Lear (LEA) Acquires WIP to Optimize Operational Efficiency

Lear Corporation LEA, a global leader in automotive technology for Seating and E-Systems, has closed the acquisition of WIP Industrial Automation. The agreement for this acquisition was signed on Apr 29, 2024. The transaction’s terms were not disclosed. WIP, Lear’s supplier for 25 years, specializes in developing, integrating and deploying advanced automation technologies for production… Continue reading Lear (LEA) Acquires WIP to Optimize Operational Efficiency

Citroen Basalt to be unveiled next month in production spec

The Citroen Basalt is all set to be unveiled in its production-ready avatar early next month. The manufacturing of the SUV-coupe commenced in June, while the launch is expected sometime after its global debut. The Citroen Basalt’s fascia will be identical to the C3 Aircross on which it is based; only the grille inserts’ finish… Continue reading Citroen Basalt to be unveiled next month in production spec

Honda believes it will outpace US rivals as its first electric SUV is available in all markets

Can Honda take a bigger piece of the US auto market in 2024? Honda and luxury brand Acura are banking on brand loyalty and new EVs, including the Prologue and ZDX, to help outpace US rivals. The Honda Prologue is now available at most dealers, spanning all US markets. Honda’s Prologue began hitting US dealerships… Continue reading Honda believes it will outpace US rivals as its first electric SUV is available in all markets

Taking a Practical Line on EV Potential

Stephanie Valdez Streaty, director of industry insights at Cox Automotive, and ACRA president Sharky Laguana walked through the latest electric vehicle data and coming advances during a presentation at the 2024 International Car Rental Show in Las Vegas. Photo: Ross Stewart / Stewart Digital Media While electric vehicles are facing some serious challenges, fleet operations… Continue reading Taking a Practical Line on EV Potential

EV Roundup: BYDDY’s Acquisition of Rever & LCID’s Recalls Draw Attention

Last week, the Biden administration announced its decision to award nearly $2 billion in grants to boost electric vehicle (EV) manufacturing and assembly across eight states, including key battlegrounds in Michigan, Pennsylvania and Georgia. General Motors will receive $500 million to convert a Lansing, MI plant for EV production, supporting a U.S. battery supply chain.… Continue reading EV Roundup: BYDDY’s Acquisition of Rever & LCID’s Recalls Draw Attention

Royal Enfield launches Guerrilla 450 at Rs 239,000

Royal Enfield has launched the Guerrilla 450 with prices ranging between Rs 239,000 and Rs 254,000 (ex-showroom, Chennai). Powering the Royal Enfield Guerrilla 450 is the same liquid-cooled, 452cc, ‘Sherpa 450’ motor that does duty in the Himalayan. In the Guerrilla 450, it develops 40hp at 8,000rpm and 40 Nm at 5,500rpm, the same as… Continue reading Royal Enfield launches Guerrilla 450 at Rs 239,000

Honda Battle of the Bands Announces First Two HBCU Marching Bands in 2025 Lineup; Launches Fan Voting Phase

North Carolina A&T University and Southern University are the first two bands selected to perform at the 2025 Honda Battle of the Bands Invitational Showcase in Los Angeles Fan voting starts today to select two of six participating bands to be announced on Sept. 10 Tickets for the Feb. 1, 2025 event are now on… Continue reading Honda Battle of the Bands Announces First Two HBCU Marching Bands in 2025 Lineup; Launches Fan Voting Phase

Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3

Maruti Suzuki, India’s No. 1 car and SUV exporter for the past three fiscals (FY2024, FY2023 and FY2022) has taken an early lead in overseas shipments of made-in-India passenger vehicles. As per export data released by industry body SIAM, a total of 180,483 units were exported in April-June 2024, up 19% YoY (Q1 FY2024: 152,156… Continue reading Maruti Suzuki takes early lead in car and SUV exports in FY2025, Elevate powers Honda to No. 3

Two-wheeler exports rise 17% to 923,000 units in Q1 FY2025, Bajaj, TVS, Honda drive growth

After two successive fiscals of export sales decline, overseas shipments of made-in-India motorcycles, scooters and mopeds are finally taking off. Total two-wheeler exports of 923,148 units in the first three months of FY2025 are a 17% YoY increase (April-June 2023: 791,316 units), indicating the momentum is back and opening the new fiscal on a good note.… Continue reading Two-wheeler exports rise 17% to 923,000 units in Q1 FY2025, Bajaj, TVS, Honda drive growth

Toyota joins US public EV charging network IONNA

As regular Charged readers know, Toyota’s electrification strategy blows hot and cold—in Q2 2024, its EV share of total US brand sales was abysmal—below 2%, lower than any other major automaker save fellow laggard Honda/Acura. However, even as it continues to lobby against emissions standards and spread misinformation about EVs, the giant automaker is researching… Continue reading Toyota joins US public EV charging network IONNA