financetom
News
financetom
/
News
/
Auto this week: Tiago EV launched, Porsche's $72-bn IPO, Toyota flex-fuel car & more
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Auto this week: Tiago EV launched, Porsche's $72-bn IPO, Toyota flex-fuel car & more
Sep 30, 2022 11:56 PM

October is expected to be a week with some exciting car launches in the second half of the month. Here are the major headlines from the world of automobiles in the past week, in case you missed them.

Porsche debuts with $72-billion IPO

German luxury carmaker Porsche made its debut on the German stock market after a bumper $72-billion IPO, the second-largest seen in the country. The IPO puts the company’s market cap equal to its parent, Volkswagen AG, in terms of valuation.

Citroen C3 EV launched

French carmaker Citroen launched its EV SUV Citroen C3 in India on September 29. The EV launch comes just a few weeks after the ICE Citroen C3 was launched in the country.

Tata Tiago EV, India’s cheapest EV, launched

Tata Motors on September 28 launched Tiago EV variants that come for a starting ex-showroom price of Rs 8.49 lakh. The hatchback is the cheapest EV in India at the moment. Tiago EV variants will be priced between Rs 8.49 lakh and Rs 11.79 lakh ex-showroom.

Toyota launches flex-fuel pilot

Japanese automobile multinational Toyota launched its flex-fuel pilot in India this week. The car will be capable of running on more than one type of fuel, or a mixture of petrol with ethanol or methanol, with a full launch later in the month.

Maruti Suzuki Grand Vitara starting from Rs 10.45 lakh

Maruti Suzuki India Limited has announced the prices of the Grand Vitara starting at Rs 10.45 lakh to Rs 17.05 lakh, ex-showroom. Grand Vitara's intelligent electric hybrid would cost between Rs 17.9 lakh and Rs 19.65 lakh.

(Edited by : Shoma Bhattacharjee)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved