Vitesco Technologies, a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility, today published its prospectus which was approv... Read more
Samsung has reportedly decided to make an exit from its automotive OEM dream by selling its 19.9% stake in Renault Samsung Motors. The divestment follows a trademark contract ending between... Read more
– Demand for tires is set to return in 2021, with global demand rising to 1.86 billion units according to new detailed market forecasting from Smithers. This is a welcome recovery for the ti... Read more
As several countries have committed to bring in cleaner fueled cars in a bid to reduce dependency on fossil fuels, the demand for electric vehicles (EVs) is quickly gaining attraction in aut... Read more
The positive uptick in the production output, which comes at a time when most OEMs are struggling with their supply challenges, can be attributed to Toyota’s robust supply chain planning. To... Read more
The restructuring, which makes Changan Mazda Automobile Co., Ltd. (CMA), a new venture, and FAW Group as a stakeholder of CMA, can turn out to be a ‘smart move’ for Mazda in Chin... Read more
Amid the backdrop of the growing demand for its cars in India and the need to manufacture newer models for domestic demand and exports, MG Motor plans to ramp up its production capacity in I... Read more
Tesla had highlighted last month that a major blockade for sales in India is high import duties. Vehicle imports of all categories, including electric vehicles (EVs) attract 60% import duty... Read more
The average operational life of a passenger vehicle in India stands at more than 25 years. According to GlobalData’s Automotive Intelligence Center, there are nearly 5.2 million passenger ve... Read more
The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains and technologies. This is a positive development for... Read more
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