India Auto Inc, which closed FY2023 with total automobile sales of 21.20 million units (up 20% YoY) across the two- and three-wheeler, passenger and commercial vehicle segments, maintains its growth momentum in the ongoing fiscal year. In the first quarter of FY2024 (April-June 2023), cumulative wholesales of these four vehicle segments were nearly 5.5 million… Continue reading Maharashtra tops in car and CV sales in Q1 FY2024, UP in two- and three-wheelers
Category: US Motoring Press
Maharashtra tops in car and CV sales in Q1 FY2024, UP in two- and three-wheelers
India Auto Inc, which closed FY2023 with total automobile sales of 21.20 million units (up 20% YoY) across the two- and three-wheeler, passenger and commercial vehicle segments, maintains its growth momentum in the ongoing fiscal year. In the first quarter of FY2024 (April-June 2023), cumulative wholesales of these four vehicle segments were nearly 5.5 million… Continue reading Maharashtra tops in car and CV sales in Q1 FY2024, UP in two- and three-wheelers
Workers at Stellantis plant diagnosed with Legionnaires’ disease
Two workers at Stellantis’ Warren Truck Assembly Plant in Macomb County have been diagnosed with Legionnaires’ disease. Details about their conditions and how they contracted the bacterial disease were not immediately clear. Ann Marie Fortunate, a spokeswoman for Stellantis, which owns the Jeep, Ram, Chrysler, Dodge, Fiat, Alfa Romeo and Maserati brands, provided a company… Continue reading Workers at Stellantis plant diagnosed with Legionnaires’ disease
High prices for new cars slowing, discounts rising for most
Car buyers are getting a respite in terms of rising prices on new vehicles. On Wednesday, Kelley Blue Book released July pricing data that showed the smallest year-over-year price increase in the last decade, prompting Research Manager Rebecca Rydzewski to write, “New-vehicle price inflation has all but disappeared in 2023.” According to Kelley Blue book… Continue reading High prices for new cars slowing, discounts rising for most
Electric 2025 Cadillac Escalade IQ arrives with 750 hp, $130K price and a huge job
The 2025 Cadillac Escalade IQ electric SUV appears to be everything it should be: More powerful, advanced and luxurious than any Escalade before it. Going on sale next summer, the Escalade IQ promises up to 750 hp, ultra-luxe accommodations and a base price around $130,000. More than a foot longer than the current Escalade and… Continue reading Electric 2025 Cadillac Escalade IQ arrives with 750 hp, $130K price and a huge job
Ford CEO Jim Farley escapes the office with 3-day road trip in F-150 Lightning
Ford CEO Jim Farley is just wrapping up a three-day trek in a Ford F-150 Lightning that began in Silicon Valley, zigzagged through California and ends in Las Vegas on Wednesday. “There is no better way to see America than from behind the wheel. I first learned that on family trips as a kid,” he… Continue reading Ford CEO Jim Farley escapes the office with 3-day road trip in F-150 Lightning
San Francisco Officials Hesitant to Expand Driverless Car Services
Over the past year or so, a jarring sight has become common in San Francisco: driverless cars buzzing around the city’s streets with no one at the wheel and an expensive array of electronic sensors guiding the way. But a plan by two companies to expand driverless taxi services in San Francisco has met stiff… Continue reading San Francisco Officials Hesitant to Expand Driverless Car Services
2025 Cadillac Escalade IQ, GM’s new all-electric SUV, starts at $130,000. Here’s a first look
watch now NEW YORK – Twenty-five years after the Cadillac Escalade launched General Motors into large, highly profitable luxury SUVs, the Detroit automaker is hoping a new all-electric version of the vehicle will ignite the same success for a new generation of luxury buyers. GM on Wednesday revealed the 2025 Cadillac Escalade IQ, an all-electric… Continue reading 2025 Cadillac Escalade IQ, GM’s new all-electric SUV, starts at $130,000. Here’s a first look
Indian automaker Mahindra says competition from Tesla ‘does not faze us’
Mahindra atom electric car at Auto Expo 2020, on February 5, 2020, in Greater Noida, India. Pradeep Gaur | Mint | Hindustan Times | Getty Images Mahindra Group isn’t worried about global players like Tesla entering India’s highly competitive electric vehicle market, its CEO and managing director Anish Shah told CNBC. “We’ve seen tremendous competition… Continue reading Indian automaker Mahindra says competition from Tesla ‘does not faze us’
Carvana boosts profit forecast as turnaround gains momentum
Carvana raised its profit outlook as the used-car retailer said the momentum it saw from an early-year turnaround is carrying into the third quarter. Adjusted earnings before interest, taxes, depreciation and amortization will be more than $75 million in the current three-month period, according to a statement Wednesday. That compares with a prior outlook of… Continue reading Carvana boosts profit forecast as turnaround gains momentum