Daimler trucks The disruptions in the supply chain are less extensive than in autumn. (Photo: dpa) Against the weak market trend, the shares of Daimler Truck climbed. The truck manufacturer’s shares from the leading German index Dax rose by more than one percent after the Swedish competitor Volvo raised its market expectations. Volvo expects to… Continue reading German Handelsblatt: Chart of the day: Daimler Truck benefits from Volvo006749
Category: Automotive
Accel leads $10m funding in EcoSoul Home and India deals worth $64mThe financing also saw participation of Singh Capital Partners.
EcoSoul Home Inc, a home essentials products startup, on Thursday announced it has raised $10 million in a Series A round led by Accel. The financing also saw the participation of Singh Capital Partners, the startup said in a statement. Founded in 2020, EcoSoul has launched several products in India and has expansion plans for… Continue reading Accel leads $10m funding in EcoSoul Home and India deals worth $64mThe financing also saw participation of Singh Capital Partners.
New all-electric Abarth 500e makes first UK appearance
Olivier François, CEO of both Fiat and Abarth, said: “The new Abarth 500e is one of the most exciting launches in the history of the brand: a great new addition to the Abarth line-up. I like to think of it as family, so our fanbase will be involved in every step of our electrification journey.” He… Continue reading New all-electric Abarth 500e makes first UK appearance
Hennessey Venom F5 Roadster makes UK debut at Salon Privé
The Hennessey Venom F5 Roadster made its public debut in the UK at Salon Privé 2023 in London as the open-top variant of the Texan firm’s Venom F5. It is fitted with the same 1817bhp Fury V8 engine and is expected to become the world’s fastest convertible, with a claimed top speed over 300mph. Created after an… Continue reading Hennessey Venom F5 Roadster makes UK debut at Salon Privé
Stellantis testing 28 engine families for synthetic fuel compatibility
Stellantis has announced that it’s finalising testing of 28 engine families for compatibility with e-fuels, which it claims can provide a 90% reduction in CO2 emissions. E-fuels are a type of sustainable fuel produced using green hydrogen, itself made from water and renewable energy. This green hydrogen is combined with carbon – often by using… Continue reading Stellantis testing 28 engine families for synthetic fuel compatibility
New 2023 MG HS gains sharper styling and updated tech
The MG HS has received upgraded technology, an improved infotainment system and a more aggressive-looking front end as part of a facelift. The SAIC-owned manufacturer’s flagship SUV now features a sharper-lined front bumper and more pronounced beltline, alongside a wider grille and multifunction LED headlights that have also grown in size to enhance the model’s credentials as the… Continue reading New 2023 MG HS gains sharper styling and updated tech
Editor’s letter: Why the Land Rover brand is not disappearing
Some familiar model names are disappearing with the switch to electrification, the biggest scalp so far being Ford’s Fiesta and also some continued questions over perhaps the most famous car name of all: Golf. JLR, as Jaguar Land Rover has formally renamed itself this week, has some incredibly powerful nameplates of its own, including Range… Continue reading Editor’s letter: Why the Land Rover brand is not disappearing
Ford F-150 Lightning: 563bhp EV pick-up to go on sale in Norway
The Ford F150 Lightning will go on sale in Europe later this year, with Norway becoming the first country outside of North America to receive the firm’s all-electric pick-up truck. Ford says a limited number of special launch edition models will be available to order in the Scandinavian country, which has the highest uptake of… Continue reading Ford F-150 Lightning: 563bhp EV pick-up to go on sale in Norway
Magna Celebrates a Production Milestone: 500,000 Mercedes G-Class Vehicles
Magna International Inc. Magna’s Graz Production Facility Magna milestone reached: 500,000 Mercedes G-Class vehicles produced A half a million G-Class vehicles have rolled out of Graz Significant milestone in the long-term partnership with Mercedes-Benz Milestone reflects Magna´s long history as leading contract manufacturer GRAZ, Austria, April 20, 2023 (GLOBE NEWSWIRE) — The Mercedes G-Class is… Continue reading Magna Celebrates a Production Milestone: 500,000 Mercedes G-Class Vehicles
Lear (LEA) Reports Next Week: Wall Street Expects Earnings Growth
Lear (LEA) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Lear (LEA) Reports Next Week: Wall Street Expects Earnings Growth