SINGAPORE/HANOI, June 28 (Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm Thaco Auto in a deal that could value the unit at around $5 billion, two people familiar with the matter said. Truong Hai Group is in talks with a…
Arrested: Queensland man selling utes with wound-back odometers
A Gold Coast man is wishing he could turn back time after he was arrested for allegedly tampering with the odometers of used cars, to hide how many kilometers the vehicle had really clocked up. View 2 images A 27-year-old man in Queensland has been arrested by detectives from the Gold Coast Major and Organized…
Terra Launches Its First Fleet of Electric Motorbikes
TERRA TECH Ltd. (Terra), the MENA region’s first B2B-focused micro-mobility tech startup providing electric motorbikes with swappable battery solutions, has announced the arrival of their first fleet of electric motorbikes to their warehouse in Al Quoz. This marks a significant milestone for the startup as it supports the UAE’s Year of Sustainability. The firm also…
Car Repair Simulator codes [June 2023]: Free Gems and Coins
26th June 2023: We checked for new Car Repair Sim codes. Ever dreamed of becoming a mechanic, but don’t know your wrench from your ratchet? Then Car Repair Simulator is the Roblox game for you. This experience puts you in charge of a brand new garage which you’ll have to grow from scratch. To make…
Investing in a New Windshield Offers Clear Visibility
Making sure that you can see clearly when behind the wheels of a vehicle is essential to keep yourself and your passengers safe. A new windshield installation can be a practical way to ensure the best visibility and to reduce the risk of accidents for yourself, your family, and friends when driving in Tampa, FL….
Automotive pioneer Gerald C. Meyers, former CEO of American Motors, died at 94
Gerald C. Meyers, who went from top product engineer to CEO at American Motors Corp. during an era that produced the AMC Pacer and Gremlin vehicles, died on June 19. Meyers, 94, died of natural causes at his home in West Bloomfield, according to his family. The son of a successful immigrant tailor from Poland,…
Hyundai is undecided where it will expand EV manufacturing; Canada ‘on the list’
Romano said Hyundai has had “a lot” of such conversations with the government. And while Hyundai’s focus is on Georgia today, the US $5.5 billion plant, going up northwest of Savannah, is unlikely to produce enough vehicles to meet the government’s EV targets on its own, he added. This need for a larger North American…
Tesla’s 20-year transformation of the auto industry
“Over time we should cover all areas. It would probably make sense to develop a compact car as well as a van or minivan,” Musk said in September 2020 in a – rare – interview with Automotive News Europe sister publication Automobilwoche. Meanwhile, the model plans have progressed further, but there is a lack of…