Auto Industry News
India November Auto Sales: Car, Tractor, Truck Sales Rise
The festive season helped drive strong overall sales at most Indian automakers in November.
Musk Delivers First Tesla Truck, But No Update On Output, Pricing
Dec 31, 2022 05:43 PM
Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.
Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report
Dec 31, 2022 05:43 PM
The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.
Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief
Dec 31, 2022 05:43 PM
The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years
Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 31, 2022 05:43 PM
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year
Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact
Dec 31, 2022 05:43 PM
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
Uber, Motional Launch Robotaxi Service In Las Vegas
Dec 31, 2022 05:43 PM
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Dec 31, 2022 05:43 PM
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
German Car Giants And Asian Battery Kings: A Match Made In Hungary
Dec 31, 2022 05:43 PM
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.