auto

Large auto dealerships based in other states are also worried over the limited or delayed supply of vehicles shipped from the states currently having partial lockdowns.By Amit Panday, Nabeel A Khan & Shruti MishraNew Delhi: As Delhi…

"Just stick me in the back of a Land Rover and drive me to Windsor." Those are reportedly the funeral instructions that Prince Philip gave to his wife, Queen Elizabeth II, before he died April 9 at age 99. The Duke of Edinburgh began…

China, where over 25 million vehicles were sold last year, become a ray of hope for automakers, including VW and General Motors, as the global auto industry was hit hard by the pandemic. However, China is also where news of the auto chip…

BMW Group’s China joint venture with Great Wall Motor is set to start production in 2023, as the automaker aims to have electric vehicles make up a quarter of its sales in the country. The construction of a manufacturing plant with Great…

Mesonero strengthens the top management team that new Alfa Romeo CEO Jean-Philippe Imparato is putting together to try to reverse the declining fortunes of the sporty premium brand. Stellantis CEO Carlos Tavares has tasked Imparato, who…

The EV market has been growing at an annual rate of 20% and is dominated by five major players: Tata, Mahindra & Mahindra Ltd., MG Motor India, Olectra Greentech Ltd. and JBM Auto Ltd. Startups also are joining the fray. Local…

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…

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…

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…

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 Had Llistosella withdrawn from the offer, Tata Motors could have claimed damages for breach of contract.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…

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…

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…

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…

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, 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…

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…

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:…

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…

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…

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…

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-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 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…

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…

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…

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…

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…

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…

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…

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,…