Auto Industry

car&bike Team

Apr 28, 2022, 6:49 AM

GM Aims To Launch Personal Self-Driving Car By Mid-Decade: CEO

General Motors Co aims to introduce a "personal autonomous vehicle" by mid-decade, said Chief Executive Mary Barra.

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  car&bike Team | Apr 28, 2022

  Geely, Renault Formally Agree On Cooperation In South Korea

  The new vehicles, based on Geely's compact vehicle architecture as well as its hybrid powertrain and other technologies, will be produced at the Renault-Samsung facility in Busan with production forecast to begin in 2024.

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  car&bike Team | Apr 28, 2022

  China's Annual Auto Sales Climb For First Time Since 2017

  Overall sales in the world's biggest car market rose 3.8% year-on-year, after monthly sales of 2.79 million vehicles in December brought total sales for 2021 to 26.28 million

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  car&bike Team | Apr 28, 2022

  BMW Brand Delivers Record 2.21 Million Vehicles In 2021

  The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.

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  car&bike Team | Apr 28, 2022

  U.S. Hybrid Electric Car Sales Hit Record Highs

  U.S. sales of hybrid vehicle sales jumped 76% to 801,550 vehicles last year, accounting for 5% of U.S. light vehicle sales, according to data from analytics firm Wards Intelligence.

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  car&bike Team | Apr 28, 2022

  Dassault Systemes Raises Targets For 2022, Sets Out Succession Plan

  French software maker Dassault Systemes on Wednesday raised its annual profit forecast and reported first-quarter earnings that topped estimates, boosted by its industrial and clinical trial businesses.

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  car&bike Team | Apr 28, 2022

  Tata's Air India Proposes To Buy AirAsia India

  Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge into a single airline, according to an application with India's competition commission.

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  car&bike Team | Apr 28, 2022

  China Lockdowns Raise Earnings Risk For Chip Firms, Automakers, Industrials

  Industrial firms including GE, chipmakers such SK Hynix and automaker Mercedes Benz warned that China's strict COVID-19 curbs were intensifying supply chain disruptions and raising uncertainty about the business outlook.

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  car&bike Team | Apr 28, 2022

  Oil Prices Fall 5% After IMF Cuts Growth Outlook

  Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.

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