Automobile
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Vietnam’s VinFast to recall 2,781 of its SUV model VF8 sold in the domestic market
Feb 20, 2023Vietnam’s electric vehicle (EV) maker VinFast is recalling 2,781 of its sports utility model VF8 sold in the domestic market to check and replace the bolt connecting the front brake caliper to the knuckle, the company... -
Tesla to recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software
Feb 17, 2023Tesla Inc said it would recall 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws and... -
Volkswagen posted higher operating profits and sales in 2022
Feb 11, 2023German auto giant Volkswagen posted higher operating profits and sales in 2022, in line with its forecasts, but missed its cash flow target due to supply problems, according to preliminary figures published on Tuesday. Operating profit... -
Stellantis to recall 76,000 plug-in hybrid electric minivans
Jan 26, 2023Automaker Stellantis’ U.S. unit said on Tuesday it was recalling 76,000 plug-in hybrid electric minivans because of a short circuit issue that could cause engines to stall unexpectedly. The recall covers 67,000 2017 to 2023 Chrysler... -
Ford to decide by mid-February how many jobs to cut in Europe
Jan 26, 2023Ford will decide by mid-February how many jobs to cut in Europe, a German union said on Tuesday, as reports surfaced that BYD and car contract manufacturer Magna were interested in buying one of the U.S.... -
Tesla Inc’s aggressive price cuts ignited demand for its electric vehicles
Jan 26, 2023Tesla Inc’s aggressive price cuts have ignited demand for its electric vehicles, Chief Executive Elon Musk said on Wednesday, playing down concerns that a weak economy would throttle buyers’ interest. The company slightly beat Wall Street... -
The number of new cars made in the UK fell sharply last year plummeting to its lowest level since 1956
Jan 26, 2023The number of new cars made in the UK fell again sharply last year plummeting to its lowest level since 1956. The drop marks a 10% fall from the year before which itself was a historic... -
Volvo Cars to recall around 106,900 cars worldwide over a suspected fault related to the brakes
Jan 25, 2023Sweden-based Volvo Cars is recalling around 106,900 cars worldwide over a suspected fault related to the brakes, a Volvo Cars spokesperson said on Tuesday. The vehicles being recalled are of the 2023 year model of the... -
Tesla Inc to invest more than $3.6 billion to expand its Nevada Gigafactory complex
Jan 25, 2023Tesla Inc said on Tuesday it would invest more than $3.6 billion to expand its Nevada Gigafactory complex with two new factories, one to mass produce its long-delayed Semi electric truck and the other to make... -
Hyundai car manufacturing factory inaugurated in Bangladesh
Jan 21, 2023Hyundai car manufacturing factory was inaugurated today in a grand ceremony at Bangabandhu Hi-Tech Park at Kaliakair in the district. With the aim of ‘Step into the future’, Fair Technology has established the factory combining two...
