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Extended lockdown in China may affect the domestic auto industry
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.

Ukraine crisis may hamper global auto industry
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.

Cars24 launches mega refurbishment lab in Bengaluru
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.

Auto companies expect 2022 sales to be higher than 2021
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.

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.

Indian auto component industry grows in first half of 2021-22
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.

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.

Honda Motorcycle begins exports of 2W engine from India
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.

Stellantis to install software on vehicles for higher revenue
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.

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