Auto Industry News

Rivian Automotive Inc has named Frank Klein, a former executive at Canadian auto parts maker Magna International's unit, as its chief operating officer

Electric-car makers may have to rethink how they source raw materials as the surge in commodity prices due to Russia's invasion of Ukraine puts pressure on their profit margins

Car manufacturers, guarding their gatekeeper role in accessing data from their vehicles, have resisted specific regulations for in-vehicle data, saying that protecting consumers is paramount.

The announcement comes a day after Tesla raised its prices in China and the United States for the second time in less than a week.

BMW Group said it now expects an earnings before interest and taxation (EBIT) margin of 7-9% for its car business rather than 8-10%, due to the impact of the unfolding Ukraine crisis

The 51-year-old stunt bike icon allegedly took his own life and was said to be suffering from depression.

Nitin Gadkari expressed optimism about the adoption of electric and alternative fuel-powered vehicles, saying the scenario will change in the next five years.

Toyota Mirai is a Hydrogen Fuel-Cell based EV (FCEV). The mid-sized sedan holds the official Guinness World Record for the longest distance by a hydrogen fuel cell electric vehicle without refuelling, at 1359 km (845 miles).