University of Michigan economists believe a “mild” U.S. recession is coming — but they say Michigan could be insulated from the worst effects thanks to the strength of its automotive sector. Those are some of the takeaways from annual forecasts on the U.S. and state economies released Thursday at the university’s 70th annual Economic Outlook… Continue reading UM economists: ‘Mild’ recession likely — but auto sector might insulate Michigan
Category: US Motoring Press
Jaguar Land Rover to hire redundant Meta and Twitter staff
Jaguar Land Rover (JLR) plans to capitalise on mass lay-offs at Meta and Twitter as it accelerates its push to become a data-first company. JLR is offering “almost 800” vacancies across China, Hungary, India, Ireland, the UK and the US with hybrid working patterns for those displaced in the tech industry. The emphasis of hybrid working is… Continue reading Jaguar Land Rover to hire redundant Meta and Twitter staff
Formula 1 sets up academy to support growth of female drivers
Formula 1 has launched the F1 Academy, a female-only driver series to support the development of a new generation of young drivers and reach the “highest level in motorsport”. Female drivers currently in karting and other junior categories will have the opportunity to work with professional teams to progress through the ranks and gain a… Continue reading Formula 1 sets up academy to support growth of female drivers
Close look at new Porsche Boxster EV ahead of 2025 launch
The electric successor to the wildly successful Porsche 718 Boxster has started testing on public roads, giving a first look at Stuttgart’s highly anticipated third EV model line. The next-generation Porsche 718 Cayman and 718 Boxster are set to adopt a bespoke electric sports car platform designed to mimic the current combustion cars’ mid-engined characters and… Continue reading Close look at new Porsche Boxster EV ahead of 2025 launch
Autumn Statement confirms rising costs for electric fleets
Electric vehicle fleets are facing rising operating costs, as the Autumn Statement details £55 billion of tax and spending reforms over the next five financial years. Following industry lobbying, fleets received long-overdue confirmation of company car tax bands to April 2028. These are CO2-weighted percentages of the list price used to calculate a car’s taxable… Continue reading Autumn Statement confirms rising costs for electric fleets
Celebi Aviation rolls out JBM electric tarmac coaches at Delhi International Airport
Celebi Aviation rolls out JBM electric tarmac coaches at Delhi International Airport Aligned with the Indian aviation ministry’s aim to decarbonise the aviation segment by 2030, Celebi Aviation India has introduced the first ever full-electric air-conditioned tarmac coaches for passenger transportation in India at the Delhi International Airport. Twelve such EcoLife tarmac coaches, made by… Continue reading Celebi Aviation rolls out JBM electric tarmac coaches at Delhi International Airport
Hyundai Motor Czech rolls out its 4 millionth car
Following the first millionth unit in 2013, the second in 2016 and the third in 2019, Hyundai Motor is now celebrating another milestone at its Hyundai Motor Manufacturing Czech (HMMC) plant in Nosovice, Czech Republic. On Monday, November 14, HMMC produced a car with the serial number 4,000,000. The landmark car was a Hyundai Tucson… Continue reading Hyundai Motor Czech rolls out its 4 millionth car
Cummins India wins Golden Peacock Sustainability Award 2022
Cummins India bagged the prestigious Golden Peacock Sustainability Award 2022 in the engineering sector. The award was presented at the Institute of Directors’ Annual London Global Convention on Corporate Governance and Sustainability. Cummins, which is celebrating 60 years of operations in India, won the award for actioning a robust sustainability strategy and commendable performance across sustainability… Continue reading Cummins India wins Golden Peacock Sustainability Award 2022
McLaren all set to grow its footprint in India
McLaren recently inaugurated its first showroom in India and took the opportunity to unveil the 765LT Spider, adding to the GT and 720S line-up that it already began selling here after a soft launch earlier this year. The British marque will also soon launch the Artura, its first hybrid, which is set to arrive at… Continue reading McLaren all set to grow its footprint in India
McLaren all set to grow its footprint in India
McLaren recently inaugurated its first showroom in India and took the opportunity to unveil the 765LT Spider, adding to the GT and 720S line-up that it already began selling here after a soft launch earlier this year. The British marque will also soon launch the Artura, its first hybrid, which is set to arrive at… Continue reading McLaren all set to grow its footprint in India