Auto Sector

Martin Winterkorn and a Current VW Board Member Under Investigation by Prosecutor’s Office in Germany

Martin Winterkorn and a Current VW Board Member Under Investigation by Prosecuto

In a recent round of investigation related to the emission scandal of Volkswagen, ex-CEO Martin Winterkorn and a board member of the company is being probed by the prosecutor's office of Brunswick,

Reportedly Tesla Customers Report Suspension Flaw and NHTSA Looking at the Matter

Reportedly Tesla Customers Report Suspension Flaw and NHTSA Looking at the Matte

Reportedly, the National Highway Traffic Safety Administration (NHTSA) says they are going through reports of some suspension failure in Tesla's Model S vehicles.

Reportedly, since October last year, thirty three complaints have been received by the NHTSA regarding the model's suspension parts breaking.

Reportedly Sales Drop in May for Most Automakers in the U.S

Reportedly Sales Drop in May for Most Automakers in the U.S

Talk about good selling months for automakers and in the U. S, it's never, May. Most Americans buy cars before summer and head for their road trips.

Elon Musk Discusses Past Mistakes in Tesla’s Annual Shareholders’ Meeting

Elon Musk Discusses Past Mistakes in Tesla’s Annual Shareholders’ Meeting

On Tuesday, at Tesla's annual shareholder's meeting, the company's CEO Elon Musk and CTO JB Straubel along with other Tesla executives spoke about many other things rather than just discussing the

Toyota Entering Strategic Investment Deal with Uber

Toyota Entering Strategic Investment Deal with Uber

More and more car makers have been showing interest in the ride sharing companies like Uber and Lyft and the latest news comes from Toyota Motor Corp which has entered into a strategic investment p

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