Articles for category: Automobiles

Zoe

DR Automobiles fined 6 million euros over Chinese vehicles and cars

Welcome to the intriguing world of DR Automobiles, where recent events have stirred up quite a buzz in the automotive industry. From sleek designs to innovative technologies, DR Cars has been making waves with its Evo line-up. However, a recent development involving a hefty fine has put this Italian automaker in the spotlight for less ...

Zoe

CDK Global cyber failure continues to impact US auto dealers

The automotive industry is no stranger to technological advancements, but when cyber threats hit close to home, the repercussions can be far-reaching. The recent CDK cyber failure has sent shockwaves through US auto dealerships, leaving many scrambling to navigate the aftermath. Let’s delve into the impact of this cybersecurity breach and how it continues to ...

Zoe

Car Dealerships Struggle with Stagnant Sales and Growing Inventory

Welcome to the fast-paced world of car dealerships, where the rubber meets the road and sales figures tell a story of shifting gears. As inventory piles up like rush-hour traffic, auto financiers are feeling the pressure in an industry that’s revving up for change. With online car-buying options cruising onto the scene and consumer preferences ...

Zoe

India’s auto industry grows 19% to Rs 10.2 lakh crore in FY24

Introduction to the Indian car sector Welcome to the fast lane of India’s booming car sector! Buckle up as we take a thrilling ride through the latest developments in the Indian automobile industry, exploring its unprecedented growth, global standings, and future prospects. Let’s rev our engines and dive into the world of wheels turning at ...

Zoe

EV Startup Fisker Files for Bankruptcy Due to Cash Burn and Quality Issues

Welcome to the electrifying world of EV startups, where innovation meets sustainability. Today, we delve into the rise and fall of Fisker, a once-promising player in the electric vehicle industry that has now made headlines for filing bankruptcy due to cash burn and quality issues. Join us as we explore the highs, lows, and valuable ...

Zoe

Kolhapur Crash Triggers ‘Ghost Auto’ Run, Five Injured

The streets of Kolhapur were recently shaken by a mysterious incident that left five people injured and the entire town buzzing with speculation. What seemed like a regular day took a chilling turn when an auto-rickshaw, seemingly driverless, crashed into several vehicles, sparking fear and confusion among onlookers. This bizarre event has since been dubbed ...

Ben

SUVs fuel Indian auto industry valuation growth by 19% Here is how

The Indian auto industry is revving up, fueled by a powerful force – SUVs. These robust vehicles have taken the market by storm, driving growth and pushing boundaries. Let’s delve into how SUVs are steering the Indian auto industry towards a bright future with a 19% increase in valuation. The Rise of SUVs in India ...

Zoe

Rising Car Prices: How Green Goals Pose an Affordability Challenge to Automakers

As we navigate towards a more sustainable future, the automotive industry finds itself at a crossroads. The rising prices of cars are not merely reflective of market dynamics but also bear the weight of environmental responsibility. Automakers face an affordability challenge as they strive to meet ambitious green goals while ensuring that their vehicles remain ...

Ben

European sales drop in May as drivers wait for cheaper EVs

Welcome to the electrifying world of European car sales, where the buzz around Electric Vehicles (EVs) is sparking a revolution on the roads. In May, however, a slight dip in EV purchases has left industry experts pondering the future landscape of sustainable mobility. Let’s delve into the reasons behind this unexpected turn and explore how ...