Auto Sector

Tesla Motors is facing the heat over its suspension problem related issues in its Model S as the media obsession with the company turned out to be a double-edged sword.

Drivers of New Zealand Uber Drivers' Association are saying that they are facing a noticeable drop in their income but a rise in workload as the company's fare prices have dropped.

Last year a legislation approved by the Congress was endorsed as a law which comes into effect today, which makes it necessary for rental car companies which have fleets exceeding thirty five vehicles, to pull out all recalled vehicles until they are repaired.

Ride hailing services like Uber and Lyft face another stumbling block in Missouri this year, as lawmakers failed to make things easier for the ride sharing services in this legislative session.

Takata Corp, the air bag maker from Japan has been losing money continuously due to the recall of hundred thousands of its faulty airbags.

The shares of Japanese auto major, Suzuki fell significantly after some reports in the country indicated that the company might have found a problem with its fuel economy testing.