Kia is challenging a $14 million Indian tax demand over claims it wrongly used free trade agreements for lower tariffs on electronic car pa...

India has accused Kia of evading $155 million in taxes by misclassifying component imports for its Carnival minivan. Kia denies the allegat...

The decision by Hertz to sell one-third of its electric vehicle fleet due to rapid depreciation has raised concerns about the viability of ...

Worldwide, Vinfast sold just 19,562 EVs from April-September, well below its 2023 target of 50,000. But Vinfast is committed to riding the ...

Senior officials from the Korea Trade-Investment Promotion Agency (Kotra) and the local chamber of Korean investors have alleged that the f...

This is an asset-light deal and the property, Raheja Woods IT Tower, will provide desk-space of 1,500. The office building comprising five ...

The company will stop producing Jazz after October 2022 while the crossover WR-V will not be produced beyond March 2023. The carmaker will ...

Nomura India said Scorpio-N appears to have been designed with a focus on customers rather than competing with any specific product. It sai...

The Seoul-headquartered company had said in an investors call earlier that backorder in India is increasing despite efforts to maximise pro...

The proposed SUV is based on a flexible platform, allowing Kia to launch a mass market entry level petrol SUV besides the EV, they said. Wh...

Including exports, Kia expects to produce 300,000-350,000 units this year, making it the quickest automaker in India to reach that annual m...

Earlier this week, Maruti faced a downgrade by CLSA, which lowered the carmaker’s stock to ‘sell’ from ‘underperform’, based on it consiste...

SUVs are the darling of both manufacturers and customers. Apart from the potential for large volumes, SUVs are high on margins. Consumers a...

The ones who got their strategy right and helped shore up profits and sales are the South Korean carmakers - Hyundai and Kia, which made it...

MG Motor has already made a financial commitment or entered into a commercial agreement with 16 startups to deliver a modern car that appea...

Experts say it's more to do with alerting the potential customer that there is another model in the same segment to be launched soon." It's...

Passenger vehicle sales are making a slow but steady come back. But the market share positions of automakers are in a flux.