Articles tagged with: automotive industry

Operating loss in Q4 due to EV sales slowdown: LG Energy

Seoul, Jan 9: LG Energy Solution Ltd (LGES), South Korea's leading battery maker, on Thursday estimated it swung to an operating loss in the fourth quarter from a year earlier amid slowing sales of electric vehicles (EVs).


BMW Group India clocks best-ever sales at 15,721 units in 2024 with 11 pc growth

New Delhi, Jan 7: Amid rising disposable incomes in an aspirational country, luxury car-maker BMW Group India on Tuesday said it achieved its best-ever annual car deliveries last year at 15,721 units with 11 per cent growth.


Sales of imported cars in South Korea decline for 2nd year in 2024

Seoul, Jan 6: Sales of imported cars in South Korea fell for the second straight year in 2024, while hybrid vehicles emerged as the top-selling fuel type for the first time, industry data showed on Monday.


S Korean carmakers' sales of eco-friendly models hit fresh high in 2024

Seoul, January 5: South Korean carmakers' domestic sales of eco-friendly cars hit a new record last year, driven by the popularity of hybrid models, data showed Sunday, Yonhap News Agency reported.


Articles tagged with: automotive industry