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Automobile
Toyota To Halt Operations At All Japan Assembly Plants Due To System Failure
Toyota Motor Corp will suspend operations at all of its assembly plants in Japan from Tuesday afternoon due to a malfunction with its production system, it said, likely bringing domestic output to a standstill for the world's top automaker.…
Toyota Revamps Iconic Land Cruiser With Hybrid Version
Toyota on Wednesday unveiled the first hybrid version of its Land Cruiser that it will bring to North America and other key markets as it seeks to put a high-margin and iconic sports utility vehicle back on the map.
The world's biggest…
Diesel Vehicles’ Sales Shrink In Europe
Increasingly strict emissions regulations and the infamous scandal at the Volkswagen Group have affected demand for diesel engines in Europe, shrinking diesel-powered vehicle sales.
Owing to the declining demand, many automakers have…
Should You Think Twice Before Buying A Used Electric Car?
If you want a used electric car, there has never been a better time to buy one. The vast increase in sales seen in recent years means there is now a huge selection of second-hand EVs to choose from.
At the time of writing, there are around…
Tesla May Keep Cutting Prices In ‘Turbulent Times’, Musk Says
Tesla CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in "turbulent times", even as his all-out price war on automaker rivals squeezes the company's own margins.
The company has slashed prices…
Tesla Starts Cybertruck Production Two Years Behind Schedule
Almost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck.
Tesla shared the development on Twitter, posting a photo of workers in safety vests and helmets obscuring much of…
The New Mercedes-AMG S63 Hybrid Is The Quiet Luxury Of Driving
The Mercedes-AMG S63 E Performance has more tech visible just behind the steering wheel than the latest cars from Porsche, Aston Martin, and Ferrari combined. It’s what makes this high-performance S Class alluring to its target audience:…
Sterling Bank Launches Qore To Quicken Nigeria’s EV Race
Sterling Bank, has changed the course of Nigeria's energy and transportation sectors with the launch of Qore; its suite of renewable energy-powered transportation solutions.
Qore will offer the purchase and financing of electric vehicles…
Tesla Just Turned Huge Financial Burden Into A $12.9 Billion Revenue Opportunity
The past couple of years have been a bumpy ride for Tesla. After rocketing to an all-time high in late 2021, the stock plunged more than 70% in the face of high inflation, rising interest rates, and the worst stock market downturn in more…
Strong Relations Between BMW And China A ‘Win-Win’ -CEO
BMW's strong ties with China are a "win-win" as the car industry shifts towards greener, more connected vehicles, said CEO Oliver Zipse after Chinese Premier Li Qiang visited the German carmaker's headquarters in Munich on Wednesday.…