The sales trends since the lockdown were enough to give the momentum to automakers but the festive season could be the big slice of pie everyone in the industry is eyeing. Here are TOI Auto’s big SUV picks for the festive season that has either hit the market already or gearing up for a grand entry soon.
Vitol Group, which traded more than 8 million barrels of oil and petroleum products a day in 2019, is getting into the used-car business. The used-car startup is the latest example of how the world’s biggest energy traders are trying to diversify their core business of buying, blending and transporting oil and refined hydrocarbon products amid the transition to greener fuels.
Automobile manufacturer Toyota Kirloskar Motor on Tuesday reaffirmed its commitment to India as being an integral part of the company’s global strategy. The company’s statement comes after a report by Bloomberg cited that future investments by the auto maker might stop given the high tax incidence in India.
Hyundai Motor became an automobile manufacturer to export both fuel cell systems and fuel cell electric vehicles. The export of its fuel cell system demonstrates Hyundai’s high technology and production capacity in support of eco-friendly energy businesses and advances its strategy to become a Smart Mobility Solution Provider with fuel cell technology playing a pivotal role, the Korean carmaker informed.
“Kia has sold more than 100,000 BEVs worldwide since the introduction of our first mass-produced BEV in 2011, the Kia Ray EV, ” said Kia President and CEO Ho Sung Song. “Since then, we have started to introduce a range of new BEVs for global markets and announced plans to accelerate this process in the years ahead. By refocusing our business on electrification, we are aiming for BEVs to account for 25 percent of our total worldwide sales by 2029.”
Audi Q8 looks the way a flagship should look like, drives with a lot of heart yet the interiors may divide opinions. Will Q8 fill the shoes of Q7? Looks very, very unlikely. That said, Q8 is something most of us can hardly afford. If you can, the GLS from Mercedes-Benz and BMW X7 present greater versatility. In case, you stick your neck out for Audi, RS Q8 is here to enthrall you.