Auto Industry News

Just ahead of the festive season, Honda Two-Wheelers registered12 per cent growth over August 2021 in domestic sales volumes.

Tesla delivered 241,300 vehicles globally in the July to September quarter, up 73% from a year earlier.

Sulajja Firodia Motwani, Founder and CEO, Kinetic Green Energy and Power Solutions and co-founder Rithesh Mantri on Friday met Andhra Pradesh CM, YS Jagan Mohan Reddy to discuss the investment plans.

The drop in sales is primarily attributed to the semi-conductor issue. Chip shortage has become a global concern and has impacted several other industries along with the auto sector.

The Government of Maharashtra has announced signing a Memorandum of Understanding (MoU) with Causis E-Mobility, for setting up a zero-emission EV manufacturing facility in the state. Causis E-Mobility Pvt Ltd, a joint venture (JV) company of UK-based Causis Group, will be investing Rs. 2,823 crore to build the new plant, which will come up in Talegaon.

Honda Cars India has cited semiconductor issue as the reason for the shortage in supply, ultimately leading to drop in its sales numbers.

Hyundai India sold 45,791 units (domestic + exports) in September 2021 recording a drop of 23.6 per cent when compared to 59,913 units.

Mercedes-Benz India has announced that it will launch the locally assembled S-Class luxury sedan in India on October 7, 2021.