Japan's Toyota raised its annual net profit forecast to a record high on Tuesday, reporting strong sales in all regions in the first three quarters as the global semiconductor shortage eases.
The first round has an initial release of 100 units. Delivery is expected to start in March 2024. The Cyberster was first launched at the Guangzhou Auto Show in China. The price ranged from 319,900 to 359,800 yuan (45,100 – 50,700 USD) in three trims.
BYD Seal 06 was revealed by a government regulator in China. It is a plug-in hybrid sedan under the new Seal family, which belongs to the Ocean series.
The adoption of OTA updates for enhancing vehicle capabilities and driving experience demonstrates Aito’s focus on customer satisfaction and continuous improvement.
Next year, GWM applied for patent images of the new sedan with retro styling. Its spy shots leaked online in 2022. But then it fell off the grid. Now, GWM is once again trying to resurrect the sedan segment, working on a luxurious product.
Santosh Iyer, Managing Director & CEO, Mercedes-Benz India is also batting for capex on infrastructural projects to continue, aiding the automotive sector. At the same time, Iyer draws attention to the luxury car industry’s significant value contribution to the GDP. “Our wish for a rationalized duty structure and GST stays on priority,” says Iyer.
This battery contributes to a WLTP city driving range exceeding 780 km. Built on the 800V high-voltage architecture PPE electric platform, the Macan EV supports both 400V and 800V charging configurations.
The majority of car buyers in America are women. But most management roles in the auto industry are held by men. We talk with Diane Caplan, a Houston car industry professional who’s among those changing that.
That's in contrast to Nio's William Li's view that the automotive industry is not a winner-take-all business, but rather one where there is a great deal of personalized demand to be met.
Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.
Rising volume from Chinse automakers like SAIC, Dongfeng and BYD comes amid declining U.S. vehicle exports as companies like General Motors have cut international operations.
The inflammation of the car market has increased again at the same time as the last days of the year are approaching and the record prices in this market continue.