New Delhi: Japanese auto major Suzuki Motor Corp expects car sales in India to grow 2% in the ongoing financial year and its local subsidiary, Maruti Suzuki, to perform better than the market, helping it recover lost market share in the country. India is a bright spot for the Japanese auto giant, accounting for as … Read more
TOKYO: Nissan will expand its electric vehicle lineup, develop more powerful batteries and cut production costs, while speeding up the whole process, in what the Japanese automaker‘s chief called “The Arc” pathway to higher sales by 2030. “The auto industry is now being forced to reshape its values so we can say continuous change is … Read more
Stellantis has announced plans to commence production of medium-sized electric vans at its Luton facility in England by 2025, marking a significant development for a factory that has been a cornerstone of van production for 92 years, reported Reuters. This decision provides a level of assurance for the future of the plant. Starting in the … Read more
Renault wants India to adhere to its regulatory roadmaps after the French automaker incurred unnecessary engineering costs following New Delhi’s decision to not implement a proposal mandating six airbags in cars, the company’s country head said. Renault has less than a 2% share of India’s thriving auto market and is planning more investments. But it … Read more
Korean auto major Kia Tuesday announced the appointment of Gwanggu Lee as the new Managing Director and CEO of its India operations with immediate effect. Lee succeeds will Tae Jin Park, who is retiring after a 36-year journey with Kia Corporation and 4 years with Kia India. With over 30 years of experience in the … Read more
Hyundai Motor India achieved the highest-ever domestic sales in the calendar year 2023, surpassing the six lakh sales milestone. The automaker recorded sales of 6,02,111 units, registering a 9 per cent increase over the previous year’s 5,52,511 units. Additionally, Hyundai Motor India elevated its export performance by 10 per cent, shipping 1,63,675 units in 2023 … Read more
Mahindra has revealed its sales figures for November 2023 and with a healthy demand during the festive season, the automaker sold a total of 70,576 units in the month, registering a significant growth of 21 percent as against the numbers posted in the corresponding month last year. In the domestic market, Mahindra’s sales in the … Read more
TOKYO: Toyota Motor said on Wednesday its October global vehicle production hit a record for that month, helped by an easing of the semiconductor shortage and defying the impact of an accident at a supplier facility. The world’s largest automaker by sales said it produced 900,285 vehicles worldwide, up 16.7% from the same period a … Read more