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CAR DELIVERIES DELAY
Skoda Auto and its Mumbai dealer ordered to pay Rs 3.25 lakh compensation after 58 days repair delay on five-month-old carA Mumbai lawyer's brand-new Skoda Superb refused to start just five months after purchase. The car spent 58 days at the service centre whil...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
SpaceX's nearly $2 trillion IPO is heavily banking on this one entity and it's top on Elon Musk's priority listSpaceX would join a small group of companies valued at $2 trillion, most of which have steady revenue and strong profits.
SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI visionInvestors are betting big on SpaceX's IPO, valuing it at nearly two trillion dollars. The company aims to fund its ambitious AI plans with ...
Iran war energy shock drives India's interest in ethanol and other biofuelsIndia and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil ...
Rising energy bills: How EVs, rooftop solar, induction cooking can protect your household budget and how much they actually costFuel prices are volatile, electricity tariffs are rising, and your LPG cylinder is at the mercy of global events. Here’s how switching to a...
Ukraine is hitting oil facilities deep inside Russia. Soaring fuel prices could blunt impactUkrainian drones are hitting Russian oil facilities deep inside the country. These attacks aim to cut funding for the war. While the econom...
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
Elon Musk lays out Terafab AI chip project planElon Musk announced Tesla will utilize Intel's 14A process for its ambitious Terafab chip project in Texas. This advanced complex aims to p...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
From Hormuz to headquarters: Iran war ripples through corporate balance sheets, blurs forecastsBusinesses face rising costs and supply chain disruptions due to the U.S.-Israeli war with Iran. Companies report higher transport and raw ...
Luxury carmakers hope West Asia ceasefire will lift consumer sentimentA ceasefire in West Asia is set to boost India's luxury car market. Top executives from Mercedes-Benz, BMW Group, and Audi anticipate custo...
Buying your dream car just got easier: A deep dive into ACKO Drive's transparent processACKO Drive is revolutionizing car buying in India by offering a transparent and hassle-free online platform. Backed by reputable investors,...
Porsche Q1 deliveries fall 8% on weaker demand in China and EuropePorsche experienced an 8% drop in global deliveries during the first quarter, primarily due to decreased demand in China and Europe, with d...
Tesla delivers close to 1 million vehicles in 2021In the fourth quarter (Q4), the Elon Musk-run electric car-maker achieved production of more than 305,000 vehicles and deliveries of over 3...
Tesla sales continue to surge in face of chip shortagesEarlier this month, Electrek reported on CEO Elon Musk telling employees in a company-wide call that "this is the craziest month of deliver...
Lamborghini India banks on healthy order book to prevent sales declineThe company, which sold 52 units of its super luxury vehicles that are priced above Rs 2.5 crore in India last year, feels that its sales t...
Dreamliner’s engine cracks even before its deliveryThis is the second time in as many years that a structural or technical issue has forced delayed delivery of Dreamliners to customer airlin...
- Hyundai Motor halts overseas shipments due to strike
South Korea's largest automaker Hyundai Motor said today it had stopped exporting cars due to lost production put at around one billion dol...