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Tesla : Rival startup Faraday Future cancels new factory

Faraday Future, the would-be Tesla rival facing well-documented challenges in terms of capitalization and efforts to bring its first production vehicle to market, has scrapped plans to construct an assembly

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New Terrano with starting price Rs 9.99 lakh hits India

Bringing cheers on faces of Sports Utility Vehicle (SUV) lovers, Nissan India has launched the New Terrano with starting ex-showroom price of Rs 9.99 lakh. Terrano with new price range

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Lexus LX 450d Introduced In India; Bookings Open

The Lexus LX 450d, the full-size SUV from the Japanese car maker today made an official entry into the Indian market with the launch of the Lexus brand. While the

National 1 Comment

Why Chhattisgarh is lagging to take action?

Raipur, March 25: From different parts of the country, customers, NGOs and even MLAs are demanding action against the automobile dealers for charging additional amount from customers in name of

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Tesla raises $1.2 billion to pad cash reserve, help launch Model 3

Tesla Inc.’s $1.2 billion share and convertible debt offering on Friday demonstrates once again the unflagging ability of the luxury electric carmaker and its high-profile head, Elon Musk, to tap

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Mercedes says recall won’t hurt U.S. sales ‘Parts are flowing to dealers weekly’

The recall of 1 million new and late-model Mercedes-Benz vehicles because of fire risk isn’t expected to hurt the brand’s U.S. sales in March. While several new models are affected

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Land Rover launches Discovery Sport at Rs 50.72 lakh

Land Rover has added a new 2-litre Ingenium engine to the Discovery Sport line up. The new engine replaces the 2.2-litre unit, which will now be discontinued from the brand’s

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BMW Group India to increase prices from 1 April 2017

Gurugram. BMW Group India will increase prices by average of 2% across the BMW and MINI product range from the beginning of Indian financial year (1 April 2017). Vikram Pawah,

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Honda launches compact SUV WR-V starting Rs 7.75 lakh

Japanese auto major Honda on Thursday globally launched compact sports utility vehicle WR-V in the Indian market with prices tagged between Rs 7.75 lakh and Rs 9.99 lakh (ex-showroom, Delhi)

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Tesla looking to raise $1.15 billion to fund its Model 3

A capital raise by Tesla has been anticipated since late last year, gaining steam last month after Chief Executive Elon Musk said the company could be “close to the edge”

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