BEIJING: By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that’s just what it is getting. Automakers are expected to launch 110 EVs and plug-in hybrids … Read more
Good morning! It’s Wednesday, April 24, 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. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Profits Drop 55 Percent Tesla doesn’t seem … Read more
Photo: Daniel Golson/Jalopnik The Bangle years are not only my favorite era of BMW design, but one of my favorite eras of design at any automaker. No other company was taking risks and innovating like BMW was, and Bangle’s Flame Surfacing technique forever influenced the rest of the industry. The groundbreaking i3 and i8 were … Read more
Talbros Automotive Components on Thursday said its joint venture firm has secured a multi-year contract valued at around Rs 1,000 crore from a European original equipment manufacturer (OEM). The order is to be executed over a period of next eight years commencing from the fourth quarter of this fiscal, the company said in a regulatory … Read more
Happy Tuesday! It’s April 16, 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. Even EVs Can’t Get A Break From The Heat 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla … Read more
Even by electric vehicle standards, the original Fiat 500e wasn’t exactly a huge success. The Italian EV was mostly available in California, and sales peaked in 2015 with 6,194 units dropping to 2,250 by 2018. Former CEO Sergio Marchionne also famously claimed the company lost $14,000 on every 500e sold, which meant the less successful … Read more
Good morning! It’s Friday, April 5, 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. Volvo’s Newest EV Is The Cheapest Volvo You Can Buy In The U.S. 1st Gear: Ford Delays New … Read more
Leading Indian automaker Mahindra & Mahindra on Thursday unveiled the name of its new sports utility vehicle (SUV) offering ‘XUV 3XO’. The vehicle, pronounced ‘3-ex-Oh’, will be launched on April 29, the company said in a press release. “It seamlessly integrates thrilling performance, cutting-edge technology, unmissable design, and unparalleled safety to cater to the aspirations … Read more
Photo: Anna Rose Layden (Getty Images) As it turns out, lowering the price of an item makes that item sell better. This, in econ, means that item is “elastic” — and cars are certainly elastic. Based on Ford’s latest price drops on the Mustang Mach-E, EVs are no exception. Is The New Toyota Land Crusier … Read more
Mumbai: India’s recently announced electric vehicle policy will help global carmakers expedite decisions on investing in manufacturing EVs in the country besides allowing brands gauge customer response to premium EV models in a value conscious market, said a senior executive at the local arm of Czech carmaker Skoda Auto. Speaking to ET, Petr Janeba, brand … Read more
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