Automobile
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Tesla Inc increased the price for its Model Y high-performance version SUV in China
Oct 27, 2023Tesla Inc has increased the price for its Model Y high-performance version SUV in China by 14,000 yuan ($1,913.88) from Friday, it said on a social media notice, reports Reuters....Read More -
General Motor’s Cruise to pause driverless operations across its fleets
Oct 27, 2023General Motor’s Cruise has decided to pause driverless operations across its fleets, the company said on Thursday. “This isn’t related to any new on-road incidents, and supervised AV operations will continue,” Cruise said in a post... -
Volkswagen to cut costs and sticking with its electric vehicle prices despite reductions
Oct 27, 2023Volkswagen is working to cut costs and sticking with its electric vehicle prices despite reductions at some rivals, as the German automaker aims to rebuild margins after quarterly profits were hit by bad bets on raw... -
Ford autoworkers set to head back to work after UAW reached a tentative labor deal
Oct 26, 2023Ford autoworkers were set to head back to work after the United Auto Workers (UAW) union reached a tentative labor deal with the company late Wednesday. Ford was the first of Detroit’s Big Three car manufacturers... -
Honda and General Motors to scrap a tie-up that was aimed at producing “affordable” electric vehicles
Oct 26, 2023Japanese automaker Honda and US giant General Motors said Thursday they were scrapping a tie-up that was aimed at producing “affordable” electric vehicles from 2027. “After extensive studies and analysis, we have come to a mutual... -
Mercedes-Benz profits fell in Q3 due to a drop in vehicle deliveries amid shortages of some parts
Oct 26, 2023German carmaker Mercedes-Benz said Thursday that its profits fell in the third quarter due to a drop in vehicle deliveries amid shortages of some parts. Net profits came in seven percent lower, at 3.7 billion euros... -
Honda and GM announced plans to launch a driverless taxi service in Tokyo in 2026
Oct 22, 2023Japan’s Honda and US auto titan General Motors announced on Thursday that they planned to launch a driverless taxi service in Tokyo in 2026, helping tackle labour shortages in an ageing society. Co-developed by San Francisco-based... -
Vietnam’s VinFast is struggling to find buyers for its cars at home
Oct 19, 2023Vietnam’s VinFast has grand ambitions of selling its electric vehicles in the United States and Europe to compete with the likes of Elon Musk’s Tesla, but it is struggling to find buyers for its cars at... -
Tesla’s results for the Q3 missed analyst estimates on Wednesday
Oct 19, 2023Tesla’s results for the third quarter missed analyst estimates on Wednesday, as the Elon Musk-run company was hit by higher costs and the fallout from price discounts. The Texas-based electric vehicle giant said sales in the... -
Amazon.com has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe
Oct 18, 2023Amazon.com has 10,000 Rivian electric delivery vehicles making routes across the U.S. and Europe, the company said during a business presentation on Tuesday. Amazon has partnered with EV maker Rivian to have at least 100,000 electric...