Tag Archives: rush

BMW Boss Defends Decision To Stick With Combustion Engines

Many automakers are in a rush to announce the tip of combustion engines, however BMW is not in such a rush. During a presentation on the Rhine-Main Business Initiative in Frankfurt, CEO Oliver Zipse defended the corporate’s resolution to stay with “old-school” engines.

German newspaper Frankfurter Allgemeine Zeitung (FAZ) quotes BMW’s head honcho saying the posh model does not “want to write off the combustion engine.” The 59-year-old govt defined that refusing to set an expiration date for the ICE does not mirror the model’s lack of initiative: “Openness to technology is not a backlog of decisions.”

2024 BMW M3 CS

He went on to say that it is flawed to “talk down products that are still on offer” and touched with regards to artificial fuels. Because there are multiple billion vehicles on the earth, Zipse argues that the significance of present gasoline autos is underestimated. According to automotive business analysis agency Hedges & Company, there are roughly 1.4 billion vehicles scattered across the globe.

Replacing every present ICE with an EV in a brief timeframe is not possible, and manufacturing a brand new electrical automobile is not eco-friendly both. Consequently, the CEO believes “e-fuels are also important” to maintain present vehicles operating with out harming the setting. Toyota, BMW’s accomplice in growing hydrogen tech, thinks it may possibly save the ICE by making it run on hydrogen.

2024 BMW M3 CS

The high brass at BMW argued that if gross sales of recent vehicles with combustion engines can be banned, many individuals are simply going to maintain their present ICE autos for longer. Why? Because electrical autos are nonetheless dearer than their gasoline/diesel counterparts, and there are many individuals around the globe who cannot pay the premium. In addition, numerous firm officers have beforehand stated the charging infrastructure is just not able to assist an inflow of EVs in all elements of the world.

That’s to not say BMW is favoring combustion engines over EVs. This 12 months, the corporate has set an goal for zero-emission autos to account for 15 p.c of complete deliveries. By the tip of the last decade, the Munich-based marque tasks one in two vehicles it can promote is not going to have an ICE.

BMW’s important rivals have set loftier objectives. Mercedes believes it may possibly go purely electrical as early as 2030 “where market conditions allow.” From 2026, Audi is just going to launch EVs and can finish manufacturing of ICE vehicles in 2032. Jaguar will go electric-only a lot sooner, from 2025. Volvo goes to desert combustion engines in 2030 when the BMW Group’s MINI and Rolls-Royce will do the identical.

Maruti, Hyundai, & Tata Continue To Be The Best Selling Car Brands In November 2023

All carmakers skilled a decline in month-to-month gross sales following the push from the festive shopping for interval of October

Maruti, Hyundai and Tata logo

The brand-wise automobile gross sales figures for November 2023 are out, and though nothing has modified when it comes to the highest performing manufacturers and their positions, the figures paint an image of the market publish October festivities. Maruti Suzuki led the chart, adopted by Hyundai and Tata respectively. Each of the highest 10 promoting automobile manufacturers of the earlier month have skilled a month-on-month (MoM) loss in demand, whereas Kia, Skoda, and Volkswagen have additionally encountered a drop in year-on-year (YoY) gross sales. Let’s take a more in-depth have a look at the brand-wise gross sales report for the highest 10 best-selling automobile manufacturers for November 2023.

 

Brands

November 2023

October 2023

MoM Growth (%)

November 2022

YoY Growth (%)

Maruti Suzuki

1,34,158

1,68,047

-20.2%

1,32,395

1.3%

Hyundai

49,451

55,128

-10.3%

48,002

3%

Tata

46,070

48,343

-4.7%

46,040

0.1%

Mahindra

39,981

43,708

-8.5%

30,233

32.2%

Kia

22,762

24,351

-6.5%

24,025

-5.3%

Toyota

16,924

20,542

-17.6%

11,765

43.9%

Honda

8,730

9,400

-7.1%

7,051

23.8%

MG

4,154

5,108

-18.7%

4,079

1.8%

Skoda

3,783

4,566

-17.1%

4,433

-14.7%

Volkswagen

3,095

4,089

-24.3%

3,570

-13.3%

Key Takeaways

Maruti Fronx

  • Maruti Suzuki witnessed a major drop in MoM gross sales of 20 %, however continues to be comfortably the best-selling automobile model in November 2023, with unit gross sales of greater than 1,34,000 models.

  • Hyundai hangs onto second spot within the month-to-month gross sales chart by retailing greater than 49,000 vehicles in November 2023, although it too skilled a drop in MoM efficiency at a drop of 10 %.

Also Check Out: Shah Rukh Khan Takes Home The Hyundai Ioniq 5, His First EV

Tata Safari

  • With over 46,000 models bought in November, Tata retained the third spot within the gross sales desk. Of all of the remaining automobile manufacturers, Tata’s efficiency was  probably the most constant in each MoM and YoY gross sales, with the bottom MoM lack of practically 5 %.

  • Mahindra firmly retains the fourth place in November 2023 by promoting practically 40,000 models. Although Mahindra’s MoM gross sales declined by 8.5 %, its YoY gross sales went up by over 32 %.

Kia Seltos

  • Kia was the fifth best-selling automobile model in India in November 2023, having bought greater than 22,700 models. Although Kia skilled a decline in each MoM and YoY gross sales, it’s anticipated to regain market share with the launch of the Kia Sonet facelift in early 2024.

  • Toyota bought practically 17,000 models final month and recorded the very best YoY progress of round 44 % in November 2023. However, its MoM gross sales went down by over 3,600 models, a decline of over 17 %.

Also Check Out: All The Advantages And Disadvantages Of Buying A New Car At The End Of A Calendar Year

Honda Elevate

  • Even Honda skilled a drop in MoM gross sales of seven %. The Japanese carmaker retailed greater than 8,700 models in November 2023, recording constructive YoY progress of practically 24 %. 

  • MG secured the eighth place on the month-to-month gross sales chart by promoting over 4,000 models in November. Despite a loss in MoM gross sales, the model maintained a constant YoY demand. 

  • Skoda and Volkswagen are on the backside of this checklist, falling wanting the  4,000 models gross sales mark. Both manufacturers have skilled losses in each MoM and YoY gross sales. Volkswagen recorded the very best lack of 24.3 % in month-to-month gross sales.

650-HP Porsche 911 Turbo S Takes on Tesla Model X Plaid in Drag Race

Porsche is gradually moving towards electrification in its future lineup. However, the iconic 911 model still relies on a powerful combustion engine. A recent drag race video demonstrates that the combustion engine is still holding its own against electric competitors, as the Porsche 911 Turbo S goes head-to-head with the mighty Tesla Model X Plaid.

The Porsche 911 Turbo S is equipped with a twin-turbocharged 3.8-liter flat-six engine, generating an impressive 650 horsepower and 590 pound-feet (850 Newton-meters) of torque. This engine propels the coupe, weighing 3,637 pounds (1,650 kilograms), with the help of an eight-speed dual-clutch automatic gearbox that distributes power to all four wheels.