Oil major Aramco to invest in Renault-Geely’s internal combustion powertrain company

Oil major Aramco to invest in Renault-Geely’s internal combustion powertrain company Global oil major Saudi Aramco has signed a letter of intent to become a potential minority stakeholder in a new powertrain technology company (PWT), to be established by Geely and the Renault Group. The new company will be dedicated to internal combustion and hybrid powertrain… Continue reading Oil major Aramco to invest in Renault-Geely’s internal combustion powertrain company

TVS iQube sells over 10,000 units four months in a row, 15,522 in February

TVS Motor Co’s iQube is on a roll. At 15,522 units in February 2023, the electric scooter has recorded its best-ever monthly wholesales since it was launched in January 2020. What’s more, the iQube has surpassed the 10,000 units sales mark for the fourth consecutive month (see data table below), indicative of the sustained as… Continue reading TVS iQube sells over 10,000 units four months in a row, 15,522 in February

TVS iQube sells over 10,000 units four months in a row, 15,522 in February

TVS Motor Co’s iQube is on a roll. At 15,522 units in February 2023, the electric scooter has recorded its best-ever monthly wholesales since it was launched in January 2020. What’s more, the iQube has surpassed the 10,000 units sales mark for the fourth consecutive month (see data table below), indicative of the sustained as… Continue reading TVS iQube sells over 10,000 units four months in a row, 15,522 in February

Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023

Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023 Maruti Suzuki, India’s largest car maker, continues to face disruption in supplies of semiconductor chips. As a result of this, the company has now issued a guidance for higher impact in March 2023 than what it experienced… Continue reading Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023

Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023

Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023 Maruti Suzuki, India’s largest car maker, continues to face disruption in supplies of semiconductor chips. As a result of this, the company has now issued a guidance for higher impact in March 2023 than what it experienced… Continue reading Chip shortage may lead to production loss of 175,000 units or Rs 11,000 crore for Maruti Suzuki in FY2023

F-150 Lightning production shutdown to last 5 weeks, Ford says

Ford Motor Co. said Thursday it plans to restart production of the all-electric F-150 Lightning at the Rouge Electric Vehicle Center in Dearborn on March 13 — ending what will be a five-week disruption. Ford stopped factory operations on the Lightning immediately following a Feb. 4 battery fire in a holding lot in Dearborn that… Continue reading F-150 Lightning production shutdown to last 5 weeks, Ford says

Ford unveils its new AI company after pulling out of Argo AI

Ford Motor Co. has created a wholly owned subsidiary that will focus on developing a hands-free, eyes-off-the-road automated driving system called Latitude AI, the automaker announced Thursday. This news comes five months after the Dearborn automaker announced in its third quarter earnings report in October 2022 that Ford was exiting its investment in the driverless-tech… Continue reading Ford unveils its new AI company after pulling out of Argo AI

UAW, Stellantis execs play blame game as automaker cuts jobs to make up for EV costs

Rich Boyer was headed to Belvidere, Illinois, on Tuesday, where he planned to meet with UAW members from the Jeep Cherokee plant being idled there. He said he expected difficult conversations. “I’m going to look at a group of people who are heartbroken,” said Boyer, who took office in December as one of the union’s… Continue reading UAW, Stellantis execs play blame game as automaker cuts jobs to make up for EV costs

New Mercedes E-class sedan will have artificial intelligence, Zoom calls, disco lights

Artificial intelligence and advanced entertainment and information features will adorn the next version of Mercedes’s E-class when the midsize luxury sedan debuts later this year. Mercedes recently provided a glimpse, showing an elaborately equipped interior while hiding the car’s exterior styling under a shroud. Some of the features are shared with Mercedes new EVs, including… Continue reading New Mercedes E-class sedan will have artificial intelligence, Zoom calls, disco lights

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