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Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR

Kia global CEO targets annual sales of 4 lakh units in India by 2030, expects 10% CAGR

Ketan Thakkar     calendar05 Apr 2024

The South Korean carmaker expects India to grow at double the pace of global growth by 2030. It has set itself a target of 4.3 million worldwide sales by 2030, which is a growth of over 4.3% in 7 years.

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Ather Rizta unveiled ahead of launch News
Ather Rizta unveiled ahead of launch

By Rishaad Mody, Autocar India calendar05 Apr 2024

This is the first Ather e-scooter to use rear drum brake.

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Lectrix EV appoints Pritesh Talwar as President- EV Business News
Lectrix EV appoints Pritesh Talwar as President- EV Business

autherAutocar Professional Bureau calendar05 Apr 2024

He has led large cross-functional teams and handled businesses worth over $100 million, with blue-chip multinationals ...

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Exclusive: K Vijaya Kumar appointed CEO of Greaves Electric Mobility as Sanjay Behl steps down News
Exclusive: K Vijaya Kumar appointed CEO of Greaves Electric Mobility as Sanjay Behl steps down

By Ketan Thakkar calendar05 Apr 2024

A former president at Greaves, the company will be banking on Vijaya Kumar's new strategy to come back in the reckonin...

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Lexus India launches NX 350h Overtrail edition, priced at Rs 71.17 lakh News
Lexus India launches NX 350h Overtrail edition, priced at Rs 71.17 lakh

autherAutocar Professional Bureau calendar04 Apr 2024

The Lexus 350h Overtrail edition is available in a single, exclusive paint shade called ‘Moon Desert’, which is simila...

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Hero MotoCorp gets Rs 605 crore demand notice from Income Tax dept News
Hero MotoCorp gets Rs 605 crore demand notice from Income Tax dept

autherAutocar Professional Bureau calendar04 Apr 2024

“The company has received the aforesaid orders / notices pertaining to six assessment years, amounting to a tax demand...

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Tesla begins production of cars in Germany for India exports this year: Report News
Tesla begins production of cars in Germany for India exports this year: Report

autherAutocar Professional Bureau calendar04 Apr 2024

"The right-hand drive cars which will be allocated to India, they have started building them," one of the people said,...

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India's CV market hits speed bump as small commercial vehicle sales slow News
India's CV market hits speed bump as small commercial vehicle sales slow

By Shahkar Abidi calendar04 Apr 2024

In contrast, the bus segment extended its rally for a third year, surging 30% YoY to 109,212 units and surpassing pre-...

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Vedanta Aluminium expands alumina refining capacity to 3.5 million tonnes per annum  News
Vedanta Aluminium expands alumina refining capacity to 3.5 million tonnes per annum 

autherAutocar Professional Bureau calendar04 Apr 2024

The expansion strengthens Vedanta's vertical integration strategy, as it aims to meet the growing demand for its alumi...

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Daewoo delays India e-two wheeler launch on policy, business model concerns News
Daewoo delays India e-two wheeler launch on policy, business model concerns

By Shahkar Abidi calendar04 Apr 2024

Bhatia's remarks should be seen in the context of the latest notification from the Ministry of Heavy Industries, which...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

64.09%

No

 

35.91%

Total Votes : 724