News Apr 30, 2022 Extended lockdown in China may affect the domestic auto industry The operations of domestic automobile manufacturers may get further impacted if the lockdown in several cities of China, including Shanghai, to check Covid-19 infections gets prolonged.
News Feb 26, 2022 Ukraine crisis may hamper global auto industry Russian troops are on the move, pushing into two regions of separatist-controlled Ukraine and threatening to invade the rest of the country. But there could be some serious collateral damage to the U.S. and its allies.
News Jan 13, 2022 Cars24 launches mega refurbishment lab in Bengaluru Cars24, a leading e-commerce platform for pre-owned vehicles, said that it has launched its second largest Mega Refurbishment Lab in Bengaluru.
News Jan 06, 2022 Auto companies expect 2022 sales to be higher than 2021 Kumar Rakesh, senior automobile and technology analyst at BNP Paribas India, said that, raw material prices are stabilizing and price hikes would positively impact the margins of automakers.
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.
News Dec 27, 2021 Indian auto component industry grows in first half of 2021-22 Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced a growth of 65 per cent over the first half of the previous year.
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.
News Dec 14, 2021 Honda Motorcycle begins exports of 2W engine from India Powering its 250cc (& above) category two-wheelers, the dedicated engine line at Vithalapur (Ahmedabad district), Gujarat, is set to serve the global markets like Thailand, US, Canada, Europe, Japan, Australia, and Gulf nations among others.
News Dec 10, 2021 Stellantis to install software on vehicles for higher revenue Carmaker Stellantis announced a strategy to embed AI-enabled software in 34 million vehicles across its 14 brands, hoping the tech upgrade will bring in $22.6 billion in annual revenue by 2030.