India's top auto dealers’ group has asked the Indian government to draft rules to safeguard their interests when global automakers decide to leave the market as Ford has said it will do.

An ongoing global shortage in semiconductors is on track to cost the world’s automakers $210bn in lost revenue this year, almost double that of previous estimates.

OEMs are struggling to supply adequate vehicles to dealers. FADA’s outlook remains a mixed bag with PVs witnessing demand-supply mismatch and the 2W segment facing a demand crunch.

At the Hydrogen Wave global online forum, Hyundai Motor Group has presented its vision to promote hydrogen energy and set up a global hydrogen society.

M&M will observe seven no-production days at its plants in September. The company added that there will be no material impact of the halt on the XUV7OO production ramp-up and launch plans.

ZF has launched its next generation mid-range radar to support advanced ADAS safety functions and enhance the available ZF coASSIST semi-automated system on the Dongfeng Aeolus Yixuan MAX in China.

HARMAN launched the JBL CLUB 605 CSQ – car speaker system and JBL Celebrity 100 – Bluetooth enabled Car Multimedia player for optimum sound quality and convenient audio experience while driving.

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.

The CII President said that the Indian auto ancillary industry should expand its export list and reach at least 5% of global components trade by 2026. He shared his views at the 61st annual session of ACMA.