Day: May 4, 2023

BMW Q1 earnings: Higher margins for car business

BERLIN — BMW AG reported a higher earnings margin for its cars segment, with a rise to 12.1 percent in the first quarter from 8.9 percent a year earlier. BMW benefited from continued

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Kyrgios breaks silence over Tesla theft

Tennis star Nick Kyrgios has spoken out after his $191,000 bright green Tesla was stolen from his mother at gunpoint on Monday morning. Tennis star Nick Kyrgios has used his phone to slow

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Ford loses big in electric vehicle race with massive deficit for Model e

Legacy car giant Ford has revealed massive first quarter losses for its newly formed electric vehicle business – which it dubs “Ford Model e”. The division’s first quarter losses – from the sale

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Cupra looking to almost double dealer footprint by end of 2023

Cupra Australia isn’t just continuing to expand its model offerings, it’s also looking to expand its physical dealer footprint too – with “around 15” sites set to be operational before year’s end. Speaking

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Australia electric vehicles sales – from best to worst

Australia is experiencing a big surge in electric vehicle demand, with the share of EVs in the new car market reaching a record eight per cent in the month of April. Tesla continues

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Honda S2000 – The story of Honda’s masterclass in engineering

The allure of the Honda S2000 is a peculiar one. To speak personally, it’s always been one of deep respect, if anything, falling somewhere short of outright fandom. As someone who grew up

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Toyota Tundra closer to Australian showrooms, vetting process for first 300 customers coming soon

Toyota Australia is drafting the vetting process to determine how it will select the first 300 customers to put the Tundra through its paces ahead of showroom arrivals next year. View 10 images The

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Car Insurance Rates Are Going Up Again – The Wall Street Journal

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Massachusetts Man Sentenced in Luxury Car Insurance Fraud Scheme

New You can now listen to Insurance Journal articles! A Holbrook, Massachusetts man has been found guilty and sentenced to two and a half years in the Norfolk House of Correction for damaging

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April sales up 2.3% but still below pre-pandemic levels

New light-vehicle sales in April were up 2.3 per cent compared with the same period last year, but still below pre-pandemic levels, at an estimated 144,069 units compared with 180,616 in April 2019, according

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