Auto demand has bounced back to 35% of pre-covid levels: Pawan Goenka

According to Goenka, the opening ramp-up has been faster than expected however it will probably taper down again and will take a while to reach 100 percent. New Delhi: The automobile industry is slowly limping back to life. Pawan Goenka, Managing Director of utility vehicles maker Mahindra & Mahindra (M&M) on Friday said that the… Continue reading Auto demand has bounced back to 35% of pre-covid levels: Pawan Goenka

@Groupe PSA: Faurecia welcomes the French government’s recovery plan which will benefit the entire automotive industry

Faurecia, a world-leading automotive technology company, welcomes the measures announced by the French President in favor of the automotive industry, in particular the support for Research & Development and public orders of fuel cell electric vehicles. France is the historical center of the Group’s activities, with 30 industrial sites and 7 R&D centers, employing more… Continue reading @Groupe PSA: Faurecia welcomes the French government’s recovery plan which will benefit the entire automotive industry

New electric BMW 3 Series spied testing

BMW is understood to be developing an electric version of the 3 Series to sit alongside the 523bhp i4 EV by 2023 – and an early prototype has been spied testing. A camouflaged prototype spotted by our photographers is almost identical to the current G20-generation 3 Series, although the addition of mandatory ‘electric test vehicle’ stickers and… Continue reading New electric BMW 3 Series spied testing

Lordstown Motors Says First-Year Electric Pickup Build Is Sold Out

A commercial fleet-focused electric pickup from Lordstown Motors Corp. (LMC) is sold out for its first year – if the startup secures the $450 million needed to retool a former General Motors Company (NYSE: GM) car plant to make full-size trucks. LMC revealed a prototype of its Endurance on Thursday with Vice President Mike Pence… Continue reading Lordstown Motors Says First-Year Electric Pickup Build Is Sold Out

@VW Group: Countdown to the new CUPRA Formentor

Final stretch for the launch of the new CUPRA Formentor. This week, CUPRA CEO Wayne Griffiths tested the Formentor at the brand’s facilities in Martorell, accompanied by CUPRA driver and World Touring Car Championship winner Jordi Gené. The test drive, which was carried out following all the required health safety protocols, kicked off the countdown… Continue reading @VW Group: Countdown to the new CUPRA Formentor

@VW Group: World Premiere of SEAT MÓ eScooter 125 and SEAT MÓ eKickScooter 65

SEAT MÓ eScooter 125 shows brand’s desire to meet future mobility needs in an all-electric motorcycle form that makes urban travel easier The eScooter 125 mates a 9kW motor and 5.6kWh battery to provide up to 125km range and useable urban performance SEAT MÓ eKickScooter 65 makes last mile mobility simpler and less stressful Urban… Continue reading @VW Group: World Premiere of SEAT MÓ eScooter 125 and SEAT MÓ eKickScooter 65

VW expects auto market recovery to last into 2022 – Automotive News Europe

LONDON — Europe will likely return to “almost” pre-coronavirus sales levels in 2022, while China will bounce back more quickly and the U.S. market’s recovery is difficult to predict, said Christian Dahlheim, Volkswagen Group’s head of sales. VW expects a V-shape recovery from the effects of the coronavirus pandemic lasting into 2022. “The question is… Continue reading VW expects auto market recovery to last into 2022 – Automotive News Europe

Lordstown Motors has unveiled its $52,500 Endurance truck that’s set to be the first electric pickup to market

Lordstown Motors has unveiled a pre-production version of the Endurance, the automaker’s flagship electric pickup truck. The $52,500 pickup truck is expected to be produced and completed by the late summer of 2021, which would make it to the first mass-produced fully electric pickup truck on US roads. Ohio-based Lordstown Motors has plans to produce… Continue reading Lordstown Motors has unveiled its $52,500 Endurance truck that’s set to be the first electric pickup to market

Harley-Davidson to cut about 140 jobs in United States

FILE PHOTO: The logo of U.S. motorcycle company Harley-Davidson is seen on one of their models at a shop in Paris, France, August 16, 2018. REUTERS/Philippe Wojazer CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) said on Thursday it will cut about 140 jobs in the United States following the motorcycle maker’s decision to adjust production volumes.… Continue reading Harley-Davidson to cut about 140 jobs in United States

Lordstown Reveals Endurance Electric Pickup Truck

Today (June 25, 2020), Lordstown Motors unveiled, at Lordstown Complex in Voltage Valley in Lordstown, near Youngstown, Ohio, its all-electric Lordstown Endurance pickup. It looks pretty close to the renders, with a conventional layout but quite a modern look. One of the first things that we noticed are wheels with orange in-wheel hub motors. Four of… Continue reading Lordstown Reveals Endurance Electric Pickup Truck