Carmakers Get Inventive As Global Chip Crisis Bites

The shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.

Second Wave of Covid Cripples Passenger Car Sales

The popular mini cars and compact category bear the brunt as all carmakers suffer a massive decline in May sales data.

Renault Flags Difficult Year After Record $9.7 Billion Loss

Carmakers all endured a tough 2020 but a rebound in premium car sales in China towards the end of the year helped companies such as Volkswagen and Daimler to weather the storm.

Maruti Suzuki India Quarterly Profit Rises On Festive Sales

Net profit for the three months ended Dec. 31 came in at 19.41 billion rupees ($265.46 million) for the three months ended Dec. 31, 2020, compared with a profit of 15.65 billion rupees last year.

BMW Aims To Double Fully-Electric Vehicle Sales In 2021

As well as emissions targets, a growing number of countries will ban the sale of new fossil-fuel vehicles starting in 2030, adding pressure on carmakers to develop electric vehicles.

Carmakers Witness Demise Of Their Key Models In CY 2020

While turbulent market conditions, credit squeeze, GST rates, EV push by the government were already dampening the fortunes of the low-volume- model, the implementation of BS-VI emission norms in April’20 has proved to be the final nail in the coffin for several aging, outmoded and struggling models.

Innovative Designs Thinking In Auto Industry

The uncertainty caused by Covid-19 has been turned into a learning and innovation opportunity for the design team at Tata Motors.

India's Largest Carmakers Report Increase In Monthly Sales

India's second-largest carmaker Hyundai said that it recorded its highest-ever domestic sales last month, selling 56,605 vehicles.

Covestro Reports Third-Quarter Profit Beat On Strong Asia, Furniture Units

Covestro's acquisition of Dutch peer DSM's paint and coating component unit should also reduce its exposure to car production, Toepfer said, though he added he still expects to sell more products to carmakers long term.

Carmakers Curb European Production As Coronavirus Hits

Fiat Chrysler Automobiles (FCA) is halting production for two weeks at most of its European plants to help protect staff against the coronavirus pandemic and adjust to a slump in demand.

Tata Launches 'Ecosystem' To Kickstart Indian Clean Vehicles

The plans were announced ahead of the launch of Tata Motors' electric sport-utility vehicle (SUV) Nexon EV, which was attended by N Chandrasekaran, Chairman of Tata Sons.

Off To A Slow Start

Tata Motors reported bad January figures as sales of passenger vehicles in the domestic market dipped by 18 per cent — 10,728 units versus 13,047 in January 2015.

Carmakers Offer Heavy Discounts To Boost Sales

Taking The Long Road

Life In The Fast Lane