Tata Motors claimed it expects revenue and cash flow to bounce back again in the next 50 percent thanks to healthy desire for its Jaguar Land Rover vehicles and a drop in domestic steel fees. The organization documented a consolidated internet loss of 9.45 billion rupees ($115.95 million) for the […]
Luxury Cars Market to record USD 78.32 Bn incremental growth; Market to have Fragmented Structure
NEW YORK, Nov. 10, 2022 /PRNewswire/ — The global luxury cars market size is expected to grow by USD 78.32 billion, accelerating at a CAGR of 4.64{da793fdcd3fe679df000853cab620e3a76d4f41f7c86540cc967171bbb315377} between 2021 and 2026, according to the latest market research report by Technavio. The market is highly competitive, with an increasing demand for […]
The 2023 BMW i7 proves a luxury car doesn’t need internal combustion
Enlarge / BMW is now confident enough in its EV powertrains that it’s made a fully electric 7 Series alongside the gasoline-powered versions. Jonathan Gitlin PALMS SPRINGS, Calif.—For decades, automakers like BMW and Mercedes-Benz have fought each other in group tests for the title of “world’s best car,” an honor […]
BMW Says Less Expensive Cars Will Remain In Production
BMW Chief Executive Oliver Zipse has explained that even with the automaker’s status as a luxurious carmaker it would not be abandoning lessen-priced segments whilst it swaps above to electric cars. While the general trajectory for the Bavarian marquee – and the automotive market in standard – over the very […]
See Which 10 Cars Depreciate The Most In Five Years
The automotive market has gone crazy in the last several months. Many different factors – including Covid-related supply and production disruptions – contribute to an unstable environment, which has a negative effect on the prices of new and used cars. Overall, five-year depreciation is almost at record levels and there […]
Man who flaunted private jets, luxury cars on Instagram gets 11 years in prison for money laundering
A Nigerian social media influencer who flaunted a lavish life style of private jets and luxurious vehicles has been sentenced to 11 yrs in prison around charges similar to a multimillion-greenback scam that qualified businesses in the United States and overseas.Ramon Abbas, recognized to his thousands and thousands of Instagram […]