Bumper Closes $48M Funding Round

Bumper, a London, UK-based fintech company enabling flexible payments for car repairs, raised $48M in funding. The round, which brought the total amount to $64M, was led by Autotech Ventures, with investment from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures and Revo Capital. The company intends to use the funds to accelerate its growth. Led… Continue reading Bumper Closes $48M Funding Round

Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Nissan Motor Corporation which has announced its next phase of investment in India along with its alliance partner Renault will be banking on exports of Magnite and refreshing the model over the next two years, as part of its “sustenance plan” before it enters the mainstream SUV market in 2025, followed by electric vehicles in… Continue reading Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Nissan Motor Corporation which has announced its next phase of investment in India along with its alliance partner Renault will be banking on exports of Magnite and refreshing the model over the next two years, as part of its “sustenance plan” before it enters the mainstream SUV market in 2025, followed by electric vehicles in… Continue reading Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Nissan Motor Corporation which has announced its next phase of investment in India along with its alliance partner Renault will be banking on exports of Magnite and refreshing the model over the next two years, as part of its “sustenance plan” before it enters the mainstream SUV market in 2025, followed by electric vehicles in… Continue reading Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

Nissan Motor Corporation which has announced its next phase of investment in India along with its alliance partner Renault will be banking on exports of Magnite and refreshing the model over the next two years, as part of its “sustenance plan” before it enters the mainstream SUV market in 2025, followed by electric vehicles in… Continue reading Global Voices: Nissan Motor’s Francois Baily on why India will get a bigger role in company’s future biz plan

General Motors (GM) Logs Strong Growth in US Sales in 2023

In 2023, General Motors GM sold 2.6 million vehicles in the United States, representing an uptick of 14% year over year. The automaker led the industry in total sales and was a top seller of trucks, full-size pickups, full-size sport utility vehicles (“SUVs”), affordable SUVs and fleet vehicles. GM’s total market share grew 0.3 percentage… Continue reading General Motors (GM) Logs Strong Growth in US Sales in 2023

GM, Stellantis US Sales Hit by UAW Strikes, High Sticker Prices

(Bloomberg) — General Motors Co., Stellantis NV and other automakers reported slowing US sales growth toward the end of last year while rival Toyota Motor Corp.’s volume remained strong, as near-record sticker prices and high interest rates led to uneven impacts across the auto market. Most Read from Bloomberg GM’s deliveries ticked up less than… Continue reading GM, Stellantis US Sales Hit by UAW Strikes, High Sticker Prices

@Nissan: Nissan Formula E Team opts to offset through innovative ‘Ultra Spirulina’ project001259

January 4, 2024 YOKOHAMA, Japan – Nissan Formula E Team, through its partnership with UAE-based software company Coral, announces today that it will work with biotech company VAXA Technologies to offset its carbon emissions generated during Season 9 of the ABB FIA Formula E World Championship. Coral, which specializes in reliably offsetting carbon emissions, has… Continue reading @Nissan: Nissan Formula E Team opts to offset through innovative ‘Ultra Spirulina’ project001259

Adani Ports board rejig, Karan Adani named MD, Ashwani Gupta CEO

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has elevated CEO Karan Adani to the role of Managing Director, a position which was held by Gautam Adani, Chairman of the Adani Group.  Gautam Adani is re-designated as Executive Chairman of APSEZ. The board has also approved the appointment of… Continue reading Adani Ports board rejig, Karan Adani named MD, Ashwani Gupta CEO

Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time,… Continue reading Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024