JLR’s Nitra plant in Slovakia will be converted to allow production of electric vehicles by the end of the decade, securing its future as the brand pushes to launch nine EVs by 2030. The state-of-the-art plant is one of the brand’s newest, having only opened at the end of 2018 at a cost of £1.13… Continue reading Jaguar Land Rover to electrify Nitra plant as part of EV push
Category: US Motoring Press
Xpeng shows new ‘Land Aircraft Carrier’ and six-rotor flying car
Xpeng has announced a hybrid-powered, six-wheel drive SUV named the Land Aircraft Carrier and further developments to the eVTOL flying car that it first unveiled in 2021. Developed by Xpeng Aeroht, the Chinese car maker’s aircraft division, the SUV is used for the road, then the airborne attachment folds out its six rotors for vertical take-off and landing. The Land Aircraft Carrier, meanwhile, is a six-wheel drive… Continue reading Xpeng shows new ‘Land Aircraft Carrier’ and six-rotor flying car
We’re hopeful the UAW strike isn’t costing Ford as much lost production as GM
Investors just got a look at how much the United Auto Workers strike is costing General Motors (GM) in lost production. We’re hoping it won’t be as bad at Ford (F), which reports earnings Thursday evening. The UAW began striking Detroit’s three automakers last month after Ford, GM and Chrysler-parent Stellantis (STLA) failed to reach… Continue reading We’re hopeful the UAW strike isn’t costing Ford as much lost production as GM
GM, Honda scrap plans to co-develop ‘affordable’ sub-$30,000 EVs
The 2024 Honda Prologue is one of two EVs being made by General Motors for the Japanese automaker, utilizing its Ultium battery technologies. Honda DETROIT – General Motors and Honda Motor have canceled plans to jointly develop affordable electric vehicles as they face slower-than-expected demand and changing market conditions. The unwinding of the tie-up roughly… Continue reading GM, Honda scrap plans to co-develop ‘affordable’ sub-$30,000 EVs
Ariel Atom 4
In initial track testing, the adjustable Ohlins suspension of our Atom 4 test car was set fairly permissively for compression and rebound damping – by Ariel itself, we should add – but a little experimentation proves that, even if you crank up the dials, this remains a dynamically characterful car. It likes to move around on… Continue reading Ariel Atom 4
Renault Clio
A sense of new-found sophistication pervades much of the way this fifth-generation Clio functions as well as how it looks and how it feels inside. Moving beyond Renault’s old 898cc three-pot turbo engine to adopt this new 999cc three-cylinder turbo may sound like a pretty dry and technical change, but it has allowed this car… Continue reading Renault Clio
Gulf Oil reports Rs 74.63 crore net profit in Q2FY24
Lubricants major Gulf Oil reported a net profit of Rs 74.63 crore during Q2FY24, a jump of 41.22% over Q2FY22 when registered Rs 52.14 crore. The company’s revenues on other hand stood at Rs 802.30 crores as against Rs 719.50 crores, translating into growth of 11.51%. Gulf Oil in a statement said that the reported quarter… Continue reading Gulf Oil reports Rs 74.63 crore net profit in Q2FY24
Renault to invest Euro 3 billion in ‘new international gameplan 2027’, India a part of it
India is expected to be one of the key hubs of Renault’s “New International Gameplan 2027” announced on Wednesday in Rio De Janeiro, Brazil. As part of its vision to globalise the Renault brand outside of Europe, the French car maker has committed to an investment of Euro 3 billion for the coming four to… Continue reading Renault to invest Euro 3 billion in ‘new international gameplan 2027’, India a part of it
Renault reveals new Kardian SUV
Renault has finally revealed the new Kardian SUV after a series of teasers. This will be the smallest Renault SUV, and will be aimed at emerging marketing, like South America, among others. Renault Kardian debuts tweaked platform for emerging markets The Kardian SUV has been developed with the South American market in focus and is… Continue reading Renault reveals new Kardian SUV
Sona Comstar net profit up 38% at Rs 124 crore in Q2 FY24
Sona BLW Precision Forgings (Sona Comstar), a leading automotive technology company providing mission-critical systems and components for electrified and non-electrified powertrain segments, reported a 20.7% increase in its consolidated revenue at Rs 797 crore in the quarter ended September 30 (Q2 FY24). The company posted consolidated revenue of Rs 660 crore in the same quarter… Continue reading Sona Comstar net profit up 38% at Rs 124 crore in Q2 FY24