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Read more about Maruti Suzuki's production rises 34% in December on Business Standard. Maruti Suzuki India said its total production increased by 33.79% to 1,55,127 units in December 2020 from 1,15,949 units produced in December 2019.
Axis Bank on Wednesday announced its partnership with Hyundai Motor India Limited (HMIL) to offer the auto retail financing solutions to its customers through the car makers end-to-end online automotive retail platform 'Click to Buy' (CTB). The partnership will allow customers to view process and avail auto loan sanction directly on Hyundai's CTB platform, a company statement said. This solution provides customers with the convenience of acquiring requisite funding for their desired Hyundai car through a 'one-stop-shop' platform catering to all their vehicle purchase needs, the state team a...
Mahindra & Mahindra and Ford Motor Company have mutually, amicably determined they will not complete a previously announced automotive joint venture between their companies. The action followed passing of the 31 December 2020 longstop, or expiration, date of a definitive agreement the organizations entered into in October 2019. According to the companies, the outcome was driven by fundamental changes in global economic and business conditions - caused, in part, by the global pandemic - since the agreement was first announced. Those changes influenced separate decisions by Ford and Mahindra t...
Renault is leading the Irish and European electric vehicle market sales with 95,985 units sold year-to-date to end November 2020.
Read more about Tata Motors issues statement for Jaguar Land Rover Automotive Plc on Business Standard. Jaguar Land Rover has comprehensive contingency planning and actions in place to respond to ongoing COVID challenges and disruption. This is subject to constant review.