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
Tesla remains silent and yet to communicate its India plans, says official
By: HT Auto Desk | Updated on: 19 May 2024, 10:12 AM Share via: <!--Despite the Indian government announcing a new EV policy in March 2024, Tesla is yet to communicate anything regarding its plan to set up business in India.--> Despite the Indian government announcing a new EV policy in March 2024, Tesla is yet to communicate anything regarding its plan to set up business … [Read More...]
Aston Martin eyes rugged off-road SUV inspired by supercar performance: Reports
By: HT Auto Desk | Updated on: 19 May 2024, 10:04 AM Share via: Internally known as "Project Rambo," the new Aston Martin SUV is currently in the evaluation phase, with various design proposals being considered. Speculation suggests that Aston Martin might also equip the new SUV with its 823 bhp and 1000 Nm V12 engine The global craze for SUVs has reached … [Read More...]
Leo Michael cartoon: CCP = Can't Compete on Price
President Joe Biden is hiking tariffs on a wide range of Chinese imports — including semiconductors, batteries, solar cells, and critical minerals — in an election-year bid to bolster domestic manufacturing in critical industries. Source: autonews.com … [Read More...]
Some used-vehicle-only retailers in the U.S. (revenue in millions)
The 25 used-vehicle-only retailers on this list collectively sold 1,530,836 retail vehicles in 2023, down 9.2 percent from 1,685,716 in 2022. The 2022 total includes 24 groups as Zoom Automotive, of Bristol, Tenn., did not report sales that year. Source: autonews.com … [Read More...]
Indian government expects a good response from many companies on EV policy
Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said that in the policy, the government has used tariff tweaks without actually spending any money to seek commitments from manufacturers to set up a base in India. "Everybody talks about one company (US-based EV major Tesla), but we are expecting responses from many companies to that policy," … [Read More...]
Mahindra Scorpio N, Bolero Neo and Thar become pricier by up to ₹25,000
By: HT Auto Desk | Updated on: 19 May 2024, 08:48 AM Share via: Mahindra has increased the pricing of its three cars - Scorpio N, Bolero Neo and Thar. <div class="imgWrapper" data-item-event="image_clicked" data-ga-widget="Image Interactions" … [Read More...]
India won't make further changes in its EV policy to suit a specific company, says Amitabh Kant
By: ANI | Updated on: 19 May 2024, 08:07 AM Share via: Amitabh Kant's comment on Indian EV policy comes after Tesla CEO cancelled his proposed visit to the country in April. Amitabh Kant's comment on Indian EV policy comes after Tesla CEO cancelled his proposed visit to the country in April. India cannot have individual EV policies for every company, Amitabh … [Read More...]
Junkyard Gem: 1994 Volvo 850 Turbo Wagon
Volvo began selling brick-shaped rear-wheel-drive station wagons in the United States with the 145 in the 1968 model year, continuing the tradition with the 200, 700 and 900 series wagons and all the way through the very last 1998 V90s. The benefits of front-wheel-drive proved impossible for those Göteborgers to resist, though, and so the 850 was developed. The 850 sedan first appeared in the … [Read More...]
Check Out Honda’s Fuel-Cell Big Rig, Part of a ‘Hydrogen Future’
Class 8 FCEV will join the 2025 CR-V e:FCEV, a stationary Fuel Cell System, and a driverless Autonomous Work Vehicle at ACT. Source: caranddriver.com … [Read More...]
Morocco’s automotive industry shifts gears to prep for electric vehicle era
TANGIERS, Morocco — A train that travels from rural northern Morocco to a port on the Mediterranean Sea carries no passengers. Three times a day, it brings hundreds of cars stacked bumper to bumper from a Renault factory outside Tangiers to vessels that transport them to European dealerships. Business incentives and investing in infrastructure like the freight railway line have allowed Morocco to … [Read More...]