Auto Industry News

The luxurious cabin of the yacht owner's Continental GT V8 coupe already incorporated Hotspur red leather, combined with contrasting Linen beige hide - styling which Bentley was then able to help recreate inside the new 18-metre, Contest 59 CS yacht.

The two companies have signed a Memorandum of Understanding (MoU) that paves the way for them to evaluate possible collaboration in areas that include electric vehicle battery technology and associated systems as well as semiconductor technology.

By creating this single entity, Renault Group aims to make these plants the most competitive and efficient production unit for electric vehicles in Europe, with 400,000 vehicles produced per year by 2025.

Production of these cells is due to start in 2023 and the annual capacity intended for Volkswagen is to be built up step-by-step to as much as 40 GWh.

Buyers are more optimistic due to improved visibility on a longer-term economic recovery and reversal of pay cuts as corporate spending normalises from 2020.

For the first time, diesel price in Rajasthan's Sri Ganganagar has breached Rs. 100 per litre mark, retailing at Rs. 100.05 per litre. Petrol, on other hand, costs more than Rs 107 a litre.

Mahindra & Mahindra has appointed Pratap Bose as the Executive Vice President and Chief Design Officer to lead its newly formed Global Design organisation.

Lamborghini has sold 26 units in India in the last financial year (FY2021) which is a growth of 100 per cent when compared to 13 units sold in FY2020.