Auto Industry

Reuters

Dec 22, 2022, 10:31 PM

Chinese Dealers Seek Compensation Over Stellantis Jeep Failure

Stellantis is overhauling its strategy in China after agreeing to file for bankruptcy of its Jeep joint venture with local partner Guangzhou Automobile Group (GAC) in October.

2 Min

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  car&bike Team | Aug 8, 2024

  Ola Electric Rolls MoveOS 3 Nationwide; Gets Over 50 New Features

  Ola Electric rolled out its proprietary MoveOS 3 software for all its scooters nationwide. With the coming of the new update, Ola scooters get up to 50 new features along with improvements in performance.

  3 mins read
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  Jaiveer Mehra | Dec 22, 2022

  New Lexus RX To Make India Debut At 2023 Auto Expo

  Carmaker to reveal specifications for India-bound model at the Auto Expo in January.

  2 mins read
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  Reuters | Dec 22, 2022

  U.S Says G7 Should Soon Unveil Price Cap Level On Russian Oil, Adjust Regularly

  The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust the level a few times a year rather than monthly.

  3 mins read
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  Reuters | Dec 22, 2022

  India Seeks To Use Global Energy Challenge As Opportunity, Says Minister

  India hopes to convert the current global oil challenges from the Ukraine crisis into an opportunity to secure affordable energy, Oil Minister Hardeep Singh Puri said.

  2 mins read
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  Reuters | Dec 22, 2022

  Automakers, South Korea Urge U.S. To Tap Commercial EV Tax Credit

  The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South Korea, the European Union, Japan and others.

  2 mins read
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  car&bike Team | Dec 22, 2022

  Tesla Offers Additional Discount To Chinese Buyers On Some Models

  This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by the end of December.

  1 min read
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  Reuters | Dec 22, 2022

  Toyota Offers Cheaper Prius If Customers Take Software Updates

  The lease program will require customers to opt in for a service expected to bring monthly lease payments down by 10%, Toyota's leasing affiliate said.

  1 min read
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  Reuters | Dec 22, 2022

  Vietnam's EV Maker Vinfast Files For U.S. IPO To Fuel Global Expansion

  VinFast, which began operations in 2019, is gearing up to expand in the U.S. market, where it hopes to compete with legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9, including battery leasing to reduce the purchase price.

  3 mins read