Suzuki Motor Corporation has projected a significant growth trajectory for its car sales in India, estimating that by the year 2047, the sales figures could soar to 20 million units. This ambitious forecast underscores Suzuki’s enduring commitment to the Indian market, which has emerged as a pivotal hub for the company’s global operations. The […]
A few days ago, Guangzhou Automobile Group announced that its joint venture with Lucent Precision has been formally completed and put into production. LISE Technology was established in June 2023 as a joint venture between GAC and Lucent Precision, and the company is mainly dedicated […]
Renault Group has announced robust global sales growth for the first half of this year, largely propelled by the strong performance of its hybrid vehicles in the European market. According to recent figures released by the automotive giant, global sales surged by 1.9% year-on-year, reaching a total of 1,154,700 vehicles. Remarkably, nearly three-quarters of these […]
In a latest market trend, the used electric vehicle (EV) market in the UK is experiencing an unprecedented surge. According to industry reports, with the sharp decline in prices of electric cars, consumer demand for used EVs has skyrocketed, reshaping the purchasing preferences of British car buyers. Recent data reveals significant growth in sales […]
Gothenburg, Sweden, July 19, 2024 – Volvo Cars announced today that it has achieved a record high operating profit for the second quarter of 2024, demonstrating strong performance in the fiercely competitive global automotive market. According to the company’s financial report, Volvo Cars’ operating profit for Q2 2024 increased by XX% compared to the […]
Busan, July 17, 2024 – Renault Korea announced the commencement of mass production for the first D-segment hybrid SUV, the Renault Grand Koleos, at its Busan factory with a ceremony held on July 16. This milestone marks a significant achievement for Renault in the Korean market and underscores a pivotal step in Renault’s global strategy. […]