Motor vehicle insurance premiums skyrocketed by 20.3% in December from a year earlier, the largest increase since the mid-1970s, the government data showed. Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance.… Continue reading ‘Remarkable’ surge in auto insurance costs fans US inflation
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Domestic auto sales grew 20% at 61,65,997 units in Q3
The quarterly(Oct-Dec) performance recorded a 20% increase in total sales (PV+CV+3W+2W+Quadricycle) with 61,65,997 units sold in 2023 when compared to 51,60,445 units sold in 2022. New Delhi: Total domestic annual sales of vehicles (PV+ 3W+2W+CV+Quadricycle) in 2023 were up 10% to 2,28,36,604 units compared to 2,07,92,824 units in 2022, the Society of Automobile Manufacturers (SIAM)… Continue reading Domestic auto sales grew 20% at 61,65,997 units in Q3
German Handelsblatt: Outlook: From the Audi Q6 to the VW Tiguan – Ten exciting new products for the car year 2024008330
Classics are returning, bestsellers are getting a new edition – and some brands are venturing into new territory. Which new cars will be particularly interesting in 2024. Go to Source
Best used estate cars 2024
Estate cars offer everything you need when it comes to practicality, and there are plenty of models that give you so much more than that as well. Luckily, if you’re prepared to buy used, you can find these models for a bargain price, meaning you can get a great family car for a lot less… Continue reading Best used estate cars 2024
Big-selling Vauxhall Corsa gets mild-hybrid tech for 2024
Riding high on the Vauxhall Corsa’s success as the third best-selling car of 2023, the British brand is hoping to broaden the appeal of its recently facelifted supermini with the introduction of a new mild-hybrid powertrain. Prices start from £22,890. The new Corsa Hybrid sits between the standard pure-petrol Corsa and zero-emission Corsa Electric in… Continue reading Big-selling Vauxhall Corsa gets mild-hybrid tech for 2024
Skoda Auto Volkswagen India clocks 101,465 units in CY23, to begin parts exports to Vietnam in CY24
Volkswagen Group’s Indian arm – Skoda Auto Volkswagen India – recorded its second consecutive year to surpass the 100,000-unit mark in domestic sales volumes in the country, with overall sales of 101,465 units, registering a 4 percent year-on-year growth. The Group saw over 10,000 cars getting delivered to customers in the month of December 2023… Continue reading Skoda Auto Volkswagen India clocks 101,465 units in CY23, to begin parts exports to Vietnam in CY24
MG Astor now available from Rs 9.98 lakh
MG Motor India has rejigged the Astor SUV’s line-up, with a new entry-level Sprint variant starting at Rs 9.98 lakh. The Creta-rivalling midsize SUV tops out at Rs 17.88 lakh for the top-spec Savvy Pro variant. The Astor also gets new features on its top-spec trim, and now has the most affordable starting price among all midsize SUVs… Continue reading MG Astor now available from Rs 9.98 lakh
STMicroelectronics unveils new organisational structure
STMicroelectronics, a global semiconductor leader, has announced its new organisation effective February 5th, 2024, aimed at boosting product development innovation, efficiency, and customer focus. The reorganisation involves splitting the company into two Product Groups: Analog, Power & Discrete, MEMS and Sensors (APMS) led by Marco Cassis, and Microcontrollers, Digital ICs, and RF products (MDRF) led… Continue reading STMicroelectronics unveils new organisational structure
Solera global survey reveals drivers’ willingness to switch insurers for greener policies
Solera Inc, a leading global provider of vehicle lifecycle management software-as-a-service (SaaS), data, and services, conducted a survey involving 10,000 drivers from the UK, France, Australia, Germany, and Spain, revealing that 75% of respondents would consider switching to insurers offering greener policies. An additional worldwide survey within the auto insurance industry indicated that providers are… Continue reading Solera global survey reveals drivers’ willingness to switch insurers for greener policies
CY2023 wholesales rise 10% at 22.8 million units but still below 2018’s record 26.7 million units
India Auto Inc has had a good CY2023 with OEM dispatches nearing the 23 million-units mark as a result of all four vehicle segments recording good growth. Last year saw passenger vehicle wholesales soar to a record 4.1 million units and three-wheeler sales jump 63% YoY to 680,550 units. Nevertheless, seen in the context of… Continue reading CY2023 wholesales rise 10% at 22.8 million units but still below 2018’s record 26.7 million units