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Changan Automobile And CAOA Inaugurate Production Line In Brazil
March 30, 2026
The inauguration initiates a USD 950 million investment cycle for 2026-2028, which adds to the earlier USD 570 million invested since 2023. Total investment in the Anapolis facility reaches USD 1.52 billion with the plant now equipped to have an annual pr
MT Bureau
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Stellantis Launches Europe Supplier Advisory Council To Address Industry Challenges
March 29, 2026
The council will convene for three sessions during 2026, with each meeting lasting 1.5 days. The initiative includes participation from major European supplier associations, ANFIA and FIEV, to provide a collective voice for the regional supply base.
MT Bureau
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Skoda Auto To Exit China By Mid-2026, Redirect Focus On India & Southeast Asia
March 29, 2026
Skoda Auto has been struggling in the Chinese market with sales bottoming out at 15,000 units in 2025, from its peak of 341,000 in 2018, marking just a 0.1 percent market share in the world’s competitive market will no longer look at selling new vehicle
MT Bureau
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Geely Auto Group Establishes Geely Technology Europe R&D Hub
March 28, 2026
Geely Tech Europe aims to provide engineering support for the Zeekr, Lynk & Co and Geely brands. A primary operational goal is to reduce the time gap between Chinese and international product launches to less than 6 months. The organisation plans to doubl
MT Bureau
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Spinny Reports Threefold Increase In Car Deliveries During Gudi Padwa
March 27, 2026
The festive period saw a 50 percent increase in footfall across Spinny Car Hubs in the days leading up to the holiday. Its data suggests that 86 percent of customers experienced a standard delivery process despite the heightened activity.
MT Bureau
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Simple Energy Rolls Out Limited Time Complimentary 2 Year Warranty On Its E-Scooters
March 27, 2026
The limited-time offer, valid till 31st March 2026, valued at INR 6,500, aims to provide additional value and peace of mind to customers during their purchase.
MT Bureau
