Auto sector news: PV segment likely to see record 18-20 pc growth in FY24: Report

The Passenger Vehicles (PV) segment volumes are expected to log a record 18-20 per cent growth this fiscal as the pent-up demand levels off amid hike in vehicle prices, CareEdge said in a report on Tuesday. It also projected the PV sales volume to continue this growth momentum in the next fiscal, driven by factors … Read more

Christine Lagarde makes a poor central banker, ECB staff say  – POLITICO

Press play to listen to this article Voiced by artificial intelligence. FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the air of an international rockstar of finance, but back home her records just won’t sell.  Most participants in a trade union survey of ECB staff, seen by POLITICO, said … Read more

Kia India: Kia appoints Gwanggu Lee as MD and CEO of its India operations

Korean auto major Kia Tuesday announced the appointment of Gwanggu Lee as the new Managing Director and CEO of its India operations with immediate effect. Lee succeeds will Tae Jin Park, who is retiring after a 36-year journey with Kia Corporation and 4 years with Kia India. With over 30 years of experience in the … Read more

How to Develop and Cultivate a Growth Mindset

Opinions expressed by Entrepreneur contributors are their own. Unlike a static view of capability, a growth mindset flourishes when faced with challenges, viewing failure not as a sign of a lack of intelligence but as an encouraging platform for development and expanding current skills. At its core, a growth mindset is about the belief that … Read more

Toyota Kirloskar news: Toyota Kirloskar confident of continuing strong growth in 2024

Toyota Kirloskar Motor on Wednesday said it expects to continue the strong momentum next year after closing 2023 with record sales as rising demand from tier II and III markets is slated to fuel further growth. The company is set for a record year in terms of sales in 2023. It has already clocked a … Read more

Automakers brace for moderate sales after record 2023; gear up for more EV launches in 2024

After posting record-breaking volumes in 2023, Indian automobile industry is driving into the new year aware of a lurking moderation in sales growth but ready to embrace green technologies, led by electric vehicles. Passenger vehicle sales are expected to cross 40 lakh units this year and prices are set to rise from January. Veteran industry … Read more

EU spending rules talks on verge of missing end-of-year deadline – POLITICO

Last ditch talks between the EU’s finance ministers planned for Wednesday on an overhaul of the EU’s public spending rules look set to fall short amid continued disagreement between Germany, France and Italy, according to officials in Brussels. French Finance Minister Bruno Le Maire and his German counterpart, Christian Lindner, will face the press on … Read more

New EU short-term rental rules are an example to the world – POLITICO

Around 15 years after Airbnb began, EU institutions are in the process of giving their final approvals to the world’s first template on how to regulate our platform and industry. We not only welcome this watershed moment as an opportunity to begin a new chapter in our relationships with governments, but we believe the leadership … Read more