Mercedes-Benz pulls out of Russian market amidst ongoing Ukraine-Russia war: Report
After Nissan, Ford and GM announced to shut their operations in Russia amidst the ongoing conflict between Ukraine and Russia, now Mercedes-Benz has decided to move out of the Russian market.
Oct 26, 2022, 14:42 PM IST
Global chip shortage pushes carmakers to get inventive, find solutions to reduce waiting period
The chip shortage, due to supply problems and a surge in demand for consumer electronics during the pandemic, has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.
Nov 29, 2021, 10:55 AM IST
Tesla fires hundreds over performance issue
According to The Mercury News, Tesla said it regularly conducts annual performance reviews that often result in promotions or bonuses as well as dismissals.
Oct 16, 2017, 17:45 PM IST
US regulators open probe into recall of nearly 1.7 million Hyundai, Kia models
US safety regulators have opened a formal investigation into the recall of nearly 1.7 million vehicles by Hyundai Motor Co and affiliate Kia Motor Corp over engine defects, according to filings published Saturday.
May 20, 2017, 18:34 PM IST
Toyota Fortuner crosses 1 lakh sales milestone in domestic market
Nearly eight year after hitting the roads in India, Toyota Kirloskar Motor's premium SUV Fortrunner has crossed one lakh cumulative sales mark in the domestic market, informed the automaker on Monday.
Dec 19, 2016, 18:36 PM IST
Mahindra & Mahindra arm forms JV with state-run MSTC for scrapping old automobiles
One of the arms of Mahindra & Mahindra has formed a joint venture with state owned MSTC scrapping of old automobiles and other white goods.
Dec 17, 2016, 15:33 PM IST
Ford launches deluxe aluminum F-150 pickup
US automaker Ford rolled out a deluxe version of its F-150 aluminum-bodied pickup truck Tuesday, betting on high-end touches as it ramps up production of its most popular vehicle.
Jul 21, 2015, 21:36 PM IST
Toyota's new class of stock approved despite opposition from foreign funds
About 75 percent of shareholders voted in favour of allowing the new shares, which will be unlisted and must be held for five years.
Jun 16, 2015, 14:57 PM IST
Suzuki says profits fell for first time in six years, sees 2015 rebound
Japan`s Suzuki Motor Corp said its annual operating profit fell for the first time in six years, missing its own target, as weak demand at home and Southeast Asia offset hefty currency gains and robust earnings in India, its biggest market.
May 11, 2015, 15:47 PM IST
Tata Motors raises $750 mn in Fx bond sale; gets better pricing
The proceeds from the issue will be used to refinance external commercial borrowings, capital expenditure and for general corporate purposes, the company said.
Oct 26, 2014, 12:41 PM IST
FIAT reschedules launch of 'JEEP' to 2015
Fiat Group Automobiles India, subsidiary of Fiat Chrysler Automobiles, retails Punto Evo, Linea models.
Aug 06, 2014, 20:04 PM IST
Nissan April-June net profit jumps 37% to $1.1 bn
The automaker is the first of Japan`s "Big Three" automakers to post their latest earnings, with Toyota and Honda reporting over the coming weeks.
Jul 28, 2014, 13:39 PM IST
