Searched for
AUTOMAKER PORTFOLIO RESTRUCTURING
Renault redraws India playbook with major operational rejig, export ambitions in focusRenault is reorganizing its Indian business. The company is separating powertrain manufacturing into a dedicated unit. Vehicle manufacturin...- Nissan to trim global car lineup, boost use of AI driving techNissan is set to simplify its car models globally. The company aims to use artificial intelligence in most of its vehicles. Sales targets a...
- Jeep maker Stellantis weighs sale among options for Maserati, sources sayStellantis is reportedly considering selling its luxury Maserati unit amidst struggles with falling sales and an adjusted operating loss. T...
- Nissan shares jump 11% on reported plan to seek Tesla investmentShares in Nissan surged 11 percent Friday after a report said a high-level Japanese group including a former prime minister planned to ask ...
- Fundamental Radar: Maruti Suzuki to see 18% revenue CAGR; Sneha Poddar explains howMaruti Suzuki India is aiming to achieve a leadership position in the SUV segment by the end of the current financial year. The company is ...
- Auto cos in EV shift, go slow on old engine modelsThe number of petrol and dieselpowered models sold in the Indian market has reduced 20% in about four years — to 136 as of December 2022 fr...
- Honda expects India business to get back on track as it looks to re-enter SUV segment next yearThe company, which is present through a wholly-owned subsidiary in the country, currently does not have presence in the sports utility vehi...
- In rejig mode, Mahindra & Mahindra plans new logo for SUVsThe new monogram for the SUV line-up is likely to be unveiled ahead of the upcoming XUV 700 launch, which is slated in the coming weeks. Th...
- Mahindra to focus on SUVs, electric after ending Ford JV talksAnish Shah, the deputy managing director, said Mahindra will focus mainly on large SUVs for its core India market in the short term and mov...
- Nissan forecasts record $4.5 bn annual loss as pandemic hinders turnaround effortsIn the first quarter, Nissan posted an operating loss of 153.9 billion yen, its second consecutive quarterly loss after falling 94.8 billio...
- Ford to put struggling India business into venture with MahindraMahindra, one of India’s largest automakers, will own 51% of the new entity, sources said.
- Volkswagen group recasts structure to make quicker decisionsSkoda will manage the production and engineering operations of India-specific products for both the mass-market brands.
- Sensex slips over 100 pts, Nifty50 tests 10,200; Adani Group stocks decline up to 3%Benchmark indices opened on a lower note on Wednesday amid weakness in banking counters.
- Volkswagen look to make India its future engineering hubIt is considering making India the lead country in defining future product portfolio for markets such as South America, the Middle East & R...
- ADAG set to manage $2.5 bn Malaysian govt fundsReliance Capital Asset Management Company is negotiating with Malaysia to manage up to $5 billion (Rs 23,000 crore) of public and governmen...
- GM loses 6 bn dollars as revenues plunge by halfGeneral Motors reported a six-billion-dollar first-quarter loss Thursday as global sales crashed amid speculation that the troubled US auto...
- GM may drop GMC, Pontiac models to keep bailout moneyGeneral Motors Corp, facing a June 1 US-backed bankruptcy, may drop its Pontiac and GMC brands as part of broader cost-cutting moves.
- GM to close four plants, launch new 'green' vehiclesGeneral Motors Corp said on Tuesday it was closing four truck and sports utility vehicle plants and launching a new series of environmental...
- Ajay Bajaj quits LGIt’s yet another season of manpower movement at consumer durable maker LG Electronics India. The head of its airconditioners business, Ajay...
- Ajay Bajaj quits LG to join VideoconIt’s yet another season of manpower movement at consumer durable maker LG Electronics India.
Load More
