Porsche AG, the iconic sports car manufacturer, has reported a triumphant fiscal year in 2023, demonstrating robust growth and a three percent increase in deliveries compared to the previous year. The company successfully handed over an impressive total of 320,221 vehicles to customers, a testament to the enduring allure of the Porsche brand, even amid global economic uncertainty. Keep Reading
Beneath the sleek exteriors and high-performance engines of the automotive industry lies a strategic cycle, steering from October to September. This cycle aligns with the production and shipment of upcoming models, setting the stage for year-end and financial year-end discounts, particularly in the month of March. Let’s delve into the intricacies of this industry cycle and unveil the driving forces behind maximum discounts during the JFM quarter. Keep Reading
As the automotive landscape undergoes a seismic shift towards electrification, Audi stands at the forefront, celebrating a monumental year of achievement. In 2023, the Audi delivered an impressive 1.9 million cars worldwide, with a significant milestone being the delivery of over 178,000 fully electric vehicles—a remarkable 51 percent increase in sales from the previous year. Keep Reading
In a remarkable display of success, BMW Group India has set a new record for annual sales in 2023. Especially, encompassing all three of its prestigious brands – BMW, MINI, and BMW Motorrad. The automotive giant delivered an unprecedented total of 14,172 cars (BMW and MINI) and 8,768 motorcycles (BMW Motorrad) from January to December. BMW, with 13,303 units sold, and MINI, with 869 units sold, contributed significantly to this achievement. Keep Reading
Stuttgart – Porsche, the esteemed luxury car manufacturer, is rigorously testing the prototype of its all-electric Macan as it gears up for the vehicle’s eagerly awaited world premiere. A decade after the launch of the original Macan, the upcoming electric version stands out as the first Porsche model built on the new Premium Platform Electric (PPE). Keep Reading
In a noteworthy development, Jaguar Land Rover (JLR) has reported a substantial increase in sales volumes for the third quarter of the fiscal year 2024, concluding on December 31, 2023. This surge is attributed to marked improvements in supply chains, facilitating a higher number of vehicle deliveries to clients. Keep Reading
Redefining the middleweight sports bike category Triumph Motorcycles unveils its latest offering, the 2024 Triumph Daytona 660. Boasting a signature triple-cylinder engine, advanced technology, and a commitment to rider comfort. Further, the Daytona 660 aims to deliver an unparalleled riding experience. Let’s delve into what riders can expect from this dynamic two-wheeler. Keep Reading
Stuttgart, January 9, 2024 – The ABB FIA Formula E World Championship is gearing up for an electrifying Season 10. Further, promising 16 races across four continents with unique challenges for teams and drivers. Kicking off the title chase is the Mexico City E-Prix at the Autodromo Hermanos Rodriguez on January 13, 2024. Keep Reading
In the fiscal year ending March 31, 2023, Indian manufacturers of passenger vehicles, including cars, vans, and utility vehicles, fell short of the corporate average fuel economy (CAFÉ) target set by the Ministry of Road Transport & Highways (MoRTH). The achieved CAFÉ, a measure of a vehicle’s carbon emissions, stood at 116.78 gm per km, missing the MoRTH’s target of 113 gm per km. This marks the first instance of India failing to meet its fuel efficiency target since the initiative’s inception five years ago. Keep Reading
Mercedes-Benz India, the epitome of luxury and innovation, proudly presents two groundbreaking additions to its illustrious fleet. The all-new GLE luxury SUV and the cutting-edge AMG C 43 4MATIC performance sedan. While the GLE fortifies the SUV portfolio, the AMG C 43 4MATIC redefines driving performance and exclusivity by harnessing technology derived directly from Formula 1. Further, adhering to the prestigious ‘One Man One Engine’ philosophy. Keep Reading
