Mahindra XUV300 turns four, sells over 185,000 units since launch

Launched on Valentine’s Day in 2019 in the Indian market, the Mahindra XUV300 has turned four years old today – February 14, 2023. From launch through to end-January 2023, it is estimated that Mahindra & Mahindra’s compact SUV has sold a total of 185,782 units in the Indian market. Proof of the XUV300’s strong market… Continue reading Mahindra XUV300 turns four, sells over 185,000 units since launch

Subaru recalls Solterra for its nagging wheels-fall-off problem

Subaru has issued another recall for its battery electric Solterra crossover due to concerns that hub bolts on the wheels may loosen and cause it to detach. Subaru said the issue affects 1,182 model year 2023 Subaru Solterra vehicles. The 2023 Subaru Solterra EV and 2023 Toyota bZ4x — the products of a partnership between… Continue reading Subaru recalls Solterra for its nagging wheels-fall-off problem

@niche: Adamo opens 2023 Red Bull KTM motocross account with podium finish in Italy002509

Dear Sir/Madam, Welcome to our Press Center. May we express our pleasure at the fact that you have chosen to use the pool of information regarding our company and its products and services. This information and content is made available by KTM Sportmotorcycle GmbH, Betriebsgebiet Süd, Stallhofner Straße 3, A-5230 Mattighofen, Austria, and we are… Continue reading @niche: Adamo opens 2023 Red Bull KTM motocross account with podium finish in Italy002509

Magna International Inc. (NYSE:MGA) Q4 2022 Earnings Call Transcript

Magna International Inc. (NYSE:MGA) Q4 2022 Earnings Call Transcript February 10, 2023 Operator: Greetings, and welcome to the Q4 and year-end 2022 results and 2023 Outlook Conference Call. As a reminder, this conference is being recorded, Friday, February 10, 2023. I would now like to turn the conference over to Louis Tonelli, Vice President of… Continue reading Magna International Inc. (NYSE:MGA) Q4 2022 Earnings Call Transcript

@niche: RED BULL KTM PODIUM DOUBLE IN TAMPA AS COOPER WEBB CLAIMS FIRST SUPERCROSS WIN OF 2023002508

Dear Sir/Madam, Welcome to our Press Center. May we express our pleasure at the fact that you have chosen to use the pool of information regarding our company and its products and services. This information and content is made available by KTM Sportmotorcycle GmbH, Betriebsgebiet Süd, Stallhofner Straße 3, A-5230 Mattighofen, Austria, and we are… Continue reading @niche: RED BULL KTM PODIUM DOUBLE IN TAMPA AS COOPER WEBB CLAIMS FIRST SUPERCROSS WIN OF 2023002508

Luxury car companies line up for big Indian electric vehicle race

Electric luxury car sales accounted for 3.8% of total luxury car sales in December 2022. Mumbai: Luxury car makers are set to launch several electric vehicles in the coming months as they bet on EVs accounting for up to a fourth of their sales in the country in the next three-four years, up from low… Continue reading Luxury car companies line up for big Indian electric vehicle race

Tata Motors achieves RDE and E20-compliance for entire PV range

Tata Motors has announced introduction of its BS6 Phase II range of passenger vehicles with RDE (Real Driving Emissions) and E20-compliant engines. The move comes ahead of the new set of emission norms kicking in from April 2023. RDE can also be understood as Phase 2 of the BS6 emission norms, which will require all cars to… Continue reading Tata Motors achieves RDE and E20-compliance for entire PV range

SUBARU OF AMERICA, INC. RECALLING 1,182 MODEL YEAR 2023 SUBARU SOLTERRA SUVs

CAMDEN, N.J., Feb. 10, 2023 /PRNewswire/ — Subaru of America, Inc. (SOA) today announced a safety recall on select 2023 Subaru Solterra vehicles. The issue affects 1,182 model year (MY) 2023 Subaru Solterras. These vehicles were the subject of an earlier recall requiring the replacement of original hub bolts. Subaru identified an issue with vehicles… Continue reading SUBARU OF AMERICA, INC. RECALLING 1,182 MODEL YEAR 2023 SUBARU SOLTERRA SUVs

UPDATE 2-Auto parts maker Magna posts profit below estimates on higher costs

(Adds estimates, background) Feb 10 (Reuters) – Magna International Inc on Friday reported a nearly 80% slump in its quarterly profit that missed estimates, as the Canadian auto parts maker struggled with higher engineering costs in its electrification and self-driving businesses. The company’s fall in profit comes amid ongoing chip shortages and rising raw materials… Continue reading UPDATE 2-Auto parts maker Magna posts profit below estimates on higher costs

Auto parts maker Magna posts profit below estimates on higher costs

(Reuters) -Magna International Inc on Friday reported a nearly 80% slump in its quarterly profit that missed estimates, as the Canadian auto parts maker struggled with higher engineering costs in its electrification and self-driving businesses. The company’s fall in profit comes amid ongoing chip shortages and rising raw materials costs that have battered big auto… Continue reading Auto parts maker Magna posts profit below estimates on higher costs