Auto Industry
Charanpreet Singh
Dec 12, 2021, 5:30 PM
Minda 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
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
car&bike Team | Dec 11, 2021Volvo Cars, Northvolt To Open Battery R&D Centre As Part Of $3.3 Billion InvestmentVolvo Cars and battery maker Northvolt will open a joint research and development centre in Sweden as part of a 30 billion crown ($3.3 billion) investment, the carmaker said on Friday.1 min read
Seshan Vijayraghvan | Dec 11, 2021All-Electric Renault Zoe Scores Zero Star Rating In Euro NCAP Crash TestThe all-electric Renault Zoe has received a disappointing zero-star crash rating from Euro NCAP. The car scored 43 per cent for adult occupant protection, 52 per cent for child occupant protection, 41 per cent for vulnerable road users protection and a mere 14 per cent for safety assist features.1 min read
Seshan Vijayraghvan | Dec 10, 2021MG Motor India Begins Exporting The Hector SUV To NepalThe MG Hector SUV has become the first product from the brand to be exported from India to Nepal. The sales and service-related activities will be taken care of by Paramount Motors, MG's Nepal-based dealer partner.1 min read
Shubham Parashar | Dec 10, 2021Auto Sales November 2021: Passenger Vehicle Sales Decline 18.60 Per CentOverall, the industry has recorded a decline of 31.78 per cent at 12,88,749 units as compared to 18,89,348 units sold in the same month last year.1 min read
