Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla reported better-than-expected fourth-quarter results after the bell on Wednesday, but revenue for the year dropped 3%, the first time on record the company has recorded an annual decline. The stock rose 3% in extended… Continue reading Tesla tops estimates for quarter, but wraps up first annual revenue drop on record
Category: US Motoring Press
Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Waabi founder and CEO Raquel Urtasun Courtesy of Waabi Autonomous trucking startup Waabi has raised $750 million in a new round of venture funding to expand into the robotaxi market, the company announced Wednesday. Waabi’s series C round is led by Khosla Ventures and G2 Venture Partners, the startup announced Wednesday. The deal is one… Continue reading Autonomous trucking startup Waabi raises $750 million to expand into robotaxis
Maruti Suzuki Says Demand Remains Strong in Q4; Supply Constraints Persist
Maruti Suzuki India said the current passenger vehicle demand environment remains strong and broad-based, with the carmaker constrained by supply rather than demand, as reflected in a large order backlog and historically low dealer inventories. Speaking to analysts after the company’s Q3 FY26 earnings call, Rahul Bharti, Executive Officer, Corporate Affairs at Maruti Suzuki India,… Continue reading Maruti Suzuki Says Demand Remains Strong in Q4; Supply Constraints Persist
Maruti Suzuki Accelerates Expansion to Add 5 Lakh Units Capacity as Post-GST Demand Surges
Maruti Suzuki India, the country’s largest carmaker, is preparing to add nearly 500,000 units of annual manufacturing capacity over the next year across two new plants and a greenfield facility in Gujarat. “The GST reform has not only boosted consumption, but has also accelerated private capex,” said Rahul Bharti, Executive Officer, Corporate Affairs. Speaking to… Continue reading Maruti Suzuki Accelerates Expansion to Add 5 Lakh Units Capacity as Post-GST Demand Surges
India To Lead Global Energy, Oil Demand With Higher Demand From Transport Sector, Says OPEC
India will be the single-largest contributor to global energy and oil demand growth through 2050 amid population growth and urbanisation, according to the Organisation of the Petroleum Exporting Countries (OPEC). Oil demand growth will be led primarily by road transport, with rapid growth in the passenger and commercial vehicle fleet. “We see that India is… Continue reading India To Lead Global Energy, Oil Demand With Higher Demand From Transport Sector, Says OPEC
Skoda hints at new Karoq as it bids to extend lifespan of ICE range
A new Skoda Karoq SUV looks to be on the cards after the Czech firm’s marketing boss said that it “would certainly make sense” to give the SUV – the oldest car in the car maker’s line-up – a second generation. Speaking to Autocar, Martin Jahn added that such a move would also maintain the brand’s… Continue reading Skoda hints at new Karoq as it bids to extend lifespan of ICE range
I learned my town’s secret motoring past – and you can too
I’m utterly fascinated by history. The intrigue of times past has had me in a chokehold since, well, ever since I can remember. When Autocar decided to digitise its then 125-year archive in 2020, I naturally flung myself into the project. It was more trouble than we ever imagined, but now we have an invaluable… Continue reading I learned my town’s secret motoring past – and you can too
New MG 4 Urban brings 147bhp and 201-mile range for £23,495
The MG 4 EV Urban has joined the brand’s UK line-up as a more affordable alternative to the MG 4 EV, priced from £23,495. Although the two electric hatchbacks share a name, they have significant differences in their design and technical make-up. Whereas the existing 4 is rear-wheel-drive, the Urban is front-driven, and its styling is… Continue reading New MG 4 Urban brings 147bhp and 201-mile range for £23,495
Nissan enters the robotaxi wars
With the prospect of autonomous cars for all looming eventually (please form an orderly queue), it’s easy to forget that robot taxis are already on the streets in various locations and have been for a while. Nissan recently announced the launch of an ‘autonomous mobility service pilot programme’, which ends 30 January. The trial will use… Continue reading Nissan enters the robotaxi wars
Porsche names McLaren designer as replacement for Mauer
Porsche has confirmed a major changing of the guard at the top of its design ranks, with Tobias Sühlmann appointed as the new head of design from 1 February. The 46-year-old succeeds Michael Mauer, who is stepping down after more than 21 years in the role – a period that spanned the introduction of the Macan,… Continue reading Porsche names McLaren designer as replacement for Mauer