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In the broader market, concerns that a collapse at Evergrande could drive a global crisis have ebbed.
JPMorgan Chase plans to acquire a controlling interest of close to 75% of Volkswagen Financial Services, the German car manufacturer’s payments platform, the bank announced on Wednesday.
Tesla Inc temporarily halted some operations at its Shanghai factory as the global shortage of semiconductors hit the electric car maker.
BMW plans to reduce carbon emissions across the life cycle of its vehicles at least 40% from 2019 levels by 2030.
Denholm, who recently testified in a Delaware court as part of a shareholder lawsuit over Tesla’s controversial 2016 acquisition of SolarCity, has served on Tesla’s board since August 2014.
Gaia GPS is launching compatibility with Android Auto, Google's in-vehicle operating system. The partnership lets users access Gaia GPS map.
Gains in auto and financial stocks boosted Indian shares on Monday, with investors awaiting data on consumer price inflation (CPI) for June and industrial output for May.
The Volvo XC40 SUV, Volvo XC60 SUV, Volvo XC90 SUV, Volvo S60 sedan, and Volvo S90 sedan were among the models sold by Volvo Car India in the first half of 2021.
Overall, the total vehicle sales for June rose 22.62% YoY, primarily on a low base. Retails are still down by -28.32% when compared to June 2019.