Tag: automobile industry

Europe’s car production falls sharply

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ August saw a -8.4% decline in the UK's car manufacturing output, according to new data released...

EU Automakers on Track to Meet Climate Targets, Despite Hybrid Reliance

Business & Trade Suraj Atapattu -
EU (commonwealth) Since sales of electric cars are predicted to grow rapidly, automakers will have no trouble meeting the...

Tesla’s sales slump leading 45% decrease in profits

Business & Trade Suraj Atapattu -
Global (Commonwealth) _ Tesla's net income dropped 45% in the second quarter compared to the same period last year,...

India’s EV sales soar by 66%

Business & Trade Suraj Atapattu -
India (Commonwealth) _ As per a research firm Counterpoint, state subsidies are projected to propel demand for electric vehicles...

World’s 1% car maker

Business & Trade Suraj Atapattu -
South Africa (Commonwealth) _ While China, the United States, Japan, and Germany have traditionally been the world's largest automobile...

Indian luxury car buyers switch from diesel to electric

Business & Trade Suraj Atapattu -
India (Commonwealth)  _In the previous five years, the country's adoption of electric vehicles has been driven by the wealthy...
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UK streets to witness a surge of cars

Business & Trade Suraj Atapattu -
UK (Commonwealth) _ New car registration in the UK has increased by roughly 18.6% in 2023. The Society of...

Honda to sell only…in India

Business & Trade Suraj Atapattu -
India (Commonwealth) _ Honda Motor Company intends to develop sport-utility vehicles (SUVs) solely in India in order to capitalize...