Auto Industry

car&bike Team

Apr 29, 2022, 11:49 PM

Toshiba To Invest $1 Billion To Double Power Chip Production

The Japanese industrial conglomerate will build a cutting-edge 300-millimeter fabrication plant in central Japan for power management chips, which efficiently control electric power in cars, electronic devices, and industrial equipment.

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  car&bike Team | Apr 29, 2022

  Japan Urges More Chip Tie-Ups With Taiwan At Trade Talks

  Japan called for greater collaboration with Taiwan on semiconductors at a bilateral economic and trade meeting.

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  car&bike Team | Apr 29, 2022

  Pricey Models Help GM Outrace First-Quarter Supply Chain Snarls

  GM's net income dipped slightly to $2.9 billion in the quarter, compared with analysts' estimates of $2.45 billion, as higher prices were not enough to offset an increase in costs.

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  car&bike Team | Apr 29, 2022

  Stellantis Boss Expects Chip Supply To Remain Tight This Year

  Stellantis CEO Carlos Tavares said that the number of troubled suppliers was now smaller and he expected further improvements next year.

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  car&bike Team | Apr 29, 2022

  Small Car Market Shrinking In India Cause Of Concern For Maruti Suzuki

  The entry-level segments have declined by 25 percent in the last 4 years.

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  car&bike Team | Apr 29, 2022

  Maruti Suzuki Net Profits Decline 11 Percent In FY 2021-22

  Carmaker reported a decline in net profits despite a 26 percent increase in net sales year-on-year.

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  car&bike Team | Apr 29, 2022

  Toyota's Thai Unit Agrees To Boost EV Incentives

  Toyota Motor Thailand to receive tax breaks and subsidies to help make EVs cheaper

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  car&bike Team | Apr 29, 2022

  Oil Eases As China Lockdowns Weigh On Demand Outlook

  Brent crude futures rose 15 cents to $107.74 a barrel by 0410 GMT while U.S. West Texas Intermediate crude dipped 3 cents to $105.33 a barrel

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  car&bike Team | Apr 29, 2022

  Govt Denies Asking EV Makers To Halt Electric Two-Wheeler Launches

  The Ministry of Road Transport and Highways (MoRTH) has taken to social media to issue a clarification that it has not issued any instruction to EV manufacturers.

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