Latest Auto news

China's BYD Launches Electric Luxury Sports Car Yangwang U9 in a Bid to Compete with Tesla and Ferrari

BYD launched its flagship electric vehicle, the Yangwang U9, priced at 1.68 million yuan, boasting impressive specs to rival luxury sports cars like Ferrari and Lamborghini.

Feb 27, 2024

By Anshul Panda

Machine Learning Solutions of Automotive Tech Leader Redefines Utility Efficiency for Vehicle Components

Dr. Rohit Ugle said Before integrating data science, the industry is in the dark, relying on past experiences and intuition. But with machine learning and predictive analytics, we've turned on the headlights and started a new path

Nov 23, 2023

By Anne Schulze

US Auto Workers Launch First Simultaneous Strike at Detroit Three

The walkouts capped weeks of clashes between Fain and Detroit Three executives over union demands for a bigger share of profits generated by combustion trucks, and stronger job security as automakers shift to electric vehicles.

Sep 15, 2023

By Reuters

Tesla Cuts Prices up to 19%, Model X Now Qualifies for US Tax Credit

People can buy a Model S for a base price of $74,990, $3,500 less than its earlier lowest price, or a Model X for $79,990, $8,500 less.

Sep 2, 2023

By IANS

Elon musk

General motors Renaissance Center, Detroit

General Motors Cuts Close to 1,000 Jobs; Shuts Down IT Center in Arizona

The automaker had let as many as 5,000 salaried workers leave the company in April in a buyout program.

Aug 24, 2023

By Jacob J

Shares of Vietnamese Electric Car Maker VinFast Surges on the Day of Nasdaq Listing

Shares rose to $24 at one point, boosting the market valuation of the EV start-up to $55 billion.

Aug 15, 2023

By Jacob J

Tesla Cybertruck Spotted Doing Test Runs in California Sporting 'Competitor' Ford F-150's Wraps

On prototype cars, Tesla rarely used camouflage or wraps, but lately, the Cybertruck has been seen more frequently with wraps.

Jul 29, 2023

By IBTimes APAC Desk

Elon musk

India Turns Down Chinese Auto Giant BYD's Plan to Build a $1 Billion Factory in the Country

Earlier, Reuters reported that the Chinese auto giant was setting up the plant in partnership with Hyderabad-based Megha Engineering and Infrastructure Ltd.

Jul 22, 2023

By IBTimes APAC Desk

Tesla Reports 20% Jump in Profits in Second Quarter; Musk Says Will Keep Cutting Prices

Tesla reiterated its expectations of achieving deliveries of around 1.8 million vehicles this year.

Jul 20, 2023

By IBTimes APAC Desk

Elon musk

India's Tata Group to Set Up $5 Billion Gigafactory in Britain to Make EV Batteries for Jaguar Land Rover

The 40GWh gigafactory will be set up in Somerset, south-west England, will create at least 4,000 skilled jobs in the UK.

Jul 19, 2023

By Jacob J

Tesla Builds First Cybertruck After Two Years of Delays

The company has pushed back production timing since then and Musk had last year cited shortages in sourcing components as the reason for pushing the launch of Cybertruck into 2023.

Jul 17, 2023

By Reuters

Elon musk