Auto Industry News

The facelifted 2022 Volkswagen T-Roc has broken cover in the global markets and we expect it to join the line-up in our market again as a CBU.

Audi India is all set to launch the 2021 Audi Q5 facelift in the country. The luxury SUV is assembled locally, so, the company will price it attractively, and we expect it to be priced between Rs. 55 lakh to Rs. 60 lakh.

British electric van and bus maker Arrival on Thursday unveiled a new prototype of an electric bus that it hopes to begin producing next year to sell at around the price of a conventional diesel bus. The pre-production bus will start running on roads within the next few weeks, and series production is due to begin at a plant in the U.S. state of South Carolina in the second quarter.

The three governments want to take advantage of a new trade deal known as the United States-Mexico-Canada Agreement (USMCA) to deepen supply chains, but that push has been clouded by months of wrangling over disputes in the auto industry.

Ford will maintain its stake in the start-up, after investing $500 million in 2019 when it announced plans to collaborate.

New passenger car registrations have now fallen for four straight months in the 27-nation European Union, according to the European Automobile Manufacturers' Association, known as ACEA.

Delhi-based electric vehicle start-up, Euler Motors has announced raising an additional $10 million, or nearly Rs. 75 crore, in the latest round of funding, led by QRG Investments and Holdings. With this, Euler has raised a total of $21.6 million or over Rs. 160 crore, since inception in 2018.

In September last year, Tesla introduced a new Model S Plaid, a 520-mile range sedan that can reach top speeds of up to 320 km per hour, with deliveries starting in 2021.