PUNE: Italian super sports car maker Automobili Lamborghini expects India to break into its top ten global markets in the next five years with its new SUV Urus, set to help drive up volumes in the country, a top company official said Thursday. The company, which sold 26 units in India last year, expects to… Continue reading Lamborghini sees India among top 10 global markets in 5 years
Author: Times of India Online News
Tesla is said to lose supply management VP as exodus continues
Another Tesla Inc. vice president is leaving the company, according to people familiar with the matter, as Elon Musk struggles to contain an exodus of senior executives. Liam O’Connor, vice president of global supply management, has resigned from the electric-car maker, said the people, who requested anonymity because the information hadn’t been made public. Tesla… Continue reading Tesla is said to lose supply management VP as exodus continues
Honda recalls two more models in China due to engine issue
BEIJING: Honda Motor Co will recall 22,702 Honda Jade cars and 27,554 Acura CDX sport-utility vehicles (SUVs) in China, market regulators said on Thursday, because of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles. A Beijing-based company spokesman said in total Honda will have to recall six… Continue reading Honda recalls two more models in China due to engine issue
Volkswagen’s Skoda unions object to renewed talks on production moves
PRAGUE: Trade unions at Volkswagen‘s Czech unit Skoda Auto on Thursday rejected any ideas of moving some of the production of its premium sedan model Superb to German plants. In a statement, the unions said discussions over the issue of shifting some production to VW’s Emden plant had started again within the parent company’s management.… Continue reading Volkswagen’s Skoda unions object to renewed talks on production moves
Nissan studies electric options for Datsun
NEW DELHI: Nissan’s low-cost brand Datsun may be strapped with electric versions as the Japanese car major has started exploratory work on developing affordable electric solutions for India. The development comes at a time when the company plans to drive in its Leaf electric hatch into the country through the import route while also looking… Continue reading Nissan studies electric options for Datsun
Plan to hire 1,500 people in India: Nissan
NEW DELHI: Japanese auto major Nissan announced Thursday plans to hire 1,500 people in India to strengthen R&D and global digital hub while also stating that it would go for “voluntary separation” at its Chennai manufacturing unit. The company, which is seeking to revive its presence in India, said it would go for separate dealerships… Continue reading Plan to hire 1,500 people in India: Nissan
Mahindra sales up 14% in August
NEW DELHI: Auto major Mahindra & Mahindra reported Saturday 14 per cent increase in total sales at 48,324 units in August. The company had sold 42,207 units in the same month last year, M&M said in a statement. In the domestic market, sales were at 45,373 units last month, up 15 per cent, as compared… Continue reading Mahindra sales up 14% in August
EU ready to retaliate if US imposes car tariffs: European Commission chief
FRANKFURT: European Commission chief Jean-Claude Juncker warned Friday the EU would hit back with tariffs of its own if Donald Trump made good on threats to slap duties on foreign cars, as an EU-US trade truce wobbled. “We agreed with Trump on a kind of ceasefire when it comes to new car tariffs,” Juncker told… Continue reading EU ready to retaliate if US imposes car tariffs: European Commission chief
Toyota to target tripling China production over next decade
Toyota Motor Corp. is aiming to triple car production in China by as soon as 2030 in a renewed push to make up lost ground in the world’s biggest market, according to people familiar with the plan. Asia’s largest automaker is targeting to manufacture 3.5 million vehicles annually in China around that year while boosting… Continue reading Toyota to target tripling China production over next decade
Peugeot halts 308 output at Sochaux plant after gearbox problem
{{if trimcom}}{{:trimcom}}{{else}}{{:comment.substr(0,500)}}{{/if}} {{if comment.length > 500}} … Read More {{/if}} China’s Geely building new plant to make 250,000 bigger-sized cars – sources Aston Martin plans to go public as turnaround picks up speed Electric car makers moving into Tesla’s turf with new models Go to Source