Porsche India opens five new showrooms in a week

Off the back of a strong sales year in 2022 when it sold a record 779 cars and SUVs (up 64%), Porsche India is fast expanding its retail network with the inauguration of five new facilities in one week as a keystone element in its strategic growth plan. New Porsche showrooms in Bengaluru and Chennai,… Continue reading Porsche India opens five new showrooms in a week

Volkswagen reveals ID 7 sedan with 700km range

Volkswagen has taken the wraps off the ID 7 electric sedan, which is the German brand’s answer to the indomitable Tesla Model 3. The Volkswagen ID 7 is a large, sleek sedan that is big on luxury appeal in a bid to bolster VW’s share of the crucial executive EV market. The ID 7 will go on sale in… Continue reading Volkswagen reveals ID 7 sedan with 700km range

Volkswagen reveals ID 7 sedan with 700km range

Volkswagen has taken the wraps off the ID 7 electric sedan, which is the German brand’s answer to the indomitable Tesla Model 3. The Volkswagen ID 7 is a large, sleek sedan that is big on luxury appeal in a bid to bolster VW’s share of the crucial executive EV market. The ID 7 will go on sale in… Continue reading Volkswagen reveals ID 7 sedan with 700km range

Ineos picks Magna to manufacture new small electric 4×4

Following the confirmation in May 2022 of a zero-emission model line, Ineos Automotive has announced it is developing its brand-new electric 4×4 SUV in conjunction with leading automotive supplier, Magna.  Ineos, which has worked with Magna previously on series engineering and development for the Grenadier station wagon and pick-up models, has signed an agreement to start production of… Continue reading Ineos picks Magna to manufacture new small electric 4×4

Ineos picks Magna to manufacture new small electric 4×4

Following the confirmation in May 2022 of a zero-emission model line, Ineos Automotive has announced it is developing its brand-new electric 4×4 SUV in conjunction with leading automotive supplier, Magna.  Ineos, which has worked with Magna previously on series engineering and development for the Grenadier station wagon and pick-up models, has signed an agreement to start production of… Continue reading Ineos picks Magna to manufacture new small electric 4×4

Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023

Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023 German luxury carmaker Mercedes-Benz is closer to rolling out a direct-to-consumer (D2C) retail format in its home turf later this year. The retail model will be a replica and fine-tuned version of the carmaker’s lean retail push in markets such as South… Continue reading Mercedes-Benz to roll out direct-to-consumer retail model in the UK, Germany in CY2023

Tata Elxsi partners with IIT Guwahati to foster EV Technologies

Tata Elxsi, a design-led technology services provider to the auto sector, has signed a Memorandum of Understanding (MoU), with the Indian Institute of Technology (IIT), Guwahati, to collaborate on developing and commercialising state-of-the-art solutions for the Electric mobility market. This collaboration will bring together researchers and experts for advanced research in Material Science, Digital Twins, and Deep… Continue reading Tata Elxsi partners with IIT Guwahati to foster EV Technologies

Indian road logistics sector to remain favourable in FY24: ICRA

ICRA predicts that the demand scenario for the Indian road logistics sector will remain favorable in FY24, with the industry revenue growth expected to be in high single digits on an elevated base of FY23. This is supported by stable domestic consumption and investment demand. However, there are downside risks to these estimates due to… Continue reading Indian road logistics sector to remain favourable in FY24: ICRA

Indian road logistics sector to remain favourable in FY24: ICRA

ICRA predicts that the demand scenario for the Indian road logistics sector will remain favorable in FY24, with the industry revenue growth expected to be in high single digits on an elevated base of FY23. This is supported by stable domestic consumption and investment demand. However, there are downside risks to these estimates due to… Continue reading Indian road logistics sector to remain favourable in FY24: ICRA

Tata Motors introduces the new Nexon EV MAX #DARK

Tata Motors, which continues to witness robust demand in the Indian passenger vehicle market and is the strong No. 3 player after Maruti Suzuki and Hyundai Motor India, has introduced the new Nexon EV MAX #DARK. An extension of the #DARK range, the new Nexon EV MAX #DARK will be available in two trims: XZ+… Continue reading Tata Motors introduces the new Nexon EV MAX #DARK