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Auto Industry
car&bike Team
Feb 26, 2022, 3:54 AM
Initial government estimates show that India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, reflecting a pick-up in industrial activity and mobility in Asia's third largest economy.
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car&bike Team | Feb 26, 2022Russian Carmaker Avtovaz May Suspend Some Assembly Lines On Monday Due To Components ShortageRussia's biggest carmaker Avtovaz may suspend some assembly lines at its Togliatti plant in central Russia on Monday for a day due to a persistent global shortage of electronic components.1 min read
car&bike Team | Feb 26, 2022Jeep To Launch Two New SUVs In India To Boost SalesJeep, which has less than a 1 per centshare of India's car market, said last year it would invest $250 million to launch four SUVs in a country where rivals Hyundai Motor and Kia Motor dominate the segment with more affordable vehicles.1 min read
car&bike Team | Feb 26, 2022Global Chip Sales Hit Record In 2021, Will Grow 8.8 Per Cent In 2022 -SIASales in 2020 grew 6.8% over the prior year, while 2021 was the first year since 2018 that the number of chips sold exceeded 1 trillion.1 min read
car&bike Team | Feb 26, 2022Salvage Team Boards Burnt Ship With VW Group Luxury Cars Off Azores, Towing BeginsIn a statement, ship manager Mitsui O.S.K. Lines Ltd (MOL) said the Felicity Ace remained stable, and the smoke that for days billowed from the vessel, adrift around 170 km southwest of the Azores, had stopped.1 min read
car&bike Team | Feb 26, 2022Rivian 'Making Progress' On Production Ramp-Up, Sets Market Share GoalScaringe said Rivian, whose shares closed up 10.7% at $63.71, idled the plant for the first 10 days of January to make changes on the production lines in a move to boost output.1 min read
car&bike Team | Feb 25, 2022US Securities Agency Probes Elon Musk, Brother Kimbal Over Tesla Share Sales: ReportAccording to the report, the investigation began last year after Kimbal sold shares of the electric carmaker valued at $108 million, a day before Musk polled Twitter users asking whether he should offload 10% of his stake in Tesla.1 min read
car&bike Team | Feb 25, 2022ACMA Organizes First Edition of India-Bangladesh Auto Components Show 2022India-Bangladesh Auto Components Show 2022 witnessed participation from over twenty ACMA members.1 min read
car&bike Team | Feb 25, 2022Russian Carmaker Avtovaz May Suspend Some Assembly Lines On Monday Due To Components ShortageAvtovaz, controlled by French carmaker Renault, plans to resume its Togliatti operations in full on Tuesday, March 1, it said.1 min read
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