With industry body SIAM announcing the wholesales numbers for three vehicle segments – passenger vehicles, two and three-wheelers – for the first two months of the ongoing fiscal year, one of the highlights is that of growth returning to the two-wheeler industry. Cumulative April-May 2023 numbers are 28,10,138 units, up 16.32% year on year (April-May… Continue reading Bajaj Auto, TVS and Royal Enfield record robust sales in April-May, increase market share amid wave of demand for premium products
Category: US Motoring Press
Ashwani Gupta to step down as Nissan COO
Nissan Motor Co today announced that Ashwani Gupta, Representative Executive Officer and COO, “has elected to leave the company to pursue other opportunities effective June 27. Also, Gupta will retire from the board of directors at the end of the annual general meeting of shareholders to be held on June 27, 2023.” Serving as Nissan’s… Continue reading Ashwani Gupta to step down as Nissan COO
New £25,000 electric Citroen e-C3 to launch in October this year
Citroën will pitch itself headlong into the affordable EV market this October with a battery version of its revised C3 range, costing “below €25,000” in France and hitting the UK market at around £25,000. The ë-C3 will be part of a bigger Citroën C3 range also including ICE models. But Citroën has insisted that the EV version will become the… Continue reading New £25,000 electric Citroen e-C3 to launch in October this year
Second-gen Nio ES6 due in UK with new platform and 482bhp
Nio has launched the EL6 as a successor to the ES6, which is tipped to form part of the Chinese premium EV brand’s line-up when it comes to the UK next year. The rival to the Audi Q8 E-tron and Mercedes-Benz EQC was launched in 2019 and is the firm’s best-seller in China. The second-generation model is a comprehensive reworking, including… Continue reading Second-gen Nio ES6 due in UK with new platform and 482bhp
Nio ET5 Touring launches with 482bhp as firm’s first electric estate
Nio will also introduce battery-swap stations in the UK to allow owners to change their batteries in around five minutes, giving the brand a useful unique selling point if it can install a decent-sized network. Based on the ET5 saloon, the estate offers 64 more litres of boot space, at 450 litres with the seats up… Continue reading Nio ET5 Touring launches with 482bhp as firm’s first electric estate
GM CFO: The company has ‘shock absorbers’ in place in case of a recession
General Motors is prepared for an economic downturn, but continues to cut costs to achieve a trimmed-down norm going forward as the automaker closes the gap in profit margins between electric vehicles and those of gasoline-powered cars, CFO Paul Jacobson said Thursday. Speaking at the Deutsche Bank Global Auto Conference in New York, Jacobson touched… Continue reading GM CFO: The company has ‘shock absorbers’ in place in case of a recession
Behind the scenes, families who have devoted their lives to Ford quietly honor a milestone
As Ford Motor Co. celebrates its 120th anniversary, the automaker honors the families that devoted much of their lives to helping the company succeed. Ford will illuminate its world headquarters in Dearborn on Thursday and Friday to mark the occasion. On June 16, 1903, Henry Ford and 12 associates invested $28,000 to create the automaker.… Continue reading Behind the scenes, families who have devoted their lives to Ford quietly honor a milestone
Elon Musk met with Italy Prime Minister to talk A.I., birth rates, as hunt for new factory location continues
Tesla CEO Elon Musk. Ludovic Marin | Afp | Getty Images Elon Musk met with Italy Prime Minister Giorgia Meloni on Thursday and discussed the risks of artificial intelligence and birth rates, among other topics, the Italian leader tweeted Thursday. The Tesla CEO landed in Rome on Thursday on a flight from Austin, Texas, according… Continue reading Elon Musk met with Italy Prime Minister to talk A.I., birth rates, as hunt for new factory location continues
Mercedes-Benz and Microsoft to test ChatGPT in vehicles
The Mercedes-Benz EQS SUV. Mercedes-Benz Mercedes-Benz and Microsoft are partnering to test in-car ChatGPT artificial intelligence, available to more than 900,000 vehicles in the U.S., the companies announced Thursday. The luxury automaker said the emerging technology will be used for audio requests through its Hey Mercedes voice assistant, which is expected to greatly expand the… Continue reading Mercedes-Benz and Microsoft to test ChatGPT in vehicles
Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan
Elon Musk, CEO of Tesla, speaks with CNBC on May 16th, 2023. David A. Grogan | CNBC Twitter suspended the accounts of PlainSite and its founder Aaron Greenspan, a prolific Tesla and Elon Musk critic, on Tuesday afternoon. PlainSite is an online database that makes state and federal court filings and other public records available… Continue reading Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan