Tesla hit with proposed class action over phantom braking issue

Tesla hit with proposed class action over phantom braking issue

The lawsuit seeks class action status for all U.S. owners or those leasing a Tesla that suffers from the sudden unintended braking defect The lawsuit seeks class action status for all U.S. owners or those leasing a Tesla that suffers from the sudden unintended braking defect A California owner of a Tesla Model 3 sued […]

Continue Reading
Japan’s Suzuki drives deeper into India with global research and development [R&D] unit

Japan’s Suzuki drives deeper into India with global research and development [R&D] unit

Suzuki, which already builds combustion engine cars in India, will start producing EVs at its factory in 2025 Suzuki, which already builds combustion engine cars in India, will start producing EVs at its factory in 2025 Suzuki Motor Corp. will set up a global research and development company in India, its president said on Sunday, […]

Continue Reading
Chip makers have a message for car makers: Your turn to pay

Chip makers have a message for car makers: Your turn to pay

Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two […]

Continue Reading
Quiz | Easy like Sunday morning: on auto racing

Quiz | Easy like Sunday morning: on auto racing

Berty Ashley June 23, 2022 17:03 IST Updated: June 23, 2022 17:27 IST Berty Ashley June 23, 2022 17:03 IST Updated: June 23, 2022 17:27 IST Auto racing, bull fighting, and mountain climbing are the only real sports… all the others are games: Ernest Hemingway Auto racing, bull fighting, and mountain climbing are the only […]

Continue Reading
M&M Q4 net jumps fivefold, UV volumes hit record

M&M Q4 net jumps fivefold, UV volumes hit record

Mahindra & Mahindra Ltd. (M&M) on May 28 reported fourth-quarter standalone net profit jumped fivefold to ₹1,292 crore, from ₹245 crore in the year-earlier period, helped by record sales volume of utility vehicles (UVs). Standalone revenue grew 28% to ₹17,124 crore. For FY22, standalone net profit surged fivefold to ₹4,935 crore, while revenue rose 29% […]

Continue Reading