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BMW ELECTRIC VEHICLES
BMW wants nearly one in three cars it sells in India to be electricBMW expects electric vehicles to account for more than 30% of its India sales by year-end, up from 26% currently. The luxury carmaker is al...- Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
- As Opel turns to Chinese partners, its hometown frets about the futureStruggling like many other European automakers, Opel is expanding its partnership with Leapmotor to build a new SUV, tapping the Hangzhou-b...
- 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 CEO vows to overhaul business after disappointing first halfThe company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructurin...
- Qualcomm wins BMW chip supply deal for future vehicle platformsQualcomm will supply chips for BMW's future digital cockpits and driver-assistance systems. This long-term agreement extends through the ne...
- 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 ...
- Confident of a 'breakout year' in FY 2027: Tata Technologies CEO & MD, Warren HarrisTata Technologies expects a significant growth year due to automotive manufacturers' increased investment. The company is securing full veh...
- 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...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
- 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....
- Car crisis takes toll on Germany's young engineersGerman engineers like Max Peil struggle to find employment despite qualifications. The nation's automotive sector faces painful adjustments...
- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- 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 ...
- Bajaj Allianz rejects car insurance claim saying damage didn't match owner's story: Court orders Rs 20 lakh compensation under the policyBajaj Allianz General Insurance rejected a Punjab man's Rs 20 lakh claim after his BMW was totalled in a road accident involving stray catt...
- Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
- 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...
- Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warningTata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to ...
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