German multinational automotive manufacturer Volkswagen Group reported an increase in sales in 2023, buoyed by its mass-market cars and premium brand Audi. The sales last …
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Investigators from the European Commission will inspect Chinese automakers in the coming weeks to decide whether to impose punitive tariffs on them to protect European …
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INDUSTRY NEWSLatest News
Tata Motors’ new Sanand facility commences production, signifying a strategic leap
by Biplab Dasby Biplab DasThis development is a notable achievement for the company, and the inauguration was marked by the unveiling of the first Tata-branded car from the state-of-the-art …
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INDUSTRY NEWSLatest News
Auto insurance costs surge in U.S., posing puzzle for inflation trends
by Biplab Dasby Biplab DasIn December, motor vehicle insurance premiums experienced an astronomical increase of 20.3% compared to the previous year.
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INDUSTRY NEWSLatest News
Tesla announces pay hike for U.S. production workers
by Biplab Dasby Biplab DasIn a move reflective of a broader industry trend, Tesla (TSLA.O) has informed its production workers in the United States about an upcoming pay increase. …
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INDUSTRY NEWSLatest News
Sainsbury’s dives into EV charging business, aims for 750 charging bays by 2024
by Biplab Dasby Biplab DasSainsbury’s, the renowned British supermarket group, has ventured into the electric vehicle (EV) charging landscape with the launch of its “Smart Charge” operation. The initiative …
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INDUSTRY NEWSLatest News
FCC seeks clarity from automakers on internet-connected car technology amidst stalking concerns
by Biplab Dasby Biplab DasThe Chairwoman of the U.S. Federal Communications Commission (FCC), Jessica Rosenworcel, has reached out to nine major automakers, including Tesla led by Elon Musk, expressing …
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INDUSTRY NEWSLatest News
Polestar falls short of 2023 delivery goals due to market challenges
by Biplab Dasby Biplab DasPolestar Automotive Holding, the Swedish electric vehicle (EV) manufacturer, faced a setback in 2023 as it reported deliveries below its target. The company, known for …
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INDUSTRY NEWSLatest News
Tier Mobility and Dott announce merger to create largest European e-scooter operator
by Biplab Dasby Biplab DasIn a significant development within the e-scooter rental landscape, Tier Mobility and Dott have announced their merger, marking a strategic move to become the largest …
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To answer the fierce competition from the updated Tata Nexon, Mahindra has launched the updated 2024 XUV400 with more features, a fresh interior and reduced …