designationChinese genetic sequencing firm Novogene has initiated legal action against the Pentagon over its military designation. Novogene was added ...
BMW Q3 profit falls 15% as China competition weighsBMW reported a 15% year-on-year decline in third-quarter net profit to 1.45 billion euros, a day after issuing its second profit warning of...
China's Baidu launches AI model simulating road environment for robotaxisApollo World can generate "up to 100,000 km" (62,000 miles) of simulated driving daily, equivalent to about three years of real-world testi...
Tata Projects wins contract to build global automaker's plant in MaharashtraTata Projects has secured a contract to build a greenfield plant in Chhatrapati Sambhajinagar, Maharashtra. This project will involve the a...
Global Market: European automakers get earnings boost as Chinese competition weighs on recoveryEuropean automakers have received a boost from recent earnings, but their recovery remains fragile. Rising competition from Chinese manufac...