GM and Hyundai in talks over electric van partnership – report
General Motors (GM) and Hyundai are nearing an agreement on a partnership that would allow Hyundai to supply two electric…
All articles by Archana Rani
Archana Rani
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Tesla recalls over 46,096 Cybertrucks for exterior trim issue
Tesla has initiated the recall of 46,096 Cybertruck models in the US to address an issue with an exterior panel…
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Automobili Lamborghini hits record revenue of €3.09bn in 2024
Automobili Lamborghini, which is owned by Volkswagen Group’s subsidiary Audi, has reported €3.09bn in revenue in 2024 (Jan-Dec). The luxury…
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ZF Group plunges to €1bn loss in 2024
Germany-based automotive components manufacturer ZF Friedrichshafen has reported a consolidated sales figure of €41.4bn for the fiscal year 2024, an…
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Volkswagen sells 2.2% stake in Traton truck unit
Volkswagen Group has divested a 2.2% stake in its truck unit Traton Group for €360m. The sale effectively reduces Volkswagen’s…
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Nexteer reports revenue and profit growth in 2024
US-based Nexteer Automotive has reported 1.6% growth in revenue to $4.3bn for the full year ended 31 December 2024, compared…
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Bentley reports sixth straight year of profit despite global challenges
VW Group owned Bentley Motors has announced sixth consecutive year of profitability as it prepares to launch of its first…
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Hino Motors fined over $1.6bn for emissions fraud in US
Hino Motors, a subsidiary of Toyota, has been ordered to pay over $1.6bn in fines and forfeitures for its involvement…
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Tesla secures first permit for robotaxi service in California
Tesla has secured the first of several regulatory approvals required to launch a robotaxi service in California, US. The California…
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BYD enters Serbia market
BYD has expanded its European footprint by entering the Serbian market, introducing a range of pure-electric and DM-i plug-in hybrid…