Automotive News

CNG car, SUV sales rise 36 percent in April-August 2024Tata Motors’ CNG market share has elevated by over 6 percent compared to the same period final yr. BMW announces Retail.NEXT dealership chainBMW automobiles, motorcycles as properly as Mini vehicles shall be sold underneath the identical roof. Karnataka plans road tax, registration charges waiver on …The state can additionally be planning to incentivise manufacturing and infrastructure improvement for EVs.

Jeep’s first US-bound electric automobile is a high-powered Wagoneer, set for a fall 2024 launch. Qualcomm’s automotive revenue in the most recent quarter was $811 million, an 87% increase from the identical quarter in 2023. AI on the edge is certainly alive and nicely for the corporate, far outstripping Nvidia’s automotive enterprise.

Pirelli now presents newly developed rubber for all Ferrari flagship supercars. The Urus SE will get a V-8 with an electrical motor and a reworked drivetrain. By the numbers, extra automobiles had been wrapped up in the Big One this previous weekend than ever before within the Cup Series. Qualcomm sees the long run as being powered by a centralized compute facility, aggregating domain-specific capabilities to reduce latencies and decrease costs. Qualcomm’s auto-related income jumped 87% 12 months over year in the second quarter this 12 months, nicely forward of rivals Nvidia and Mobileye.

The firm may even introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand providing 10 PHEVs to customers. In the DRHP, Hero Motors has unveiled plans to boost INR 900 crore via the IPO through a mixture of contemporary equity issuance and a suggestion on the market by promoters. AutoNews.com is an web site that gives automotive news updates, including news generated from Automotive News, Automotive News Europe, Automotive News China, Autoweek, Bloomberg, and Reuters business news. French President Emmanuel Macron reaffirmed his assist Automotive News for EU tariffs on Chinese electric automobiles, throughout a visit to Berlin on Wednesday. With tens of millions of self-driving automobiles projected to be on the street in 2025 and autonomous drones generating billions in annual gross sales, security and reliability are essential concerns for shoppers, manufacturers, and regulators. As the EU seeks to put a brake on competition from Chinese electric automobiles, European automakers are stuck in second gear.

General Motors reported a dip in third-quarter US auto gross sales Tuesday, but pointed to growth in gross sales of electric autos and said retail pricing remained steady. Following a bankruptcy submitting from EV automaker, Fisker, the company’s former Southern California headquarters was abandoned and has reportedly turn out to be a magnet for squatters. The luxurious electric car firm was founded in 2016 by Danish designer Henrik Fisker.

Initially headquartered in Manhattan Beach, Fisker Automotive opened a facility more lately in La Palma in Orange County. The company skilled major monetary difficulties, laid off most of its workers and shuttered its headquarters. The potential collaboration aims to reduce back automaker prices and deliver a wider vary of autos and rising applied sciences to market sooner.