STOCKHOLM ― Sweden-based Volvo Cars is booking an impairment charge of 11.4 billion crowns ($1.2 billion) in the second quarter related to its ES90 and upcoming EX90 models, due to tariffs and launch ...

Despite an upgrade in software quality and a volume ramp-up plan, the Volvo EX90 will face decreased lifecycle profitability ...

Domestic wholesale auto sales decline in June, but expected to improve with upcoming festival season and RBI rate cuts.

Rivian vehicles will soon replace its Mapbox-based maps with Google Maps. The integration will still see a lot of Rivian DNA ...

Top Stories GM, LG to produce low-cost LFP EV batteries at Tennessee Ultium plant by 2027. Read More Volvo takes $1.2B charge due to tariffs and model delays. Read More Lucid CEO warns Trump’s tariffs ...

After the recent inauguration of the Experience Centre in Mumbai, Tesla has launched the all-new Model-Y in India.

Stock futures pointed to a positive open as investors waited for June's consumer-price index report. Economists forecast that annual inflation rose to 2.7%, according to a Wall Street Journal poll.

STOCKHOLM-Ericsson's second-quarter earnings beat expectations despite a negative impact from U.S. import tariffs, as it benefited from a larger share of sales in higher-margin countries, increased ...

Japanese truck-maker UD Trucks Corporation announced that it has launched its new Kuzer light-duty truck for international markets.

The carmaker has been grappling with tariff uncertainty, muted electric-vehicle demand and intensifying competition in China.

Tariffs are impacting the brand-new ES90 and Volvo said the high fees prevent them from profitably selling the car in the ...