Articles for 4 Wheelers

Online Used Car Seller Vroom Raises $467.5 Million In Upsized US IPO

4 Wheelers Jun 09, 2020 2 mins read

Vroom priced its IPO at $22, above the initially marketed range of $18 to $20, valuing the company, which is backed by funds such as T Rowe Price Associates and L Catterton, at $2.48 billion

Volkswagen Replaces Herbert Diess As CEO Of The VW Brand

4 Wheelers Jun 09, 2020 2 mins read

Diess is trying to get the company's powerful labour leaders, who control nine of the 19 seats on the supervisory board, to agree to painful costs cuts.

Lamborghini India Re-Opens All Dealerships

4 Wheelers Jun 08, 2020 2 mins read

With stringent adherence to the Lamborghini Sicurezza guidelines as well as the policies and measures directed by the Central and State governments

JLR Raises $705 Million Loan From Chinese Banks

4 Wheelers Jun 08, 2020 2 mins read

Sales from China used to account for 25% to 30% of JLR's global sales, but over the past two months make up 50%

‘Rs 10,000 Crore Under FAME2 Has Not Been Efficiently Channelised’

4 Wheelers Jun 06, 2020 7 mins read

In two-three years’ time, because of sheer volumes, there will be a major change in the electric vehicles sector and it will be a major employment generator

The Auto Industry Now Has Its Ignition On, But Not Revved Up

4 Wheelers Jun 06, 2020 5 mins read

Saddled with inventory in the pipeline and token footfalls at showrooms, the auto industry is taking baby steps toward renewing production By Avishek Banerjee

Atlas Cycles Shuts Down Operations; Lays Off Workforce

4 Wheelers Jun 03, 2020 2 mins read

Hence, the workforce of the Unit will be laid off with effect from June 3, 2020, till adequate arrangement of funds is made,” the company said in an official letter.