Tesla retreats from next-generation 'gigacasting' manufacturing process
Tesla and Musk have said gigacasting helps the automaker reduce costs over the long term. Tesla has ...
sales
Mercedes retreats to gas guzzlers as EVs fail to boost profit
Mercedes isn’t the only carmaker feeling the pain of weaker demand for EVs, as governments ended luc...
Tesla sends top executive back to China amid weak sales
The decline came even as overall new-energy passenger vehicles wholesales were estimated at 800,000 ...
Suzuki to expand SUV portfolio to recover market share in India; reports strong financial growth
The company's market share has come down to around 42% from over 50% a couple of years back in the d...
Hybrids catching up fast with EVs; Maruti, Toyota driving growth
With demand remaining strong, and automakers such as Hyundai Motor and Kia reportedly exploring the ...
Car dealers may end up with 400K unit inventory as demand cools off
Automakers are expected to end May with wholesales or factory despatches to dealers of 340,000-350,0...
NMDC reports 37% drop in iron ore production in May 2024
Under the Ministry of Steel, Hyderabad-based NMDC caters to India's around 20% demand for the key st...
Mahindra SUVs have fewer dips below 0% CAGR, indicating stronger demand growth compared to Tata SUVs...
Amid demand slowdown, EVs plug into PE recharging infrastructure
Some of the top deals include Exedy's $150 million bet on Omega Seiki Mobility, an electric three-wh...
Premiumisation in India's consumption continues unabated in first half of 2024
Sales of these vehicles grew at more than twice the rate of the overall industry - by 13% to nearly ...
Hero MotoCorp domestic sales rise 4% with 4,92,263 units in August
Hero MotoCorp sales increased 5 %.New Delhi: Hero MotoCorp on Sunday said its wholesales increased 5...
Ola Electric's market share drops to 31 % in August, share extends losses
The company’s retail sales of 27,506 units are its lowest in the calendar year to date.Bhavish Aggar...
Festive Season Outlook: India braces for potential discounts as consumer demand remains tepid
Aggressive offers by the brands during the festive season. As India enters the festive season with O...
