Search Results for: automakers

Tesla app suffers outage; locks some owners out fo their cars [details]

The outage came shortly after the automaker rolled out an update to its application, which Electrek said includes a feature that Tesla had issues implementing.

Nov 21, 2021

Hertz orders 1 lakh Teslas worth $4.2 billion; EV fleet expansion shakes up market [details]

Beginning in early November, customers will be able to rent a Tesla Model 3 at Hertz airport and neighborhood locations in US major markets and select cities in Europe.

Oct 25, 2021

Semiconductor chip shortage continues to put brakes on Car sales in festive season

Due to a shortage of electronic components caused by the semiconductor shortage, India's market leader Maruti Suzuki stated earlier this month that vehicle manufacturing volume will be 60% of normal in October

Oct 20, 2021

Australia is increasingly becoming a strategic partner, it is time for economic relations to keep pace

Why Australia and India are natural partners; now more than ever [explained]

Given the present geopolitical scenario, India and Australia are fast emerging to be natural partners. Meanwhile, an important event that got only a limited attention in the media was the last visit of former Australian Prime Minister Tony Abbott to India. In this piece, we explore how.

Aug 17, 2021

Musk wants to bring Tesla to India but blames 100% import duty on EVs

Tesla CEO Elon Musk said that its electric vehicle (EV) company wants to launch cars in India, but the country's import duties on EVs are "highest in the world by far".

Jul 26, 2021

Jaguar will only have electric luxury cars by 2025; phase out diesel powertrain by 2026

Jaguar becomes the biggest legacy OEM to commit its future to fully-electric cars, following the footsteps of Rolls-Royce and Bentley.

Feb 15, 2021

Apple targets self-driving car production by 2024 with next level 'monocell' battery technology

Apple Inc is moving forward with self-driving car technology and is targeting 2024 to produce a passenger vehicle that could include its own breakthrough battery technology.

Dec 23, 2020

Will India's auto sector ride out storm post-festive season; automakers take cautious approach

The auto sector has been struggling for more than 4 years now due to demonetisation, GST, and a bad economy. Are things finally starting to turn around? Let's find out.

Nov 4, 2020

Tesla doesn't want to deal with press at all; Musk sets dangerous precedent

Tesla has set a dangerous precedent by dissolving its global PR team, leaving journalists with no way of contacting the world's most valuable automobile brand except for tweeting to Elon Musk or sending a DM to Tesla Twitter.

Oct 13, 2020

Toyota's latest decision shows what's wrong with India's auto sector

Toyota India's Vice Chairman, Shekar Viswanathan, argued that the government keeps taxes on cars and motorbikes so high that companies find it hard to build scale.

Sep 15, 2020

Car Insurance expired in Lockdown? Know how you can renew car insurance online

Bajaj Allianz general insurance, during the pandemic, has managed to pay the claims as per regulations and has also brought down the customer grievance ratio by a whopping 90%

Aug 26, 2020

Maruti Suzuki India posts first quarterly loss since listing

Maruti Suzuki India Ltd reported a quarterly loss for the first time since its listing in 2003, as the coronavirus lockdown and supply chain disruptions sapped demand for the country's biggest automaker.

Jul 29, 2020

How Tesla defined a new era for the global auto industry

Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how.

Jul 22, 2020

India plans incentives for auto companies to boost exports

The Department of Heavy Industries (DHI) has sought feedback from auto industry groups on the initial proposal, which suggests giving incentives over five years to increase local production and procurement for export.

Jun 29, 2020

ArcelorMittal issues $2 billion of shares, convertible notes at deep discount

The shares were trading 4.6% lower on the day at 8.23 euros at 0800 GMT, making them the worst performers in the FTSEurofirst300 index of leading European shares.

May 12, 2020

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