Three workers suffocated to death during a car test at Hyundai Motor’s plant in Ulsan, South Korea on Tuesday. According to South Korea’s news agency Yonhap the incident occurred due to an unspecified accident at the facility, which is Hyundai Motor’s largest production site globally.According to local media, two people were declared dead on-site, while…
NEW DELHI: The combined power of Navratri, Dussehra, Dhanteras and Diwali fired up car sales in Oct as retail numbers shot up by 26%, a booster at a time when demand scenario is tough, despite companies doling out hefty discounts.Total retail sales in the month are estimated at between 4.8 lakh and 4.9 lakh units…
Stock Market Today: The Indian equity benchmark indices, BSE Sensex and Nifty50, faced significant losses on Tuesday due to a massive outflow of foreign funds from the capital markets and weak global equities.The BSE Sensex dropped 930.55 points or 1.15 per cent to settle at 80,220.72, while the Nifty50 declined 309 points or 1.25 per…
Car discounts galore! Car manufacturers and dealers are offering substantial discounts, including cash discounts, exchange bonuses, and additional benefits, even on popular models, in an effort to clear a significant inventory buildup caused by slowing sales. According to trade insiders, major automakers like Maruti Suzuki, Hyundai, Tata Motors, Skoda, and Honda are all providing cash…
Tata Motors finally launched the Tata Altroz Racer in the Indian market. The hatchback was first showcased at the 2023 Delhi Auto Expo and then later at this year’s Bharat Mobility Expo. The Altroz racer is essentially a much sportier version of the regular variant and will feature a powerful engine, cosmetic tweaks, updated interior…
NEW DELHI: Expecting a bumper festival season, car and SUV makers reported an all-time high vehicle dispatch to dealerships on volumes estimated at 3.6 lakh units, surpassing the previous record of 3.5 lakh units achieved in September last year.The record number comes in as production at top car companies such as Maruti Suzuki, Hyundai and…
