Cars

Reuters

Nov 14, 2021, 7:44 PM

Musk Sells Nearly $7 Billion Worth Of Tesla Shares This Week

Tesla CEO Elon Musk has sold 6.36 million shares this week - around 37% of 17 million. He now needs to offload about 10 million more shares to fulfill his pledge to sell 10% of his holdings.

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  Charanpreet Singh | Nov 14, 2021

  Maruti Suzuki Production Drops 26% In October 2021 Due To Chip Shortage

  Maruti Suzuki India has produced 134,779 units in October 2021 registering a drop of over 26 per cent against 182,490 units manufactured in the same month last year.

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  Sameer Contractor | Nov 14, 2021

  2021 Volvo XC90 With The Mild-Hybrid Engine Launched In India, Priced At Rs. 89.90 Lakh

  The Volvo XC90 now comes with the 2.0-litre mild-hybrid engine that has been tuned to develop 296 bhp and 420 Nm of peak torque.

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  PTI | Nov 14, 2021

  Maruti Suzuki Gets Clearance For New Plant In Sonipat: Haryana CM

  The chief minister said the ongoing talks with Maruti to set up the plant on about 900 acres of land at Kharkhoda have been finalized on Saturday.

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  PTI | Nov 13, 2021

  Hyundai Forms Task Force To Support Customers In Flood-Affected Tamil Nadu

  To ensure seamless mobility, Hyundai said it has deployed a dedicated emergency roadside assistance service team to support the customers.

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  car&bike Team | Nov 13, 2021

  Toyota Says It Will Start Making Up For Lost Production In December

  Toyota Motor Corp, the world's top-selling automaker, said on Friday it would begin making up for production lost from supply shortages in December, with factories at home in Japan returning to normal for the first time in seven months.

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  car&bike Team | Nov 12, 2021

  Daimler Committed To Electrification But Bans Are Not The Answer, Says CEO

  Daimler AG is committed to a COP26 agreement to phase out fossil fuel emitting cars by 2035 in major markets and by 2040 globally, but an all-out ban is not the answer, the company's top executive said.

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  car&bike Team | Nov 12, 2021

  Nine Governors Press U.S. Lawmakers To Pass Semiconductor Funding Bill

  A bipartisan group of governors from nine states sent a letter on Wednesday to U.S. lawmakers urging them to pass subsidies for semiconductor factories that would produce chips for cars.

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  Seshan Vijayraghvan | Nov 12, 2021

  Auto Sales October 2021: Passenger Vehicle Sales Drops 27% YoY Due To Chip Shortage

  The Society of Indian Automobile Manufacturers (SIAM) has released the monthly sales numbers for October 2021. Last month the total passenger vehicle sales in the domestic market stood at 2,26,353 units, a year-on-year decline of 27 per cent compared to the 3,10,694 vehicles sold in October 2020.

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