New Automotive “Inventory Efficiency Index” (Patent Pending) Ranks High-Performing and Challenged Automotive Brands GRAND RAPIDS, Mich., March 2, 2023 /PRNewswire/ — As new vehicle inventory levels continue to recover from supply-chain driven lows in 2021/2022, it is crucial that OEMs and their agency partners understand if vehicles are selling efficiently or if they need a… Continue reading Kia, Lexus Lead the Industry in Moving Inventory
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Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23
Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23 Maruti Suzuki, India’s largest car maker continues to face disruption in supplies of semiconductor chips and it has guided for higher impact in the month of March than what it encountered in the month… Continue reading Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23
Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23
Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23 Maruti Suzuki, India’s largest car maker continues to face disruption in supplies of semiconductor chips and it has guided for higher impact in the month of March than what it encountered in the month… Continue reading Chip shortage may lead to a production loss of 1.75 lakh units or Rs 11000 crore for Maruti Suzuki in FY-23
Tata Motors signs MoU with SBI for eCV financing
Tata Motors, leading commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), to offer financing solutions for purchasing the all-new Tata Ace EV. Through this partnership, Tata Motors will leverage SBI’s strong network to make these solutions accessible to customers. Pravin Raghavendra, Deputy Managing Director (Retail – Agri, SME… Continue reading Tata Motors signs MoU with SBI for eCV financing
Tata Motors signs MoU with SBI for eCV financing
Tata Motors, leading commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), to offer financing solutions for purchasing the all-new Tata Ace EV. Through this partnership, Tata Motors will leverage SBI’s strong network to make these solutions accessible to customers. Pravin Raghavendra, Deputy Managing Director (Retail – Agri, SME… Continue reading Tata Motors signs MoU with SBI for eCV financing
Tata Motors signs MoU with SBI for eCV financing
Tata Motors, leading commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), to offer financing solutions for purchasing the all-new Tata Ace EV. Through this partnership, Tata Motors will leverage SBI’s strong network to make these solutions accessible to customers. Pravin Raghavendra, Deputy Managing Director (Retail – Agri, SME… Continue reading Tata Motors signs MoU with SBI for eCV financing
Lucid Motors Opens First Retail Studio in Oslo, Norway, and Adds Michael van der Sande as Managing Director for Europe
AMSTERDAM, March 2, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID) setting new standards with the longest-range, fastest-charging electric car on the market, today announced the opening of its newest European retail location in Oslo, Norway. The Oslo location marks the fourth retail space in Europe and will open to the public beginning Saturday, March… Continue reading Lucid Motors Opens First Retail Studio in Oslo, Norway, and Adds Michael van der Sande as Managing Director for Europe
GameOn Announces Grant Funding From The HBAR Foundation
VANCOUVER, BC, March 2, 2023 /PRNewswire/ — GameOn (CSE: GET) (OTCQB: GMETF), a leading B2B technology company partnered with the world’s biggest IPs to launch, operate, and monetize web3 games, today announces a grant from The HBAR Foundation. The funding is non-dilutive and will see GameOn launch Karateka on the Hedera network, with a second… Continue reading GameOn Announces Grant Funding From The HBAR Foundation
Auto Wholesales in February 2023: YoY dispatches in green, sentiments look positive
The passenger vehicle dispatches at 3.35 lakh units is the best-ever for the month of February. New Delhi: The domestic vehicle dispatches in February were green and reflected an overall positive trend on a year-on-year basis. Following the ease in production constraints, domestic wholesales of passenger vehicles (PVs) during February 2023 stands at about 3.35… Continue reading Auto Wholesales in February 2023: YoY dispatches in green, sentiments look positive
Car and SUV sales surpass 300,000 units for eighth time in 11 months of FY2023
India’s passenger vehicle growth story has continued its march in February 2023. At 317,905 units, which constitute the wholesale numbers released by eight carmakers (see data table below), the industry has driven past the 300,000-unit mark for the eighth month in the first 11 months of the ongoing fiscal year. The festive month of September… Continue reading Car and SUV sales surpass 300,000 units for eighth time in 11 months of FY2023