Cars News

Volkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.

The model would also initially be built on a mixed line with gasoline-engine cars, both in Japan and China. It will be sold in Japan, North America, China and Europe starting in mid-2022.

Actor Govinda gifted his wife Sunita Ahuja the BMW 3 Series Gran Limousine on the occasion of karwa chauth. The long-wheelbase sedan is priced between Rs. 52.90 lakh and Rs. 53.90 lakh (ex-showroom).

Skoda Slavia, the newest offering from Skoda Auto will make its world premiere in India, on November 18, 2021. The new compact sedan is built on the company's localised MQB A0-IN platform, which also underpins the Skoda Kushaq compact SUV and Volkswagen's Taigun.

The company plans to use the capital to expand its mass production of solid-state lithium batteries in Asia, Europe and the United States between 2023 and 2025.

The listing comes at a time when investor appetite for the electric vehicle (EV) sector is robust, with Elon Musk's Tesla seeing its market value cross $1 trillion for the first time this week.

The Tata Safari was the model that defined SUVs in India and fans argue that the 4x4 transfer case is one of the essentials in the Safari, which the new-gen model doesn't offer, not even as optional.

Mahindra plans to deliver over 14,000 units of the new Mahindra XUV700 by January 14, 2022. The company has already received over 65,000 bookings for the new flagship SUV.