The Global Car Lease Market to grow at a rate of 6.10% CAGR
A market value of USD 531.24 million was projected for the global car leasing industry in 2021. The market is…
Tesla to setup factory in Shanghai for Megapack Energy Storage
According to Chinese state media agency Xinhua, Tesla will construct a factory in Shanghai to produce its Megapack energy storage…
Tesla hands delivery of 423,000 cars in first quarter
Tesla reported 412,180 deliveries of either the Model 3 or the Model Y, and 10,695 deliveries of either the Model…
Maruti Suzuki sales drop by 8% in March
For the world's largest automaker, Maruti Suzuki, last month's numbers were not favorable. The business sold 1,57,500 automobiles in March.
After 43 years, Toyota ends Camry sales in Japan
By the end of the year, Toyota will stop selling the Camry sedan in Japan, ending a 43-year run. It's…
High demand for EV cars in the export market.
South Korea's auto exports rose nearly 50% year-on-year in February, hitting a record high on strong demand for eco-friendly cars,…
BMW brings us its first ever high-performance car with electrified drive system
The year began with the U.S. Department of Commerce confirming that BMW manufacturing has led the U.S. in vehicle exports…
Honda’s push to make EV’s by 2026
The Japanese automaker said on Wednesday that the renovation, which may be finished as soon as January 2024, will allow…