World Automotive Business Latest News & Updates

AAston Martin is enhancing its retail presence in the UK, Europe, and Asia by opening a sequence of new dealerships that feature the automotive brand’s new company id. The closest dealership to the marque’s headquarters in Warwickshire, Aston Martin Birmingham, is now officially open… BYD plans new local manufacturing facility in IndiaCurrently, the corporate only has fully imported vehicles.

As the EU seeks to put a brake on competitors from Chinese electric automobiles, European automakers are stuck in second gear. Vehicle electrification is a crucial pathway to decreasing global greenhouse gasoline emissions. The provide chain for electric vehicle battery materials relies heavily on China, a dependency that may go away the US weak to … Monroe Capital’s managed fund is targeted on serving to small- and medium-sized auto producers transition to electrical automobile manufacturing.

General Motors reported a dip in third-quarter US auto sales Tuesday, but pointed to progress in gross sales of electric autos and stated retail pricing remained regular. Several trade reveals will give attention to the new subjects of current years, together with EVs, battery tech, hybrid powertrains and software-defined vehicles. In the primary quarter of subsequent 12 months, BMW New Zealand will introduce the BMW 550e xDrive plug-in hybrid electric vehicle , priced at $159,900. The firm may also introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand offering 10 PHEVs to customers. In the DRHP, Hero Motors has unveiled plans to raise INR 900 crore through the IPO by way of a mixture of recent fairness issuance and a suggestion on the market by promoters. The potential collaboration aims to scale back automaker prices and deliver a wider vary of vehicles and emerging technologies to market faster.

Lotus Engineering outfitted the car with an lively suspension nicely ahead of its time. Rust in peace to cars and vans like the Infiniti Q50, the Ram TRX, and lots of extra. The enhance in energy helps propel the electrical Pride to sixty two miles per hour in an estimated eight.0 seconds. But CEO Stephan Winkelmann expects it to sell in addition to the Temerario. We’re spending per week with the not-quite-a-Raptor to see how it handles highways, trails, and on a regular basis life.

Qualcomm refers to its SoC as the first integrated automotive super-compute class System-on-Chip, the Snapdragon Ride Flex SoC. CNG automotive, SUV sales rise 36 percent in April-August 2024Tata Motors’ CNG market share has increased by over 6 percent in comparability with the identical Automotive News period last 12 months. BMW announces Retail.NEXT dealership chainBMW automobiles, motorcycles in addition to Mini vehicles might be bought under the identical roof.

The Italian carmaker closed its Maranello trigeneration plant this week in a bid to cut back its methane fuel consumption and pivot to cleaner energy sources. Following its initial preview on the Malaysia Auto Show, the 2025 Chery Tiggo 8 Pro e+ was showcased, this time in its facelifted guise… MINI Malaysia has introduced the provision of the first-ever 2024 Mini Aceman, solely in the “SE” guise right here on our shores, at a value…