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Category: US Motoring Press
CEAT’s SportDrive promises plenty
CEAT has launched an ultra-high-performance tyre range – CEAT SportDrive and CEAT SportDrive SUV for the luxury car segment in India. Originally introduced in 2017, the product has been customised for Indian roads. SportDrive tyres have been developed specifically for the luxury sedans and SUVs in the Indian automotive market and has been crafted to ensure superior control… Continue reading CEAT’s SportDrive promises plenty
India Auto Inc drives towards strong FY2023, Q1 wholesales soar 55 percent
There is a growing feel-good mood and optimism among automakers in India. June 2022 wholesales for India Auto Inc at 1,611,300 units are a strong 24% year-on-year increase (June 2021: 1,301,602) with all vehicle segments in the black. The first quarter (April-June 2022) FY2023 numbers better that growth. With overall wholesales of 4,935,870 units, India Auto… Continue reading India Auto Inc drives towards strong FY2023, Q1 wholesales soar 55 percent
Racing lines: Porsche’s Adam Smalley aiming for Le Mans seat
When the wraps were taken off of the Porsche 963 LMDh Le Mans contender at the Goodwood Festival of Speed last month, among the figures in team gear watching on was a young British driver few will have reason to recognise. Yet. Adam Smalley, 21, is backing himself to change all that in the next couple… Continue reading Racing lines: Porsche’s Adam Smalley aiming for Le Mans seat
Pagani to continue releasing V12 hypercars after scrapping EV plan
He added, however, that he never gets complacent about demand and remains respectful of market conditions that could affect his company, because many of its customers work in financial services. “We’re a success, but a lot can happen suddenly,” he said. “There’s a difference between success at the moment and foresight of the future.” To… Continue reading Pagani to continue releasing V12 hypercars after scrapping EV plan
GM subsystem workers at 4 Michigan plants ratify a new contract
UAW members at four Michigan plants have a new national contract with General Motors’ Subsystems Manufacturing LLC. On Wednesday the 600 subsystems employees ratified the contract by a 96% “yes” vote. In it, they will get a pay raise, a $7,000 ratification bonus and other benefits such as new dental and vision coverage as well as a new profit… Continue reading GM subsystem workers at 4 Michigan plants ratify a new contract
Stellantis CEO says changing economic climate will have implications for startups
Stellantis CEO Carlos Tavares said Wednesday that the changing economy will have implications for the world of startups and is proving the value of the company’s bet on them this year. Tavares made his comments during an online awards announcement to highlight the company’s partnerships with startups. Because governments are boosting interest rates to fight inflation, getting… Continue reading Stellantis CEO says changing economic climate will have implications for startups
Auto Safety Agency Expands Tesla Investigation
The federal government’s top auto-safety agency is significantly expanding an investigation into Tesla and its Autopilot driver-assistance system to determine if the technology poses a safety risk. The agency, the National Highway Traffic Safety Administration, said Thursday that it was upgrading its preliminary evaluation of Autopilot to an engineering analysis, a more intensive level of… Continue reading Auto Safety Agency Expands Tesla Investigation
Americans are paying record-high prices for new vehicles
If investors are looking for signs of a recession or weakening consumer spending, they can skip over new vehicle prices, which reached a new record in June. Go to Source
Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
The Panasonic plant will reportedly supply Tesla, whose demand for batteries is increasing as it ramps up production. Go to Source