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Automobile: BMW launches new sports car line in Mexico after plant expansion

German automaker BMW kicked off a new production line on Thursday for its Series 2 Coupe compact sports car at the company's two-year-old factory in c...
Passenger vehicle segment to lead sales recovery to pre-pandemic levels: Crisil

Passenger vehicles (PV) dealers are expected to lead a recovery among all automobile dealers sub-segments with 20 to 22 per cent revenue growth this f...
Automobile: Auto registrations jump 34 pc as economy opens up

Automobile registrations across the country rose by 34 per cent last month as compared to July last year with passenger vehicles showing 63 per cent h...
Tesla chair Denholm sells shares worth more than $22 million

Tesla Inc chair Robyn Denholm sold more than $22 million worth of shares in the electric-car maker after exercising stock options, according to a fili...
Toyota, Honda beat profit estimates but warn of extended chip crunch

Toyota Motor Corp posted record quarterly earnings and Honda Motor Co raised its annual profit forecast on Wednesday as post-lockdown sales surge, but...
S. Korea: Hyundai Motor ranked first in hydrogen cars sales, surpassing Toyota

Hyundai Motor overtook Toyota and regained its number 1 position in hydrogen electric vehicle sales. According to SNE Research on the 2nd, Hyundai Mot...
Renault sees 2021 profit despite chip crunch, raw material costs

French carmaker Renault said on Friday it expected to deliver a full-year 2021 profit even as a global shortage in semiconductor chips and rising raw...
VW lifts margin outlook again after record profit

Europe's largest carmaker Volkswagen has raised its profit margin target for the second time in less than three months.
Tesla posts record profits, offers muddy outlook for batteries, Cybertruck

Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to higher sales of its less-expensive electric vehicles, as it raised...
GM, Cruise demand Ford drop 'BlueCruise' name for hands-free driving

General Motors Co and its Cruise robo-taxi subsidiary said early Saturday they have asked a U.S. federal court to stop Ford Motor Co from using the na...
VW to end U.S. production, sales of Passat as focuses on SUVs

Volkswagen AG said it will end U.S. sales and production of the Passat sedan next year, the latest shift by automakers away from cars and toward large...
4 dead, 1 injured in accident in Karnataka's Kalaburagi

As many as four people died and one injured after a car collided with a wine tanker on Tuesday near Kotanoor in Kalaburagi, said police.
Hyundai Motor unveils Avante N with '280 HP like a sports car'

Hyundai Motor's high-performance brand N unveiled Korea's first high-performance sedan model.
EU set to call time on combustion engine within two decades

The European Union is set to propose measures on Wednesday, as part of a broad climate package, that signal the end of petrol (gasoline) and diesel ca...
Renault raises targets for share of electric vehicles

Renault said on Wednesday that electric vehicles would account for up to 90% of the French carmaker’s models by 2030, amping up its ambitions in a fas...
Renault seals electric car battery deals with Envision, Verkor

French carmaker Renault said on Monday, it had sealed partnerships with China's Envision AESC and France's Verkor to produce electric car batteries in...
Ferrari unveils $320,000 hybrid sports car in its race to electric

Ferrari unveiled a new first plug-in hybrid car on Thursday as the luxury sports car maker famed for its roaring combustion engines retools its range...
Honda hopes new civic hatchback to be basis for more Efficient Cars

Honda Motor Co unveiled its latest Civic hatchback designs on Thursday, with hopes that the all-new model will become a foundation for developing cars...
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