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LMC AUTOMOTIVE
Landmark Cars IPO kicks off: Can this car retailer deliver big gains?Incorporated in 1998, Landmark Cars is a leading premium automotive retail business in India with dealerships for Mercedes-Benz, Honda, Jee...- Buying an EV may not be a luxury soon as competition heats upTata Motors is the leader in the Indian electric PV segment with its Nexon, Tigor and Tiago. It will see competition from Maruti Suzuki, Ma...
- Global automakers such as General Motors, Volkswagen face electric shock in ChinaThere are no foreign brands among the top 10 automakers in the new energy vehicle segment this year, with the notable exception of Tesla in...
- Honda changing course, will build its own electric vehicles"It's absolutely our intention to produce in our factories," Honda of America Executive Vice President Dave Gardner said, adding that Honda...
- COVID deals new blow to foreign carmakers' Indian dreamCarmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is like...
- Vehicle unit sales forecast down 5-10 percentage points for FY22Vehicle retailing in India declined more than 30% in April, registration data showed, and is expected to fall to just a quarter of May 2019...
- Joe Biden aims to juice EV sales, but would his plan work?Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck o...
- Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant: SourcesXiaomi, one of the world's biggest smartphone makers, is in talks to use one of Great Wall's plants in China to make EVs under its own bran...
- Automakers embrace electric vehicles. But what about buyers?Instead, Bock, of suburban Raleigh, North Carolina, settled on a Subaru Outback. Like nearly every other vehicle sold in the United States,...
- Long road for Tesla in India with infrastructure, supply chain woesIndia's fledgling electric vehicle (EV) market accounted for only 5,000 out of a total 2.4 million cars sold in the country last year. A la...
- Jaguar's Indian revival choked on European diesel, China slumpChina’s slowdown had badly hit sales of JLR auto brands in what was once the carmaker’s key market.
- Tesla CEO Musk breaks ground at Shanghai Gigafactory to launch China pushAt a ceremony at the site of the plant on the outskirts of Shanghai, Chief Executive Elon Musk joined the city's mayor and other local gove...
- China's Dongfeng and Peugeot to agree on capital tie-up-sourcePeugeot is among the worst casualties of Europe's six-year market slump and is being kept alive by state guarantees that expire next year.
- Volkswagen poised to beat General Motors for China crownData show that in the first 11 months of the current year, the German automaker sold 70,000 more units than the American giant.
- Volkswagen's vehicle recall reflects perils of too much success in ChinaVolkswagen recall reflects perils of too much success in China, Daimler and Bayerische Motoren Werke (BMW) posted record 2012 sales fuelled...
- Platinum rises to three-month high on production cutsPlatinum surged to a threemonth high, exceeding the price of gold for the first time since April, after the world’s largest producer said i...
- Mercedes sets up luxury-car facility in Hungary to compete with BMWThe factory will help meet its goal of boosting sales 27% by 2015, while at the same time raising profitability with models like the A-Clas...
- European car sales dip most in a year on weak economyEuropean car sales dropped the most in more than a year, led by Renault SA and PSA Peugeot Citroen as consumers shied away from purchases a...
- Geneva International Motor Show: Mercedes A-Class attacks from behind with iPhoneMercedes-Benz will kick off its effort to regain lost ground in the luxury-car race with a sporty hatchback targeted at users of Apple Inc....
- Carmakers to use $7 billion of platinum in catalytic converters for diminishing supply glutAbout 3.82 million ounces will go into auto catalysts, 17% more than this year and the most since 2007, Morgan Stanley estimates.
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