Automobile

Telsa chief accounting officer announces departure from company, shares fall

Tesla Inc shares fell more than 8% to US$257.61 in Friday morning trading as its chief accounting officer Dave Morton…

Car production for UK market fall by 35% in July

As uncertainty about Brexit continue to mount, car production fell by 11% in the month of July with the number…

Volvo UK names Matt Galvin as new sales director

Volvo has promoted Matt Galvin, former Head of Retails Sales as the new UK Sales Director,and also a member of…

Honda, GM to manufacture batteries for electric cars

Honda and General Motors Thursday announced a collaboration to manufacture "next-generation" battery technology for future electric cars. The new batteries…

Jaguar Land Rover profits slide on shrinking diesel demand

Record sales at Jaguar Land Rover have failed to turn into higher profits as rising investment costs put the brakes…

Volkswagen AG hopeful of sales growth in Nigeria’s automobile industry as economy recovers

Volkswagen AG expects a rebound in vehicle sales in Nigeria as the economy in Africa’s biggest oil producer recovers, the…