Auto Sector

BMW announces sporty version of i3 e-car


Luxury carmaker BMW has announced that it will soon launch a sporty version of its little electric-car i3 that will boast sportier wheels, a slightly different look along with a range of enhancemen

Peter Altmaier Urges German Automobile Giants to Compete with Tesla Motors


Peter Altmaier, the chief of staff in Angela Merkel government has urged German automobile majors to compete with Tesla Motors.

Tesla’s sales head to receive $700K payout on meeting certain targets


Tesla Motors global sales and service president Jon McNeill will receive $700,000 if he meets certain targets for this year, the electric carmaker announced on Wednesday.

Hyundai to launch pickup truck in United States


Hyundai Motor Company has announced a plan to launch a pickup truck in the U.S. in a bid to shift away from sedans in one of the company’s most important markets. Michael J. O’Brien, Hyundai U.S.