German carmakers party under China cloud

Last Updated: Sunday, September 13, 2015, 15:58

For the home team of BMW, Daimler and Volkswagen, as well as European rivals such as PSA Peugeot Citroen, China`s downturn also threatens to weigh on already weak emerging markets and put a damper on recovering demand at home.

Toyota getting in gear with smart cars

Last Updated: Saturday, September 5, 2015, 11:34

Google and several major car makers have been pursuing autonomous vehicle technology.

Why are foreign carmakers still interested to invest in China?

Last Updated: Wednesday, September 2, 2015, 11:11

Foreign carmakers that raced into China to profit from what has become the world`s biggest automobile market by volume have no intention of backing out despite slowing sales as the Chinese economy shifts down.

Nokia sells HERE maps unit to German carmakers for 2.8 billion euros

Last Updated: Monday, August 3, 2015, 11:06

Intelligent mapping systems are the basis on which self-driving cars linked to wireless networks can perform intelligent functions such as recalculating a route if data about a traffic jam or an accident is transmitted to the car.

Audi Q3 with aldi headlights launched in Delhi

Last Updated: Saturday, June 20, 2015, 17:23

Audi Q3 is all about people like us, people like all CO`s and all young entrepreneurs," said Nidhi, the General Manager of Operations (Audi West), while speaking on the occasion."The slogan "Start Young live Big" is all about new Audi Q3 as Audi always talks about being supportive, being progressive and being smart. And this is what the smart body we have with us," she added.

Mercedes confident of retaining top slot in luxury car market

Last Updated: Sunday, June 14, 2015, 15:13

The brand is also hopeful that the luxury car space will outgrow the overall industry growth by a huge margin with over 20 percent growth this fiscal.

New $3,000 battery to power households

Last Updated: Monday, May 4, 2015, 17:56

Tesla will sell the 7kWh unit for USD 3,000, while the 10kWh unit will retail for USD 3,500 to installers.

Toyota beats VW, GM for top place in global vehicle sales

Last Updated: Thursday, April 23, 2015, 18:45

Volkswagen edged out US automaker General Motors Co., which reported global sales of 2.4 million vehicles earlier this week.

Nokia maps attract at least four possible bidders: Report

Last Updated: Wednesday, April 22, 2015, 13:10

Nokia`s maps business has drawn interest from at least four potential acquirors, including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported on Wednesday.

China's biggest auto show opens amid growth slowdown

Last Updated: Monday, April 20, 2015, 13:31

Global car makers showed off hundreds of vehicles in China's commercial hub Shanghai on Monday, as the world's biggest auto market continues to attract despite a sharp deceleration in sales growth.

China`s premier auto show opens amid growth slowdown

Last Updated: Monday, April 20, 2015, 02:05

Global car makers show off hundreds of vehicles in China`s commercial hub Shanghai on Monday, as the world`s biggest auto market continues to attract despite a sharp deceleration in sales growth.

Foreign automakers double down on China bets despite slowing growth

Last Updated: Sunday, April 19, 2015, 16:07

Market leaders Volkswagen AG and General Motors show no sign of letting up on their planned investments, while Toyota Motor and Ford Motor are also pursuing new China expansion plans.