Leading Car Makers

Apple has hired Luigi Taraborrelli, one of Lamborghini’s top car-development managers as part of the Cupertino company’s plans to develop its own self-driving electric vehicle. A 20-year veteran of the Italian carmaker, Taraborrelli will help to lead the design of Apple’s future electric vehicle, and will be one of the most senior managers on...

Electric cars are the newest technological development in the automobile industry. While Tesla is one of the leading companies in this sector, other automobile manufacturers have quickly understood the potential of this industry and jumped on the wagon.

Apple became the first company to hit a $3-trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching bestselling products as it explores new markets such as automated cars and virtual reality.

Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric car battery factory with car maker Stellantis expected to play a leading role.

Amara Raja Batteries March quarter profit rose 38 per cent to Rs 189.38 crore. Its revenue from operations advanced 33 per cent to Rs 2,103 crore.

Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said.

The Peugeot family, one of the three leading shareholders of French car maker PSA, would support a new acquisition if an opportunity presented itself, the president of Peugeot family holding company FFP said.

Mercedes-Benz India has been on top of its game in 2017 and was the carmaker to sell the most cars during the calendar year to retain the top spot. Of course, it's looking to stretch that lead in the coming years and the only way to do that is to get ahead of the competition.

It was a good start to the second half of 2017 for luxury car makers as the government implemented GST and prices of cars from Audi, Mercedes-Benz, Jaguar Land Rover, BMW were slashed, leading to consumers flocking to showrooms to buy their favourite cars.

Zhejiang Geely Holding Group, commonly known as Geely Holding is China's leading privately owned automotive group. The automaker already owns controlling stake in the Volvo cars and now it has bought a major chunk of stake in Volvo's truck and busses business. Geely bought 8.2 per cent stake from Cevian Capital which also amounts to 15.6 per cent v...

Maruti Suzuki has now also surpassed, Mahindra and Mahindra as India's largest Utility Vehicle manufacturer for the second consecutive month in a row.

Luxury car maker Mercedes-Benz has received more than 500 bookings for its latest E-Class model across markets, leading to ramping up of production at its Pune factory.

Leading auto makers Maruti Suzuki, Hyundai Motor and Mahindra & Mahindra as well as two-wheeler majors Hero MotoCorp and Honda Motorcycles & Scooters began the new financial year with robust sales.

The talks ended with the German car makers over the question as to who would lead the project and which company would have the ownership of data.

Automobile manufacturers on Thursday termed the Reserve Bank of India's decision to reduce interest by 25 basis points, or 0.25 per cent, as "too little, too late" although they hoped that it would lead to softening of lending rates in future.

Apple has hired Luigi Taraborrelli, one of Lamborghini’s top car-development managers as part of the Cupertino company’s plans to develop its own self-driving electric vehicle. A 20-year veteran of the Italian carmaker, Taraborrelli will help to lead the design of Apple’s future electric vehicle, and will be one of the most senior managers on...

Electric cars are the newest technological development in the automobile industry. While Tesla is one of the leading companies in this sector, other automobile manufacturers have quickly understood the potential of this industry and jumped on the wagon.

Apple became the first company to hit a $3-trillion (roughly Rs. 2,23,75,950 crore) stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching bestselling products as it explores new markets such as automated cars and virtual reality.

Italy aims to spur total investments of more than one billion euros ($1.22 billion) to build an electric car battery factory with car maker Stellantis expected to play a leading role.

Amara Raja Batteries March quarter profit rose 38 per cent to Rs 189.38 crore. Its revenue from operations advanced 33 per cent to Rs 2,103 crore.

Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said.

The Peugeot family, one of the three leading shareholders of French car maker PSA, would support a new acquisition if an opportunity presented itself, the president of Peugeot family holding company FFP said.

Mercedes-Benz India has been on top of its game in 2017 and was the carmaker to sell the most cars during the calendar year to retain the top spot. Of course, it's looking to stretch that lead in the coming years and the only way to do that is to get ahead of the competition.

It was a good start to the second half of 2017 for luxury car makers as the government implemented GST and prices of cars from Audi, Mercedes-Benz, Jaguar Land Rover, BMW were slashed, leading to consumers flocking to showrooms to buy their favourite cars.

Zhejiang Geely Holding Group, commonly known as Geely Holding is China's leading privately owned automotive group. The automaker already owns controlling stake in the Volvo cars and now it has bought a major chunk of stake in Volvo's truck and busses business. Geely bought 8.2 per cent stake from Cevian Capital which also amounts to 15.6 per cent v...

Maruti Suzuki has now also surpassed, Mahindra and Mahindra as India's largest Utility Vehicle manufacturer for the second consecutive month in a row.

Luxury car maker Mercedes-Benz has received more than 500 bookings for its latest E-Class model across markets, leading to ramping up of production at its Pune factory.

Leading auto makers Maruti Suzuki, Hyundai Motor and Mahindra & Mahindra as well as two-wheeler majors Hero MotoCorp and Honda Motorcycles & Scooters began the new financial year with robust sales.

The talks ended with the German car makers over the question as to who would lead the project and which company would have the ownership of data.

Automobile manufacturers on Thursday termed the Reserve Bank of India's decision to reduce interest by 25 basis points, or 0.25 per cent, as "too little, too late" although they hoped that it would lead to softening of lending rates in future.