Category: US Motoring Press

Volkswagen sets up its own AI lab as car industry looks to embrace the tech

Volkswagen, like other car giants, are pushing heavily into AI to boost their technology credentials and make their cars smarter. Ismail Aslandag | Anadolu via Getty Images German automaker Volkswagen has established its own artificial intelligence lab, the company said Wednesday, reflecting growing ambitions from the car industry to adopt the buzzy technology. In a… Continue reading Volkswagen sets up its own AI lab as car industry looks to embrace the tech

China comes just shy of Japan as the world’s largest car exporter

LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large number of cars are ready to be shipped for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — China failed to replace Japan as… Continue reading China comes just shy of Japan as the world’s largest car exporter

Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation… Continue reading Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

Elon Musk, CEO of Tesla, speaks during the annual New York Times DealBook Summit in New York City on Nov. 29, 2023. Michael M. Santiago | Getty Images A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that… Continue reading Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

India’s first grey2green hydrogen-powered e3w to start trials by September 2024

Electric three-wheeler maker Omega Seiki Mobility OSM’s French arm, Hydrogen Intelligence SA, intends to begin commercial trials of India’s first grey and green hydrogen-powered electric three-wheeler from September 2024 onwards. Commercial trials with domestic fleet operators will begin in Gujarat and Mumbai, Maharashtra and offer a range of 500 km on a single fill and establish… Continue reading India’s first grey2green hydrogen-powered e3w to start trials by September 2024

India’s first grey2green hydrogen-powered e3w to start trials by September 2024

Electric three-wheeler maker Omega Seiki Mobility OSM’s French arm, Hydrogen Intelligence SA, intends to begin commercial trials of India’s first grey and green hydrogen-powered electric three-wheeler from September 2024 onwards. Commercial trials with domestic fleet operators will begin in Gujarat and Mumbai, Maharashtra and offer a range of 500 km on a single fill and establish… Continue reading India’s first grey2green hydrogen-powered e3w to start trials by September 2024

PV industry expects FY25 volume growth in single digit

Riding on a high base in the current financial year, India’s passenger vehicle industry expects sales volume to grow in the low single digits during 2024-2025 (FY25). Entry-level cars were the major growth driver for the industry until sometime back, but the demand for small cars has been on a declining trend recently.  “India is… Continue reading PV industry expects FY25 volume growth in single digit

Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Fueled by robust improvement in vehicle dispatches, a higher mix of sports utility vehicles and softening of commodity prices, India’s largest passenger vehicle maker Maruti Suzuki India posted a 33% on-year growth in its standalone net profit for the December quarter. The automaker’s net profit came in at Rs 3,130 crore, against Rs 2,351.3 crore… Continue reading Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Fueled by robust improvement in vehicle dispatches, a higher mix of sports utility vehicles and softening of commodity prices, India’s largest passenger vehicle maker Maruti Suzuki India posted a 33% on-year growth in its standalone net profit for the December quarter. The automaker’s net profit came in at Rs 3,130 crore, against Rs 2,351.3 crore… Continue reading Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs