Group Landmark to foray into pre-owned car business, targets Rs 100 crore revenue in FY2024

Mumbai-headquartered Group Landmark, which is one of the leading dealer principals for passenger vehicle OEMs, including Honda Cars India, Mercedes-Benz India, Volkswagen India, Renault India, Mahindra & Mahindra, MG Motor India, and BYD, plans to enter the country’s used car segment, which is likely to double in size from 4.1 million units in FY2022 to… Continue reading Group Landmark to foray into pre-owned car business, targets Rs 100 crore revenue in FY2024

Hyundai partners KATECH, APQ and SAPTCO to foster hydrogen mobility ecosystem in Saudi Arabia

Following the announcement of it signing a joint venture agreement with the Public Investment Fund (PIF) for setting up a highly automated vehicle manufacturing plant in Saudi Arabia, Hyundai Motor Company has also signed a memorandum of understanding (MOU) with Korea Automotive Technology Institute (KATECH), Air Products Qudra (APQ) and the Saudi Public Transport Company… Continue reading Hyundai partners KATECH, APQ and SAPTCO to foster hydrogen mobility ecosystem in Saudi Arabia

Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.  PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a strategic technology… Continue reading Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) have announced the signing of a joint venture agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.  PIF will hold a 70% stake in the new joint venture with Hyundai holding the remaining 30%. Hyundai will also act as a strategic technology… Continue reading Hyundai to set up ICE and EV manufacturing plant in Saudi Arabia  

Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki Motor Corporation has invested in Canada-based Inmotive Inc through Suzuki’s corporate venture capital fund, Suzuki Global Ventures. In December 2022, Suzuki and Inmotive tied up for joint development of a two-speed EV transmission, and have since been working together for its development for use in a future Suzuki electric vehicle. The two companies believe… Continue reading Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Suzuki Motor Corporation has invested in Canada-based Inmotive Inc through Suzuki’s corporate venture capital fund, Suzuki Global Ventures. In December 2022, Suzuki and Inmotive tied up for joint development of a two-speed EV transmission, and have since been working together for its development for use in a future Suzuki electric vehicle. The two companies believe… Continue reading Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches

EVs get designer touches

It’s no secret that automotive shows are great places to get captive audiences when it comes to showcasing production models and futuristic concept ideas, be it design or technologies or both. The IAA Mobility 2023 event in Munich, Germany, served as the perfect platform for domestic and international brands to highlight their respective products and… Continue reading EVs get designer touches