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News
Russia says it will end diesel export ban when market recovers
9+ hour, 20+ min ago (294+ words) Russia is extending its curb on gasoline exports through year-end as the government battles fuel shortages but plans to lift a ban on diesel exports once the market recovers, said Deputy Prime Minister Alexander Novak. The diesel ban will be…...
Maruti Suzuki says GST rejig had no role in Brezza SUV turbo-petrol engine, 'product cycles are longer"
1+ day, 6+ hour ago (593+ words) Maruti Suzuki India has dismissed suggestions that the new Brezza compact SUV's 1.0-litre Turbo Boosterjet petrol engine was introduced to benefit from the revised Goods and Services Tax (GST) structure, saying the powertrain was under development much before the tax…...
Ather flags 'policy quirk' in Auto PLI, says EV startups miss out on 16% incentive despite driving investments
1+ day, 10+ hour ago (636+ words) Ather Energy Co-founder and CEO Tarun Mehta has urged the government to address what he called a "quirk" in the Automotive Production Linked Incentive (PLI) scheme, arguing that it has inadvertently shut out electric vehicle startups even as they lead…...
Volkswagen AG cuts sales outlook as China slump squeezes turnaround
1+ day, 17+ hour ago (321+ words) Volkswagen AG cut its revenue expectations for the year as falling sales in China intensify pressure on Chief Executive Officer Oliver Blume’s push to overhaul Europe’s largest carmaker. The German manufacturer now sees revenue declining as much as 3% this year,…...
Tesla plunges most in a year on investor angst over AI spending
2+ day, 8+ hour ago (1013+ words) Tesla Inc. shares tumbled the most in over a year after disappointing quarterly results raised questions about Elon Musk’s plan to refocus the electric vehicle maker on artificial intelligence and robots. Profit fell well short of Wall Street’s estimates for…...
Maruti Suzuki Brezza facelift launch in India today; check expected price, features, engine-gearbox combinations
1+ day, 21+ hour ago (426+ words) The Maruti Suzuki Brezza facelift, the updated version of one of India's largest-selling SUVs, will be launched in the country today. We have already seen the new model as it has been crash-tested by Bharat NCAP, and also social media…...
Tesla short sellers rake in $4 billion as shares nosedive
2+ day, 2+ hour ago (327+ words) The deep plunge in Tesla Inc.’s stock on Thursday is turning into a major payday for its short sellers. Shares of Elon Musk’s electric-vehicle maker fell 14.5% Thursday, its worst drop in more than a year, after second-quarter profit missed…...
'Leadership must keep evolving': Why Maruti Suzuki reworked the Brezza despite 14 lakh customers
2+ day, 9+ hour ago (331+ words) Maruti Suzuki India believes success alone is not enough to stay ahead in India's fast-growing compact SUV segment. Despite the Brezza finding over 14 lakh customers since its market entry in 2016, the company decided to go back to the drawing board…...
Kia Syros EV launched in India at Rs 13.50 lakh with 526 km range, lifetime battery warranty
2+ day, 13+ hour ago (384+ words) Moneycontrol.com Kia India has launched the Kia Syros EV in India at a starting price of Rs 13.50 lakh (ex-showroom) The electric SUV is the companys second made-in-India mass-market EV after the Carens Clavis EV Prices go up to Rs…...
Maruti Suzuki Brezza facelift revealed ahead of July 24 launch, scores 5-star Bharat NCAP safety rating
2+ day, 12+ hour ago (225+ words) The country's largest carmaker, Maruti Suzuki India, has revealed the Maruti Suzuki Brezza facelift ahead of its July 24 debut. The updated compact SUV has also secured a five-star safety rating at the Bharat New Car Assessment Programme (Bharat NCAP). The…...