Cars News
Musk To Step Down As Twitter CEO Once He Finds 'Someone Foolish' Enough As Successor
Musk's $44 billion takeover of Twitter in October has been marked by chaos and controversy, with some investors questioning if he is too distracted to also properly run his electric-vehicle automaker Tesla
Volkswagen Expects Difficult 2023 For Financial Services Unit
Dec 30, 2022 10:34 PM
The financial unit is still benefiting from high prices for used cars and lower costs for credit and residual value risks in the current year.
Faraday Future Targets April For EV Deliveries, Sees Fresh Funding
Dec 30, 2022 09:29 PM
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.
Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'
Dec 30, 2022 09:02 PM
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.
Tesla To Freeze Hiring, Lay Off Employees Next Quarter - Report
Dec 30, 2022 08:54 PM
The reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.
India Sees No Hit To Fuel Exports From EU Feb 5 Action On Russian Imports - Oil Secretary
Dec 30, 2022 08:53 PM
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 CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away
Dec 30, 2022 08:30 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.
Top Luxury Cars Coming To India In 2023
Dec 30, 2022 08:26 PM
2023 will bring with it many big-ticket launches from across the segments. We take a look at what luxury cars are expected to launch in India in 2023.
Maruti Suzuki Alto – The Car That Drives India
Dec 30, 2022 12:23 AM
The Maruti Suzuki Alto has been the most popular family car in the country. It’s fuel-efficient, fun-to-drive, and has a legacy that stands for trust and reliability.
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