Hyundai Motor signs supply deal with Indonesian aluminum producer

November 14, 2022

Seoul, Nov. 13 (BNA): Hyundai Motor Co. said Sunday it has forged a partnership with an Indonesian aluminum supplier as part of efforts to meet the......

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Ferrari sales, earnings guidance shift higher

November 3, 2022

Milan – Italian luxury sports car manufacturer Ferrari said Wednesday it had raised its 2022 earnings guidance after posting double-digit gains......

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Porsche to race onto German stock exchange with mega IPO

September 26, 2022

Frankfurt – Luxury sports carmaker Porsche will this week race onto the Frankfurt stock exchange in what is set to be one of Europe’s......

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Tesla aims to double vehicle sales in Germany in 2022

September 19, 2022

FRANKFURT - Tesla is planning to double vehicle sales in Germany in 2022, German weekly Automobilwoche reported, citing a local executive. 'Our......

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Ferrari woos super rich with $400,000, petrol-fuelled SUV

September 14, 2022

Ferrari unveiled on Tuesday its first SUV, the 390,000 euro ($397,000), 12-cylinder Purosangue, aimed at super-rich drivers still not ready to go......

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Grandstands sold out for Abu Dhabi Grand Prix 2022-

September 14, 2022

Yas Marina Circuit has officially sold out all Grandstand and Abu Dhabi Hill tickets for this year’s Formula 1 Etihad Airways Abu Dhabi Grand......

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Jeep’s first electric SUV to arrive in Europe in 2023: CEO

September 9, 2022

Paris – Jeep will launch its first all-electric SUV for Europe, the “Avenger”, next year, CEO Christian Meunier told AFP on Thursday,......

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Hyundai, Kia's green car exports top 200,000 for 1st time in H1

August 8, 2022

Seoul, Aug. 7 (BNA): Hyundai Motor Co. and Kia Corp. combined exports of eco-friendly vehicles exceeded 200,000 for the first time in the first half......

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Uber posts second-quarter net loss of $2.6bn

August 3, 2022

Ride-hailing company Uber reported a net loss in the second quarter, driven by losses related to the revaluation of the company’s stakes in......

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Mercedes ups sales forecast as model re-focus pays off

July 28, 2022

FRANKFURT: German automaker Mercedes-Benz said Wednesday it was upgrading its forecast for full-year sales as its decision to focus on top-of-the-range......

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