Auto slowdown | Millennials want gadgets over cars, says Maruti’s RC Bhargava

Ride-hailing companies such as Ola and Uber have hit demand for new cars in India as young buyers don’t need to buy cars for commuting and can spend most of their income on electronic gadgets, said RC Bhargava, chairman of Maruti Suzuki India Ltd, the country’s largest carmaker. Bhargava’s latest statement supports the contention of finance minister […]

Audi Design Director Talks Radical Electric Cars And Becoming An Experience Brand

Audi has teased with the promise of an all-electric family under the e-tron badge for some time. These early cars were brilliantly radical. They experimented with what was then considered to be the electric vehicle vernacular – meaning a focus on aerodynamics, coupled with strong visual statements, elements in the grille and alloy design that pointed […]

Mercedes-Benz Tests Croove, a Car-Sharing Platform That’s Like Airbnb for Cars

Mercedes-Benz (OTCMKTS:DDAIF) is testing a car-sharing program it’s calling Croove in Germany. The program is like an Airbnb for cars in that users can loan out their cars to others. According to the luxury car manufacturer, sharing something you own with others is the basic idea behind the sharing economy. “The idea behind this new […]