Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
Honda outsources new vehicle program to Tata Tech to cut costsHonda has outsourced a new vehicle platform development to Tata Technologies. This move aims to significantly reduce costs and accelerate i...
BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
EVs are emerging as the new choice for long-distance travel: BMW's Hardeep Singh BrarElectric vehicles are increasingly replacing diesel for longer journeys in India. BMW India reports a significant rise in electric vehicle ...
Mercedes India urges phased shift to higher ethanol blendsMercedes-Benz requests a gradual shift to higher ethanol fuel blends. Automakers need sufficient time to adapt their vehicles for these cha...
Explained: Why Tesla shares crashed 7% to record worst single-day fall in 1 year despite record Q2 salesTesla shares plunged over 7% despite the EV maker reporting record second-quarter deliveries that beat Wall Street estimates. Analysts attr...
Falling crude, stable macros set stage for India's next growth phase: Aditya KondawarIndia's equity markets face a crucial earnings season with supportive macroeconomics, yet IT sector sentiment is dampened by AI uncertainti...
New rules from July 1, 2026: Aadhaar update, passport fees, LPG prices, credit cards, railways and other major changes explainedSeveral important financial and regulatory changes have come into effect from July 1, 2026, impacting taxpayers, Aadhaar holders, passport ...
Ferrari and BMW join Tesla, China in switch from copper to cheaper aluminiumLuxury carmakers Ferrari and BMW are embracing aluminium wiring, following Tesla and Chinese EV manufacturers. This significant industry sh...
At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
EV demand surges in India as fuel prices rise; Maruti, Mercedes-Benz face delivery delaysElectric car demand is surging across India. Manufacturers are unable to meet this sudden rise, causing wait times of up to three months fo...
Car buyers eye upgrade amid a flurry of premium modelsRising demand for premium passenger vehicles is leading automakers to focus on this segment with new offerings, particularly in the electri...
BMW is a surprise winner in Electric VehiclesBMW's strategy of using the same body for electric and traditional cars paid off, with 376,000 EVs sold in 2023, accounting for 15% of sale...
Why BMW ups its bets on TVS Motor Partnership, and IndiaTVS Motor accounts for 12% of BMW Motorrad's global production. With the new move in the electric mobility space, and with more ICE (Intern...
Local assembly of EVs in India just a matter of time: BMWBMW plans to locally produce electric vehicles (EVs) in India as it expects to increase the share of EVs in sales to up to 25% by 2025 from...