Sales in China jumped 28% from the same month last year to 1.11 million vehicles
Retail volumes fell 9.4% in June from a month ago and the average time a car stayed in a showroom rose to about 55 days
Plans to cut car emissions by a third from 2027, more than twice the pace of its previous target, risks the sustainability of the industry, according to a SIAM note
Tata Motors’ total vehicle sales across segment in the domestic & international market for Q3 stood at 234,981 vehicles, compared to 228,169 units during the year-ago period.
Indian automobile industry, coming off record volumes in 2023, anticipates a slowdown in sales growth but gears up for a green shift with electric vehicles
It is hard for car companies to argue with unions about controlling costs to help with the transition to electric vehicles when they are returning billions of dollars to investors
Car theft is soaring as thieves outwit vehicle manufacturers and owners
Here's a look at Gigacasting and how the innovation is forcing automakers to scramble to match Tesla.
According to ICRA, total investments made by the CV industry were estimated at nearly Rs 3,200 to Rs 3,500 crore during last fiscal, and a similar amount is expected for FY24 as well
After a stellar FY23, all eyes will be on how the sales numbers pan out in the new fiscal ahead of the price rise due to the roll out of the news BS 6 phase II norms.
Thus far, however, price cuts haven’t spurred a jump in sales and inventory has kept on building. Tesla's EV revolution is yet to produce a cheaper model for the masses that is none-the-less very profitable. Getting there will require Tesla delivering game-changing manufacturing efficiencies
In spite of a slowdown in global markets, a vibrant domestic auto market outlook along with moderating costs and easing supply chain pressures has brought cheer to auto component makers
Blame it on a combination of uncertainty in the economic recovery, the lack of an industry-wide consensus and mutual scepticism between the auto sector and the government
Automakers from Sony Honda to Hyundai are introducing ways at the CES 2023 technology trade show this week to reshape the in-car entertainment experience, including offering video games during the rides.
The $430 billion U.S. Inflation Reduction Act (IRA) passed in August ended $7,500 consumer tax credits for electric vehicles assembled outside North America, sparking anger from South Korea, the European Union, Japan and others.
The EV investment figure, which has not previously been published, dwarfs previous investment estimates by Reuters and is more than twice the most recent calculation published just a year ago.
What led to this sequential growth in monthly numbers are the easing of supply-side constraints and the festive season.
The Suite includes ready-to-deploy, automotive-specific and industry- and cloud-agnostic solutions, digital frameworks, custom solutions, accelerators, and use cases, a TCS statement said.
Addressing the annual session of Automotive Component Manufacturers Association of India (ACMA), Gadkari pointed out that every year, some 5 lakh road accidents kill 1.5 lakh people and injure over 3 lakh.
The industry estimates the July dispatches of cars and SUVs from factories to be the highest ever for a month at around 350,000 units; the previous peak of 334,000 units was recorded in October of 2020.
The Warren Buffett-backed car producer is also working on plans to deliver a longer-term advantage over competitors, aiming to become more directly involved in the mining of lithium, the raw material that’s crucial for EV batteries.
Leading caramakers Maruti Suzuki, Hyundai and Tata Motors reported robust dispatches to dealers in May on the back of strong demand for passenger vehicles across regions, even as the global semiconductor shortage continued to impact production.
Currently, the volume of vehicle horns is in the range of 92 to 112 decibels, which violates the apex court's guidelines, he said. "We recently held a meeting with various automobile manufactures and asked them to reduce the sound of vehicles horns in order to check the noise pollution," he said.
Moore’s Law says the number of transistors on microchips doubles every two years. Yet carmakers have been using tried-and-tested (and cheaper) technology that chip makers are no longer investing in.
A shortage of semiconductors is just part of the problem, Alixpartners said in a new forecast. High prices and tight supplies of commodities such as steel and plastic resin are driving up costs and forcing automakers to curtail production.