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Cars
car&bike Team
May 1, 2022, 2:37 AM
Moody's affirmed in a note that Tesla's outlook remains positive and the company will continue to increase its scale rapidly and improve its profitability notably.
1 Min
car&bike Team | May 1, 2022Maruti Suzuki Margins Jump On Price Hikes, Sees Chip Supply ImprovingMaruti Suzuki which sells every second car in India, also said it sees the chip-shortage crisis improving in the current quarter which it hopes will help ramp up production to close the gap on pending orders.1 min read
car&bike Team | May 1, 2022Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply StableHitting that production target would depend on a stable supply of chips1 min read
car&bike Team | May 1, 2022Bentley To Produce First Fully Electric Car In 2025Bentley also committed to investing 2.5 billion pounds ($3.4 billion) in sustainability over the next decade.1 min read
car&bike Team | May 1, 2022Carmaker Stellantis Flags Improved Business Performance In ChinaStellantis' business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles.1 min read
car&bike Team | May 1, 2022Toyota Remains World's Biggest Car Seller, Widens Lead On VolkswagenToyota said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors.1 min read
car&bike Team | May 1, 2022SKC Consortium Invests $80 Million In UK Anode Startup NexeonThe consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.1 min read
car&bike Team | May 1, 2022Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV ProductionRenault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.1 min read
car&bike Team | May 1, 2022Stellantis To Raise Stake In China JV With GAC To 75%The deal remains subject to approval by the Chinese government, but Stellantis, plans to increase its stake to 75% as part of its efforts to tackle one of the weak spots in its business.1 min read
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