Category: Newswire

World NM: Mahindra inaugurates new SUV proving track in Tamil Nadu001464

The age-old city of Kanchipuram, in Tamil Nadu, is known for its magnificent temples and exquisite silk wear. Mahindra officially opened the doors to the MSPT, for Mahindra engineers to test the SUV products in a variety of terrains and simulations. The Mahindra SUV Proving Track will house the very strategic 4×4 Center of Excellence… Continue reading World NM: Mahindra inaugurates new SUV proving track in Tamil Nadu001464

World NM: If You Like the Porsche 911, You Should See This Hour-long Documentary About It001462

Porsche’s 911 is an automotive icon, and each unit has been built in the same factory since 1963. Even if you are not a fan of the 911, you should watch this documentary on its production from start to finish, made by the German newspaper Welt. German legislation requires a… (continue reading…) Go to Source

World NM: Jeep Gladiator Production Halting One Week Over Chip Shortage001460

From the PlayStation 5 to the Huawei P50 that ships with fourth-generation connectivity instead of 5G technology, the chip shortage affects many industries. The auto sector is especially incapacitated, and the latest automobile to feel the semiconductor crunch is the Gladiator. Accord… (continue reading…) Go to Source

World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001459

Ford has been stockpiling vehicles for some time now, as the American automaker is no stranger to the global chip shortage. According to chief financial officer John Lawler, the Blue Oval still has 60,000 to 70,000 vehicles waiting for semiconductors. Once those parts are fitted, the vehicles will be ready for delivery. In early July,… Continue reading World NM: Ford Has Over 60,000 Incomplete Vehicles Because of the Global Chip Shortage001459

World NM: 2022 Chevrolet Corvette Production Now Reportedly Pushed Back to Late September001458

Delays, additional delays, and more delays have apparently been the name of the game for the automotive industry over the past couple of years. First, you know who struck a huge blow to our health and sent the world spiraling down into an economic crisis. Secondly, the chip shortage showed our technology-driven society is as… Continue reading World NM: 2022 Chevrolet Corvette Production Now Reportedly Pushed Back to Late September001458

World NM: Amara Raja Batteries Q1 profit doubles to Rs 167 crore001458

Revenue stood at Rs 1,886 crore as compared to Rs 1,151 crore in the same period. Even as the current quarter was impacted by lockdowns due to pandemic, the aftermarket demand across product segments in both automotive and industrial segments remained strong. The company’s industrial and automotive batteries are exported to countries in the Indian… Continue reading World NM: Amara Raja Batteries Q1 profit doubles to Rs 167 crore001458

Otonomo Technologies Ltd. and Software Acquisition Group Inc. II Announce Closing of Business Combination

HERZLIYA, ISRAEL, Aug. 13, 2021 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (“Otonomo”) (Nasdaq: OTMO), a premier one-stop shop for vehicle data, and Software Acquisition Group Inc. II (Nasdaq: SAII) (“Software Acquisition Group”), a publicly traded special purpose acquisition company, today announced the completion of their previously announced business combination to form a leading mobility data platform… Continue reading Otonomo Technologies Ltd. and Software Acquisition Group Inc. II Announce Closing of Business Combination

World NM: The Bugatti Bolide Concept Is Going Into Production as a Track-Only Toy001457

October 2020 is when Bugatti wowed us with the Bolide, a track-only concept with 1,825 horsepower on tap. Not even a year later, the hypercar has been confirmed for limited production at The Quail. As opposed to the functional design study, the limited-production Bolide belts out 1… (continue reading…) Go to Source

Hagerty Media Named Official Media Partner of the Pebble Beach Concours d’Elegance

“Attending Pebble Beach is a dream for car fanatics,” said Larry Webster, senior vice president of Hagerty Media. “But for those who can’t be here this year, our livestream is a dream come true. We’re excited to partner with the Pebble Beach Concours d’Elegance to help expand their reach.”  During the Pebble Beach Concours d’Elegance,… Continue reading Hagerty Media Named Official Media Partner of the Pebble Beach Concours d’Elegance