The new Renault Symbioz completes the expansion of the brand’s line-up in the crucial SUV C-segment and is designed to evoke the spirit of the 1960s 16 saloon and the 1980s Espace by focusing on practicality. The new hybrid will sit between the smaller Captur – alongside which it was developed – and larger Austral… Continue reading New Renault Symbioz is family-focused hybrid SUV for £30k
Category: US Motoring Press
Wardwizard foundation inaugurates ‘Samvardhanam – A Career Development Academy’ in Vadodara
Wardwizard Foundation, the CSR Wing of the Wardwizard Group of Companies, unveiled ‘Samvardhanam – A Career Development Academy’ in Vadodara. The initiative embodies a holistic approach towards education with initiatives aimed at empowering students. Established with the motto of Empowering Students with the most powerful tool- “Education”, Samvardhanam embodies a comprehensive approach towards education through… Continue reading Wardwizard foundation inaugurates ‘Samvardhanam – A Career Development Academy’ in Vadodara
Mahindra & Mahindra sells over 40,000 SUVs for fourth month in a row in April
Mahindra & Mahindra, which is among the OEMs riding the surging wave of demand for utility vehicles, has announced domestic market wholesales of 41,008 SUVs in April 2024, up 18% year on year (FY2023: 34,694 units). This is the fourth month in a row that M&M has dispatched over 40,000 units: January 2024 (43,068 units,… Continue reading Mahindra & Mahindra sells over 40,000 SUVs for fourth month in a row in April
ZF Foxconn Chassis Modules plots speedy growth with top tier customers
ZF Friedrichshafen AG, one of the world’s largest automotive suppliers, and Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, have completed the establishment of their joint venture in the field of passenger car chassis systems on April 30.The acquisition of a 50% stake in ZF Chassis Modules GmbH by Foxconn achieves a 50-50… Continue reading ZF Foxconn Chassis Modules plots speedy growth with top tier customers
Nine out of ten councils do not plan to increase parking bay sizes
Fewer than 1-in-10 UK councils (8.2%) have plans to increase the size of their parking bays, despite the fact that cars are getting bigger – that’s according to data exclusively obtained by Autocar. Data from a Freedom of Information request reveals drivers of larger cars will find it increasingly hard to park their car without… Continue reading Nine out of ten councils do not plan to increase parking bay sizes
China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
Automakers in China are building a new generation of bigger, more technologically advanced and competitive electric cars, threatening to leap further ahead of their global rivals as they step up exports around the world. The dozens of car companies operating in China plan to put 71 new battery electric models on sale this year. Many… Continue reading China’s Electric Cars Keep Improving, a Worry for Rivals Elsewhere
Carvana shares spike 30% as used car retailer posts record first quarter
Vehicles are seen on display at a Carvana dealership in Austin, Texas, on Feb. 20, 2023. Brandon Bell | Getty Images Shares of Carvana popped more than 30% during after-hours trading Wednesday after the automaker reported record quarterly results and turned a profit during the first quarter. Here is how the company performed in the… Continue reading Carvana shares spike 30% as used car retailer posts record first quarter
To train car dealers on EVs and other topics, Ford turns to gamification and AI-powered education
Ford Mustang on display at the NY Auto Show, April 6, 2023. Scott Mlyn | CNBC DEARBORN, Mich. — Ford Motor is launching a new training program for more than 3,000 U.S. franchised dealers on Wednesday that uses artificial intelligence for employee coaching evaluations and emulates Netflix and YouTube interfaces more than the automaker’s traditional… Continue reading To train car dealers on EVs and other topics, Ford turns to gamification and AI-powered education
Luxury carmaker Aston Martin slumps 6% as losses nearly double
A sign is pictured above the entrance to the Aston Martin luxury car dealership on Park Lane in central London on April 11, 2024. Benjamin Cremel | Afp | Getty Images LONDON — Luxury carmaker Aston Martin on Wednesday reported widening losses in the first quarter, as the company stopped production of its core models… Continue reading Luxury carmaker Aston Martin slumps 6% as losses nearly double
Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team
Tesla Supercharger stations near a Circle K gas station in Austin, Texas, on April 23, 2024. Brandon Bell | Getty Images Tesla shares fell nearly 6% on Tuesday following news that CEO Elon Musk was pressing ahead with more job cuts at Tesla, impacting an estimated 500 employees in its Supercharger team. The stock closed… Continue reading Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team