Auto Industry News

U.S. Automakers To Say They Aspire To Up To 50 Per Cent Of EV Sales By 2030: Reports
Biden will deliver remarks at 3 p.m. EDT (1900 GMT) on Thursday on the steps his administration is taking to strengthen American leadership on clean cars and trucks, the White House said. It did not say who would attend the event.

World's New Highest Motorable Road Constructed At Umling La, Ladakh
Aug 6, 2021 01:01 AM
The Border Road Organisation (BRO) has built the world's highest road at Umlingla Pass in eastern Ladakh at an altitude of 19,300 feet.

Uber Posts $509 Million Adjusted Loss On Driver Incentives Even As Trips Rise
Aug 6, 2021 01:00 AM
Uber Technologies Inc on Wednesday reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after-hours trade.

Taiwan's Foxconn Buys $90.8 Million Wafer Plant From Macronix, Eyeing EV Chips
Aug 5, 2021 11:34 PM
In a joint news conference, Foxconn and Macronix said the sale of the 6-inch wafer fabrication plant (fab) in Taiwan's chip-making hub of Hsinchu will be finalised by the end of this year. The plant is not currently in operation.

Renault Celebrates 10 Years In India With A New Renault Kiger RXT (O) Variant; Announces Other Benef
Aug 5, 2021 09:54 PM
The Renault Kiger RXT (O) trim is positioned below the RXZ trim and is more affordable than the top-end variant.

Tata Motors To Consider Launching Lower-Spec Variants Of The Tiago NRG
Aug 5, 2021 09:48 PM
Tata Motors has launched the Tiago NRG in just the range-topping trim for now but will consider introducing lower variants as well if the model garners strong demand.

Hyundai To Take Stake In German Hydrogen Fuelling Group H2 Mobility
Aug 5, 2021 05:39 PM
Hyundai Motor Co will invest in Germany's H2 Mobility network of hydrogen fuelling station operators, it said on Thursday, as it looks to support infrastructure for fuel cell-powered vehicles.

Tata Motors Expects Strong Demand For The Tiago NRG From Tier 2 Cities and Small Towns
Aug 5, 2021 03:46 PM
The previous BS4 version of the Tata Tiago NRG crosshatch which was based on the pre-facelift Tiago accounted for 10 per cent of Tiago's overall sales in its brief period and was well accepted in rural markets.

2021 New York Auto Show Cancelled; Will Return To Its Spring Schedule In 2022
Aug 5, 2021 03:43 PM
Organisers of the 2021 New York Auto show have pulled the plug on the much-awaited event having concerns regarding the safety of visitors and exhibitors anticipating the third-wave of COVID-19.

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