Auto and industrial solutions provider Schaeffler India Ltd today reported healthy growth in key earnings metrics for the December quarter, on the back of new business wins and cost management. The company’s board also recommended a dividend of Rs 28 per share, for the year. The company clocked a standalone bottomline of Rs 2.49 billion… Continue reading Business wins, cost management aids Schaeffler India Oct-Dec show
Category: US Motoring Press
Mercedes-Benz GLE
This car’s broad array of powertrains lends it the configurability to suit a range of different roles and briefs, and makes it quite a versatile choice. You can have simple, everyday, longer-distance efficiency for a reasonable price in the GLE 300d, or that bit more torque for effortless towing, hauling, climbing and motorway driving from… Continue reading Mercedes-Benz GLE
Kia working on baby ‘EV1’ as Renault Twingo rival
Kia “definitely needs” an entry-level model to broaden the appeal of electric cars, according to company president Ho Sung Song. Speaking at the brand’s second EV Day event, Song confirmed that the company is “internally studying” what an entry-level model would look like – be it a city car to sit below the upcoming EV2 and… Continue reading Kia working on baby ‘EV1’ as Renault Twingo rival
Kia EV2 concept previews £25k SUV due next year
The Kia EV2 will arrive next year as one of the brand’s smallest and most affordable electric cars yet. Previewed by the EV2 concept, the small SUV will be priced from around €30,000 (£25,000), positioning it as a rival for the Renault 5 and Renault 4 siblings and the Vauxhall Corsa Electric. Technical details remain under wraps, but the… Continue reading Kia EV2 concept previews £25k SUV due next year
Kia PV5 revealed as electric van for diesel Ford Transit money
The Kia PV5 has been unveiled as an electric van for less money than a diesel Ford Transit Custom, at €30,000 (equivalent to £25,000, excluding VAT). The first in a new line of models dubbed Platform Beyond Vehicles (PBVs), it will be followed by a larger PV7 due in two years, aimed squarely at the… Continue reading Kia PV5 revealed as electric van for diesel Ford Transit money
Kia EV4 saloon is Tesla Model 3 rival with 391 miles of range
The new Kia EV4 will attempt to dethrone the Tesla Model 3 when it arrives later this year, priced from €37,000 (£30,600) and offering ranges of up to 391 miles. Little changed from the concept shown in 2023, the EV4 shares its underpinnings with the smaller EV3. It will be offered with both hatchback and saloon bodies, with… Continue reading Kia EV4 saloon is Tesla Model 3 rival with 391 miles of range
Volvo Group Reports Decreased Sales Amid Market Normalization
Volvo Group announced a 3% decrease in net sales for 2024, reaching SEK 526.8 billion (EUR 46 billion) as global freight and construction markets normalized after years of strong growth. The company reported this figure in its 2024 Annual Report published Thursday. Vehicle sales dropped 5% compared to 2023, though service sales increased by 4%.… Continue reading Volvo Group Reports Decreased Sales Amid Market Normalization
Ather Energy Expands Testing Facility to Accelerate EV Development
Ather Energy Limited has expanded its Product Testing & Validation Centre in Bengaluru, strengthening its research and development capabilities for electric two-wheelers. The facility, known as The Juggernaut, now spans 38,692 square feet and focuses on ensuring quality, reliability, and performance while accelerating product development processes. The expanded center houses specialized laboratories for structural durability,… Continue reading Ather Energy Expands Testing Facility to Accelerate EV Development
Car Deal of the Day: Superb Volvo V60 returns with a lease deal that’s hard to resist
Appropriately named Ultra, this spec gives you a panoramic glass roof, a tasty Harman Kardon premium sound system and Volvo’s excellent Pilot Assist automated assistance features. That’s on top of the entry-level model’s four-zone climate control, a heated steering wheel and windscreen, wireless phone charging and a Google operating system for the infotainment. Powering this… Continue reading Car Deal of the Day: Superb Volvo V60 returns with a lease deal that’s hard to resist
New Volvo ES90 electric saloon to get enormous 435-mile range
The new Volvo ES90 electric saloon will be revealed in less than a week, on 5 March. However, the brand can’t seem to contain its excitement, and has confirmed the BMW i5 rival will boast up to 435 miles of range and the fastest charging speeds of any Volvo EV, thanks to new 800-volt technology.… Continue reading New Volvo ES90 electric saloon to get enormous 435-mile range