News Apr 11, 2022 Vehicle prices to go up due to high input costs Small cars, sports utility vehicles, sedans, and two-wheelers are set to get costlier with automakers raising prices to partially absorb the impact of high material costs.
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 Feb 02, 2022 OLA to set up R&D facility for electric car in UK Indian tech company Ola has announced plans to invest Pound 100 million in the UK to open a research and development facility for a planned electric car, in a significant boost to the British automotive industry.
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 21, 2021 French auto workforce may shrink due to shift to electric vehicles France risks losing nearly a third of its automotive jobs by the end of the decade in the accelerating transition to electric vehicles.
News Dec 17, 2021 Skoda India MD Gurpratap Boparai resigns Gurpratap Boparai, the MD of the Indian subsidiary of the Volkswagen Group - Skoda Auto Volkswagen has resigned from his position as the head of the company.
News Dec 09, 2021 European auto suppliers warn of massive job loss due to EV switchover Half a million jobs would be at risk under EU plans to effectively ban combustion-engine cars by 2035, according to European auto suppliers.
News Dec 02, 2021 Samsung launches auto chips for high-end cars Samsung Electronics Co. unveiled three new automotive chips as demand for advanced chips is growing among global carmakers to produce cars with better connectivity and more sophisticated infotainment features.
News Dec 02, 2021 EVs to constitute half of auto market in US, China by 2030: Survey Auto industry executives expect electric vehicles will make up just over half of new vehicle sales in the United States and China by 2030 and could do so without receiving government subsidies.