January2023

BYD will launch its third passenger electric vehicle in India by the fourth quarter of this year, the Warren Buffett-backed Chinese electric carmaker said during an auto show on the outskirts of New Delhi on Wednesday....

BMW fourth-quarter group sales rose 10.6%, the carmaker said on Tuesday, helped by easing supply chain bottlenecks in a year that has been plagued by war in Ukraine and lockdowns in China. Full-year deliveries were down...

Renault will team up with propulsion systems and electronics developer PUNCH Torino on 4-cylinder diesel engines for light commercial vehicles, the French carmaker said on Tuesday. PUNCH Torino will be able to purchase, use and sell...

China’s passenger car sales rose 2.4% in December as consumers rushed to make use of a subsidy for electric vehicles (EV) before they expired last month, with sales likely to sharply weaken in January, an auto...

Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on Wednesday, as it looks to cement its lead as the top selling electric vehicle (EV)...

The world’s richest man, Bernard Arnault, has appointed his daughter to head up fashion house Dior. Mr Arnault promoted Delphine Arnault, 47, as part of a reshuffle at LVMH, Europe’s most valuable company. It owns a...

Sri Lanka’s central bank has urged China and India to agree a write-down of their loans as soon as possible. The crisis-hit Indian Ocean state defaulted on its debt repayments and negotiated a $2.9bn (£2.4bn) bailout....

Jeff Beck, one of the most influential rock guitarists of all time, has died at the age of 78. The British musician rose to fame as part of the Yardbirds, where he replaced Eric Clapton, before...

Model Tatjana Patitz has died, aged 56, her modelling agency has announced. No cause of death has been revealed. The German-born model was living in California at the time of her death. Patitz, who rose to...

Royal Mail has asked people to stop sending mail abroad due to a “cyber incident” causing severe disruption. It said it was temporarily unable to send letters and parcels overseas, and was “working hard” to resolve...