Tag: VW

MINI Convertible Sells Out Within 24 Hours of India Launch

BMW Group India has announced that the first batch of the all-new MINI Convertible was completely sold out within 24 hours of its launch in the Indian market on December 12, 2025. The vehicle, imported as a completely-built-up unit, was introduced at an ex-showroom price of INR 58,50,000. The rapid sellout has prompted the company… Continue reading MINI Convertible Sells Out Within 24 Hours of India Launch

Merz hails EU auto measures, industry group calls them ‘disastrous’

However top Germany auto industry group the VDA was scathing in its criticism, slamming what it said were ill-conceived measures. German Chancellor Friedrich Merz Tuesday hailed the EU’s proposals to help the struggling auto sector and manufacturers gave them a cautious welcome — but an industry group slammed the measures as “disastrous”. The German leader… Continue reading Merz hails EU auto measures, industry group calls them ‘disastrous’

EU drops 2035 combustion engine ban as global EV shift faces reset

The European Commission unveiled a plan on Tuesday to drop the EU’s effective ban on new combustion-engine cars from 2035 after pressure from the region’s auto sector, marking the bloc’s biggest retreat from its green policies in recent years. The move, which still needs approval from EU governments and the European Parliament, would allow continued… Continue reading EU drops 2035 combustion engine ban as global EV shift faces reset

UTI Investments Partners with FTSE Russell to Transition its Sovereign Bond ETF Benchmark

LONDON and PARIS, Dec. 17, 2025 /PRNewswire/ — UTI Investments announced that its Sovereign Bond ETF (Bloomberg Ticker: UIGB NA Equity) has transitioned its benchmark from Nifty India Government Fully Accessible Route (FAR) Select 7 Bonds Index (USD) to the FTSE Indian Government Bond FAR Index (Bloomberg Ticker: CFIIFARU). The change is part of UTI… Continue reading UTI Investments Partners with FTSE Russell to Transition its Sovereign Bond ETF Benchmark

EU Revises 2035 Emissions Target, Allows Combustion Engines with Offsets: Reuters

The European Commission unveiled a plan on December 16 to revise its effective ban on new combustion-engine cars from 2035, according to Reuters. The proposal marks a shift in EU climate policy following pressure from the automotive sector in Germany and Italy. Under the revised plan, EU targets would shift to a 90% cut in… Continue reading EU Revises 2035 Emissions Target, Allows Combustion Engines with Offsets: Reuters

EU drops 2035 combustion engine ban after automaker pressure

The EV industry warned that easing emissions targets could undermine investment and leave Europe falling further behind China in the shift to cleaner driving. The European Commission proposed on Tuesday dropping the EU’s effective ban on new combustion-engine cars from 2035 by allowing continued sales of some non-electric vehicles following intense pressure from Germany, Italy… Continue reading EU drops 2035 combustion engine ban after automaker pressure

Jaguar boss: ‘We didn’t take time to explain why we had to change’

Are we still right to quote a price of £120,000? “We believe the core price will be £117,000 to £120,000 but there’s a design vision that owners who choose the highest-output model and take advantage of the opportunities we’ll provide to personalise their cars could pay £150,000 or more.  There’s a big gap between the… Continue reading Jaguar boss: ‘We didn’t take time to explain why we had to change’