New Ineos Grenadier won’t arrive until 2023 amid delays – Autocar

New Ineos Grenadier won’t arrive until 2023 amid delays  Autocar 2023 Ineos Grenadier to enter production this month after delays  Drive Sir Jim Ratcliffe runs up £1.2bn bill for Land Rover rival the Grenadier  The Times Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses  The Guardian Ineos presented with £1.2bn bill to make Defender’s rival  City… Continue reading New Ineos Grenadier won’t arrive until 2023 amid delays – Autocar

New Ineos Grenadier won’t arrive until 2023 amid delays

Ineos Grenadier production has begun – but the firm has admitted that customer deliveries aren’t likely to ramp up until later this year as a result of parts and development delays. In a symbolic moment, the first Grenadier started going down the production line at the firm’s former Mercedes factory in Hambach yesterday (Monday). Insiders… Continue reading New Ineos Grenadier won’t arrive until 2023 amid delays

H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers

On a year-on-year basis, the OEMs saw improved performance owing to the easing of chip supplies, softening of commodity prices, new launches, and a Covid-free festive season after two years. New Delhi: After braving two years of difficult times, the Indian automobile industry finally seems to be coming out of the woods in the first… Continue reading H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers

Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%

Investing strongly for the next phase of growth – 1500+ Elxsians added in Q2FY23 along with new facilities in Bengaluru, Chennai, Kozhikode and Hyderabad BANGALORE, India, Oct. 14, 2022 /PRNewswire/ — Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world’s leading providers of design-led technology services, announced its second quarter results for the period ending 30th… Continue reading Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%

New Vehicle Supply Up, Prices Down in September

Full-size pickup trucks from domestic automakers had the highest inventory, back to levels similar to pre-pandemic days. As has been the case for months, larger and luxury cars also had inventory at the higher end of the spectrum. Graphic: Cox Automotive New-vehicle inventory closed September at its highest level since early June 2021, and the… Continue reading New Vehicle Supply Up, Prices Down in September

Clean Technica: US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%002310

US auto sales were up 1% in the 3rd quarter of 2022 compared to the 3rd quarter of 2021, but they were down 13% compared to the 3rd quarter of 2020 and down 21% compared to the 3rd quarter of 2019, which we use as a bit of a control year since it was before… Continue reading Clean Technica: US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%002310

BEON1X music fest erupted into a crowded rave and eco-revolution in Cyprus

LARNACA, Cyprus, Oct. 13, 2022 /PRNewswire/ — The first two-weekend long BEON1X Open Mind Music Festival came to an end as over 16000 people tore up the dance floor, while 40 top DJs kicked up their heels and organizers utilized all the recyclable garbage from the event. The festival paved the way for the more… Continue reading BEON1X music fest erupted into a crowded rave and eco-revolution in Cyprus

New Vehicle Prices Back Off Record High

Slight price dips are emerging among some automakers, but overall new vehicle prices are still above sticker and above last year. Graphic: Kelley Blue Book The average price paid for a new vehicle in the U.S. in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data… Continue reading New Vehicle Prices Back Off Record High