Toyota’s Record Profits Driven by Hybrid Demand and Weak Yen: Toyota, the Japanese automotive giant, has announced unprecedented profit and sales figures, attributing its success to the combination of a weak yen and soaring demand for hybrid vehicles. In the fiscal year ending in March, Toyota achieved a net profit of 4.94 trillion yen ($31.9…
In a groundbreaking development, the retail volume of Chinese domestic new energy vehicles (NEVs) soared past 260,000 units in the first half of April. This remarkable surge marks a substantial 32% year-on-year increase, as reported by the China Passenger Car Association (CPCA). More significantly, it signifies a historic moment as NEVs outpaced conventional fuel vehicles…
Lamborghini Reveals their New Logo After 20 Years After more than two decades, Automobili Lamborghini has undergone a significant transformation in its logo design. This change is driven by the company’s desire to reflect its core values of bravery, surprise, and authenticity, encapsulated in the motto “Driving Humans Beyond.” Direzione Cor Tauri: A Vision for…
Hyundai’s Genesis reveals all-electric SUV concept, the Neolun Hyundai’s luxury brand, Genesis, is setting the stage for its future trajectory with the introduction of the Neolun, a groundbreaking all-electric concept SUV, at the New York International Auto Show. The Neolun boasts a bold exterior characterized by elongated horizontal headlights and taillights, reminiscent of Genesis’ current…
Genesis announces high-performance ‘Magma’ GV60 and G80 In a continuation of its New York reveals, Genesis has announced an ambitious venture into the realm of performance vehicles. Dubbed the “Magma” cars, this lineup draws inspiration from the striking orange hue that adorned the GV80 Coupe Concept showcased at last year’s New York Auto Show. This…
Aston Martin names Bentley chief Adrian Hallmark as new CEO Aston Martin Lagonda, renowned for its British luxury automobiles, has appointed Adrian Hallmark, a seasoned automotive leader from Bentley, as its new chief executive officer. This transition signals a significant shift in the company’s leadership, as Hallmark steps into his role no later than October…
Bentley delays all-EV plan amid changing market conditions, vehicle development challenges Bentley Motors, known for its luxury vehicles, has decided to shift its strategy regarding the transition to all-electric vehicles (EVs) due to evolving market conditions and a delay in the release of its first EV model. Delay in All-Electric Vehicle Plans Initially, Bentley aimed…
2025 Nissan GT-R Debuts In Japan Despite receiving styling updates for its 2024 iteration, the Nissan GT-R, fondly nicknamed Godzilla, finds itself amidst speculation regarding its future trajectory. However, enthusiasts can breathe a sigh of relief as Nissan confirms the production of the 2025 model year for its flagship sports coupe, albeit currently confirmed only…
KIA EV9 Wins 2024 Best Women’s Car of the Year Award The KIA EV9 secures the prestigious title of the supreme winner car for 2024, a remarkable achievement honored by the Women’s World Car of the Year (WWCOTY). This accolade is a testament to its excellence, as judged by a distinguished panel of 75 women…
Toyota Pakistan Shuts Down Production Plant for 6 Days Indus Motor Company Limited, renowned for its production of Toyota and Daihatsu automobiles in Pakistan, has recently apprised its investors of an imminent temporary shutdown at its manufacturing facility. The rationale behind this decisive action encompasses a confluence of circumstances, notably comprising a shortage of vehicles…
