Author: Damini Sharma

In an aerial view, an indication is posted on the outside of Lucid headquarters on March 29, 2023 in Newark, California. Electric automobile maker Lucid introduced plans to put off 1,300 employees, 18 % of its workforce, as a part of a restructuring plan. Justin Sullivan | Getty ImagesLuxury electrical automobile maker Lucid Group on Monday reported widening first-quarter losses, however stated that it nonetheless has sufficient money to proceed operations into subsequent yr.Shares have been down over 8% in after-hours buying and selling following the information.associated investing information”We are on track to produce over 10,000 vehicles in 2023, with company-wide…

Yamaha MT-01: This is a bike that has gained a cult following within the motorcycling world. Despite being discontinued in 2012, the MT-01 continues to be a big affect on the design and engineering of recent bare bikes. Here we take a more in-depth have a look at the legacy of this groundbreaking machine. The Birth of the Muscle Bike The Yamaha MT-01 was an progressive bike that mixed options of cruisers and superbikes, giving it the title of ‘Muscle Bike’. Shinichiro Nishimura got here up with the thought for this bike in order that its potential wouldn’t be squandered…

Hyundai Venue vs Maruti Suzuki Fronx: In this text, we are going to evaluate two of the very best SUVs obtainable within the compact SUV market. The Hyundai Venue and the upcoming Maruti Suzuki Fronx. Let’s evaluate them and see which one is best for you. Also Read: Polaris India Launches 2023 RZR Pro R 4 Ultimate UTV with Powerful Engine and Heavy-Duty Suspension, Dealership Now Open in Chennai Hyundai Venue vs Maruti Suzuki Fronx SpecificationsHyundai Venue Maruti Suzuki FronxEngine998 cc – 1493 cc998 cc – 1198 ccBHP117.74 Bhp98.69 BhpTransmissionManual/AutomaticManual/AutomaticMileage–20.01 – 22.89 kmplFuelDiesel/PetrolPetrol Engine particulars There are three totally different…

Vehicle Scrappage Policy: The Vehicle Scrappage Policy, which was launched in April 2022 by the Government of India, aimed to take away outdated passenger and industrial automobiles to scale back air air pollution and enhance automobile gross sales. However, a current case has highlighted the emotional worth of automobiles for households. The High Court of Delhi has ordered the Transport Department to cease scrapping an outdated Daewoo Matiz hatchback belonging to an outdated girl as a result of it was her “family car.” The Story of Sushma Prasad and her Matiz Car Former authorities employee Sushma Prasad requested the Delhi…

Yamaha RZ350: Yamaha utilized for a trademark for the RZ350, one in all their iconic bikes, and was granted it just a few days later. According to reviews, the Japanese model has additionally trademarked the RZ250 concurrently, indicating its intentions to revive the names of some two-stroke bikes. However, as a consequence of stringent emission norms worldwide, these model names are seemingly for use for brand spanking new and trendy bikes. Reviving Iconic Names for Modern Bikes Yamaha is understood for its high-performance bikes which have made a reputation for themselves within the racing world. The RZ350 was a preferred…

Ferrari RomaSource: FerrariFerrari mentioned on Thursday that its first-quarter revenue jumped 24% to 297 million euros ($328.8 million), on a ten% enhance in shipments as enormous demand for its newest fashions drove a surge in profitability.  “Our order book already extends into 2025,” mentioned CEO Benedetto Vigna in an announcement.associated investing informationFerrari’s income and revenue each solidly beat Wall Street’s estimates, and the corporate maintained its upbeat steering for the complete yr. Shares have been up over 3% in premarket buying and selling following the information.Here are the important thing numbers from Ferrari’s first-quarter earnings report, in contrast with Wall…

Attendees view automobiles on the Jeep sales space throughout opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023.Stephanie Keith | Bloomberg | Getty ImagesCarmaker Stellantis on Wednesday posted a 14% annual rise in first-quarter internet revenues as an easing of semiconductor provide chain pressures boosted shipments.The Dutch-headquartered firm, fashioned in 2021 from the merger of Italian-American conglomerate Fiat Chrysler group and France’s PSA Group, recorded first-quarter internet revenues of 47.2 billion euros ($52 billion).The producer of Jeep, Dodge, Peugeot and different manufacturers stated consolidated shipments elevated 7% from the primary…

Upcoming SUVs in 2023: In the Indian car market proper now, SUV automobiles are in sturdy demand. All the automakers are creating new automobiles on this market sector. In this text, we’ll talk about a few of the upcoming SUVs from a number of very well-known car producers. Also Read: Hyundai Exter Mini SUV to enter the market quickly, doubtless to provide robust competitors Tata Punch, all that you must know Upcoming SUVs in 2023 1. Hyundai Exter Engine1197 ccTransmissionManualFuelPetrol With the choice of a five-speed guide or AMT transmission, the Exter could also be powered by a 1.2-litre naturally…

Kia Seltos: Both domestically and internationally, Kia India autos are in excessive demand. More than 95 nations obtain vehicles from the corporate which are Made in India. In the earlier 4 years, Kia India quickly exported 2 lakh autos, of which 1,35,885 have been Kia Seltos. Along with promoting Seltos in India, the corporate additionally sells Sonet, Carens, Carnival, and the Kia EV6 electrical car. Also Read: Jetson One Flying EV Car: Equipped with parachutes for emergencies, this 86 kg automobile can fly as much as 1500 toes at a pace of 101 kmph, all you will need to know…

Alto K10 CNG: A extremely regarded and well-liked mannequin from the Maruti Suzuki lineup is the Alto K10. There are as much as 7 totally different variations obtainable for this Hatchback. Both a guide and an computerized gearbox can be found for the Maruti Alto K10. At 5500 rpm, the Alto K10’s most energy score is 66.2 PS. Also Read: Skoda Rapid Cabriolet showcased by the model, comes with seat-mounted seatbelts and a touchscreen infotainment system, all it is advisable to know Alto K10 CNG key specs Engine (upto)998 ccBHP55.92TransmissionManualMileage (upto)33.85 km/kgFuelCNG Engine particulars With a 5-speed guide transmission and…