The head of the company, Ola Källenius, although aware of the challenges, points out that they still achieved a "robust financial result" bearing in mind the current "dynamic business environment".

During the pause, Mercedes will run down EQ inventories in the U.S. and also supply cars made in its plant in Tuscaloosa, Alabama. The company also said it would cut the base price of its EQE and EQS ...

Uno Minda launches new LED blinkers for Royal Enfield motorcycles, featuring a contemporary design, improved visibility, and ...

The company added that they are looking for alternatives to deal with the shortage, a move that other two-wheeler makers such ...

Mercedes-Benz on Wednesday said it took about a $420 million hit to its car division this year due to auto tariffs. The Wall ...

India's Eicher Motors reported that a shortage of rare earth magnets disrupted its first-quarter production of performance ...

With their pathbreaking electric tractors, Moonrider might just be scripting the biggest transformation Indian agriculture ...

Mercedes-Benz was hit harder. The premium brand reported a 56 percent plunge in net profit to 2.7 billion euros for the first half, down from 6.1 billion euros a year earlier. It blamed the drop on ...

During the April-June period, the company saw its consolidated profits zoom 33% from a year ago to ₹642 crore, as its margins ...

Automotive majors TVS Motor and Bajaj Auto continued to dominate electric vehicle two-wheeler (E2W) registrations in July ...

The Maharashtra government is set to launch a new state-backed taxi app to challenge Uber and Ola’s dominance, aiming to ...