Hyundai Motor India, which reported domestic market sales of 48,003 units in November 2022 and YoY growth of 30% while surpassing the half-a-million units mark in the first 11 months of CY2022, has notched another milestone in the process. The Chennai-based company’s best-selling product – the midsize Creta SUV – has driven past 800,000-unit sales… Continue reading Hyundai Creta cruises past 800,000 sales in less than 8 years
Category: US Motoring Press
Inside the industry: EV transition needs massive investment
Around three million new public charging points are needed across Europe by 2030 if the mandated sale of EVs is to be supported adequately, up from around 375,000 in 2021. That’s an eight-time expansion in nine years, according to a report by McKinsey on behalf of the European Automobile Manufacturers’ Association. The final part of… Continue reading Inside the industry: EV transition needs massive investment
Stellantis logistics crisis to blame for ‘disastrous’ November sales
As the UK car market celebrated a return to growth in November, Stellantis suffered a “disastrous” month in which new cars went missing amid a changeover in distribution systems. Registrations of the company’s Peugeot brand more than halved in November to just 2367 – not far off Porsche numbers. Meanwhile, Citroën sales were down 13%, Fiat was down 39%… Continue reading Stellantis logistics crisis to blame for ‘disastrous’ November sales
New Mercedes-AMG S63: V8 super-PHEV packs 791bhp
The Mercedes-AMG S63 has been reborn as a plug-in hybrid (PHEV) performance saloon developing up to 791bhp. Set for UK sale early next year, the advanced saloon runs an updated version of the twin-turbocharged 4.0-litre V8 petrol engine used by its predecessor but also adopts a rear-axle-mounted asynchronous electric motor and a 13.1kWh lithium-ion battery –… Continue reading New Mercedes-AMG S63: V8 super-PHEV packs 791bhp
Munro Mk1 is electric Ineos Grenadier rival with 375bhp
Scottish start-up Munro will take on the upcoming Ineos Grenadier with a rugged, go-anywhere SUV of its own – only this one is an EV. Freshly unveiled in Edinburgh and named after the honorary title given to any Scottish mountain over 3000ft, the Munro Mk1 will arrive next year in five-door station-wagon form, with prices starting at… Continue reading Munro Mk1 is electric Ineos Grenadier rival with 375bhp
Ford CEO reveals two of three Ford dealers buy in to all-electric strategy
Ford Motor Co. has secured commitments from two of every three dealers who plan to go all-in on selling electric vehicles, CEO Jim Farley revealed during an interview Monday afternoon. Of the estimated 3,000 Ford dealers in the U.S., 1,920 have enrolled in the voluntary Model e Program for the initial 2024 to 2026 period,… Continue reading Ford CEO reveals two of three Ford dealers buy in to all-electric strategy
GM’s BrightDrop expands into first international market, starts production
General Motors’ subsidiary BrightDrop said Monday it has entered its first international market, Canada, by adding DHL Express Canada as a customer. BrightDrop, which makes all-electric delivery vans and other technology to help in the delivery business, also said production of its Zevo 600 delivery van started at GM’s CAMI Assembly plant in Ontario, making… Continue reading GM’s BrightDrop expands into first international market, starts production
DHL buying Ford E-Transit cargo vans showcases the automaker’s electric vehicle strategy
Delivery giant DHL and Club holding Ford Motor (F) struck an electric van and software deal that bolsters the automaker’s multipronged EV strategy, an approach that’s central to why we own the stock. The news DHL will acquire 2,000 Ford E-Transit cargo vans by the end of 2023, the companies announced Monday. The agreement also includes… Continue reading DHL buying Ford E-Transit cargo vans showcases the automaker’s electric vehicle strategy
Stellantis to pay bigger fine in final order to resolve Jeep plant odor violations
The maker of Jeep SUVs will pay an increased fine to the state of Michigan’s general fund as a part of the final consent order to resolve ducting and odor violations at its new plant in Detroit instead of planting trees at a local park. Stellantis NV now will pay a fine of $136,832 instead… Continue reading Stellantis to pay bigger fine in final order to resolve Jeep plant odor violations
GM’s BrightDrop to make vans for DHL Express Canada, starts Ontario production
Ingersoll, Ontario — General Motors Co.’s BrightDrop electric delivery vehicle company is adding DHL Express Canada logistics company as a customer, the automaker said Monday. The company also said Monday it has launched production of the BrightDrop Zevo 600 electric delivery vans at GM’s CAMI Assembly plant in Ontario, making it Canada’s first EV factory.… Continue reading GM’s BrightDrop to make vans for DHL Express Canada, starts Ontario production