Articles for tag: Automobiles

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 ...

Ben

Car Dealers Struggle as Sales Slow and Inventory Piles Up

The automotive industry is navigating rough terrain as car dealerships face a challenging road ahead. With sales slowing down and inventories piling up, dealers are revving their engines to find innovative solutions in a landscape reshaped by the pandemic and changing consumer behaviours. Let’s dive into the factors behind this shift and explore how car ...

Ben

SUVs Fuel Indian Auto Industry Valuation Growth by 19% – Here’s How

Buckle up, automotive enthusiasts! The Indian auto industry is revving up with an impressive 19% valuation growth, fueled by the soaring popularity of SUVs. From rugged off-roaders to sleek urban crossovers, these versatile vehicles are dominating the roads and reshaping the landscape of the Indian car market. Let’s dive into how SUVs are steering the ...

Ben

Hyundai’s Strategy to Counter EV Downturn in Europe This Year and Achieve Growth by 2025

Electric vehicles (EVs) have been gaining traction in the European market, with consumers increasingly opting for eco-friendly transportation solutions. As one of the leading automotive manufacturers, Hyundai has been navigating the EV landscape in Europe, facing challenges head-on and strategizing for growth. Let’s delve into Hyundai’s game plan to counter the current downturn in 2021 ...