US Motoring Press – Page 1713 – I wish I had more to offer

India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

Five days into September, the Federation of Automobile Dealers Associations of India (FADA) has released the retail sales numbers for August 2023. The combined sales of 18,18,647 units across the two- and three-wheeler, passenger and commercial vehicle, and tractor segments, constitute an 8.63% year-on-year increase (August 2022: 16,74,162 units). Month-on-month growth is 2.74% (July 2023:… Continue reading India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

New Mercedes CLA estate, EQA, EQB to use MMA EV platform

Mercedes-Benz will launch four new compact cars on its new Mercedes Modular Architecture (MMA) platform, including next-generation successors to the EQA and EQB SUVs, and a Shooting Brake version of the forthcoming CLA. The new compact MMA platform has been developed with a focus on electric powertrains, with an 800V architecture that allows for faster… Continue reading New Mercedes CLA estate, EQA, EQB to use MMA EV platform

Denso targets 6.3-billion-euro sales in electrification products by FY2025

Japanese component and technology major Denso, which is celebrating its 50th year in Europe, is among the many global auto majors at the IAA Mobility 2023 trade fair, which opens today in Munich and goes on till September 8. Speaking at a press conference yesterday, Shinnosuke Hayashi, President and COO of Denso Corporation, said: “Europe… Continue reading Denso targets 6.3-billion-euro sales in electrification products by FY2025

Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Hero MotoCorp has announced plans to subscribe to a rights issue of Bengaluru-based electric scooter manufacturer Ather Energy. Hero MotoCorp, an existing shareholder of Ather Energy, currently has a 33.1% equity stake in the EV maker and will invest up to Rs 550 crore. With this fresh investment in the EV OEM’s Series E2 Compulsory… Continue reading Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Kia to unveil hydrogen light tactical concept vehicle at European defence expo

Kia is participating in the MSPO 2023 defence industry exhibition, which opens at the Kielce Exhibition Center in Poland today and continues till September 8. Now in its 30th year, the MSPO defense expo is the largest international defence industry exhibition in Europe. This year, Kia will unveil the ‘Hydrogen ATV (Hydrogen-powered Light Tactical Vehicle) Concept… Continue reading Kia to unveil hydrogen light tactical concept vehicle at European defence expo

Mercedes and BMW want to take on Tesla. Check out their new electric concept cars

The Mercedes-Benz Concept CLA Class was unveiled at IAA Mobility 2023 in Munich, Germany. The platform will underpin the German automaker’s push into electric cars. Mercedes-Benz Mercedes-Benz and BMW took the wraps off electric concept cars as they look to catch up with Tesla in the premium end of the market. At the IAA auto… Continue reading Mercedes and BMW want to take on Tesla. Check out their new electric concept cars

‘We are ready to engage’: Europe’s biggest carmakers brace for China’s EV challenge

BMW CEO Oliver Zipse speaks during the presentation of the new BMW “New Class” during an event ahead of the IAA motor show in Munich. Picture Alliance | Picture Alliance | Getty Images Europe’s biggest car manufacturers are wary of the competitive threat posed by new Chinese companies, as the automobile industry moves towards electrification,… Continue reading ‘We are ready to engage’: Europe’s biggest carmakers brace for China’s EV challenge