Volvo Cars (VOLCARb.ST) sold a record number of vehicles in 2023, it said on Friday, boosted by electric car demand and stabilizing supply chains, but its growth rate eased towards the end of the year and the share price slipped in early trade. Volvo's Electrifying Ascent: A Pioneer's Commitment to a Fully Electric Future by 2030 Volvo, one of the pioneering car manufacturers committed to a fully electric future by 2030, is reaping the rewards of its early jump into the electric vehicle market. In 2023, the Swedish manufacturer achieved an impressive global sales milestone by selling a remarkable number of 113,419 electric vehicles (EVs). This represents a 70% increase compared to the previous year and highlights the growing demand for electric mobility. Total...

Rolls-Royce Cullinan is all-season luxury SUV. It's the first all-wheel drive vehicle from Rolls-Royce Motor Cars and is named after the Cullinan Diamond, the largest gem-quality rough diamond ever found Luxury Legacy: Rolls-Royce's Opulent Heritage When it comes to luxury cars, Rolls-Royce is a name that immediately comes to mind. This British car manufacturer has carved a path in the world of opulence, and its lineup of exquisite cars is a testament to its reputation. One model that has particularly caught the attention of affluent buyers is the Rolls-Royce Cullinan, the brand’s first SUV. The Cullinan has received overwhelming response since its launch, becoming the favored choice of billionaire businessmen and celebrities not only in India but worldwide. Its combination of sleek...

Creta - Hyundai, a premier automotive manufacturer, has once again commanded attention with the debut of the 2024 Creta facelift. Serving as the company's flagship SUV, the latest Creta assures a heightened driving experience, characterized by a unique aesthetic and an array of upgraded features. Hyundai Creta Revolution: Dynamic Restyling and Diverse Options Redefine Driving Excellence The front of its restyling stands out with a completely new design in the front bumper, headlights, and grille. The leaked images indicate a departure from the current version, with a fresh and captivating aesthetic that is sure to catch attention. The rear has also undergone a substantial revision, featuring a distinctive trunk design and seamlessly connected taillights that flow from the left end to...

Unexpectedly for the Indian auto industry, the luxury car market had a remarkable sales uptick in 2023, shattering previous records and changing consumer preferences for high-end vehicles. Both industry insiders and fans are interested by this unexpected turn of events, which has prompted a closer examination of the mechanisms causing this spike and any potential ramifications for the future of luxury automobile sales in India. Changing Dynamics: An Unprecedented Event The pre-COVID numbers were surpassed by an astounding 128 daily sales of automobiles costing more than INR 50 lakh in 2023, marking an unparalleled peak in the luxury car industry in India. The post-pandemic lifestyle shifts, strong corporate profitability, and rising interest from younger professionals are all contributing factors to this...

One of the biggest automotive corporations in China, Chery, is considering the construction of production facilities in the UK and continental Europe, a daring step that highlights the country's growing importance in the global automotive sector. This is a part of their bold ambition to introduce three SUV brands to the European market by the end of 2025, aiming to leave a lasting impression on the fiercely competitive European car industry. Chery's Invasion of Europe Chery's Approach to Strategy Victor Zhang, the CEO of Chery UK, disclosed that the company is targeting the UK market with the goal of following in the footsteps of Hyundai and Kia, who went from being relative unknowns to controlling almost 10% of the country's auto sales....

Porsche Taycan, recognized for its high-performance sports cars, recently showcased the capabilities of its all-electric prototype, the Taycan, at the Nürburgring track. The vehicle successfully completed the challenging 12.9-mile circuit in less than 8 minutes, establishing itself as one of the fastest electric vehicles to navigate the renowned track. This accomplishment by Porsche Taycan has turned heads within the automotive industry, challenging the notion that Tesla holds an unrivaled position in the electric vehicle market. While Tesla has set remarkable records, the Taycan's performance at Nürburgring highlights that there are formidable competitors beyond the American automaker. Unleashing the Power of the Porsche Taycan and its specifications Pre-series Taycan becomes the fastest electric Porsche to lap the Nürburgring. Porsche development driver Lars Kern was...

Thoothukudi to Host New Facility, Construction Begins This Year - BL Chennai Bureau About VinFast VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.  Strongly committed to the mission of a sustainable future for everyone, the company constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility for a sustainable planet. Learn more at: www.vinfastauto.com.  Vietnam's prominent electric vehicle (EV) manufacturer, is set to establish an EV plant in Thoothukudi,...

Faisal Khan, the creator and CEO of MotorBeam, has made waves in the glitzy world of cars and celebrity endorsements with a lavish buy. Khan has his sights set on the gorgeous 2023 Lexus LC 500h. Discover the fascinating insights provided by the influential car guy himself as we delve into a thorough analysis of this premium hybrid-electric vehicle. https://www.instagram.com/reel/CwzI-z6N-vX/?utm_source=ig_web_button_share_sheet&igsh=ZDNlZDc0MzIxNw== Faisal Khan - The Man Behind the Wheel Prior to delving into the nuances of the elegant Lexus LC 500h, allow us to give special attention to the driver, Faisal Khan. Faisal is a dynamic entrepreneur who founded MotorBeam in 2008, transforming it from a college interest into a full-fledged career by 2012. Faisal, who holds an MBA in Finance from Symbiosis,...