Auto

Renault profit up but headlights on struggling Russian unit

Saturday, February 13, 2016

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Renault said Friday net profit for 2015 was up nearly 50 percent to 2.96 billion euros ($3.3 billion) despite a hit from its Russian subsidiary which Renault said it may recapitalise and take over to save it from collapse. The French carmaker said it was in talks with the holding company of its Russian unit, …

Google self-driving car effort expands hiring, posts manufacturing jobs

Friday, February 12, 2016

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Alphabet Inc’s (GOOGL.O) self-driving project is advertising dozens of jobs on its website with a special focus on manufacturing expertise. Thirty-six jobs related to the Google X car project were listed including engineers working on motion control, displays, robotics and sensors as well as managers charged with operations, materials and marketing. Google, which declined to …

GM’s Opel to build next generation electric car in 2017

Thursday, February 11, 2016

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General Motors Chief Executive Mary Barra on Thursday said the company’s European division Opel would build an affordable five-seater electric car, the Ampera-e, in 2017. The car shares the same underpinnings as GM’s other electric car, the Chevrolet Bolt. “Like its twin, the Chevrolet Bolt EV, the Ampera-e promises to transform the electric vehicle market …

Renault to start exporting Kwid to Brazil next month

Wednesday, February 10, 2016

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French auto major Renault will begin exporting its entry-level hatchback Kwid to Brazil from the next month and is looking to ramp up production to 10,000 units by March at its Oragadam plant to meet domestic demand. Kwid, which received overwhelming response in the domestic market with more than one lakh bookings in four months …

Now it is Tesla’s turn to confront the bears

Tuesday, February 09, 2016

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Tesla Motors Inc (TSLA.O) faces a pivotal moment Wednesday in its fight to convince skeptical investors that it can still win against traditional auto makers in the competition to reshape the auto business. The Silicon Valley electric luxury car maker reports results on Wednesday after the close of Wall Street markets. Analysts expect quarterly earnings …

Our exhaust is cleaner than Delhi air: Jaguar

Monday, February 08, 2016

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New Delhi: After ban on the sale of high-end diesel cars in the national capital, Tata-owned luxury carmaker Jaguar Land Rover came up saying that air sucked in by its latest technology vehicles on Delhi roads is “far dirtier” than what they emit. “The latest EU VI regulation schemes have got technical features, which (can) …

Record 32-million-euro auction sale for 1957 Ferrari

Sunday, February 07, 2016

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A legendary 1950s Ferrari has fetched a world record 32 million euros ($35 million) at auction, going under the hammer in Paris. Applause broke out after the hammer came down on the bidding for the 1957 335 S Spider Scaglietti at the Artcurial auction house just off the Champs-Elysees. In a sale that generated interest …

Bollywood’s hot wheels at Auto Expo 2016

Saturday, February 06, 2016

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New Delhi: The 13th edition of Auto Expo is on the buzz and this time it came with a Bollywood pinch. Yes, alike every time Bollywood celebrities did showcased their glamour in the show, but adding to it a special enclave which is created at Auto Expo this time has some of the most iconic …

Auto Expo attracts 80,000 visitors on Day 1

Friday, February 05, 2016

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Grater Noida: The 13th edition of Auto Expo, which opened its gates for common public on Friday, witnessed a great lure as about 80,000 auto enthusiasts made it to the biennial event. While the first two days were open to media and business visitors, the expo has been thrown open to the public till February …

Volkswagen hatches plans for Indian compact SUV

Friday, February 05, 2016

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Volkswagen has begun plans to launch a compact sport utility vehicle (SUV) in India, a company executive said on Thursday, joining global rivals looking to tap one of the sector’s fastest-growing markets. Once dominated by no-frills vehicles, the Indian car market is undergoing a shift as rising incomes lift demand for roomier, feature-rich compact SUVs …

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