Man charged in Molotov cocktail attack on Teslas in Las Vegas

Investigators look over the scene at a Tesla Collision Center after an individual used incendiary devices to set several vehicles on fire on March 18, 2025 in Las Vegas, Nevada.  Ethan Miller | Getty Images A Las Vegas man has been arrested on charges related to the Molotov cocktail arson attack on Tesla vehicles in… Continue reading Man charged in Molotov cocktail attack on Teslas in Las Vegas

Trump’s new auto tariffs will likely drive up car prices by thousands of dollars

Chevrolet Silverado trucks at a Chevrolet dealership in Vallejo, California, US, on Monday, March 3, 2025. Bloomberg | Bloomberg | Getty Images President Donald Trump‘s steep new tariffs on imported cars will likely jack up prices for U.S. buyers of both foreign and locally made vehicles, according to Wall Street analysts. Trump on Wednesday said… Continue reading Trump’s new auto tariffs will likely drive up car prices by thousands of dollars

Why GM stock is getting hit the hardest by Trump auto tariffs

The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of… Continue reading Why GM stock is getting hit the hardest by Trump auto tariffs

Ferrari says it will raise prices by 10% on some models to offset auto tariffs

The Ferrari logo is seen outside the Ferrari headquarters in Maranello, Italy. Ciancaphoto Studio | Getty Images Sport | Getty Images Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new U.S. auto tariffs, adding up to $50,000 to the price of a typical Ferrari. The… Continue reading Ferrari says it will raise prices by 10% on some models to offset auto tariffs

Detroit automaker shares fall after Trump’s tariff announcement

The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, on March 4, 2025. Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place… Continue reading Detroit automaker shares fall after Trump’s tariff announcement

How a LinkedIn Message Brought VinFast to Tamil Nadu

It began with a message. Not from a high-level summit. Not from a trade show. But from a quiet ping on LinkedIn. That one message triggered a chain of events that would culminate in one of India’s most significant greenfield EV investments—a Rs 16,000 crore commitment from Vietnamese EV major VinFast, expected to create over… Continue reading How a LinkedIn Message Brought VinFast to Tamil Nadu

How a LinkedIn Message Brought VinFast to Tamil Nadu

It began with a message. Not from a high-level summit. Not from a trade show. But from a quiet ping on LinkedIn. That one message triggered a chain of events that would culminate in one of India’s most significant greenfield EV investments—a Rs 16,000 crore commitment from Vietnamese EV major VinFast, expected to create over… Continue reading How a LinkedIn Message Brought VinFast to Tamil Nadu

Ashok Leyland Expects Switch India to Report Net Profit, 3X Bus Volume Growth in FY26

Ashok Leyland Ltd has projected its electric vehicle subsidiary Switch Mobility to report net profit for the first time for its India business during the financial year 2026, with bus volumes growing threefold. The automaker also expects Switch to post a revenue of Rs 900-1,000 crore in the current financial year. Switch Mobility’s India business is… Continue reading Ashok Leyland Expects Switch India to Report Net Profit, 3X Bus Volume Growth in FY26