In an official announcement, Peugeot UK has finally revealed the cost and specifications of the upcoming, all-new 208 in the country. The automaker has also released details pertaining to the electric version of the 208 --- the e-208.
President Trump backed down on his tariffs increase on Chinese goods as the stock markets plunged. As the treasury yields turned negative, stock markets witnessed strong selling. Investors panicked and this led President Trump to have a conversation with banking leaders on the issue.
In another alarming sign for Indian automobile sector, Hero MotoCorp has announced that the company will keep its plant shut for four days on account of holidays and lower demand for its two-wheelers. Hero MotoCorp has been market leader in many two-wheeler segments and the company has witnessed strong growth in profit and sales over years.