General Motors Co. on Tuesday said it made $3.3 billion in net income in the third quarter, up from 2021’s third quarter profits of $2.4 billion despite a tight supply inventory still hindering sales and lessening demand amid economic uncertainty. GM’s revenue was $42 billion in the quarter, up from the $27 billion the company made… Continue reading GM beats expectations, nets $3.3 billion profit in third quarter
Category: US Motoring Press
Revealed: 2023 Ford Escape updated with new face, more tech, ST-Line
Detroit — Introduced in 2020, the fourth-generation Ford Escape gets a refresh for the 2023 model year. But in the auto market’s most popular non-truck class, no refresh is minor. Ford’s fourth best-selling vehicle — after the iconic F-150 pickup, F-series heavy duty pickups, and Explorer SUV — Ford’s compact SUV receives new model badging,… Continue reading Revealed: 2023 Ford Escape updated with new face, more tech, ST-Line
New 2023 Lotus Eletre all-electric SUV priced from £89,500
The next-generation of Lotus models is here, and leading the charge is the brand’s first-ever SUV to take on rivals from Porsche and Lamborghini, the all-electric Eletre. Pricing and specification for the Eletre has now been revealed, with a three-tier range costing from £89,500. Early customers can expect deliveries in the first half of 2023. Built… Continue reading New 2023 Lotus Eletre all-electric SUV priced from £89,500
Lotus Eletre to launch with 893bhp, £120,000 range-topper
Below the instrument panel is a blade of light that changes colour to communicate with occupants – for example, if a phone call is received. Rather than a traditional instrument cluster binnacle, there is a slim strip (less than 30mm tall) to display key vehicle and journey information. In the middle is a 15.1in landscape-oriented touchscreen that automatically… Continue reading Lotus Eletre to launch with 893bhp, £120,000 range-topper
Opinion: Superminis are en route to extinction
If ever you wanted an example of just how much and how quickly the car industry is changing, look no further than the Ford Fiesta going out of production. From being Britain’s best-selling car for as long as anyone can remember to dropping out of the top 10 last year when the chip shortage hit car… Continue reading Opinion: Superminis are en route to extinction
Ford Fiesta production set to end next year
The Ford Fiesta could be discontinued as early as next year because it won’t get an electric successor, a report has claimed. The supermini has fallen out of favour with the British public in recent years, with buyers flocking to the rival Vauxhall Corsa – the UK’s best-selling car in 2021 – and the Ford Puma crossover. The Puma… Continue reading Ford Fiesta production set to end next year
Honda City sedan celebrates 25 years in India
It is no secret that in a price-conscious market like India, to establish impeccable credentials is no mean feat. It takes a lot of effort to do so. As Honda Cars India (HCIL) commemorates the silver jubilee of Honda City in India, the occasion is more than just a testimony to the dream that Honda’s… Continue reading Honda City sedan celebrates 25 years in India
All-new Toyota bZ3 revealed as pure-electric saloon
One of the cars teased during Toyota’s 11-car concept unveiling last year was an executive saloon with pure-electric power, and now we can see the finalised product – the bZ3. The name follows on from the bZ4X that arrived in the UK earlier this year and the new saloon car also shares the same platform… Continue reading All-new Toyota bZ3 revealed as pure-electric saloon
2023 Mazda MX-5 receives new trim levels
The MX-5 is the most popular roadster in the world, and hoping to maintain that success, Mazda will introduce three new trim level variants for the soft-top convertible and hard-top RF. The 2023 MX-5 is available to order now, with Mazda saying customers can expect first deliveries in March next year. The fourth-generation MX-5 has… Continue reading 2023 Mazda MX-5 receives new trim levels
Ford Fiesta set to be axed
The Ford Fiesta supermini will be axed from Ford‘s line-up according to rumours, with a briefing outlining the brand’s plans for the big-selling small hatchback expected later this week. Auto Express understands that an official statement with news of the Fiesta’s demise – as well as plans that outline when the Blue Oval’s iconic supermini will… Continue reading Ford Fiesta set to be axed