Cars News
Oil Slumps By Over $2/bbl, Dogged By Recession Fears
Oil prices briefly erased some losses after officials said the U.S. Energy Department will repurchase 3 million barrels of domestic crude oil for the Strategic Petroleum Reserve.
China's BYD To Launch A Second New EV Brand In 2023 - Executive
Dec 31, 2022 04:12 PM
The new brand will be an addition to Yangwang, a premium brand set for launch in the first quarter of 2023
Electric Vehicles Confront The Leap To The Mass Market
Dec 31, 2022 04:11 PM
The automobile industry is pouring more than $1 trillion into a revolutionary shift from combustion engines to electric vehicles guided by software.
India Tax Body Clarifies Sports Utility Vehicles Definition
Dec 31, 2022 04:11 PM
To qualify as SUVs for the purpose of GST and cess cars must meet the criteria of having an engine capacity of over 1,500cc, be over 4000 mm and a ground clearance of 170 mm.
Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief
Dec 31, 2022 04:10 PM
The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years
U.S. Opens Safety Probe Into Autonomous Driving System In GM's Cruise Vehicles
Dec 31, 2022 04:10 PM
The National Highway Traffic Safety Administration (NHTSA) said it has received notices of incidents in which self-driving Cruise vehicles "may engage in inappropriately hard braking or become immobilized."
Mahindra CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away
Dec 31, 2022 04:10 PM
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.
Tesla Launches EVs In Thailand Amid Competition From Cheaper Brands
Dec 31, 2022 04:09 PM
Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.
Foxconn Unit Invests $500 Million (Rs. 4100 Crore) In India Affiliate
Dec 31, 2022 04:07 PM
Foxconn's Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million (Around Rs. 4100 Crore).
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