Ford bids farewell to a best-seller in move epitomizing disruption

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Ford sales up 2% in January, boosted by record EV sales

Ford Motor Co.’s U.S. sales rose 2% year-over-year in January, boosted by record sales of its all-electric vehicles, which more than doubled over that period. The Dearborn automaker reported Thursday that it sold 146,356 new vehicles in the U.S. last month. Of those sales, the vast majority — 133,293, or 91% — came from internal… Continue reading Ford sales up 2% in January, boosted by record EV sales

Payne: Darth Vader’s Lexus RX350h rolls out some interior hospitality

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Payne: Darth Vader’s Lexus RX350h rolls out some interior hospitality

TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia

TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia TVS Motor Company, in a strategic move to expand its global footprint, has announced its association with Singapore-based tech company Ion Mobility. The Chennai-based two- and three-wheeler manufacturer has entered into an investment agreement with an aim to provide Ion the… Continue reading TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia

TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia

TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia TVS Motor Company, in a strategic move to expand its global footprint, has announced its association with Singapore-based tech company Ion Mobility. The Chennai-based two- and three-wheeler manufacturer has entered into an investment agreement with an aim to provide Ion the… Continue reading TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia

Mercedes-Benz India opens its first integrated 3S experience centre in Kochi

India’s largest luxury carmaker Mercedes-Benz today inaugurated its first integrated 3S MAR20X Sales and Service Experience Centre in the country. Spread across 50,000 square feet, Mercedes-Benz Coastal Star ‘MAR20X Experience Center’ with its dedicated EQ Display, AMG Performance Center and Exclusive Corner for Top End Vehicle (TEV) Display, is strategically located in Kochi, with proximity… Continue reading Mercedes-Benz India opens its first integrated 3S experience centre in Kochi

VECV reports 32% jump in January 2023 sales to 7181 units

Volvo Eicher Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, sold 7181 units in January 2023, up 32.1% from 5434 units in January 2022. This comprises 6992 Eicher brand vehicles and 189 Volvo brand vehicles. In terms of sales volume, the company noted in a statement that Eicher branded trucks and… Continue reading VECV reports 32% jump in January 2023 sales to 7181 units

Ashok Leyland’s net profit jumps to Rs 361 crore in Q3FY23 multifold growth

Ashok Leyland, the flagship company of the Hinduja Group, recorded a multifold increase in earnings after tax to Rs 361 crore for the third quarter ended December, backed by strong sales. During the similar period last year, the company earned Rs 6 crore in profit after tax. The company stated in a statement that revenue for… Continue reading Ashok Leyland’s net profit jumps to Rs 361 crore in Q3FY23 multifold growth

Royal Enfield registers 36.2% YoY volume growth in January 2023

Royal Enfield reported a domestic wholesale of 67,702 motorcycles in January 2023, representing a 36.2 percent increase over the 49,726 motorcycles sold in the same month the previous year. Similarly, the company exported 7,044 motorcycles in January this year, representing a 22.7 percent increase over the same period last year. B Govindarajan, CEO, Royal Enfield… Continue reading Royal Enfield registers 36.2% YoY volume growth in January 2023

Tata Motors looks to redefine its brand positioning for CVs

Mumbai-based Tata Motors, claims to be redesigning its brand positioning with the launch of its new tagline, ‘Desh ka Trucks,’ for its truck platforms – Prima, Signa, and Ultra. The campaign was first launched in September of last year, and it appears that the brand is now taking it to the next level with a… Continue reading Tata Motors looks to redefine its brand positioning for CVs