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Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home
The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlie…
Tom Carter
No Driver? No Problem! Waymo’s driverless robotaxis make Los Angeles debut — but what could the tech mean for India?
Alphabet's Waymo has launched its robotaxis in Los Angeles, marking a significant step for autonomo…
Sale of residential units up by 17% YoY, significant growth in luxury housing sales: JLL report
The sale of residential units in India surged by 17 per cent year-on-year (Y-o-Y) during the first …
ANI
Why Tesla's sales are slipping in California, and what it means for Elon Musk's car company
Tesla is losing ground in its home state of California. That signals more trouble ahead for Elon Mu…
Nora Naughton
Meet the Americans stocking up on cars, skincare, and toilet paper ahead of Trump's potential trade restrictions
Americans are worried about prices going up even more with tariffs, so some are stockpiling or maki…
Juliana Kaplan,Ayelet Sheffey
Luxury carmakers Mercedes, Audi, BMW expect robust sales this festive season
The luxury car market in India currently remains very small accounting for less than 2% of the over…
PTI
Ford is slashing the working hours of some of its German factory employees amid what it calls a 'significantly lower than expected' demand for its EVs
The carmaker has more than 4,000 employees at its Cologne plant. It also has another plant in Saarl…
Aditi Bharade
PM E-DRIVE scheme with ₹10,900 crore outlay announced for electric vehicles
Prime Minister Narendra Modi-led central government has notified a new scheme aimed at boosting the…
Chinese drivers are demanding smart cars — and that's what they're getting
China's EV companies are packing their vehicles with high-tech features to woo drivers who want "in…
Tom Carter
India to lead world in fuel demand growth, consumption to grow by 1.3 million barrels by 2030: IEA
India, the world's third biggest oil importer and consumer, will in the second half of the decade b…
PTI
The 'godfather' of driverless cars says Tesla has a major advantage in the self-driving race
Anthony Levandowski, who cofounded Google's self-driving car program, highlights Tesla's data advan…
Hugh Langley
Your car reflects your personality, and data proves it. But America's auto obsession brings hidden downsides.
We looked at 1.7 million listings of different makes and models driven in the US, data show what th…
Dan DeFrancesco
Mercedes expands BEV range; rolls out second locally produced model in India
EQS SUV 580 4MATIC is the second model, after the EQS sedan, to be locally produced at company'…
PTI
Preparing to float IPO to tap growth opportunities: CARS24
"IPO is a milestone and a stepping stone in our journey. We are gearing up for it internally. I…
PTI
China's EVs are fueling a big oil demand slowdown
China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …
Kelly Cloonan
Car companies have plenty of inventory, but the port strike will affect European brands the most
Though European automakers would be most affected by a prolonged strike, the industry has more than…
Benjamin Zhang,Nora Naughton
India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills India
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnes…
ANI
India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL
The report added that the product realisations are expected to grow modestly with slight increases …
ANI
Extreme heat melts diesel demand, sales drop 4% in June
India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …
PTI
Maharashtra govt hikes VIP number fees; pay ₹6 lakh for '0001' in Mumbai and high-demand areas
As per the transport department's notification dated August 30, the cost for the coveted number …