Category: US Motoring Press

Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Crisis-stricken auto giant Stellantis on Wednesday said it sees return to revenue growth this year after a steep drop in 2024 earnings. The mutlinational conglomerate, which… Continue reading Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit

Car Sales in Fast Lane; February wholesales seen nearing 4 lakh-unit mark

The intense rush for channel restocking among car manufacturers is likely to sustain the momentum of passenger vehicle dispatches in February, potentially propelling the domestic wholesale volume towards the 4-lakh unit mark again in the second month of 2025. According to industry sources, dispatches by carmakers are estimated to be between 3.95-4 lakh units in… Continue reading Car Sales in Fast Lane; February wholesales seen nearing 4 lakh-unit mark

Outgoing Lucid boss explains why “most EVs suck”

“I think this is very important,” Rawlinson says, “because if you look at the amount of electricity it takes to mobilise cars, I don’t think that’s an issue. The average person may travel about 20-30 miles a day, because not everybody is doing long commutes.  “Lucid can do five miles per kilowatt hour now [on the… Continue reading Outgoing Lucid boss explains why “most EVs suck”

Aston Martin to cut 170 jobs as new CEO targets cost savings

Aston Martin said it will cut 170 jobs – amounting to 5% of its workforce – amid a drive by new CEO Adrian Hallmark to finally make the company consistently profitable. The cuts will save Aston Martin around £25 million a year, with the full effect seen in 2026, Hallmark told investors on its end-of-year… Continue reading Aston Martin to cut 170 jobs as new CEO targets cost savings

New AC Cobras to be built at former Saab facility

AC has partnered Swedish firm T-Engineering to boost production of its new Cobra GT Roadster and Cobra GT Coupé. T-Engineering was established in 2011 by former Saab engineers, following the collapse of the Swedish car maker.  It’s based at the historic Trollhättan facility and is owned by Chinese car maker Dongfeng, which purchased a 70% stake… Continue reading New AC Cobras to be built at former Saab facility

New Volvo ES90 to offer 434 miles of range

The ES90, due to be revealed on 5 March, will be the fifth series-production electric Volvo model to be offered in the UK – following the EX30, XC40/EX40, C40/EC40 and EX90 – but it’s the first that isn’t an SUV. (Volvo also offers the EM90 MPV in China.) That reflects the current sales dominance of… Continue reading New Volvo ES90 to offer 434 miles of range

Mercedes-Benz to Introduce Electric E-Class in 2027

A fully electric E-Class is in the works and will be available by 2027, Mercedes-Benz confirmed during its Capital Market Day presentation. The electric sedan’s launch in India could also happen later. Competing with Tesla and BMW, this new E-Class EV is expected to offer premium features and an extended range. The German marque also… Continue reading Mercedes-Benz to Introduce Electric E-Class in 2027

Mercedes-AMG C 63 Set to Return to V8 Engine for 2026 Model Year

The Mercedes-AMG C 63 will switch back to a V8 engine from its current 2-litre, four-cylinder hybrid setup next year, as confirmed by our sister publication Autocar UK. Mercedes launched the track-focused sedan in India in December 2024. Notably, the AMG CLE 63 will first receive the new eight-cylinder engine later this year, followed by… Continue reading Mercedes-AMG C 63 Set to Return to V8 Engine for 2026 Model Year