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Category: US Motoring Press
Tesla co-founder’s EV battery company gets $2 Billion Federal Loan
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla co-founder’s EV battery company gets $2 Billion Federal Loan
Nissan reports profit jump as chip crunch eases
Tokyo — Nissan reported a 55% jump in its October-December profit Thursday, as the Japanese automaker gears up for a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan Motor Co. totaled 50.6 billion yen ($386 million), up from 32.7 billion yen in the previous year. Quarterly sales… Continue reading Nissan reports profit jump as chip crunch eases
Toyota keeps conservative profit view as CEO transition looms
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Toyota keeps conservative profit view as CEO transition looms
New 2023 Polestar 4 readied as sleek Porsche Macan EV rival
The Polestar 4 has hit the road for the first time ahead of an anticipated launch by the end of the year, giving clues to what to expect from the EV firm’s Porsche Macan rival. Pictures sent to Autocar show the rakish crossover-coupé donning light camouflage for its first round of public testing, having previously… Continue reading New 2023 Polestar 4 readied as sleek Porsche Macan EV rival
New firms should create their own legacies, not appropriate others’
I’m pleased to learn that the European Union’s Intellectual Property Office has ended a long-running dispute over the Vanwall trademark in favour of Sanderson International Marketing and against ByKolles. Sanderson builds and sells continuation examples of the Vanwall VW5, the British Formula 1 car that won the inaugural constructors’ title in 1958, here in the… Continue reading New firms should create their own legacies, not appropriate others’
New Volvo EX90 will enter production this year
At launch, only the range-topping Ultra trim level will be offered, which includes the lidar, a driver monitoring system, a panoramic glass roof and a 25-speaker Bowers & Wilkins audio system featuring Dolby Atmos. The interior is finished in Nordico upholstery, a textile made from recycled materials including PET bottles and corks. There’s also four-zone climate… Continue reading New Volvo EX90 will enter production this year
Volvo subscriptions ‘here to stay’ after huge uptick
Volvo held 49% more active car subscriptions in 2022 than in 2021, thanks to customer demand for the new ownership model, CEO Jim Rowan has said. It had roughly 25,100 subscription cars on the road during the fourth quarter of 2022, a significant increase on the 16,900 during the same period in 2021 and 5500 at… Continue reading Volvo subscriptions ‘here to stay’ after huge uptick
Volvo boss says dealers ‘flawed’ ahead of shift to agency
The traditional car sales model is “flawed”, Volvo CEO Jim Rowan has said ahead of the brand’s switch to agency sales in the UK. Speaking on a call with journalists after the company released its full-year financial results, Rowan expressed his surprise that “a $40,000-$60,000 product” could be sold without its maker ever engaging with the… Continue reading Volvo boss says dealers ‘flawed’ ahead of shift to agency
‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora
‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora Having laid a decent foundation for the India 2.0 project, the third largest market in the world will take on more significance for Skoda Auto Volkswagen India, going forward. The Czech brand wants to make India a… Continue reading ‘India a strategic base to build exports to Middle East and South Asia for Skoda’: MD Piyush Arora