Automaker

Tesla CEO Elon Musk said that the company would continue to be publicly traded, weeks after suggesting that he would take the electric carmaker private.

TOKYO: Nissan Motor is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, it said on Thursday. Japan’s second-largest…

Audi AG has launched the exclusive and even more powerful, efficient and intelligent Audi A4 Saloon in Pakistan. The Audi A4 is  available in black and quantum grey colours. The vehicle impresses with a path-breaking synthesis of…

WASHINGTON: The United States on Thursday charged Fiat Chrysler with using software on its trucks to evade emissions standards on about 104,000 vehicles. Shares in Fiat Chrysler Automobiles skidded more than 15 percent on the Milan Stock…

BEIJING: Beijing has fined the Chinese unit of General Motors nearly $29 million for "infringing on the rights of consumers and its competitors" via price-fixing, Shanghai authorities said.  SAIC-GM -- a joint venture between the…

BEIJING: China will slap fines on an unnamed US carmaker for monopolistic behaviour, the state-run China Daily said on Wednesday, as rhetoric over trade heats up between Beijing and US president-elect Donald Trump. A penalty will be…

TOKYO: Toyota on Wednesday said it was on track to book a record $17.5 billion full-year net profit, as the company also lifted its revenue estimate, citing a weak yen and cost cutting.