Auto Industry News

Ferrari unveiled its first SUV, the 390,000 euro ($397,000), 12-cylinder Purosangue, aimed at super-rich drivers still not ready to go all-electric.

Tunisia said it is raising the price of cooking gas cylinders by 14% and fuel by 3% as part of a plan to reduce energy subsidies, a policy change wanted by the country’s international lenders.

Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in a Hong Kong initial public offering (IPO), according to regulatory filings, that would be the largest in the city in 2022.

South Korea's opposition to new rules governing U.S. subsidies for electric vehicles are set to overshadow President Yoon Suk-yeol's first official trip to the United States, disrupting a recent display of alliance strength with Washington.

The Biden administration named a team of senior advisers to oversee $52.7 billion in government funding to boost semiconductor manufacturing and research.

Hauwa Shakir puts the finishing touches to an elegant lilac and grey dress, grabs her handbag and steps into a grey Toyota Corolla in front of her home in the outskirts of central Abuja.

A South African local engineering team, which includes 20- to 70-year old members, for the first time took part in the continent's biggest solar car race, where drivers travel on public roads from Johannesburg to Cape Town.

Toyota Motor Corp said it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor shortages.