Skoda unveils Elroq electric SUV with over 560km range

Skoda has globally unveiled the all-new Elroq electric SUV, debuting the brand’s ‘Modern Solid’ design language. It is Skoda’s first EV in the midsize SUV space that’s positioned between the flagship Enyaq iV and the upcoming Epiq compact EV due in 2025. It has already gone on sale in Europe, and while there’s no confirmation on an India launch,… Continue reading Skoda unveils Elroq electric SUV with over 560km range

Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

A banner advertises the Ford Mustang Mach-E electric vehicle at a Ford dealership on August 21, 2024 in Glendale, California.  Mario Tama | Getty Images DETROIT – Ford Motor lost its lead in electric vehicle sales to crosstown rival General Motors during the third quarter, as the automaker’s EV growth slowed. Ford on Wednesday reported… Continue reading Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

Tesla stock slips after EV maker misses estimates on deliveries

watch now Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report. Here are the key numbers: Total deliveries Q3 2024: 462,890 Total production Q3 2024: 469,796 Analysts were expecting deliveries of 463,310 in the period ended Sept. 30, according to estimates compiled by FactSet… Continue reading Tesla stock slips after EV maker misses estimates on deliveries

@Hyundai: Kia America’s “Accelerate the Good” Dealer Match Program Raises More Than $4.5 Million for Non-profits Nationwide

Third year of Kia’s “Accelerate the Good” Dealer Match program increased overall donations by 20 percent over last year Program supported St. Jude Children’s Research Hospital, No Kid Hungry, Covenant House and The American Red Cross, Among Others Kia America today announced the third year of the automaker’s “Accelerate the Good” Dealer Match program which… Continue reading @Hyundai: Kia America’s “Accelerate the Good” Dealer Match Program Raises More Than $4.5 Million for Non-profits Nationwide

@Hyundai: Kia announces September 2024 global sales results

September 2024 global sales of 249,842 units, down 4.5% Y/y Outside of Korea, Kia sold 211,002 units, down 2.7% Y/y In Korea, Kia sold 38,140 units, down 13.6% Y/y Kia Sportage SUV led the company’s sales, selling 47,207 units, backed up by the Seltos and Sorento SUVs Global sales from January to September of 2024… Continue reading @Hyundai: Kia announces September 2024 global sales results

European automakers most at risk from US dockworkers strike

European automakers, many of which use the ports on strike, would be the most affected, Levy said in a research note. European automakers are the most likely to be affected by the dockworkers strike at U.S. East Coast and Gulf Coast ports because they rely heavily on those locations, but a longer walkout could prove… Continue reading European automakers most at risk from US dockworkers strike

Cars with six figure discounts this festive season

The festive season is upon us and most carmakers are offering massive discounts and deals to push sales. In fact, the discounts and benefits on offer have been ramped up significantly as most dealers have high inventory levels, and there is great need to clear old stock. Here’s a list of cars and SUVs with… Continue reading Cars with six figure discounts this festive season

High inventory levels stifle sales in September, carmakers target festive season for growth

September turned out to be just like August, a tepid month which saw the top three passenger vehicle manufacturers register a year-on-year wholesales decline. While Maruti Suzuki’s dispatches to showrooms were down 4%, Hyundai Motor India posted a 6% reduction in volumes and Tata Motors 8 percent. Tata Motors’ much-reduced volumes meant that M&M, which… Continue reading High inventory levels stifle sales in September, carmakers target festive season for growth

Skoda Elroq revealed as 230-mile electric SUV for £31,500

Skoda is kicking off a new era with the unveiling of the Elroq, a bold-looking electric crossover that’s poised to steal sales from some of the market’s most popular EVs. Available to order from 4 October, the Elroq undercuts its most prominent rivals – and many smaller alternatives – by a significant margin, with prices… Continue reading Skoda Elroq revealed as 230-mile electric SUV for £31,500