By Kamal Swami
The Korean car manufacturing group Hyundai Motor Group on Tuesday announced that it will invest $18.2 billion (24 trillion won) to expand its domestic electric vehicle (EV) production facilities and other EV projects by 2030. This investment will be made jointly by Hyundai Motor, Kia, and auto parts maker Hyundai Mobis. The group aims to become.... [Read More]
By Manoj Kumawat
The country’s leading car manufacturer and Indo-Japanese car maker Maruti Suzuki India Limited has hiked the prices of its six models with immediate effect. According to recent reports, the company has hiked the prices of its famous models including Swift, WagonR, Celerio, Dzire, XL6 and Ciaz. The hike in price varies from Rs 1,500 to Rs.... [Read More]
By Kamal Swami
German automaker Volkswagen is developing an electric vehicle based on a a new modular electric vehicle platform, called MEB+. This new platform is an advanced and evolved version of the much-hyped MEB architecture. According to Volkswagen, the upcoming MEB+ electric vehicle architecture will take the capabilities of the MEB platform to.... [Read More]
By Manoj Kumawat
The Mahindra Thar, an SUV manufactured in India, is currently one of the top-selling vehicles from the domestic automaker. The company is currently offering an attractive discount on the Thar 4X4 version during April 2023. Buyers can enjoy a cash discount of up to Rs 40,000 on both petrol and diesel variants of the Thar 4WD, which comes in two.... [Read More]
By Kamal Swami
Maruti Suzuki, India's largest carmaker, is facing scrutiny once again for the safety of its cars after two of its most popular hatchbacks, the Alto K10 and WagonR, performed poorly at recent Global NCAP crash tests. The Alto K10 received a two-star rating, while the WagonR received only one star, making them some of the lowest-rated cars.... [Read More]
By Kamal Swami
Mahindra Bolero SUV has been making headlines lately due to its go-anywhere capabilities. The latest video that went viral on social media shows the off-road SUV being driven on railway tracks, leaving the Group Chairman of Mahindra, Anand Mahindra, in awe of its capability. The video was shot on the.... [Read More]
By Kamal Swami
Addressing the Asia Economic Dialogue, Union Minister of Commerce and Industry, Piyush Goyal said that the Indian government has to face the loss of billions of dollars due to misuse of the Free Trade Agreement (FTA) by two of the South Korean auto manufacturers. In the words of the minister taking advantage of FTA terms and conditions two.... [Read More]
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