Auto Industry
car&bike Team
Feb 26, 2022, 1:34 AM
Sales 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.
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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
car&bike Team | Feb 25, 2022Tata In Talks With Aircraft Makers Over Order For Air IndiaAir India has a mixed fleet of over 140 Airbus and Boeing planes, and industry executives estimate it would cost Tata more than $1 billion to refurbish the aging aircraft.1 min read
car&bike Team | Feb 25, 2022Polestar Partners With Suppliers To Develop Climate-Neutral CarPolestar said it has signed letters of intent to work with Norwegian aluminium maker Norsk Hydro, Swedish airbag and seatbelt maker Autoliv, LG Corp lighting and electronics unit ZKW Group, ZF and SSAB to eliminate carbon emissions in different areas of its electric vehicles (EVs).1 min read
car&bike Team | Feb 25, 2022Lucid Group To Recall Over 200 Cars Due To Possible Safety IssueLucid is not aware of any instances of the part failing in its vehicles, but it expects about 1% of the 203 potentially affected cars may have the incorrectly installed part.1 min read
