There is a preference for larger, more efficient EVs that provide more milerange in the U.S. and Canada. Small two-person mini-cars are passe. In a significant development, German automaker Daimler AG stated, it will discontinue the tiny, two-person Smart cars,… Read More ›
Geely is aiming to emulate luxury carmakers whose SUVs have so far done well in the Chinese market. But given that China’s auto-market has shrunk for the first time in two decades as well as low sales in 2018, Geely’s… Read More ›
The capacity increase assumes significance since it ramps up production volumes as well as adds bigger cars to Geely’s product basket. According to two sources familiar with the matter at hand, China’s Geely is putting in place a new auto… Read More ›
French carmaker Peugeot aims to not only boost sales volumes but the company’s image as well in Brazil, one of the 5 priority markets for cars in the world. In a significant development that is aimed at improving French carmaker… Read More ›
The declining costs of battery technology is heating up the race to place electric vehicles on the consumer market by 2020. In efforts aimed at shortening the lead between its rival and itself, Toyota Motor Corp has establishing a new… Read More ›
Toyota’s fuel efficient sedans and SUVs caters to design-conscious consumers in the US. As per a sourced briefed with the matter at hand, Toyota Motor Corp and Mazda Motor Corp are set to collaborate on developing a $1.6 billion U.S… Read More ›
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
Door latch issues have plagued Ford’s many models leaving consumers to latch their cars with ropes and seat belts. As a result of its recalls, Ford has made downward revisions to its adjusted full-year pre-tax profit forecast to $10.2 billion… Read More ›
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