Today is January 25, 2024. Four years to the date, TVS Motor Co had launched the iQube, its first all-electric scooter. From launch through to end-December 2023, the TVS iQube has seen total wholesales of 252,676 units in the Indian market, in tandem with the rapid growth of the electric two-wheeler segment. In CY2023, electric… Continue reading TVS iQube e-scooter turns four, sales cross 250,000 units, last 100,000 in 6 months
Category: US Motoring Press
125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma
The growth of entry-level motorcycles is likely to slow down in the future as Indian consumers are aspiring for features and performance. Bajaj Auto’s Executive Director Rakesh Sharma believes the share of motorcycles with engine capacity of 125cc and more in the domestic market is likely to outpace the share of entry-level motorcycles in the… Continue reading 125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma
125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma
The growth of entry-level motorcycles is likely to slow down in the future as Indian consumers are aspiring for features and performance. Bajaj Auto’s Executive Director Rakesh Sharma believes the share of motorcycles with engine capacity of 125cc and more in the domestic market is likely to outpace the share of entry-level motorcycles in the… Continue reading 125cc segment to be larger than entry-level bikes in 3 years, says Bajaj Auto’s Rakesh Sharma
Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
Tesla’s profit more than doubled during the last three months of 2023 compared with a year earlier after the electric carmaker booked a tax benefit. But profit from car sales slumped after Tesla cut prices to fend off increasingly intense competition, the company said on Wednesday. Profit in the fourth quarter was $7.9 billion, up… Continue reading Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
United Auto Workers union endorses President Joe Biden for reelection over Trump
President Joe Biden celebrates with United Auto Workers President Shawn Fain after Fain and the UAW endorsed Biden for president at a Community Action Program legislative conference in Washington, Jan. 24, 2024. Leah Millis | Reuters The United Auto Workers union is endorsing President Joe Biden for reelection this year, UAW President Shawn Fain announced… Continue reading United Auto Workers union endorses President Joe Biden for reelection over Trump
Tesla misses fourth-quarter estimates on weak auto revenue, warns of lower volume growth in 2024
Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty Images Tesla reported revenue and profit for the fourth quarter that missed analysts’ estimates as automotive revenue increased… Continue reading Tesla misses fourth-quarter estimates on weak auto revenue, warns of lower volume growth in 2024
China’s EV players ramp up competition with Tesla using new tech
The front seats of the Aito M9 SUV can be adjusted to create reclining chairs for the second row. Passengers can watch a movie on the roll-down projector screen while storing drinks in a refrigerator compartment. CNBC | Evelyn Cheng BEIJING — Hot competition in China’s electric car market is pushing local automakers to sell… Continue reading China’s EV players ramp up competition with Tesla using new tech
Altair announces opening of Innovation Experience Centre with showcase of automotive digital twin capabilities
The centre, located in the Altair office in Pune, will provide prospects and customers with a hands-on experience of Altair’s technology solutions – from simulation and design to high-performance computing, data analytics, and AI. Software and cloud solutions company Altair will introduce its newly established Innovation Experience Centre and showcase its state-of-the-art AI-driven technology at… Continue reading Altair announces opening of Innovation Experience Centre with showcase of automotive digital twin capabilities
Bajaj Auto sees India 2W industry volume growing 8-10% YoY in FY24
Bajaj Auto Ltd expects domestic two-wheeler industry volume to grow 8-10% on a year-on-year basis during the current financial year with growth across all segments. The growth rate is likely to be higher in the premium segment, given the premiumisation trend. “We feel the industry should grow by 8-10% with the top half of the… Continue reading Bajaj Auto sees India 2W industry volume growing 8-10% YoY in FY24
Nissan Qashqai
The area where the old Qashqai particularly showed its age was in its interior, but this generation made some big steps in this respect. That said, it’s avoided taking on digital technology for the sake of it. With a classier dashboard, some horizontal trim strips and a big touchscreen in the middle, it looks right… Continue reading Nissan Qashqai