The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X. Go to Source
Category: US Motoring Press
Ford to record $600 million pretax pension charge in fourth quarter
A 2025 Ford Lightning electric vehicle (EV) at a Ford dealership in Antioch, California, US, on Thursday, Dec. 18, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT — Ford Motor said it will report pretax charges of $600 million in its fourth-quarter results due to adjustments in its employee pension plans and other… Continue reading Ford to record $600 million pretax pension charge in fourth quarter
New cars are increasingly becoming a luxury amid K-shaped economy concerns
A General Motors Co. Chevrolet Blazer electric vehicle at a dealership in Colma, California, Jan. 23, 2026. David Paul Morris | Bloomberg | Getty Images DETROIT — American consumers are hitting a fork in the road when it comes to the U.S. automotive industry. Affluent buyers are purchasing new vehicles at increasingly higher prices, while… Continue reading New cars are increasingly becoming a luxury amid K-shaped economy concerns
Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
watch now At Tesla’s factory in Fremont, California, the automaker plans to make robots instead of its older cars, as it gears up to spend $20 billion this year to fund what it views as a business transformation. “Forget the Tesla you knew,” wrote analysts at Canaccord Genuity, in a note following Tesla’s fourth-quarter earnings… Continue reading Elon Musk’s $20 billion spending plan signals ‘Tesla of yesterday is gone’
Bajaj Auto Lines Up Product Blitz To Chase Double-digit Two-wheeler Growth
With an aim to regain lost market share, Bajaj Auto is sustaining its new product launch plan in 2026, with eight new motorcycle offerings planned over the next four to five months as part of a wider 15-model product plan spanning 2025 and 2026. The upcoming launches follow seven product introductions since Diwali, bringing the… Continue reading Bajaj Auto Lines Up Product Blitz To Chase Double-digit Two-wheeler Growth
Wild Bentley Bentayga off-road concept could make production
Bentley could build a more off-road-biased version of its Bentayga SUV, previewed by the extreme new X Concept. Developed so Bentley can “stimulate and gain feedback” for such a car, it is based on the existing Bentayga Speed, with a twin-turbo 4.0-litre V8 sending 641bhp to all four wheels. It rides 55mm higher and 40mm wider than… Continue reading Wild Bentley Bentayga off-road concept could make production
Volkswagen Golf GTI Edition 50
There is quite a bit more rasping audible presence about the Edition 50’s exhaust note than a regular GTI has, once that Akropovic system has its active valves open. That’s especially true if you use the car’s little-known ‘emotion start’ feature, which comes with higher revs and a few pops and crackles for good measure.… Continue reading Volkswagen Golf GTI Edition 50
Bajaj Auto Approves Rs. 12 Crore Investment in Clean Energy Project
Bajaj Auto Limited announced today that its Board of Directors has approved an additional investment of up to Rs. 12 crores in Clean Max Godavari Private Limited (CMGPL), a renewable energy company. The investment will enable Bajaj Auto to source wind and solar power for its manufacturing plants in Maharashtra through an Open Access Group… Continue reading Bajaj Auto Approves Rs. 12 Crore Investment in Clean Energy Project
Bajaj Auto Sees Steady Two-Wheeler Demand in Coming Months After GST Boost
Bajaj Auto expects domestic two-wheeler demand to remain healthy over the next few months, supported by improving consumer sentiment after GST rationalisation, and a shift towards higher-value products. “Immediate term, the next three to four months look good,” Rakesh Sharma, Executive Director at Bajaj Auto, said during a media call to discuss the company’s December… Continue reading Bajaj Auto Sees Steady Two-Wheeler Demand in Coming Months After GST Boost
Bajaj Auto Sees Steady Two-Wheeler Demand in Coming Months After GST Boost
Bajaj Auto expects domestic two-wheeler demand to remain healthy over the next few months, supported by improving consumer sentiment after GST rationalisation, and a shift towards higher-value products. “Immediate term, the next three to four months look good,” Rakesh Sharma, Executive Director at Bajaj Auto, said during a media call to discuss the company’s December… Continue reading Bajaj Auto Sees Steady Two-Wheeler Demand in Coming Months After GST Boost