LEGACY AUTOMAKERS
Volkswagen's $5 billion investment in Rivian boosts EV maker's shares Rivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant step towards technological advancement and financial sustainability in the competitive electric vehicle marke...
26 Jun, 2024, 07.43 AM ISTHow China's EV makers aim to beat Tesla, legacy automakers in Europe Chinese EV titans BYD, Chery and Great Wall Motor (GWM) are preparing a fusillade of product launches - about 20 over the next five years - and spending heavily on sales and marketing in their most important export market.
30 May, 2024, 10.53 AM ISTAnand Mahindra's 'Kitne Scorpio the' response goes viral, netizens share hilarious memes Anand Mahindra engages humorously on social media, referencing 'Sholay' and the iconic Scorpio SUV. The Mahindra Group chairman's witty interactions and the Scorpio's market dominance showcase the brand's enduring popularity and success in India.
29 May, 2024, 04.05 PM IST- ADVERTISEMENT
Ford losing $100,000 per every electric vehicle: Report Ford Motor Co faces losses from electric vehicles, cutting orders and fast-tracking small EVs to compete with Tesla. CEO Jim Farley acknowledges challenges. Tesla, Elon Musk, and CFO John Lawler's comments on pricing pressure and EV costs are key. F...
15 May, 2024, 05.53 PM ISTUS autocos race to build more hybrids as EV sales slow US sees rising hybrid vehicle sales amid declining electric-vehicle sales. Automakers shift focus to meet consumer demand for hybrids, navigating Biden administration's EV policies and environmental concerns about CO2 emissions.
16 Mar, 2024, 12.55 AM ISTIn EV catch-up race, legacy automakers hitch a lift with Formula E Formula E has struggled to win over many motorsports enthusiasts, with Formula One still attracting significantly bigger audiences because electric cars lack the sustained power and noise of the internal combustion engine. But legacy automakers with...
23 Jan, 2024, 12.55 PM ISTHyundai Creta: Automaker unveils new features; ADAS and other key features confirmed Hyundai India is gearing up to enhance its existing lineup in the country by launching the updated Creta Facelift on January 16, 2024. Bookings for the 2024 version of the Creta have already begun, with an initial booking amount of Rs. 25,000. The S...
06 Jan, 2024, 03.54 PM ISTChinese auto giant BYD sells more electric vehicles than ever But BYD last year sold 1.6 million fully electric vehicles and another 1.4 million hybrids, which are powered by both batteries and gasoline. Together that is a 62% increase over 2022. BYD is also making money, tripling its profit to $1.5 billion in...
02 Jan, 2024, 12.05 AM ISTChina poses another threat to the West, this time aimed at automakers Chinese electric vehicle (EV) manufacturers are expected to almost double their global market share to 33% by the end of the decade, causing Western automakers to lose a fifth of their market share, according to UBS Group AG analysts. Chinese automa...
05 Sep, 2023, 02.37 PM ISTE-scooter launch: startups outpace legacy auto companies Established players continue to dominate the electric passenger vehicle segment
19 Jun, 2023, 11.31 AM ISTMaruti Suzuki Jimny: A legacy reborn | First drive The Maruti Suzuki Jimny is here. India’s largest carmaker Maruti Suzuki, has already got 30,000 bookings for Jimny and is confident that it has the potential to double the sales volume in the lifestyle SUV segment. Deepanshu Taumar of ETAuto rides t...
26 May, 2023, 04.28 PM ISTJimny to have positive rub off effect on Maruti brand as automaker eyes top spot in SUV space Maruti Suzuki India expects its new offering Jimny to not only bring in volumes but also establish its credentials as a formidable player in the rapidly growing sports utility vehicle segment where it is eyeing the top slot, according to a senior co...
24 May, 2023, 12.42 PM ISTChina's Huawei partners with more automakers to produce Aito EVs Huawei will team up with Chery Automobile, BAIC Motor and Anhui Jianghuai Automobile Group in jointly developing and manufacturing Aito-branded vehicles, Richard Yux, Huawei's Smart Car CEO, said at the China EV 100 forum in Beijing.
01 Apr, 2023, 05.50 PM ISTRivian stock skids as legacy automakers rev up EV targets Rivian's stock has slumped about 14% since the start of Wednesday, when Amazon.com Inc, one of Rivian's biggest investors, said it teamed up with carmaker Stellantis NV .
07 Jan, 2022, 08.20 AM ISTIndia urges its automakers to cut reliance on imports from China While India’s government is pushing local automakers to shift to EVs, the shift is happening far more slowly than other countries, with battery models accounting for only 1% of the nation’s annual car sales.
27 Aug, 2021, 09.07 AM ISTPratap Bose resigns as Tata Motors design head, Martin Uhlarik to succeed him Uhlarik will continue to operate from Tata Motors European Technical Centre (TMETC) in the UK and will lead teams across the three Tata Motors Design centres in Coventry (UK), Turin (Italy) and Pune, as per a statement by the company.
29 Apr, 2021, 10.32 AM ISTTata Motors to tap JLR synergy for SUVs The firm, which on Monday launched the all-new Safari SUV with introductory prices ranging from Rs 14.69 lakh to Rs 21.45 lakh, is seeking to build on the legacy of the Safari brand which “has played a leading role in shaping the Indian SUV market”.
23 Feb, 2021, 12.06 AM ISTHigh on nationalism: It's 'Chak De India' for homegrown automakers “All brands live within an ecosystem and brands believe that if they wear nationalism on their sleeves, it rubs off on the consumer,” said Harish Bijoor, a brand strategy expert and founder of Harish Bijoor Consults.
12 Sep, 2020, 07.06 AM ISTTesla CEO Elon Musk says open to supplying batteries to other automakers Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the U.S. electric car maker has a competitive edge compared with legacy ...
29 Jul, 2020, 10.29 AM ISTCan Jeep Compass steer around Fiat’s fortunes in India? Fiat has been in India longer than any other foreign carmaker and yet, had little to show for it in recent years. Jeep Compass is steering its fortunes around.
08 Jul, 2018, 10.50 AM IST