Volvo Cars to dilute stake in EV maker Polestar

Volvo Cars said on Friday it plans to distribute 62.7% of its stake worth 9.5 billion crowns ($920.17 million) in Swedish electric vehicle manufacturer Polestar Automotive Holding to its own shareholders. After completion of the proposed distribution, Sweden-based Volvo Cars said it will retain an 18% stake in Polestar. The heavy involvement by Sweden-listed Volvo … Read more

The 2024 Honda Prologue Lives Up To Half Of Its Name

The 2024 Honda Prologue is not a Honda. It just isn’t. The Japanese automaker can talk all it wants about how this car is designed to look and feel like a Honda, but it only achieved half of its goals. Sure, the 2024 Prologue looks like a Honda (on the outside, at least), but everything … Read more

passenger vehicle: PV industry growth likely to moderate to less than 5% in FY25: Tata Motors

The growth of the domestic passenger vehicle industry is likely to moderate to less than 5 per cent in the next fiscal, according to Tata Motors Passenger Vehicles Managing Director Shailesh Chandra. The company, however, expects electric vehicle sales to keep growing despite the slow pace of charging infrastructure development in the country. “We had … Read more

These Are Your Hottest Automotive Takes

My hot take, which I have said over and over and over again: if we want more cool little sports cars, we need better public transit. Because we live in a country where a vehicle has to be able to do everything because there’s usually no other option, most of the options we have for … Read more

Lucid And Rivian Are Gearing Up For A Miserable 2024

Good morning! It’s Thursday, February 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Rivian Recalls Nearly Every Car It Has Built 1st Gear: Rivian, Lucid 2024 Production Falls On Weakening Demand … Read more

Ineos Fusilier revealed, will offer electric and range-extended powertrains

The Ineos Grenadier has just started showing up on American roads, but the British automaker has already introduced two new models in development. Its second model, the Quartermaster, debuted at Goodwood last August, and now, the automaker has announced its third model, the Fusilier. Ineos will offer two propulsion choices for the SUV, including an … Read more

Ford Focus Brochures From The Early 2000s Are Full Of Cringe

Back when auto companies used to sell affordable small cars, they would often market them to young people. Typically, these were the buyers automakers wanted to get into these products and, in theory, move up through the brand. While brands like Scion were more successful at reaching young people, others tried too hard, sometimes embarrassingly … Read more

Scout Motors and the little red house

BLYTHEWOOD, S.C. — The trope of the tech firm built in a ranch-house garage has become firmly established within American startup culture. And while Volkswagen operates on a scale that would confound even the most entrepreneurial Valley upstart, Scout is nonetheless fully embracing that attitude. Nowhere is that more obvious than at the site of … Read more