Auto Industry News

2022 Honda Gold Wing Tour Launched In India, Priced At Rs. 39.20 Lakh
Honda Motorcycle and Scooter India (HMSI) has launched the 2022 Gold Wing Tour, priced at Rs. 39.20 lakh (ex-showroom, Gurugram). The bike comes to India as a CBU model and will be available in only one colour option - Gunmetal Black Metallic.

Brazil's Tupy Set To Buy Traton-Owned Motor Maker MWM, Shares Soar
Apr 19, 2022 09:11 PM
MWM is owned by Navistar International Corp, a subsidiary of German-based vehicle maker Traton SE. It reported an operating net revenue of 2.7 billion reais in 2021, Tupy said.

Stellantis Suspends Manufacturing Operations in Russia
Apr 19, 2022 07:49 PM
Stellantis' Kaluga facility had been manufacturing vans for the Russian markets

Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen
Apr 19, 2022 06:35 PM
Brent crude futures rose to $113.77 a barrel on Tuesday morning, while U.S. West Texas Intermediate (WTI) crude futures gained 33 cents to $108.54 a barrel.

Hero Electric Partners With ElectricPe To Set-Up Charging Points Across India
Apr 19, 2022 03:33 AM
ElectricPe recently committed to setting up 1 lakh charging points by the end of this year and will be nestled in residential complexes, offices, malls, and other establishments, hence mitigating the range anxiety issue.

Solis Yanmar Crosses 13,000 Production Milesstone In Two Years
Apr 19, 2022 03:33 AM
Solis Yanmar has rolled out its 13,000th tractor last week and has expanded its reach in the country to up to 250 dealerships across India.

Tesla, VW, SAIC Look To Recommence Shanghai Operations
Apr 19, 2022 12:57 AM
Companies look to recommence production as Beijing draws up a list of companies that can resume operations

CEO Steers Electric Truck Startup Rivian Through Supply Chain Twilight Zone
Apr 19, 2022 12:35 AM
Rivian Automotive Inc CEO R.J. Scaringe thinks suppliers are holding back, wondering if Rivian is using semiconductor shortages as an excuse to cover up more serious production problems.

Okinawa Dealership In Tamil Nadu Catches Fire, Due To Short Circuit Says Company
Apr 18, 2022 11:31 PM
While the cause of the fire is yet to be ascertained, sources in the company said that the fire was caused due to a short circuit and does not have anything to do with the ongoing battery recall. No injuries were reported.

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