New models like the Jaguar E-Pace (image) have driven Jaguar’s sales in April 2018 Jaguar Land Rover (JLR) has claimed that its sales for April 2018 were largely driven by the introduction of new models, including the Range Rover Velar, Land Rover Discovery and Jaguar E-Pace. As per the report from the OEM, there was… Continue reading Jaguar Land Rover sells 45,180 units globally in April 2018
Author: Autocar_Professional India Online News
Terra Motors raises USD 10 million to expand in markets like India, Bangladesh
An e-rickshaw from Terra Motors Japan-based Terra Motors, an electric vehicle start-up company announced today that it has secured $10 million (Rs 67 crores) from foreign investors including Fenox Venture capital (US) and other Japanese bank affiliated venture capital investors to accelerate their global expansion. Terra Motors, with a portfolio of electric two and three… Continue reading Terra Motors raises USD 10 million to expand in markets like India, Bangladesh
BMW develops new electric personal mover concept for staffers
The BMW Group has developed a new kind of micro-mobility concept for employees. The Personal Mover Concept – an electric one-person means of transport for covering short distances within an operating site – can be used for personal transportation both inside buildings and outside and is also suitable for carrying objects. Employees at BMW Group plants… Continue reading BMW develops new electric personal mover concept for staffers
‘We are evaluating BMW’s plug-in hybrid range to see if we can bring something to India.’
Vikram Pawah, president, BMW Group India, speaks to Sumantra B Barooah on the sidelines of the launch of the Mini Countryman on the enduring appeal of the Mini brand, the company’s strategy in a competitive luxury car market, evaluating hybrids for India as a result of customer demand, expanding the BMW Motorrad dealer network, exploring sourcing of… Continue reading ‘We are evaluating BMW’s plug-in hybrid range to see if we can bring something to India.’
BMW Group sells 604,629 units globally in Q1 2018
The BMW Group is bullish on achieving new record sales and revenues in 2018 in spite of extremely high levels of upfront expenditure for new technologies, fierce competition, rising personnel expenses and volatile global, political and economic environment. The BMW Group, which comprises brands such as BMW, Mini, Rolls-Royce and BMW Motorrad, has registered cumulative… Continue reading BMW Group sells 604,629 units globally in Q1 2018
Volvo and Vattenfall come together for advanced EV charging infrastructure for homes
Europe-based energy company Vattenfall aims to become a leading electric vehicle (EV) charging infrastructure operator in collaboration with its partners. The initiative would be initially benefitted by the Swedish customers of Volvo plug-in hybrid cars. Vattenfall and Volvo will offer all Volvo’s plug-in hybrid customers in Sweden the charging solution ‘InCharge Smart home’ directly through… Continue reading Volvo and Vattenfall come together for advanced EV charging infrastructure for homes
Tata Motors to sell defence and aerospace business to Tata Advanced Systems
Domestic PV and CV major Tata Motors has announced that its board has approved, subject to requisite regulatory and other approvals, to sell its defence and aerospace business to Tata Advanced Systems. The decision is as part of its ‘Turnaround 2.0’ plan, to take necessary steps to further its defence business by leveraging the scale… Continue reading Tata Motors to sell defence and aerospace business to Tata Advanced Systems
BMW Group to double Mini sales with 2nd-gen Countryman
Vikram Pawah, president, BMW Group India, at the launch of the Mini Countryman in Delhi BMW Group which comprises the BMW, Mini and BMW Motorrad sub-brands is riding high on the success of its premium model offerings in the country. The Group, which registered cumulative sales of 9,800 units in CY2017, grew at a notable… Continue reading BMW Group to double Mini sales with 2nd-gen Countryman
Lotus SUV will put brand in ‘more luxury’ market
The forthcoming Lotus SUV is set to position the Norfolk-based sports car brand as a more luxury car maker than previously – and could be the first in a series of crossover machines from the firm. The project was one of the first signed off by Chinese company Geely after it bought the British firm last year. As previously revealed by… Continue reading Lotus SUV will put brand in ‘more luxury’ market
Fiat Chrysler Automobiles on course to cancel debt this year
Industry by Sam Sheehan, Autocar UK Apr 27, 2018 The Alfa Romeo Stelvio is one of FCA’s best-selling cars Fiat Chrysler Automobiles could clear all debts this year if its efficiency-boosting measures continue to have the same effect. The Italian-American carmaker announced in its first-quarter financial report that it had reduced current debt to €1.3 billion (£1.1bn) (Rs… Continue reading Fiat Chrysler Automobiles on course to cancel debt this year