GM CEO Mary Barra recently stated that profit margins for traditional gasoline-powered vehicles have not peaked, and she indicated that EV sales are ramping up.

Elon Musk has previously indicated that the robotaxi is slated for production in 2026, with an expected price tag under USD 30,000.

The Financial Conduct Authority (FCA), Britain’s financial watchdog, has levied a substantial fine of £5.4 million ($7 million) against Volkswagen Financial Services (UK) Limited for …

Global oil markets showed signs of stabilisation on Monday, following a tumultuous week that saw prices plummet by more than 7%. The recovery comes as …

Forvia, the world’s seventh-largest automotive parts supplier by revenue, announced on Monday that it has been selected to supply BYD’s second European factory, located in …

Swedish truck manufacturer AB Volvo has released its third-quarter financial results, revealing a substantial decline in adjusted earnings and forecasting flat demand for heavy trucks …

The National Highway Traffic Safety Administration (NHTSA) has announced the commencement of a formal investigation into approximately 2.4 million Tesla vehicles equipped with the company’s …

Hindustan Petroleum Corporation Limited (HPCL) is on the verge of launching its new Liquefied Natural Gas (LNG) import terminal at Chhara in western India. The …

This partnership enhances GM’s investment in the Thacker Pass project by an additional USD 325 million, bringing the total investment to nearly USD 1 billion.

US Treasury Secretary Janet Yellen contends that the approach of isolating the US economy through high tariffs and treating allies as mere transactional partners is …