China signals a shift away from heavy subsidies for its electric vehicle industry, acknowledging its maturity and the need for market forces to drive development. China has sent a clear signal that it is willing
Elon Musk, CEO, Tesla Tesla CEO Elon Musk’s polarizing political actions since acquiring Twitter, later rebranded X, in 2022 dramatically hurt the automaker’s US sales, underscoring how deeply its fortunes are intertwined with the billionaire’s
The key lesson is that regular, disciplined saving always outperforms sporadic splurging. Ever dreamed of cruising around in that sleek ₹25 lakh car — the one that feels just within reach but somehow keeps slipping
Porsche in September said it would delay the introduction of some fully electric cars and extend the life of some combustion engine and hybrid models. German sports car maker Porsche sunk to a third-quarter loss
Shares in Volvo Cars soared 33 percent in midday trading in Stockholm. Volvo Cars reported Thursday higher profit than expected in the third quarter, sending its stock soaring over 30 percent even as sales fell
Finance Minister Nirmala Sitharaman says GST 2.0 reforms have boosted domestic car sales, more than doubling them to over 500,000 units. New Delhi, Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms,
Between FY2018-19 and FY2023-24, the decline in hatchback sales has been matched by strong growth in both entry-level and premium SUVs. India’s passenger vehicle market is undergoing a major transformation, with SUVs emerging as the
Michael Leiters The Supervisory Board of Porsche has appointed Michael Leiters as Chief Executive Officer (CEO) of Porsche, effective January 1, 2026. He will succeed Oliver Blume, who has led Porsche for 10 years and
As part of the campaign, the company has released a short film featuring OTT actor Gagan Arora and veteran performer Anil Khopkar. JSW MG Motor India on Friday announced the launch of its new Diwali
Leading electric car market plans to end sales tax (VAT) exemption for zero-emission vehicles by 2027, government announces. The world leader in the adoption of electric cars, wants to completely phase out its sales tax