Auto Industry News
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.
Musk Says Wise To Avoid Margin Loans During Macroeconomic Risks
Dec 26, 2022 06:29 PM
Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter about the electric-vehicle maker's stock performance.
Mahindra Thar To Get New 4x2 Variants
Dec 26, 2022 06:08 PM
Aside from missing out on the four-wheel drive system, the diesel Thar will also come with a smaller 1.5-litre engine.
Europe's Car Repairers Call For Competition Rules Rewrite
Dec 26, 2022 05:43 PM
The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.
Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
Dec 26, 2022 05:39 PM
The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.
Tesla Falls On Growing Angst Over Musk's Focus On Twitter
Dec 26, 2022 05:38 PM
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors
Dec 26, 2022 05:32 PM
Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.
Israeli Startup Makes Inroads With Personal Flying Vehicle
Dec 26, 2022 05:29 PM
The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.
Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its Money
Dec 25, 2022 11:51 PM
One of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.
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