Auto Sector

EU antitrust regulators investigating possible German car cartel

The European Commission has confirmed that EU antitrust regulators are probing allegations of a cartel among a group of German carmakers, in an action that could result in bulky penalties for the c

Tesla Motors faces important test with Model 3

Tesla Motors’ long-awaited Model 3 will be a “major test” for the Palo Alto-based electric car giant, according to industry analysts.

Ford announces 10 percent workforce layoff Worldwide

Ford Motor Company is reportedly preparing to slash its salaried workforce in North America and Asia by around 10 per cent as part of its efforts to boost profits and stock price.

Tesla Files Lawsuit Against Autopilot Team Leader Sterling Anderson for Stealing Secrets

Tesla Motors has filed a lawsuit against Sterling Anderson, the leader of autopilot team at the company for stealing secrets.