Follow us today... April's performance of the Subaru Ascent midsize 3-row SUV was dismal again. The family hauler has declined for ten consecutive months, and Subaru of America (SOA) should be worried. I would say the Ascent won't turn around until it gets significant upgrades. The Ascent is now in its sixth year of its life cycle, and it's due for a complete remodel. … [Read more...]
Lexus India marks another positive year with 63% growth in FY24. Check details
By: HT Auto Desk | Updated on: 06 May 2024, 15:39 PM Share via: Lexus India stated that the flagship model, Lexus ES300h has been a cornerstone of the brand's growing popularity in India. Lexus India launched the NX 350h Overtrail and LM 350h since Janurary 2024 Japanese luxury carmaker, Lexus India has recorded 63 per cent year-on-year (YoY) growth in the … [Read more...]
French carmakers target fourfold jump in EV sales by 2027
PARIS, (Reuters) – France’s car industry will aim to ramp up electric car sales fourfold by 2027 under a strategy agreement to be signed with the government on Monday, just as the president of China embarks on a state visit in the country. French President Emmanuel Macron has set a goal for the nation’s carmakers to produce two million electric or hybrid vehicles by the end of the decade, even as … [Read more...]
Volvo Cars April sales rise on strong EV demand
COPENHAGEN, (Reuters) – Volvo Cars’ sales rose 27% in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the Sweden-based group said on Monday. Volvo Cars, majority-owned by China’s Geely Holding, said in a statement sales of fully electric cars were up 94% and accounted for 26% of all sales globally in the month. Sales in Europe, Volvo Cars’ biggest … [Read more...]
Volvo sales rise on strong EV demand in April
Volvo sales rose 27 percent in April to 65,838 cars, boosted by demand for EVs, which accounted for 26 percent of all sales globally in the month. Source: autonews.com … [Read more...]
France sets new targets for EV sales amid growing Chinese competition
A pact between the government, French business groups and unions aims for a fourfold increase in the sale of BEVs to 800,000 a year in 2027. Source: autonews.com … [Read more...]
Citroen Basalt spied, showcasing details similar to concept model. Check details
By: HT Auto Desk | Updated on: 06 May 2024, 13:30 PM Share via: <!--The Citroen Basalt, positioned as the third installment in Citroen's C-Cubed program following the C3 and C3 Aircross, seeks to allure Indian consumers with its fusion of style, performance, and cutting-edge features.--> The Citroen Basalt, positioned as the third installment in Citroen's C-Cubed program … [Read more...]
2025 Mercedes-AMG CLE53 Cabriolet Is a Buff and Sporty Softtop
Mercedes is releasing a convertible version of the Mercedes-AMG C53 coupe that will have up to 443 horsepower. All-wheel drive and rear-wheel steering are both standard, and there's an optional Drift mode.U.S. buyers will get the CLE53 Cabriolet in the second half of this year. As night follows day, coupes spawn convertibles. As we have just driven the new Mercedes-AMG CLE53 coupe for the … [Read more...]
EU warns BYD, Geely, SAIC over insufficient information in anti-subsidy probe, report says
The China Chamber of Commerce to the EU said the reported allegations of non-cooperation were unfounded and that the companies had participated in multiple rounds of questionnaires and facilitated on-site inspections. Source: autonews.com … [Read more...]
Toyota Innova Crysta gets new mid-spec variant. Check details
By: HT Auto Desk | Updated on: 06 May 2024, 12:56 PM Share via: <!--The Toyota Innova Crysta GX+ comes with enhanced features, including a silver surround piano black grille and 17-inch diamond-cut alloy wheels compared to the GX variant. On the inside, it boasts wood finish interior panels, auto-fold mirrors, and DVR, surpassing the base model's offerings.--> The Toyota … [Read more...]
Mahindra, Tata Motors receive record patent approvals in FY24
Source : PTI | Domestic automobile majors Mahindra & Mahindra and Tata Motors have received a record number of patent approvals for a wide spectrum of product and process innovations in the last financial year. Mahindra & Mahindra (M&M) received 674 approvals, its best-ever annual performance, while Tata Motors also witnessed the grant of 333 patents during the 2023-24 financial … [Read more...]
Indian EV startup makes offer to interns spurned by Elon Musk
Source : PTI | New Delhi: Bengaluru-based electric vehicle startup Pravaig Dynamics has made offers to Tesla interns, who saw their offers getting revoked weeks before their start date, inviting them to join the Silicon Valley of India that will recognize and appreciate their talents. Tech billionaire Elon Musk’s latest cost-cutting victims are summer interns with his flagship Tesla Inc, … [Read more...]
Mahindra XUV 3XO vs Hyundai Venue: Which compact SUV to choose
By: HT Auto Desk | Updated on: 06 May 2024, 09:54 AM Share via: <!--Mahindra XUV 3XO comes closely competing with tough rivals like Tata Nexon, Maruti Suzuki Brezza, Hyundai Venue and Kia Sonet in the intensely competitive compact SUV segment of the Indian passenger vehicle market.--> Mahindra XUV 3XO comes closely competing with tough rivals like Tata Nexon, Maruti … [Read more...]
Fiat CEO: 500e EV an ‘urban Tesla'
In an interview with Automotive News Europe, Olivier Francois says the new 500e can open people's minds about the potential for EVs in urban areas. Source: autonews.com … [Read more...]
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace. Source: autonews.com … [Read more...]
Maruti Suzuki Swift in the age of SUVs: Can the updated hatchback make a mark?
Share via: Maruti Suzuki Swift is one of the hottest-selling car models in India but SUVs have taken a toll on its popularity. The 2024 Maruti Suzuki Swift is all set for its India launch in May. Maruti Suzuki Swift has been on Indian roads for over 19 years. Well over 25 lakh units of the model has been sold to Indian customers in these nearly two decades. A familiar … [Read more...]
France ramps up electric vehicle ambition as China President arrives in Paris
By: Bloomberg | Updated on: 06 May 2024, 08:20 AM Share via: The contract between the government, French business groups and unions aims for a fourfold increase in the sale of 100% EVs to 800,000 a year in 2027. The contract between the government, French business groups and unions aims for a fourfold increase in the sale of 100% EVs to 800,000 a year in 2027. … [Read more...]
US automakers win extension on use of Chinese graphite in EV tax credits
By: Reuters | Updated on: 06 May 2024, 06:47 AM Share via: <!--China currently accounts for 70% of the global output of graphite, which is used to make electric battery anodes, the negatively charged portion of the battery.--> China currently accounts for 70% of the global output of graphite, which is used to make electric battery anodes, the negatively charged portion of … [Read more...]
US ends Tesla cars' rear-view camera investigation after 2021 recall
By: Reuters | Updated on: 06 May 2024, 06:40 AM Share via: Tesla agreed to the recall to address touchscreen failures under pressure from NHTSA after the agency sought a callback in a formal letter. Tesla agreed to the recall to address touchscreen failures under pressure from NHTSA after the agency sought a callback in a formal letter. (REUTERS) The U.S. … [Read more...]
Tesla’s lofty AI dreams already baked into towering valuation
By: Bloomberg | Updated on: 06 May 2024, 06:34 AM Share via: <!--Tesla’s market capitalization of $574 billion — bigger than the combined value of General Motors Co., Ford Motor Co. and Toyota Motor Corp. — is becoming further unmoored from its core EV operations.--> Tesla’s market capitalization of $574 billion — bigger than the combined value of General Motors Co., Ford … [Read more...]
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