Auto Industry News

To help create space for future products and to better align with U.S. market demand, production of the Lexus ES and Lexus ES Hybrid will shift from the facility

The new Bajaj Pulsar N250 and F250 compete with Suzuki's Gixxer 250 and the Gixxer SF 250, respectively. Yamaha's FZ25 is also a direct rival to the Pulsar N250. So, let's see where they stand against each other, on the paper, in terms of pricing.

Senior executives at 12 major international automakers on Friday urged California's two U.S. senators to oppose a proposal to give union-made electric vehicles an additional $4,500 tax credit.

Amazon.com Inc now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday.

The company said in a term sheet when the deal launched it would use the funds to increase its working capital, pay down debt and invest in research and development.

Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed.

The heart of the remodelled assembly is a traverse dolly line. The system relies on "rootless" equipment, meaning that the plant does not use fixed conveyor belts or hangers

The initial public offering attracted strong interest from institutional investors in Sweden and abroad as well as from the general public in the Nordics.