US Motoring Press – Page 2919 – I wish I had more to offer

Bike Bazaar closes Series D equity funding of Rs 250 crore

Bike Bazaar – a leading pre-owned two-wheeler financing company has closed its Series D round of funding with a total equity raise of Rs 250 crore. The company on Monday announced that it has raised Rs 82 crores (USD 10 million) from DEG, a Germany-based development finance institution and a subsidiary of KfW Group, who… Continue reading Bike Bazaar closes Series D equity funding of Rs 250 crore

Bike Bazaar closes Series D equity funding of Rs 250 crore

‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park

‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park With SUVs at the core of Kia’s model range in India, the South Korean car maker has taken advantage of the SUV boom and has outperformed the market with stellar growth ever since it entered India in 2018.… Continue reading ‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park

‘Definitely, in the year 2025 two (Kia) EV models will be locally manufactured here’: Tae Jin Park

Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023 In its assessment of the impact on the medium and heavy commercial vehicle (MHCV) sector from Budget 2023, rating firm CRISIL has said that sales in the sector are expected to rise 35-37 percent year-on-year this… Continue reading Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

‘A new small SUV EV will play well for us in emerging markets like India’: Volvo Cars CEO Jim Rowan

‘A new small SUV EV will play well for us in emerging markets like India’: Volvo Cars CEO Jim Rowan With an eye on grabbing high market share in the nascent electric vehicle space in emerging global markets, Swedish luxury carmaker Volvo Cars plans to introduce a small SUV within the next 12-18 months to… Continue reading ‘A new small SUV EV will play well for us in emerging markets like India’: Volvo Cars CEO Jim Rowan

‘A new small SUV EV will play well for us in emerging markets like India’: Volvo Cars CEO Jim Rowan

Editor’s letter: Was Tesla right to cut electric car prices?

Few companies divide popular opinion in the automotive industry like Tesla, and its recent move to cut prices is its latest disruptive (or is that destructive?) act that has polarised opinion. The company cut up to £8000 off the price of its models with immediate effect last month, generating headlines that made it all the way… Continue reading Editor’s letter: Was Tesla right to cut electric car prices?

Greatest road tests ever: BMW Z1

A masterclass of design and engineering, BMW’s daring Z1 produced an impressive roadster from workaday E30-generation BMW 3 Series saloon underpinnings. The Z1’s front-engined, rear-drive chassis, 2.5-litre straight six, five-speed gearbox and MacPherson-strut front suspension came from the E30 325i, but new tech included a composite-fibre sandwich floorpan, plastic body panels and new rear wishbones. Electric… Continue reading Greatest road tests ever: BMW Z1

Under the skin: Car touchscreens can get bigger but less distracting

No matter how hard it tries, the car industry struggles with finding a perfect or sometimes even a half-decent answer to the interaction between driver and car. The move towards touchscreens to reduce the complexity of myriad buttons as cars grew more complicated proved to be something of an own goal. Arguably, touchscreens cause as… Continue reading Under the skin: Car touchscreens can get bigger but less distracting