Latest News
Chip Shortage Forces Temporary Closure Of Volvo Cars Factory: Report
Oct 28, 2022 04:11 AM
The factory will be closed for one week due to the ongoing problem with semiconductor shortages, Volvo said.
U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
Oct 28, 2022 04:08 AM
The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.
Volkswagen No Longer Investing In Self-Driving Startup Argo AI
Oct 29, 2022 01:19 AM
Volkswagen disclosed a $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup, in June 2020. Ford has invested in the start-up as well.
Down On Chips, Toyota Goes Back To Basics With Car Keys
Oct 28, 2022 04:01 AM
"As the shortage of semiconductors continues, this is a provisional measure aimed at delivering cars to customers as quickly as possible," Toyota said in a statement.
Twitter Shares To Be Suspended On NYSE As Musk Nears Takeover: Report
Oct 28, 2022 03:56 AM
The deal's completion would mark an end to a lawsuit by Twitter, which, along with investors, now expects the deal to be completed on its original terms of $54.20 per share.
Musk Wants Twitter To Be 'Most Respected Advertising Platform': Report
Oct 28, 2022 03:53 AM
Musk, Twitter co-founder Jack Dorsey and investors in the deal had previously suggested moving away from advertising and seeking revenue from subscriptions and other means.
iVooMi JeetX Limited Edition Electric Scooter Launched For The Festive Season, Priced At Rs. 98,000
Oct 28, 2022 06:13 PM
The iVooMi JeetX Limited Edition electric scooter is priced at Rs. 1.02 lakh (ex-showroom), but will retail at Rs. 98,000 till November 10, 2022, for the festive season.
Pravaig's Upcoming Electric SUV To Pack 402 bhp, Unveil On November 25
Oct 28, 2022 02:58 AM
Pravaig's upcoming electric SUV will pack about 402 bhp and seems to be inspired by the Range Rover with a sharp and futuristic design language.
Honda 2Wheelers India Sales Cross 80 Lakh Units In Maharashtra
Oct 28, 2022 12:40 AM
HMSI crossed the 40 lakh units sales mark in 2016 in Maharashtra, which means the next 40 lakh units were sold in a period of just six years. The Activa 6G is the brand's best-selling two-wheeler in the state.
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