The Maruti Suzuki Alto has become India’s highest selling car, having clocked cumulative sales of 45 lakh or 4.5 million units. The latest milestone for the small car comes 23 years after it was launched. The Alto saw strong consumer acceptance soon after its launch and by 2004 it had become the best-selling car in… Continue reading Maruti Suzuki Alto drives past 4.5 million sales 23 years after launch
Category: US Motoring Press
ED seizes Rs 25 crore worth of cash, jewellery after raids on Hero MotoCorp’s Munjal, some others: PTI
Foreign and Indian currencies and gold and diamond jewellery worth about Rs 25 crore apart from “incriminating” documents were seized after raids on Hero MotoCorp executive chairperson Pawan Kant Munjal and some others, the Enforcement Directorate said on Wednesday, PTI reported. The federal agency raided the residence and offices of the 69-year-old billionaire businessman, the… Continue reading ED seizes Rs 25 crore worth of cash, jewellery after raids on Hero MotoCorp’s Munjal, some others: PTI
Hyundai Motor Group acquires stake in AI semiconductor firm Tenstorrent
Hyundai Motor Group today announced a strategic investment in Tenstorrent, an artificial intelligence (AI) semiconductor company based in Toronto, Canada, which will allow the Group to integrate AI into future Hyundai, Kia and Genesis vehicles, and other future mobilities, including robotics and advanced air mobility (AAM). Hyundai Motor Company and Kia Corporation will invest US$… Continue reading Hyundai Motor Group acquires stake in AI semiconductor firm Tenstorrent
Hyundai Motor Group acquires stake in AI semiconductor firm Tenstorrent
Hyundai Motor Group today announced a strategic investment in Tenstorrent, an artificial intelligence (AI) semiconductor company based in Toronto, Canada, which will allow the Group to integrate AI into future Hyundai, Kia and Genesis vehicles, and other future mobilities, including robotics and advanced air mobility (AAM). Hyundai Motor Company and Kia Corporation will invest US$… Continue reading Hyundai Motor Group acquires stake in AI semiconductor firm Tenstorrent
Hyundai Group to use Qualcomm’s Snapdragon cockpit platforms for PBV infotainment
Qualcomm Technologies has announced a technology collaboration with Hyundai Motor Group in the area of purpose-built vehicles (PBVs). Designed to serve as a future mobility solution from the Hyundai Motor Group, the PBVs are engineered to provide transportation services, as well as additional services that cater to the diverse needs of individuals, such as comfort,… Continue reading Hyundai Group to use Qualcomm’s Snapdragon cockpit platforms for PBV infotainment
Ford beefs up government affairs team with veteran chief of staff Jessica Carter
Jessica Carter, a longtime chief of staff who has worked for five Republican members of Congress, has joined Ford Motor Co. as the new head of U.S. government affairs in Washington, D.C., the automaker announced Wednesday. “Carter brings to Ford a wealth of experience in leading effective teams in the legislative branch” with more than… Continue reading Ford beefs up government affairs team with veteran chief of staff Jessica Carter
UAW President Shawn Fain reveals ‘audacious’ member demands he says push back on greed
UAW President Shawn Fain didn’t want to reveal member demands behind closed doors in the current contract talks with Detroit Three automakers, a protocol that had been followed for years. Instead, Fain took to Facebook live Tuesday night to spotlight “audacious” demands of members in a new four-year contract being negotiated with a Sept. 14… Continue reading UAW President Shawn Fain reveals ‘audacious’ member demands he says push back on greed
A Slice of Big Sky Country You Won’t See on ‘Yellowstone’
Recently, western Montana and cities like Bozeman are experiencing a surge in popularity because of the wildly successful drama “Yellowstone” and its prequels “1883” and “1923.” But some of Montana’s most intriguing areas are those that remain untouched by the limelight. The Hi-Line is one of them. It’s the stretch of U.S. Highway 2 that… Continue reading A Slice of Big Sky Country You Won’t See on ‘Yellowstone’
EVgo revenue beats analyst expectations as private-label charging business booms
A view of an EVgo EV charging station on July 28, 2023 in Corte Madera, California. Justin Sullivan | Getty Images EV charging network operator EVgo on Wednesday reported second-quarter revenue that beat Wall Street’s expectations and posted a narrower-than-expected loss, as more EV drivers used its network and revenue from its private-label eXtend unit boomed. EVgo… Continue reading EVgo revenue beats analyst expectations as private-label charging business booms
Shares of Chinese Tesla rival Xpeng fall 5% after head of autonomous driving resigns
An XPeng Inc. G9 electric vehicle at the Shanghai Auto Show in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Images Xpeng shares fell around 5% on Wednesday after the company announced its head of autonomous driving will leave the company at what is seen as a critical juncture for… Continue reading Shares of Chinese Tesla rival Xpeng fall 5% after head of autonomous driving resigns