In celebration of its 14th anniversary in India, GS Caltex, a prominent lubricant company, has launched the 3rd edition of the #GaadiKeDoctor campaign. This digital initiative, dedicated to the often-overlooked heroes beneath the hoods and behind the wheel – the vehicle mechanics, is a heartfelt acknowledgment of their indispensable contribution. Marking February 2 as ‘National… Continue reading GS Caltex India honors mechanics with 3rd #GaadiKeDoctor campaign on 14th anniversary
Category: US Motoring Press
Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?
A Delaware judge’s decision to void the pay package that helped make Elon Musk the world’s richest person leaves Tesla’s board with some difficult decisions to make. Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery on Tuesday ordered Tesla to cancel stock options awarded to Mr. Musk, the electric car company’s chief… Continue reading Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?
It’s not all EV at Volvo: XC90, XC60, S90 and other hybrids in line for updates
Volvo has plans to update its combustion-engined mild-hybrid and plug-in hybrid models into the second half of this decade, with bosses revealing that they hope to “give some love” to the likes of the XC90, XC60, S90, V90, S60 and V60. The Swedish brand is gearing up to start production of its first car on… Continue reading It’s not all EV at Volvo: XC90, XC60, S90 and other hybrids in line for updates
Jaguar Land Rover CEO hits back over Range Rover theft issues
Jaguar Land Rover CEO Adrian Mardell has addressed concerns around the high theft rates of Range Rovers, after an investment of £10m from the company to tackle the issue. Speaking to Auto Express, Mardell said “the Range Rover is not Britain’s most stolen vehicle. There are no JLR models in the top three [most stolen… Continue reading Jaguar Land Rover CEO hits back over Range Rover theft issues
Ford’s hybrid vehicle sales surge to offset EV decline in January
The 2022 Ford Maverick. Ford DETROIT — Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid… Continue reading Ford’s hybrid vehicle sales surge to offset EV decline in January
A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
A Carvana sign and signature vending machine in Tempe, Ariz. Michael Wayland/CNBC PHOENIX – As layoffs and cost cuts roil Wall Street, from retail and shipping to tech and media, embattled online used car sales giant Carvana says its own restructuring is in the rear view. Carvana over the last 18 months aggressively restructured its… Continue reading A year after bankruptcy concerns, Carvana is leaner and ready for its Wall Street redemption
Tesla to settle lawsuit over mishandling hazardous waste in California
Tesla CEO Elon Musk Omar Marques | Getty Images Tesla will pay a fee of $1.5 million to settle a civil lawsuit alleging the company mishandled hazardous waste materials at facilities throughout the state of California for years. The fee is negligible for Tesla, which reported net income of $7.93 billion during the fourth-quarter of 2023. Tesla… Continue reading Tesla to settle lawsuit over mishandling hazardous waste in California
India could be the largest electric vehicle market by 2030, says Piyush Goyal
With the adoption of electric vehicles picking up in the country, India could become the largest electric vehicle market in the world by 2030, Minister of Commerce and Industry Piyush Goyal today. “India is now being recognised across the world with the pace at which we are doing pioneering work in technologies like advanced energy… Continue reading India could be the largest electric vehicle market by 2030, says Piyush Goyal
Hybrid is a CAFÉ compliant technology, nothing more than that – P B Balaji, Group CFO Tata Motors
Amid growing buzz to incentivise hybrid vehicle technology, Tata Motors Group CFO P B Balaji has said, “hybrid is a transient technology” and EV is the “destination technology” that needs “viability funding”, the Government of India has rightly chosen to support EVs. The Finance Chief of Tata Motors goes on to add, “hybrid is a… Continue reading Hybrid is a CAFÉ compliant technology, nothing more than that – P B Balaji, Group CFO Tata Motors
Lewis Hamilton joins Ferrari: F1 ace to swap Mercedes for Ferrari in 2025
Lewis Hamilton will leave the Mercedes-AMG team with whom he has forged one of the most dominant partnerships in Formula 1 history at the end of the 2024 season to make a sensational switch to Ferrari. The move will see the most successful F1 driver of all time exercising a break clause in his current… Continue reading Lewis Hamilton joins Ferrari: F1 ace to swap Mercedes for Ferrari in 2025