Growth, it seems, is not going to come in a hurry for the passenger car segment, which comprises hatchbacks and sedans, in India. The segment, which saw an 11.4% YoY decline to 1.54 million units in FY2024, has opened FY2025 with sales of 110,452 units in Apil 2024, a YoY decline of 22% (April 2023:… Continue reading Hatchback and sedan sales down 22% in April, Toyota sole OEM to register growth
Tag: Honda
Musk says Tesla charger network will grow, days after layoffs
The fear of insufficient charging infrastructure is one of the reasons why sales of electric vehicles are progressing less rapidly than expected in the US and Tesla’s well-developed network was seen as key to reassuring customers. Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over USD 500 million this year to… Continue reading Musk says Tesla charger network will grow, days after layoffs
Honda speeds up EV push with record R&D spending
TOKYO — Honda Motor plans to pour a record 1.19 trillion yen ($7.6 billion) into research and development this fiscal year as it steps up the development of electric vehicles to catch up to Tesla and Chinese players. The R&D budget, announced Friday, represents a 23% increase on the year and exceeds 1 trillion yen… Continue reading Honda speeds up EV push with record R&D spending
Musk says Tesla charger network will grow, days after layoffs
The reported layoffs came shortly after Tesla reported a 55% drop in quarterly earnings to USD 1.1 billion, reflecting the decline in EV sales. Tesla boss Elon Musk said Friday the electric vehicle manufacturer would invest over USD 500 million this year to install new superchargers, just days after a report of massive layoffs in… Continue reading Musk says Tesla charger network will grow, days after layoffs
When will cars stop looking so angry?
I wonder if the mock diffuser at the back of the new Kia Picanto will make it look so sporty and fast that it’ll stop it being tailgated on motorways, as is the fate of so many small cars. And will its newly beefed-up front end shoo slowcoaches from the outside lane in a way… Continue reading When will cars stop looking so angry?
‘Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors
Taking a dig at the push for hybrid vehicles, Tata Motors’ Group CFO, PB Balaji, cast doubt on the technology’s environmental benefits, suggesting it’s primarily driven by tax breaks rather than a commitment to clean mobility. “Hybrid is being used more as a tax break rather than actually getting into zero-carbon emissions,” Balaji said during a… Continue reading ‘Hybrid used more for “tax breaks” rather than for zero emissions’: PB Balaji of Tata Motors
Robotic Lawn Mower Market size is set to grow by USD 1.07 bn from 2023-2027, increasing demand from commercial segment to boost the market growth, Technavio
NEW YORK, May 10, 2024 /PRNewswire/ — The global robotic lawn mower market size is estimated to grow by USD 1.07 bn from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of over 15.73% during the forecast period. For more insights on the forecast market size and historic data (2017 – 2021) – Buy… Continue reading Robotic Lawn Mower Market size is set to grow by USD 1.07 bn from 2023-2027, increasing demand from commercial segment to boost the market growth, Technavio
GM to Retire the Chevy Malibu to Make More EVs
General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy. For years, American drivers have been gravitating toward sport utility vehicles and… Continue reading GM to Retire the Chevy Malibu to Make More EVs
@niche: ASPARK OWL #001 Debuts on Suzuka Circuit, the Origin of the Japanese Mobility Culture003326
Working closely with Honda Mobilityland Corporation, Aspark Owl Head Office in Japan took part in an event for fans and media and the Aspark Owl hypercar with serial number #001 showed the circuit drives on Suzuka International Racing Course, the legendary Japanese race track where the world’s top racers in Formula One. The Aspark Owl,… Continue reading @niche: ASPARK OWL #001 Debuts on Suzuka Circuit, the Origin of the Japanese Mobility Culture003326
Honda Motor opens new R&D facility in Bengaluru
Japanese automaker Honda Motor Co today said its subsidiary Honda R&D (India) Pvt Ltd has opened a new Solution R&D center in Bengaluru, Karnataka. Honda R&D (India) is the research and development arm for Honda’s motorcycles and power products in India. The new R&D Center will incorporate advanced mobility technologies into electric vehicle development more… Continue reading Honda Motor opens new R&D facility in Bengaluru