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Booking Holdings invests US$500M in DiDi Chuxing; DiDi partners with Continental

Green Car Congress

China-based Didi Chuxing, the world’s leading one-stop mobile transportation platform, and Booking Holdings, a global leader in online accommodations and travel e-commerce, have entered into a strategic partnership. Booking Holdings has invested US$500 million in DiDi, recognizing DiDi as a leader in the mobile transportation industry.

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Volkswagen starts update program for ID.4 software in US, with performance improvements and new features

Green Car Congress

4 is Auto Hold. Once drivers bring the vehicle to a complete stop, they can release the brake pedal and Auto Hold secures the vehicle from rolling away until the accelerator pedal is engaged. The software upgrade adds a charge routing feature to the native navigation system on ID.4,

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STMicro sees Q1 sales well below estimates as auto chip demand softens – ET Auto

Baua Electric

“In Q4, our customer order bookings decreased compared to Q3. We continued to see stable end-demand in Automotive, no significant increase in Personal Electronics, and further deterioration in Industrial,” CEO Jean-Marc Chery said. The company posted fourth-quarter net revenue of USD 4.28 billion in an LSEG poll.

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Ola, Uber roll out subscription-based plans for auto drivers – ET Auto

Baua Electric

Over the last few weeks, Ola has rolled out the subscription model for its auto-rickshaw drivers in some top markets including Delhi-NCR, Mumbai, Bengaluru and Hyderabad, while Uber has launched the same in six cities starting with Chennai, Kochi and Visakhapatnam, a person aware of the matter said.

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Tata Motors launches $10,000 electric hatch; deliveries of Tiago.ev start in January

Green Car Congress

Bookings for the Tiago.ev Customers can reserve their car by paying a booking amount of INR 21,000 (US$254), at any authorized Tata Motors dealership or on the website. We are confident that this move will help more and more customers embrace EVs as their preferred mode for personal mobility. will start on 10 October 2022.

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2023 Detroit Auto Show Recap – Where Have All the Cars Gone?

The Truth About Cars

The press day at the 2023 Detroit Auto Show was so quiet that I ended my day two states away – sleeping in my own bed in Chicago. My initial hotel reservation was for two nights, but as early as last week I knew I’d be booking it west on I-94 after lunchtime. I believe as long as people can buy cars, they will pay to attend auto shows.

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Teslas are worth longer term auto loans, study finds

Teslarati

Car buyers who ultimately end up purchasing Tesla electric vehicles end up having the longest average auto term loans, a new study from LendingTree says. LendingTree surveyed over 29,000 auto loans spanning over three years to conclude that Tesla drivers are applying and receiving the longest term loans. months, Kia at 64.8

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