Honda Motor Co and GS Yuasa have announced that they have reached a basic agreement toward collaboration for a high-capacity, high-output lithium-ion battery. The two companies will discuss specifics with the goal of establishing a joint venture company by the end of 2023. In order to address the rapidly growing demand for batteries, the two companies plan… Continue reading Honda and GS Yuasa to develop high-capacity, high-output lithium-ion battery
Category: US Motoring Press
Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth
Porsche India has announced that 2022 has been its best year in terms of sales in the country. The German manufacturer sold a total of 779 cars and SUVs last year and its EV – the Taycan – accounted for 10% of entire sales. Worldwide sales for Porsche in 2022 were sold 309,884 vehicles, an increase of 3%… Continue reading Porsche India sells record 779 cars and SUVs in 2022, notches 64% growth
Lamborghini India achieves best-ever annual sales in CY2022
In line with the global sales trend for luxury carmakers last year, Lamborghini too has announced record global sales for CY2022 – 9,233 cars – and an increase of 10% over CY2021 numbers. Of this, the India market contributed 92 units, which is Lamborghini India’s best-ever annual sales to date and a year-on-year growth of 33… Continue reading Lamborghini India achieves best-ever annual sales in CY2022
Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business
Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business Shriram Pistons & Rings (SPRL), a leading Indian component player in the conventional-powertrain domain, has reaffirmed its commitment to the internal-combustion engine (ICE), even as it simultaneously gears up to cater to the future industry requirements of clean mobility technologies.… Continue reading Shriram Pistons & Rings readies solutions for CNG, LNG powertrains, eyes growth in EV business
Cost of living crisis dampens demand for EVs
The cost of living crisis has significantly reduced buyer interest in electric cars, data from What Car? Insight has revealed. Between March and July 2022, more buyers signalled their intent to buy an EV than they did a pure petrol or diesel model. The proportion of buyers who planned to go electric peaked at 41.8% in July,… Continue reading Cost of living crisis dampens demand for EVs
Porsche 356 reborn for 2023 with 718 GT4 RS power
Porsche has revisited its beginnings with this new design concept, created as one of “many” 75th-birthday presents the sports-car company will be gifting itself over the coming year. The Vision 357 is a modern take on the 356, which in 1948 became the first production car to bear the Porsche name and went on to… Continue reading Porsche 356 reborn for 2023 with 718 GT4 RS power
Opinion: Why Alpina B5 GT is not just a rebadged BMW M5 CS
It’s tempting to view the Alpina B5 GT as an answer to the BMW M5 CS, but the clue is in the name. The Alpina is badged ‘Grand Touring’ while the M car is designated ‘Club Sport’. You can therefore guarantee that while the CS has (very successfully) gone off in search of pastures more hardcore compared… Continue reading Opinion: Why Alpina B5 GT is not just a rebadged BMW M5 CS
Mazda 6 axed in UK after 20 years as sales dwindle
The Mazda 6 been axed from the firm’s UK line-up after two decades, due to a decline popularity. In a statement sent to Autocar, Mazda UK confirmed the decision was made to axe the Skoda Superb rival after sales dwindled in the segment, with customers prioritising SUV purchases. The Japanese firm will now focus on the Mazda CX-60 plug-in hybrid,… Continue reading Mazda 6 axed in UK after 20 years as sales dwindle
GM looks to hire tech talent from massive job cuts in Silicon Valley
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. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading GM looks to hire tech talent from massive job cuts in Silicon Valley
Tesla’s Profit Jumped 12% in Fourth Quarter
Tesla said Wednesday that profit in the fourth quarter of 2022 rose 12 percent from the previous quarter, above Wall Street expectations, capping a tumultuous year that included intensifying competition, supply chain disruptions and concerns about the behavior of its chief executive, Elon Musk. Net profit for the quarter was $3.7 billion, up from $3.3… Continue reading Tesla’s Profit Jumped 12% in Fourth Quarter