The decision to greenlight this strategic investment by leading technology firms comes amidst a backdrop of recent geopolitical shifts.
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The Volkswagen Tiguan goes on sale in the European market with a fresh design, new features and more-efficient powertrain options.
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ZF claims its magnet-free In-Rotor Inductive-Excited Synchronous Motor (I2SM) is more compact and durable than a comparable Permanent-magnet synchronous motor.
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INDUSTRY NEWSLatest News
Daimler Truck expects slight decline in heavy-duty truck market
by Biplab Dasby Biplab DasDespite 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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Latest NewsNEW LAUNCHES
Stellantis unveils Ramcharger plug-in hybrid model, phases out V-8 hemi engines
by Biplab Dasby Biplab DasThis move is part of Stellantis’s broader strategy aimed at reducing the carbon dioxide (CO2) emissions of its North American fleet.
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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.