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Mirae Asset Venture raises Rs 1,125 crore in first close of new India-dedicated fundThis compares with the firm’s first flagship fund, which had a corpus of Rs 370 crore, and a late-stage vehicle it launched with a corpus o...
Ford to move production of some Lincoln models from China to USFord plans to move some Lincoln vehicle production from China to the United States. This significant shift is scheduled to begin in the yea...
You may be driving past Flock cameras without knowing it and now this searchable DeFlock map in US is raising fresh privacy concerns among citizensA searchable DeFlock map is drawing attention to the growing network of Flock Safety cameras across America, allowing citizens to see where...
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. ...
Hyundai targets 1 million connected cars by 2027 as software takes over India’s roadsHyundai India aims for one million connected car sales by 2027. The automaker is accelerating software-led vehicle technologies across its ...
Maruti Suzuki sees small cars, SUVs driving India’s auto market to 6.3 millionMaruti Suzuki forecasts passenger vehicle sales reaching six million units by FY31. This growth stems from renewed demand for small cars an...
Auto correct: How electrification is rewiring the humble autorickshaw in more ways than oneElectric three-wheelers are reshaping India's last-mile mobility sector. Lower running costs and reduced maintenance are driving this signi...
‘Kitna deti hai?’ is no longer enough as Indian car buyers start doing the maths beyond mileage and EMIIndian car buyers are increasingly looking beyond purchase price and mileage to assess total ownership costs, including fuel or electricity...
Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
EV retail sales break record at 3,27,901 units in July: FADAIndia's electric vehicle retail sales hit a record 3,27,901 units in July. This represents a significant 66 percent year-over-year growth f...
Auto industry total retail sales up 26 pc at 25,91,138 units in July, says FADATotal automobile retail sales in India grew by over twenty-five percent year-on-year in July. Passenger vehicle sales increased nineteen pe...
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...
Your next car may 'talk' to nearby vehicles and save your life: Here's what's coming nextIndia plans to mandate vehicle-to-vehicle communication technology for new vehicles. This system will allow cars to share vital data like s...
Audi India plans six new car launches in 18 months to revive sales, double luxury market shareAudi India is gearing up for a major rollout, unveiling six new models within the next eighteen months. Targeting a twofold increase in lux...
Electric scooter startup River Mobility raises $120 million to deepen premium playThe fresh capital will be used to expand River Mobility’s manufacturing capacity, set up a new greenfield factory and launch new products, ...
JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
Battery Smart may file IPO papers in September-October; eyes 70-80% annual growthBattery Smart is preparing to file draft papers with Sebi for an initial public offering. The company targets substantial annual growth ove...