Carmakers

Ma joined Nissan in 1996 in North America and worked in financial roles in China and Japan before being promoted to CFO in December of 2019

Mahindra & Mahindra will utilise its existing sales network to sell its electric vehicle range as the automaker looks to offer all the choices to customers under one roof, according to a top company executive. The Mumbai-based automajor, which sells models like Thar and Scorpio, has now expanded its electric vehicle range with the launch of two all-new ground up models -- BE 6e and XEV 9e. "One of the reasons, why we want to keep the sales channel the same, is because we want to give the customer the choice between ICE (internal combustion engine cars) and EVs," Mahindra & Mahindra (M&M) Executive Director and CEO for auto and farm sectors Rajesh Jejurikar told PTI in an interaction. He was replying to a query if the company would also look at establishing a separate sales network for its EV range. Rival Tata Motors has set up a separate sales channel to sell EV models. The deliveries of newly-introduced EV models -- BE 6e and XEV 9e are expected to begin in ...

Management will start the next round of negotiations with unions representing roughly 120,000 German workers on Thursday. Unions are demanding a 7 per cent pay rise

India is among the largest markets by volume and growing at a rapid pace, President of Uber India and South Asia Prabhjeet Singh has said, terming it an "incredibly important market" that presents a multi-decadal opportunity for the ride-hailing platform. Singh told PTI that mobility opportunity in India is "massive" and "underpenetrated". The company believes it has "barely scratched the surface" despite the strong line-up of products and services and the robust growth. "There is so much more to be done even though we are growing leaps and bounds," the top honcho of Uber India said. The mobility giant will continue to bring cutting-edge innovation to the market and also take India-first innovations to the rest of the world, he emphasised. "It is an incredibly important market, a multi-decadal opportunity," Singh said. India is one of the least-penetrated markets when it comes to ride-hailing, with less than a per cent of the trips in the city taking place on ride-hailing ...

Shares in the US EV maker, valued at over $11 billion, rose nearly 9 per cent in extended trading

Given the nationalistic and secretive nature of Beijing's government, the absence of confirmation can serve as further proof of just how devious its industrial policy is

The shift towards larger vehicles also impacted MSI's mini-segment cars and compact car sales

Raymond Group Chairman and Managing Director Gautam Singhania has blasted Italian carmaker Lamborghini for "arrogance" having failed to reach out to him regarding an issue with his car. Singhania had earlier tweeted on X about his Lamborghini Revuelto getting stranded at Mumbai's trans-harbour link due to a complete electrical failure. "I'm shocked at the arrogance of India Head @Agarwal_sharad and Asia Head Francesco Scardaoni. No one has reached out even to check what the customer issues are," he tweeted on Sunday. Lamborghini India could not immediately reach out about the matter. In a tweet on October 16, Singhania had noted that the Lamborghini India and Asia leadership failed to reach out to him despite him being an old loyal customer. "It is shocking that the India Head of Lamborghini @agarwal_sharad has not even bothered to make a phone call to enquire what the problem with an old loyal customer is. Is the brand arrogance getting to another level?" he tweeted. Earlier thi

India's passenger vehicle market is the third largest in the world now, at more than 4 million units a year, but car ownership remains low

(Reuters) - Mahindra & Mahindra led Indian carmakers' resurgence in sales in September, after a two-month lull, data showed on Tuesday, as dealers stocked up ahead of the festive season, although Tata Motors suffered as a tax change hurt EV sales.

To tackle the growing load on its service outlets, M&M is increasing productivity, expanding bay capacity, and rolling out remote software updates

Germany is confronting the most symbolic moment yet in its story of industrial decline as its biggest manufacturer is poised to cross the Rubicon of factory closures

The two new standards, IS 18590: 2024 and IS 18606: 2024, brought by the Bureau of Indian Standards (BIS), focus on the critical components of EVs, particularly the powertrain and batteries

China's current import tariff for cars is 15%

Tesla's efforts underscore the speed of the electric vehicle maker's pivot to bet on a breakthrough in AI at a time when EV demand has slowed and its competition has deepened

It also expects foreign exchange moves to boost its annual results, helping to offset inflationary pressures

The sales numbers are seen as a key indicator of private consumption in India. The auto sector has more than 50% weightage in calculating the country's economic growth

The rule requires that systems detect pedestrians in both daylight and at night. Some small-volume manufacturers will be allowed to comply by September 2030

Tesla said the change would allow the company to launch low-cost vehicles swiftly but would result in smaller cost reduction than had been expected and modest volume growth

BYD alone exported over 240,000 cars in 2023, about 8 per cent of its global sales, and plans to export up to 400,000 this year