Your daily updates around automobile industry
Here’s a startling fact that more Americans need to know: The auto-insurance industry is subsidizing road carnage. How’s that? Insurance companies subsidize vehicle violence by charging far less to insure SUVs, pick-up trucks, and minivans — the hulking killing machines that have sent pedestrian and cyclist crash deaths soaring in the last decade — compared to smaller […]
Demand recovery for the automobile sector post lifting of lockdown has been stronger than anticipated. Brokerage firms are bullish, but they advise investors to remain cognizant of retail auto sale risks. Motilal Oswal Financial Services predicts that the second quarter (Q2) of FY 2021 could potentially mark the beginning of a margin recovery phase after […]
Skoda Auto Volkswagen India Private Limited is aiming to grab 3 per cent market share in the next couple of years. In order to achieve this target, the group will launch a new product in the country every six months, starting from early 2021. Under the India 2.0 strategy, Skoda and Volkswagen will launch new […]
WASHINGTON/NEW YORK (Reuters) – Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate Joe Biden wins the White House. Biden and U.S. President Donald Trump both need the votes of auto workers in Midwestern swing states such as Michigan and Ohio, and both say they […]
Tesla reported its fifth consecutive quarter of profits on Wednesday, but operating expenses jumped 33% to over $1 billion as Tesla constructs new factories in Austin, Texas and Brandenburg, Germany, and it continues to ramp its Shanghai, China, plant. Tesla CEO Elon Musk said of new factories, “we’ll start off very slow at first and […]
Here are some car popular car myths that are so ridiculous they’ll make you wonder why people believe in them in the first place. There is a lot about cars that people can misunderstand. Sadly, many unscrupulous dealers or mechanics have taken advantage of the unsuspecting owner who buys into how they need to pay […]
Cars aren’t just a mode of transportation anymore — they’re becoming large smart devices with wheels. I’m not just referring to EVs. Gasoline-powered vehicles and hybrids are smarter than ever with various driver-assist systems, personal assistants, advanced powertrain technology, and loads of safety features. In the past, future cars were a simple evolution of the […]
Well, here it is! New promotional images posted to Russian website Kolesa.ru reveal the extent of the changes we’ll see on the 2021 SsangYong Rexton. As the earlier teaser images revealed, we can expect a bold new grille design – shown here in a dark shadow chrome finish – along with subtly tweaked lighting internals and bumpers at […]
Recently Elon Musk ( C.E.O. of Tesla Motors ) met P.M. Modi at Tesla’s headquarters in California, U.S. Musk has also announced that the company will be launching their first Tesla in India in 2021. What competitions would Tesla face after stepping into Indian markets? As one the biggest Indian automakers Tata Motors already trying […]
SuperCharge is an all-new global motorsport series based on electric crossover road cars that claims it will help shape the new future for motorsport. With a planned 2022 start, the inaugural series is targeting eight events taking place right across the globe, in cities from Asia-Pacific, China, Europe, Middle East and USA aiming to provide […]