New Cars

car&bike Team

Nov 8, 2018, 10:20 PM

Elon Musk Replaced As Tesla's Chairman By Robyn Denholm

Tesla has announced to have appointed an new chairperson- Robyn Denholm who will replace Tesla's long existing current chairman, Elon Musk. The change in position comes after Musk recently being sued by the SEC for his infamous tweets over Tesla's going private for which both Musk and Tesla had to pay a penalty of $20 million. After the matter came into light, Musk was asked by the board to step down from his current position in the company. Earlier, in a series of tweets Musk has mentioned about taking Tesla private at $ 420 per share and he even claimed to have secured some funding.

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  car&bike Team | Nov 6, 2018

  2019 Porsche 911 Completes Final Endurance Testing

  The eight-generation Porsche 911 will be launched in Europe in early 2019 and the German carmaker has shared the pictures it took during the testing. The prototypes of the 2019 Porsche 911 have been tested in different climate zones with temperature difference being up to 85-degree Celsius. The prototypes have been tested for endurance in lengthy traffic jams across various cities and on the race tracks too.

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  car&bike Team | Nov 5, 2018

  Skoda Kodiaq Laurin & Klement Launched In India, Priced At Rs. 35.99 Lakh

  Skoda India today announced the launch of the top-of-the-line Laurin & Klement variant of the Kodiaq, at an introductory price of Rs. 35.99 Lakh (ex-showroom, India). The car was launched in the European markets in July this year, and now, Skoda has finally launched it in India as well.

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  car&bike Team | Nov 5, 2018

  KIA Custom-Built Stinger GT Unveiled AT 2018 LA Auto Show

  The DUB Stinger GT was displayed along with the DUB Kia K900, Forte GT and Forte Drift Car. KIA has partnered with DUB to build the custom Stinger and K900 and has targeted new-age musicians and athletes as the primary customers. DUB is one of the most sought after aftermarket outfitters in the US which has specialized in custom-made wheels.

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  car&bike Team | Nov 5, 2018

  Toyota Camry TRD To Be Showcased At The LA Auto Show

  Toyota will be showcasing two new performance-oriented TRD models at the upcoming Los Angeles Auto Show. Based on the teaser released by the company, the models will the new Toyota Camry TRD and the Avalon TRD.

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  car&bike Team | Nov 5, 2018

  All-New Mercedes-Benz CLS India Launch Details Revealed

  The new CLS is now in its third generation and gets an all new body style and the new Mercedes-Ben design language that also features on the likes of the A-Class, new GLE SUV and the AMG GT 4-Door too. The new CLS will be available in India with most likely both a petrol and diesel engine and will eventually also get an AMG version for India like has been the case in the past. Interestingly, even though the CLS accounts for a very small sales volume, all three generations of the car have been sold in India and have been popular with niche buyers.

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  car&bike Team | Nov 5, 2018

  New Mahindra Seven Seater SUV Called 'Alturas G4'

  Mahindra Alturas G4 will be the official name of the UV maker's upcoming full-size SUV, codenamed Y400. Essentially a Mahindra branded version of the SsangYong G4 Rexton, sources in the know have confirmed that the SUV will be called Alturas G4 in India.

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  car&bike Team | Nov 5, 2018

  Ford India Turns Profitable After Nine Years

  Ford Motor's India business has finally posted a profit for the first time in a decade in the fiscal year 2018. The American carmaker's India business has posted a profit of Rs. 526 crore in FY18 against the loss of Rs. 521 crore in the previous year, the company has reported to the Ministry of Corporate Affairs. Ford India has taken cost reduction measures and has improved its capacity utilization after it made India an export base.

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  car&bike Team | Nov 5, 2018

  Tata Motors May Sell Its Design Division To TCS

  The Indian carmaker is in-talks with the Tata Consultancy Service (TCS) to sell its automobile and aerospace design unit after they couldn't seal the deal with Warburg Pincus early this year. Tata Motors was to gain Rs. 2300 crore from Warburg in return of 43 per cent stake in the design unit, Tata Technology (Tata Tech). The company is ready to give away the design unit citing a fragile business case as the reason and Tata Motors has held its investments in the unit for the time being.

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