Auto Industry
Reuters
Jul 27, 2021, 12:39 AM
Coronavirus cases continued to rise over the weekend with some countries reporting record daily increases and extending lockdown measures that could slow oil demand.
1 Min
Reuters | Jul 27, 2021Tata Motors Sees Demand Recovering, Warns Of Short Term Impact Of Chip ShortageTata Motors reiterated that it expected the chip supply crunch in the second quarter to be greater than in the first, likely resulting in wholesale volumes at JLR to be about 50% lower than planned.1 min read- car&bike Team | Jul 26, 2021Tata Motors Reveals Q1 FY2022 Results; Revenue Stands At Rs. 66,406 CroreTata Motors ends Q1 FY2022 with a good performance. The net loss for Q1 FY2022 was almost halved from Rs. 8,437.99 crore to Rs. 4,450.92 crore. Total revenue stood at Rs. 66,406 crore.1 min read
- Reuters | Jul 26, 2021JLR Parent Sees Demand Recovering, Warns Of Short Term Impact Of Chip ShortageTata says demand remains strong for Jaguar Land Rover (JLR) and India passenger vehicles, with commercial vehicles seeing a gradual improvement.1 min read
Charanpreet Singh | Jul 26, 2021Kia To Suspend Production At South Korea Plant Due To COVID-19The suspension at assembly line No. 1 of the Sohari facility may be extended further depending on the result of coronavirus tests on its workers, a company spokesman said.1 min read
car&bike Team | Jul 25, 2021Volvo Cars Global Sales Grow 41% In The First Half Of 2021Volvo Cars aims to become the fastest transforming company in the sector and to be fully electric by 2030.1 min read
Reuters | Jul 25, 2021Mercedes-Benz Hits Accelerator In E-car Race With TeslaDaimler said that as of 2025, it expects electric and hybrid electric cars will make up 50% of sales - with all-electric cars expected to account for most of that - earlier than its previous forecast that this would happen by 2030.1 min read
Reuters | Jul 25, 2021EV Startup Rivian Announces $2.5 Billion Funding Round Led By Amazon, FordThe announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant.1 min read
Reuters | Jul 25, 2021GM To Add Automatic Lane-Change, Other Features To Driver Assistance TechThe features - to be available in vehicles like the Cadillac Escalade and the Chevrolet Silverado - will also include trailering for trucks and SUVs, and an enhanced navigation display.1 min read
