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auto
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…
Mahindra will stop production of the XUV 500, with the launch of the XUV700, Auto News
The XUV500 was a runaway success when it was launched a decade back. Mahindra & Mahindra will stop production of the XUV500, with the launch of the XUV700. Interestingly the UV major unveiled the brand name of its much-awaited SUV,…
Automotive industry hits reverse gear with a distant recovery, Auto News
The notable losers are Honda Car India, Ford Motor India, Skoda Auto and Mahindra and Mahindra. They let off their ground to Korean duo of Hyundai-Kia and other new entrants.New Delhi: March 2021 portrays a grim picture. All the segments in…
Seven is the next league of SUV battle, Auto News
With Alcazar, Hyundai aims to further consolidate its hold on the SUV market without slicing or cannibalizing its existing portfolio.New Delhi: The new 7-seater SUVs are driving the market in tune with the growing appetite of consumers to…
Toyota recalls about 279,000 Venza crossovers for airbag deployment defect
Toyota Motor North America is recalling 279,040 older Venza crossovers because the supplemental restraint system wirings in some of them may become damaged with regular use of the driver-side door.
Damaged wires could cause the airbag…