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AUTOMAKERS TRUCK DEMAND
Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
Doug Field, Apple and Tesla veteran, quits as Ford’s EV, tech chiefDoug Field, a former Tesla and Apple executive leading Ford’s EV and tech efforts, will leave next month after nearly five years. Hired to ...
Mahindra eyes South Africa expansion as China rivals gain groundMahindra & Mahindra is reportedly in advanced talks to upgrade its South African plant, potentially introducing completely knocked-down (CK...
Ford slows EVs, sends a truckload of cash to investorsFord is slowing investment in new EV capacity to match slower demand following a seismic change in EV pricing over the past year, Ford exec...
The world’s road fuel demand to peak years earlier than expectedDecline in demand for road fuel will be steepest in Europe and the U.S. and an anticipated rise in fuel use in countries such as India and ...
Suzuki to manufacture mini trucks in India: ReportJapanese Automobile major Suzuki Motor is planning to manufacture and sell light commercial trucks in India from next year to tap the growi...
- Daimler gets approval for truck JV with China's Foton
Daimler AG said it has received Chinese government approval to set up a 50-50 truck venture with Beiqi Foton Motor Co.
- Car giants stumble amid global slowdown
Vehicle sales in emerging markets won't compensate for plunging markets elsewhere, car and truck makers indicated on Tuesday, as they appli...
- Chrysler Nov US sales drop 47 pc; GM down 41 pc
November US vehicle sales at General Motors and Chrysler plunged more than 40 per cent, while Ford's sales dropped 31 per cen
- Ford's US sales drop 34 per cent in September
Ford Motor Co's U S automaker reported a 34 per cent decline in September.
- Honda's July global output jumps on demand for Fit
Honda reported that its global production in July jumped 17.7 per cent to 342,152 vehicles.
- Asian carmakers zoom ahead of Big Three in US market
While Asian brands garnered 49 per cent of the market share, GM, Ford and Chrysler's US brands shrank to a record low 42.7 per cent.
- Asian carmakers zoom ahead of Big Three in US market
Nissan's US sales gain in July propelled Asia-based automakers to a record market share as Asian brands held 49% of the US mkt. BMW's 7-ser...
- GM to cut truck and SUV production by 117,000 units
General Motors Corp. says it is cutting production by another 117,000 vehicles as a result of lower demand for pickup trucks and SUVs.
- GM to go slow on SUVs, trucks in cost-cut drive
General Motors is preparing to announce further restructuring to cut costs and conserve cash amid a downturn in US truck sales, the Wall St...
- Hyundai Motor shelves plan to make pickups in US
Hyundai Motor Co has shelved a plan to make pickup trucks in the United States as demand for that type of vehicle declines amid high oil pr...