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Retail Asia21/06/2023

Tata Motors is placing a significant emphasis on the electric vehicle (EV) sector with a series of product launches in a bid to substantially increase its market share by 2030. According to the company’s recently published annual report for the fiscal year 2022-23 (April-March), Tata Motors anticipates that EVs will account for 25 percent of […]

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Retail Asia09/05/2022

To make its first electric vehicle for the consumer market, India’s Tata Motors Ltd repurposed an unused shop floor at its flagship plant. Here, there’s no fancy assembly line – Nexon SUV bodies designed for gasoline models are wired and fitted with battery packs by hand. The area, which could be mistaken for a prototype […]

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Retail Asia19/08/2021

MG Motor India has announced a raft of features with the launch of the new compact SUV, the Astor, and one of the key aspects of the announcement has been the partnerships MG has closed with tech giants like Microsoft and L&T. Particularly with Microsoft, MG Motors has closed a deal for its Azure cloud […]

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Retail Asia22/02/2021

Bentley Motors has announced a three-year research study that aims to revolutionize the sustainability of electric motors. Supporting Bentley’s commitment to offering only hybrid or electric vehicles by 2026, the result could see recycled rare-earth magnets used in selected ancillary motors for the very first time. The study, titled RaRE (Rare-earth Recycling for E-machines), intends […]

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Retail Asia20/05/2020

Kia Motors India has announced the resumption of production at its Anantapur manufacturing facility in Andhra Pradesh. The company is operating in a single shift at present and will resume full operations once the Coronavirus pandemic subsides. The Anantapur plant resumed operations on May 8, 2020 and has been catering to both domestic and export […]

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Retail Asia14/01/2020

Global wholesales for JaguarLand Rover along stood at 50,001 vehicles, which included the 5,492 vehicles wholesaled by CJLR, the joint venture between JLR and Chery Automobiles. As for the total wholesales from the Jaguar brand alone, for the month, it stood at 12,742 vehicles, while Land Rover’s contribution to the total wholesales for December 2019 was 37,259 […]

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Retail Asia05/06/2019

Hyundai Motor Company and Kia Motors Corporation have jointly invested 80 million Euros in Rimac Automobili – the Croatian high-performance electric vehicle technology and sportscar company. Hyundai Motor will invest 64 million euros while Kia Motors will add 16 million Euros in Rimac and will form a technical partnership to collaborate on two high-performance electric vehicles […]

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Retail Asia22/05/2019

These are trying time for the Indian auto industry that has been consistently witnessing drop in sales figures over the past months. April 2019 has seen a significant drop for most manufacturers with the latest being Tata Motors that saw a 20 per cent decline in volumes. The automaker sold 42,577 units last month, as against 53,511 […]

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Retail Asia26/04/2019

Tata Motors has officially come out with its global wholesale numbers for the month of March 2019, and the company has reported a 5 per cent de-growth. Last month, Tata Motors’ total wholesales, including Jaguar Land Rover sales, accounted for 1,45,459 vehicles, compared to the 1,53,114+ units sold by the company during the same month in […]

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Retail Asia18/04/2019

Electric mobility is the future and with India being one of the largest two-wheeler markets in the world, it holds immense potential for electric two-wheelers. And Revolt Motors, an up and coming EV startup, founded by Rahul Sharma, who is also the co-founder of Micromax mobile phones, looks to cash on this potential. Revolt Intellicorp […]

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Retail Asia29/03/2019

A joint venture between Malaysia’s Proton Motors and Pakistan’s Al-Haj group will begin producing cars from June, officials said on Friday at a ceremony in Islamabad unveiling a series of business accords between the two countries. The Proton joint venture, first agreed last year, was the centerpiece of a series of agreements signed during a […]

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Retail Asia29/12/2016

China has awarded its seventh electric vehicle production license to a unit of Jiangling Motors, according to a posting by China’s state planner, as the country accelerates approvals for green car projects. Jiangxi Jiangling Group New Energy Vehicle has permission to proceed with a project to make 50,000 pure electric cars, according to a notice […]

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Retail Asia12/12/2016

Samsung Electronics will supply semiconductors to US electric car maker Tesla Motors, South Korea’s Electronic Times reported on Friday citing unnamed sources. Samsung would contract manufacture chips for self-driving features in Tesla vehicles, the paper reported, without putting a value on the order. The South Korean firm has been trying to build auto-related sales for […]

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Retail Asia04/10/2016

Japanese automaker Mitsubishi Motors Corp (7211.T) will resume domestic sales of eight vehicle models on Oct. 1, the company said on Friday, after correcting overstated mileage readings in its second cheating scandal this year. Japan’s sixth largest automaker has admitted it falsified the mileage on 12 models, including the Pajero and Outlander SUV, taking a […]

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Retail Asia12/08/2016

Mitsubishi Motors Corp. on Thursday revealed its new XM Concept crossover at the Gaikindo Indonesia International Auto Show. The XM Concept denotes X for crossover and M for multipurpose vehicle (MPV). Mitsubishi considers the vehicle a combination of the power, design and utility of a SUV with the spaciousness and comfort of an MPV. The […]

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