German FAZ: Tesla doubles paragraph 006504

E-Car No.1: Tesla Model Y Image: manufacturer Volkswagen defended its podium places, but the Golf struggled to keep first place. Interest in electric cars continues to grow. And the SUV? The car country Germany is increasingly becoming an SUV country. A good 42 percent of new registrations are now in this segment, if SUVs and… Continue reading German FAZ: Tesla doubles paragraph 006504

CTEK And Hagerty Drivers Club Partner To Provide Charging Solutions, Member Benefits

Leading battery management company to offer member discounts CHICAGO, July 20, 2023 /PRNewswire/ — CTEK, the leading global brand in vehicle charging solutions, and Hagerty, an automotive lifestyle brand, today announced that Hagerty has selected CTEK as battery charging partner for Hagerty Drivers Club members.”Through the partnership, CTEK will offer Hagerty Drivers Club members in… Continue reading CTEK And Hagerty Drivers Club Partner To Provide Charging Solutions, Member Benefits

Tata Motors launches Altroz XM, XM(S) at Rs 6.90 lakh

Tata Motors has introduced two new trims on its Altroz premium hatchback – XM & XM(S) – that are available only with the 1.2 petrol-manual powertrain. They are priced at Rs 6.90 lakh and Rs 7.35 lakh (ex-showroom, Delhi), respectively. These new trims get features like a sunroof, height adjustable driver’s seat and more. Additionally, other variants of the Altroz… Continue reading Tata Motors launches Altroz XM, XM(S) at Rs 6.90 lakh

‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India

Nearly all luxury carmakers in India have posted record growth between January-June 2023 period. Both BMW and Mercedes-Benz, for instance, had their best-ever half-yearly and quarterly sales, while Audi posted 97 percent year-on-year growth in the same period, albeit on a low base. Even Volvo recorded 33.13 percent growth in the first half of the year. But what’s at the root of this exponential growth?… Continue reading ‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India

‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India

Nearly all luxury carmakers in India have posted record growth between January-June 2023 period. Both BMW and Mercedes-Benz, for instance, had their best-ever half-yearly and quarterly sales, while Audi posted 97 percent year-on-year growth in the same period, albeit on a low base. Even Volvo recorded 33.13 percent growth in the first half of the year. But what’s at the root of this exponential growth?… Continue reading ‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India

German FAZ: Tesla doubles sales006492

E-Car No.1: Tesla Model Y Image: manufacturer Volkswagen defended its podium places, but the Golf struggled to keep first place. Interest in electric cars continues to grow. And the SUV? The car country Germany is increasingly becoming an SUV country. A good 42 percent of new registrations are now in this segment, if SUVs and… Continue reading German FAZ: Tesla doubles sales006492

German FAZ: Tesla doubles sales006492

E-Car No.1: Tesla Model Y Image: manufacturer Volkswagen defended its podium places, but the Golf struggled to keep first place. Interest in electric cars continues to grow. And the SUV? The car country Germany is increasingly becoming an SUV country. A good 42 percent of new registrations are now in this segment, if SUVs and… Continue reading German FAZ: Tesla doubles sales006492

Subaru rides ‘made in Japan’ supply chain to high margins

TOKYO — Subaru’s earnings power, based on operating profit per unit, was the best among Japan’s major automakers for the fiscal year ended March. And the company’s cost-competitive “made in Japan” production sites are set to deliver high margins again in fiscal 2023. The automaker’s operating profit per vehicle sold rose 150% for the year… Continue reading Subaru rides ‘made in Japan’ supply chain to high margins

Maruti Suzuki collaborates with Integral University, Lucknow to offer B. Com in Automobile Retail Management

Maruti Suzuki India has announced its partnership with Integral University, Lucknow to jointly offer B. Com in Automobile Retail Management. As a part of the MoU, the company and the institute will collaborate to offer an extensive three-year industry-oriented programme. The students will be provided with holistic skilling via one-year theoretical training followed by two years of On-the-Job Training… Continue reading Maruti Suzuki collaborates with Integral University, Lucknow to offer B. Com in Automobile Retail Management

Cars24 registers 87% growth in Q1 FY24, buys pre-owned cars worth Rs 1,800 crore from customers

Pre-owned car selling and buying technology platform, Cars24 has released its quarterly DriveTime report, determining its business performance in the April-June 2023 quarter.  The company claims having registered an 87 percent year-on-year (YoY) growth in the Q1 of FY24, with procurement of vehicles from customers in terms of gross value surpassing Rs 1,800 crore. For… Continue reading Cars24 registers 87% growth in Q1 FY24, buys pre-owned cars worth Rs 1,800 crore from customers