Auto Industry
Charanpreet Singh
Jul 20, 2021, 6:08 PM
In a regulatory filing with the Bombay Stock Exchange (BSE), Mahindra & Mahindra announced that it has recalled around 600 vehicles manufactured at Nashik facility over suspicion of premature wear of engine parts due to contaminated fuel.
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Reuters | Jul 20, 2021India Seeks Lower Oil Prices As High Pump Prices BiteOil prices in the global market this month hit their highest level in more than two years as the global economy recovers from the COVID-19 pandemic. However, prices fell on Monday after OPEC and other key producing countries agreed on Sunday to increase oil supply from August to cool prices.1 min read
Charanpreet Singh | Jul 19, 2021Rajasthan EV Policy 2021: State Government To Offer Subsidies Of Up To Rs. 20,000 On EVsThe state government will subsidise the upfront cost of electric vehicles (EVs) for early adopters by reimbursing the state goods and service tax (SGST) and extending a one-time incentive, depending upon the battery capacity of the EV sold.1 min read
Kingshuk Dutta | Jul 19, 2021Tatas In Talks With West Bengal Government For Big Ticket InvestmentsOne of the biggest business conglomerates in India, the Tatas, are in talks with the West Bengal government over big ticket investments in the state.1 min read
Reuters | Jul 19, 2021Suzuki To Enter Electric Vehicle Market By 2025, Starting With India: ReportThe automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account.1 min read
Ameya Naik | Jul 20, 2021Hyundai Alcazar Receives 11,000 Bookings Since Its LaunchThe company has already sold 5600 units of the Alcazar in the country and it plans to ramp up production based on the demand.1 min read
car&bike Team | Jul 19, 2021American Father And Son Sentenced To Prison By Tokyo Court For Helping Carlos Ghosn Escape JapanUS Army Special Forces veteran Michael Taylor has been sentenced to two years imprisonment, while his son Peter is sentenced to one year and eight months for helping former Nissan Motor Co. Ltd. Chairman Carlos Ghosn flee to Lebanon in 2019.1 min read
car&bike Team | Jul 18, 2021Tesla Launches Subscription Service For Advanced Driver Assistance SoftwareTesla is offering customers the option to subscribe to its advanced driver assistance software, dubbed "Full Self-Driving capability", for $199 per month, instead of paying $10,000 upfront.1 min read
Seshan Vijayraghvan | Jul 18, 2021ZF Plans To Achieve 3 Billion Euro Revenue From The Indian Market By 2030: ReportZF plans to establish India as a region with decision-making power to drive the business. The company wants to achieve a revenue of 3 billion euros, by 2030, out of which 2 billion euros will come from sourcing volumes alone.1 min read
