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Category: US Motoring Press
GM CFO: 5,000 salaried employees have signed up for buyout; no layoffs planned
About 5,000 people have signed up for General Motors Co.’s buyout offer, CFO Paul Jacobson said during a BofA Securities Inc. presentation Tuesday. The automaker announced a voluntary separation program for most of its U.S. salaried employees in early March. GM employs about 58,000 salaried workers in the United States. Eligible employees had to sign… Continue reading GM CFO: 5,000 salaried employees have signed up for buyout; no layoffs planned
Gordon Murray plots third and final pure-V12 supercar
The third project from Gordon Murray Automotive could continue to draw its power from a naturally aspirated V12 engine, pushing back the young firm’s first hybrid unit until Project Four. Speaking to Autocar, founder Gordon Murray said recent European exemptions to the 2035 new combustion cars ban – which allow car makers producing fewer than 1000… Continue reading Gordon Murray plots third and final pure-V12 supercar
New GMA T33 Spider brings 609bhp V12 for £1.8m
“We wanted to make the Spider experience even more visceral and create an experience that no other car can offer”, added Murray, who penned the car along with design assistant Kevin Richards. “This is not a car to be driven down the boulevard at 10mph. This is not a poser’s car; this is going to… Continue reading New GMA T33 Spider brings 609bhp V12 for £1.8m
Self-driving buses enter service on UK roads for first time
The UK’s first autonomous bus fleet will operate services on public roads in east Scotland from next month. The project, named CAVForth, involves a fleet of five driverless buses operating services over a frequent timetable between hubs in Edinburgh and Fife. It is predicted to cater for around 10,000 passenger journeys per week. Operator Stagecoach,… Continue reading Self-driving buses enter service on UK roads for first time
New 2023 Renault Clio survives petrol supermini exodus
The future of the Renault Clio is set to be safeguarded by a dramatic update in the coming months, making it one of a select few ICE superminis to remain on sale in the face of various headwinds. The French hatchback will receive a radical styling overhaul with a new, sharper front end featuring slimmer… Continue reading New 2023 Renault Clio survives petrol supermini exodus
Finding the perfect replacement for a beloved Ford Fiesta
Writing stories about the demise of the Ford Fiesta a few months ago had me wondering: just what would Ford dealers be able to say and to offer Fiesta buyers when their current finance deals came to an end? Britain’s one-time most popular car has been swapped one into another by buyers for years, personal… Continue reading Finding the perfect replacement for a beloved Ford Fiesta
Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations
Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations Gemopai Electric Scooters, India’s electric two-wheeler manufacturer, is all set to make a significant impact on the two-wheeler market with its aggressive expansion plans. With YoY growth in the last three years from 2019 to 2021… Continue reading Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations
Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations
Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations Gemopai Electric Scooters, India’s electric two-wheeler manufacturer, is all set to make a significant impact on the two-wheeler market with its aggressive expansion plans. With YoY growth in the last three years from 2019 to 2021… Continue reading Gemopai Electric Scooters eyes major market share with aggressive marketing strategy; plans to open outlets in 300 new locations
Eveez increases 700 eBikes to 3500+ eBikes
Eveez, a Gurugram-based provider of electric vehicle subscriptions, has increased its fleet from 700 eBikes to 3500+ eBikes and adding Bengaluru to its operations, and has witnessed growth of 5X this year. Going forward, EVeez aims to maintain its growth momentum and is projecting to grow 5X in the coming FY 2024 as well. The… Continue reading Eveez increases 700 eBikes to 3500+ eBikes