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Audi reports an operating profit of EUR 4.9 billion; anticipates a CapEx ratio of 4-5%9 hrs ago

Skoda Auto Group H1 2022 profit dips 31% to EUR 676 mn3 hrs ago

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For 2023, the CX-5 is available with an all-new Rhodium White exterior premium paint colour, complementing Mazda's Kodo design. As with all of Mazda's SUVs, all 2023 CX-5 models will retain standard i-Activ all-wheel drive in the U.S. when they arrive in dealerships nationwide this fall, the company said.

The new Civic Type R will be available in five striking colours: Historic Championship White – a Type R exclusive finish revered by Honda enthusiasts, Rallye Red, Boost Blue, CrystalBlack Pearl and Sonic Grey Pearl.

Ford plans to invest over USD 50 billion in EVs through 2026, targeting total company adjusted EBIT margins of 10% and 8% EBIT margins for EVs by 2026.

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The company will stop producing Jazz after October 2022 while the crossover WR-V will not be produced beyond March 2023. The carmaker will also stop the production and sale of the 4th Generation Honda City by December 2022 in the country. However, the 5th generation of the sedan will continue to be available in the market, a source in the know of things told ETAuto.

After facing a tough stance on its India entry and hanging on the edge for over two years, Chinese SUV maker Great Wall Motors (GWM) has finally called it quits by firing 11 Indian employees from its organisation. The company had initially proposed an investment of USD 1 billion (INR7000 crore) and had plans to start manufacturing in 2021.

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