Washington — The Biden Administration on Tuesday released a “blueprint” for reaching net-zero transportation emissions nationwide by 2050. The report is to be considered a “toolkit” for eliminating greenhouse gas production from the country’s transportation, from cars and trucks to planes, trains and shipping, administration officials said. The plan suggests making it more convenient for… Continue reading Biden administration releases ‘toolkit’ for net-zero transportation
Category: US Motoring Press
From service to retail, here’s how the metaverse is reshaping the auto industry
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 From service to retail, here’s how the metaverse is reshaping the auto industry
Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant
Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant Tata Passenger Electric Mobility Limited (“TPEML”), a subsidiary of Tata Motors Limited (“TML”), and Ford India Private Limited (“FIPL” and together with TPEML, “Parties”) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand,… Continue reading Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant
Chip shortage to hit 2023 sales, warns Volkswagen
Volkswagen has warned that 2023 will be a “volatile and challenging year” for car sales, due to the ongoing effects of the chip shortage, which restricted its sales during 2022. Overall, the German brand sold 4.56 million cars in 2022, a 6.8% shortfall compared with the previous year. This was due to “persistent supply shortages”, said… Continue reading Chip shortage to hit 2023 sales, warns Volkswagen
Mercedes-Benz sales stable amid logistical challenges
Mercedes-Benz‘s sales stagnated during 2022, despite growth in the majority of regions in which it operated. In total, the German manufacturer sold 2,043,900 cars during 2022, a 1% (49,576) shortfall compared with the previous year and 16% (355,736) less than the rival BMW Group. Mercedes attributed the slump to Covid measures (namely repeated lockdowns in China) restricting… Continue reading Mercedes-Benz sales stable amid logistical challenges
New BMW 5 Series: all-electric BMW i5 confirmed for 2023 launch
The seventh-generation BMW 5 Series will bow out after seven years in 2023, and the German car maker has now confirmed that the model’s all-electric counterpart will also go on sale this year. Set to radically transform the model both technologically and stylistically, the new BMW i5 forms a major part of BMW’s transition to… Continue reading New BMW 5 Series: all-electric BMW i5 confirmed for 2023 launch
BMW Group doubles EV sales amid overall decline
The BMW Group saw significant growth in electric car sales during 2022, but an array of obstacles prevented the company from matching the overall sales volumes it achieved in 2021. In total, the BMW Group sold 2,399,636 cars during 2022, 4.8% (121,878) fewer than in 2021. It attributed the shortfall to supply-chain problems, China’s continuing Covid… Continue reading BMW Group doubles EV sales amid overall decline
Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022
Volkswagen continues to make rapid progress with the transformation to e-mobility: at around 330,000 units, worldwide deliveries of all-electric vehicles (Battery Electric Vehicles – BEVs) grew 23.6 percent year-on-year. Overall though, Volkswagen brand deliveries of all drive types were slightly down on the previous year due to the strained supply situation: 4.56 million vehicles (-6.8%)… Continue reading Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022
Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022
Volkswagen continues to make rapid progress with the transformation to e-mobility: at around 330,000 units, worldwide deliveries of all-electric vehicles (Battery Electric Vehicles – BEVs) grew 23.6 percent year-on-year. Overall though, Volkswagen brand deliveries of all drive types were slightly down on the previous year due to the strained supply situation: 4.56 million vehicles (-6.8%)… Continue reading Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022
Lamborghini sales grow 10% to 9,233 units in best-ever year
In line with the global sales trend for luxury carmakers last year, Lamborghini too has announced record sales for CY2022. The Italian manufacturer clocked its best sales figures ever in its history – 9,233 cars worldwide, which is an increase of 10% over CY2021. Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, said: “Our trend of… Continue reading Lamborghini sales grow 10% to 9,233 units in best-ever year