Cars News

U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
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 electric vehicle (EV) market.

Volkswagen No Longer Investing In Self-Driving Startup Argo AI
Oct 29, 2022 04:22 AM
The first outcomes from the partnership between Volkswagen's software unit Cariad and Bosch, announced in January this year, are planned for 2023, the statement said.

BMW X6 50 Jahre M Edition Launched In India, Priced at Rs. 1.11 Crore
Oct 29, 2022 03:29 AM
The new BMW X6 Jahre M Edition is the ninth model in the Jahre series to be launched in the country and arrives in two unique shades - Black Sapphire and M Carbon Black.

Upcoming Car Launches In India In 2022
Oct 28, 2022 05:15 PM
The auto industry saw a lot of action this year as far as new launches are concerned and there is more to go before the year ends.

Nissan Considers Taking 15% Stake In Renault’s Planned EV Unit: Report
Oct 28, 2022 04:50 PM
Nissan Motor Co. and Renault SA are currently in talks about the future of their alliance. These negotiations include Nissan’s potential investment in the latter’s planned electric vehicle business.

Analysis-Ford, VW Pop The Automated-Vehicle Bubble With Argo AI Exit
Oct 28, 2022 12:27 AM
As Ford, General Motors Co and other companies began to realize they would need to step up investment over a longer period of time, "it was never clear what the financial returns were going to be" on automated vehicles, Evangelos Simoudis, an investor, author and corporate adviser

Indian Hotel Company Installs 224 EV Chargers Across Its 90+ Properties In India
Oct 28, 2022 12:23 AM
IHCL, which currently has 92 hotels and resorts across India, says the initiative is part of ‘Paathya’ the company’s ESG+ framework to drive its sustainability and social impact measures.

Oil Prices Ease On Chinese Demand Data, Stronger Dollar
Oct 28, 2022 12:21 AM
Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.

Nigeria Orders Final Seizure Of houses, Cars Of Former Oil Minister
Oct 28, 2022 12:15 AM
Alison-Madueke was a key figure in the administration of former President Goodluck Jonathan who served as petroleum minister from 2010 to 2015. She has been dogged by corruption allegations since she left office but denies the charges.

Upcoming Launches
