American auto-safety regulators have said their probe into Tesla's Autopilot feature found that it was involved in at least 13 fatal crashes. The probe also found the company's claim did not match up to reality. It found evidence that "Tesla's weak driver engagement system was not appropriate for Autopilot's permissive operating capabilities", which resulted in a "critical safety gap".

The US National Highway Traffic Safety Administration (NHTSA) will investigate Tesla after receiving reports of 20 crashes in recent months. The crashes involved vehicles that had received an updated version of Tesla's driver assistance system, Autopilot, under a recall. Tesla recalled over 20 lakh cars in December to install new safeguards in the system.

Maruti Suzuki reported a net profit of ₹3,878 crore for the fourth quarter of FY24, up 48% from the same period a year ago. Its revenue also surged roughly 20% to ₹38,235 crore in Q4. The automaker's board has recommended a dividend of ₹125 per share for FY24, marking the highest-ever dividend in its history.

Auto components maker Schaeffler India on Thursday reported a 3.8% rise in first-quarter profit, boosted by demand in its automotive segment.The Indian unit of Germany's Schaeffler AG said profit rose to 2.28 billion rupees ($27.36 million) for the three months ended March 31 from 2.19 billion rupees a year earlier.

Bajaj Auto plans to launch the world's first commercially available CNG-powered bike, a move amidst the rising popularity of EVs. With its history of CNG three-wheelers, Bajaj aims to transfer this technology to motorcycles. Despite the potential for lower running costs and emissions, challenges remain in pricing, infrastructure, and market acceptance compared to electric alternatives.

According to the report by ExperiencesWithEV, a research analysis firm that tracks the EV sector in India, Six months ago, there were 21 charge point operators (CPOs) with at least 15 charging guns in a state/UT. However, now there are 23 CPOs with at least 20 charging guns. The CCS2 charging points have risen in Haryana, Rajasthan, and Kerala

Elon Musk-led Tesla is laying off 6,020 employees in Texas and California amid slowing demand for its cars and falling margins. Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting June 14. Last week, Tesla announced an over 10% cut in its global workforce, affecting 14,000 employees.

Elon Musk-led Tesla reported a 55% fall in its net profit from $2.51 billion to $1.13 billion year-over-year during the quarter between January and March. Its revenue fell 9%, its first drop since the pandemic in 2020 and the steepest it has seen since 2012. This comes amid layoffs at Tesla and several recalls of vehicles.

The Honda Amaze sub-compact sedan has seen a decline in its safety rating from four stars to two stars in the latest Global NCAP crash tests. Concerns have been raised regarding the sedan's ability to ensure the safety of child occupants, highlighting the need for enhanced safety features and standards in the automotive industry.

Tesla has emerged as the cheapest car brand to maintain with a 10-year maintenance and repair cost of $4,035, according to Consumer Reports. Buick and Toyota had the second lowest maintenance cost of $4,900, followed by Lincoln ($5,040), Ford ($5,400) and Chevrolet ($5,550). German brands Porsche, Mercedes-Benz, Audi and BMW ranked as some of the most expensive ones to maintain.