Global component and technology major remains on the offensive in its digital transformation. By 2025, the supplier of technology and services will have invested 10 billion euros (Rs 81,990 crore) in digitalisation and connectivity. Two-thirds of this will go toward developing and expanding promising new technologies, with a focus on sustainability, mobility, and Industry 4.0.… Continue reading Bosch to invest 10 billion euros in digitalisation and connectivity by 2025
Category: US Motoring Press
Skoda Auto eyes double digit growth in 2023, to end this year with record sales of 50,000 units
For Volkswagen Group’s Skoda brand, India has become the third largest market in the world. It is therefore understandable that the Czech car maker Skoda Auto India is aiming to sustain the strong double digit growth momentum in 2023 led by slew of product interventions. The maker of Slavia sedan and Kushaq SUV is set… Continue reading Skoda Auto eyes double digit growth in 2023, to end this year with record sales of 50,000 units
How MG plans to keep the sales momentum rolling through 2023
The new MG 4 will be key to the brand’s strategy Close News 6 mins read 10 November 2022 Access to this content requires a subscription to Autocar Business The Knowledge. To subscribe, please see below and to login please click here ]]> Basic Register Access to additional free article Regular newsletters to help… Continue reading How MG plans to keep the sales momentum rolling through 2023
Toyota Prius successor to be shown on 16 November
Toyota will reveal a new hybrid model – understood to be a successor to the Prius – on Wednesday 16 November. The car was previewed by an image posted to the firm’s Japanese social media accounts today, featuring the strapline “Hybrid Reborn” underneath a headlight. This indicates that the new model will use a different hybrid… Continue reading Toyota Prius successor to be shown on 16 November
Rivian Lost $1.7 Billion in the Third Quarter
Rivian, an electric vehicle start-up that aims to compete with Tesla, on Wednesday reported another substantial quarterly loss as it worked to increase production. The company said it lost $1.7 billion in the three months that ended in September, compared with a loss of $1.2 billion in the same period a year earlier. Rivian has… Continue reading Rivian Lost $1.7 Billion in the Third Quarter
New Volvo ‘EX40’ small electric SUV teased
Volvo has just revealed a new flagship all-electric SUV in the form of the new EX90. But it will be joined by a new entry-level Volvo ‘EX40’ electric car as soon as next year, according to a new video shown by the brand. Timed to coincide with the world-debut of the EX90, a short teaser… Continue reading New Volvo ‘EX40’ small electric SUV teased
New Volvo EX90 electric SUV arrives with £96,255 price tag
Volvo has already dipped its toes into the electric car market, but in 2024, it hopes to land its first heavyweight blow. Meet the Volvo EX90, the all-electric replacement for the XC90 seven-seat SUV that will enter production towards the end of next year. Its bluff silhouette, sharp shoulder line and “Thor hammer” headlights are… Continue reading New Volvo EX90 electric SUV arrives with £96,255 price tag
Top 10 best 7-seater cars to buy 2022 / 2023
Over the last 40 years or more, UK car buyers have taken the idea of the seven-seater car firmly to their hearts. Today, seven-seat vehicles are hugely popular with families but the latest crop bear little resemblance to those on offer even a decade ago. Here we round off the top 10 best seven-seater cars… Continue reading Top 10 best 7-seater cars to buy 2022 / 2023
Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive on Wednesday reaffirmed its 25,000-vehicle production target for 2022, but said it plans to spend less to do it as the company… Continue reading Rivian sticks to full-year EV production target as quarterly losses come in narrower than expected
Tesla sinks to almost two-year low on Elon Musk stock sales, Twitter distraction
Tesla CEO Elon Musk speaks at an event in Hawthorne, California April 30, 2015. Patrick T. Fallon | Reuters Tesla shares dropped more than 7% on Wednesday to close at $177.59, their lowest since November 2020, after CEO Elon Musk disclosed the sale of close to $4 billion worth of stock in the electric car… Continue reading Tesla sinks to almost two-year low on Elon Musk stock sales, Twitter distraction