Auto Industry News
U.S. Set To Release Study Details On Chips Shortage Amid Funding Push
Automakers and chips manufacturers have warned the supply shortages could last until least 2023.
U.S. Seeks More Information From Tesla On Distracted Drive Game Probe
Apr 28, 2022 06:54 AM
In December, the National Highway Traffic Safety Administration (NHTSA) opened a preliminary evaluation into 2017-2022 Tesla Model 3, S, X, and Y vehicles over the vehicle's "Passenger Play" feature.
GM Aims To Launch Personal Self-Driving Car By Mid-Decade: CEO
Apr 28, 2022 06:49 AM
General Motors Co aims to introduce a "personal autonomous vehicle" by mid-decade, said Chief Executive Mary Barra.
Geely, Renault Formally Agree On Cooperation In South Korea
Apr 28, 2022 06:44 AM
The new vehicles, based on Geely's compact vehicle architecture as well as its hybrid powertrain and other technologies, will be produced at the Renault-Samsung facility in Busan with production forecast to begin in 2024.
China's Annual Auto Sales Climb For First Time Since 2017
Apr 28, 2022 06:42 AM
Overall sales in the world's biggest car market rose 3.8% year-on-year, after monthly sales of 2.79 million vehicles in December brought total sales for 2021 to 26.28 million
BMW Brand Delivers Record 2.21 Million Vehicles In 2021
Apr 28, 2022 06:40 AM
The BMW Group delivered 2.52 million vehicles, an 8.4% increase from last year.
U.S. Hybrid Electric Car Sales Hit Record Highs
Apr 28, 2022 06:37 AM
U.S. sales of hybrid vehicle sales jumped 76% to 801,550 vehicles last year, accounting for 5% of U.S. light vehicle sales, according to data from analytics firm Wards Intelligence.
Dassault Systemes Raises Targets For 2022, Sets Out Succession Plan
Apr 28, 2022 06:31 AM
French software maker Dassault Systemes on Wednesday raised its annual profit forecast and reported first-quarter earnings that topped estimates, boosted by its industrial and clinical trial businesses.
Tata's Air India Proposes To Buy AirAsia India
Apr 28, 2022 06:28 AM
Tata Group-owned Air India has proposed to buy the entire equity share capital of low cost carrier AirAsia India, in which Tata has a majority stake, to merge into a single airline, according to an application with India's competition commission.