New York — Elon Musk cannot back out of a settlement with securities regulators that was reached after his 2018 tweets claiming he had secured funding to take Tesla private caused the electric vehicle maker’s share price to jump and led to a temporary halt in trading, an appeals court ruled Monday. The summary order… Continue reading Elon Musk must still have his tweets approved by Tesla lawyer, federal appeals court rules
Category: US Motoring Press
All-electric Volvo EX30 hits public roads ahead of June reveal
Volvo said: “It’s a car that will be crucial to our strategic ambitions in shaping the future of mobility and becoming a fully electric car maker by 2030.” Autocar recently reported that the company will ensure monthly payments are set at a “reasonably low cost”. The new model will use a modified version of parent… Continue reading All-electric Volvo EX30 hits public roads ahead of June reveal
Hero launches updated Xpulse 200 4V at Rs 1.44 lakh
Having been first teased yesterday and then spotted at a showroom this morning, the updated Hero Xpulse 200 4V has been officially launched at Rs 1.44 lakh. The Rally edition has now been renamed as the Pro variant, and is priced at Rs 1.51 lakh (all prices ex-showroom, Delhi). Many of the changes previously observed have made their… Continue reading Hero launches updated Xpulse 200 4V at Rs 1.44 lakh
Russia okays disposal of Volkswagen assets for US$140 million- report
The Russian state has okayed a transaction for Volkswagen to dispose of its Russian assets for US$ 140 million (Euro 125 million) to Avilon, Reuters reported citing Interfax news agency. If this does go through, Volkswagen will work against the usual trend where most other auto firms have sold their assets for a small fee back… Continue reading Russia okays disposal of Volkswagen assets for US$140 million- report
Hyundai Exter micro SUV to come with six airbags
Ahead of its market launch in the coming months, Hyundai has shared details about the upcoming Exter micro SUV’s safety features. The Exter will be Hyundai’s entry in the micro-SUV segment, which also includes the popular Tata Punch and the Citroen C3 in India. Hyundai Exter: safety features on offerHyundai has announced that all variants of the Exter will come with six airbags… Continue reading Hyundai Exter micro SUV to come with six airbags
India’s electric vehicle industry: Driving towards a sustainable future
Sustainability as we all know, refers to addressing today’s requirements without compromising the ability of the future generations to meet their own needs. It is about finding a balance between economic growth, environmental protection, and social responsibility. The importance of sustainability has increased across all sectors of the economy. And the transportation industry is a… Continue reading India’s electric vehicle industry: Driving towards a sustainable future
New Aston Martin DB12 officially teased ahead of reveal
The Aston Martin DB11 launched back in 2016 so a replacement has been on the cards for a while. We’ve seen the new DB12 testing multiple times but now Aston Martin has confirmed a release date of 24 May for its next grand tourer. These new official images confirm a few design details of the… Continue reading New Aston Martin DB12 officially teased ahead of reveal
Maruti Wagon R clocks 3 million sales, third-gen model crosses 750,000 units in 51 months
Maruti Suzuki India has announced that the Maruti Wagon R, India’s best-selling passenger car for the second year in a row in FY2023 with a record 212,340 units, has clocked cumulative sales of 30 lakh or 3 million units. The popular midsize hatchback, which was launched in 1999, has taken 24 years to surpass the… Continue reading Maruti Wagon R clocks 3 million sales, third-gen model crosses 750,000 units in 51 months
Honda Motorcycle & Scooter India launches new range of engine oil “Pro Honda” exclusively for Honda 2Wheelers India
Honda Motorcycle & Scooter India (HMSI) has launched a new range of engine oil “Pro Honda” for Honda two-wheelers in India. Pro Honda, a genuine global oil brand of Honda Motor Co. Japan, is exclusively formulated, tested and approved by Honda engineers to help maintain the “designed-in performance” of Honda 2Wheelers. Both grades are now available at all authorised… Continue reading Honda Motorcycle & Scooter India launches new range of engine oil “Pro Honda” exclusively for Honda 2Wheelers India
CNGs and Hybrid vehicles account for over 38% of Maruti Suzuki’s FY23 sales
Having exited the diesel space, the cleaner vehicles portfolio powered by Compressed Natural Gas and Hybrid engines accounted for 38 percent for Maruti Suzuki in FY23, with the conventional petrol vehicle sales remaining stable at about 1 million units. As part of its initiatives to support the Government of India’s carbon neutrality, Suzuki Motor Corporation… Continue reading CNGs and Hybrid vehicles account for over 38% of Maruti Suzuki’s FY23 sales