The European car market is continuing its recovery at a snail’s pace. A total of 887,491 new cars were registered last month, 2.1 percent more than a year earlier, as the European manufacturers’ association Acea announced in Brussels on Tuesday. In the first eleven months of the year, around 9.86 million cars were newly registered,… Continue reading German Manager Magazine: Acea data: VW remains market leader in the EU, Tesla continues to lose ground004620
Tag: Hyundai
Faraday Future unveils FX Super One, an EV minivan with a funny F.A.C.E.
Faraday Future is still kicking and unveiled its next planned vehicle tonight – the FX Super One, an all-electric MPV. The FX Super One is an MPV, “Multi Purpose Vehicle,” which is… basically the new word for a minivan. Minivans have gotten less popular in recent years, as the entire industry has been infected with… Continue reading Faraday Future unveils FX Super One, an EV minivan with a funny F.A.C.E.
Mercedes-Benz CLA Electric
While some other manufacturers are slowly revising their touchscreen-dominant strategies, Mercedes is ploughing on full steam ahead. As on other Mercedes, the approach is at least relatively cohesive. The startlingly vertical fascia and relatively short dashboard are unusual and call forth a 1950s vision of the future. Our test car didn’t have the Superscreen, which… Continue reading Mercedes-Benz CLA Electric
Hyundai Motor Group to Outline AI Robotics Strategy at CES 2026
Hyundai Motor Group will present its group-level artificial intelligence (AI) robotics strategy at CES 2026 in Las Vegas, outlining how robotics and AI are expected to be integrated across its manufacturing and operations ecosystem. The strategy will be formally introduced during Hyundai Media Day on January 5, 2026, at the Mandalay Bay Convention Center. The… Continue reading Hyundai Motor Group to Outline AI Robotics Strategy at CES 2026
Hyundai Creta outsells Tata Nexon in April-November: Top 30 SUVs, MPVs revealed
The utility vehicle segment, which comprises SUVs and MPVs, continues to fire on all cylinders with growth accelerated by the price-slashing GST 2.0 reform that kicked in from end-September. In the current fiscal year’s first eight months, 1.94 million UVs are estimated to have been sold (factory dispatches or wholesales). This works out to 70%… Continue reading Hyundai Creta outsells Tata Nexon in April-November: Top 30 SUVs, MPVs revealed
Lucid’s big SUV arrives with high expectations, and big risks
watch now Lucid Motors gets rave reviews from critics. But it’s sorely lacking customers. That’s a problem the company can’t afford. The Arizona-based EV maker has top-shelf tech, deep-pocketed backers, and highly praised cars. However, it has struggled to meet production targets, and has been unable to steal the spotlight away from established luxury brands… Continue reading Lucid’s big SUV arrives with high expectations, and big risks
On a building spree: Consumer cos, auto inc push capex pedal
The carmakers cited above will deploy capex in launching petrol, diesel, CNG, hybrid and EV models, ramping up capacities for domestic and export markets, and in undertaking research and development projects, company executives said. India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained… Continue reading On a building spree: Consumer cos, auto inc push capex pedal
WATO Korea Accelerates Global Expansion at Automechanika Dubai 2025
SEOUL, South Korea, Dec. 19, 2025 /PRNewswire/ — WATO Korea, a South Korean automotive parts manufacturer, is strengthening its position as a technology-driven company by expanding its presence in global markets. Founded in 1997, WATO Korea specializes in the production of core automotive components, including alternators, starter motors, wheel bearings, and drive shafts (CV axles),… Continue reading WATO Korea Accelerates Global Expansion at Automechanika Dubai 2025
Galbot Secures Over $300 Million in New Funding, Breaking Records with $3 Billion Valuation in China’s Humanoid Robot Sector
BEIJING, Dec. 19, 2025 /PRNewswire/ — Galbot has successfully completed a new funding round exceeding $300 million, bringing the company’s total funding to $800 million. This round once again sets new records for both the largest single-round financing and cumulative financing in the embodied AI sector, further cementing Galbot’s leadership in the rapidly evolving field… Continue reading Galbot Secures Over $300 Million in New Funding, Breaking Records with $3 Billion Valuation in China’s Humanoid Robot Sector
FMCG and auto majors ramp up manufacturing capacity amid demand growth and GST gains
Major Indian consumer goods and auto companies are boosting manufacturing investments over the next two years. This move signals confidence in sustained demand growth. India’s consumer goods and auto majors are stepping up fresh investments in manufacturing over the next two years, betting on sustained demand growth as the impact of the goods and services… Continue reading FMCG and auto majors ramp up manufacturing capacity amid demand growth and GST gains