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Thailand to offer investment incentives for makers of hybrid vehicles

Reuters, Published on 26/07/2024

» Regional auto making hub Thailand will introduce investment incentives for manufacturers of hybrid vehicles, its Board of Investment (BOI) said on Friday, with excise taxes for hybrids to be lowered from 2028 to 2032.

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Ferrari sued by drivers over brake defect

Reuters, Published on 19/03/2024

» NEW YORK - Ferrari has been sued in the United States by drivers who said the Italian luxury sports car maker has failed to fix vehicles at risk of a partial or total loss of braking capability.