In Europe, which is the Volvo Group’s biggest market, sales grew 8% when compared to January of 2023, reaching 23,141 sold cars.

The speculation of merger intensified after an EV market slowdown forced Renault last week to cancel IPO plans for its EV and software unit Ampere.

CEAT Indian Supercross Racing League made its debut at the Shree Shiv Chhatrapati Sports Complex in Balewadi, Pune on 28 January 2024.

Aurora Innovation, an autonomous vehicle technology company, announces a reduction in its workforce in preparation for the commercial launch of its self-driving technology.

Owing to concerns about impeding domestic manufacturing and delaying progress in establishing the EV charging network President Biden vetoes legislation blocking the waiver.

Unionised workers at Audi’s Mexico unit go on strike over a wage dispute, rejecting the carmaker’s 6.5% salary raise offer and demanding a 15.5% increase.

The United Auto Workers praise Joe Biden’s pro-union record, while sharply criticising Donald Trump for allegedly opposing their values.

Tesla’s shares were down 6% in after-hours trading as Elon Musk noted that ramping up production of the new vehicle would be challenging.

Volkswagen shares rose after call with analysts fuelled bets that the car maker might unveil fourth-quarter sales above current market expectations.

Tesla has already sent requests for quotes or invitation for bids for the new affordable model to its suppliers last year.