After Bajaj Auto announced securing a loan of 566 million Euros, KTM’s parent company Pierer Mobility has now said that the financing package to rescue KTM AG has been secured.
Nissan is undertaking measures to streamline production and reduce costs across its global operations in a bid to turn profitable following failed merger talks with Honda.
Lowering its estimate for battery electric vehicle sales by 2030, Honda foresees a sharp rise in demand for hybrid electric vehicles worldwide; will also deploy next-generation ADAS across its portfolio.
The VW Golf GTI is the second launch from the VW brand in India after the Tiguan R-Line, and this one too is coming to our shores as a Completely Built-Up (CBU) unit.