European auto industry calls for urgent action as EV demand falls sharply

The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply

European auto industry calls for urgent action as EV demand falls sharply

The European Automobile Manufacturers’ Association (ACEA), which represents the 15 major Europe-based car, van, truck and bus makers – BMW Group, DAF Trucks, Daimler Truck, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Iveco Group, JLR, Mercedes-Benz, Nissan, Renault Group, Toyota Motor Europe, Volkswagen Group, and Volvo Group – has urged speedy action… Continue reading European auto industry calls for urgent action as EV demand falls sharply

BEV sales in Europe witness largest YoY decline since January 2017

The decline in consumer demand for battery electric vehicles continues in Europe, and also continues to drag overall sales of passenger vehicles. According to JATO Dynamics’ latest retail sales data for 28 European markets, 753,482 new cars were registered in August 2024. This marks a 16% year-on-year decrease on the 899,881 units registered in August… Continue reading BEV sales in Europe witness largest YoY decline since January 2017

BEV sales in Europe witness largest YoY decline since January 2017

The decline in consumer demand for battery electric vehicles continues in Europe, and also continues to drag overall sales of passenger vehicles. According to JATO Dynamics’ latest retail sales data for 28 European markets, 753,482 new cars were registered in August 2024. This marks a 16% year-on-year decrease on the 899,881 units registered in August… Continue reading BEV sales in Europe witness largest YoY decline since January 2017

Kia Sonet turns four, sells 450,000 units in India and overseas markets

The Sonet, Kia India’s first compact SUV launched four years ago on September 18, 2020, has clocked cumulative domestic and export market sales of 449,812 units till end-August 2024. As per SIAM passenger vehicle industry data, the Sonet has registered total India-market wholesales of 357,743 units and exports of 92,069 units. The Sonet, along with… Continue reading Kia Sonet turns four, sells 450,000 units in India and overseas markets

EXCLUSIVE: M&M is scouting for land for a new factory in Maharashtra, targets 1 million output by 2030  

Mahindra & Mahindra, India’s number one SUV maker in terms of revenues, has set its sights on one million annual production in the coming decade and has started scouting for a fresh parcel of land to set up a new factory.  Sources say the company is at an initial stage of looking for a new… Continue reading EXCLUSIVE: M&M is scouting for land for a new factory in Maharashtra, targets 1 million output by 2030  

BYD India mulls Rs 20 lakh SUV to take on Creta

At a time when Maruti Suzuki and Hyundai Motor India prepare to enter the mainstream EV market in 2025, BYD – the world’s second-largest electric carmaker – is considering its own B-segment or midsize electric SUV priced around Rs 20 lakh. The company has shortlisted a few models for the Indian market, and if the… Continue reading BYD India mulls Rs 20 lakh SUV to take on Creta

GENESIS AND GENESIS INSPIRATION FOUNDATION CONTRIBUTE TO YOUTH SPORTS AND ARTS INITIATIVES AT GENESIS OF ALEXANDRIA GRAND OPENING

Genesis donates $10,000 to Washington Tennis & Education Foundation Genesis Inspiration Foundation donates $10,000 to Del Ray Artisans ALEXANDRIA, Va., Sept. 19, 2024 /PRNewswire/ — To celebrate the Genesis of Alexandria grand opening, Genesis and Genesis Inspiration Foundation recently donated a total of $20,000 to youth sports and arts initiatives in the community. These donations will contribute… Continue reading GENESIS AND GENESIS INSPIRATION FOUNDATION CONTRIBUTE TO YOUTH SPORTS AND ARTS INITIATIVES AT GENESIS OF ALEXANDRIA GRAND OPENING