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Tesla to investigate explosive video of Tesla Model S car parked in Shanghai
US electric vehicle maker Tesla Inc on Monday said it had sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding.The video was…
Tesla to increase the price of its full Self-driving option
Electric Vehicle (EV) maker Tesla is set to increase the price of its Full Self-Driving option from May 1."Please note that the price of the Tesla Full Self-Driving option will…
Volkswagen expects global sales to be in line for its core brands in 2019
Volkswagen expects global sales of its core brand this year to be in line with the 6.24 million level that it achieved in 2018 even though China sales dipped in the first-quarter, the…
Volkswagen launches the upgraded version of Ameo in India
German auto major Volkswagen on Friday said it has launched a new version of its compact sedan Ameo in India, priced at Rs 6.69 lakh (ex-showroom).The Ameo Corporate edition has been…
Volkswagen AG to acquire a big stake in Chinese EV partner JAC Motors
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct…
Toyota Kirloskar Motor launches upgrade versions of Innova Crysta and SUV Fortuner
Toyota Kirloskar Motor (TKM) on April 8 launched improved versions of its popular multi-purpose vehicle Innova Crysta and SUV Fortuner priced in the range of Rs 14.93-33.60 lakh…
Volvo Car India reports 25 percent growth in retail sales business in 2018-19
Volvo Cars India, a business arm of Swedish luxury automaker Volvo has reported a 25 percent growth in the retail sales business.In the statement, Volvo cars India has said that "The…
Donald Trump’s effect: General Motors to invest $1.8 billion in the United States
Facing a barrage of attacks from President Donald Trump over plant closures, General Motors announced on March 22 a USD 1.8 billion investment and the creation of 700 new jobs in the United…
Yamaha Motors looks for 10 percent market share in the Indian two-wheeler segment
With an eye on garnering 10 percent of the two-wheeler market in India in the next five years, Japan's Yamaha has started studying plans to add additional capacities here, according to a…
Renault India plans to double its sales in 2 to 3 years
French car maker Renault has lined up aggressive plans to double sales volumes in three years by introducing new products and upgrading some existing models, according to a top official.…