Category: Cars

India car sales analysed: May 2019

The Indian auto industry has been struggling with sales numbers for a while now. To begin with, the passenger vehicle segment has witnessed a 21 per cent drop in sales in May 2019 as against the same period in 2018. Reports indicate a steep drop in sales across vehicle dealerships in the country, especially in […]

Renault sells 3 lakh units of the Kwid in India

Renault has just announced that its sole small car offering, the Kwid, has crossed the 3-lakh sales mark in India. Having played a key role in the growth of the French carmaker here in India, the Kwid continues to sell in good numbers. The Kwid sold in India is available with two petrol engine options […]

Hybrid Ferraris! Flying Cars! And More Car News This Week

Ferrari’s hybrid supercar should be the fastest thing to ever come out of its Maranello factory. Ferrari We’re a lot like you: We love tiny glimpses into the future. This week, WIRED Transportation got several tiny glimpses into the future. We previewed a new payment system for New York City’s subways and buses, which could […]

These Are The Cheapest 2019 Cars And SUVs To Buy And Hold On To

  According to the valuation experts at Kelley Blue Book, the subcompact Honda Fit hatchback is the cheapest car in the U.S. to own over a five-year period. Photocredit: ASSOCIATED PRESS Leasing a new vehicle for two or three years has become widely popular in recent years as a way to help ease the sting […]

By 2040, more than half of new cars will be electric

Electric cars make up only a tiny fraction of the automobiles sold worldwide, but that will change quickly, according to an analysis by Bloomberg New Energy Finance. More from Success Does it still make sense to invest like Warren Buffett? There aren’t enough women in the C-suite. This club wants to change that How this […]

Tesla is hurting but electric and self-driving cars are still a good investment

New York (CNN Business)Tesla is having a brutal year. But the company’s missed sales forecasts and weakening demand shouldn’t scare investors away from the electric vehicle business. In fact, the EV industry as a whole is booming. Several major auto companies and tech giants are working on new electric and self-driving cars and trucks — […]

Volkswagen’s systems can’t cope with 10,000 electric car orders

London (CNN Business)Volkswagen says its IT systems are melting down as people rush to order its new electric car online. The German carmaker said Thursday that it has received 10,000 orders for the ID.3 1ST in the 24 hours since reservations opened in Europe, leaving its computer systems unable to cope with the high number […]

China’s Electric-Car Mania Draws Parallels to the Dot-Com Bubble

China’s electric-vehicle market is so overcrowded it’s starting to resemble the dot-com bubble that burst at the turn of the century, the industry’s top producer warned, sounding the latest alarm for an market stacked with about 500 players. There are many similarities between China’s EV market today and the crash two decades ago, when all […]

Indian car and motorcycle companies have registered a considerable decline in sales, here’s why

It is not usual when a car manufacturer like Maruti Suzuki reports a sharp decline in terms of passenger car sales. However, there are other automobile companies like Mahindra and Tata Motors who have reported a drop in sales. Going by the official number, the wholesale number of vehicles that were sold in April 2019 […]

India car sales analysed: April 2019

The new financial year 2019-20 has kicked off on a sluggish note with all major car manufacturers witnessing a drop in sales in April 2019. Car sales are usually slow in April due to revision in car prices and lack of deals and discounts. A steep drop in car sales can be seen across all […]