Bentley has pushed its timeline to become an EV-only manufacturer from 2030 to 2035. However, it will continue to develop PHEVs beyond 2030, until 2035. The debut EV from the Crewe-based firm – an Urban SUV – had been due next year. But in a manner similar to other car firms, Bentley has pushed back… Continue reading Bentley postpones their electrification plans due to lower demand
Category: US Motoring Press
Maruti Suzuki sees uptick in small car sales on strong rural demand
After a prolonged sluggishness in the sales of entry-level, India’s largest car maker Maruti Suzuki India Ltd has seen growth in the sales of small, or entry-level, cars during October. This reflects strong consumer sentiments in the rural part of the country, while there is weakness in the urban market. “In the first quarter, we… Continue reading Maruti Suzuki sees uptick in small car sales on strong rural demand
GM’s Wall Street vindication is happening as it outperforms its peers in 2024
Mary Barra, chair and chief executive officer of General Motors Co., during a news conference at the Hudson’s building in Detroit, Michigan, US, on Monday, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is proving it’s a standout among automakers this year as it continues to consistently outperform Wall… Continue reading GM’s Wall Street vindication is happening as it outperforms its peers in 2024
Citroen Basalt: French carmaker’s winning attempt at Indian market
Citroen, the prominent French carmaker in the multi-dimensional Stellantis group and forayed into the Indian market in CY22, has had a tough start in the world’s third-largest passenger vehicle market. While its lacklustre marketing, sales, and product planning strategies have been the key reasons for the brand’s insignificant performance in the country so far, the… Continue reading Citroen Basalt: French carmaker’s winning attempt at Indian market
PHF Leasing rebrands as Credifin, expands Nationally with new headquarters and financial offerings
PHF Leasing Limited, a non-banking financial company (NBFC) listed on the Metropolitan Stock Exchange, has announced its rebranding to Credifin Limited, effective immediately. The company has also moved its corporate headquarters to Delhi-NCR to better serve its growing customer base across India. The new name, Credifin, reflects a broader range of loan offerings and aligns… Continue reading PHF Leasing rebrands as Credifin, expands Nationally with new headquarters and financial offerings
Flipkart reaches 10,000 electric vehicle milestone, advancing towards 100% electric logistics fleet by 2030
Flipkart has successfully deployed over 10,000 electric vehicles (EVs) in its delivery fleet, marking an important milestone in its effort to transition to a fully electric logistics network by 2030, as part of the Climate Group’s EV100 initiative. This achievement follows a phased integration of EVs into the company’s last-mile delivery operations in recent years.… Continue reading Flipkart reaches 10,000 electric vehicle milestone, advancing towards 100% electric logistics fleet by 2030
Kia India reveals the name ‘SYROS’ for its upcoming SUV
Kia India has announced its latest addition to the premium SUV segment by announcing SYROS, its upcoming offering for the Indian market. This new vehicle marks a significant milestone as the company’s first Kia 2.0 SUV offering following the successful launches of the Carnival and EV9. The SYROS is positioned to blend traditional design elements… Continue reading Kia India reveals the name ‘SYROS’ for its upcoming SUV
BNC Motors opens Delhi dealership and partners with MoEVing
BNC Motors, a company in India’s electric vehicle (EV) sector, has launched a new Company-Owned, Company-Operated (COCO) dealership in Delhi. Located at 286, Main Road, Block A, Vishwakarma Colony, Pul Pehlad Pur, New Delhi, this center will function as a service and operational hub for MoEVing, an electric fleet logistics provider, as well as for… Continue reading BNC Motors opens Delhi dealership and partners with MoEVing
TVS Motors’ Norton Motorcycles announces leadership changes
Norton Motorcycles, a producer of premium handcrafted motorcycles and part of TVS Motor, has announced that Dr. Robert Hentschel is stepping down as Chief Executive Officer and will transition to a non-executive director role with immediate effect. Dr. Hentschel, who joined Norton in 2021, has played a key role in strengthening the company’s foundations, guiding… Continue reading TVS Motors’ Norton Motorcycles announces leadership changes
Quantum Energy expands presence in India with new EV showroom in Srikakulam
Quantum Energy, an electric vehicle startup focused on the design and manufacture of electric scooters, has opened a new showroom in Srikakulam, Andhra Pradesh. The inauguration was attended by Shri Kinijarpu Rammohan Naidu, Minister of Civil Aviation in India, along with senior officials and dignitaries from Quantum Energy. Operating under the dealership name HK Agencies,… Continue reading Quantum Energy expands presence in India with new EV showroom in Srikakulam