Toyota-Suzuki Motown's new tango | WeForNews | Latest News, Blogs Toyota-Suzuki Motown’s new tango – WeForNews | Latest News, Blogs
Connect with us

Auto

Toyota-Suzuki Motown’s new tango

Published

on

Toyota Motor Corporation and Suzuki Motor Corporation

New Delhi, Aug 28 (IANS) Japanese motown giants have decided on a formal tango. Toyota Motor Corporation and Suzuki Motor Corporation, the parent of Maruti Suzuki, will take small equity stakes in each other, strengthening their existing alliance to develop newer technologies.

Japan’s biggest automaker will acquire 4.94% of Suzuki shares for about $907 million, while Suzuki will get a 0.2% stake valued at about $454 million in Toyota.

The move builds on ties established two years ago between the two car makers and is aimed at expanding their collaboration to keep up with electric and self-driving cars, as well as growing demand for on-demand rides and new businesses that are reinventing how people get from A to B. For Toyota, the deal adds yet another automaker to the company’s expanding portfolio of partnerships, which includes Mazda Motor Corp. and Subaru Corp.

Auto

Tesla stops offering its seven-day return policy: Report

Tesla and CEO Elon Musk frequently used the offer as a marketing tool.

Published

on

By

Tesla CEO Elon Musk

San Francisco, Oct 18 : Electric-car maker Tesla has reportedly cancelled its seven-calendar-day, no-questions-asked, full-refund return policy.

Over the last few years, Tesla has updated its return policy to enable buyers to return their vehicles within 7 days of taking delivery with no questions asked.

However, now the support page for the policy now redirects to Tesla’s general support page without any replacement policy.

According to Electrek, new buyers wishing to return a Tesla vehicle will now have to go through the customer service department, and it’s unclear what types of situations may warrant a full or even partial refund after purchase.

Under the old policy, owners of new cars could return their vehicles as long as the cars showed no damage and had fewer than 1,000 miles on the odometer.

Tesla and CEO Elon Musk frequently used the offer as a marketing tool.

“This return policy is intended to give you confidence in your purchase of a Tesla vehicle, and so is in addition to any other rights you may have under applicable law,” the company said in the support page it took offline.

Recently, Tesla dissolved its PR department – technically becoming the first automaker that does not talk to the press.

Continue Reading

Auto

Tesla plans cheaper $25,000 electric car within 3 years: Elon Musk

Musk also announced that as well as purchasing batteries from Panasonic and LG Chem.

Published

on

Tesla CEO Elon Musk

San Francisco, Sep 23 : Elon Musk has said that Tesla plans to produce an electric car with a price tag of $25,000 within the next three years.

The aim, said Musk on Battery Day on Tuesday, is to make Tesla electric cars more affordable for the masses.

“That will basically be on-par or slightly better than a comparable gasoline car. This has always been our dream to make an affordable electric car,” he said during the virtual presentation.

The cheapest Tesla Model 3 that made its debut in February 2019 currently costs $35,000. it offers a 350-km range, a top speed of 210 km per hour and acceleration from 0-100 km per hour in 5.6 seconds.

“Tesla says has only been made possible by shifting sales to an online-only platform and by winding down physical outlets,” reports ZDNet.

Tesla is known for the Model Y, Model S, Model X, and Model 3 product lines.

“For a lot of people, they want to buy a Tesla, but they simply don’t have the money. We could make the car infinitely desirable, but if someone does not have the money, they won’t buy it,” Musk said.

The Tesla CEO also announced the development of a new battery cell and a reduction in cell cost per kilowatt-hour.

The main announcement was Tesla’s new larger cylindrical cells. It was claimed the new batteries will provide five times more energy, six times more power and 16 per cent greater driving range.

“But the technology announced is likely to take years to implement. Tesla’s approach includes integrating the battery so that it forms part of the structure of the vehicle, thereby reducing the effective weight of the battery,” reports the BBC.

Musk also announced that as well as purchasing batteries from Panasonic and LG Chem.

Continue Reading

Auto

BS-IV vehicles needed for public utility services & purchased up to March 31 be registered: SC

The issue of pollution from vehicles had cropped up before the apex court which is hearing a matter related to air pollution in the Delhi-national capital region (NCR).

Published

on

By

Toyota car sales Down

New Delhi, Sep 18 : The Supreme Court Friday said BS-IV vehicles, which were purchased on or before March 31 this year and are necessary for municipal corporation in Delhi to carry out essential public utility services, should be registered.

The apex court had in October 2018 said that no BS-IV compliant vehicle would be sold or registered in India from April 1, 2020.

In 2016, the Centre had also announced that India would skip the BS-V norms and adopt BS-VI by 2020.

BS emission norms are standards instituted by the government to regulate output of air pollutants from motor vehicles.

The matter came up for hearing before a bench headed by Chief Justice S A Bobde which dealt with applications related to registration of three types of vehicles — CNG , BS-IV and BS-VI compliant — for being used for essential public utility services.

“Insofar as CNG vehicles are concerned, there cannot be any valid rejection to the vehicles, as the emission from these vehicles is within the limits. Therefore, we direct that these vehicles may be registered,” said the bench, also comprising Justices A S Bopanna and V Ramasubramanian.

It noted that BS-VI norms came into force on April 1, 2020 and vehicles purchased up to March 31 this year were BS-IV compliant.

“Admittedly the emission from BS-VI compliant vehicles is within the norms and hence the vehicles purchased on or after April 1, 2020 and which are BS-VI compliant, should also liable to be registered,” it said.

The top court noted in its order that BS-IV compliant vehicles purchased up to March 31 this year must have been registered with the E-Vahan portal of the government before the cut-off date to establish the date of purchase.

“If the purchase had been made on or before March 31, 2020 and these vehicles are BS-IV compliant, such vehicles necessary for the municipal corporation to carry essential public utility services should also be registered. But such cases shall be scrutinized by the Environment Pollution Control Authority (EPCA),” the bench said.

The bench said to avoid repeated applications being filed before the court just for the purpose of getting registration, “we direct that the EPCA shall scrutiny the pending cases and submit a report to this court so that a common order could be passed without the necessity for several interlocutory applications.”

The issue of pollution from vehicles had cropped up before the apex court which is hearing a matter related to air pollution in the Delhi-national capital region (NCR).

Continue Reading
Advertisement

Most Popular

Corona Virus (COVID-19) Live Data

COVID-19 affects different people in different ways. Most infected people will develop mild to moderate illness and recover without hospitalization.