With a kitty of Euro 1 billion for the India 2.0 project almost consummated, Skoda Auto Volkswagen India, the lead entity of the Euro 272.9 billion Volkswagen Group in the country, is close to finalising its next phase of investment. There are multiple projects or platforms that are likely to be introduced to help it… Continue reading Global Voices: Skoda Auto India targeting 5 percent market share by 2030
Category: US Motoring Press
Global Voices: Skoda Auto India targeting 5 percent market share by 2030
With a kitty of Euro 1 billion for the India 2.0 project almost consummated, Skoda Auto Volkswagen India, the lead entity of the Euro 272.9 billion Volkswagen Group in the country, is close to finalising its next phase of investment. There are multiple projects or platforms that are likely to be introduced to help it… Continue reading Global Voices: Skoda Auto India targeting 5 percent market share by 2030
Honda Motorcycle & Scooter India’s total volume up 27% YoY in December
Honda Motorcycle & Scooter India recorded a growth of around 27% on year in its total sales during December on the back of robust improvement in both domestic volume and exports. India’s second-largest two-wheeler maker sold a total of 317,123 two-wheelers in December, against 233,151 units in the year-ago period. Domestic sales rose 23 percent… Continue reading Honda Motorcycle & Scooter India’s total volume up 27% YoY in December
Honda Motorcycle & Scooter India’s total volume up 27% YoY in December
Honda Motorcycle & Scooter India recorded a growth of around 27% on year in its total sales during December on the back of robust improvement in both domestic volume and exports. India’s second-largest two-wheeler maker sold a total of 317,123 two-wheelers in December, against 233,151 units in the year-ago period. Domestic sales rose 23 percent… Continue reading Honda Motorcycle & Scooter India’s total volume up 27% YoY in December
Adani Ports board rejig, Karan Adani named MD, Ashwani Gupta CEO
Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has elevated CEO Karan Adani to the role of Managing Director, a position which was held by Gautam Adani, Chairman of the Adani Group. Gautam Adani is re-designated as Executive Chairman of APSEZ. The board has also approved the appointment of… Continue reading Adani Ports board rejig, Karan Adani named MD, Ashwani Gupta CEO
BYD sells over 3 million NEVs in 2023, electric car sales close gap to Tesla
Chinese automaker BYD has concluded 2023 with record-breaking sales, which surpasses the 3 million annual sales target and retains its position the global new energy vehicle (NEV) sales champion, for the second year in a row. This year also marks BYD being listed among the global top 10 of car sales for the first time.… Continue reading BYD sells over 3 million NEVs in 2023, electric car sales close gap to Tesla
Hyundai and Kia partner Samsung Electronics for car-to-home and home-to-car services
Hyundai Motor Company and Kia Corporation have today announced that they have signed an agreement with Samsung Electronics for a Car-to-Home and Home-to-Car service partnership, aiming to enhance the connectivity between residential and mobility spaces. Under this agreement, Hyundai and Kia customers will be able to remotely control digital appliances via touch and voice commands… Continue reading Hyundai and Kia partner Samsung Electronics for car-to-home and home-to-car services
Tesla Sales Rebound After Steep Price Cuts
Tesla sales jumped during the last three months of 2023 after the carmaker slashed prices and customers rushed to take advantage of tax breaks on electric vehicles — provisions that will be harder to come by in 2024. The company said on Tuesday that it sold 484,500 cars in the fourth quarter, up from 435,000… Continue reading Tesla Sales Rebound After Steep Price Cuts
Cale Yarborough, Hall of Fame NASCAR Driver, Dies at 84
Cale Yarborough, who won three consecutive NASCAR Winston Cup Series championships and whose 83 victories tied him for sixth place on the winners’ list, died on Sunday. He was 84. He had been battling a rare genetic disorder, his family told The Associated Press. At the peak of his success, Yarborough won nine races in… Continue reading Cale Yarborough, Hall of Fame NASCAR Driver, Dies at 84
In This Mexican Neighborhood, Locals Say ¡Viva el Beetle!
Rusted and stripped of their right seat, the cars parked in queues rounding street corners serve as the unofficial taxi in the hillside neighborhoods in Cuautepec in Mexico’s capital. The curvy symbol of the 1960s hippie era is admired — even decorated and named — by residents who say the car represents their resilience and… Continue reading In This Mexican Neighborhood, Locals Say ¡Viva el Beetle!