A weighted average increase in the price of 0.55 per cent will come into effect starting today (July 9, 2022), across the range, depending upon the variant and model.
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The Swedish carmaker has committed to having a fully-electric car range by 2030, well ahead of the European Union's proposal for an effective ban on fossil-fuel cars as of 2035.
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Ford is separately expanding its recall of 2021 Ford Expedition and Lincoln Navigator SUVs for under-hood fire risks by another 27,000 U.S. vehicles after five additional fires were reported after its recall of 39,000 vehicles announced in May following 16 fire reports. One injury has been reported.
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Nissan Magnite Red Edition is based on the most popular XV variant, which means, it comes with many best-in-segment features such as an 8.0 touchscreen with Wifi connectivity, 7.0 full TFT instrument cluster, LED DRLs, R16 Diamond Cut Alloy Wheels etc.
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The new EV company will focus on four-wheel (4W) passenger electric vehicles. The total capital infusion for the EV Co. is envisaged to be approximately Rs. 8,000 crore / USD 1 billion between FY 24 and FY 27 for the planned product portfolio.
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Tata Motors says that the company's performance is expected to improve in this fiscal year as the overall supply situation, including that of semiconductors, is gradually improving and commodity prices are stabilising.
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The Chinese automaker has been planning to enter the Indian market since 2020. The axed employees were working on the company's planned India entry in departments including finance, strategy and marketing, two of the sources said, adding that they are to be given three months' severance pay.
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Saurabh Vatsa, Brand Head of Citroen India in a candid conversation with the Editorial Lead of BW Autoworld, Utkarsh Agarwal talks about the company’s future plans and how Citroen is trying to position itself in the Indian market with the launch of its second product in India– the C3 hatchback. He also shared that Citroen will be coming with an electric vehicle (EV) in India next year.
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