Kia India announces up to 3% price hike on all models, effective 1 April

Kia India, a leading premium carmaker, has announced up to 3% price increase across all its mass models, including Seltos, Sonet & Carens, starting April 1, 2024. This decision is attributed to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year.  Commenting on the… Continue reading Kia India announces up to 3% price hike on all models, effective 1 April

Naxnova acquires Quad Industries for Rs 90 crore 

Naxnova (formerly known as Classic Stripes) announced on Thursday the acquisition of Quad Industries Belgium, a prominent player in the printed electronics sector, for Rs 90 crore. The company said in a statement that it has acquired a 74% stake from the current shareholders of Quad Industries, and the balance stake shall be acquired in… Continue reading Naxnova acquires Quad Industries for Rs 90 crore 

Nissan Motor India elevates Saurabh Vatsa to MD position, Rakesh Srivastava retires on 31 March  

Nissan Motor India on Thursday announced the appointment of Saurabh Vatsa as Managing Director (MD) of the company effective April 01, 2024. Vatsa succeeds current MD Rakesh Srivastava who retires this year on March 31, 2024. Earlier this year, Saurabh Vatsa was appointed as Deputy Managing Director by the company on January 15. Upon elevation to the role of… Continue reading Nissan Motor India elevates Saurabh Vatsa to MD position, Rakesh Srivastava retires on 31 March  

Citroen eC3 scores 0 stars in Global NCAP crash test

Global NCAP has crash tested the Citroen eC3 electric hatchback, and it has received a rather disappointing 0-star rating in adult occupant protection and a 1-star rating for child occupant protection. The car tested was an Indian-made model, and is among the last few cars to be tested under Global NCAP’s Safer Cars for India campaign as… Continue reading Citroen eC3 scores 0 stars in Global NCAP crash test

Citroen eC3 scores 0 stars in Global NCAP crash test

Global NCAP has crash tested the Citroen eC3 electric hatchback, and it has received a rather disappointing 0-star rating in adult occupant protection and a 1-star rating for child occupant protection. The car tested was an Indian-made model, and is among the last few cars to be tested under Global NCAP’s Safer Cars for India campaign as… Continue reading Citroen eC3 scores 0 stars in Global NCAP crash test

BMW banking on fully electric vehicles and the top-end segment to remain the main growth drivers in 2024

Following a successful 2023, in which the Automotive Segment reported its highest-ever operating result, the BMW Group aims to continue on its profitable growth course in the current financial year. Fully-electric vehicles (BEVs) and models from the upper premium segment should remain the main growth drivers again in 2024 – including the BMW 7 Series… Continue reading BMW banking on fully electric vehicles and the top-end segment to remain the main growth drivers in 2024

BMW banking on fully electric vehicles and the top-end segment to remain the main growth drivers in 2024

Following a successful 2023, in which the Automotive Segment reported its highest-ever operating result, the BMW Group aims to continue on its profitable growth course in the current financial year. Fully-electric vehicles (BEVs) and models from the upper premium segment should remain the main growth drivers again in 2024 – including the BMW 7 Series… Continue reading BMW banking on fully electric vehicles and the top-end segment to remain the main growth drivers in 2024

Exclusive: Ford’s global executive Kay Hart meets TN state govt officials, discusses future India plans

US carmaker Ford Motor Company’s head of International Market Group has visited India to reassess its re-entry plans in the country. This comes close on the heels of the Government of India announcing the new electric vehicle policy, paving the way for the entry of more global automakers in the country.   Sources say Hart met Tamil… Continue reading Exclusive: Ford’s global executive Kay Hart meets TN state govt officials, discusses future India plans

M&M, Adani Total Energies E-Mobility collaborate to expand EV charging infrastructure

The partnership will facilitate the deployment of e-mobility solutions to streamline access to the charging network for customers, encompassing aspects such as discovery, availability, navigation, and transactions. Mahindra & Mahindra (M&M has signed a memorandum of understanding (MoU) with Adani Total Energies E-Mobility (ATEL), a subsidiary of Adani Total Gas. This collaboration aims to outline… Continue reading M&M, Adani Total Energies E-Mobility collaborate to expand EV charging infrastructure

M&M, Adani Total Energies E-Mobility collaborate to expand EV charging infrastructure

The partnership will facilitate the deployment of e-mobility solutions to streamline access to the charging network for customers, encompassing aspects such as discovery, availability, navigation, and transactions. Mahindra & Mahindra (M&M has signed a memorandum of understanding (MoU) with Adani Total Energies E-Mobility (ATEL), a subsidiary of Adani Total Gas. This collaboration aims to outline… Continue reading M&M, Adani Total Energies E-Mobility collaborate to expand EV charging infrastructure