The Australian consumer watchdog on Thursday said it sued the Australian arm of Volkswagen for intentionally selling more than 57,000 vehicles with software designed to skirt emissions rules.
Lazard, the investment bank that advised SolarCity on its $2.6 billion sale to Tesla Motors, made an error in its analysis that discounted the value of the U.S. solar energy company by $400 million, a regulatory filing by Tesla showed on Wednesday.
Lazard, the investment bank that advised SolarCity on its $2.6 billion sale to Tesla Motors, made an error in its analysis that discounted the value of the U.S. solar energy company by $400 million, a regulatory filing by Tesla showed on Wednesday.
A software update of the complex computer-controlled gullwing doors on Tesla's Model X may have created a bigger problem than the one it solved.
News
1 Sep, 2016
We see how Audi is rolling out virtual reality software to rejuvenate the dealership experience and train its staff
A federal district judge in California approved a settlement of a class-action lawsuit against Mercedes-Benz over faulty roof air conditioners in Sprinter vans.
An initial check showed that Takata airbag parts and material involved in a deadly explosion in a truck in Texas last week were being shipped properly, a U.S. regulator said.
Automakers would be required to notify owners of vehicle recalls electronically through emails, text messages or other digital tools under a rule change proposed by U.S. auto safety regulators to increase the rate of repairs.
Tesla plans to release an update of its partly automated self-driving system "in a few weeks," CEO Elon Musk tweeted on Wednesday.
Tesla postponed the release of details on updates to its Autopilot feature until the end of the weekend, CEO Elon Musk said Thursday in a tweet.
Do you recall the vision of the future that was presented in the movie 'Total Recall'?
News
1 Sep, 2016
DS reveals Performance Line trim, offering racier styling rather than mechanical upgrades
Two U.S. senators on Wednesday called on the National Transportation Safety Board to investigate the Aug. 22 crash and explosion of a truck carrying Takata Corp. airbag parts that killed a woman and injured four others.
Subaru invented the crossover when it released the first Forester back in the 1990s. That all-wheel drive wagon with raised suspension went on to become an enormous hit, especially in North America. The Levorg, the company's newest additional model, won't be a massive seller but what it does represent is a new niche for the brand, sized between where the Impreza and Legacy wagons used to sit.
US automakers' strategy to scale back discounts in August is a sign they're willing to maintain some price discipline, even if it raises the chances industry-wide annual sales will fall this month for the first time in seven years, a media report said.
News
31 Aug, 2016
Mercedes-AMG to create hypercar with Formula 1 derived engine that could produce upwards of 1,000bhp
Hyundai Motor employees in South Korea have rejected a tentative wage agreement reached between management and their union in a move business newswire Bloomberg said may affect the automaker's efforts to reverse 10 consecutive quarters of profit decline.
Tesla plans to raise additional cash this year to help fund development and production of its new Model 3 sedan and build out a giant battery factory, the company said today.
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