Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo Car India’s second fully electric car C40 Recharge has crossed 100 bookings within a month of its launch. The ex-showroom price of C40 Recharge has now been revised to Rs 62.95 lakh, from the earlier Rs 61.25 lakh.  Seeing the great response to Volvo’s electric cars in India and connecting to Volvo Car’s electrification ambition, the… Continue reading Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

Volvo Car India’s second fully electric car C40 Recharge has crossed 100 bookings within a month of its launch. The ex-showroom price of C40 Recharge has now been revised to Rs 62.95 lakh, from the earlier Rs 61.25 lakh.  Seeing the great response to Volvo’s electric cars in India and connecting to Volvo Car’s electrification ambition, the… Continue reading Volvo C40 Recharge bookings cross 100, prices hiked by Rs 1.7 lakh

GM, Canadian union reach tentative agreement, ending strike

GM shares closed up 1.6%. The company said work resumed at all three facilities in the afternoon and that the deal “recognizes the many contributions of our represented team members with significant increases in wages, benefits and job security.” General Motors and Canadian unionUnifor reached a tentative agreement on Tuesday just hours after 4,300 workers… Continue reading GM, Canadian union reach tentative agreement, ending strike

Autocar magazine 11 October: on sale now

This week in Autocar, we’ve got an exclusive scoop on Audi’s most crucial car yet, find out why the Lamborghini Revuelto is “utterly berserk” to drive, and picture how we’d reinvent the Land Rover Discovery. News We’ve got a jam-packed news section this week, starting with the 2025 Audi A5. It will make the switch… Continue reading Autocar magazine 11 October: on sale now

Canadian union Unifor strikes at GM after contract talks fail

Cars pass under an overpass at the General Motors Car assembly plant in Oshawa, June 1, 2012. REUTERS/Mark Blinch/File Photo Acquire Licensing Rights Oct 10 (Reuters) – Canadian labor union Unifor said early on Tuesday it would begin strikes at three General Motors (GM.N) facilities in the country after it failed to reach a deal… Continue reading Canadian union Unifor strikes at GM after contract talks fail

Volvo Cars sells 61,666 cars worldwide in September, up 25%

Volvo Cars global sales reached 61,666 cars in September, up 25 percent compared to the same period last year as Europe, the US and China all reported sales growth for the month.  For the first nine months of 2023, the company sold 509,158 cars, an increase of 19 per cent compared to last year.  Volvo… Continue reading Volvo Cars sells 61,666 cars worldwide in September, up 25%

U.A.W. Workers at Mack Truck Go on Strike

Nearly 4,000 members of the United Automobile Workers union went on strike against Mack Trucks on Monday after rejecting a tentative contract that union’s leaders had worked out with the company. The union informed the truck maker on Sunday that members had opposed the contract by a 73 percent vote, and that a strike would… Continue reading U.A.W. Workers at Mack Truck Go on Strike

UAW Mack Trucks union members to join striking Detroit autoworkers on picket lines after voting down tentative deal

UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois.  Jim Vondruska | Getty Images DETROIT – About 3,900 United Auto Workers members with Mack Trucks will go on strike Monday after a majority of members… Continue reading UAW Mack Trucks union members to join striking Detroit autoworkers on picket lines after voting down tentative deal

Chinese EV power solutions firm Leadrive bags over $82m in Series D round

Shanghai-headquartered Leadrive Technology, which supplies silicon carbide power modules and dual-motor controllers for electric vehicles, has secured 600 million yuan ($82.2 million) in a Series D financing round co-led by China-focused investor Legend Capital; and Oriza FOFs, the fund of funds unit of Chinese investment group Oriza Holdings.  Legend Capital is an existing shareholder of… Continue reading Chinese EV power solutions firm Leadrive bags over $82m in Series D round