SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai

SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai The vehicle segment that has done all the heavy lifting for the past three-odd years has recorded its best-ever fiscal year sales. As per FY2023 industry wholesales data released by apex industry body… Continue reading SUV and MPV sales hit 2 million units in FY2023, Maruti Suzuki keeps Tata Motors at bay, M&M drives ahead of Hyundai

India Auto Inc clocks 20% growth in FY2023 with 21m units, PVs and CVs on a roll

India Auto Inc’s wholesales report card for FY2023 is out. As per the numbers released by apex industry body SIAM, cumulative sales of four vehicle segments – passenger vehicles, commercial vehicles, and two- and three-wheelers – totalled 2,12,04,162 units or a shade over 21 million units. While this constitutes 20% year-on-year growth (FY2022: 1,76,17,606 units),… Continue reading India Auto Inc clocks 20% growth in FY2023 with 21m units, PVs and CVs on a roll

Surge in cracked tyre cases blamed on COVID-19 pandemic

A significant surge in the number of cracked tyres being reported – some with potentially dangerous faults – has been blamed on the pandemic.  Modern tyres contain waxes and chemicals to protect them from the damaging effects of ultraviolet light and extremes of temperature, and as a vehicle is driven, these substances migrate to the… Continue reading Surge in cracked tyre cases blamed on COVID-19 pandemic

Stellantis shareholders OK dividend distribution: How much it will pay per share

Stellantis shareholders approved a dividend distribution and gave their blessing to the plan covering compensation for CEO Carlos Tavares on Thursday during the company’s annual general meeting in the Netherlands. The automaker, which owns the Jeep, Ram, Chrysler, Dodge and Fiat brands, is set for a $4.6 billion (4.2 billion euros) dividend distribution that should… Continue reading Stellantis shareholders OK dividend distribution: How much it will pay per share

GM promises increased production of Cadillac Lyriq; Michigan plant key

This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from… Continue reading GM promises increased production of Cadillac Lyriq; Michigan plant key

Biden’s push to sell electric vehicles: Can it be done?

This content is only available to subscribers. Get unlimited digital access. $1 for the first 6 months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from… Continue reading Biden’s push to sell electric vehicles: Can it be done?

Falling Lithium Prices Are Making Electric Cars More Affordable

Lithium, the common ingredient in almost all electric-car batteries, has become so precious that it is often called white gold. But something surprising has happened recently: The metal’s price has fallen, helping to make electric vehicles more affordable. Since January, the price of lithium has dropped nearly 20 percent, according to Benchmark Minerals, even as… Continue reading Falling Lithium Prices Are Making Electric Cars More Affordable

Tesla Could Start Making Cars in Mexico Next Year, Governor Says

Tesla’s new factory in the Mexican state of Nuevo León will cost $5 billion, will employ up to 7,000 people and could start churning out cars as early as next year, the state’s governor said on Friday. Tesla announced this week that it planned an assembly plant in Mexico — its fifth worldwide — but… Continue reading Tesla Could Start Making Cars in Mexico Next Year, Governor Says

Formula 1’s Rookie Class of 2023

When the season kicks off on Sunday in Bahrain, three rookies will have achieved their dreams of grabbing seats in Formula 1. Logan Sargeant with Williams, the first American driver in the sport in almost 10 years; Nyck de Vries with AlphaTauri; and Oscar Piastri with McLaren are embarking on their first seasons. Piastri has… Continue reading Formula 1’s Rookie Class of 2023