Author: News Desk

Ford’s dividend payout faces significant pressure from newly imposed U.S. import tariffs, making a reduction increasingly probable. The company’s 6% dividend yield is supported by a quarterly payout of 15 cents per share, which has remained steady since mid-2022. Ford’s profitability outlook for 2025 is weaker, and investors face growing uncertainty about the stability of future returns. The company’s profitability outlook raises concerns, as it anticipates a decline in free cash flow—a factor that sustains dividend payouts. Last year, Ford distributed $3.1 billion in dividends, backed by a net income of $5.9 billion, an unsustainable balance. Projections for 2025 indicate…

Tesla was forced to discontinue its free trial of the Full Self-Driving feature in China following a policy shift that increased oversight on software updates for advanced driver assistance systems. Last month, Tesla introduced the initial version of its Full Self-Driving (FSD) package in China, exclusively for owners of vehicles equipped with the latest ‘Hardware 4.0’ (HW4). The company offered a free trial of the system via an over-the-air software update this month to encourage purchases. However, Tesla discontinued the program earlier this week. Grace Tao, Tesla’s Vice President for the Chinese market, shared on Weibo that Tesla’s intelligent assisted…

The Mitsubishi 2025 XForce HEV compact SUV, previously anticipated to serve as Australia’s next-generation ASX, has been unveiled in Thailand, marking its addition to the lineup alongside the petrol-only models. The debut showcases it’s hybrid powertrain, with the official launch later this year. Although it’s slated for production in Thailand, the SUV won’t make it to Australian showrooms as the new ASX for Australia will be a rebadged Renault Captur sourced from Europe. The Xforce HEV is equipped with a 1.6-liter four-cylinder petrol-electric hybrid system delivering 85kW of power. It boasts an estimated combined fuel consumption of 4.1L/100km (NEDC) and…

Cadillac is on the brink of a major transformation as General Motors (GM) hints at the possible discontinuation of its gas-powered CT4 and CT5 sedans, paving the way for an electric-focused future. The critical transition reflects evolving market trends and a growing emphasis on electrification within the automotive sector. The Cadillac CT4 and CT5, known for their luxury and performance, faced declining sales in 2024, with drops of 32.1% and 20.1%, respectively. Meanwhile, the electric Cadillac Lyriq surged in popularity, selling over 28,400 units—a more than 200% increase, reflecting the shift towards EVs. As reported by GM Authority, Cadillac is…

Audi has recently revealed it will cease production of its best-selling A1 hatchback and Q2 compact SUV models by 2026, paving the way for a new entry-level electric vehicle. Positioned below the Audi Q4 E-Tron, the EV crossover exemplifies Audi’s dedication to maintaining its premium brand identity. As the automaker’s most affordable electric vehicle, the crossover serves as the EV counterpart of the Audi A3 hatchback and Q3 crossover while also being the smallest electric car in Audi’s portfolio. The move to phase out the A1 and Q2 follows former Audi CEO Markus Duesmann’s 2021 remark that the A1 had…

Volkswagen will unveil its first-ever full-hybrid powertrains across its lineup along with the launch of the second-generation T-Roc at the Munich Motor Show in September, as reported by Autocar. The system integrates an Internal Combustion Engine (ICE) with an electric motor and a battery. The ICE is likely a turbocharged 1.5-liter four-cylinder petrol engine that will power the wheels in conjunction with the electric motor. Additionally, it will serve as a generator to recharge the battery, enabling a limited range of electric-only driving. A range of outputs has been planned, spanning from 201bhp to 268bhp, with peak torque figures between…

Taiwan electronics manufacturer Foxconn is on the verge of securing a partnership with Japan’s Mitsubishi Motors to jointly manufacture electric vehicle models, as reported by Nikkei Asia. If finalized, the agreement would represent a major achievement in the company’s long-term efforts to solidify its position in the EV market by partnering with renowned automaker Mitsubishi as a vital ally.                        Foxconn Chairman Young Liu views the partnership with Mitsubishi as an opportunity to showcase the company’s electric vehicle expertise. He also emphasized the collaboration could open doors to future partnerships…

Toyota is launching its first-ever Toyota Circular Factory (TCF) at the Burnaston plant in Derbyshire. The facility will focus on recycling, repurposing, and remanufacturing vehicle components to enhance environmental sustainability. The Derbyshire facility will commence operations by the third quarter of the year. During its initial phase, the factory will efficiently process 10,000 vehicles annually, recovering essential parts and raw materials. The new plant will function alongside the existing Corolla factory, which Toyota has assured will continue its operations at Burnaston. As stated by the company, Toyota’s recycling initiatives will center on three key areas, including recovering reusable vehicle components…

Audi will debut its latest ‘AUDI’ brand in the Chinese electric vehicle market by next month, featuring a distinctive technology-driven estate. Building on the daring AUDI E concept introduced last year, the upcoming model will be officially revealed at the Shanghai Motor Show on 25 April. It will serve as the flagship for a new series of tailored EVs crafted exclusively for the younger demographic in China. While comparable in size and proportions to the recently launched Audi A5 in Europe, the first AUDI model will incorporate an entirely new 800V architecture. Developed in partnership with SAIC, the model is…

General Motors (GM) is collaborating with the tech giant Nvidia to improve its autonomous driving and manufacturing capabilities by utilizing Nvidia’s advanced AI chips, software, and simulation technologies. Nvidia’s founder and CEO, Jensen Huang, declared the partnership during his keynote speech at the company’s annual GTC conference in San Jose on Tuesday, highlighting its mission to innovate and advance the development of cars, robots, and factories. As The Verge reports, GM plans to integrate multiple Nvidia products into its operations, utilizing the Omniverse 3D graphics platform for simulating virtual assembly lines to minimize downtime and enhance efficiency. GM also intends…