Auto Industry News

Planning To Buy A Used Second-Gen Ford Figo? Here Are Some Pros And Cons
The second-gen Ford Figo was based on an advanced platform and came with new styling, premium features and new engines. You can still get one in the used car market, but before you start looking for one here are some pros and cons you must consider.

Planning To Get A Used 4x4 SUV? Here Are Our Top 5 Picks
Jul 27, 2022 06:31 PM
If you are looking for a good 4x4 or AWD vehicle but are on a tight budget, then the used car market is the place for you. And here are 5 all-wheel 4x4 or AWD SUVs, which we think you should consider.

Planning To Buy A Used First Generation Hyundai i20 (2008-2015): 5 Things To Know 
Jul 27, 2022 05:48 PM
Here are five things you need to know about buying a pre-owned first-generation Hyundai i20.

Texas Instruments Forecasts Upbeat Current-Quarter Earnings On Strong Chip Demand
Jul 27, 2022 03:43 PM
Chipmaker Texas Instruments Inc forecast current-quarter revenue largely above expectations, betting on sustained demand from industrial and automotive customers and improvements in supply-chain bottlenecks

Germany To Reduce Electric Car Subsidies In 2023
Jul 27, 2022 03:35 PM
Sources suggest that the incentives, or premiums, paid to buyers of electric cars will expire completely once an allocated sum of 3.4 billion euros ($3.44 billion) from the next two years' budget is spent

S.Korea's LGES Looking For EV Battery Plant Sites In Europe, Asia Ex-China
Jul 27, 2022 03:18 PM
The South Korean company also said it was still reviewing its 1.7 trillion won ($1.29 billion) investment for a battery plant in the U.S. state of Arizona

VW Begins U.S. Production Of EV Compact SUV In Tennessee
Jul 27, 2022 12:09 AM
The German automaker said it plans to deliver ID.4 SUVs produced in Tennessee as early as October and will ramp up production to 7,000 cars per month by the end of 2022.

Indonesia Says Mitsubishi Motors To Invest About $667 Million Over Next 3 Years
Jul 26, 2022 11:22 PM
Indonesia's chief economics minister in a statement said the Japanese company had invested 11.3 trillion rupiah up to 2021 and was planning to expand its production in the Southeast Asian country.

Crisis-Hit Sri Lanka Woos Foreign Oil Firms Amid Fuel Shortages
Jul 26, 2022 11:00 PM
Sri Lanka canvassed oil companies in petroleum-producing nations on Tuesday to import and sell their products in the Indian Ocean island, opening its market to resolve acute shortages of fuel during its worst economic crisis in decades.

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