Renault will radically rethink its approach to interior design with its next-generation electric cars, due from 2028, as part of a bid to improve usability while moving upmarket and embracing ultra-advanced new technologies. “We are going to bring breakthrough solutions on pretty much everything, including the cockpit and user interaction,” explained head designer Gilles Vidal,… Continue reading Radical new Renault interiors move upmarket, keep buttons
Category: US Motoring Press
Skoda Octavia vRS
Inside is where most of the major changes have taken place, centered on new 13.0in infotainment touchscreen. A cost option on the standard Octavia, this is a major quality-of-life upgrade, especially over the previous car’s outdated display, and immediately adds a more premium finish to the car. The new screen is responsive and clear, with the main functions (such as media… Continue reading Skoda Octavia vRS
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles. Go to Source
Tesla initiates sixth Cybertruck recall in a year
New Tesla Cybertruck vehicles parked at a logistics drop zone in Seattle on Aug. 22, 2024. M. Scott Brauer | Bloomberg | Getty Images Tesla is recalling 2,431 Cybertrucks to replace defective drive inverters, according to notices made public by the National Highway Traffic Safety Administration on Wednesday. It’s the sixth recall of the Cybertruck… Continue reading Tesla initiates sixth Cybertruck recall in a year
VW’s $5.8 billion investment in Rivian isn’t guaranteed. Here are the milestones the EV maker needs to hit
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion as the companies have broader aspirations than they initially announced… Continue reading VW’s $5.8 billion investment in Rivian isn’t guaranteed. Here are the milestones the EV maker needs to hit
Why American automakers can’t make cheap cars
Cars once represented a pillar of the American dream — mobility and independence. But they’ve become something of a luxury product, and customers and auto dealers are growing frustrated. The average price for a car in the U.S. is nearly $50,000, an increase of close to 30% in the past five years, according to Kelley… Continue reading Why American automakers can’t make cheap cars
Trump says Musk and Ramaswamy will lead government efficiency group
Elon Musk embraces Donald Trump during a campaign rally in Butler, Pennsylvania on Oct. 5, 2024. Anna Moneymaker | Getty Images President-elect Donald Trump said Tuesday that Elon Musk and former Republican presidential hopeful Vivek Ramaswamy will lead an efficiency group when his second term begins in January. Trump wrote in a post that the… Continue reading Trump says Musk and Ramaswamy will lead government efficiency group
Bosch posts 6.4% revenue growth in Q2 driven by passenger car and genset sales
Bosch Ltd, a major supplier of technology and services, has reported a total revenue from operations of ₹4,394 crore in the second quarter of FY25, marking a 6.4% increase over the same quarter last year. The company attributed this growth primarily to higher sales in passenger vehicles and the off-highway genset applications segment. Profit after… Continue reading Bosch posts 6.4% revenue growth in Q2 driven by passenger car and genset sales
Minda Corporation achieves record revenue in Q2 FY25
Minda Corporation Limited, a leading automotive component manufacturer and the flagship company of Spark Minda, released its financial results for Q2 and H1 FY25, recording its highest-ever quarterly consolidated revenue of Rs. 1,290 crore, representing an 8% year-on-year growth. The company also achieved an EBITDA of Rs. 147 crore with an 11.4% margin, a 38… Continue reading Minda Corporation achieves record revenue in Q2 FY25
Greaves Cotton aims for Rs 15,000 crore revenue by 2030 with new fuel-agnostic vision
Greaves Cotton Ltd. (GCL), which has transformed itself into a fuel-agnostic company from its single-cylinder diesel engines, is aspiring to achieve Rs 15,000 crore in revenue by 2030. It will be done through a blend of organic growth and strategic acquisitions, the company’s top management stated on Tuesday. “Greaves has transformed from a diesel engine… Continue reading Greaves Cotton aims for Rs 15,000 crore revenue by 2030 with new fuel-agnostic vision