A Porsche spokesperson acknowledged significant challenges and the necessity for cost optimisation within the sector. One in four jobs at German sports car maker Porsche is at risk, warned worker representatives on Wednesday, adding that
While urban markets remained significant contributors, dealers reported a clear rise in rural bookings, supported by improved farm incomes and better liquidity in agriculture-linked regions. Gujarat’s passenger vehicle (PV) market posted one of the strongest
Entangled in a battle in the budget segment with rivals such as Geely and Leapmotor whose sales kept hitting new highs, domestic EV giant BYD ended November with lower sales than the year before. China’s
While its Porsche brand was not expected to grow in China, he said localising production in the wider Volkswagen group was possible and a Porsche model specifically made for the Chinese market could make sense
But the expected full-year result is still 21 per cent lower than in 2024, when 1.65 million cars were sold. Sales of new cars in Russia are set to exceed 1.3 million units in 2025,
The brand expects the expanded range to further strengthen its position in the luxury SUV segment. Lexus India has strengthened its SUV portfolio with the introduction of a new ‘Exquisite’ grade for the RX 350h,
Burrys short position against subprime mortgage securities during the housing market crash was chronicled in Michael Lewiss book The Big Short and its film adaptation. “The Big Short” investor Michael Burry took aim at electric
Mahindra & Mahindra will continue its strategy of offering premium, differentiated SUVs and electric vehicles, eschewing immediate plans for CNG or other alternate fuels. Mahindra & Mahindra plans to stick to its strategy of offering
Once the Gurugram station is commissioned, Tesla will operate four charging locations in India, comprising 16 superchargers and 10 destination chargers. Tesla has begun customer deliveries of the Model Y from its newly inaugurated Gurugram
Mahindra BE 6 Formula E Mahindra & Mahindra (M&M) expects to sell around 7,000 electric vehicles (EVs) per month by the end of the current fiscal, up from the 4,000–5,000 units it currently delivers each