auto

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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Ford’s US car sales rise despite semiconductor crunch

July 6, 2022

New York – Ford reported higher US auto sales Tuesday, bucking an industry-wide trend of declines in the latest quarter amid crimped supply......

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Allison Transmission and Xos enter strategic e-Axle tie up

June 9, 2022

Xos has entered a strategic tie up with Allison Transmission to jointly develop heavy-duty Class 7 and 8 commercial electric vehicles. The Allison......

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Kia partners with The Ocean Cleanup for sustainability

May 9, 2022

Kia Corporation and The Ocean Cleanup have formally commenced a seven-year cooperation to explore innovative ways to co-create solutions that will......

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Bentley Q1 profit soars despite cars lost at sea and stuck in China

May 6, 2022

Luxury British carmaker Bentley on Thursday said its first-quarter operating profit jumped 162 percent versus the same period last year, as soaring......

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Volkswagen to invest over $10bln to make electric vehicles in Spain

May 6, 2022

SAGUNTO - German carmaker Volkswagen AG will invest 10 billion euros ($10.6 billion) to make electric vehicles and batteries in Spain, Chief Executive......

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World’s first airport for flying cars opens in UK

May 6, 2022

UK developer Urban-Air Port has opened the world’s first airport for electric vertical take-off and landing vehicles (eVTOLs), according to......

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Tesla reports record profits

April 22, 2022

NEW YORK: Tesla reported another banner quarter of profit growth Wednesday on pricier vehicles and said its 2022 output plan was on track despite......

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