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GM, Honda Plan to co-develop affordable electric vehicles
Auto

GM, Honda Plan to co-develop affordable electric vehicles

In 2018 Honda and GM announced that they'd team up to develop batteries for electric vehicles, mostly for the North American market.

Russia-Ukraine conflict: From Apple to Amex, the exodus of Western brands from Moscow
World

Russia-Ukraine conflict: From Apple to Amex, the exodus of Western brands from Moscow

Russia's currency, the ruble, has crashed to a record low against the US dollar, pushing authorities to scramble to avoid a financial meltdown

Tesla excluded from White House event for major electric vehicle announcement as General Motors, Ford and Stellantis attend
News & Analysis

Tesla excluded from White House event for major electric vehicle announcement as General Motors, Ford and Stellantis attend

US President Joe Biden unveiled a big push for zero-emissions vehicles at the White House event to which Tesla wasn't invited, with company boss Elon Musk terming it "odd".

US aims for zero-emission vehicles to account for half of all passenger car sales in the country by 2030
News & Analysis

US aims for zero-emission vehicles to account for half of all passenger car sales in the country by 2030

US President Joe Biden has announced a target for half of all cars sold in the country to be zero-emission vehicles by 2030.

Honda to manufacture its own EVs for North America after GM-made models go on sale
News & Analysis

Honda to manufacture its own EVs for North America after GM-made models go on sale

Honda plans to use its own manufacturing for a series of electric vehicles that’ll follow the GM-built EVs.

EVs are the future: A list of all carmakers who have decided to phase out ICE vehicles and go electric
News & Analysis

EVs are the future: A list of all carmakers who have decided to phase out ICE vehicles and go electric

Several major automakers have already set targets to discontinue petrol and diesel vehicles and replace them with EVs.

Bruising 2020 for Big Oil: Fossil fuel industry left to confront its diminished future, cope
World

Bruising 2020 for Big Oil: Fossil fuel industry left to confront its diminished future, cope

Oil majors are considering expanding to offshore wind farms and hydrogen fuel, to prepare for a world that uses less oil and gas.

General Motors and Microsoft team up to commercialise self-driving vehicles
News & Analysis

General Motors and Microsoft team up to commercialise self-driving vehicles

Microsoft’s Azure cloud and edge computing platform would be used to “commercialise its unique autonomous vehicle solutions at scale.”

Maharashtra stalls investment proposals by Chinese firms worth Rs 5,000 crore after Ladakh stand-off
Business

Maharashtra stalls investment proposals by Chinese firms worth Rs 5,000 crore after Ladakh stand-off

Maharashtra has stalled a proposal by China’s Great Wall Motor to invest nearly $500 million, days after a deadly border clash between the two nations, potentially delaying the company’s plan to tap one of the world’s biggest car markets

Coronavirus Outbreak: US auto factories likely to stay closed another 2 weeks; Fiat Chrysler backs off planned 4 May restart
Business

Coronavirus Outbreak: US auto factories likely to stay closed another 2 weeks; Fiat Chrysler backs off planned 4 May restart

Ford, General Motors and Fiat Chrysler factories have been idled for over a month due to fears of spreading the coronavirus.

Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak
Business

Google, Uber, IBM among several US firms willing to share resources to help India fight coronavirus outbreak

Resources to fight COVID-19 range from providing free digital education platform, donating face masks, boosting up ventilator production to converting shipping containers into ICU.

Coronavirus Outbreak: Automakers push to reopen plants from Wuhan to Michigan; social distancing, masks to be used for employee safety
Business

Coronavirus Outbreak: Automakers push to reopen plants from Wuhan to Michigan; social distancing, masks to be used for employee safety

Auto manufacturers and suppliers are converging on a consensus that temperature screening, daily health questionnaires, assembly lines redesigned to keep workers 3 to 6 feet (0.9 m to 1.8 m) apart, and lots and lots of masks and gloves can enable large-scale factories to operate safely

After India debut, Great Wall Motors signs agreement for purchase of General Motor's Thailand manufacturing facility
auto

After India debut, Great Wall Motors signs agreement for purchase of General Motor's Thailand manufacturing facility

Under a signed agreement, GM Thailand and GM Powertrain Thailand legal entities will transfer to GWM.

US automakers report stable pick-up truck sales from discounts during holiday season
auto

US automakers report stable pick-up truck sales from discounts during holiday season

December is among the hottest months for auto sales in the United States.

The electric vehicle market is exploding but India is far from equipped for it
auto

The electric vehicle market is exploding but India is far from equipped for it

The global market for EVs is expected to grow from two percent currently to over 30 percent in 2030.

Ford nears deal with Mahindra & Mahindra to form new JV; US automaker may cease independent operations in India
Business

Ford nears deal with Mahindra & Mahindra to form new JV; US automaker may cease independent operations in India

Under the terms of the deal being negotiated, Ford will form a new unit in India in which it will hold a 49 percent stake, while Mahindra will own 51 percent,

Lyft valued at $24.3 bn in first ride-hailing IPO, raises $2.34 bn in maiden offer; stock set to begin trading on Nasdaq from Friday
Business

Lyft valued at $24.3 bn in first ride-hailing IPO, raises $2.34 bn in maiden offer; stock set to begin trading on Nasdaq from Friday

Lyft’s revenue was $2.16 billion for 2018, double the previous year’s and far higher than $343 million in 2016.

General Motors to invest $300 million in Detroit assembly plant, to build new EV
auto

General Motors to invest $300 million in Detroit assembly plant, to build new EV

GM's new Chevrolet EV would be built on the same platform as the existing Chevrolet Bolt EV.

BMW and Daimler to pool resources to develop self-driving car technology
auto

BMW and Daimler to pool resources to develop self-driving car technology

High development costs said to push BMW & Mercedes-Benz maker to cooperate on automated driving tech

Amazon says it will invest $700 million in the US electric pickup startup Rivian
News & Analysis

Amazon says it will invest $700 million in the US electric pickup startup Rivian

GM, Amazon's talks with Rivian about an investment are continuing and any deal would be announced later.