2025 Jeep Cherokee SUV Stellantis DETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which the company expects to assist in the brand’s turnaround when it arrives later this year. The Stellantis brand said the new midsize SUV will feature a hybrid powertrain option but declined to specify… Continue reading Jeep reveals new Cherokee SUV, confirms hybrid model
Category: US Motoring Press
Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Elon Musk needs to spend more time at Tesla as his electric vehicle company faces a “crisis,” according to a letter on Wednesday from a group of pension fund leaders who manage investments in the company. “Tesla’s stock price volatility, declining sales, as… Continue reading Tesla investors demand Musk work 40-hour week at EV maker as ‘crisis’ builds
First official pictures of new Jeep Cherokee ahead of 2026 launch
Jeep has provided the first look at the next-generation Cherokee ahead of its official debut later this year and an expected European launch in 2026. The first pictures of Jeep’s Land Rover Discovery rival confirm that it will look very similar to the recently revealed Compass, above which it sits in the SUV brand’s line-up.… Continue reading First official pictures of new Jeep Cherokee ahead of 2026 launch
Autocar partners Siemens for 2025 awards and software webinar
Technology giant Siemens has been named as the sponsor of the 2025 Autocar Awards, which will celebrate the people and organisations shaping the future of automotive – as well as the best cars on sale. This year’s awards ceremony takes place on 24 June, where Autocar and Siemens will name the industry’s most innovative and… Continue reading Autocar partners Siemens for 2025 awards and software webinar
EV charger installations no longer require planning permission
The UK government will now allow the installation of EV chargers without planning permission from a local authority, regardless of whether it’s for private or public use. The move is intended to accelerate the roll-out of EV chargers across the UK, the previous Conservative government having set a target for the installation of 300,000 chargers across the nation… Continue reading EV charger installations no longer require planning permission
Indian EV Industry Could Run Out of Rare Earth Magnets by July: Bajaj Auto
Bajaj Auto’s Executive Director Rakesh Sharma warned that the shortage of rare earth magnets—a key component in electric vehicle motors—could significantly impact the company’s production plans by July if supply bottlenecks persist. “The rare earth situation is a very difficult one. An onerous process has been hammered together for import approvals. This involves end-use declaration… Continue reading Indian EV Industry Could Run Out of Rare Earth Magnets by July: Bajaj Auto
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Motherson Group has set a new five-year revenue target in line with its practice of coming out with five-year plans twice every decade—consolidated gross revenue of $108 billion by FY30. Its last five-year plan was announced in 2020, with a targeted net sales of $36 billion by FY25 at a constant dollar exchange rate of… Continue reading Motherson Group Unveils New Five Year Plan, Targets $108 bln Sales
Bajaj Auto Posts Record Rs. 50,000 Cr Revenue in FY25; Chetak Tops E-Scooter Sales in Q4
Bajaj Auto reported its highest-ever revenue of over Rs 50,000 crore in the financial year ended March 2025–marking an increase of 12% on year–alongside record profit and cash reserves, fueled by robust electric vehicle sales, strong export momentum, and a sharp rise in premium motorcycle volumes from Triumph and KTM, Executive Director Rakesh Sharma said… Continue reading Bajaj Auto Posts Record Rs. 50,000 Cr Revenue in FY25; Chetak Tops E-Scooter Sales in Q4
Ola Electric sees auto profitability at monthly sales of 25,000 units, likely in Q2FY26
Electric two-wheeler major Ola Electric Ltd, which was earlier expecting its automotive segment to break even at average monthly sales of 50,000 units, is now projecting EBITDA breakeven for the business at the monthly sales of approximately 25,000 units. “And as a result of cost savings, as well as our network project Vistaar, the break-even… Continue reading Ola Electric sees auto profitability at monthly sales of 25,000 units, likely in Q2FY26