Maruti Suzuki’s annual sales volume crosses 2 million units

Maruti Suzuki India disclosed its quarter four results for FY 2023-24, indicating a notable rise in net profit by 47.8 per cent to Rs 3,877.8 crore compared to Rs 2,623.6 crore in the same period last fiscal year.The annual sales volume of the Maruti Suzuki has also surpassed the 2 million units. The company has … Read more

Maybe Don’t Buy This ‘Former Government Vehicle’ From 1940s Germany

Cars don’t deserve a bad rap just because their owners were shitty, but as humans we can’t help but assign significance to objects via their owners. Take this very brief ad for a 1940 Mercedes-Benz Grosser 770 Open Touring Car. It’s an incredible piece of history, but considering its Nazi roots, it might be better … Read more

Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including rising income levels, urbanization, and a burgeoning middle class with increasing purchasing power.In March 2024, the Indian auto industry produced a total of 2,325,959 units, … Read more

Fisker Claims 4 Automakers Are In Talks To Buy Out The Struggling EV Startup

Photo: Fisker We learned last month that despite Fisker beginning production on its Ocean SUV, the startup automaker lost nearly half a billion dollars last year and desperately needed a bailout. Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell through, so it looked like bankruptcy was the only option. … Read more

Here’s How Much Severance Laid Off Tesla Workers Are Getting

Tesla cut 10 percent of its workforce a few weeks ago, and now we’re getting a better look at what sort of severance package its recently laid-off workers are getting. CEO Elon Musk sent an email to impacted employees late at night on April 14 letting them know they were immediately terminated and cut out … Read more

Stellantis CEO Thinks EV Mandates Will ‘Kill’ Industry

Photo: Stellantis Jurisdictions around the world are imposing EV mandates, regulating ICE vehicles out of production and sale. This is probably a necessary step to prevent us all from drowning in our homes, but the folks who sell ICE vehicles aren’t happy about it. Case in point: Stellantis CEO Carlos Tavares, speaking to a group … Read more

Tesla Model 3 Performance and electric Mercedes-Benz G-Class are here | Autoblog Podcast #829

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor Jeremy Korzeniewski. The Tesla Model 3 Performance has been revealed, and we discuss Tesla’s first-quarter results. Mercedes unveiled its G 580 with EQ Technology. A VW factory voted to join the UAW. The Ford Mustang celebrated its 60th anniversary. The Subaru … Read more