Biden aims to juice EV sales, but would his plan work?

David Kirsch, a professor of strategy and entrepreneurship at the University of Maryland, said the Biden plan isn’t really a tipping point that will turn consumers from combustion to electric vehicles. DETROIT: Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck… Continue reading Biden aims to juice EV sales, but would his plan work?

Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr

Tata Motors has partnered the Indian defence establishment in various strategic programmess such as MRSAM, Aakash, Agni, BrahMos, etc. Tata Motors on Thursday said it has completed the transfer of its defence business with effect from April 1 to Tata Advanced Systems Ltd (TASL) for an upfront consideration of Rs 227.7 crore. The transfer has… Continue reading Tata Motors completes transfer of defence biz to TASL for consideration of Rs 227.7 cr

@BMW: BMW of North America Reports Q1 2021 U.S. Sales Results.001032

WOODCLIFF LAKE, N.J.–(BUSINESS WIRE)–BMW of North America reported today sales results for Q1 2021 for the BMW and MINI brands in the U.S.* BMW Brand In the first quarter of 2021, BMW brand sales totaled 71,433 vehicles, a 20.1% increase from the 59,455 vehicles sold in the first quarter of 2020. MINI Brand MINI brand… Continue reading @BMW: BMW of North America Reports Q1 2021 U.S. Sales Results.001032

Microsoft’s cloud services are down again, possible DNS issue

It has only been a couple of weeks since the last big Microsoft outage, and once again its growing network of cloud-operated service is struggling. Windows Central points out an Azure Status tweet indicating problems in the network, and reported they had problems even pulling up Bing. I was able to access some aspects of… Continue reading Microsoft’s cloud services are down again, possible DNS issue

Ford dealer: Cars are the new version of toilet paper panic

Despite only a slight increase in overall sales so far this year, it’s a new day in paradise, some Ford Motor Co. dealers said Thursday. Business for them has seen a dramatic uptick since the coronavirus pandemic shut down cities and dealerships across America. With safety protocols in place and used car prices up, new car… Continue reading Ford dealer: Cars are the new version of toilet paper panic

GM reports first-quarter sales gain, record prices despite tight inventory

General Motors reported Thursday its first-quarter new car sales inched up 4% in the United States on demand for full-size and midsized pickups and SUVs.   GM said it sold 642,250 total new vehicles in the first three months of  the year compared with 618,335 sold in the same period a year ago. GM also set a first-quarter record with average transaction… Continue reading GM reports first-quarter sales gain, record prices despite tight inventory

@Ford: Ford Electrified Vehicle Sales Up 74 Percent on Strong Sales of Mustang Mach-E and F-150 PowerBoost Hybrid; F-Series Up 9.2 Percent; Ford Bronco Sport Powers Ford Brand SUVs To Best Retail Start in 20 Years; Lincoln SUVs – Best Retail Start Since 2001

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing… Continue reading @Ford: Ford Electrified Vehicle Sales Up 74 Percent on Strong Sales of Mustang Mach-E and F-150 PowerBoost Hybrid; F-Series Up 9.2 Percent; Ford Bronco Sport Powers Ford Brand SUVs To Best Retail Start in 20 Years; Lincoln SUVs – Best Retail Start Since 2001

@GM: GM’s First Quarter U.S. Retail Sales Grow 19 Percent April 1, 2021

GM’s First Quarter U.S. Retail Sales Grow 19 Percent GMC and Chevrolet continue to dominate full-size SUV segment Cadillac and Buick retail deliveries both increased by 43 percent Chevrolet’s all-electric Bolt EV delivered its best first-quarter sales ever Sales to small businesses were up 27 percent in the quarter GM sets first-quarter record with average… Continue reading @GM: GM’s First Quarter U.S. Retail Sales Grow 19 Percent April 1, 2021

Tesla is selling electric car credits to Volkswagen in China

A new report states that Tesla is selling electric car credits to Volkswagen in China, as the latter hasn’t managed to catch up to the zero-emission mandate yet. In 2018, China implemented a zero-emission mandate to force automakers to build more electric vehicles in the country. By the end of last year, automakers had to… Continue reading Tesla is selling electric car credits to Volkswagen in China