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Latest Articles in automakers

US Asks Tesla To Recall 158,000 Vehicles For Touchscreen Failures

The auto safety agency made the unusual request in a formal letter to Tesla after upgrading a safety probe in November, saying it had tentatively concluded the 2012-2018 Model S and 2016-2018 Model X vehicles "contain a defect related to motor vehicle safety."

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Ford To Close Brazil Manufacturing Operations, Take $4.1 Billion In Charges

Brazil's Economy Ministry lamented Ford's decision to end production in the country and said it reinforced the need for reforms to improve the business climate.

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M&M Hikes Prices Of Personal, Commercial Vehicles By 1.9 %

Mahindra & Mahindra (M&M), part of the USD 19.4 billion Mahindra Group, will raise the prices of range of personal and commercial vehicles by Rs 4,500 - Rs 40,000, depending on the model and variant

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Ford Quarterly US Sales Fall 9.8% As Truck Sales Dip

The automaker posted a 12.5% decline in truck sales, while passenger car sales fell 41.1% as it continues to phase out traditional sedan models in North America that have become increasingly unpopular with consumers.

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Increased New-Car Demand During Pandemic Has US Industry Optimistic About 2021

Consumers in the financial position to buy a new car during the coronavirus pandemic aren't holding back on upsizing their purchases in favor of bigger vehicles with more amenities, according to industry consultant Edmunds.

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All-New Nissan Magnite Will Continue To Be Available At Introductory Prices

Nissan India has reached a colossal milestone with the launch of the all-new Nissan Magnite. Our brand philosophy of keeping the customer at the centre of everything we do enables us to create a game changer with a revolutionary value proposition.

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Tata Motors shares gain over 3% after December sales data

Tata Motors on Friday reported a 21 per cent increase in total vehicle sales in the domestic market to 53,430 units in December.

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Ford, Mahindra Call Off Auto Joint Venture

Mahindra said in its statement that the decision will not have any impact on its product plan, and that it is accelerating efforts to develop electric SUVs.

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Nissan Motor To Reduce Presence In Europe As Part Of Turnaround Plan - Yomiuri

The Japanese motor company is currently moving its operations away from Europe and shifting its focus to China, the United States, and Japan.

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Developing the Commercial Vehicles Segment

The commercial vehicles deployed in India have aided in escalating trade, commerce, travel and transportation. It has brought about expansion in several safety parameters and vehicle advancements

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Global Cargo Logjam Deepens, Delaying Goods Bound For Retailers, Automakers

A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.

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Tesla Tumbles 6.5% From Record High In S&P 500 Debut

The electric car maker, headed by billionaire Elon Musk, is the most valuable company ever admitted to Wall Street's main benchmark and accounted for a 1.69% weight in the index ahead of Monday's trading.

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US Opens Probe Into Whether VW Vehicles Infringe Jaguar Land Rover Patents

Jaguar Land Rover (JLR) said the vehicles "have used JLR’s patented inventions without payment or permission" notably a patent for an "improved system for driving a vehicle on different driving surfaces, in particular off-road."

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Wall Street Falls As Stimulus Rally Cools, Tesla Hits Record High

The Dow Jones Industrial Average fell 115.51 points, or 0.38%, to 30,187.86, the S&P 500 lost 12.78 points, or 0.34%, to 3,709.7 and the Nasdaq Composite dropped 9.11 points, or 0.07%, to 12,755.64.

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Tesla Shares Jump To Record High Ahead Of S&P 500 Debut

Tesla's addition to the S&P 500 is forcing index-tracking funds to buy about $85 billion worth of the shares by the end of Friday's session so that their portfolios reflect the index, according to S&P Dow Jones Indices.

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