Auto Industry News

Mahindra and Mahindra To Expand Stake In Swaraj Engines Ltd
The company proposes to expand its stake from 34.72% to 52.13% via acquisition of shares from Kirloskar Industries Limited.

Tata Motors Rolls Out 4,00,000th Nexon Subcompact SUV; Introduces A New Top-End Variant
Sep 21, 2022 07:07 PM
The Tata Nexon has crossed a production milestone of 4 lakh units in 5 years. To commemorate this milestone, the carmaker has also launched a new top-end XZ+(L) variant of the Tata Nexon.

MoRTH Digitises Vehicle Scrappage By Reducing Few Processes
Sep 21, 2022 04:44 PM
As per a new notification from the Ministry of Road Transport and Highways, the vehicle scrappage process can now be completed via the Vahan portal among other regulation changes.

India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt Alarms
Sep 21, 2022 04:43 PM
The last date for public comments on draft rules is Oct. 5, according to the notification.

Planning To Buy A Used TVS Apache RTR 160 4V? Here Are Some Pros And Cons
Sep 21, 2022 01:21 AM
Based on the model year and the condition of the motorcycle you can get a used TVS Apache RTR 160 4V for around Rs. 60,000 to Rs. 1 lakh. But before you start looking for one, here are some pros and cons you must consider first.

Tesla Weighs Reset For China Retail Strategy Even As Sales Boom
Sep 21, 2022 01:16 AM
Tesla is reevaluating the way it sells electric cars in China, its second-largest market, and considering closing some showrooms in flashy malls in cities like Beijing where traffic plunged during COVID restrictions, two people with knowledge of the plans said.

Indian Shares Post Weekly Decline As Tech, Autos Tumble
Sep 21, 2022 01:10 AM
Indian shares dropped nearly 2% to register a weekly decline, dragged by a sharp fall in technology and automobile stocks following a broader global selloff over recession worries.

Upset By High Prices, GM's Cruise Develops Its Own Chips For Self-Driving Cars
Sep 21, 2022 12:59 AM
General Motors' autonomous driving unit Cruise has developed its own chips for self-driving cars to be deployed by 2025, as they aim to bring down costs and scale up volume, executives said.

Oil Dips Nearly 1%, Reversing Gains After Bearish U.S. Economic Data
Sep 21, 2022 12:56 AM
Oil prices ended nearly 1% lower, reversing earlier gains as U.S. consumer prices unexpectedly rose in August, giving cover for the U.S. Federal Reserve to deliver another hefty interest rate increase next week.

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