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2 mins read

Passenger vehicle retail sales dip 7% in June as heatwave curtails showroom visits

"Despite improved product availability and substantial discounts aimed at stimulating demand, m…

PTI   


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3 mins read

TVS confident of outperforming industry in domestic, global markets following new product launches, ops strengthening

TVS Motor Company expects to grow faster than the competition across domestic and international mar…

PTI   


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A defense startup says it can fix America's ammo problem with China using a new low-cost cruise missile

Anduril said its new Barracuda cruise missile is cheap and can be changed quickly to fit more missi…

Matthew Loh   


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Growth across vehicle segments powers 10% rise in India's June auto retail sales, cautiously optimistic for the near term: FADA

Automobile retail sales in June registered 10% year-on-year growth, with positive performances seen…

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'Pushpak' aces test: ISRO achieves yet another success in Reusable Launch Vehicle (RLV) landing experiment

The Indian Space Research Organisation (ISRO) on Sunday achieved another success in the Reusable La…

ANI   


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Used-EV prices are crashing as buyers shift back towards hybrid vehicles

Prices for used EVs are tumbling far faster than their gas counterparts as buyers sour on range and…

Filip De Mott   


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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA

"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…

PTI   


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3 mins read

Vehicle registration plummets by 42% in June — tractors to lead the road to recovery

Registration of vehicles across India fell 42% in June year-on-year as the COVID-19 led slowdown co…

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2 mins read

A Southwest flight appeared to take off from a closed runway that had a vehicle on it without being cleared by air traffic control

Air traffic control recordings suggest the Southwest pilots didn't communicate with the tower or ot…

Pete Syme   


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1 min read

Lucid sinks 11% as the EV maker slashes production forecast to as low as 6,000 vehicles on supply chain disarray

"We've identified the primary bottlenecks, and we are taking appropriate measures," Lucid said in o…

Carla Mozée   


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6 mins read

TCS Q4 constant currency revenue growth hits a 11-quarter low

IT major Tata Consultancy Services (TCS) on Wednesday reported a 13.7% growth in its revenue in con…

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2 mins read

A secretive asset manager had $36 billion riding on just 5 tech stocks including Tesla and Nvidia at the end of June

Tesla, Nvidia, Microsoft, Apple, and Amazon made up almost 30% of Jennison Associates' stock portfo…

Theron Mohamed   


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Startup fundraising hits an 8-month low in February, falls over 83% YoY

Startup funding by private equity and venture capital firms hit an eight-month low of $596 million …

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Tesla registrations slumped in China in July, even as the the world's largest auto market mounts a coronavirus comeback

China is quickly becoming Tesla's most important market, but competitors are starting to make a for…

Graham Rapier   


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4 mins read

US Navy aircraft carriers may soon be fighting alongside unmanned ships and pilotless aircraft

With its unmanned ships and aircraft, the Navy is trying to "move very fast" and, like Google, "fai…

Benjamin Brimelow   


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2 mins read

Centre earned ₹100 crores by sharing vehicle registration data with companies such as BMW, Axis Bank, Bajaj Allianz, L&T and others

On Thursday (February 12), the union transport minister Nitin Gadkari informed the Parliament that …

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1 min read

COVID-19: Govt extends validity of vehicle permits till June-end

The decision was taken to facilitate the citizens facing difficulties in renewing the validity of …

PTI   


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5 mins read

Vehicle registrations fall 36% in July, retail sales remain a worry — festive season fuels the recovery hopes

Registration of vehicles across India fell 36% in July year-on-year as the COVID-19 led slowdown co…

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6 mins read

Tamil Nadu government is upset about losing money on luxury cars

The Tamil Nadu government recently released a white paper ⁠— and the state’s Finance Minister Palan…

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2 mins read

Ukraine is no longer low on artillery ammo because Russia abandoned so much in recent retreats, report says

Ukraine now has a good supply of artillery shells it had almost run out of, thanks to fleeing Russi…

Mia Jankowicz