1962 Ferrari auctioned for $51.7 mn in New York: Sotheby's
A 1962 Ferrari 250 GTO sports car sold for $51.7 million in New York on Monday, making it the second most expensive car ever sold at auction, Sotheby's said.
Nov 14, 2023
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Automotive
Page 6 - News tagged with car market
Automotive
EU confronts Chinese subsidies with electric car probe
Brussels will investigate Chinese state subsidies for electric cars, the EU chief said Wednesday, vowing to defend Europe's industry from unfair competition.
Sep 13, 2023
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Automotive
Renault boosts profitability but Russia exit pushes it into loss
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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15
Business
In US trial, Musk defends his $50 bn pay deal at Tesla
Tesla tycoon Elon Musk on Wednesday defended his $50 billion pay package as CEO of the electric vehicle giant, arguing that the pioneering company was on the verge of collapse when the deal was agreed.
Nov 16, 2022
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3
Automotive
US firefighters adapt to 'new hazards' in electric car blazes
California firefighters ended up using a water-filled pit to douse stubborn flames in a Tesla's battery compartment earlier this month, illustrating the distinct difficulties in battling electric vehicle blazes.
Jun 30, 2022
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Automotive
Ferrari to recall more than 2,200 cars in China over brake risk
Italian luxury carmaker Ferrari has issued a recall plan with Chinese regulators over potential brake problems in its vehicles, an official notice said Friday.
Apr 22, 2022
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Automotive
Tesla China exports only 60 cars in March as COVID hits auto sector
Tesla exported only 60 China-made cars in March, a trade body said Monday, with the domestic market absorbing most of its production while virus curbs in areas like Shanghai and Jilin hurt deliveries in the auto industry.
Apr 11, 2022
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22
Automotive
Thinking of buying an electric vehicle for your next car? Here's the market outlook and what to consider
As petrol prices soar and climate change impacts make themselves felt, many people are likely wondering if their next car should be a fully electric vehicle.
Mar 16, 2022
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5
Mercedes, Stellantis to work with US firm on new batteries
Automakers Mercedes-Benz and Stellantis announced agreements with U.S. company Factorial Energy on Tuesday to help develop solid-state battery technology that they hope could make electric cars more attractive to a mass market.
Nov 30, 2021
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14
Automotive
Tesla's Elon Musk downplays deal to supply cars to Hertz
Tesla shares fell in early trading on Tuesday after founder Elon Musk cast doubt on a deal to supply Hertz with rental cars.
Nov 2, 2021
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