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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
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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
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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.
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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.
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Ultraviolette Plots INR 2 Billion Investment To Scale Up Production In Karnataka, Plans New Plant Too
March 27, 2026
The plan aims to deepen local manufacturing, create employment and accelerate research and development within the electric vehicle (EV) sector. Ultraviolette currently produces the F77 performance motorcycle and the X-47 Crossover, utilising proprietary
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ICRA Forecasts Moderation In Indian Auto Sector Growth For FY2027
March 27, 2026
The auto component sector is forecast to grow by 7-9 percent in FY2027, driven by premiumisation and replacement demand. The industry plans a capital expenditure of INR 280 billion to INR 320 billion for the year, focusing on capacity expansion and electr
