Analyst Insights on Tesla’s Growth Potential In a significant move for investors, Canaccord Genuity analyst George Gianarikas has raised his price target for Tesla (NASDAQ: TSLA) from $482 to $551, while maintaining a ‘Buy’ rating. This adjustment reflects Gianarikas’s confidence in Tesla’s long-term growth outlook driven by advancements in autonomy and robotics, despite a revision […]

On December 23, BYD announced a groundbreaking collaboration with Mobil, introducing the first engine oil series specifically engineered for plug-in hybrid electric vehicles (PHEVs) equipped with its innovative DM-i (Dual Mode intelligent) hybrid system. This launch marks a significant advancement in addressing the unique lubrication needs of PHEVs, which operate under conditions quite different from […]

Volvo has officially announced the discontinuation of the V60 Cross Country in the U.S. market, effective April 2026. This decision signifies the end of the iconic station wagon era for the brand in America, as the V60 Cross Country is the last wagon available in the country. With final customer orders closing in late January […]

Expansion in Key Urban Market Mercedes-Benz continues to solidify its presence in India’s luxury automotive sector with the opening of a new Auto Hanger showroom in Kandivali and a state-of-the-art service centre in Charkop. This strategic expansion targets Mumbai’s affluent western suburbs, enhancing accessibility for residents in Borivali, Malad, and Andheri. Showroom Innovations Located on […]

Major Transaction Announcement ZF Group, the esteemed German automotive supplier, has officially announced the sale of its Advanced Driver Assistance Systems (ADAS) unit to Harman International, a prominent player in automotive electronics. The deal is valued at €1.5 billion and will see approximately 3,750 employees transition to Harman upon completion, anticipated in the second half […]

Shifting Gears with New Leadership Stellantis dealers are feeling a renewed sense of optimism heading into 2026, buoyed by the leadership of CEO Anthony Filosa. Following a challenging period marked by declining sales and dealer dissatisfaction, Filosa has made significant strides in reversing the trajectory of the automaker. His focus on diverse powertrains and increased […]

Volvo is closing the chapter on a significant part of its American heritage as the V60 Cross Country faces retirement. With an overwhelming shift in consumer preference toward SUVs, this once-iconic brand is set to become entirely SUV-focused in the U.S. market. The Final Countdown for the V60 Cross Country Order books for the V60 […]

The Acquisition Announcement Harman International, a subsidiary of Samsung Electronics, has made waves in the automotive industry by agreeing to acquire ZF Group’s Advanced Driver Assistance Systems (ADAS) business for a staggering €1.5 billion. This strategic acquisition is set to close in the latter half of 2026, contingent upon regulatory approvals. The acquisition encompasses a […]

Chinese tech giant Baidu is gearing up to launch its Apollo Go robotaxi service in London, leveraging partnerships with major ride-hailing platforms Uber and Lyft. This ambitious expansion is set for 2026, pending necessary regulatory approvals, marking a significant milestone in the evolution of autonomous transportation in the UK. Partnership Dynamics The integration of Baidu’s […]

Polestar, the Swedish electric vehicle manufacturer, is undergoing a significant restructuring as it grapples with mounting financial pressures. The company has announced the closure of its final research and development facility in the United Kingdom, a move that coincides with a substantial $600 million loan from its parent company, Geely. This dual action highlights both […]