Amid the anticipation for the Apple car poised to be launched soon, the Chinese e-commerce giant, Alibaba steals the show with its electric sedan, IM. These next-generation self-driven electric cars could shake up the auto industry not only in Asia but the whole world?
As businesses in China anticipate a revival post the COVID-19, Elon Musk’s Tesla has surged its shipments in China with its Shanghai plant increasing production.
With its major manufacturing plants being shut down, the Indian automobile industry is the latest to have been seriously jolted by the coronavirus outbreak.
Maruti Suzuki’s profit drop for the fourth consecutive quarter to its lowest in three-and-half years, as the slowdown in the automobile market got worse and the nation’s largest carmaker had to spend more to entice buyers.