Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai will provide additional funding.
Source: autonews.com
The Subaru Outback Is In Uncharted Waters Now
Follow us today... Are you looking to purchase a 2024 Subaru Outback? If so, you'll want to read this and find out what's new with Subaru's popular midsize SUV. Recently, Consumer Reports (by subscription) updated its data on the most discounted new cars you can buy now. It’s a surprise to me that the Outback is now on the list. It's hard to believe that the … [Read More...]
Maruti Suzuki inaugurates 3,000th Arena sales outlet in India
By: Paarth Khatri | Updated on: 17 May 2024, 15:47 PM Share via: Maruti Suzuki recently launched fourth-gen Swift in the Indian market that will go on sale through Arena dealerships. Maruti Suzuki Arena dealerships are located across 2,500 towns and cities nationwide. Maruti Suzuki India Limited has announced that they have integrated the 3,000th Arena sales … [Read More...]
REI Anniversary Sale 2024 is now live: Explore these deals through May 27, while supplies last
Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. Gear up for adventure with REI's much-anticipated Anniversary Sale, happening now through May 27th. As the outdoors beckons with warmer weather and longer days, there’s no better time to upgrade your equipment and apparel. REI has unleashed a treasure trove of deals, and with … [Read More...]
VW partner Umicore replaces CEO and will review EV battery business
Umicore, a major supplier to Volkswagen Group, replaced its CEO and will reassess spending plans for its battery materials business due to the industrywide slowdown in electric-vehicle demand. Bart Sap, the executive vice president for Umicore’s catalysis business, which makes key components for combustion-engine vehicles, takes over from Mathias Miedreich as CEO effective Thursday. Miedreich … [Read More...]
Turkey holds 'advanced' talks with BYD, Chery for EV plants
Turkey is in advanced negotiations with Chinese automakers BYD and Chery for factory investments in the country, a step that could help the companies boost sales to Europe. “We would like to complete the talks as soon as possible. We have come a long way with both of them,” Minister of Industry and Technology Fatih Kacir told Bloomberg in an interview in Ankara. Separate negotiations with SAIC, … [Read More...]
Fourth-Generation Bentley Continental GT to be revealed in June
By: HT Auto Desk | Updated on: 17 May 2024, 13:04 PM Share via: The new-generation Bentley Continental GT will be using the brand’s new Ultra Performance Hybrid powertrain packing a whopping 772 bhp and 1,000 Nm. Bentley first launched the Continental GT back in 2002. The new-generation Bentley Continental GT is due to arrive this year and the British marquee … [Read More...]
Tesla gets local council go-ahead for German factory expansion
The expansion is part of Tesla's plan to double the site's capacity to 100 gigawatt hours of battery production and 1 million cars per year. Source: autonews.com … [Read More...]
Ampere Magnus & Reo Li electric scooters get price cuts. Check revised prices
By: HT Auto Desk | Updated on: 17 May 2024, 12:03 PM Share via: The prices of the Magnus and Reo Li electric scooters have been dropped by almost ₹10,000. The Ampere Nexus gets 5 riding modes and a top speed of 93 kmph. It will take on the Ather Rizta, Ola S1 Air, TVS iQube and Bajaj Chetak Greaves Electric Mobility Private Limited (GEMPL), the e-mobility … [Read More...]
Honda to use F1-inspired tech to in its upcoming electric cars. Check details
By: HT Auto Desk | Updated on: 17 May 2024, 10:09 AM Share via: <!--Honda has promised seven new EVs by 2030. Each of these models would be developed from the ground up with a focus on a lighter weight and a more efficient drive.--> Honda has promised seven new EVs by 2030. Each of these models would be developed from the ground up with a focus on a lighter weight and a … [Read More...]
Elon Musk Shares That FSD Take Rate Is Much Higher Than 2%, As Was Reported Incorrectly
Follow us today... FSD Take Rate Much Higher Than 2% According to Electrek, the take rate for FSD after the 30-day free trial was a mere 2%. Electrek reported the following: Only 2% of Tesla Full Self-Driving trial users end up buying it, credit card data show. Electrek said it was according to the credit card data, but I couldn't find what credit card data … [Read More...]