Month: July 2023

Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said the company would target current Nissan customers with the “timely introduction of high-value product[s] that are as competitive as fast-growing local brands, at [an] attractive
0 Comments
Toyota’s next-generation Land Cruiser SUV, set to be unveiled next week, will borrow some front styling cues from 1980s Land Cruisers. Toyota, with a cherry red Land Cruiser FJ62 used as a background prop for comparison, released another image Wednesday previewing the Land Cruiser with rectangular headlights flanking an egg-crate grille. The Toyota badge is
0 Comments
As the nation transitions to electric transportation, fires have shadowed new technology — from the scrappiest e-bikes to the fanciest Teslas. Fires are an additional challenge for the electro-mobility industry, which already faces cost concerns and infrastructure issues. Not only are these high-profile blazes claiming lives, they risk turning electric progress to ash. In April
0 Comments
Chancellor Olaf Scholz’s government plans to spend 20 billion euros ($22 billion) to bolster semiconductor manufacturing in Germany in a push to shore up the country’s tech sector and secure supplies of critical components amid growing geopolitical tension. The money is to be distributed to German and international companies by 2027 and will be drawn
0 Comments
New light vehicle registrations in California increased during the first half of 2023 by 11.6 percent year-over-year to 905,752 units. According to the California New Car Dealers Association (CNCDA)’s data and estimates collected from various partners, the growth of plug-in electric car sales (specifically, all-electric car sales) far outpaced the general market. During the first
0 Comments
Tata Motors reported better-than-expected first-quarter income as supply-chain constraints eased, helping to lift sales of luxury cars. Net income was 32 billion rupees ($391 million) in the three months through June, compared with a loss of 50 billion rupees a year earlier, the Mumbai-based company said in a statement Tuesday. Analyst estimates on average were
0 Comments
Laurence Edmondson, F1 EditorJul 23, 2023, 12:16 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 BUDAPEST, Hungary — Lando Norris accidentally broke Max Verstappen’s winner’s trophy at the Hungarian Grand Prix after some overexuberant celebrations on the podium. Verstappen won Sunday’s race by over 30 seconds from Norris, who took
0 Comments