Supply chain disruptions are causing a production backlog at the world’s largest truckmaker, Daimler Trucks. Bloomberg | Getty Images Shares of Daimler Truck hit a fresh all-time high Friday, spiking more than 17%, after posting record full-year profit and announcing a 2 billion euro ($2.16 billion) share buyback program. The German truck maker posted better-than-expected… Continue reading Daimler Truck surges 17% to record on bumper earnings, buyback announcement
Category: US Motoring Press
Here’s what tech giants are betting on next — from robot dogs to smartphones you can wear on your wrist
Mobile World Congress 2024, the world’s biggest mobile trade show, had a lot of future-looking tech on display. Arjun Kharpal | CNBC The Mobile World Congress, the world’s largest mobile show, is a place where device makers show off some of their latest innovations. And there was quite a lot on display in Barcelona, Spain,… Continue reading Here’s what tech giants are betting on next — from robot dogs to smartphones you can wear on your wrist
Tesla stands to earn billions of dollars a year by opening U.S. charging stations to drivers of Ford and other EVs
A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023. Robert Nickelsberg | Getty Images As of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using… Continue reading Tesla stands to earn billions of dollars a year by opening U.S. charging stations to drivers of Ford and other EVs
Mercedes V-Class
As for the camper Marco Polo, it is available in two trim levels also. The entry-level Sport model comes with all the equipment that a standard V-Class benefits from plus the addition of two seater luxury sofa bed, three-zone climate control, pop-up roof with a double bed, yacht wood flooring, swivelling front seats, and a… Continue reading Mercedes V-Class
The world’s fastest accelerating cars
Powered by a 310bhp supercharged 2.0-litre Ford engine and featuring a six-speed sequential gearbox, it’s arguably the most extreme Seven ever to wear a number plate. Its place in this list is a little cheeky, however, as its quoted time of 2.79 seconds is a little too specific (most would round up or down to… Continue reading The world’s fastest accelerating cars
Fisker Pear EV delayed as company seeks investment
Fisker has paused development of its affordable compact EV, the Pear, amid talks with an unnamed car maker for investment into the cash-strapped company. Fisker started rolling out deliveries of its Fisker Ocean electric SUV late last year but has struggled with cashflow amid a wider cooling off of investor confidence in pre-profit EV companies.… Continue reading Fisker Pear EV delayed as company seeks investment
Reports: Nissan Leaf production to end in Sunderland this week
Nissan is ending production of the current Leaf at its Sunderland plant this week, according to reports, as it gears up to build three new electric cars at the factory. The Leaf’s replacement is an electric crossover, expected to be revealed later this year ahead of a 2026 production start date. The other two cars will be the… Continue reading Reports: Nissan Leaf production to end in Sunderland this week
Demand for small cars likely to come back in second half of 2026, says Maruti Suzuki
After years of degrowth in the industry’s small car segment, India’s largest passenger car maker Maruti Suzuki is expecting a turnaround in the segment in 2026 with an improvement in the affordability factor. The share of small cars or hatchbacks has been continuously eroding in recent years and sport utility vehicles have been driving the… Continue reading Demand for small cars likely to come back in second half of 2026, says Maruti Suzuki
Escorts Kubota sells 6,041 tractors in February
Tractor and construction machinery major Escorts Kubota in February2024 sold 6,481 tractors as against 7,811 tractors sold in February 2023. Domestic tractor sales in February 2024 were at 6,041 tractors as against 7,245 tractors sold in February 2023. Tractor sales dipped this month due to the continuing impact of uneven monsoon coupled with insufficient rainfall… Continue reading Escorts Kubota sells 6,041 tractors in February
Hero MotoCorp’s February despatches up 19% YoY at 4.68 lakh units
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 468,410 units in February 2024, translating to a 19% growth over the corresponding month (February 2023), when it had sold 394,460 units. The volumes in the month of February indicate the continuously improving consumer sentiments and the company expects the positive trend to continue… Continue reading Hero MotoCorp’s February despatches up 19% YoY at 4.68 lakh units