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Latest Articles in auto sector

Tesla Third-Quarter Registrations In California Drop 13%

Total third-quarter vehicle registrations in the 23 states where data was collected and which Cross-Sell said account for 65% of the U.S. market, remained roughly equal to last year at around 32,800 vehicles.

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GM Plans Investments To Expand Electric Vehicle Production

The automaker plans to spend $2.5 billion overhauling and retooling its Detroit-Hamtramck factory to build a GMC Hummer EV electric pickup truck, an automated robotaxi and other vehicles.

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BMW Says Third-Quarter Cash Flow In Auto Segment Was Above Expectations

Free cash flow amounted to 3.07 billon euros ($3.61 billion) in the third quarter, up from 714 million euros ($840.16 million) in the year-earlier period

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The Quintessential Bond Car

Production could not start due to the First World War and also because Martin joined the Royal Army Service Corps.

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BMW To Pay $18 Million U.S. Fine To Resolve Inflated Sales Probe

Fiat Chrysler Automobiles NV and its U.S. unit agreed to pay $40 million for misleading investors about its monthly sales figures to resolve a separate SEC probe.

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Honda Cars Launches Virtual Showrooms To Enhance Ease Of Buying

The interactive showrooms can be easily accessed through computer and smartphone browsers where customers can intuitively browse and explore the design, features and technical details available for each mode

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GM Faces Unexpected Bills As India-China Tensions Delay Sale Of India Plant

GM had planned to use the expected sale proceeds of $250 million-$300 million to pay off liabilities incurred with its exit from manufacturing in India in what a second source said would have been a "no gain-no loss" situation.

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India Urges Auto Companies To Cut Royalties To Foreign Parents

Maruti Suzuki paid 38.2 billion rupees ($510 million) as royalty to its Japanese parent Suzuki Motor in the fiscal year ending March 31, 2020, amounting to 5% of its revenue

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Ford To Work With Intel's Mobileye For Better Collision Avoidance Technology

Ford will include Mobileye's logo in driver-assist communication displays and is also considering using its Roadbook map system, which uses anonymized, crowd-sourced data from vehicle cameras.

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Tesla Slashes Model Y SUV Price As Pandemic Weighs On Auto Sector

The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry.

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India Plans Incentives For Auto Companies To Boost Exports

India's auto sector exports touched $27 billion in the fiscal year ending March 2019, led by companies including Ford Motor, Hyundai Motor, Maruti Suzuki, Volkswagen and Bosch, which analysts say stand to gain the most.

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Bosch To Suspend Operations At Bidadi Plant For 2 Days For Deep Cleaning

The company will be closing its Bidadi plant for two days starting June 26 for deep cleaning and sanitisation, Bosch Ltd said in a regulatory filing.

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India's Auto And Pharma Sectors Not Ready To Wean Off China

India imported around $70.3 billion of goods from China in the fiscal year to March 2019, and exported just $16.7 billion - its widest trade deficit with any country.

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Scientists in India working to develop vaccine to combat COVID-19: Nitin Gadkari

Scientists in India working to develop vaccine to combat COVID-19: Nitin Gadkari

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The Auto Industry Now Has Its Ignition On, But Not Revved Up

Saddled with inventory in the pipeline and token footfalls at showrooms, the auto industry is taking baby steps toward renewing production By Avishek Banerjee

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