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Hyundai reported sales of 3.94 million cars in 2022, a 1.3% increase from the previous year.

Hyundai has announced its sales figures for 2022, with a 1.3% increase in deliveries to customers worldwide, reaching a total of 3,942,925 units. The South Korean automaker saw particularly strong sales in the last quarter of the year, with 1.04 million cars shipped, an 8.1% YoY increase.

Evgenii Ushakov

Jan. 26, 2023, 12:59 p.m.
Nissan is set to unveil an all-new electric concept vehicle in the coming week

Nissan is set to unveil a new electric concept car, the Max-Out, on February 1 at 8 PM EST (February 2 at 1 AM GMT). The automaker has released a YouTube video teaser of the vehicle, which suggests that the car has been built in the metal since its initial unveiling in November 2021.

Evgenii Ushakov

Jan. 26, 2023, 12:48 p.m.
Tesla reported a 59% increase in its fourth quarter profits and anticipates maintaining strong margins.

Tesla reported record net income for the fourth quarter of 2022, with profits rising 59% from the same period the previous year. The electric vehicle and solar panel manufacturer posted adjusted earnings of $1.19 per share, beating analysts' estimates of $1.13.

Evgenii Ushakov

Jan. 26, 2023, 12:25 p.m.
The Porsche Vision 357 concept pays homage to the automaker's first model range, the 356

Porsche is celebrating its 75th anniversary with a new concept car, the Vision 357. The car, which was developed by the Style Porsche team, is a modern reinterpretation of the company's first model, the 356.

Evgenii Ushakov

Jan. 26, 2023, 12:09 p.m.
Bridgestone and Lamborghini Introduce World's First All-Terrain Run-Flat Tyre for the Hurac?n Sterrato

Bridgestone, the world-renowned tyre manufacturer, has partnered with luxury car maker Lamborghini to create the world's first all-terrain run-flat tyre for the new Hurac?n Sterrato. Bridgestone has been chosen as the exclusive tyre supplier for the Hurac?n Sterrato, providing all-terrain and winter fitments for the super sports car.

Evgenii Ushakov

Jan. 26, 2023, 11:42 a.m.
Acura will begin selling all its electric vehicles exclusively online starting in 2024 with the release of the ZDX

Acura, the luxury vehicle division of Honda, has announced plans to revolutionize its sales strategy in America. Starting with the release of the 2024 ZDX, Acura's first electric vehicle, the brand will sell all of its EVs exclusively online.

Evgenii Ushakov

Jan. 26, 2023, 11:04 a.m.
Toyota to Halt Production at Czech Plant due to Supply Disruptions

Due to the ongoing effects of the Covid-19 pandemic, Toyota has announced that it will be suspending operations at its manufacturing facility in the Czech Republic for the entirety of February. This interruption is attributed to a lack of components required for production.

Evgenii Ushakov

Jan. 25, 2023, 4:37 p.m.
Ineos Automotive Puts Hydrogen-Powered Grenadier on Hold Until Infrastructure Develops

Ineos Automotive won’t rush with the launch of a hydrogen-powered Grenadier. And the reason is not that the company doesn’t have the tech developed.

Evgenii Ushakov

Jan. 25, 2023, 3:33 p.m.
Tesla to Invest $3.5 Billion in Nevada Manufacturing Facility

Tesla is set to make a $3.5 billion investment towards either creating a new manufacturing facility or substantially expanding their current one in Northern Nevada. The development is expected to result in thousands of job opportunities with good wages.

Evgenii Ushakov

Jan. 25, 2023, 2:25 p.m.
Dacia Offers Free Hot Water Bottles as Dig at Subscription-based Automakers

Dacia is taking a lighthearted jab at automakers that offer subscription-based access to features with their new "Heated Seat Saviors" campaign, offering free hot water bottles at select dealerships in the UK.

Evgenii Ushakov

Jan. 25, 2023, 1:56 p.m.
Germany Steps Up Military Support for Ukraine with Leopard 2 Tanks

On Wednesday, Chancellor Olaf Scholz revealed that Germany is taking further steps to bolster Ukraine's military capabilities. The German government has agreed to provide the Ukrainian armed forces with "Leopard 2" main battle tanks - a decision reached after comprehensive negotiations involving key European and international allies.

Maksim Tropko

Jan. 25, 2023, 1:21 p.m.
BMW M3 CS: Limited Production, Starting Price of $119,695

BMW has unveiled the M3 CS – a limited-edition offering of their track-ready sports sedan. This model will be built in limited numbers with a starting price of $119,695 including the destination charge - making it an extra $36,100 when compared to a base M3 Competition xDrive. Production is expected to commence in March 2023.

Evgenii Ushakov

Jan. 25, 2023, 12:53 p.m.
A pair of motors and 402 hp: Lexus has provided more details about the RZ Sport Concept

Lexus has revealed more information about the Lexus RZ Sport Concept, unveiling a powertrain that boasts 402 horsepower. This isn't the first time the design study has been previewed, but it is the first time technical details have been provided.

Evgenii Ushakov

Jan. 24, 2023, 7:37 p.m.
NASA and DARPA to Test Nuclear Engine for Future Mars Missions

NASA and the Defense Advanced Research Projects Agency (DARPA) have announced a collaboration to demonstrate a nuclear thermal rocket engine in space, an enabling capability for NASA crewed missions to Mars.

Evgenii Ushakov

Jan. 24, 2023, 7:23 p.m.
WSJ: Biden Administration Considers Sending M1 Abrams Tanks to Ukraine in Diplomatic Agreement with Germany

The Biden administration is reportedly considering sending a significant number of M1 Abrams tanks to Ukraine, with an official announcement expected to be made in the coming days, The Wall Street Journal reports.

Maksim Tropko

Jan. 24, 2023, 6:48 p.m.
Audi Becomes First Premium Auto Manufacturer to Join Alliance for Water Stewardship, Committing to Sustainable Water Management

Audi, has taken a step towards sustainable water management by becoming a member of the Alliance for Water Stewardship (AWS).

Evgenii Ushakov

Jan. 24, 2023, 6:16 p.m.
Volvo unveils its first electric compactor: DD25 Electric

The double-drum compactor is designed for small-scale compaction projects, including street repairs, patching, parking lots, driveways, municipalities, and rental houses.

Evgenii Ushakov

Jan. 24, 2023, 12:35 p.m.
First Look: 2023 Volkswagen ID.3 Facelift Spied Testing with Minor Updates

Spy shots have emerged of the 2023 Volkswagen ID.3 Facelift, providing a first glimpse of the automaker's updated electric vehicle (EV).

Evgenii Ushakov

Jan. 24, 2023, 11:51 a.m.
Hennessey Unleashes 650 Horsepower Supercharged Upgrade for GM SUVs

H650 upgrade available for 2021 and newer models of the Cadillac Escalade, Chevrolet Suburban, Chevrolet Tahoe, and GMC Yukon, at a cost of $27,950.

Evgenii Ushakov

Jan. 24, 2023, 11:21 a.m.
New Nissan Kicks 327 Edition boasts unique sneaker-inspired wrapping design

Automotive companies often partner with other brands to promote their vehicles, and the latest example of this is Nissan's collaboration with New Balance for its Kicks crossover in Japan.

Evgenii Ushakov

Jan. 24, 2023, 10:54 a.m.

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