Foxtron faced financial losses in both 2021 and 2022, raising doubts about a swift turnaround in the next two years.
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TVS has entered into a strategic partnership with Switzerland’s Emil Frey Group for the import and distribution of its two-wheelers in Europe.
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Adopting technology directly from motorsports, the centre lock wheels can be retrofitted in the performance range of BMW M cars such as the M2, M3 …
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Panasonic Holdings plans to sell a stake in its automotive systems business to funds managed by U.S. private equity firm Apollo Global Management
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One of the key agendas of these upgrades is to enable mixed production of internal combustion engine (ICE) models and EVs on existing assembly lines.
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The move is a part of sustainable fleet expansion exercise in order to accelerate the UK’s electric mobility.
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Kia has updated the Sorento SUV in the US with a mid-lifecycle design refresh, new features and an offroad-specific X-Pro variant.
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INDUSTRY NEWSLatest NewsNEW LAUNCHES
Honda goes after Royal Enfield Classic 350, new CB350 launched at ₹2 lakh
With the launch of the CB350, Honda has made it quite clear it wants a slice of the Classic 350’s pie. The bike borrows its …
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INDUSTRY NEWSLatest News
British stunt driver sets Guinness World Record for tightest gap side wheelie
The world record by Paul Swift was set earlier this month when he drove through a gap of just 88 cm on two wheels of …
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INDUSTRY NEWSLatest News
U.S. judge rejects Hyundai, Kia’s bid to dismiss USD 1 bn vehicle theft lawsuit
by Biplab Dasby Biplab DasThe insurers aim to recover more than USD 1 billion, claiming the automakers owe compensation to drivers whose vehicles were stolen or damaged.