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Auto Industry
car&bike Team
Oct 2, 2021, 12:17 AM
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.
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Shubham Parashar | Oct 2, 2021Car Sales September 2021: Honda Cars India Records 33.66 Per Cent DeclineHonda Cars India has cited semiconductor issue as the reason for the shortage in supply, ultimately leading to drop in its sales numbers.1 min read
Shubham Parashar | Oct 1, 2021Car Sales September 2021: Hyundai Records 34.2 Per Cent Decline In Domestic MarketHyundai India sold 45,791 units (domestic + exports) in September 2021 recording a drop of 23.6 per cent when compared to 59,913 units.1 min read
car&bike Team | Oct 1, 2021Locally Assembled Mercedes-Benz S-Class To Be Launched Next WeekMercedes-Benz India has announced that it will launch the locally assembled S-Class luxury sedan in India on October 7, 2021.1 min read
Shubham Parashar | Oct 1, 2021Car Sales September 2021: MG Motor India Records 28 Per Cent Sales GrowthMG Motor India has recorded a slump in MoM sales which is primarily attributed to the chip shortage leading to supply constraints at the carmaker's end.1 min read
Seshan Vijayraghvan | Oct 1, 2021Former President & MD Of Ford India Anurag Mehrotra Joins Tata MotorsAnurag Mehrotra, the former Head of Ford India, has now joined Tata Motors as Vice President - International Business and Strategy of its Commercial Vehicle Business Unit (CVBU). He will likely report to Executive Director & Head, CVBU, at Tata Motors.1 min read
Seshan Vijayraghvan | Oct 1, 2021Car Sales September 2021: Maruti Suzuki Witnesses A Decline Of 46% Due To Chip ShortageIn September 2021, Maruti Suzuki India's total sales stood at 86,380 units, witnessing a 46 per cent decline compared to 160,442 vehicles sold in September 2020. The company says that its sales volume was severely impacted due to a shortage of electronic components like semiconductor chips.1 min read
Shubham Parashar | Oct 1, 2021Car Sales September 2021: Toyota Kirloskar Motor Records Sales Decline Of 27.30 Per CentToyota recorded a month-on-month (MoM) growth of 14 per cent as it sold 8116 units in August 2021 while its year-to-date (YTD) sales went up by 98 per cent.1 min read
Seshan Vijayraghvan | Oct 1, 2021Ola Electric Raises over $200 Million In Funding At A Valuation Of $3 BillionOla Electric, the EV arm of ride-sharing app Ola Cabs, has announced raising more than $200 million, or Rs.1,486 crore, in the latest round of funding led by Falcon Edge, Softbank and other investors.1 min read
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