Auto Industry News

Having joined Isuzu Motor India in 2022, Rajesh Mittal is the first person of Indian origin to helm the Japanese utility vehicle manufacturer’s India subsidiary

Cumulative passenger vehicle sales crossed 36 lakh units in FY2023 – up from the previous high of 32 lakh units in FY2019.

In Financial Year 2022-23, Hero Electric sold over 1 lakh units and witnessed a 20 per cent in revenue over the previous fiscal year.

Thomas Schäfer, CEO Volkswagen Passenger Cars spoke to us about the success of India project 2.0, brands' learnings in the past decade and future focus areas for the company in the country.

Supplier of nearly half of the world's lithium, Australia is also the world's third-largest cobalt exporter and a significant producer of rare earths, copper, graphite, manganese and other minerals key to the global energy transition.

The seven-day poll completed on Monday found 34% of all respondents would consider an EV, while 31% said no. Among Democrats 50% said they would consider an EV, while 26% of Republicans and 27% of independents said they would consider.

The company plans to communicate with all its employees over the next three days about the plan, CEO Peter Rawlinson said in a letter, adding its U.S. workforce will see reductions in nearly every organization and level, including executives.

The U.S. EV maker's retail sales in China totaled 106,915 units from Jan. 1 to March 19, or 1,371 units per day on average, according to data from China Merchants Bank International, which tracks car insurance registrations.