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Chinese automaker Geely now has stake worth $9 billion in Daimler

Chinese automaker Geely now has stake worth $9 billion in Daimler

Feb 24, 2018

The stake purchase followed an initial approach last November, when Geely sought to buy a Daimler stake as a way to access Mercedes-Benz electric vehicle and battery technology to help it to comply with a Chinese crackdown on pollution.

Volkswagen shift to EVs to reduce its profitability

Volkswagen shift to EVs to reduce its profitability

Feb 24, 2018

In total, VW has now put aside 25.8 billion euros to cover fines, compensation and vehicle refits, of which nearly 20 billion have so far been paid out. VW said earnings were driven by a growing share of sales of higher-margin models and increasing savings from VW’s modular platforms.

Flying cars to be a reality in five years: Uber

Flying cars to be a reality in five years: Uber

Feb 24, 2018

In April 2017, Uber had declared that it would be ready to test its first vehicle that could take vertical takeoffs like a helicopter by 2020. However, now with less than two years to go, they’ve pushed the date back even further.

Cashless toll booths: Audi has a solution that will reduce your waiting time at toll booths

Cashless toll booths: Audi has a solution that will reduce your waiting time at toll booths

Feb 24, 2018

The drivers can now use Audi’s existing MMI infotainment system to turn the transponder on or off and can even track lanes for the cars. This new technology has also been regarded by Audi has “Vehicle-to-infrastructure” technology (V2I).

Mini evaluates partnership for Electric Minis with Great Wall Motors in China

Mini evaluates partnership for Electric Minis with Great Wall Motors in China

Feb 23, 2018

BMW said it signed a letter of intent with Great Wall Motors Co., headquartered in Baoding, southwest of Beijing, and needs to work out a cooperation agreement and investment details.Auto brands face pressure to meet quotas that require electric vehicles to make up at least 10 percent of sales starting next year.

2018 Maruti Suzuki Swift gets 60,000 booking within a month of launch: Waiting period at all-time high

2018 Maruti Suzuki Swift gets 60,000 booking within a month of launch: Waiting period at all-time high

Feb 23, 2018

One of the biggest launches to happen at the Auto Expo 2018 was the launch of the all-new 2018 Maruti Suzuki Swift. Which was launched at an introductory price of Rs 4.99 lakh for the base petrol going all the way up to Rs 8.29 lakh for the fully specced diesel.

New Skoda Fabia, Vision X concept SUV to break covers at 2018 Geneva Motor Show

New Skoda Fabia, Vision X concept SUV to break covers at 2018 Geneva Motor Show

Feb 23, 2018

Skoda Vision X concept will for the first time put some light on Skoda’s third SUV. The study design Vision X concept transfers the brand’s new design language used n Kodaiq and Karoq into a new vehicle segment.

Nissan to begin testing of semi-autonomous cars, 300 sign up to try out its ‘Easy Ride’

Nissan to begin testing of semi-autonomous cars, 300 sign up to try out its ‘Easy Ride’

Feb 23, 2018

For now, Easy Ride will be limited to a 4.5-kilometer (2.8-mile) course that starts from Nissan headquarters and winds through a shopping mall area in this port city.The app is only in Japanese, but there are plans to offer it in several languages for tourists and other travelers

2018 Hyundai Elite i20 automatic variant to launch in May 2018

2018 Hyundai Elite i20 automatic variant to launch in May 2018

Feb 23, 2018

2018 Hyundai Elite i20 was launched at the Auto Expo 2018 in both petrol and diesel variants, and now it is set to get a CVT version in May. While an automatic gearbox was introduced in 2016, the new unit on the 1.2-litre petrol will be more affordable.

2018 Honda Civic India launch nears: Debuts on Honda India website

2018 Honda Civic India launch nears: Debuts on Honda India website

Feb 23, 2018

The new generation Honda Civic will be launched in India at a price of close to Rs 14 lakh (ex-showroom) in India. The sporty looking sedan will lock horns with Skoda Octavia, Toyota Corolla Altis and Hyundai Elantra in the segment.