Oil prices fell on expectations that U.S. production could rise and as weaker economic data out of China and the country's widening COVID-19 curbs weighed on demand.
The chief of Volkswagen's Spanish unit SEAT said the subsidies offered by Spanish authorities for a battery factory construction and electric vehicle production "is not sufficient", but voiced optimism about finding a solution.
Lyft Inc said it would lay off 13% of its workforce, or about 683 employees, in the ride-hailing firm's latest cost-cutting step to cope with a weakening economy.
SiMa.ai said it is entering the automotive industry and has recruited Harald Kroeger, a former executive at top tier auto supplier Bosch and Mercedes Benz, to lead that business.
Authorities in New Delhi ordered primary schools to shut from Saturday, and told schools to stop outdoor activities for older children as air in the world's most polluted capital had become a severe risk to health.
Saudi Arabian Crown Prince Mohammed Bin Salman Al Saud will award each of the country's 2022 FIFA World Cup squad players with a Rolls Royce Phantom, as the team registered a shock victory over cup favourites Argentina.
Decades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.
Brent crude futures settled down 1.7%, to $90.03 per barrel, while U.S. West Texas Intermediate (WTI) crude settled down 3.1%, to $82.82 per barrel on Tuesday
As per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.
Meet the Aston Martin DBX 707 (pronounced as seven-oh-seven), a mental, high-performance alter-ego of the DBX, and I say mental because this fine piece of machinery is India’s most powerful luxury SUV.
Ola says its range of Ola electric scooters will help support the New Zealand government's goal of bringing 64,000 new electric vehicles on the road by the end of 2021. It will also help the public sector to become carbon neutral by 2025.
Lexus hasn't announced a timeline or plan for the production of the vehicle -- but this is in line with the company's original plans of releasing its first EV in 2021.
Ather Energy has decided to fast forward its expansion plan in the Indian market. The Ather 450X e-scooter will be available in a total of 27 cities by Q1, 2021.
Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.
The previous BS4 version of the Tata Tiago NRG crosshatch which was based on the pre-facelift Tiago accounted for 10 per cent of Tiago's overall sales in its brief period and was well accepted in rural markets.
Organisers of the 2021 New York Auto show have pulled the plug on the much-awaited event having concerns regarding the safety of visitors and exhibitors anticipating the third-wave of COVID-19.
General Motors Co on Wednesday swung to a second-quarter profit from a loss last year when the COVID-19 pandemic shut operations and raised its full-year forecast despite an $800 million hit from the recalls of the Chevrolet Bolt electric vehicle.
Toyota Motor Corp posted a record quarterly profit on Wednesday and Honda Motor Co raised its annual profit estimate as pandemic-hit sales rebounded, but the automakers saw no end in sight to the global chip shortage.
Indian automakers are seeking an extra year to meet tighter rules on fuel efficiency, aimed at reducing carbon emissions, as the companies reel from the financial impact of COVID-19, sources told Reuters.
BMW raised its 2021 profit forecast on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
The Ministry of Road Transport and Highways on Tuesday said it has issued a notification to exempt battery operated vehicles from the payment of fees for issue or renewal of registration certificate.
