Lotus could electrify the Emira and extend its lifecycle as the brand moves to hybridise its line-up and pushes back the sports car’s long-awaited electric replacement. It’s responding to flagging uptake of electric luxury cars by reducing its sales volume ambitions over the coming years and introducing a new range-extender (REx) powertrain option in a bid to boost the… Continue reading Lotus says ‘never say never’ to Emira hybrid as it slows all-EV plan
Category: US Motoring Press
Renault’s turnaround is underpinned by cars you actually want
“The fastest turnaround in the recent history of automotive” read one of the captions on a recent Renault Group video reflecting on the first 1000 days of its ‘Renaulution’ turnaround plan. It’s not hyperbole either: Renault has gone from loss making in 2020 from just under 3 million sales to having an enviable 7.9% operating… Continue reading Renault’s turnaround is underpinned by cars you actually want
Land Rover Defender
It feels like Land Rover has aimed for an interior that straddles both luxury and utility. No easy task, but it has pretty well nailed it. That there are exposed sections of body colour and star-head bolts, a big broad slab of dashboard with grab handles and a dinky instrument binnacle all evoke the original… Continue reading Land Rover Defender
Luxury car market to grow at double the pace of mainstream market – Balbir Singh Dhillon
Balbir Singh Dhillon, head of Audi India, said the Indian luxury car market will continue to grow at double the pace of the country’s mainstream car market and reach 1 lakh units in annual sales by 2030. This will imply 100% growth in volumes from the 2024 base of 50,000 units. While the overall market… Continue reading Luxury car market to grow at double the pace of mainstream market – Balbir Singh Dhillon
Luxury car market to grow at double the pace of mainstream market: Balbir Singh Dhillon
The Indian luxury car market will continue to grow at double the pace of the mainstream car market and reach 1 lakh units in annual sales by 2030. That’s the word coming in from the head of Audi India, Balbir Singh Dhillon. This translates to a 100% growth in volumes from the 2024 base of… Continue reading Luxury car market to grow at double the pace of mainstream market: Balbir Singh Dhillon
M&M denies knowledge of potential emission penalties
Mahindra & Mahindra on Thursday clarified that it has no knowledge about any plans by the government to impose penalties on the company for allegedly missing emission targets, as reported by The Indian Express. A media report published on Thursday morning said car makers including Hyundai, Kia, Mahindra, and Honda have higher than mandated fleet… Continue reading M&M denies knowledge of potential emission penalties
Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
Workers on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Francesca Volpi | Bloomberg | Getty Images Ferrari is thought to be something of a special case among Europe’s automobile sector even as many car giants come under pressure from the threat of U.S. tariffs.… Continue reading Trump’s tariff threats have rattled Europe’s auto giants — but Ferrari appears remarkably unfazed
MG expects only small changes to ZEV mandate rules
MG doesn’t expect major changes to be made to the zero-emission vehicle (ZEV) mandate, because this could increase pressure on the UK government to reverse other financial policies, such as farmers’ inheritance tax. Commercial director Guy Pigounakis said the ZEV mandate, a fast-track review of which was confirmed Tuesday by the government, had fundamentally “changed the way cars… Continue reading MG expects only small changes to ZEV mandate rules
SIAM charts path to simplified taxation at automotive taxation conference 2024
The Society of Indian Automobile Manufacturers (SIAM) organized the SIAM Conference on Automotive Taxation 2024, focusing on the theme “Evolving Taxation Landscape of the Auto Industry for Nation Building.” The event addressed the role of taxation policies in supporting India’s automotive sector while contributing to the nation’s economic growth. It also highlighted procedural and operational… Continue reading SIAM charts path to simplified taxation at automotive taxation conference 2024
India aims to curb ‘paper tiger’ hydrogen projects with new funding strategy
India’s hydrogen fuel ambitions are growing rapidly, with the government pivoting its funding strategy to prioritize innovation and scalability over mere cost. The Ministry of New & Renewable Energy aims to accelerate the commercialization of hydrogen, particularly in the heavy-duty trucking segment. Previously, the government took a top-down approach, dictating which projects to fund. Now,… Continue reading India aims to curb ‘paper tiger’ hydrogen projects with new funding strategy