Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
Author: Autocar_Professional India Online News
Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October
Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back
Festive October turned out to be an electrifying month for manufacturers of electric two-wheelers. At 139,031 units, retail sales in October 2024, which ushered in the 32-day festive season across India, registered handsome 85% year-on-year growth (October 2023: 75,164 units). October 2024’s retails of 139,031 units are the e2W industry’s second-best monthly performance after the… Continue reading Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back
Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back
Festive October turned out to be an electrifying month for manufacturers of electric two-wheelers. At 139,031 units, retail sales in October 2024, which ushered in the 32-day festive season across India, registered handsome 85% year-on-year growth (October 2023: 75,164 units). October 2024’s retails of 139,031 units are the e2W industry’s second-best monthly performance after the… Continue reading Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back
Bosch slashes revenue forecast for coming year, layoffs a possibility: Report
Bosch Chairman Robert Bosch noted on Thursday that revenues could decline in the coming year, and said that additional job cuts could be a possibility over and above the 7000 ones already announced in Germany, Reuters reported. The announcement, made in an interview with chairman Stefan Hartung published by Der Tagesspiegel newspaper on Thursday adds… Continue reading Bosch slashes revenue forecast for coming year, layoffs a possibility: Report
Volkswagen India delivers 200 cars in Punjab on Dhanteras
Volkswagen Passenger Cars India marked a milestone this Dhanteras with the delivery of 200 vehicles across its retail outlets in Punjab. The deliveries showcase the German automaker’s growing popularity in the region, particularly with its premium sedan, the Volkswagen Virtus, which maintains its position as the segment leader in Punjab since its launch. The brand… Continue reading Volkswagen India delivers 200 cars in Punjab on Dhanteras
Quantron AG begins provisional insolvency process focusing on long term operations
Provisional insolvency proceedings are underway at Quantron AG, a company specialising in sustainable battery-electric and hydrogen-electric mobility for trucks and buses. The Augsburg Local Court has appointed Constantin Graf Salm-Hoogstraeten from the restructuring law firm BBL as the provisional insolvency administrator, tasked with assessing the company’s financial standing and overall situation. Salm-Hoogstraeten stated that his… Continue reading Quantron AG begins provisional insolvency process focusing on long term operations
New Skoda Kodiaq RS unveiled
Over a year since Skoda debuted the second-generation Kodiaq SUV globally, the company has now unveiled a hot new RS version of the SUV. In line with the ‘RS’ badge, the sportier Kodiaq gets an uprated version of the 2.0-litre turbo-petrol engine and sharper styling over the regular model. Skoda Kodiaq RS: powertrain, chassis upgrades… Continue reading New Skoda Kodiaq RS unveiled
Its bumper Diwali for carmakers in 2024, amid a slow year
Carmakers’ decision to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations reaching a record 425,000 units as of October 29, according to Vahan data. The record marks a 27% increase from last year’s daily registration rate in October, with the potential to approach 450,000 units by the month’s… Continue reading Its bumper Diwali for carmakers in 2024, amid a slow year
Stellantis announces organisational changes under CEO Carlos Tavares
Leading global automaker and provider of innovative mobility solutions Stellantis has announced several leadership changes to drive performance and simplify the organisation. Antonio Filosa who succeeded Carlos Zarlenga has been appointed North America Chief Operating Officer in addition to his role as Jeep® brand CEO, Jean-Philippe Imparato has been appointed Chief Operating Officer Enlarged Europe… Continue reading Stellantis announces organisational changes under CEO Carlos Tavares