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Browsing Category
auto
The latest numbers on the microchip shortage
Pickups are now bearing more of the load from the ongoing semiconductor chip shortage that’s been pummeling the industry for months. Pickups now account for 17 percent of the vehicles that have been taken out of North American production…
Chip shortage casts shadow over recovery
SHANGHAI -- Auto industry executives are rattled by a global shortage of semiconductors which is hitting production in China, after hoping the world's biggest light-vehicle market could spearhead global recovery in the sector.
Automakers…
Mercedes to add boxy EQB to EV lineup in U.S.
The EQB is positioned between the EQA and EQC in Mercedes' expanding range of full-electric vehicles. It will be a rival to models such as the Audi Q4 e-tron and VW ID4. Neither of those competitors offers seating for seven. The larger VW…
Tata Motors pays damages to CEO-designate, Auto News, ET Auto
Employment contracts, especially those of C-suite expatriate hires, include a clause on liquidated damages. Had Llistosella withdrawn from the offer, Tata Motors could have claimed damages for breach of contract. The March 19 statement by…
CV down to half of the peak volume in FY21; How industry experts see the sector reviving in FY22?,…
As the economy recovered from the covid-19 shock last fiscal, the demand for medium and heavy trucks picked up resulting in a YoY decline of 17% to 153,366 units. By Amit PandayNew Delhi: Commercial vehicle sales, the barometer of economic…
Auto industry still grappling with diversity, inclusion
At a time of social unrest stemming from incidents of police violence and questions of injustice, industries across the country are facing heightened concern over issues of diversity and inclusion.
The auto industry is no exception, a…
Global semiconductor shortage could last till first half of FY22, hurt automobile industry, Auto…
The current global semiconductor shortage, which has hit automotive companies across continents, could last through the first half of FY22 and disrupt output for an industry that is struggling to sell vehicles amid the episodic curbs on…
U.S. judge denies Stellantis supplier bid to compel chip supply for Jeep plant
A federal judge in Michigan on Friday denied a request to issue an emergency order forcing NXP Semiconductors to provide chips to a supplier of automaker Stellantis.
The supplier, JVIS-USA, had alleged that without the chips it has…
Richard Parry-Jones, architect of some of Ford’s greatest hits, dies at 69
Richard Parry-Jones, the Welsh product development boss who helped transform Ford Motor Co.'s European lineup in the 1990s and early 2000s, died Friday. He was 69.
Parry-Jones was involved in an accident on his farm in Wales, according to…
GM India to lay off 1419 workmen at Talegaon plant, invokes sec 25 of the Industrial Dispute Act,…
The company has intimated to the additional commissioner of Labour, Pune. In a letter to the commissioner GM India said due to rampant upsurge in Covid-19 pandemic, the company has been forced to lay off workmen. US Carmaker’s Indian…
Rural prosperity drives Tractors ahead of Trucks in sales and revenues for the first time ever in…
In terms of revenue, according to an ETIG analysis, tractor sales have generated around Rs 48,500 crore in the year ended March 31, 2021. Revenue from commercial vehicles, which are priced higher, is estimated at Rs 47,500 crore.Mumbai:…
Honda Cars recalls 77,954 units of select models to replace faulty fuel pumps, Auto News
The recall impacts models, Amaze, 4th generation City, WR-V, Jazz, Civic, BR-V, and CRV, which have been manufactured between January 2019 and September 2020.Honda Cars India Ltd (HCIL) on Friday announced the recall of 77,954 units of…
Two-wheeler sales fall despite demand recovery in H2 FY21, Auto News
By Amit PandayThe domestic wholesales of two-wheelers declined 13.19% year-on-year during the Coronavirus pandemic-hit FY21 even as the demand recovery in three out of four quarters last fiscal failed to lift the annual volumes, points out…
Nissan said to furlough 800 UK workers as microchip shortage hits output
TOKYO -- Nissan will furlough about 800 workers at its Sunderland plant in the UK, as output slows there because of a semiconductor shortage, the Nikkei newspaper reported.
The workers, who represent about a tenth of the workforce at the…
Maruti Suzuki, Auto News
Executives say that the companies are evaluating the potential impact of such people movement from industrial clusters in the near future.Amit PandayNew Delhi: The passenger vehicle segment is expected to record sales of up to 32.9 lakh…
Mercedes enters new era with flagship sedan going electric
Mercedes-Benz has long billed the S-Class as the pinnacle of luxury and performance for the combustion age. It's now intent to do the same with a full-electric sibling.
The EQS sedan Mercedes will unveil Thursday has a market-leading…
Daimler first-quarter earnings soar on China recovery, demand for Mercedes-Benz
Daimler reported strong first-quarter earnings, driven by robust demand for Mercedes-Benz cars, particularly in China.
Group earnings before interest and tax were 5.75 billion euros ($6.9 billion) for the first three months, the company…
Automakers plan another round of price hike in Q2 to offset rising input cost, Auto News
For auto companies it has become difficult to sustain the prices of their commodities for a long time as it would impact their gross margins.New Delhi: Looking at the current commodity trend, the top executives of Indian auto OEMs did not…
India to spend $200 million in next 5-7 years to promote hydrogen use, Auto News
Oil minister Dharmendra Pradhan said at the online conference the government planned to scale up use of hydrogen blended with compressed natural gas (H-CNG) as a transportation fuel.CHENNAI: India will spend $200 million over the next five…
Vingroup said to plan second VinFast car plant in central Vietnam
HANOI -- Vietnam's biggest conglomerate Vingroup is looking to establish a second VinFast automobile plant in the country, according to documents submitted to local authorities which were reviewed by Reuters.
The planned construction would…
Hyundai to again suspend key plant over chip shortage, Auto News
It expects the four-day suspension will result in more than 4,000 vehicles in production losses.Seoul: Hyundai Motor said on Friday that it will again suspend the Sonata-producing plant in South Korea for two days next week due to an…
Stellantis supplier seeks court order to compel chip supply for Jeep plant
A federal judge in Michigan will hear arguments Friday on whether to issue an emergency order forcing NXP Semiconductors to provide chips to a supplier of automaker Stellantis.
The supplier, JVIS-USA, alleges that without the chips it has…
Impact on auto industry, Auto News
Ironically, the success of the assessees in Westinghouse Saxby presents a grave danger to plenty of other taxpayers. By Narasimhan B.L. & Rohan MuralidharanIn order to appreciate the wide-ranging ramifications of the judgment, we may…
Tesla, ex-engineer Cao Guangzhi settle lawsuit over Autopilot source code
BEIJING -- Tesla has settled a lawsuit against a former employee who copied the source code of the electric-vehicle maker's Autopilot technology, according to a U.S. district court filing dated April 15.
Tesla filed the lawsuit in 2019,…
How can retail team-centric innovation alter fortunes of auto OEMs?, Auto News
When the development of the retail Infrastructure is customer-oriented, the results will be phenomenal.By Nitin TuliOver the past decade, the Indian passenger vehicle market has been the fastest-growing in its segment. India is expected to…
Certified range vs. actual, read the fine print for reality in EVs, Auto News
Consumers are more interested in "Kitna Deti Hai" than the technology that goes into sustainable mobility.By : Thejas SaipangalluRecently the Delhi government delisted Tata Nexon EV, the electric version of Tata Nexon car, from the subsidy…
SsangYong in receivership as owner Mahindra fails to find buyer
SEOUL -- South Korea's SsangYong Motor Co. has been put under court receivership, the Seoul Bankruptcy Court said on Thursday, in an attempt to rehabilitate the carmaker after majority owner Mahindra and Mahindra failed to secure a buyer.…
Tesla’s Musk tried and failed to tempt VW’s Diess to run EV maker
Already at BMW, Diess was one of the biggest advocates of electric mobility and a supporter of the automaker's Project i, which launched the i3 full-electric hatchback in 2013 and i8 plug-in hybrid sports car a year later.
As early as…
Ferrari brings forward launch of first EV
MILAN -- Ferrari is bringing forward the sales launch of its first full-electric car amid an accelerating industry shift to electrification.
The automaker will unveil the car in 2025, the automaker's chairman, John Elkann, told…
Stellantis CEO Carlos Tavares vows to speed up electric shift
Newly-created automotive group Stellantis will offer electrified versions of almost all of its European lineup by 2025, as the industry faces regulatory pushes in Europe and China to accelerate the shift to zero-emission cars.
Formed in…