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auto
Adient Q2 earnings: Revenue grows, but headwinds hurt profits
While the automotive industry appears to be emerging from the worst of the supply chain woes unleashed by the COVID-19 pandemic, suppliers continue to struggle with inflation and production volatility.
In Adient's case, second quarter…
Volvo sales rise 10% in April on China demand
STOCKHOLM -- Volvo said on Wednesday that sales increased by 10 percent in April to 51,976 cars, boosted by strong gains in China.
Volvo, which is majority-owned by China's Geely Holding, said in a statement that sales in China were up 46…
Maruti Suzuki Upcoming Launches: From Jimny to Next-Gen Dzire, Find Key Details of the 4 New Cars…
New Delhi, May 3: Maruti Suzuki has been busy overhauling its current lineup, while also adding a bevy of brand-new models in order to reinforce its leading position in the country.
The Indo-Japanese auto major…
Porsche profit jumps 25 percent on record sales
Porsche reaffirmed its targets for 2023 of hitting a return on sales of 17 percent to 19 percent on revenue of 40 to 42 billion euros ($44.1-$48.5 billion). Porsche said its return on carmaking was 18.2 percent in the first quarter.…
Hyundai Exter Micro-SUV Gets Spied Abroad in Production Ready Avatar; From Design to Powertrain,…
New Delhi, May 3: The highly speculated all-new micro-SUV model from the house of Hyundai has been recently christened as the Exter. The South Korean auto major revealed the name of its upcoming product alongside…
Stellantis Q1: Sales jump 14% on higher prices
Stellantis said new vehicle inventory was at 1.3 million cars at the end of March, reflecting a return to more normal levels.
As supply-chain problems ease, automakers are set to struggle to maintain high prices that have underpinned…
Tata Altroz iCNG Variants and Features Explained Ahead of Launch; Find Powertrain, New CNG Tech And…
New Delhi, May 3: Indian auto giant Tata Motors is preparing to launch the CNG version of its premium hatchback Altroz. The company has already officially opened the pre-bookings of the Tata Altroz iCNG last month,…
Hyundai Creta N-Line Launch Confirmed Alongside Creta Facelift, Check Date and Other Key Details…
India, May 3: Hyundai Creta is one of the most popular SUVs in the Indian market. Now, the company is working on its facelifted version. The upcoming SUV is expected to be launched by the end of 2023 or the first…
After India, South Korea Government Calls for Strict Safety Standards Over Series of EV Battery…
Seoul/New Delhi, May 3 :┬аAfter India, the government and car manufacturers in South Korea have to put a bigger focus on the safety of battery packs as a series of recent battery fires may drive down demand for…
BMW M340i Shadow To Launch Soon in India; Checkout Design, Features and Powertrain Details
New Delhi, May 2 : BMW is always trying to reinforce its positioning in the lucrative Indian luxury car market by launching a slew of new models every year, and this year is no different.
The German luxury auto…
GM Layoffs: General Motors Cuts Several Hundreds of Jobs in Detroit as Part of Its Cost-Cutting…
Given the macro-economic conditions, American auto giant General Motors has laid offers several hundreds of employees from both its full-time and contractual positions. GM has especially sacked employees from its…
Nio said to take on VW with cheap EVs for Europe
FRANKFURT -- Nio aims to grab market share from Volkswagen by introducing a model for the European market that will be sold for less than 30,000 euros ($33,060), the company's chairman told GermanyтАЩs Der Spiegel magazine.
"Yes, in terms of…
Zypp Electric EV-as-a-Service Platform Deploys 2,000 EVs in Bengaluru With Plans To Add 8,000 More…
New Delhi, May 2 :┬аEV-as-a-service platform Zypp Electric on Tuesday announced the deployment of 2,000 electric scooters in Bengaluru and aims to deploy 8,000 more EVs in the next two months.┬аCar Launches in India…
Renault Kiger 2023 Refreshed SUV Launched in India With New Features and New RXT(O) Variant;…
New Delhi, May 2 : French auto maker Renault has launched the 2023 refreshed Kiger crossover in India. The new 2023 Renault Kiger has come with additional features and cool looks to make itself more enticing to the…
HondaтАЩs All-New India-Spec Midsize SUV Christened Elevate, Ready for Its World Premiere in June;…
New Delhi, May 1 : Japanese auto major HondaтАЩs Indian car lineup has dwindled to a mere 2 model offering. Nevertheless, the car manufacturing giant is readying up to launch the all-new Elevate SUV in India, which is…
Car Launches in India in May 2023: From Maruti Suzuki Jimny to BMW M2; List of 6 Cars Coming to Our…
New Delhi, May 1: The Indian auto industry is riding high on steady growth and increased demands for new tech and feature-rich cars. Hence, the car majors are always busy to offer new cars to entice the Indian car…
Mercedes CEO Kallenius says China key for Germany
FRANKFURT -- Cutting economic ties with China is unrealistic, Mercedes-Benz CEO Ola Kallenius told a German newspaper, and attempting to do so would put most of the country's industry at risk.
Europe is trying to reduce its dependency on…
Ford’s Kentucky Truck Plant road-tests a new strategy for quality
Kentucky Truck added 300 quality inspectors, and more engineers to chase down the root causes of defects and design new digital tools for catching problems before trucks rolled off the end of the line.
Workers now use a camera to feed…
VW to launch China lifestyle brand to counter BYD, Nio
Volkswagen Group plans to launch a new subbrand for electric cars in China to help the automaker reverse its sliding market share in the country.
The subbrand will launch with the Cupra Tavascan full-electric crossover, a sibling model to…
Automakers, suppliers leap ahead into cutting CO2 emissions
Responsible citizens of the world have been talking for years now about reducing greenhouse gases and "decarbonizing."
But this week, we tell you that the global auto industry has leaped into that discussion тАФ it has declared a kind of war…
Automakers, suppliers leap ahead into cutting CO2 emissions
Responsible citizens of the world have been talking for years now about reducing greenhouse gases and "decarbonizing."
But this week, we tell you that the global auto industry has leaped into that discussion тАФ it has declared a kind of war…
Suppliers adjust to automakers’ carbon reduction goals
According to a 2021 report by the World Economic Forum, the automotive supply chain is one of eight supply chains accounting for more than half of the world's emissions, alongside the food, construction, electronics and freight…
Betting on new innovation in Europe
European automakers have been working on reducing their carbon footprints through solar-powered plants, recycled metal and better methods of heating paint ovens.
Global auto industry gets serious about cutting carbon emissions
Automakers, suppliers, labor unions and governments may debate the best and fastest ways to mitigate emissions of this greenhouse gas and blunt its impact on the global climate. But there is one matter few disagree on, and the Toyota boss…
Japan carmakers are attacking carbon by any means necessary
Part of Japan's conundrum is that the country exports about half of the 10 million vehicles its factories produce every year. If stringent life cycle carbon regulations in those export markets should preclude manufacturing vehicles with…
Auto industry’s climate change goals hinge on parts suppliers
"There's a growing need for standardization," said Tammy Snow, Continental North America's sustainability head. "Every customer is using their own definitions, their own measurement methods for measuring carbon footprints and using…
How suppliers are rethinking their products, business plans and physical footprints to reduce carbon
Under pressure from automakers to decarbonize, suppliers are rethinking how they design, build and dispose of the products they use so that they can become more sustainable.
GM to build $200M parts plant for Silverado EV
The project would create about 1,000 jobs on the site of the former Detroit Pistons arena to support assembly of electric pickups starting in 2024.
UAW, Sanders blast GM for wages at US battery plant
Fain, who won election as UAW president last month, said the Ultium plant at full production will receive more than $1.2 billion a year in U.S. battery production tax credits under the Inflation Reduction Act (IRA). GM CEO Mary Barra said…
Mercedes reports $6 billion Q1 earnings, raises outlook
The vans division saw an adjusted margin of 15.6 percent, up from last year's 12.6 percent, boosted by improved deliveries and pricing.
Mercedes boosted earnings in 2022 by hiking prices by more than the rise in its own costs, and planned…