Auto Industry
Reuters
Feb 23, 2023, 1:02 PM
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, 2023Analysis-Tesla's Search For Mexico Location Shows Bumps On Nearshoring RoadNuevo 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.0 mins read
Reuters | Feb 23, 2023VW, Mercedes-Benz Urge Berlin To Accelerate EV Charging Network Expansion: ReportVW 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".1 min read
Reuters | Feb 23, 2023Jaguar Land Rover Opens Three EuropJThe 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.0 mins read
Reuters | Feb 23, 2023Nio To Build Factory In China For Budget EVs: ReportThe 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.0 mins read
car&bike Team | Feb 22, 2023Hyundai Global Design Head SangYup Lee Is The 2023 World Car Person Of The Year2023 marks the second consecutive year with a member of the Hyundai Group’s design team taking home the award.1 min read
car&bike Team | Feb 22, 2023Volvo Cars India Hikes Prices Of Its Cars And SUVs By Up To 2 Per CentThe price hikes are only for the petrol mild-hybrid models from the company’s range.0 mins read
car&bike Team | Feb 21, 2023Komaki Group Reports 102 Per Cent Growth In Revenue During FY2023The group cited its investments in R&D especially in the battery division as a major contributor of its growth.2 mins read
Seshan Vijayraghvan | Feb 21, 2023Jaguar Land Rover India Appoints Rajan Amba As Its New Managing DirectorJaguar Land Rover announced that Tata Motors' Rajan Amba will take over as the Managing Director of the luxury brand, from March 1, 2023.2 mins read
