teslas market cap is catching up with fords

Tesla set to catch up with Ford in terms of market capitalization

Automotive Mohit Shah - Feb 25, 2017

Tesla’s market cap is worth $44.6 billion, while Ford’s is at $49.9 billion and Tesla is all set to overtake 114 years old company; the company aims further growth in the upcoming years.

vw caps executive pay squeezes bonus eligibility

VW caps executive pay, squeezes bonus eligibility

Automotive Mohit Shah - Feb 25, 2017

According to an announcement made on Friday, German automaker Volkswagen said it would limit the executive pay following the diesel scandal.

volkswagen becomes worlds largest automobile manufacturer in 2016

Volkswagen becomes world’s largest automobile manufacturer in 2016

Automotive Mohit Shah - Feb 22, 2017

Despite the diesel emission scandal and dwindling demand in the US, Volkswagen sold 10.31 million cars in 2016. 

minister encounters peugeot and french government regarding vauxhall deal

Minister encounters Peugeot and French government regarding Vauxhall deal

Automotive Mohit Shah - Feb 17, 2017

Business secretary Greg Clark met Peugeot executives as well as the French government as part of the efforts to safeguard thousands of British jobs after the Vauxhall deal.

lamborghini recalled 4 million dollars supercars

Lamborghini recalled $4 million supercars

Automotive Pavan Pandey - Feb 16, 2017

Automobili Lamborghini SpA, the legendary Italian automobile manufacturer, is recalling thousands of supercars including Veneno (ultra-rare model), because of a fire risk.

vauxhall peugeot deal germany and uk raise concerns

Vauxhall-Peugeot Deal: Germany and UK raise concerns

Automotive Mohit Shah - Feb 16, 2017

The governmental authorities of UK and Germany are seeking to defend jobs in the potential collaboration of the Peugeot and Vauxhall carmakers.

toyota motor corp will recall all of its 2800 hydrogen fueled car mirai

Toyota Motor Corp. will recall all of its 2800 Hydrogen-fueled Car Mirai

Automotive Pavan Pandey - Feb 15, 2017

Japanese automotive manufacturer, Toyota Motor Corporation has made an announcement to recall its globally sold hydrogen-fueled car Mirai, due to output voltage issues.

south korean court finds nissan guilty of using defeat devices

South Korean Court finds Nissan Guilty of Using Defeat Devices

Automotive Pavan Pandey - Feb 10, 2017

According to a South Korean court, Nissan Motor Co. Ltd has been found guilty of using a 'defeat device' on its 1.6-litre diesel engine Qashqai SUV sold in South Korea.

tesla stocks rose after company announces pausing factory for model 3 development

Tesla stocks rose after company announces pausing factory for Model 3 development

Automotive Mohit Shah - Feb 10, 2017

The action is a clear sign that the firm is on track with the expansion on the much-anticipated car, which is slated to go into bulk production later this year.

mclaren supercar chassis factory to be built in sheffield

McLaren supercar chassis factory to be built in Sheffield

Automotive Mohit Shah - Feb 09, 2017

A new McLaren chassis factory would be built at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC) located near Rotherham.

uber hires former nasa engineer mark moore to lead flying car project

Uber Hires Former NASA Engineer Mark Moore to Lead Flying Car Project

Automotive Pavan Pandey - Feb 09, 2017

Just four months after officially entering in the flying car revolution, Uber Technologies Inc. has added a big name to organize company’s innovative plans.

volkswagen group launches ev infrastructure unit in the us

Volkswagen Group Launches EV Infrastructure Unit in the United States

Automotive Pavan Pandey - Feb 08, 2017

On Tuesday, Volkswagen Group announced a fresh United States subsidiary that will manage $2 billion in investment in ZEV (zero emission vehicle) infrastructure and awareness programs.

honda plans to set up a joint venture with hitachi to develop ev

Honda Plans to Set Up a Joint Venture with Hitachi to Develop EV

Automotive Pavan Pandey - Feb 07, 2017

Honda Motor Co Ltd. and Hitachi Ltd.’s auto parts subsidiary plan to build a joint venture to develop, produce and sell motors for EV (electric vehicles).

volkswagen faces fresh emissions legal action from a prime german customer

Volkswagen faces fresh emissions legal action from a prime German customer

Automotive Mohit Shah - Feb 06, 2017

Volkswagen stuck with a big corporate client in Germany facing a new legal action over the diesel emissions scandal.

toyota set to confirm a decision on partnership with suzuki

Toyota Set to Confirm a Decision on Partnership with Suzuki

Automotive Pavan Pandey - Feb 06, 2017

Japan’s Toyota Motor Corp. and Suzuki Motor Corp. are near an agreement on a comprehensive partnership covering areas like development and procurement.

tesla and bmw fall to fulfill expectations in electric vehicle crash tests

Tesla & BMW fall to fulfill expectations in electric vehicle crash tests

Automotive Mohit Shah - Feb 02, 2017

A fresh round of crash tests pointed out areas where BMW i3 and Tesla’s Model S failed to score satisfactory points as rated by the Insurance Institute for Highway Safety (IIHS).

vw and bosch to pay 16 billion dollars to resolve us diesel claims

VW and Bosch to Pay $1.6 Billion to Resolve US Diesel Claims

Automotive Pavan Pandey - Feb 01, 2017

German Automaker, Volkswagen AG has agreed to pay around $1.26 billion to settle or buy back approx. 80,000 polluting 3.0-liter diesel-engined vehicles.

gm and honda to invest 85m dollars for a joint venture to produce hydrogen fuel cell technology

GM And Honda to Invest $85m for a Joint Venture to Produce Hydrogen Fuel Cell Technology

Automotive Pavan Pandey - Jan 31, 2017

GM and Honda will mutually manufacture key components to power fuel cell vehicles in the United States, growing their cooperation in green car technology.

toyota losses its spot of being the worlds biggest auto seller to volkswagen

Toyota losses its spot of being the world’s biggest auto seller to Volkswagen

Automotive Himanshu Gill - Jan 30, 2017

Japan-based Toyota Motors has lost its four-year long run as the world’s largest selling automaker to German rival Volkswagen, for the year 2016.

mitsubishi fined 42m dollars over mileage cheating by japanese consumer regulator

Mitsubishi Fined $4.2m over Mileage Cheating by Japanese Consumer Regulator

Automotive Pavan Pandey - Jan 30, 2017

Japan’s consumer regulator ordered Mitsubishi Motors to pay a $4.2 million (480 million yen) fine for false advertising of its automobiles sold in the home market.

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