Cars News

While MG's year-over-year sales have shown a good improvement, the sales figures have posted a decline two months in a row.

Some of the highly anticipated SUVs are set to hit the road in 2023, both at the upcoming auto expo and later in the year.

The Los Angeles-based company said it expects to start production of its FF 91 Futurist electric car at its manufacturing facility at the end of March 2023.

Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.

The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.

Indian refiners have been gorging on Russian oil sold at a discount as some Western entities shun purchases from Moscow following its invasion of Ukraine in late February.

Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

The festive season helped drive strong overall sales at most Indian automakers in November.