Cars
Tesla to accelerate launch of cheaper cars after sales miss
TESLA is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric vehicle (EV) maker plans to start...
Tata to use new US$1 billion plant to make Jaguar Land Rover cars
INDIA’S Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a US$1 billion plant that it is planning to build in the southern state of Tamil Nadu,...
Ferrari owner Exor’s boss is telling investors that his company still loves cars
EXOR, the holding of Italy’s billionaire Agnelli family, told investors Thursday (Apr 11) that even after years of active diversification, cars remain its first love. Super-car maker Ferrari and...
BMW sales up slightly in Q1 as carmaker hits electric milestone
GERMAN carmaker BMW reported a slight boost in first-quarter sales on Wednesday (Apr 10), driven partially by demand for electric cars, as it hailed the delivery of its millionth...
China’s Chery nearing deal to manufacture cars in Spain
CHINA’S Chery Auto is nearing a deal to start making cars in Spain, its first manufacturing site in Europe, according to the Spanish government and local company EV Motors...
Brokers’ take: Citi initiates ‘buy’ on Jardine C&C with S$29 price target
CITI Research initiated coverage on Jardine Cycle & Carriage : C07 0% (Jardine C&C) with a “buy” call, as the research house expressed optimism on the conglomerate’s investments in...
Charge+ partners ChargeSini to form largest Singapore-Malaysia EV charging network
SINGAPORE’S Charge+ and Malaysia’s ChargeSini have signed a roaming agreement that gives electric vehicle (EV) drivers access to both companies’ charging networks.Goh Chee Keong, Charge+ chief executive officer, told...
Volvo Cars posts record March sales
VOLVO Cars’ sales rose 25 per cent in March from a year earlier to 78,970 cars, reaching an all-time high for global sales in a single month, the Sweden-based...
