Auto Industry News
Apple's Next-Gen CarPlay With Widgets, Greater Integration
Apple Inc announced significant updates to CarPlay at the Worldwide Developers Conference event, as the company looks to upgrade it from an infotainment system to a software solution that will allow drivers to control parts of their car and show more information such as speed and fuel level.
Geely Founder's Venture Buys Majority Stake In Chinese Smartphone Maker Meizu
Jun 19, 2022 08:58 PM
A venture run by the founder of Chinese automaker Zhejiang Geely Holding plans to acquire an 79% stake in Chinese smartphone maker Meizu.
Elon Musk's SpaceX Fires At Least Five Over Critical Letter
Jun 19, 2022 05:47 PM
Private rocket company SpaceX fired at least five employees after it found they had drafted and circulated a letter criticizing founder Elon Musk and urging executives to make the firm's culture more inclusive, two people familiar with the matter said.
Tesla Raises Prices For Some Model Y Cars In China
Jun 19, 2022 05:20 PM
Tesla Inc has raised the price for some Model Y cars for the Chinese market, its website showed.
Toyota Says Consumer Choice Dictates Pace Of Electrification
Jun 19, 2022 05:13 PM
Toyota Motor Corp pushed back against critics who say it has been slow to embrace battery electric vehicles (BEV), arguing it needed to offer a variety of car choices to suit different markets and customers.
Tesla To Charge More For Cars In United States As Inflation Bites
Jun 19, 2022 05:09 PM
Tesla Inc again raised prices for all its car models in the United States in response to persistent global supply-chain problems and soaring raw material costs.
Elon Musk Sued For $258 Billion Over Alleged Dogecoin Pyramid Scheme
Jun 19, 2022 03:50 PM
Elon Musk was sued for $258 billion by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
Tesla Investor Sues Musk, Board Over Accusation Of Workplace Discrimination
Jun 18, 2022 11:08 PM
The new lawsuit is the latest against Tesla, which has been accused of racial discrimination and sexual harassment in its factories. CEO Elon Musk and Tesla Board have been accused of neglecting to tackle complaints about workplace discrimination and harassment.
EU, India Relaunch Talks For Free Trade Agreement
Jun 18, 2022 10:22 PM
The European Union and India have relaunched negotiations to forge a free trade agreement. Piyush Goyal, India's Commerce Minister said, "This partnership will become a defining moment for world trade in the 21st century".
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