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Hyundai breaks ground on new EV-only plant in Korea

Hyundai breaks ground on new EV-only plant in Korea

autherAutocar Professional Bureau     calendar15 Nov 2023

$1.53 billion EV-dedicated facility in Ulsan will be Hyundai Motor’s first new plant in Korea in 29 years; will have manufacturing capacity of 200,000 EVs per year; construction slated for completion in 2025; mass EV production planned for ...

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Mercedes-Benz readies seven models for highly automated and driverless parking at Stuttgart Airport News International
Mercedes-Benz readies seven models for highly automated and driverless parking at Stuttgart Airport

autherAutocar Professional Bureau calendar13 Nov 2023

Following the S-Class, EQS and the EQE sedan, luxury carmaker equips new E-Class sedan and estate, EQE and the EQS SUV...

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Volvo’s first MPV is electric luxury model with 750km range News International
Volvo’s first MPV is electric luxury model with 750km range

By Felix Page, Autocar UK calendar13 Nov 2023

Third new Volvo to be revealed in the last 12 months is first MPV for the carmaker; 116kWh battery gives a range of 45...

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Car makers deliver 41,000 cars and SUVs on Dhanteras News
Car makers deliver 41,000 cars and SUVs on Dhanteras

By Ketan Thakkar calendar11 Nov 2023

Market leader Maruti Suzuki delivered close to 21,000 cars on Friday - registering a growth of over 70 percent over th...

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Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra News
Want to be in mode of rapid growth, open to inorganic opportunities – Anish Shah, MD Mahindra & Mahindra

By Ketan Thakkar calendar10 Nov 2023

The company is already the number 2 SUV maker in volumes and number1 SUV maker in terms of revenues.

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Mahindra & Mahindra continues to garner 51,000 bookings per month, pending order book at 2.86 lakh units News
Mahindra & Mahindra continues to garner 51,000 bookings per month, pending order book at 2.86 lakh units

By Ketan Thakkar and Amit Vijay M calendar10 Nov 2023

Mahindra & Mahindra sold 1,14,742 SUVs during July to September 2023.

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Renault Korea Motors to contract-manufacture Polestar 4 at Busan plant News International
Renault Korea Motors to contract-manufacture Polestar 4 at Busan plant

autherAutocar Professional Bureau calendar10 Nov 2023

Polestar inks pact with Renault Korea Motors to manufacture the Polestar 4 BEV at the Busan plant, targets demand in N...

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Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore News
Landmark Cars Q2FY24 net profit surges 22% to Rs. 20.5 crore

autherAutocar Professional Bureau calendar09 Nov 2023

The company's proforma revenues stood at Rs 1120 crore during Q2 FY24 as against Rs 1148 crore in Q2 FY23.

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Nissan registers 30% growth in H1 FY23 revenues to 6 trillion yen News
Nissan registers 30% growth in H1 FY23 revenues to 6 trillion yen

autherAutocar Professional Bureau calendar09 Nov 2023

The Japanese automaker has revised upwards its full-year revenue and profit outlook despite declining sales in China o...

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Lotus marks India entry with Rs 2.55 crore Eletre SUV News
Lotus marks India entry with Rs 2.55 crore Eletre SUV

By Saptarshi Mondal, Autocar India calendar09 Nov 2023

The brand’s global portfolio has 3 EVs and 1 petrol sportscar.

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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

 

65.09%

No

 

34.91%

Total Votes : 908