Nissan Launched its First Electric SUV “The Ariya”

July 15th, 2020 Japanese carmaker Nissan launched its First EV SUV the Ariya at the price of $40,000.

Harley-Davidson fire CFO and 700 Employees

July 10th, 2020 Harley-Davidson announced that it’s eliminating 700 jobs and replacing CFO as part of its rebuild of the company plan.

Amazon agrees to buy self-driving startup Zoox for over $1 billion

June 26th, 2020 E-commerce company Amazon has agreed to pay over $1 billion to buy self-driving startup Zoox Inc.

TVS Motor acquires UK-based Norton Motorcycles

April 17th, 2020 TVS Motor has acquired UK-based iconic bike manufacturer Norton Motorcycles for GBP 16 million.

CarDekho to offer ESOP scheme worth $3.5 mn

February 11th, 2020 Automobile portal CarDekho will offer an ESOP cash-out scheme worth USD 3.5 million to about 100 of its current and former employees.

Volvo Cars and Its Chinese Owner Plan to Merge

February 10th, 2020 Volvo Cars and its Chinese owner considered to merge in a single entity for better financial results during this slow growth moment.

Israeli Start-up Kardome Raises Seed Funding from Hyundai

February 5th, 2020 Israeli startup Kardome raises seed round, led by Korean car giant Hyundai Motor Company.

Mahindra Acquire Fifth Gear Ventures For $4.2 Million

January 18th, 2020 Mahindra group acquire Fifth Gear Ventures Ltd, which operates car and bike platform, for up to Rs 30.45 crore.

Hyundai India Rolls Out Online Sales Platform

January 17th, 2020 Hyundai Motor India has launched an online sales platform in addition to its existing physical retail sales network.

Tata Nano Ends 2019 with Zero Production, Sold One Unit Only

January 7th, 2020 Tata Motors did not produce a single unit of Nano in 2019 although it sold just one unit.

Delivery of Tesla Made-in-China Model 3 set for December 30

December 29th, 2019 Tesla China aiming to begin deliveries of the all-electric Model 3 sedan from December 30th.

CarDekho Raises $70 Million Series D Funding

December 5th, 2019 CarDekho raises $70 million Series D in funding from China-based Ping An Insurance Group & Others.