By: AFP | Updated on: 19 Apr 2024, 13:07 PM Share via: Japanese auto giant Nissan cuts sales, profit forecasts Japanese auto giant Nissan said Friday it had lowered its sales and profit forecasts for the fiscal year that ended on March 31, citing higher costs. "The forecast sales volume has been lowered to 3.44 million units, net revenue to 12.6 trillion … [Read more...]
Decision to join Ferrari doesn't need "vindicating": Lewis Hamilton
By: ANI | Updated on: 19 Apr 2024, 10:40 AM Share via: Ferrari stunned the sporting world by announcing that the seven-time world champion will join the Italian team for the 2025 Formula One season on a mu ... Read more Shanghai [China], : Lewis Hamilton said his decision to join Ferrari does not require "vindicating" and condemned "talk" around his departure … [Read more...]
Geely to Sell $1.32 Billion of Volvo Truck Shares
By: Bloomberg | Updated on: 19 Apr 2024, 08:49 AM Share via: China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 billion Swedish ... Read more China’s Zhejiang Geely Holding Group is selling the entirety of its Class B shares in truckmaker Volvo AB that were worth about 14.46 … [Read more...]
Japan’s Suzuki Says Yen Set by ‘Various Factors’ Beyond Rate Gap
By: Bloomberg | Updated on: 19 Apr 2024, 02:22 AM Share via: Japanese Finance Minister Shunichi Suzuki said an interest rate gap with the US is just one of many factors weighing on the yen, which is hovering aro ... Read more Japanese Finance Minister Shunichi Suzuki said an interest rate gap with the US is just one of many factors weighing on the yen, which … [Read more...]
Suzuki hits new milestone of producing 8 million two-wheelers in India
By: HT Auto Desk | Updated on: 18 Apr 2024, 18:58 PM Share via: The Japanese manufacturer has been operating in India since 2006 and hit the 8 million mileston within 19 years of operations. The 8 millionth two-wheeler to be produced is the Suzuki Avenis 125 from the brand's manufacturing facility in Haryana Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has … [Read more...]
Jaguar Land Rover cars to be build at Tata Motor's new Tamil Nadu plant: Reports
By: HT Auto Desk | Updated on: 18 Apr 2024, 14:59 PM Share via: <!--Tata Motors had earlier announced its plans to invest in a new plant in March, but specific details regarding the models to be manufactured remain unclear.--> Tata Motors had earlier announced its plans to invest in a new plant in March, but specific details regarding the models to be manufactured remain … [Read more...]
Sales slump to job cuts: Warning signs grow for Tesla as electric vehicles surge
By: HT Auto Desk | Updated on: 18 Apr 2024, 13:16 PM Share via: <!--Tesla is seeing a difficult situation where its sales are slumping significantly, stock value is dropping rapidly and the OEM is being compelled to shrink its workforce.--> Tesla is seeing a difficult situation where its sales are slumping significantly, stock value is dropping rapidly and the OEM is … [Read more...]
Google Maps will soon show EV charging stations to help with range anxiety
By: HT Auto Desk | Updated on: 18 Apr 2024, 11:37 AM Share via: <!--Google Maps is receiving a plethora of updates that will make it easier for electric vehicle owners to find EV chargers as well as detailed information about them.--> Google Maps is receiving a plethora of updates that will make it easier for electric vehicle owners to find EV chargers as well as detailed … [Read more...]
EU's new auto cybersecurity rules spark model axings & surveillance concerns
By: HT Auto Desk | Updated on: 18 Apr 2024, 07:05 AM Share via: <!--The EU's new cybersecurity regulations are causing a stir in the automotive industry, leading to the discontinuation of several older models. These regulations, which mandate stringent cybersecurity measures in vehicles, are a response to the increasing threat of cyber attacks on modern cars.--> The EU's … [Read more...]
Rivian cuts its 1% workforce in second round of layoffs this year
By: Reuters | Updated on: 18 Apr 2024, 06:22 AM Share via: <!--Rivian previously cut 10% of its workforce in February 2024 when the company disappointed investors with a lower-than-expected 2024 production forecast.--> Rivian previously cut 10% of its workforce in February 2024 when the company disappointed investors with a lower-than-expected 2024 production forecas ... … [Read more...]
Tesla's Musk likely to unveil $2-3 billion investment during India visit: Report
By: Reuters | Updated on: 17 Apr 2024, 21:45 PM Share via: <!--Musk will meet Modi on Monday during his India trip, when the billionaire is expected to unveil his plans to enter the world's third-largest auto market.--> Musk will meet Modi on Monday during his India trip, when the billionaire is expected to unveil his plans to enter the world's third-largest auto mark ... … [Read more...]
MG Motor India plans to expand presence in tier 3 & 4 cities. Here’s how
By: HT Auto Desk | Updated on: 17 Apr 2024, 16:03 PM Share via: <!--Under MG 2.0, the company plans to establish 100 new touchpoints in tier 3 and 4 cities along with rural areas by the end of the year to improve accessibility and proximity to customers.--> Under MG 2.0, the company plans to establish 100 new touchpoints in tier 3 and 4 cities along with rural areas by … [Read more...]
Volkswagen to invest $210 million in South Africa. Check details
By: Reuters | Updated on: 17 Apr 2024, 13:04 PM Share via: Volkswagen to invest $210 million in a South African plant where a new SUV will be built. Volkswagen is preparing a new SUV that will go on sale in 2027. Image used for representation purpose only. (REUTERS) Volkswagen plans to invest 4 billion rand ($210.67 million) in its South African manufacturing … [Read more...]
Electronic Stability Control or ESC: Everything you need to know about it
By: HT Auto Desk | Updated on: 17 Apr 2024, 07:26 AM Share via: ESC is one of the key active safety features in modern cars that helps the driver to maintain control of the vehicle in critical conditions. ESC is one of the key active safety features in modern cars that helps the driver to maintain control of the vehicle in critical conditions. Modern vehicles … [Read more...]
Aprilia India announces actor John Abraham as its new brand ambassador
By: Sameer Fayaz Contractor | Updated on: 16 Apr 2024, 23:02 PM Share via: John Abraham is an avid motorcycle enthusiast himself and owns an envious collection of superbikes, including the Aprilia RSV4 Factory. Aprilia has signed actor John Abraham as its new brand ambassador in India Aprilia India has announced actor John Abraham as its new brand ambassador as … [Read more...]
Namma Yatri launches cab services in Bengaluru, promises transparent fares
By: HT Auto Desk | Updated on: 16 Apr 2024, 15:41 PM Share via: Namma Yatri aims to offer high transparency and efficiency with its cab services, expanding on its services of three-wheelers. Namma Yatri will be the first app to embrace the latest pricing guidelines set by the Karnataka government Karnataka-based mobility app, Namma Yatri, has announced its foray … [Read more...]
From Earth's rocks to lunar rovers: Toyota's Moon mission with the Lunar Cruiser
By: Srinjoy Bal | Updated on: 16 Apr 2024, 13:20 PM Share via: <!--It is speculated that Toyota will provide the Lunar Cruiser for NASA’s Artemis programme. The Lunar Cruiser draws inspiration from Toyota's Land Cruiser and features a hydrogen powertrain derived from the Mirai fuel-cell vehicle and comes with a claimed range of almost 10,000 km.--> It is speculated that … [Read more...]
This Canadian province bans all cars equipped with Level 3 ADAS. Here's why
By: HT Auto Desk | Updated on: 16 Apr 2024, 07:14 AM Share via: British Columbia has banned all cars with Level 3 ADAS in the province, directly impacting the new Mercedes-Benz S-Class and Mercedes-Benz EQS. British Columbia has banned all cars with Level 3 ADAS in the province, directly impacting the new Mercedes-Benz S-Class and Mercedes-Benz EQS. At a time … [Read more...]
California mom sues Tesla after her 2-year-old started Model X and runs over her
By: HT Auto Desk | Updated on: 16 Apr 2024, 06:30 AM Share via: <!--A two-year-old kid was allegedly able to start a Tesla Model X and run over his pregnant mother, which led to the woman filing a lawsuit against the EV maker.--> A two-year-old kid was allegedly able to start a Tesla Model X and run over his pregnant mother, which led to the woman filing a lawsuit against … [Read more...]
After BMW, this automaker comes up with colour changing technology. Check details
By: HT Auto Desk | Updated on: 15 Apr 2024, 19:50 PM Share via: <!--Toyota has applied for a patent for a colour-changing paint technology. The technology, outlined in a recent patent application, allows owners or dealerships to quickly and easily change the colour of a car using a special process involving heat and light.--> Toyota has applied for a patent for a … [Read more...]
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