Automotive

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Retail Asia29/07/2021

Japanese automaker Nissan Motor Co on Wednesday raised its earnings outlook for the year, helped by a weaker yen and favorable demand in the United States and China, after reporting a surprise first-quarter operating profit. The company also warned that a global shortage of semiconductor chips will significantly hurt sales volume in the July-September quarter, […]

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Retail Asia29/07/2021

Tesla Inc showed signs of divergent strategies in the world’s two biggest automotive markets, raising prices to boost profit margins in the United States while keeping prices steady in China and hoping to grow sales there. Tesla raised prices for the most affordable versions of Model 3 and Model Y about a dozen times this […]

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Retail Asia29/07/2021

In line with its commitment to encourage the adoption of electrified vehicles, Toyota Kirloskar Motor today announced the extension of battery warranty for its Self-charging Hybrid Electric Vehicles (SHEVs) in India. Currently, the company offers only two cars with hybrid technology and that’s the Camry and the Vellfire. The warranty is extended from the existing […]

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Retail Asia28/07/2021

After years of development with leading composite suppliers, Bentley has announced a new carbon fiber wheel developed specifically for the Bentayga. The 22-inch carbon wheel, engineered with renowned specialists Bucci Composites, is to be the largest carbon wheel in production in the world and offers a vast range of benefits beyond the initial 6 kg […]

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Retail Asia28/07/2021

Any duty rate cut by the government on imported electric vehicles would be very beneficial as it would help automakers generate much-needed volumes and reach some viable scale, South Korean auto major Hyundai said on Tuesday. The automaker, which inaugurated its new corporate headquarters here, supported the demand of the American electric car major Tesla […]

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Retail Asia27/07/2021

Tata Motors Ltd said on Monday it expects performance to improve from the second half of its current financial year, anticipating an easing of global supply constraints on rapid COVID-19 vaccinations. The company said demand remains strong for Jaguar Land Rover (JLR) and India passenger vehicles, with commercial vehicles seeing a gradual improvement. The semiconductor […]

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Retail Asia26/07/2021

Volkswagen recently rolled out its new brand design and logo across the company’s 150 dealerships across the country. The new brand logo was first unveiled at the 2019 Frankfurt Motor Show and it was showcased in India for the first time at the 2020 Auto Expo. The company is using a phase-wise approach for implementing the […]

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Retail Asia21/07/2021

One of India’s leading electric two-wheeler mobility platform, eBikeGo has reported rapid expansion during the nationwide lockdown due to the COVID-19 pandemic. The company’s revenue has grown from ₹ 15 lakh to ₹ 2.5 crore per month, while the electric two-wheeler fleet has growh from 300 scooters to 2,100 scooters, the company said in an […]

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Retail Asia19/07/2021

A lack of policies promoting battery production and building a charging station network is preventing the electric car market in Vietnam from hitting the road running. At the end of March, automaker VinFast began accepting pre-orders for its first electric cars. More than 4,000 orders were placed on the very first day. The company has […]

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Retail Asia19/07/2021

Tesla Inc said on Saturday it has introduced an option for some customers to subscribe to its advanced driver assistance software, dubbed “Full Self-Driving capability”, for $199 per month, instead of paying $10,000 upfront. Tesla has previously said its subscription service would generate recurring revenue and expand the customer base for pricy features including lane […]

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Retail Asia15/07/2021

Tesla is the world’s largest EV maker and it is also the largest EV player in the US, considering the states are its home turf. So it shouldn’t come as a surprise that Tesla has propelled 95 percent of the increase in EV sales in the US as per a report by Experian. While this […]

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Retail Asia14/07/2021

aventura-cjdr-2019-dodge-challenger-srt-hellcat-redeye-1024x576-1.jpeg

Dodge, the American carmaker has announced that it will launch the world’s first full battery electric muscle car in 2024. Part of its parent company Stellantis’ larger plan to achieve electrification across its group brands, the new electric vehicle will mark the entry of the iconic muscle carmaker, which is known for its high-horsepower V8 […]

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Retail Asia14/07/2021

General Motors said on Tuesday it would invest $71 million to establish a new campus in Pasadena, California to expand its capacity in advanced technologies such as flying cars and lunar rover vehicles. The campus will be used for GM’s advanced design center operations which focus on developing concepts and future mobility projects that fall […]

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Retail Asia14/07/2021

Auto sales in the first six months rose 40 percent year-on-year to 150,481 units, according to Vietnam Automobile Manufacturers Association (VAMA). Passenger vehicles saw sales rise 37 percent in the period, while commercial vehicles grew 48 percent and special-purpose vehicles, 68 percent. Local brand Truong Hai Auto Corporation retained the top spot with 51,685 units, […]

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Retail Asia13/07/2021

There have been some rumors and talks about the Apple Car, from its price to Tim Cook hinting at it. Now, a report from DigiTimes industry insiders states that Apple may be producing batteries for the Apple Car in the US instead of using China-based manufacturers.The report states that Apple wants the batteries for the autonomous car to […]

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Retail Asia12/07/2021

Jawa Motorcycles has launched two new colors to commemorate India’s victory in the 1971 war against Pakistan as part of the Swarnim Vijay Varsh. The Jawa will now be available in two special colors – Khakhkee and Midnight Grey – that are inspired by the armed forces. The Jawa Special Edition is priced at ₹ 1.93 […]

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Retail Asia11/07/2021

Datsun India has been offering lucrative benefits on its entire model range for the last few months now. The carmaker has listed a bunch of offers worth up to ₹ 40,000 on its website for the month of July 2021. It includes cash benefits, exchange bonus and online booking bonus, corporate discount and special benefits. These […]

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Retail Asia09/07/2021

U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 28,138 China-made cars in China and exported 5,017 cars in June. In May, Tesla sold 33,463 […]

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Retail Asia08/07/2021

It was in 2020 that Bentley’s ‘Beyond100’ strategy was announced. It was a roadmap the company’s transformation into the world’s leading sustainable luxury mobility brand and of course, its commitment to an electric future. As a first step towards that, all three Bentley models will be available as luxury hybrid cars by 2023. Two of […]

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Retail Asia07/07/2021

Spanish EV brand OX Motorcycles has begun serial production of the OX One electric motorcycle in the QuaZZar Technology Centre, in Madrid. The production of the OX One begins after the start-up spent two years of development and creating prototypes with factories in China. The agreement with QuaZZar Technologies to manufacture the OX one in […]

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