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Hyundai Motor India Limited (HMIL) will sign a Memorandum of Understanding (MoU) with the Tamil Nadu government in January 2019 for expanding its current production facility in the state. The Korean carmaker is planning to invest Rs. 7000 crore in India. The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo, vice-president corporate affairs, B C Datta, assistant vice-president (Finance) N Ramesh called on Chief Minister K Palaniswami at the Secretariat and had a brief interaction.
Hyundai Plans To Invest Rs 7000 Crore In India
Calender
Nov 13, 2018 09:40 PM
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1 mins read
Hyundai Motor India Limited (HMIL) will sign a Memorandum of Understanding (MoU) with the Tamil Nadu government in January 2019 for expanding its current production facility in the state. The Korean carmaker is planning to invest Rs. 7000 crore in India. The management of Hyundai Motor India, led by its Managing Director and CEO, Y K Koo, vice-president corporate affairs, B C Datta, assistant vice-president (Finance) N Ramesh called on Chief Minister K Palaniswami at the Secretariat and had a brief interaction.
2020 Toyota Corolla Sedan Teased Again Ahead Of Debut This Month
2020 Toyota Corolla Sedan Teased Again Ahead Of Debut This Month
calender
Nov 13, 2018 05:45 PM
In terms of engines, the Toyota Corolla will have a 1.8-litre or 2-litre petrol engine while the diesel engine is expected to be the same 1.5-litre unit that is currently available in the car in India.
Honda To Launch An Electric Vehicle In India by 2023-2024
Honda To Launch An Electric Vehicle In India by 2023-2024
calender
Nov 13, 2018 12:06 AM
Honda Car India is considering launching an electric vehicle (EV) in India by 2023-24 according to a report published by Economic Times. The electric car which will be launched in India will be one of the company's global models which will be produced after 2019 after the Japanese carmaker rolls out its electric plan for a wide set of market. The vehicle that will make its way to India could be a 'B' segment vehicle the development of which is under process for the Indian Market.
Next-Gen Mercedes-Benz C-Class Spotted Testing For The First Time
Next-Gen Mercedes-Benz C-Class Spotted Testing For The First Time
calender
Nov 11, 2018 12:08 AM
Images of an early prototype of the next-generation Mercedes-Benz C-Class have recently surfaced online. This is the first time the car has been spotted testing, and by the looks of it, the test mule in these images is an early prototype.
Near Production Tata 45X Premium Hatchback Spied
Near Production Tata 45X Premium Hatchback Spied
calender
Nov 10, 2018 01:54 AM
A near-production test mule of Tata Motors' upcoming premium hatchback, codenamed 45X, was recently spotted testing. Unlike the previously seen prototype models, the latest test mule appears to come with a bunch of production parts hinting at the fact that the car is nearing completion.
Elon Musk Replaced As Tesla's Chairman By Robyn Denholm
Elon Musk Replaced As Tesla's Chairman By Robyn Denholm
calender
Nov 8, 2018 10:20 PM
Tesla has announced to have appointed an new chairperson- Robyn Denholm who will replace Tesla's long existing current chairman, Elon Musk. The change in position comes after Musk recently being sued by the SEC for his infamous tweets over Tesla's going private for which both Musk and Tesla had to pay a penalty of $20 million. After the matter came into light, Musk was asked by the board to step down from his current position in the company. Earlier, in a series of tweets Musk has mentioned about taking Tesla private at $ 420 per share and he even claimed to have secured some funding.
Skoda Scala Premium Hatchback Due For Global Unveil, Details Revealed
Skoda Scala Premium Hatchback Due For Global Unveil, Details Revealed
calender
Nov 8, 2018 03:04 PM
Skoda has official announced that it will showcase the new Scala premium hatchback at an event in Tel Aviv, Israel on December 6, 2018. The new hatchback will essentially be a replacement for the now aging Skoda Fabia hatchback and will take on the likes of the Volkswagen Golf in international markets. What that means is that the Skoda hatchback will move up a notch from being a Polo competitor to a Golf competitor in Europe and across the world. The new hatchback will be based on the same MQB A0 platform that underpins the likes of the Skoda Octavia. As a distinction, the Skoda Scala will also be the first ever car from the brand that will not have the logo at the rear but instead will have S-K-O-D-A lettering on the tail gate instead.
2019 Porsche 911 Completes Final Endurance Testing
2019 Porsche 911 Completes Final Endurance Testing
calender
Nov 6, 2018 12:21 AM
The eight-generation Porsche 911 will be launched in Europe in early 2019 and the German carmaker has shared the pictures it took during the testing. The prototypes of the 2019 Porsche 911 have been tested in different climate zones with temperature difference being up to 85-degree Celsius. The prototypes have been tested for endurance in lengthy traffic jams across various cities and on the race tracks too.
Mahindra Alturas G4 Bookings Open, Launch Date Announced
Mahindra Alturas G4 Bookings Open, Launch Date Announced
calender
Nov 5, 2018 10:41 PM
The Mahindra Alturas G4 is the automaker's upcoming flagship SUV and bookings have now begun for the offering ahead of its launch on November 24, 2018. Dealerships across the country have started accepting bookings for a token amount of Rs. 50,000, while deliveries will commence by the end of this month, soon after the launch. The 'Alturas G4' is the name of the production-spec SUV, which was internally known as the Y400, and what was largely speculated to be called the XUV700 across the internet. The Alturas G4 moniker also diverts from Mahindra's strategy to have nameplates with the name ending with an 'O'. While Mahindra is yet to reveal prices on the Alturas, an aggressive strategy is expected from the company with the SUV carrying a price tag starting at Rs. 25 lakh (ex-showroom).