Stellantis reports a positive Q1 2023 in revenues and a 22% increase in BEV sales

Stellantis, one of the world’s leading automakers, has reported a 14% year-over-year increase in Q1 2023 net revenues, with all segments contributing positively. With brands such as Alfa Romeo, Jeep, Maserati, Ram, and Dodge under its umbrella, the automaker has further reported an increase of 22% year-over-year in global battery electric vehicle (BEV) sales. Nine additional BEVs are slated for a 2023 launch, taking the total tally of Stellantis’ BEV products to 47 by the end of 2024. The automaker is on an electrification-offensive plan for the North American market, as it recently unveiled the all-electric Ram 1500 REV at the New York International Auto Show. The Jeep Avenger, the brand’s first-ever BEV, was named “2023 European Car of the Year” and bagged the “World’s Best Family SUV in 2023” title. Shipments across the globe have also reported an increase, thereby gradually negating the semiconductor chip and other supply chain constraints caused during the 2020 Pandemic and bringing the production and shipment levels back to the pre-covid stage.

The Concours Club Lounge is a luxurious way to view the 2023 Formula 1 Miami Grand Prix

The Concours Club, Miami’s premier automotive resort, offers motorsports enthusiasts one of the more luxurious trackside Miami Grand Prix experiences at the new Concours Club Lounge. The new lounge is a multilevel stand situated at Turn 3 of the track, is built at a 4 feet elevation to provide a better view for the VIP guests.  It features a shaded rooftop viewing terrace deck, a stunning climate-controlled indoor lounge with stadium seating, a cocktail bar, private restrooms, myriad lounging areas, a shaded rooftop with a plunge pool, and a DJ for poolside entertainment. The Concours Club Lounge would further offer live commentary on-site by legendary motorsports broadcaster Greg Creamer with Miami’s culinary superstar Chef Brad Kilgore overlooking the cuisine. Seats are subject to limited availability, with each priced at $12,500. Interested individuals will have to send an email to dweikel@ibpmedia.com or magredas@ibpmedia.com to acquire a luxury viewing experience of the 2023 Miami F1 Grand Prix.

McLaren Opens Second Outlet In The UAE

British sportscar maker McLaren Automotive has appointed Abu Dhabhi Motors as its official dealer partner in Abu Dhabi, United Arab Emirates. And those residing in the nation’s capital or closeby areas can now visit the new McLaren dealership for their sales and service-related queries. What becomes the second outlet for the Woking-based brand in the UAE is located at Airport Road, Al Maqta Bridge, Abu Dhabi.

Honda India Names Its All-New SUV ‘Elevate’

After teasing it with a digital sketch a few months ago, Honda Car India has now confirmed what its upcoming model will be called. Elevate. It’s a compact SUV that will compete against multiple potent products in India. Details are scarce, but reports suggest that Honda will pin the Elevate on the fifth-gen City’s platform. Furthermore, it’ll be a petrol-only affair, starting the innings with the proven 1.5-litre i-Vtec engine from the City. Honda will lift the covers off the Elevate next month, June 6, 2023, to be precise. For the Japanese automaker, the Elevate is a global model. So, after launching it in India, the SUV will also be exported to other markets.