UAE was 1 of the very last spots which bought severely influenced by the semiconductor crisis. Whilst points were manageable till the stop of 2021, the predicament seriously worsened at the start out of the year. And out of all the makes, it’s Land Rover that is suffering the most. […]
Jaguar Land Rover sees rebound after lowering quarterly loss
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 […]