Auto Industry
car&bike Team
Aug 4, 2021, 8:46 PM
BMW raised its 2021 profit forecast on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
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Sameer Contractor | Aug 4, 2021India's Team Averera Wins The First Shell Eco-Marathon Virtual League ChampionshipTeam Averera from the Indian Institute of Technology BHU garnered 1498 points throughout the 2021 season beating over 200 teams to the title globally.1 min read
PTI | Aug 4, 2021E-Vehicles Exempted From Registration Certificate FeesThe Ministry of Road Transport and Highways on Tuesday said it has issued a notification to exempt battery operated vehicles from the payment of fees for issue or renewal of registration certificate.1 min read
car&bike Team | Aug 4, 2021China's Electric Vehicle Makers Report Strong July SalesElectric vehicle sales at China's Li Auto and Xpeng Inc more than tripled in July from a year ago, while they doubled at Nio Inc, helped by robust demand for new energy automobiles in the world's biggest auto market.1 min read
Seshan Vijayraghvan | Aug 3, 2021Stellantis Announces Multiple New Leadership Appointments in IndiaJust days after appointing new business heads for the Citroen and Jeep brands in India, Stellantis, the multinational automotive corporation formed with the merger of FCA and Groupe PSA, has now made several new leadership appointments in India.1 min read
Charanpreet Singh | Aug 3, 2021Omega Seiki Mobility Signs MoU To Set Up EV Manufacturing Facility In Uttar PradeshAs a part of this collaboration, the Omega Seiki Mobility will invest Rs. 100 crore in the state, and will also be creating 10,000 jobs in the next two years in Ghazipur.1 min read
Seshan Vijayraghvan | Aug 3, 2021Daimler India Appoints Anshum Jain As The New Chief Operating OfficerDaimler India Commercial Vehicles (DICV), the maker of BharatBenz Trucks and Buses has announced appointing Anshum Jain as the new Chief Operating Officer (COO). Jain, who until recently served as the Chief Operating Officer of Wirtgen Group, the subsidiary of John Deere, before joining DICV.1 min read
Charanpreet Singh | Aug 2, 2021Auto Sales July 2021: Mahindra Farm Equipment Records 5 Per Cent Sales Growth In Domestic MarketIn July 2021, Mahindra's Farm Equipment Sector sold 25,769 tractors in the domestic markets, witnessing a growth of 5 per cent compared to 24,463 units sold in July 2020.1 min read
Seshan Vijayraghvan | Aug 2, 2021Renault India Begins Exporting Kiger Subcompact SUV To South AfricaRenault India has announced commencing exports of its subcompact SUV, the Renault Kiger, to South Africa. The company has despatched the first batch of 760 Kiger SUVs from the Chennai Port.1 min read
