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Tata Group-owned Jaguar Land Rover's CEO Adrian Mardell to step down, successor to be announced soon
Tata Group-owned Jaguar Land Rover's CEO Adrian Mardell to step down, successor to be announced soon

Mint

time16 hours ago

  • Automotive
  • Mint

Tata Group-owned Jaguar Land Rover's CEO Adrian Mardell to step down, successor to be announced soon

Jaguar Land Rover Chief Executive Officer Adrian Mardell is leaving the maker of luxury sport utility vehicles, as it grapples with higher US tariffs and a controversial makeover of the Jaguar brand. 'Adrian Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company,' a spokesperson said in a statement. 'His successor will be announced in due course.' The company, owned by India's Tata Motors Ltd., was among a number of carmakers to withhold profit guidance at the height of the US tariff uncertainty. JLR, which makes the Range Rover and Land Rover SUVs, does not have any US factories. A video last year teasing Jaguar's revamp as an electric-only brand received intense criticism. Jaguar isn't making any cars until the new lineup is ready. The CEO role has also recently changed hands at several other European carmakers, including Renault SA, Stellantis NV and Volvo Car AB. Jaguar Land Rover joined a growing list of carmakers holding back from providing profit guidance, as US President Donald Trump's higher tariffs continue to wreak havoc on the industry. The British maker of luxury sport utility vehicles 'continues to evaluate the impact of global challenges' and will provide an update at its investor day on June 16, it said in a statement accompanying its annual results. The company normally provides a profit outlook for its new financial year at this stage. Like other automakers, JLR, owned by India's Tata Motors Ltd., is grappling with the financial impact of Trump's tariff chaos. Earlier Tuesday, Nissan Motor Co. also decided against giving a projection, following similar moves by European car companies such as Mercedes-Benz Group AG and Stellantis NV. JLR, which does not have any US factories, had paused shipments to the country in April after Trump's first tariff announcements, before resuming exports this month. Despite the UK striking a deal last week with the US to allow 100,000 British vehicles to be imported into the country at a 10% duty, that's still higher than the 2.5% rate that existed before Trump's initial announcements. JLR's Defender model is made in Slovakia and still subject to the higher 25% import duty. JLR will look at ways to mitigate the impact of higher tariffs, Chief Executive Officer Adrian Mardell said on a call with reporters. Mardell declined to say whether price rises were among those measures. 'We'll wait and see, and reflect before we act,' he said. It remains unclear when the lower UK rate will come into effect, the CEO said. Higher tariffs will have some implication on demand, though premium cars are expected to weather higher levies better, Tata Motors' Chief Financial Officer PB Balaji said on a call. JLR, which accounts for around two-thirds of its Indian parent's sales, will look to other regions, including the UK and newer markets, to mitigate tariff impact. 'We are very clear we will do everything in our hands to drive growth,' Balaji said. JLR will need to keep a close eye on cash and costs, Balaji said. While JLR declined to provide guidance for this financial year, Tata Motors reported profit that beat expectations last quarter. Net income fell 51% — slightly less than expected — to 84.7 billion rupees ($992 million) in the fiscal fourth quarter ended March 31. Revenue matched expectations at 1.2 trillion rupees. Tata Motors also announced a dividend of 6 rupees per share. Profit was boosted by higher volumes at JLR, with the British unit posting a 32% increase in pretax profit to £875 million ($1.2 billion). Still, JLR's revenue decreased 2.5% to £7.7 billion. Tata's passenger vehicle segment revenue fell 13% and its commercial vehicles sales declined 0.5%. JLR will also benefit from lower tariffs in India. In another landmark trade deal, the South Asian nation will lower duties on cars made in the UK, including hybrids and EVs, to as low as 10% from a prevailing tariff of up to 110% over a period of time. More stories like this are available on

Toyota Won't Like Kia's Parent-Friendly Features
Toyota Won't Like Kia's Parent-Friendly Features

Auto Blog

timea day ago

  • Automotive
  • Auto Blog

Toyota Won't Like Kia's Parent-Friendly Features

I've said it before, but minivans are finally making their well-deserved comeback. By the late 1990s or early 2000s, Mazda, Nissan, Ford, Chevrolet, and GMC all had minivans — and they sold like hotcakes. Then, 3-row SUVs came in and swept minivans off the stage, and by the 2010s, minivans were a dying breed. In 2025, there are only four true minivans left: the Kia Carnival, Toyota Sienna, Honda Odyssey, and the Chrysler Pacifica. The Kia and Toyota can be bought as mild hybrids, and the Pacifica is the only minivan with a PHEV powertrain–the Honda is sticking to its roots and can only be bought with a 3.5-liter V6 and front-wheel drive. The Toyota has the highest maximum price, and the Kia is the most economical choice, regardless of powertrain and trim level. After testing the Kia and the Toyota, I preferred the Kia Carnival hybrid over all of them, especially the Toyota Sienna, which all of my mom friends ranted and raved about every time I mentioned that I was reviewing one. I get why people like them, but I had a hard time justifying the nearly $70,000 price tag for the AWD hybrid Platinum model versus $52,000 for the top-tier Carnival hybrid. Plus, after putting my two kids in both, I found the Kia to be the most family-friendly option. Granted, I haven't tested the Pacifica or the Honda yet, but it might be interesting to compare the most expensive option with the least expensive option from a family perspective. First and foremost, Kia's Passenger View feature was an instant favorite One of the first things moms tell me about the Sienna is that it's 'so safe' and 'super reliable.' Neither statement is false, and I noticed immediately how comfortable the ride was and how many miles per gallon I was averaging (well over 33 mpg, with AWD). Aside from the built-in vacuum (only standard in the most expensive Platinum trim, while it can be added to the Limited trim) and the beverage cooler (same rules as the vacuum), I was a little stunned by the lack of parent-centric features. I don't mean the usual minivan features, of course, like the sliding doors, auto-opening doors when the key fob is detected, opening the doors with the key fob, or the cabin connect. I'm talking about features that make the Sienna stand out from the competition. Source: Kristen Brown The Kia Carnival, however, immediately won me over with the Passenger View feature. From the home screen, I can select Passenger View, which is a wide-angle camera that faces the third and second row and puts the image on the center screen. Even though it's the least expensive of the four minivans left on the market, the camera's quality was excellent. It wasn't blurry, the feedback isn't choppy or delayed, and it switches to infrared when the light is low. I loved how easy it was to be able to switch on the cameras to check on my toddlers, who are both front-facing, so I can't use their little baby mirrors on the back of the seat and check on them easily in the rear-view. Passenger View is standard on the EX, SX, and SX Prestige trims, while the Toyota Sienna doesn't offer a passenger camera at all, even as an add-on. The Carnival has more cargo space, making more room for more things One of the other things I noticed was how much bigger the Carnival felt on the inside compared to the Sienna. The Sienna felt and looked a lot bigger on the outside, but the interior layout in the Carnival is better utilized, in my opinion. Numerically, the Kia has more cargo space behind the third row (40.2 cubic feet vs. 33.5 cubic feet), and when it's not (86.9 cubic feet vs. 75.2 cubic feet), the middle seat can be folded to be an elbow rest or removed completely to increase floor space. Source: Kristen Brown The Sienna's middle seat can't be removed, but it can be folded into the floor. Both offer tilt and slide seats so the third row can be accessed even with a car seat secured to it, but the Sienna's built-in fridge and vacuum (which has a very limited reach) take up so much floor space that it was more difficult to get into the third row than it was in the Kia. The Carnival's third row was more comfortable and accommodating Most people buy minivans for the third row's space and comfort, and the Carnival's third row was exceptionally more kid-friendly than the Sienna's. The first thing I noticed was the second large panoramic sunroof that was specific to the rear passengers. From the third row, visibility was incredibly limited in the Sienna, with dinky windows closer to the roof than eye-level. In the Kia, the third row passengers had windows large enough to merit their own sunshades, and that, paired with the sunroof, helped open it up so your car-sickness-prone passengers won't have anything to worry about. Source: Kristen Brown Both offered charging ports, cupholders, and cubbies for things like tablets or phones, but I found the Kia's third row seats to be more comfortable. Visibility would be a very much appreciated feature on a long road trip, especially for young kids. Both offer a cabin connect feature that allows the front passengers to talk with the third and second row passengers through updated speakers, too. Final thoughts The Toyota Sienna or the Kia Carnival are both great choices. Both come with a long list of standard safety features, are highly rated for their crash test ratings, and make being a parent so much easier. I loved the Kia Carnival so much that I told my husband that when my Subaru dies, I want to replace it with the Carnival. The hybrid version had me averaging 35 mpg because it's not AWD like the Sienna is, and I preferred the design language and open interior, as well as the built-in technology. I also really liked the Kia Carnival's price point over the Sienna. Given what I just covered, I had a hard time rationalizing the price of the Platinum HEV AWD trim (almost $70k). Some options don't cost that much, especially if you get a lower trim and FWD, but anything lower than the Platinum feels drastically cheap to me. The Kia was stylish, no matter what trim, and getting the top-shelf SX Prestige Hybrid model is almost $20,000 less than the Toyota. Source: Kristen Brown However, I can already see my inbox flooding with messages akin to, 'But the Toyota is so reliable!' And you'd be right. Kia doesn't have the best reputation for reliability, although it and Hyundai have the best warranties in the business, so I would not be worried about it at all if anything goes wrong and is covered under warranty. A much lower MSRP, more features, better technology, more cargo space, and a better warranty all sound good to me. About the Author Kristen Brown View Profile

The changing landscape of European bodystyles
The changing landscape of European bodystyles

Yahoo

time4 days ago

  • Automotive
  • Yahoo

The changing landscape of European bodystyles

The simultaneous rise of SUVs and decline of Hatchbacks indicates that consumers are increasingly favoring vehicles that provide more space and versatility. According to GlobalData's bodystyle analysis, SUVs are estimated to account for 58% of Passenger Vehicles (PVs) in Western Europe by the end of 2025, up from 37% in 2020. This shift in consumer preference has allowed the SUV segment to gain market share at the expense of Conventional Vehicles, including Hatchbacks, Sedans, and MPVs. In 2020, Hatchbacks were still the most popular bodystyle in Western Europe, holding a 40% market share. However, in 2021, SUVs overtook Hatchbacks to claim the largest share, marking an important shift in the composition of the regional market. Supply chain crises, cost pressures associated with electrification, and evolving consumer preferences have compelled manufacturers to adapt their offerings, with less profitable Small Cars—particularly Hatchbacks—caught in the crossfire. Pandemic-induced supply issues forced automakers to prioritize higher-margin vehicles, which expedited the decline in sales of smaller Hatchback models. By the end of 2025, Hatchbacks are projected to fall to a market share of just 26%, with a further decline to 24% expected by 2030. However, the fact that they remain a key entry-level option should prevent their market share from dropping to the lows seen for other affected bodystyles, such as MPVs. The emergence of Chinese automakers highlights the importance of SUVs in the European market. According to GlobalData's brand origin data, SUVs are expected to comprise over 70% of Chinese brand sales in Western Europe this year. Partly thanks to their economies of scale and government support, these manufacturers are now effectively competing worldwide. However, our forecast reveals a contrasting scenario in China, where only 52% of sales from domestic manufacturers will be accounted for by SUVs. This underscores the stronger European preference for SUVs, prompting Chinese manufacturers to strategically focus their efforts on this segment. Another segment that is projected to grow in the coming years is the Sedan bodystyle, which is set to be better supported by the market's shift toward Electric Vehicles (EVs), potentially due to their weight and aerodynamic advantages. Additionally, Sedans are typically designed with an emphasis on ride comfort, making them an appealing choice for many customers. Kia and Lexus are both scheduled to launch Midsize electric Sedans in 2027, while Audi is expected to launch an electric successor to the A3 in both Sedan and Hatchback variations. SUVs are already dominant in the Premium market, limiting the potential for growth through 2030. Nonetheless, our forecast anticipates that this bodystyle will expand from 43% in 2020 to 64%. Meanwhile, Hatchbacks such as the A-class and A1 are expected to be discontinued and the loss of these volume models will put downward pressure on the bodystyle's market share. However, several automakers are streamlining their production efforts to focus on more profitable models as a result. For example, Volvo is continuing to add a range of electric SUVs to its line-up. The EX30 and EX90 were introduced in 2023 and 2024, respectively, while production of the EX60 is expected to commence in 2026. In the Non-Premium segment, SUVs are estimated to expand from 35% in 2020 to 61% in 2030, with many brands adding several electric SUVs across the forecast horizon. For example, Honda Group is set to roll out the 0 SUV, while Toyota Group is scheduled to launch a Large electric SUV in 2028. In addition, Volkswagen Group is also ramping up to establish a significant presence in the SUV segment, with plans to introduce a series of models across Europe. Notable releases include the ID.2, expected in Q4 2025, along with the Skoda Epiq in 2026, and the electric T-Roc in 2029. Expected to fare better than Hatchbacks are Sedans and Wagons, which will likely be more resistant to losing market share. In Germany, the share of Wagons is particularly robust, with the bodystyle holding 16% of the country's PV market in 2024. Although their popularity has faded over the years, they remain a practical and fuel-efficient alternative to SUVs. In summary, the transition to SUVs is primarily driven by evolving consumer preferences, profitability considerations, and strategic responses to market trends and supply chain dynamics. While Hatchbacks and smaller vehicles face a challenging road ahead, the resilience of Sedans and Wagons suggests that there is still room for diversity in the market. The rise of electric SUVs and the entry of new players, particularly from China, will continue to reshape the competitive landscape, forcing established automakers to innovate and adapt. Georgia Lakey, Research Assistant, Research and Analysis This article was first published on GlobalData's dedicated research platform, the . "The changing landscape of European bodystyles" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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UK motorists call for SUV regulations amid safety concerns
UK motorists call for SUV regulations amid safety concerns

Yahoo

time20-07-2025

  • Automotive
  • Yahoo

UK motorists call for SUV regulations amid safety concerns

A recent survey by Startline Used Car Tracker has indicated that more than one-third of UK drivers think the number of SUVs on the road is excessive. The July report reveals that 35% of respondents call for new rules to ensure safer SUV designs while 18% believe the automotive sector should prioritise promoting alternatives to SUVs. Furthermore, 21% support increased taxation on SUVs due to their potential safety hazards, 19% propose limiting their use in areas with high pedestrian traffic, and 10% perceive SUV drivers as less cautious compared to those driving other vehicles. Conversely, 32% argue that individuals should have the right to choose their preferred vehicle, including SUVs. This survey was prompted by research showing a 44% greater risk of fatality for adults and an 82% greater risk for children when hit by an SUV compared to a conventional car. Startline Motor Finance CEO Paul Burgess said: 'SUVs have become the usual choice for most drivers in the UK who tend to like their higher seating position, adaptability for family life, and their go-anywhere image. 'However, our research shows there is a significant minority of people who are concerned about the increased safety risks that they bring, especially when it comes to pedestrians surviving impacts. 'It would probably be premature to say that there is a backlash against SUVs, but there's clearly a high degree of unease about how common they have become on our roads.' Earlier this month, July's Startline Used Car Tracker revealed that 34% wouldn't feel safe riding in a driverless car, and 26% feel they will never be as safe as a human driver. According to the findings, 49% agree with a recent government decision to delay trials until 2027, and 29% feel it is also too early. "UK motorists call for SUV regulations amid safety concerns" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio

Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025
Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025

Time of India

time17-07-2025

  • Automotive
  • Time of India

Uber and Lucid team up to launch Robotaxis — 20,000 driverless cars to hit US, set to take on Tesla and Waymo in 2025

Uber is going all-in on the future of autonomous vehicles as it revealed a new robotaxi initiative with EV manufacturer Lucid and autonomous software company Nuro, as per a report. Following the announcement, Lucid Group Inc's stock rose more than 29%, according to a CNBC report. Uber Unveils Major Robotaxi Partnership with Lucid and Nuro Under the 'next-generation premium global robotaxi program', the companies aim to introduce more than 20,000 robotaxis in the next six years, all exclusively on Uber's platform, as reported by Yahoo Finance. Explore courses from Top Institutes in Select a Course Category healthcare Design Thinking Operations Management Data Science Data Science Data Analytics Others Finance CXO Product Management MCA Healthcare others Leadership Cybersecurity Public Policy Digital Marketing Project Management PGDM Artificial Intelligence Technology Degree Management MBA Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML Healthcare Management India Starts on undefined Get Details This comes after Lucid, the California-based company, posted a strong second quarter of deliveries, with the new Lucid Gravity SUV arriving in showrooms, and its goal to deliver 20,000 Air sedans and Gravity SUVs in 2025, reported Yahoo Finance. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Navsari: 1 Trick to Reduce Belly Fat? Home Fitness Hack Shop Now Undo ALSO READ: Dream Job? Elon Musk's xAI offers up to $440,000 for engineers who can make anime girl avatars Robotaxi Launch Set for a Major US City Soon This is a major deal for Uber, which retreated from robotaxi initiatives after a fatal crash in 2018, according to the report. With Lucid's Gravity SUV and Nuro, which is backed by Google and the SoftBank Vision Fund, providing its Driver Level 4 autonomous software on Uber's platform and fleet management systems, the robotaxis could be in a major US city as early as next year, according to the Yahoo Finance report. Live Events Uber to Invest Hundreds of Millions in Lucid and Nuro For the new robotaxi program, the ride-hailing company revealed that it will invest $300 million in Lucid and a similar 'multi-hundred-million dollar" investment in Nuro, according to the report. ALSO READ: $14 billion Meta deal, then massive layoffs? Scale AI cuts 200 roles, 14% of its workforce in stunning move Lucid Robotaxi Prototype Undergoing Testing in Las Vegas A Lucid robotaxi prototype using Nuro software is currently being tested at Nuro's Las Vegas proving grounds, as reported by Yahoo Finance. The startup raised $106 million in a funding round from T. Rowe Price, Fidelity, Tiger Global and Greylock, in April, as reported by CNBC. Global Vision for Autonomous Ride-Hailing Uber CEO Dara Khosrowshahi said, 'We're thrilled to partner with Nuro and Lucid on this new robotaxi program, purpose-built just for the Uber platform, to safely bring the magic of autonomous driving to more people across the world,' as quoted by Yahoo Finance. While Lucid interim CEO Marc Winterhoff said that, 'This investment from Uber further validates Lucid's fully redundant zonal architecture and highly capable platform as ideal for autonomous vehicles,' and added that, 'This is the start of our path to extend our innovation and technology leadership into this multi-trillion-dollar market,' as quoted in the report. Uber's Broader Strategy: Compete With Waymo and Tesla The latest Uber-Lucid-Nuro robotaxi program is the newest bet on robotaxi services in the United States, and comes after Waymo's leadership in the space as the only true operator, as per Yahoo Finance. While Uber has also partnered with Alphabet's Waymo in deployments in Austin and Atlanta, Yahoo Finance reported. Meanwhile, even Tesla expanded its robotaxi testing in Austin, with Tesla CEO Elon Musk saying that the EV giant would expand testing to the San Francisco Bay Area, but reportedly the applications for those state permits have not been submitted, according to the report. FAQs How much is Uber investing? Uber is investing $300 million in Lucid, and another multi-hundred million in Nuro. How does this compare to Waymo and Tesla? Waymo is already operating robotaxis in some cities. Tesla is testing its own version but hasn't gotten full permits yet.

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