News Agencies Feed

auto

Sep 16

Is zero-emission truck maker Nikola the new Tesla, or just hot air?

Is zero-emission truck maker Nikola the new Tesla, or just hot air?

With its electric and hydrogen-fueled trucks, the firm Nikola aims to revolutionize the future of the transportation sector. But with one investor claiming the group is running on empty, it has been having a rollercoaster ride on the stock exchange for the past week.
Founded in 2015"...

Continue Reading >>

Sep 10

Pandemic e-commerce spurs race for electric delivery vans

Pandemic e-commerce spurs race for electric delivery vans

DAVENPORT: Delivery fleet operators face regulatory pressure in California and other states to buy electric vehicles, but a surge in package deliveries thanks to lockdowns has major firms itching to switch to electric.

Operators"...

Continue Reading >>

Sep 02

Tesla plans capital raise after share surge

Tesla plans capital raise after share surge

LONDON: Tesla Inc. unveiled its biggest program of new share sales in a decade as a public company on Tuesday, seeking to cash in on soaring Wall Street interest in the company to raise $5 billion that will ease future debt pressures.

The"...

Continue Reading >>

Aug 28

Mercedes-Benz Joins The Climate Pledge and Delivers More Than 1,800 Electric Vehicles to Amazon’s Delivery Fleet in Europe

Mercedes-Benz Joins The Climate Pledge and Delivers More Than 1,800 Electric Vehicles to Amazon’s Delivery Fleet in Europe

  • This order marks the largest electric vehicle commitment for Mercedes-Benz Vans to date
  • The electric vehicles from this order will begin making deliveries to customers in 2020, helping to save thousands of metric tons of carbon
  • The Climate Pledge, co-founded by Amazon and Global Optimism, is a commitment to reach net zero carbon...

    Continue Reading >>

Aug 27

Fiat Chrysler, led by Ram, leapfrogs Ford in customer satisfaction survey

Fiat Chrysler, led by Ram, leapfrogs Ford in customer satisfaction survey

COVID-19 and the global downturn have hit car sales hard, but the pandemic isn’t the only thing on the minds of new car buyers.
Consumers are less satisfied in general with their rides, but among the Detroit Three, Fiat Chrysler Automobiles can tout some good news in the latest"...

Continue Reading >>

Aug 10

Hyundai wins six 2020 Red Dot Design awards

Hyundai wins six 2020 Red Dot Design awards

Hyundai Motor Company has won six 2020 Red Dot Design Awards including the ‘Best of the Best’ and five other awards in the Brand & Communication Design area this year.

The"...

Continue Reading >>

Aug 03

Indian car makers’ sales dip; smartphone market revives

Indian car makers’ sales dip; smartphone market revives

India’s major car makers reported weak sales in July. However, two-wheelers and tractors off-take on a sequential basis in July showed narrowing of the de-growth rate.

Analysts said that the industry is still reeling under the impact of the COVID-19 outbreak.
...

Continue Reading >>

Aug 03

BMW to offer fully electric 5-series in emissions push

BMW to offer fully electric 5-series in emissions push

BMW will offer a fully electric 5-series as part of sweeping product overhaul unveiled on Monday as the German carmaker seeks to lower vehicle emissions during production and on the road.

'In ten years, the"...

Continue Reading >>

Aug 02

Over and out: Mitsubishi Pajero to cease production in 2021

Over and out: Mitsubishi Pajero to cease production in 2021

You’ve seen plenty of them barrelling along on the UAE’s roads, but the time has come to bid farewell to the Mitsubishi Pajero – the manufacturer has announced production is to come to a halt in 2021 and the mid-size SUV will be consigned to the scrapyard in the sky.

"...

Continue Reading >>

Jul 28

Mitsubishi Motors forecasts full-year loss due to falling car sales

Mitsubishi Motors forecasts full-year loss due to falling car sales

TOKYO: Japan’s Mitsubishi Motors Corp. on Monday forecast an operating loss of ¥140 billion ($1.33 billion) in the year to March as the automaker battles a fall in demand for cars due in part to the coronavirus pandemic.
Japan’s No. 6 automaker anticipates its biggest"...

Continue Reading >>