Global vehicle output of Toyota falls again
As a result of COVID outbreaks, extreme weather, a recall investigation, and a lingering chip shortage, Toyota Motor Corp. reported on Tuesday that its...
Australia to increase electric car availability by reducing automobile emissions
The Australian government announced on Friday that, in an effort to catch up with other developed economies, it would enact new restrictions aimed at...
Twitter lawsuit looms, Musk sells Tesla shares worth $6.9bn
Elon Musk, CEO of Tesla, has sold an additional 7.92 million Tesla shares for approximately $6.88 billion (£5.7 billion).According to regulatory documents, the sales...
Toyota plans to produce 9.7 mln vehicles globally this year
In spite of announcing yet another production halt due to the COVID-19 outbreak, Toyota Motor Corp said on Wednesday that it would stick to...
Tata to buy Ford manufacturing plant in India for $91 million
On Sunday, Tata Motors Ltd. agreed to pay 7.26 billion rupees ($91.5 million) for Ford Motor Company's manufacturing facility in the western state of...
In Russia, Kia recalls 105,000 Rio cars
A probable airbag malfunction prompted Kia Corp.'s Russian unit to initiate a voluntary recall of more than 100,000 vehicles on Monday, according to a...
Toyota profit dips 42% due to rising cost, disrupted supply
Toyota Motor Corp.'s first-quarter profit decreased worse than anticipated by 42 percent as the Japanese manufacturer struggled with supply shortages and increased costs.Toyota announced...
VinFast opens 8,000 additional jobs to boost production
As it speeds up production to deliver its first battery-powered SUVs to the United States by the end of this year, Vietnam's VinFast is...
Shenzhen promotes driverless cars in China
Three delivery bikes dart over the pedestrian crossing in front of the car on a busy downtown street. They appear to be little 3D...