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A German man "accidentally" ordered 28 Tesla cars worth €1.4 million (₹11.9 crore), his son explained on Reddit. While ordering just one Model 3 online, the man clicked on 'Confirm' but received no message. He then pressed the button repeatedly for two hours, unaware that every click was adding up to a new order. Tesla agreed to cancel the orders.
short by Dharna / 12:33 pm on 29 Jun
Lamborghini crashes 20 mins after owner picks it up from UK showroom
short by Nandini Sinha / on 25 Jun 2020,Thursday
A Lamborghini believed to be worth £200,000 (nearly ₹1.9 crore) was destroyed in a crash in the UK, 20 minutes after the owner picked it up from the showroom. The two-seater had stopped due to mechanical failure when it was hit from behind by a van. Police tweeted photos, writing, "It's only a car!" with the hashtag #couldhavecried.
short by Nandini Sinha / 06:36 pm on 25 Jun
Bajaj Auto workers demand factory halt after 250 test COVID-19 +ve
short by Kiran Khatri / on 04 Jul 2020,Saturday
Workers at Bajaj Auto have demanded the closure of its Waluj plant in Maharashtra for 10-15 days. This comes after 250 employees tested COVID-19 positive, an official overseeing the plant said. Earlier, Bajaj told its employees that those who don't come to work won't be paid. On June 26, Bajaj had said 140 of its 8,000 employees tested COVID-19 positive.
short by Kiran Khatri / 09:36 pm on 04 Jul
Bajaj Auto's Aurangabad plant to remain operational despite 140 COVID-19 cases
short by Krishna Veera Vanamali / on 27 Jun 2020,Saturday
Bajaj Auto has said its factory in Waluj in Maharashtra's Aurangabad district remains operational even as 140 COVID-19 cases were reported there. "We have more than 8,100 employees and contractors employed in our Waluj plant. Our current incidence of 140 cases of COVID-19 is less than 2% of our strength," it said. Two infected workers have succumbed to the disease.
short by Krishna Veera Vanamali / 09:29 am on 27 Jun
Lamborghini unveils supercar-inspired ₹25.6 crore luxury yacht
short by Pragya Swastik / on 01 Jul 2020,Wednesday
Lamborghini on Tuesday announced it has designed a ₹25.6 crore ($3.4 million) supercar-inspired luxury yacht called the 'Tecnomar for Lamborghini 63' and only 63 units of it will be made. The 63-foot-long boat will be built of carbon fibre and weigh 24 tons, featuring Y-shaped lights on the boat's bow. It's a 4,000-horsepower yacht powered by two V12 engines.
short by Pragya Swastik / 09:13 pm on 01 Jul
Trevor Milton, the billionaire Founder of US-based hydrogen truckmaker Nikola, has accused Tesla fans of carrying out "vicious attacks" against his company. "There were tens of thousands of hate comments today...coordinated to do us harm," he said. "Most [of them] aren't Nikola shareholders but those hired hands saying they are selling all their shares just to stoke fear," Milton alleged.
short by Dharna / 11:04 am on 04 Jul
Days after promising that Tesla will sell "short shorts", Elon Musk on Monday said it's available on the carmaker's online store for $69.420. The product's description read, "Enjoy exceptional comfort from the closing bell." It is seemingly a jibe at short sellers who lost around $1.33 billion on Thursday after Tesla stock rose to a record intraday high of $1,228.
short by Dharna / 09:49 am on 06 Jul
Tesla world's most valuable car company without even a profitable year
short by Pragya Swastik / on 02 Jul 2020,Thursday
Elon Musk-led electric carmaker Tesla, which surpassed Toyota in market valuation to become the world's most valuable car company on Wednesday with nearly $208 billion valuation, has never had a profitable year. Musk sent an e-mail to employees on Q2 saying, "Just amazing how well you executed, especially in such difficult times. I am so proud to work with you!"
short by Pragya Swastik / 03:30 pm on 02 Jul
Tesla overtakes Toyota to become the world's most valuable car company
short by Pragya Swastik / on 01 Jul 2020,Wednesday
Elon Musk-led electric carmaker Tesla on Wednesday displaced Toyota as the world's most valuable carmaker by market value after the company's shares climbed over 4%, giving it a market valuation of over $208 billion. Toyota's market cap is $203.21 billion. Tesla shares have more than doubled since the start of the year and hit a 52-week high of $1,129.18 today.
short by Pragya Swastik / 09:40 pm on 01 Jul
We import as we have no choice, not because we like to: Bhargava
short by Krishna Veera Vanamali / on 26 Jun 2020,Friday
To attract companies to produce locally, India needs to lower costs and be more competitive compared with others, Maruti Suzuki Chairman RC Bhargava has said. "We don't import because we like to, but because we have no choice," he said. Over 25% of India's auto part imports, worth $4.2 billion, came from China in 2019, according to industry body ACMA.
short by Krishna Veera Vanamali / 09:31 am on 26 Jun
Toyota suspends work at Bidadi plant after worker dies of COVID-19
short by Anushka Dixit / on 06 Jul 2020,Monday
Toyota Kirloskar Motor has suspended production at its Bidadi plant for a day after a worker died due to COVID-19. The employee had last attended work at the factory on June 23. All employees who came in contact with the person have been quarantined and the factory is being disinfected as per government guidelines, the company said.
short by Anushka Dixit / 09:32 pm on 06 Jul
Bajaj Auto workers have asked for 10-15 day closure of the Waluj plant after 250 workers tested COVID-19 positive, its unions said. Bajaj said last month that 140 workers had tested positive and two died but it wanted to learn to "live with the virus". Bajaj told workers that their salaries would be deducted if they remained absent from work.
short by Anushka Dixit / 06:40 pm on 06 Jul
Tesla CEO Elon Musk has apologised to the company's customers for shifting vehicle delivery dates. "It's a crazy world out there!" he added. Musk also thanked Tesla's trucking and rail partners for "going the extra mile" both "figuratively and literally". However, some of the customers responded to him saying they received their vehicles ahead of the expected date.
short by Aishwarya / 08:50 pm on 25 Jun
Tesla Model S battery cooling system being probed in US
short by Aishwarya / on 02 Jul 2020,Thursday
The US NHTSA is probing allegations of defective cooling systems installed in Tesla's Model S. Business Insider had earlier reported Tesla had knowingly installed cooling tubes prone to leaks in Model S vehicles beginning in 2012. NHTSA has said it is aware about the reports and "will take action if appropriate based upon the facts and data.
short by Aishwarya / 08:24 pm on 02 Jul
Some Tesla staff and labour activists have accused that Tesla is threatening to fire employees who haven’t returned to work since its plant reopened. The group wants the state and county officials to make sure that proper safety procedures are followed at Tesla's Fremont factory. Last week, Tesla officials had said that claims of California workers being fired weren't true.
short by Aishwarya / 11:19 pm on 02 Jul
Tesla denies reports of firing staff who didn't return to work
short by Aishwarya / on 03 Jul 2020,Friday
Elon Musk's Tesla has denied claims that it fired employees who chose to stay at home due to COVID-19 concerns. Tesla added it had waived its attendance policy for several weeks after obtaining permission to reopen factories and offered staff "a window of time to stay home no questions asked". Earlier, it was reported that Tesla had fired three employees.
short by Aishwarya / 06:13 pm on 03 Jul
Toyota recalls 7.5 lakh Prius cars over flaw in hybrid software
short by Anushka Dixit / on 29 Jun 2020,Monday
Toyota is recalling over 7.5 lakh Prius vehicles worldwide due to a flaw in the hybrid software in the 2013-2015 standard cars and 2014-2017 V models. The flaw prevented the cars to enter the failsafe mode, forcing the gas engine to lose power and stall. The cars will get a free software upgrade and inverter fix if that component failed.
short by Anushka Dixit / 04:00 pm on 29 Jun
Tesla is planning to expand its battery research and manufacturing facility in Fremont, California under 'Roadrunner' project, government documents revealed. Workers assigned to this facility, which would operate 24/7, would total 470 of which 400 would "work in shifts". It has applied to the city for permission to build a second floor in its current battery production plant.
short by Aishwarya / 08:21 pm on 25 Jun
Volvo to use Waymo's self-driving tech for electric robotaxis
short by Aishwarya / on 26 Jun 2020,Friday
Waymo is now the "exclusive global Level 4 partner" for Volvo Car Group, including its affiliates Polestar and Lynk & Co. The partnership is to integrate Waymo's self-driving software into new electric vehicle designed for ride-hailing. "Fully autonomous vehicles have...potential to improve road safety...and to revolutionise the way people live, work and travel," Volvo Cars CTO Henrik Green said.
short by Aishwarya / 03:11 pm on 26 Jun
Volvo recalls more than 2 mn cars worldwide over seat belt concerns
short by Kiran Khatri / on 01 Jul 2020,Wednesday
Volvo Cars has said that it is recalling over two million vehicles worldwide as a "preventive" measure after it discovered that a steel wire connected to the front seat belts can be weakened. It added that this a "very rare problem" and the affected models have been manufactured between 2006 and 2019. This is the Swedish carmaker's biggest-ever recall.
short by Kiran Khatri / 08:22 pm on 01 Jul
Maruti Suzuki's Chairman RC Bhargava said demand isn't the biggest challenge faced by auto industry but is the lack of manpower that affects the end product. "Demand is on the rise and will continue to do so, at least in the short term," he said. Once pent-up demand is managed, the industry will "run into the barriers" again, Bhargava added.
short by Anushka Dixit / 02:38 pm on 06 Jul
Tata Motors reports 82% sales drop during Q1
short by Anushka Dixit / on 02 Jul 2020,Thursday
Tata Motors has reported a nearly 82% dip in total sales to 25,047 units in the first quarter compared to 1,37,545 units in the same period a year ago. The company's domestic sales fell 82% to 23,845 units, compared to 1,31,879 units last year. Passenger vehicle sales dropped 61% to 14,571 units compared to 36,945 units last year.
short by Anushka Dixit / 08:58 pm on 02 Jul
Mercedes-Benz to recall 6.6 lakh vehicles in China over oil leak
short by Anushka Dixit / on 05 Jul 2020,Sunday
Mercedes-Benz will recall more than 6.6 lakh vehicles in China in December this year due to a possible oil leak. A seal between the fuel pump and fuel pipe could loosen with time which could lead to a leak in the cold weather. It includes several models made between February 2013 and June 2017 including C-class, E-class, V-class, and GLK-class.
short by Anushka Dixit / 07:30 pm on 05 Jul
Maruti reports 54% decline in June sales at 57,428 units
short by Kiran Khatri / on 01 Jul 2020,Wednesday
Maruti Suzuki India (MSI) has reported a 54% drop in total sales at 57,428 units in June compared to 1.24 lakh units sold in the previous year. Domestic sales fell by 53.7% to 53,139 units last month from previous year's 1.14 lakh units, MSI said. Meanwhile, the company's exports fell 56.4% to 4,289 units from 9,847 in June 2019.
short by Kiran Khatri / 06:53 pm on 01 Jul
Maruti Suzuki Chairman R C Bhargava said it's important to make Indian manufacturing more competitive and widespread to reduce Chinese imports. It's not in anyone's "commercial interest to continue to import", Bhargava said. Importing products overtime is expensive as the rupee gets weaker and items are imported because "you really have little choice in the matter", he added.
short by Anushka Dixit / 10:33 pm on 28 Jun
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