Despite Daimler Truck reporting higher earnings for the third quarter, its shares experienced a 3.8% decline following the market announcement.
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The company recorded a net profit of USD 32.6 billion for the quarter ending September 30, compared to USD 42.4 billion during the same period …
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Kia has revealed the prices and engine options for the 2024 Kia Carnival in South Korea. Kia will begin delivering the Carnival in mid-Nov.
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INDUSTRY NEWSLatest NewsLuxury Cars
GM temporarily halts Cruise Origin van production
by Biplab Dasby Biplab DasCruise, the driverless car unit of General Motors, previously announced a nationwide pause in operations.
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INDUSTRY NEWSLatest News
UAW members approve new deal at General Dynamics plants
by Biplab Dasby Biplab DasThe new four-year agreement was met with strong support from UAW members, with a substantial 74% majority voting in favor of it.
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Honda has updated its Ridgeline off-road pickup truck with new features and TrailSport off-road package promising better performance in treacherous situations.
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INDUSTRY NEWSLatest News
U.S. senators push for battery manufacturing boost to counter China
by Biplab Dasby Biplab DasChina currently leads the global electric vehicle (EV) battery supply chain, controlling over 75% of battery cell production.
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INDUSTRY NEWSLatest News
General Motors plans investment in affordable and premium EVs
by Biplab Dasby Biplab DasThe investment details were disclosed in a summary of the new agreement negotiated with GM by UAW and are expected to extend through April 2028.
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A recent study by Volkswagen Commercial Vehicles finds half of UK van drivers admit to overloading their vans. This is despite 89% of the offenders …
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INDUSTRY NEWSLatest News
Developers in India install EV chargers to attract buyers
by Biplab Dasby Biplab DasNotable developers, including Mahindra Lifespace, Kolte-Patil, Brigade, and DLF, are integrating EV charging solutions into their residential developments.