Hyundai Motor has signed a term sheet for the potential acquisition of General Motors India's Talegaon plant in Maharashtra. The term sheet covers the proposed acquisition of General Motors' land and buildings and certain manufacturing machinery and equipment, the company said. General Motors' agreement to sell the Talegaon plant to Chinese carmaker Great Wall Motor collapsed last year. readmore...

Skoda board member Martin Jahn has said the firm would have to cut 3,000 jobs if European Union's 'Euro 7' emissions scheme is implemented in its current form. "If (Euro 7) is approved in this shape, it would mean for Skoda Auto to close one plant," he said. He added over 10,000 jobs would be affected in the Czech Republic. readmore...

Hero Electric Managing Director Naveen Munjal said the company is aiming to double its unit sales growth by 1.7-2.5 times in the next fiscal. "We will close this fiscal with sales of about 1,00,000 units," Munjal added. He further said that the company's business model is robust enough to not depend on government subsidies for survival and growth. readmore...

A Parliamentary Committee on electric vehicles (EVs) has suggested the government extend benefits under the FAME India Scheme by two more years. "Removal of government support would result in price escalation of EVs significantly," the panel said, adding, "A large number of start-ups are...involved in this field, which may have to shut down once the FAME II is closed." readmore...

General Motors, which produces Chevrolet, Buick, GMC and Cadillac cars, is planning to work with Microsoft to use OpenAI's ChatGPT technology in its vehicles. The automaker is working on a virtual personal assistant that uses AI models behind ChatGPT, Semafor reported. The assistant will reportedly be able to instruct drivers on how to change a flat tire, among other things. readmore...

Italian luxury sports car maker Ferrari SpA on Monday said that a hacker recently demanded ransom from the company related to certain client contact details. "[The] threat actor was able to access a limited number of systems in our IT environment," Ferrari said in a letter to customers. The breach had no impact on the company's operations, it added. readmore...

Japanese automaker Mitsubishi Motors has pledged that hybrid and battery electric vehicles will account for all of its new car sales by mid-2030s. It also stuck to a previous goal of having half of its new car sales electrified by fiscal 2030. Mitsubishi considers plug-in hybrids (PHEV), hybrid electric vehicles and battery electric vehicles (BEV) as electrified vehicles. readmore...

Volkswagen on Tuesday announced its plans to invest $192.76 billion over the next five years to achieve its target of 50% electric vehicle (EV) sales globally by 2030. The investment will be directed towards areas including battery production and its North American operations. Investment in combustion engine technology will peak in 2025 and decline from then on, the automaker said. readmore...

Japanese auto major Suzuki Motor Corporation increased its stake in Indian subsidiary Maruti Suzuki India Limited to 56.48% by purchasing 3.45 lakh equity shares from the open market from March 10-13. Prior to the transaction, Suzuki held 56.37% of Maruti Suzuki. Currently, Maruti Suzuki has a cumulative production capacity of 15 lakh units per annum at Manesar and Gurugram plants. readmore...

The European Court of Justice has said Mercedes-Benz must pay compensation for unauthorised shutoff devices in diesel cars in case the buyer has been affected. The case was brought up by a used Mercedes buyer who said the exhaust gas recirculation system, which operated within a temperature range, led to increased nitrogen oxide emissions by reducing recirculation in lower temperatures. readmore...

A German plant of Mercedes-Benz was searched last week by prosecutors investigating two of the carmaker's employees for suspected corruption. They reportedly seized a mobile phone and a computer during the searches at the plant. The automaker said it is working with authorities, adding, "We are injured parties in the case and have filed a complaint." readmore...

Hyundai Motor is reportedly in talks with a Kazakhstan company to sell its Russian manufacturing plant. The deal could reportedly be signed as early as June. Owing to sanctions and an exodus of Western manufacturers after Russia invaded Ukraine last year, many factories are facing shortage of tech equipment. Hyundai suspended operations at its Russian factory last March. readmore...

US Senator Joe Manchin has said he is "totally opposed" to Ford's battery deal with China's CATL to build batteries for its electric vehicles. Under the Inflation Reduction Act, consumers can receive $7,500 in tax credits for purchasing an EV. A 12% royalty included in the Ford-CATL partnership would send $900 of the $7,500 tax credit to CATL. readmore...

Hyundai and Kia are recalling over 5,70,000 US vehicles over fire risks. The car owners have been asked to park outside as vehicles with a tow hitch harness could catch fire due to a short circuit. Hyundai and Kia are recalling 5,68,000 and 3,500 vehicles, respectively. Their dealers will install new fuse and wire extension kits to address the issue. readmore...

Pune RTO is carrying out the legal process to scrap 2,600 old government-owned vehicles in the Pune district, an official said. The vehicles, which will be scrapped by March end, include public transport buses. Notably, the Centre had earlier announced that all vehicles owned by central or state governments, which are older than 15 years, will be deregistered and scrapped. readmore...

US regulators are investigating Tesla's Model Y SUV following two reports that said steering wheels came off while being driven. The National Highway Traffic Safety Administration (NHTSA) in US said the vehicles were delivered with a missing bolt which holds the wheel to the steering column. Both the incidents happened while the SUVs had low mileage, the NHTSA said. readmore...

Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for an aggregator licence to operate in the state. The two have applied at Mumbai's Tardeo RTO and their applications are under process. This comes after the Supreme Court directed Uber, which had been plying in Maharashtra under a provisional licence, to apply for a fresh licence. readmore...

Mahindra & Mahindra on Monday said it has sold over 6% stake in Mahindra CIE Automotive, representing around 2,29,80,000 equity shares. The sale has been executed on the stock exchanges at a gross price of ₹357.39 per share. Following the sale, Mahindra & Mahindra's shareholding in Mahindra CIE Automotive has come down to 3.19% from 9.25% of its share capital. readmore...

Mahindra & Mahindra announced that it has completed the liquidation of its Bangladesh unit, Mahindra Bangladesh Pvt Ltd (MBPL). MBPL has ceased to be in existence with effect from March 14, 2023, the company said in an exchange filing. The company said it had nil income from operations from MBPL as of March 31, 2022. readmore...

Ford is recalling nearly 1.3 million Ford Fusion and Lincoln MKZ sedans from 2013 and 2018 with leaking brake hoses and about 222,000 F-150 pickup trucks from 2021 which have faulty windshield wiper arms across the US. With regard to the brake hose defects, the company said it is aware of one crash and did not mention any injuries. readmore...

Mercedes will invest billions in three plants in China, Germany and Hungary over the coming years. "We are investing a three-digit million amount per plant for the run-up," production manager Joerg Burzer said. Mercedes will start work on the German plant over the coming months and will produce the first model of the compact vehicle platform MMA from 2024. readmore...

The stock of Jay Bharat Maruti (JBM) Auto hit the 52-week high of ₹644.35 apiece on Thursday after Maharashtra Deputy Chief Minister Devendra Fadnavis said in the Budget presentation that the total EV fleet under the state transportation network would be increased by 5,000. Subsequently, JBM Auto's price steadily soared after 3 pm and closed at ₹627.35 on the BSE. readmore...

The assets of Volkswagen in Russia have been frozen by a court in the country over a lawsuit by Russian auto manufacturer GAZ. GAZ, which was contracted to produce Volkswagen vehicles, has alleged that Volkswagen's decision to exit the country put its own interests at risk. GAZ has also demanded about $201.3 million in damages over the terminated contract. readmore...

The International Finance Corporation will invest ₹600 crore in Mahindra & Mahindra-owned new last-mile mobility company NewCo. This will be IFC's first investment in an EV manufacturer in India and its first in electric three-wheelers globally. The ₹600 crore investment will result in ownership of between 9.97% to 13.64% for IFC in the EV firm. readmore...

Honda Atlas Cars, the unit of Honda Motor in Pakistan, announced that it will shut its manufacturing plant till March 31, 2023, citing a "severely disrupted" supply chain. The company, in an exchange filing, said government's stringent measures amid country's current economic condition was making it difficult to import raw materials. The measures also halted foreign payments, the company added. readmore...

The flu has hospitalized a record number of people this season, underscoring the potential for a perilous winter of respiratory viruses with covid-19 and RSV.

Comment on this story Influenza is hitting the United States unusually early and hard, already hospitalizing a record number of people at this point in the season in more than a decade and underscor… [+7322 chars] readmore...

This time, the mid-infrared instrument (MIRI) on board the James Webb Space Telescope managed to capture the ghostly landscape.

Mid-infrared light is particularly good for closely observing gas and dust. Our notion of "surprise" when it comes to astronomy images has slightly changed now that we have a strong lens focused on … [+1538 chars] readmore...

NFL superstar Tom Brady and supermodel Gisele Bundchen said they will divorce after 13 years of marriage.

NFL superstar Tom Brady and supermodel Gisele Bündchen are getting divorced after 13 years of marriage, they announced Friday. "We arrived at this decision amicably and with gratitude for the time w… [+1713 chars] readmore...

An eight-day operation ends in Kherson city as Russian officials prepare for a Ukrainian attack.

Russian officials say they have completed an operation to move civilians out of the occupied southern city of Kherson ahead of an expected battle with advancing Ukrainian forces. At least 70,000 ci… [+4359 chars] readmore...

Electroconvulsive therapy (ECT) is a treatment reserved for the most severe cases of depression, bipolar disorder and schizophrenia. Positive results are not guaranteed. Could genetic insight in the f

October 28, 2022 — Electroconvulsive therapy (ECT) is a treatment reserved for the most severe cases of depression, bipolar disorder and schizophrenia. Positive results are not guaranteed. Could gen… [+3731 chars] readmore...

Free Fire MAX is one of the most famous names in the mobile battle royale genre. The title has gained millions of downloads and a massive player base with its impressive dynamics and premium graphics.

Free Fire MAX is one of the most famous names in the mobile battle royale genre. The title has gained millions of downloads and a massive player base with its impressive dynamics and premium graphics… [+2878 chars] readmore...

We should quickly abandon wishful thinking in order to be truly ready for Rishi Sunak

The world has watched in appalled fascination as the UKs ruling party scrapes the bottom of its human resources barrel: it found there its first Black chancellor of the exchequer and then, to clear u… [+6664 chars] readmore...

Rishi Sunak made the pledge during his first attempt to become Conservative leader earlier this summer.

Prime Minister Rishi Sunak has scrapped a Tory leadership campaign pledge he made to fine patients in England £10 if they miss GP or hospital appointments. He made the pledge during this summer's l… [+3449 chars] readmore...

The ENCHANTED2/MT trial, which was investigating intensive lowering of blood pressure in acute ischemic stroke patients after mechanical thrombectomy, has been stopped early due to safety concerns.

A large randomized trial that was investigating intensive lowering of blood pressure in acute ischemic stroke patients who had undergone mechanical thrombectomy has been stopped early because of safe… [+9545 chars] readmore...

The agency placed a premium on low cost, high impact security efforts, which account for more than 40% of the goals.

The Cybersecurity and Infrastructure Security Agency released its long-awaited, cross sector cybersecurity performance goals Thursday, in a bid to raise the security baselines. Far from esoteric, the… [+1566 chars] readmore...

Red Bull have been fined $7m (£6.05m) after breaching Formula One’s budget cap, the FIA has announced

Red Bull have been given a $7m (£6.05m) fine and a 10% reduction in aerodynamic testing for breaching the 2021 cost cap. The FIAs decision was issued on Friday having concluded an agreed breach agree… [+5138 chars] readmore...

Musk is in charge of the social media platform and has fired its CEO and other executives, numerous reports say. Musk tweeted, "the bird is freed."

Elon Musk has taken control of Twitter and ousted its CEO and at least two other top executives, according to numerous reports. Two people familiar with the deal told The Associated Press Thursday n… [+4897 chars] readmore...

Fuel prices will increase on Wednesday after the rand weakened and oil price rose in October.

On Wednesday, the price of unleaded petrol (both 93 and 95), will increase by 51c a litre, while diesel will rise by R1.43 a litre. This will push the Gauteng price of diesel to R25.49 a litre - a n… [+1862 chars] readmore...

The Supreme Court of Canada has ruled that a 2011 change to the Criminal Code requiring sex offenders to automatically be added to the sex offenders registry is unconstitutional.

The Supreme Court of Canada has ruled that a 2011 change to the Criminal Code requiring sex offenders to automatically be added to the sex offenders registry is unconstitutional. In a five to four s… [+5369 chars] readmore...

Samajwadi Party leader Azam Khan's assembly seat was declared vacant by the Uttar Pradesh speaker this evening, formalising his disqualification as the MLA from the Rampur seat.

Samajwadi Party leader Azam Khan's assembly seat was declared vacant by the Uttar Pradesh speaker this evening, formalising his disqualification as the MLA from the Rampur seat. Mr Khan, Vidhan sabh… [+1461 chars] readmore...

A team of researchers at Shanghai Jiao Tong University, working with a pair of colleagues from Harvard University, has developed a new way to synthesize single quantum nanomagnets that are based on metal-free, multi-porphyrin systems. In their paper published…

A team of researchers at Shanghai Jiao Tong University, working with a pair of colleagues from Harvard University, has developed a new way to synthesize single quantum nanomagnets that are based on m… [+2735 chars] readmore...

PHILADELPHIA – The University of Pennsylvania's men's and women's fencing teams open their regular season this weekend with the Temple Open, joining 21 varsity and three club teams from around the country.

Thanks for visiting ! The use of software that blocks ads hinders our ability to serve you the content you came here to enjoy. We ask that you consider turning off your ad blocker so we can deliver… [+81 chars] readmore...

The UK Health and Security Agency has warned rapid growth has been identified in the strains

Sign up for our free Health Check email to receive exclusive analysis on the week in health Get our free Health Check email Two new strains of coronavirus have emerged in the UK, health officials h… [+2669 chars] readmore...

Quentin Tarantino is setting the record straight on Kanye West’s claims that the director stole his idea for the plot for his Oscar-winning film Django Unchained. West made the claim in an interview earlier this week with Piers Morgan, telling Morgan he pitch…

Quentin Tarantino is setting the record straight on Kanye West’s claims that the director stole his idea for the plot for his Oscar-winning film Django Unchained. West made the claim in an interview… [+1331 chars] readmore...

U.S. equities elbowed their way past an earnings miss from Amazon to open higher Friday after a rough week of third-quarter financials from Big Tech.

U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech result… [+3559 chars] readmore...