Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news

Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Positive updates to its full-year outlook helped send shares rallying by roughly 2.5% in after-hours trading. Automotive revenue increased 2% year over year, to $38.89 billion, missing analysts’ forecasts of $40.1 billion, according to … Read more

Elon Musk Visits China, Likely To Promote Tesla’s Autopilot and Supervised Full Self-Driving Technology: Report

New Delhi, April 28: Tesla CEO Elon Musk has made an “unannounced and surprising” visit to Beijing, according to a media report on Sunday. Musk’s visit has raised hopes for bringing Tesla’s autopilot and supervised full self-driving (FSD) technology to China, known to be the electric vehicle maker’s second-biggest market, the South China Morning Post … Read more

2024 Beijing Auto Show: 2025 Mercedes-Benz E-Class LWB Breaks in China, Check Details

2025 Mercedes-Benz E-Class LWB. (File photo) Now, the model gets Level 2+ ADAS technology, offering 10 additional exclusive luxury features in China. It became more superior and bolder in the segment. The German car maker Mercedes-Benz has removed the curtains from the 2025 E-Class long wheelbase (LWB). The model was revealed at the 2024 Beijing … Read more

World’s first hydrogen station for big trucks opens – is it too late?

Image by FirstElement Fuels. FirstElement Fuels has opened the world’s first large-scale hydrogen fueling station for heavy-duty commercial trucks just outside the Port of Oakland. FirstElement is calling their new filling station, which opened to the public this week for tours and demonstrations, the first of its kind. Located near the Port of Oakland, the … Read more

Why is there no ‘overcapacity’ at Beijing Auto Show?: Global Times editorial

BEIJING, April 28, 2024 /PRNewswire/ — After a nearly-four-year hiatus, the 2024 (18th) Beijing International Automotive Exhibition (Beijing Auto Show) kicked off on Thursday. The event features more than 1,500 exhibiting companies, 278 new-energy models, 117 world premiere models, and 163 press conferences, demonstrating the new development trends of China’s domestic and global automotive industry. … Read more

Weekend Car Culture Roundup April 27, 2024

Good morning! It’s Monday, April 22, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. – Andy Kalmowitz Read More Read more… Read original article here Denial of responsibility! Pioneer Newz is an … Read more

Suzuki working on smaller hybrid cars for India with much better mileage: Maruti chairman RC Bhargava

Japanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, revealed Maruti Suzuki Chairman RC Bhargava.While speaking to reporters post the announcement of Maruti’s Q4 earnings on Friday, Bhargava said that the costs of today’s technology which goes into the Toyota hybrids is still quite … Read more

Honda to build $11 billion electric vehicle hub in Canada

A brand-new Honda Pilot is displayed on the sales lot at Honda Marin in San Rafael, California, on Feb. 6, 2024. Justin Sullivan | Getty Images DEROIT — Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday. … Read more

US Probes If Tesla Autopilot Recall of Two Million Vehicles Did Enough To Make Drivers Pay Attention

Detroit, April 26: The US government’s auto safety agency is investigating whether last year’s recall of Tesla’s Autopilot driving system did enough to make sure drivers pay attention to the road. The National Highway Traffic Safety Administration says in documents posted on its website Friday that Tesla has reported additional crashes involving Autopilot since the recall, … Read more