Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Projections for FY25 indicate an anticipated growth rate of 11% for two-wheelers, 5% for both PVs and CVs, and 4% for tractors. Wholesale volumes across various segments of the automobile industry in June 2024 are anticipated to reflect a subdued trend, primarily attributed to the absence of wedding dates, according to Anand Rathi report. Analysts… Continue reading Auto sector sees resilient two-wheeler growth amidst mixed performance in PVs and CVs for June 2024

Honda selects BuyCo and FourKites to digitise end to end international shipping operations

Honda’s divisions of Motorcycle and Power Products Operations have selected BuyCo and leading real-time supply chain visibility provider FourKites to streamline their container shipping operations. With a focus on boosting efficiency and enhancing visibility, Honda’s collaboration with these industry-leading technology providers marks a significant step toward advancing its supply chain. Leveraging BuyCo’s extensive ocean carrier… Continue reading Honda selects BuyCo and FourKites to digitise end to end international shipping operations

Honda releases lease details for its interesting CR-V fuel cell plug-in hybrid

It comes in two colors – white or gray Honda has announced lease pricing for its upcoming CR-V e:FCEV fuel cell plug in hybrid, which operates either on electricity or hydrogen. Honda first announced the CR-V e:FCEV earlier this year, and we got a chance to drive it at Honda’s California R&D center. It’s an… Continue reading Honda releases lease details for its interesting CR-V fuel cell plug-in hybrid

Yaku Corp Partners with Xai to Enhance Web3 Cyberpunk Immersive Gameplay Experience

GEORGE TOWN, Cayman Islands, June 26, 2024 /PRNewswire/ — Yaku Corp, the team behind the highly anticipated web3 massively multiplayer online (MMO) game and cyberpunk metaverse Yaku, today announced a strategic partnership with Xai, a next-generation gaming-focused Layer 3 blockchain. This collaboration will empower Yaku to deliver a seamless and scalable experience for its players within… Continue reading Yaku Corp Partners with Xai to Enhance Web3 Cyberpunk Immersive Gameplay Experience

@VW Group: Porsche eager to extend IMSA championship lead008904

The race With this success in the US state of New York, Porsche, the works team and the drivers Nasr and Cameron have extended their position at the top of the championship standings. The Stuttgart sports car manufacturer now also leads all classifications of the IMSA Michelin Endurance Cup. Round six of the IMSA WeatherTech… Continue reading @VW Group: Porsche eager to extend IMSA championship lead008904

Top motoring innovation: Why Catesby tunnel is all but boring

The winner of Autocar’s Innovation Award for 2024 is Catesby Tunnel, the 1.7-mile hole through the Northamptonshire countryside that once formed part of the Great Central Railway and has recently been repurposed as a globally unique aerodynamic testing facility. “Fourteen years ago, I was thinking about how we test our designs,” says Rob Lewis, the… Continue reading Top motoring innovation: Why Catesby tunnel is all but boring

Going off-grid with Martin Brundle, the face of Formula 1

On the surface, there’s little difference between how Max Verstappen is dominating the sport and how the likes of Schumacher did before him, but Brundle says one key contrast is that “Lewis [Hamilton] in a Mercedes or Michael in a Ferrari were, for any number of reasons, more popular than Max in a Red Bull”.… Continue reading Going off-grid with Martin Brundle, the face of Formula 1

GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

A Cruise vehicle in San Francisco on Feb. 2, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – General Motors’ Cruise autonomous vehicle unit on Tuesday announced former Amazon and Microsoft executive Marc Whitten as its new CEO. Whitten was a founding engineer at Microsoft’s Xbox before leaving the company after more than… Continue reading GM’s Cruise names former Amazon, Microsoft Xbox executive as new CEO

U.S. auto sales are expected to slow during the second half of 2024

Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada.  Scott Olson | Getty Images DETROIT — U.S. auto sales through… Continue reading U.S. auto sales are expected to slow during the second half of 2024

Cox Automotive Forecast: US Auto Sales Expected to Finish First Half Higher by 2.9%, In Line with Expectations for Slow Growth

June’s new-vehicle sales pace is forecast to finish near 16.0 million, up 0.1 million from May’s 15.9 million pace but down 0.1 million from last June’s 16.1 million level. First-half sales volume is forecast to increase by 2.9% year over year, thanks partly to strong results from Toyota, Honda and Ford; Stellantis and Tesla tumble.… Continue reading Cox Automotive Forecast: US Auto Sales Expected to Finish First Half Higher by 2.9%, In Line with Expectations for Slow Growth