On a year-on-year basis, the OEMs saw improved performance owing to the easing of chip supplies, softening of commodity prices, new launches, and a Covid-free festive season after two years. New Delhi: After braving two years of difficult times, the Indian automobile industry finally seems to be coming out of the woods in the first… Continue reading H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers
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Britishvolt in emergency funding talks to avoid pre-Christmas collapse
Seven potential suitors include Tata Motors in process that may lead to takeover Go to Source
Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%
Investing strongly for the next phase of growth – 1500+ Elxsians added in Q2FY23 along with new facilities in Bengaluru, Chennai, Kozhikode and Hyderabad BANGALORE, India, Oct. 14, 2022 /PRNewswire/ — Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world’s leading providers of design-led technology services, announced its second quarter results for the period ending 30th… Continue reading Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%
New Vehicle Supply Up, Prices Down in September
Full-size pickup trucks from domestic automakers had the highest inventory, back to levels similar to pre-pandemic days. As has been the case for months, larger and luxury cars also had inventory at the higher end of the spectrum. Graphic: Cox Automotive New-vehicle inventory closed September at its highest level since early June 2021, and the… Continue reading New Vehicle Supply Up, Prices Down in September
Clean Technica: US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%002310
US auto sales were up 1% in the 3rd quarter of 2022 compared to the 3rd quarter of 2021, but they were down 13% compared to the 3rd quarter of 2020 and down 21% compared to the 3rd quarter of 2019, which we use as a bit of a control year since it was before… Continue reading Clean Technica: US Auto Sales Down 21% vs. Q3 2019 — Tesla Up 169%002310
BEON1X music fest erupted into a crowded rave and eco-revolution in Cyprus
LARNACA, Cyprus, Oct. 13, 2022 /PRNewswire/ — The first two-weekend long BEON1X Open Mind Music Festival came to an end as over 16000 people tore up the dance floor, while 40 top DJs kicked up their heels and organizers utilized all the recyclable garbage from the event. The festival paved the way for the more… Continue reading BEON1X music fest erupted into a crowded rave and eco-revolution in Cyprus
New Vehicle Prices Back Off Record High
Slight price dips are emerging among some automakers, but overall new vehicle prices are still above sticker and above last year. Graphic: Kelley Blue Book The average price paid for a new vehicle in the U.S. in September 2022 was down from August’s record but remains solidly above the $48,000 mark, according to new data… Continue reading New Vehicle Prices Back Off Record High
@Tata: Tata Motors continues its association with Jamshedpur FC000444
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@Tata: Tata Motors partners with Tata Power to develop a 7 MW solar project at its Pant ..000443
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Polestar 3 electric SUV brings 510bhp for £85,500
The new Polestar 3 will arrive with up to 510bhp from a dual-motor electric powertrain, a host of advanced safety features and extensive use of sustainable materials – with its maker claiming this makes the SUV “more relevant and responsible”. The BMW iX and Jaguar I-Pace rival is the second series-production model from the Volvo spin-off brand… Continue reading Polestar 3 electric SUV brings 510bhp for £85,500