Last year’s Youngong profit expected to be 1.2 trillion wonLG Ensol is also likely to achieve 900 billion won Samsung SDI’s electric vehicle battery business recorded an annual surplus for the first time in 12 years. LG Energy Solution also recorded an operating profit of close to KRW 1 trillion last year, following their first… Continue reading Samsung SDI, first surplus in 12 years… Reaching ‘tipping point’ of the battery
Tag: Recalls
GM threatens action against any dealerships attempting markups on upcoming EVs
General Motors is looking to nip the any dealership issues in the bud before its influx of EVs hit the market. In a recent letter to its dealerships, GM has warned against markups above MSRPs and reservation amounts, threatening to redirect vehicles away from offenders. General Motors ($GM) is an American automaker with hands on… Continue reading GM threatens action against any dealerships attempting markups on upcoming EVs
@GM: GM Investing Nearly $154 Million in Western New York for Production of Electric Motor Components January 21, 2022
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: GM Investing Nearly $154 Million in Western New York for Production of Electric Motor Components January 21, 2022
GM is actually making EVs: Pre-production Cadillac Lyriq rolls off assembly line, deliveries to follow
Following a turbulent 2021 in terms of EVs, General Motors is moving full-speed ahead in trying to make good on its promise to deliver 20 new electric models by 2023. According to GM’s President, its highly anticipated Cadillac Lyriq will be one of the first to arrive, as pre-production models have been assembled ahead of… Continue reading GM is actually making EVs: Pre-production Cadillac Lyriq rolls off assembly line, deliveries to follow
Ford recalls 200K cars because brake lights can stay on
Detroit – Ford is recalling about 200,000 cars in the U.S. to fix a problem that can stop the brake lights from turning off. The recall covers certain 2014 and 2015 Ford Fusion and Lincoln MKZ midsize cars as well as some 2015 Mustangs. All were sold or registered in Texas, Louisiana, Mississippi, Alabama, Florida,… Continue reading Ford recalls 200K cars because brake lights can stay on
Hennessey VelociRaptor 600 Truck Begins Production
The additional power of the VelociRaptor 600 makes the Hennessey rapid off the line, but it’s the additional 162 lb-ft torque that really makes the difference when under way. Hennessey’s engineers boosted the stock Raptor’s 510 lb-ft torque by a third to achieve 672 lb-ft of pulling power. The combined power and torque propel the… Continue reading Hennessey VelociRaptor 600 Truck Begins Production
Battle for a brand
To Harish Bijoor, this four-letter word brand is a “humongous asset” for the electric space. The reference is to ‘Hero’ where Pawan and Naveen Munjal have sought legal intervention for use of the name. The former who heads the market leader, Hero MotoCorp, wants the brand (Hero) for the foray into electric. This is not… Continue reading Battle for a brand
Tesla releases new Full Self-Driving Beta 10.9 software update, announces expansion in Canada
Tesla is starting to push a new version (10.9) of its Full Self-Driving Beta software update with some improvements, and Elon Musk announced an expansion of the test program in Canada. For more than a year now, Tesla has been slowly rolling out what it is calling “Full Self-Driving Beta” (FSD Beta), which is an… Continue reading Tesla releases new Full Self-Driving Beta 10.9 software update, announces expansion in Canada
Nippon Paint to offer car refurbishment to Spinny, Ola
Nippon Paint India is keen to tap India’s vehicle refurbishment market and recently entered into tie-ups with Spinny and Ola cars, two new used car start-ups. The company is betting on the increased trend of buying pre-owned cars. A study by OLX Auto-Crisil suggests used cars sales may register a 15 percent YoY growth in… Continue reading Nippon Paint to offer car refurbishment to Spinny, Ola
@GM: General Motors Introduces CarBravo™ – A New Way to Shop for Used Vehicles January 11, 2022
CarBravo offers used vehicle shoppers choice, convenience, transparency and helps create peace of mind Customers can shop online, at the dealership or a combination of both Wide selection of inventory including non-GM makes and models Benefits, support and service throughout ownership experience DETROIT – General Motors introduced today CarBravo, a new way to shop for… Continue reading @GM: General Motors Introduces CarBravo™ – A New Way to Shop for Used Vehicles January 11, 2022