Auto Industry News

The new Tata Ace Gold Petrol CX variant is offered in two variants with the flat-bed version priced at Rs. 3.99 lakh, whereas the half-deck load body variant is priced at Rs. 4.10 lakh.

Franco-Italian chipmaker STMicroelectronics raised full-year sales and investment outlook on Thursday as surging demand from car and phone makers boosted second-quarter profits and kept its factories under pressure to meet orders.

China's CATL on Thursday became the first major automotive battery maker to unveil a sodium-ion battery, saying it planned to set up a supply chain for the new technology in 2023.

Panasonic Corp said first-quarter operating profit surged more than 27 times, handily beating expectations as demand for home appliances and automotive batteries recovered from a particularly weak COVID-hit year.

India's crude oil imports in June dropped to their lowest level in eight months as refiners cut down processing in the face of a tumultuous second wave of the coronavirus, government data showed on Wednesday.

The last 1000 bookings for the Hyundai Alcazar have come in just over 5 days while the SUV had crossed the 11,000 bookings mark last week itself.

Stellantis has appointed Saurabh Vatsa and Nipun J Mahajan as the Brand Heads of Citroen India and Jeep India, respectively. Both will be responsible for Sales, Marketing, Aftersales, Product Planning & PR functions of their respective brands.

The US facility, based out of Silicon Valley, will be focussed on software development, data science and artificial intelligence.