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Section: News

Global automobile production dips due to low manufacturing
News
  Dec 31, 2021

Global automobile production dips due to low manufacturing

Around 10 million less vehicles were produced in 2021 as a result of supply chain issues, market intelligence group LMC Automotive has revealed.

Indian auto industry tensed over effect of Omicron
News
  Dec 30, 2021

Indian auto industry tensed over effect of Omicron

Speed breakers such as the third COVID-19 wave triggered via the spread of the Omicron variant in India as well as rising commodity prices might decelerate the automobile industry's recovery.

Daimler, BYD Tie Up for Auto Venture Denza
News
  Dec 30, 2021

Daimler, BYD Tie Up for Auto Venture Denza

Daimler Greater China Ltd. and BYD Auto Industry Co. Ltd. signed an equity transfer agreement in December to realign the structural setup of their joint venture.

Octopus Energy, Sterlite Partner to decarbonise Indian industries
News
  Dec 27, 2021

Octopus Energy, Sterlite Partner to decarbonise Indian industries

Octopus Energy and Sterlite Power have inked a pact to help decarbonise the Indian industry and bring cheaper green power to consumers around the world.

Biden takes step to control fuel related climate change
News
  Dec 27, 2021

Biden takes step to control fuel related climate change

In a major step to fight climate change, the Biden administration is raising vehicle mileage standards to significantly reduce emissions of planet-warming greenhouse gases.

Big fashion brands remove sustainability tags in NZ
News
  Dec 27, 2021

Big fashion brands remove sustainability tags in NZ

A Consumer NZ investigation into sustainable fashion claims resulted in four brands – H&M, Kate Sylvester Maggie Marilyn, and Ruby – removing their claims after they were unable to back them up.

Quest Global, NSP tie up to develop vehicle networking
News
  Dec 27, 2021

Quest Global, NSP tie up to develop vehicle networking

QuEST Global, a global product engineering services company, has announced its partnership with NXP Semiconductors to deliver software support for NXP's S32G Vehicle Network Processors.

Restructuring on at top management level in Indian auto industries
News
  Dec 27, 2021

Restructuring on at top management level in Indian auto industries

India’s auto industry is going through a churn and has seen several top-level exits. Automakers have announced departures from their top-level management or a change in their global leadership teams.

Two wheelers, passenger vessels sales fall due to low demand, inputs
News
  Dec 27, 2021

Two wheelers, passenger vessels sales fall due to low demand, inputs

India Ratings and Research (Ind-Ra) November 2021 report highlights the trends in the sub-segments of the auto sector, including passenger vehicles (PVs) and two/three-wheelers (2W/3Ws), focussing on sales volumes growth.

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