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TVS Motor company sales in February 2021 grow by 18 percent

TVS Motor Company sales grew by 18 percent registering 297,747 units in February 2021 as against 253,261 units in the month of February 2020.
Porsche to participate in fundraising of electric supercar maker Rimac: Automobilwoche

Volkswagen unit Porsche is participating in a financing round of Rimac Automobili that will see the electric supercar maker raise 130 million-150 mill...
Volkswagen sees strong rebound after 'containing' COVID

Volkswagen expects deliveries, revenues and margins to rebound strongly this year as the coronavirus pandemic eases, after an almost halving in profit...
Kia shares rise after report says still scope for Apple partnership

Shares in Kia Corp rose as much as 8.1% on Friday after a South Korean online news site said there was still potential for the automaker to form a par...
Aston Martin says back on the road to profitability after 2020 loss

Aston Martin expects to almost double sales and move back towards profitability this year after sinking deeper into the red in 2020, when the luxury c...
Hyundai Motor to replace battery systems in costly electric car recall

Hyundai Motor Co will replace battery systems in some 82,000 electric vehicles globally due to fire risks, a problem which combined with an earlier re...
Volkswagen to make decision on Bugatti in H1

Electric hypercar maker Rimac Automobili and Volkswagen’s supercar brand Bugatti are a good technological fit, Porsche AG’s CEO told German weekly Aut...
Vehicle price hikes to limit impact of rising costs for auto OEMs

Although increasing input prices will impinge on near-term profitability of auto original equipment manufacturers (OEMs), they are likely to benefit f...
Volkswagen in Mexico to suspend Jetta production on Monday and Tuesday

Volkswagen’s Mexico unit said that a work stoppage on its Jetta model will continue on Monday and Tuesday, due to an ongoing shortage of natural gas.
General Motors, Volkswagen halt some Mexican operations on gas shortage

General Motors Co and Volkswagen AG are suspending some of their operations in Mexico due to a natural gas shortage, while Audi AG will adjust product...
Tesla cuts prices of base variants of Model 3, Model Y

Tesla Inc has reduced the price of its cheaper variants of the Model 3 sedan and the Model Y sports utility vehicle (SUV), while raising prices for th...
Jaguar Land Rover's car range to be fully electric by 2030

Jaguar Land Rover’s car range will be fully electric by 2030 as the carmaker joins a global race to develop zero-emission models to get ahead of loomi...
Nissan says 'not in talks with Apple' over autonomous car project

Nissan Motor Co Ltd said on Monday it is not in talks with Apple Inc, following a report that the iPhone maker approached the Japanese company in rece...
VW 'unintended victim' in battery supplier dispute, seeks four-year reprieve

Volkswagen AG called itself an “unintended victim” in a battle between two battery suppliers and urged the U.S. government to extend a reprieve to buy...
Toyota hikes profit forecast 54%, shrugs off global chip supply issues

Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a global chip shortage to hit prod...
Japan's Nissan trims loss forecast as auto markets rebound and it cuts costs

Japan’s No. 3 automaker Nissan Motor Co on Tuesday trimmed its loss forecast for the current financial year by more than a third as the automaker bene...
3 killed as car hits tractor in UP's Jalaun

Three people were killed and two others injured when a car hit a tractor on Auraiya road here, police said on Friday.
Nissan suspends some truck production in Mississippi due to chip shortage

Nissan Motor has suspended some truck production in the U.S. state of Mississippi due to a shortage of chips, a Nissan USA spokeswoman said.
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