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Category: Automotive

Retail Asia27/01/2021
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Automotive

Lotus Confirms New Series Of Sports Cars

2min0
A new series of sports cars is confirmed, with prototype production of the Lotus Type 131 to commence this year from the manufacturing facility in Hethel, Norfolk. The new manufacturing investment is part of Lotus’ Vision80 strategy, which will also see the relocation of two Lotus sub-assembly facilities into one efficient central operation in Norwich […]
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Retail Asia26/01/2021
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Automotive

VinFast introduces self-driving car models

3min0
Vietnamese automaker VinFast introduced Friday three new electric self-driving car models that will hit the market this year. The rollout of the new models is part of its plan to become a global major in electric car manufacturing. Two of the three models, all SUVs, also have a fuel version, the company said in a […]
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Retail Asia20/01/2021
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Automotive

Skoda Auto Opens New Manufacturing Facility For Test Vehicles & Prototypes At Mlada Boleslav Site

4min0
The technical department of Skoda Auto recently opened a new facility to manufacture test vehicles and prototypes at its Mlada Boleslav site. This new facility will ensure the development of these vehicles under one roof. The carmaker uses state-of-the-art technologies, such as robot stations and virtual reality solutions, throughout the entire production process. The Czech […]
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Retail Asia20/01/2021
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Automotive

Maruti Suzuki Hikes Prices Due To Higher Costs

1min0
Maruti Suzuki India Ltd will raise prices for some car models to mitigate the impact of rising costs, the country’s largest automaker by market value said on Monday. The move comes after rival Mahindra and Mahindra Ltd increased prices of its personal and commercial vehicles by 1.9% this month due to higher commodity prices and […]
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Retail Asia19/01/2021
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Automotive

Motorbike sales slump, blamed on pandemic

1min0
Motorbike sales fell 16.6 percent to 2.71 million units last year, according to the Vietnam Association of Motorcycle Manufacturers. The industry group comprises five major companies, Honda, Piaggio, Suzuki, SYM, and Yamaha, who account for most of the market. Industry insiders said sales fell in double digits because of the Covid-19 pandemic, which hit people’s […]
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Retail Asia18/01/2021
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Automotive

December auto sales hit monthly high

1min0
Auto sales climbed to 47,865 units in December, the highest monthly number last year, according to the latest data from Vietnam Automobile Manufacturers Association (VAMA). It represented a 32 percent rise from November and 45 percent increase from the same period in 2019. The data shows 36,856 units sold in December were passenger cars, up […]
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Retail Asia18/01/2021
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Automotive

Tata Puts Post-Pandemic Bet On Digital

4min0
Tata Group plans to invest in digital, high-end electronics and healthcare in a post-pandemic world, the $100 billion conglomerate’s chairman said on Thursday. Tata, whose operations span hotels, steel, airlines, electronic goods and technology services, will also place big bets on electric vehicles, renewable energy and battery storage, N Chandrasekaran, who is also known as […]
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Retail Asia15/01/2021
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Automotive

Porsche Sold More Than 20,000 Taycans In 2020

3min0
Porsche announced that it has sold 20,015 units of the Taycan all-electric car in 2020. The company has been able to achieve this feat even after the disruption caused due to the coronavirus pandemic. The company had shut down all production activities for 6 weeks and this, when the company was ramping up production as […]
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Retail Asia14/01/2021
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Automotive

Tata Motors’ Global Wholesales Grew 1% In Q3 FY2021

2min0
Tata Motors has released the Group’s global wholesales numbers for the third quarter of Financial Year 2020-21. In the quarter that ended on December 31, 2020, Tata Motors Group’s global wholesales stood at 2,78,915 units (including Jaguar Land Rover), registering a marginal 1 percent growth as compared to what the company sold during the October-December […]
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Retail Asia14/01/2021
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Automotive

General Motors Unveils Futuristic Flying Cadillac Concept Vehicle

2min0
General Motor on Tuesday presented a futuristic flying Cadillac – a self-driving vehicle that takes off and lands vertically and carries the passenger above the streets and through the air. A senior GM executive described the concept as “reimagining the future of personal transportation”. The single-passenger Cadillac – technically, a vertical take-off and landing (VTOL) […]
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Retail Asia12/01/2021
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Automotive

Tesla Hunts For Design Chief To Create Cars For China

8min0
Tesla Inc is searching for a design director in China, part of efforts to open a “full-function” studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter. The U.S. carmaker’s human resources managers, as well as several headhunters, have been trawling the […]
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