Samvardhana Motherson Intl to acquire 11% stake in Israel’s REE Automotive for $15 mn

Samvardhana Motherson Intl to acquire 11% stake in Israel’s REE Automotive for  mn

Auto components major Samvardhana Motherson International Ltd on Monday said it will acquire 11 per cent stake in Israel’s REE Automotive Ltd for up to USD 15 million. Samvardhana Motherson International Ltd (SAMIL) via its wholly-owned subsidiary MSSL Consolidated Inc will subscribe up to 36,39,010 Class A ordinary shares of REE Automotive Ltd. At a … Read more

JSW MG Motor India to drive into luxury car market

JSW MG Motor India to drive into luxury car market

Riding on the faster adoption of EVs in India’s luxury car segment, JSW MG Motor India plans to drive into the segment with its new energy vehicles (NEVs) which include electric, hybrid and plug-in hybrids. With the segment being dominated by the German marquee brands, attracting buyers into its fold will be anything but easy … Read more

Scooter sales growth surpasses that of bikes

Scooter sales growth surpasses that of bikes

Mumbai: Scooters are experiencing a renaissance in the Indian market, even outpacing the traditional reign of motorcycles. Expansion of electric mobility, urban congestion and rising female participation in the workforce are among factors which lifted the share of scooters in the local two-wheeler market to a seven-year high in the first five months of this … Read more

CNG, hybrid cars take expressway to drive past EVs

CNG, hybrid cars take expressway to drive past EVs

Mumbai: The Indian car market’s adoption of alternative fuels continues to be driven by CNG-run vehicles. Hybrids, too, are outpacing electric vehicles in the country at a time when the global EV market shows signs of stagnation. Sales of CNG cars grew 46% year on year during January-August followed by hybrids at 19% while electric … Read more

Discounts, offers drive car, electronics sales in Onam, Ganesh Chaturthi

Discounts, offers drive car, electronics sales in Onam, Ganesh Chaturthi

New Delhi/Kolkata: Hefty discounts and promotional offers have helped trigger some uptick in car and consumer electronic sales during the ongoing Ganesh Chaturthi and Onam festivals – which herald the festive season – after sluggish demand so far this year. Maruti Suzuki reported a 10% increase in bookings in Kerala ahead of Onam, while on … Read more

Why the European Union’s tariffs on Chinese automakers may not work

Why the European Union’s tariffs on Chinese automakers may not work

By the end of October, the European Union will make a final decision on what some analysts call the biggest EU trade case against China in more than a decade. But automakers and countries are divided over whether to place tariffs — so far of up to 36.3% — on Chinese electric vehicles. A German … Read more

Two Delta Planes Crash On Atlanta Runway Ripping Tail Off Regional Jet

Two Delta Planes Crash On Atlanta Runway Ripping Tail Off Regional Jet

Planes don’t bend that way. Image: 6abc Philadelphia via YouTube Airports might seem like organized chaos at times, but believe it or not there’s a careful choreography going on to bring aircraft in to land and send others into the skies safely. Sometimes, it doesn’t all go to plan and this week disaster struck when … Read more

At $6,950, Would You Pick Up This 2003 Cadillac Escalade EXT?

At ,950, Would You Pick Up This 2003 Cadillac Escalade EXT?

Today’s Nice Price or No Dice Escalade is a pickup. Or is it an oddball sedan with an extra big trunk? Whatever it is, we’ll have to decide if its price makes it a bargain. Tom Pelphrey Will Never Forget His Saturn SL2 When someone says, “They don’t build ‘em like that anymore,” spitting a … Read more

What’s The Best Sports Sedan Of All Time?

What’s The Best Sports Sedan Of All Time?

Photo: Lancia Who doesn’t love a sports sedan? They’re able to mix together a lot of the fun-to-drive aspects of a sports car with enough practicality to bring your friends along for the ride as well. I for one am a big fan, but I’ll admit that not all are created equally. Some stand head … Read more

Gorgeous DS Tribute Concept Imagines What A Modern Citroën SM Would Look Like

Gorgeous DS Tribute Concept Imagines What A Modern Citroën SM Would Look Like

One of the most fun thought exercises as a fan of automotive design (or as an amateur or professional designer) is to imagine what a classic car or iconic design would look like if it still existed in modern times. That’s exactly the idea behind the DS Automobiles brand’s latest concept car. Called the SM … Read more