Auto Industry News

Daimler Indian Commercial Vehicles (DICV) has announced appointing Manish Thakore as the company's new Chief Financial Officer (CFO). Thakore has replaced Leonardo Piccinini as the CFO of DICV, and he is now also a part of the company's Executive Board.

The move to clean technologies comes as Tesla Inc is gearing up to enter India and is lobbying for lower import duties on electric cars.

Maruti Suzuki India has issued a recall for nearly 1.82 lakh vehicles, which includes the petrol models of the Ciaz, Ertiga, Vitara Brezza and XL6. The recall is to inspect and replace the vehicle's Motor Generator Unit, which may have a potential safety defect.

CEAT Tyres has announced entering a partnership with Royal Enfield to be the official tyre supplier for the newly launched Classic 350 motorcycle.

Bosch Group and Nikola Corp have partnered to build Bosch fuel-cell power modules at the U.S. vehicle maker's facility in Coolidge, Arizona for two of its trucks powered by hydrogen fuel-cells.

Chinese electric vehicle (EV) maker Nio Inc on Wednesday cut its delivery forecast for the third quarter this year due to uncertain and volatile semiconductor supplies.

Chinese smartphone giant Xiaomi Corp said on Wednesday it has completed the official business registration of its electric vehicle unit, marking the latest milestone in its push into the automotive sector.

Tesla Inc temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter.