Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspends arrested Audi CEO Rupert Stadler, names interim boss

Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its most profitable business after German authorities arrested Stadler as part of an emissions probe. Audi said Stadler, 55, had requested to temporarily step down from his position, and named sales executive Abraham Schot as an interim replacement with […]

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Elon Musk emails staff alleging employee ‘sabotage’

Elon Musk emails staff alleging employee ‘sabotage’

Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted “extensive and damaging sabotage” to the company’s operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties. Company […]

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Tata considering British businessman Sir George Buckley for top job?

Tata considering British businessman Sir George Buckley for top job?

Tata Sons may be considering British Businessman Sir George Buckley to fill the chair left empty after ex-Chairman Cyrus Mistry’s ouster. According to a brief report by moneycontrol, “Tata Sons is said to have approached Sir George Buckley,” to replace Mistry. The report cited Sky News as its source. The move comes at a time […]

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Car sales plunge after 10 yrs; fall 7% in 2012-13

Car sales in India fell for the first time in a decade – down 6.69 percent in 2012-13 – as the automobile industry struggled to cope with demand slump due to a sluggish economy. According to the data released by Society of Indian Automobile Manufacturers (SIAM), passenger car sales in the last fiscal stood at […]

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A car that goes 1,000 km with just a litre of fuel

A team of engineering students in the UAE have designed a car that could potentially travel up to 1,000 km on just one litre of fuel. The lightweight vehicle — named Eco-Dubai 1 — is in its final stage of construction and will begin testing in the next two weeks. The product of almost two […]

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Honda Amaze: Three impressive features

Honda’s much talked about, entry level sedan, Amaze is slated for launch on April 11. This car will be Honda’s debut in the diesel vehicle segment. Lots of hopes are pinned on Amaze, Honda’s first lower C segment sedan, as the automaker is losing out to its rivals in market sales mainly due to the […]

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New Maruti Alto 800 to hit Indian roads next week; may cost Rs 2.5-3L

India’s largest car maker Maruti Suzuki India is looking to regain lost ground in the small car segment with the launch of a completely new version of its erstwhile best selling model Alto next week. As per media reports, new Maruti Alto 800 is likely to be priced at around 2.5-3 lakh, allowing it to […]

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Maruti hikes car prices by up to Rs 5,250

The country’s largest car maker Maruti Suzuki India on Wednesday said it has hiked prices of its all models by up to Rs 5,250 with immediate effect to offset adverse impact of foreign exchange fluctuation and rising input costs. “The average hike in the price across models is around 1 per cent and the range […]

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