Auto Industry
Reuters
Dec 12, 2021, 10:11 PM
VW Group of America Chief Executive Scott Keogh is optimistic the industry can maintain those profits without returning to past bad practices.
1 Min
Reuters | Dec 12, 2021SAIC Mobility And Momenta To Start Public Trials Of Robotaxi Service In ShanghaiThe two firms are testing 20 robotaxi vehicles in Shanghai's Jiading district to further gauge their viability for commercial use in a trial that will expand to a second Chinese city next year.1 min read
Reuters | Dec 12, 2021Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.1 min read
Reuters | Dec 12, 2021General Motors Returns To Rare Earth Magnets With Two U.S. DealsThe agreements with MP Materials Inc and privately-held Vacuumschmelze are the latest push by GM to domestically source EV materials for its Ultium platform, a goal it hopes to achieve by 2025.1 min read
Charanpreet Singh | Dec 12, 2021Minda Industries Partners With FRIWO AG To Manufacture EV ComponentsMinda Industries and FRIWO AG have entered into a joint venture agreement to manufacture and supply various electric vehicle components in the Indian subcontinent. The JV plans to incur a capex of around Rs. 390 crore over the next 6 years.1 min read
Reuters | Dec 11, 2021Ford Partners With Salesforce To Expand Software BusinessThe software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit.1 min read
Seshan Vijayraghvan | Dec 11, 2021Maruti Suzuki Sees Delivery Backlog Of 2.5 Lakh Cars; Up To 18 Weeks Waiting Period On CNG ModelsThe current global shortage of electronic components has taken a hit on production, leading to delivery backlogs. Effectively, the waiting period on Maruti Suzuki cars has also gone up. For petrol cars it's up to 12 weeks and around 18 weeks for CNG models.1 min read
AFP | Dec 11, 2021Canada Threatens Trade Action Over Biden Electric Car PlanIn a letter to US senators, Deputy Prime Minister Chrystia Freeland said Ottawa is "deeply concerned" by an electric vehicle tax credit proposed in the Build Back Better Act that it says violates the United States-Mexico-Canada Agreement.1 min read
AFP | Dec 11, 2021Hackers Steal Research Data From Sweden's Volvo CarsThe company, owned by China's Geely, has become aware that one of its file repositories has been illegally accessed by a third party.1 min read
