Auto Industry News

BMW said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars, but other charges related to emissions technology were dropped.

South Korea's Samsung SDI Co may build a battery cell plant in the United States to support the auto industry's shift to electrification, a company source with close knowledge of the matter told Reuters on Thursday.

U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.

Ford India has recently discontinued the entry-lever Titanium 4x2 AT variant of the Endeavour. The base variant of the popular full-size SUV was priced in India around Rs. 30 lakh, and with the trim no longer being on offer, prices for the 2021 Ford Endeavour now starts at Rs. 33.80 lakh (both ex-showroom, Delhi).

Mercedes-Benz India had targeted over 50 per cent sales growth in H1 2021 and has managed to achieve well beyond, and now the company has ramped up production to meet demand for all existing and newer models.

Tata Motors Group has released the global wholesales numbers for the first quarter of Financial Year 2021-22. Between April and June 2021, the company's collective sales, including Jaguar Land Rover, stood at 2,14,250 units.

LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade, LGES said on Thursday.

Lotus unveiled its last ever petrol car on Tuesday, a milestone in the British sportscar brand's journey towards becoming an all-electric and far bigger automaker by the end of the decade.