Automobile
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Renault to team up with PUNCH Torino on 4-cylinder diesel engines for light commercial vehicles
Jan 12, 2023Renault 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
Jan 12, 2023China’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
Jan 12, 2023Tata 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)... -
Mercedes-Benz delivered 2.05 million passenger cars in 2022
Jan 12, 2023Mercedes-Benz delivered 2.05 million passenger cars in 2022, the company said on Tuesday, down 1% on the previous year as the carmaker felt the impact of COVID-19 measures and bottlenecks. Still, fourth-quarter sales rose 17% as... -
Oxbotica raised $140 million from investors to speed deployment of autonomous vehicles
Jan 11, 2023Self-driving software startup Oxbotica has raised $140 million from investors to speed the deployment of autonomous vehicles (AVs) in areas including heavy industry, ports, and airports. The Series C round includes funding from new investors including... -
Tesla applied to expand its gigafactory in Texas with an investment totaling $775.7 million
Jan 11, 2023Tesla has applied to expand its gigafactory in Texas with an investment totaling $775.7 million, government filings showed, marking one of its largest expansion drives since setting up the $5.5 billion gigafactory in Germany last year.... -
Retail sales of vehicles in India could take a hit in the Q4 of the fiscal year
Jan 8, 2023Retail sales of vehicles in India could take a hit in the final quarter of the fiscal year, an automobile dealers’ body said on Thursday while reporting a more than 5% year-on-year fall in sales for... -
General Motors posted a 2.5% rise in U.S. new vehicle sales in 2022, outselling Toyota
Jan 8, 2023General Motors Co on Wednesday posted a 2.5% rise in U.S. new vehicle sales in 2022, outselling Japan’s Toyota Motor Corp, aided by an easing of inventory shortages and strong demand for its cars and trucks.... -
Volvo’s car sales grew in December but fell for the full year due to lockdowns in China
Jan 7, 2023Sweden-based Volvo Cars said on Thursday its car sales grew in December but fell for the full year due to lockdowns in China, component shortages and other supply chain trouble. Volvo Cars, which is majority-owned by... -
Mercedes-Benz to invest billions of euros to build 10,000 fast-charging points in North America, Europe and China
Jan 7, 2023Mercedes-Benz is poised to invest billions of euros to build 10,000 fast-charging points in North America, Europe and China by 2030, the luxury carmaker said on Thursday. The carmaker will commence construction in North America this...
