Automobile
From the latest car reviews to industry insights and cutting-edge technology, stay in the fast lane of automotive trends and innovations.
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Hyundai’s January sales fall 12% amid chip shortage
Seoul: Hyundai Motor, South Korea’s biggest carmaker, has announced its sales fell 12 per cent last month from a year earlier amid global chip shortages. Hyundai Motor sold 2,82,204 vehicles in January,…
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Third Covid wave, microchip shortage dented auto sector’s Jan sales: Experts
New Delhi: The third Covid wave along with microchip shortage leading to lower production and elongated waiting periods dented January 2022 sales of key automobile players. “On account of Covid-19, sluggish rural…
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Wheels India posts Rs 20.60 crore PAT for Q3
Chennai: Automotive wheels major Wheels India Ltd on Wednesday said it had closed the third quarter of FY23 with a net profit of Rs 20.60 crore. In a statement issued here, the…
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Tesla recalls ‘self driving’ feature that lets cars roll through stop signs
San Francisco: Electric vehicle company Tesla is disabling a self-driving feature in nearly 54,000 vehicles that can prompt cars to autonomously perform a “rolling stop” — a maneuver in which the vehicle…
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Union Budget: Sops for capex, infra, MSME, electric vehicles
New Delhi: The outlay for capex has been significantly enhanced by 35 per cent from Rs 5.5 lakh crore to Rs 7.5 lakh crore in the Union Budget, which is more than…
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Tesla lost USD 109 bn in single day amid weak outlook for 2022
New Delhi: Despite delivering a record number of cars in 2021, Elon Musk-run electric car maker Tesla lost nearly $109 billion in market valuation in a single day after its fourth-quarter earnings…
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Automakers to suffer from chip, labour shortages amid new Covid surges
New Delhi: With Covid-19 continuing to impact the global economy in its second year, the automotive semiconductor market will experience uneven shortages and tight supply amid labour shortfall, according to a new…
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Tesla not working on its $25K electric car right now: Musk
San Francisco: Tesla CEO Elon Musk has confirmed that its electric vehicle company is not working on its previously announced $25,000 electric car right now because it has “too much on its…
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Tesla quietly unveils fleet of new electric trucks: Report
San Francisco: Elon Musk-owned electric vehicle company Tesla has quietly unveiled a fleet of new ‘Tesla Semi’ electric trucks as part of its new financial result report. However, there is no word…
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EV makers urge govt to ease PLI norms, expand charging infra
New Delhi: As India begins the journey to popularise the adoption of electric vehicles, leading EV startups said on Thursday that the government should not only introduce standardised EV charging infrastructure across…
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LG Energy Solution, GM to build $2.1 bn battery factory in US
Seoul: South Korean battery maker LG Energy Solution Ltd said on Tuesday that it would spend $2.1 billion together with General Motors (GM) to build another electric vehicle (EV) battery factory in…
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Panasonic to mass produce next-gen batteries for Tesla in 2023
San Francisco: Panasonic is reportedly planning to mass-produce new lithium-ion batteries as early as 2023 for Tesla that could increase the range of electric vehicles by up to 20 per cent. According…
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LG to unveil life-size self-driving concept car
Seoul: LG Electronics said on Monday that it will show off the real-life version of its futuristic self-driving vehicle next month. The LG Omnipod, a mobility concept solution that can serve as…
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Tepid two-wheeler sales to subdue FY22 YoY domestic auto volumes: Ind-Ra
New Delhi: Tepid two-wheeler demand, along with reduced disposable income of entry-level vehicles buyers, are expected to subdue domestic sales volume in FY22 on a year-on-year basis, said India Ratings and Research…
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Witnessing gradual recovery in CV segment demand says Tata Motors
New Delhi: The Centre’s accelerated infra push along with healthy demand from the e-commerce sector has led to a gradual recovery in the commercial vehicle (CV) segment, said automobile major Tata Motors.…
