watch now The outlook on consumer spending continues to get cloudier. Last week, consumer sentiment slid to its second-lowest reading on record while recent credit card data showed that many Americans are starting to cut back. Walmart, Microsoft and Subaru are just some of the companies that have warned of price increases related to tariffs,… Continue reading What CEOs from auto, housing, travel and ad markets are saying about tariffs, consumer spending and the economy
Category: US Motoring Press
Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
Elon Musk is interviewed on CNBC from the Tesla headquarters in Texas. CNBC Tesla CEO Elon Musk confirmed that the company will have robotaxis on the streets of Austin, Texas, by the end of June. In an interview with CNBC’s David Faber on Tuesday at the company’s headquarters in Austin, Musk said Tesla aims to… Continue reading Elon Musk confirms Tesla plan for robotaxis on Austin roads in June
Cadillac’s EVs are attracting new buyers, including more customers trading in Teslas
A Cadillac all-electric 2025 Escalade IQ luxury SUV is displayed during press day of the North American International Auto Show in Detroit, Michigan, September 14, 2023. Rebecca Cook | Reuters DETROIT — Cadillac’s expanding all-electric vehicle lineup is attracting a notable number of new buyers to the American luxury brand, including an increase this year… Continue reading Cadillac’s EVs are attracting new buyers, including more customers trading in Teslas
DriveX Dealer Doubles Sales in First Month as Franchise Network Reaches 75 Outlets
DriveX, a platform for pre-owned two-wheelers in India, has expanded its Franchise Owned Franchise Operated (FOFO) network to 75 outlets. The company reported that a new franchise dealer in Anekal, Bengaluru, achieved twice the expected vehicle sales in the first month of operations. DriveX’s model focuses on technology-based operations, standardised refurbishment, and bundled services including… Continue reading DriveX Dealer Doubles Sales in First Month as Franchise Network Reaches 75 Outlets
Volkswagen Polo GTI
Despite the Polo GTI’s impressive on-paper performance credentials, it’s not really the sort of car to shout about its sporting abilities on a visual front. As with the exterior, the approach taken to its cabin errs on the side of conservatism. In fact, it’s largely similar to that of a regular, yet generously equipped, standard Polo.… Continue reading Volkswagen Polo GTI
BMW fits solid-state battery to i7 as it ramps up new tech testing
BMW Group has fitted a BMW i7 with a solid-state battery as it ramps up testing of the next-generation technology. Working with partner Solid Power, the pack – known as ASSB, for all-solid-state battery – uses cells that yield a higher density but which are smaller and lighter than those in the lithium ion batteries used by BMW… Continue reading BMW fits solid-state battery to i7 as it ramps up new tech testing
New Fiat Grande Panda 4×4 concept previews rugged supermini
The new Fiat Grande Panda 4×4 concept previews a revival of the cult classic go-anywhere supermini and the latest expansion of the Italian firm’s fast-growing line-up. The original Panda 4×4 was launched in 1983 and quickly became a cult classic, thanks to the raised ride height and rugged styling elements that made it an affordable off-roader. The… Continue reading New Fiat Grande Panda 4×4 concept previews rugged supermini
JK Tyre Targets Double-Digit Sales Growth in FY26
JK Tyre & Industries Ltd expects to clock double-digit revenue growth in FY26, driven by anticipated growth across vehicle segments and replacement demand. The company’s optimism stems from expectations of ample opportunities in both domestic and export markets. The tyre maker has also lined up maintenance capex of ₹250–300 crore for FY26, in addition to… Continue reading JK Tyre Targets Double-Digit Sales Growth in FY26
ZELIO E Mobility to Launch Updated Legender E-Scooter in July 2025
ZELIO E Mobility has announced that it will launch a facelift version of its Legender electric scooter in July 2025. The update includes design changes, new color variants, and improved features aimed at urban commuters. The facelifted Legender will be powered by a 60/72V BLDC motor and will maintain a top speed of 25 km/h.… Continue reading ZELIO E Mobility to Launch Updated Legender E-Scooter in July 2025
JK Tyre Reports Strong Q4 FY25 Performance with 15% EBITDA Growth
JK Tyre & Industries Ltd. announced robust financial results for the fourth quarter of fiscal year 2025, with consolidated revenues of Rs.3,780 crore and a 15% quarter-on-quarter increase in EBITDA to Rs.384 crore. The company’s board has recommended a dividend of Rs.3 per equity share (150%) for FY25. The company’s profit before tax surged to… Continue reading JK Tyre Reports Strong Q4 FY25 Performance with 15% EBITDA Growth