⚡BYD: Price Cuts Lead to Stock Decline Amidst EV Market Competition
BYD slashes prices on 22 EV models, including a 34% cut on the Seal 07 hybrid. Shares drop by 8.25%, […]
Automobile
Tesla CFO Vaibhav Taneja is in Top of All Tech Executive Salaries 🚗
Tesla CFO Vaibhav Taneja earns $139 million in 2024, surpassing tech CEOs. His compensation includes significant stock options and equity
‘Honda-Nissan Merger’ Aims to Create World’s 3rd Largest Automaker by 2026 🚗
Honda-Nissan Merger talks are underway to form a joint holding company by August 2026, potentially including Mitsubishi Motors. The merger
🚗 Nissan Loss 2025: $4.5 Billion Crash 💥 – Nissan Faces Worst Financial Year
Massive Loss: Japanese carmaker Nissan Motor reported a staggering ¥670.9 billion ($4.5 billion) loss for the fiscal year ending March
Top Carmakers Expand Dealerships Despite Sluggish Sales 🏢
Automobile manufacturers like Tata, Hyundai, and Mahindra are aggressively expanding dealership networks, even amid recent pressures on passenger vehicle sales.
Ola’s Intellectual Property May Transfer to Bhavish Aggarwal’s Family Office 🔄
Ola is considering transferring its brand intellectual property to a holding firm managed by founder Bhavish Aggarwal’s family office. This
April Auto Retail Sales See Modest 2.95% Rise 🚗
India’s auto retail sales in April increased by 2.95%, driven by festive demand. Passenger vehicle sales showed a muted growth
Mahindra Acquires Majority Stake in SML Isuzu 🚛
Mahindra & Mahindra is set to acquire a 58.96% stake in SML Isuzu for ₹555 crore. The acquisition aims to
KPIT Technologies Reports 41.2% Profit Growth in FY25 🤖
KPIT Technologies announced a 41.2% year-on-year increase in net profit for FY25, totaling ₹839.6 crore. The company attributes growth to
🚗 Renault India Takes Full Control of Chennai Plant, Plans Agile Expansion in India
Renault India has acquired Nissan’s stake in their Chennai plant, gaining full control over operations. The French automaker plans to