Kia India, the fastest-growing carmaker in the country, announced the sales of 1,00,000 units of its compact SUV – Sonet, a feat achieved in less than 12 months of its launch in India.

Ind-Ra has maintained an improving outlook for the auto ancillary sector and maintained a stable outlook on its rated portfolio for the second half of FY22. Credit metrics are likely to improve in FY22.

A Hyderabad-based company has built helmets with an inbuilt air-conditioner so that the industrial workers can be given good working conditions.

This year auto dealers expect the semiconductor shortage to result in sales dropping by about 30%. SIAM has asked the MEA to reach out to chipmakers to prioritise Indian automakers when plants reopen.

According to the report generated by India Ratings (Ind-Ra), the domestic auto sector is facing a tough time because of the shortages of semiconductor chips.

Under its Corporate Social Responsibility program, Escorts Ltd., conducted over last 42 days free COVID-19 vaccination camps, inoculating over 37,000 residents in and around Faridabad district in Haryana.

Montra E-bicycle will provide a range of up to 30 km in a single charge and up to 25 km/h maximum speed. The e-bicycle, priced at Rs 27,279, is an affordable and effective solution for daily travel.

This deal is among the biggest in the European auto parts industry and would create a big company with 150,000 employees. Faurecia beat out competition from car-parts maker Mahle and Plastic Omnium.

As per the report shared by Amara Raja batteries Limited, the Profit before Tax of the company stood at Rs 1.67 billion for Q1 of the financial year 2021-22.