PLI scheme: Toyota Kirloskar Auto Parts now eligible to avail incentives under PLI scheme

PLI scheme: Toyota Kirloskar Auto Parts now eligible to avail incentives under PLI scheme

Toyota Kirloskar Auto Parts on Friday said it is now eligible to avail incentives under the production-linked incentive scheme for advanced automotive technology (AAT) products. The company, a part of Toyota Group of companies, has received the domestic value addition (DVA) certificate for the xEV Transaxle (e-Drive) under the PLI scheme for AAT products, Toyota … Read more

This Motorcycle-Powered Lotus Seven Clone Might Be Worth A Crash Diet

This Motorcycle-Powered Lotus Seven Clone Might Be Worth A Crash Diet

Image: Facebook Marketplace I’d probably need to lose 150 pounds and half my size-thirteen foot to drive this car, but it damn well might be worth it to try. I got the great pleasure of watching this 13,000 RPM ripper of a Lotus Seven clone compete in the 2023 autocross season, and I’ve dreamt about … Read more

Porsche Taycan Turbos Have Lost Up To $100,000 Value In 4 Years

Porsche Taycan Turbos Have Lost Up To 0,000 Value In 4 Years

Depreciation is hitting EVs harder than most other vehicles. A combination of technology upgrades, price fluctuations on new cars, and lack of demand has meant a rapid drop in value for many electric models. This phenomenon is especially dramatic for Porsche’s Taycan EV, with high-spec Turbo models losing almost $100,000 in value within four years. … Read more

Stellantis CEO Gets 56 Percent Pay Boost, Makes 518X More Than Average Worker

Stellantis CEO Gets 56 Percent Pay Boost, Makes 518X More Than Average Worker

Good morning! It’s Friday, February 23, 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. Why Is Carvana Stock Suddenly Thriving? 1st Gear: Stellantis CEO Carlos Tavares Made $39.5M in 2023 I don’t … Read more

Kia Seltos: Do you own a Kia Seltos? The company is recalling some cars. Check details here

Kia Seltos: Do you own a Kia Seltos? The company is recalling some cars. Check details here

Kia India announced on Friday that it is voluntarily recalling 4,358 units of a petrol variant of its mid-sized sports utility vehicle Seltos to replace the electronic oil pump controller. “Kia is recalling Smartstream G1.5 Petrol Seltos with IVT transmission, manufactured between February 28 and July 13, 2023,” the South Korean automaker said in a … Read more

Houthi Rebels Are Messing With World Endurance Championship Testing In Qatar

Houthi Rebels Are Messing With World Endurance Championship Testing In Qatar

Image: FIA WEC Yemen-based Houthi rebels have been lodging attacks against cargo ships traveling through the Gulf of Aden and the Red Sea, attempting to disrupt global trade. It seems their attacks have been successful, as trade delays continue to mount and ships attempt to find other ways to their destination that don’t include a … Read more

2024 Toyota Tacoma SR5 XtraCab: 5 cool features

2024 Toyota Tacoma SR5 XtraCab: 5 cool features

The two-door, two-seat pickup truck is virtually dead in 2024, but that doesn’t mean truck builders won’t make the odd attempt to court buyers who are more interested in carrying cargo than people. The 2024 Toyota Tacoma XtraCab is one such bundle. It’s a two-door truck, but you’d be forgiven for not noticing, considering how … Read more