Auto Industry

Jaiveer Mehra

Feb 24, 2023, 1:54 PM

Citroen CEO Vincent Kobee To Step Down; Thierry Koskas To Take Over Role

Koskas is presently the Chief Sales and Marketing Officer of Citroen’s parent firm Stellantis.

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  Reuters | Feb 23, 2023

  India's Ashok Leyland Beats Quarterly Profit Estimates On Easing Costs, Truck Demand

  The Indian trucking sector is making a comeback after two years on the back of increased mining activities, e-commerce growth and an uptick in infrastructure projects

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  Reuters | Feb 23, 2023

  Tesla Raises Prices Of Some Model Y Versions In China

  The starting prices of the two versions of Model Y in China increased by 2,000 yuan each to 311,900 yuan ($45,473) and 361,900 yuan, respectively, information on the website showed.

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  Reuters | Feb 23, 2023

  Russians Switch To Used Cars As Sanctions Pummel Auto Sector

  While analysts continue to debate the overall effectiveness of economic curbs on Russia, there can be no doubt they have hit hard in its car industry, which was heavily reliant on foreign manufacturers and imported parts.

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  Reuters | Feb 23, 2023

  Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring Road

  Nuevo Leon - which recent reports suggest is now the most likely destination - boasts quick access to the United States, a skilled workforce and comfortable living for executives.

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  Reuters | Feb 23, 2023

  VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: Report

  VW Chief Executive Oliver Blume agreed more speed was needed and that the construction of charging stations was "a common task of the economy, federal government and communes".

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  Reuters | Feb 23, 2023

  Jaguar Land Rover Opens Three EuropJ

  The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR's next generation of luxury vehicles. JLR already has six global tech hubs the United States, China and Europe.

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  Reuters | Feb 23, 2023

  Nio To Build Factory In China For Budget EVs: Report

  The plan to broaden the company's lineup and expand overseas sales comes as EV sales sharply weaken in China, the world's largest auto market, following an end in state subsidies for EV purchases.

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  car&bike Team | Feb 22, 2023

  Hyundai Global Design Head SangYup Lee Is The 2023 World Car Person Of The Year

  2023 marks the second consecutive year with a member of the Hyundai Group’s design team taking home the award.

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