Lucid Group’s first-quarter vehicle deliveries fell short of expectations due to a 29-day sales halt and recall linked to an unauthorized supplier change affecting second-row seats. Lucid Group missed expectations for first-quarter vehicle deliveries on
For the full year, these models made up 76.5 per cent of wholesale volumes, indicating a shift towards higher-end vehicles. Jaguar Land Rover (JLR) on Thursday reported wholesale volumes of 95,300 units in the fourth
Toyota’s portfolio, which spans the SUV and MPV segments, helped sustain its domestic momentum. Toyota Kirloskar Motor (TMK) on Wednesday reported a 19 per cent rise in domestic vehicle sales to 3,67,107 units in FY26,
BYD said in January that its export target for this year would be 1.3 million vehicles, down from as much as 1.6 million units its management told Citi in November. BYD is “highly confident” of
The earlier subsidy-led expansion had resulted in excess capacity and the entry of several smaller manufacturers, prompting authorities to reduce support and encourage consolidation across the sector. The rollback of government subsidies in China’s electric
The German carmaker is under pressure to catch up in a race with data and software-savvy players like Tesla and China’s BYD. Volkswagen’s software partnership with Rivian, a cornerstone of CEO Oliver Blume’s turnaround strategy
Benedetto Vigna, Global CEO of Ferrari Long before he took on the flashy job of selling super sports cars and shaping Formula 1 championship strategies, Benedetto Vigna – the global CEO of Ferrari – had
Mahindra & Mahindra has said it raised concerns over the proposed Corporate Average Fuel Efficiency (CAFE III) norms, warning that the draft framework could expose the company to annual penalties of up to ₹5,000 crore.
The Corvette’s Detroit-underdog status may be overstated; the model has won its production-car class in the 24 Hours of Le Mans nine times since 2020. Sporting a zero-to-60 sprint in 1.7 seconds, and an Indy-worthy
The new Kushaq will be sold through the company’s network across more than 180 cities. Skoda Auto India officially launched and unveiled the prices for the new Kushaq lineup in India on Saturday, which comes