Daimler Buses and battery systems expert BMZ Poland, a key entity in the BMZ Holding group, have entered into a strategic partnership for the development and supply of the next generation of e-bus batteries. Together with Daimler Buses, BMZ will further develop the existing battery technology specifically for the requirements of electrically powered buses. The… Continue reading Daimler Buses and BMZ Poland to develop next-gen NMC4 electric bus batteries
Category: US Motoring Press
Kia Carens gets 3-star Global NCAP rating in fresh tests
The Kia Carens has been crash tested under Global NCAP’s new protocols, and it has received a 3-star rating. While it may seem like the Carens’ result is the same as the last time, this time around, Kia had volunteered for the Carens to be tested under the new protocols. The road safety organisation also announced that Kia’s… Continue reading Kia Carens gets 3-star Global NCAP rating in fresh tests
Maruti Fronx sells 135,000 units in 12 months, second best-selling Nexa model in FY2024
The Fronx, the youngest member of Maruti Suzuki India’s premium Nexa models, turns a year old today. Unveiled globally at the Auto Expo 2023 and launched on April 24, 2023, the Fronx has achieved total wholesales of 134,735 units in the domestic market till end-March 2024. This makes for strong average monthly sales of 11,227… Continue reading Maruti Fronx sells 135,000 units in 12 months, second best-selling Nexa model in FY2024
Electric Mercedes G-Class revealed as quad-motor luxury 4×4
The new electric Mercedes-Benz G-Class is an “uncompromised” machine that the firm claims can outperform its combustion-engined sibling when driving off-road. Known throughout its development as the EQG, the 4×4 will be known as the G580 with EQ Technology in production form. The lengthy moniker represents a shift in the naming strategy for electric Mercedes… Continue reading Electric Mercedes G-Class revealed as quad-motor luxury 4×4
Tesla Model 3 Performance is saloon’s most powerful variant yet
The new Tesla Model 3 Performance has been revealed as the saloon’s fastest and most powerful variant yet, with supercar-baiting power and a host of additional equipment. Priced from £59,990 in the UK, the Model 3 Performance produces 453bhp, hitting 0-62mph in an eye-watering 3.1sec, and on to a top speed of 163mph. The model packs… Continue reading Tesla Model 3 Performance is saloon’s most powerful variant yet
Tesla’s revenue drops by 9% to $21.30 billion in Q124, steepest y-o-y decline since 2012
American clean energy automotive firm Tesla reported a 9% drop in revenue in the first quarter of 2024, the steepest year-over-year decline for the company since 2012. Its revenue dropped to $21.30 billion in Q124 as compared to $23.33 billion in the same period last year. Tesla’s gross profit fell 18% in the first quarter… Continue reading Tesla’s revenue drops by 9% to $21.30 billion in Q124, steepest y-o-y decline since 2012
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
Tesla reported on Tuesday that it made significantly less money in the first three months of the year because of its tepid car sales, reinforcing concern among investors that the company led by Elon Musk is losing ground in the market for electric vehicles. Profit fell 55 percent, to $1.1 billion, from the first quarter… Continue reading Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors on Tuesday reported a big jump in profits for the first three months of the year, based on the strength of its gasoline vehicle business, and raised its outlook for the rest of the year. The company saw slow growth in electric vehicles, but robust sales of internal combustion vehicles, especially pickup trucks,… Continue reading G.M. Reports Big Jump in Profit on Gasoline Car Sales
How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me)
Automakers have been selling data about the driving behavior of millions of people to the insurance industry. In the case of General Motors, affected drivers weren’t informed, and the tracking led insurance companies to charge some of them more for premiums. I’m the reporter who broke the story. I recently discovered that I’m among the… Continue reading How G.M. Tricked Millions of Drivers Into Being Spied On (Including Me)
Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring
Tesla CEO Elon Musk speaks at the Tesla Giga Texas manufacturing “Cyber Rodeo” grand opening party in Austin, Texas, on April 7, 2022. Suzanne Cordeiro | AFP | Getty Images Tesla is eliminating 3,332 jobs across the state of California, and 2,688 jobs in Austin, Texas, according to Worker Adjustment and Retraining Notification (WARN) Act… Continue reading Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring