US Motoring Press – Page 1799 – I wish I had more to offer

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

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

Hero MotoCorp to expand Xoom lineup

Hero launched the Xoom 110 just last year, but now the Xoom lineup is slated to grow with the arrival of two new scooters – the Xoom 125R and the Xoom 160. Both broke cover first at EICMA 2023, and made their India debut at the recently concluded Hero World event. Hero Xoom 160: what to expect… Continue reading Hero MotoCorp to expand Xoom lineup

Final design for Tata Curvv EV revealed in patent image

The Curvv SUV will be Tata Motors’ first all-new model launch in 2024 and will be the brand’s answer to the Hyundai Creta and Kia Seltos in India. While the Curvv SUV was shown to the general public in concept and close to production form earlier, its final design has now been revealed, thanks to a patent image that has… Continue reading Final design for Tata Curvv EV revealed in patent image

BMW unveils M4 facelift

The BMW M4 Competition has received a range of tweaks aimed at keeping it at par with the sports car opposition, boosting its engine’s output and adding more features. BMW M4 facelift: styling highlights The new 4 Series and M4 are visually distinguished from the previous models by new lights at either end, with the rear set featuring the… Continue reading BMW unveils M4 facelift

Honda reveals E:NS2 and E:NP2 SUVs

Honda took the wraps off three EV SUV concepts at last year’s Shanghai motor show, and now, China’s Ministry of Industry and Information Technology has info that suggests that two models – the E:NS2 and E:NP2 – will go on sale in the near future. The EV SUVs are near-identical except for their lights and bumpers. Honda… Continue reading Honda reveals E:NS2 and E:NP2 SUVs