General Motors Co. will offer buyouts to Buick dealers in the U.S. who decide not to opt in to the brand’s plans to be all-electric by 2030, the company confirmed Friday. The news first was reported by the Wall Street Journal ahead of a Buick dealer meeting on Friday. The buyout program would be open… Continue reading Buick to offer buyouts to U.S. dealers as brand prepares for all-electric future
Category: US Motoring Press
Ford sales up 27.3% in August; EVs see strong gains
Ford Motor Co. saw sales gains across much of its U.S. lineup in August, fueling growth of 27.3% over the same month last year and outpacing the automotive industry’s overall performance. The Dearborn automaker sold 158,088 vehicles in the U.S. last month, up from 124,176 in August 2021. It saw gains of 13.2%, 47.7% and 307.3%,… Continue reading Ford sales up 27.3% in August; EVs see strong gains
New $52 million federal grant to boost mobility innovation in Michigan
Washington — The Detroit Regional Partnership Foundation is to receive a $52.2 million federal grant from a Department of Commerce program to boost and advance mobility innovation in the auto industry, officials said Friday. The Michigan proposal was among 21 winners of a $1 billion challenge funded by last year’s $1.9 trillion coronavirus relief package. The intent is to create jobs… Continue reading New $52 million federal grant to boost mobility innovation in Michigan
Your guide to the 2022 North American International Auto Show in Detroit
The Detroit Automobile Dealers Association moved the 2022 North American International Auto Show, the first since January 2019, to a more climate-friendly time of year, Sept. 14-25 at Huntington Place. Besides moving to a warmer season, the show is incorporating new features and attractions, including outdoor activations and ride and drives, in-flight demonstrations and displays from six air… Continue reading Your guide to the 2022 North American International Auto Show in Detroit
Blue Energy Motors opens India’s first LNG truck plant in Chakan
Blue Energy Motors today inaugurated India’s first Liquified Natural Gas (LNG) fuelled green truck manufacturing plant at Chakan, Pune. The facility was inaugurated by Nitin Gadkari, Union Minister of Road Transport and Highways. Blue Energy Motors, which aims to disrupt the trucking industry in India by manufacturing clean energy, near-zero emissions trucks, will roll out LNG-fueled, long-haul,… Continue reading Blue Energy Motors opens India’s first LNG truck plant in Chakan
Daimler India CV partners IIT Madras Incubation Cell to catalyse future mobility solutions
Prof. Ashok Jhunjhunwala, President – IIT Madras Research Park, IITM Incubation Cell and Satyakam Arya, MD & CEO, Daimler India CV. Daimler India Commercial Vehicles (DICV) today signed a Memorandum of Understanding (MoU) with IIT Madras Incubation Cell (IITMIC) to set up a technology epicenter to identify mid- to long-term solutions necessary for the future… Continue reading Daimler India CV partners IIT Madras Incubation Cell to catalyse future mobility solutions
M&M’s FES sales of tractor up 1 percent
Mahindra & Mahindra’s Farm Equipment Sector (FES), part of the Mahindra Group said its domestic sales in August 2022 were at 20138 units, as against 19997 units during August 2021, which is one percent. Total tractor sales (Domestic and Exports) during August 2022 were at 21520 units, as against 21360 units for the same period last year. Exports for August alone stood at 1382 units, an… Continue reading M&M’s FES sales of tractor up 1 percent
BMW starts production of fuel cell systems for iX5 Hydrogen
The BMW Group has commenced fuel cell system production at its competence centre for hydrogen in Munich. By the year-end, a small series of BMW iX5 Hydrogen cars will be entering service around the world for test and demonstration purposes. “As a versatile energy source, hydrogen has a key role to play on the road… Continue reading BMW starts production of fuel cell systems for iX5 Hydrogen
British repower company reveals modular platform to speedily convert diesel buses to electric
UK-based expert bus repower company Kleanbus has revealed first images of its advanced modular platform technology, which can turn any bus, whether single or double decker, from ICE to fully electric quickly and cost-effectively. With climate change escalating and poor air quality in cities reaching critical levels, decarbonising transport has become one of the greatest… Continue reading British repower company reveals modular platform to speedily convert diesel buses to electric
Lumax Industries mulls greenfield expansion in western India
Lumax Industries, a key supplier of lighting products, is in the process of evaluating its regional capabilities in line with its strong order book. The company has orders worth over Rs1,000 crore from both car and two-wheeler players, of which 90 percent is from new businesses. Of the new business, about 30 percent is from… Continue reading Lumax Industries mulls greenfield expansion in western India