Mercedes has revealed the updated GLA and GLB SUVs, which will go on sale in the coming months with a refreshed design and new technology inside and out. The biggest visual changes to the new Mercedes GLA and Mercedes GLB have been applied to the front end, where the front grille, front bumper design and… Continue reading 2023 Mercedes GLA and GLB gain mild-hybrid and design refresh
Category: US Motoring Press
Volkswagen goes ‘boring’ with ID 2all design – and it’s a good thing
Can something that’s safe and boring also be radical? You see, the new Volkswagen ID 2all concept looks exactly like you would expect a Volkswagen to look. Which, confusingly, is wholly unexpected. In the electric era, Volkswagen has often seemed like it’s trying to escape its rich heritage. It opted against using classic model names for… Continue reading Volkswagen goes ‘boring’ with ID 2all design – and it’s a good thing
Audi to launch 20 models by 2025, half of them EVs
Audi will launch 20 new cars by 2025, half of them electric, as it pushes to only launch new EVs worldwide from 2026. Speaking at the German firm’s annual conference, Audi CEO Markus Duesmann hailed the announcement as being “on the verge of the biggest product initiative in our history”. He said: “By 2025, we… Continue reading Audi to launch 20 models by 2025, half of them EVs
Skoda revenues rise in 2022 despite impact of war in Ukraine
Skoda’s worldwide revenues rose 19% last year, despite heavy impacts on the firm’s sales and production output, which was largely driven by the effects of Russia’s invasion of Ukraine. Some 731,300 Skoda cars were delivered worldwide in 2022, which is a 16.7% drop compared with 2021. However, the brand, owned by the Volkswagen Group, earned around €628… Continue reading Skoda revenues rise in 2022 despite impact of war in Ukraine
Jaguar names new managing director ahead of 2025 relaunch
Jaguar has named Rawdon Glover as its new managing director ahead of its relaunch in 2025. He succeeds Philip Koehn, who has only publicly been the boss of Jaguar for the past few weeks. Koehn has led the Jaguar team since the start of the so-called Panthera project in 2019, having previously worked at Rolls-Royce on its… Continue reading Jaguar names new managing director ahead of 2025 relaunch
Entry-level EV to replace Audi A3 to arrive before 2027
An entry-level EV, similar in size to the Audi A3, will be launched in the middle of the decade as the German car maker ramps up its electrification shift. The A-segment model, confirmed to Autocar by Audi CTO Oliver Hoffman, is part of a plan to get an electric car in each “core” segment by 2027 It… Continue reading Entry-level EV to replace Audi A3 to arrive before 2027
Audi Group forecasts operating margin dip after record 2022
The Audi Group’s operating profit grew from €5.5bn in 2021 to €7.6bn last year Close News 3 mins read 16 March 2023 The Audi Group expects its operating margin to dip this year as supply shortages ease and sales volumes begin to rebound. The group – comprising Audi, Bentley, Ducati and Lamborghini – set a 12.2% margin last… Continue reading Audi Group forecasts operating margin dip after record 2022
Investors worry as Volkswagen prioritises growth over profit
Normality is back, at least as far as the Volkswagen Group is concerned. The German behemoth has advised that it aims to sell a million more cars in 2023 than in the year before but stick roughly to the same profit margin as 2022 at 7.9%. In other words, it will make less money per car sold… Continue reading Investors worry as Volkswagen prioritises growth over profit
Skoda Auto strategically leads Brand Group Volume in ASEAN and extends business in the Middle East
Skoda Auto strategically leads Brand Group Volume in ASEAN and extends business in the Middle East Skoda Auto is forging ahead with its internationalisation strategy. The Czech manufacturer will be strategically leading the Brand Group Volume in its future expansion across the ASEAN region and maximise growth potential for the Volkswagen Group. The company will… Continue reading Skoda Auto strategically leads Brand Group Volume in ASEAN and extends business in the Middle East
myTVS joins hands with Oracle to speed up finance and supply chain processes
myTVS, India’s largest automotive aftermarket digital platform, and part of the US$2 billion TVS Mobility Group, has inked a partnership with Oracle Fusion Cloud Applications, to unify operations, improve business efficiency and match the inventory with customer demand and reduce supply chain costs. The partnership with Oracle will help Tamil Nadu-based myTVS get better visibility… Continue reading myTVS joins hands with Oracle to speed up finance and supply chain processes