Search result for Auto
US President Biden's Visit to the UAW Strike Would Be a Historic Event
If Joe Biden accepts the United Auto Workers' invitation to visit their picket line, it would be the first time in more than a century that the U.S. President has shown support for union workers in a labor dispute, according to a presidential historian.
Friday, the UAW invited Vice ...
US TO SET STANDARDS FOR AUTOMATIC BREAKING SYSTEMS ON NEW HEAVY TRUCKS
Highlights
• This change was announced by the Department of Transportation, which includes the National Highway Traffic Safety Administration, as it released its spring regulatory agenda.
• The traffic safety regulator had proposed a regulation on automatic emergency...
AUTO SALES IN CHINA ROSE 36.6 PERCENT IN JAN-MARCH PERIOD
Highlights –
- Auto sales in China rose 36.6 percent in the Jan-March period.
- Sales of passenger vehicles increased 38.1 percent year on year.
- Auto sales totaled 2.13 million units in May alone.
- NEV is expected to represent 2...
TESLA CALLS BACK 6,000 CARS OVER POTENTIALLY LOOSE BELTS
Highlights
• The company said that it will be inspecting and tighten, or replace, the caliper bolts if necessary
• According to Tesla, the "unlikely event" there is vehicle damage from a loose or missing fastener, it will arrange for a tow to the nearest se...
INDIAN COMPANY PURCHASES 2,000 SEMI-ELECTRIC TRUCKS FROM TRITON EV
Highlights
• Talwar Auto Garages will be further supplying these trucks to their commercial industrial clients in states of Kerala, Tamil Nadu, Karnataka and Telangana
• Triton EV recently started taking bookings for the Model H, an eight-seater electric SUV in India...
TOYOTA MOTOR’S GLOBAL OUTPUT DOUBLED IN APRIL
Highlights –
- Toyota Motor’s global output doubled in April.
- Global sales doubled to 859,448 units.
- Sales in Japan itself including mini vehicles, rose 27.1 percent from a year earlier to 124,017 units.
- Overseas output...
MAHINDRA PLANNING TO BRING XUV900 SUV COUPE TO MARKET
HIGHLIGHTS
- Mahindra is re-evaluating the XUV Aero concept from the Auto Expo 2016
- Mahindra wants to bring the new car to market as the Mahindra XUV900.
- Mahindra XUV900 will be the first four-door SUV coupe from Mahindra.
- Mahindra...
JAPAN’S INDUSTRIAL OUTPUT FELL 9.5% IN FY 2020
Highlights –
- Japan’s industrial output fell 9.5% in FY 2020.
- The country's output in March rose 2.2 percent.
- In comparison to last year, the seasonally adjusted index of production at factories and mines stood at 90.4. ...
FORD MOTOR CO TO HALT ADDITIONAL US AUTO PRODUCTION IN WAKE OF CHIPS SHORTAGE
Highlights
• Ford will cancel production next week at Chicago Assembly Plant and its Flat Rock Assembly Plant and part of its Kansas City Assembly Plant
• Recently a US auto industry group called on the federal government to help as there are chances of 1.28 million ...
POLICYBAZAAR RAISES USD 75 MILLION
HIGHLIGHTS
- Policybazaar has raised US $ 75 million.
- SoftBank backs Policybazaar.
- Policybazaar is planning to expand its presence in UAE and Middle East.
Planning to expand its presence in UAE and Middle East, Indian insura...
JAPAN’S INDUSTRIAL OUTPUT FELL 2.1 PERCENT IN FEBRUARY OVER AN EARTHQUAKE
Highlights –
- Japan’s industrial output fell 2.1 percent in February over an earthquake.
- An earthquake on Feb. 13 in northeastern Japan disrupted parts supply for major automakers.
- The auto sector reported an 8.8 percent fall in ...
VOLKSWAGEN TO RENAME ITS U.S. OPERATIONS AS ‘VOLTSWAGEN OF AMERICA'
Highlights
• This decision has been taken as the company is now shifting its focus towards electric vehicles
• “We might be changing out our K for a T, but what we aren’t changing this brand's commitment to making best-in-class vehicles for drivers an...
MCLAREN TEAMS UP WITH A CRYPTO FIRM FOR ITS FAN TOKEN
Highlights:
• Fan tokens are not new in the sports domain
• In the auto racing domain McLarens will be the first team to have a fan token
Formula 1 auto racing team, McLaren has teamed ...
LG ELECTRONICS TO SPLIT EV COMPONENTS BUSINESS WITH MAGNA INTERNATIONAL
Highlights –
- LG Electronics to split EV components business with Magna International.
- LG Electronics plans to set up a joint venture with the Canadian auto parts maker to secure the business.
- LG Electronics shareholders passed the pro...
TWO US SENATORS URGE PRESIDENT BIDEN TO END SALE OF PETROL, DIESEL VEHICLES BY 2035
Highlights
• Senators Dianne Feinstein and Alex Padilla in a letter to the US President Joe Been have asked him to take a cue from California’s push towards clean mobility
• The state of California had previously announced that it will be imposing a ban on sale...
HONDA MOTOR CO TO HALT PRODUCTION AT ALL PLANTS IN US, CANADA
Highlights
• According to Honda Motor Co, it has decided to temporarily stop production at a majority of auto plants in the United States and Canada for a week
• Honda said “In some way, all of our auto plants in the U.S. and Canada will be impacted.”
...MG MOTORS RECEIVING GOOD RESPONSE IN INDIA
HIGHLIGHTS
- British automaker MG Motors is happy with response in India.
- In FEB 2021, MG Motor India recorded highest-ever production, bookings, and sales.
- The British automaker sold 4,329 cars in India in FEB 2021.
- 215% growth ha...
FIRE AT TESLA'S FREMONT FACTORY NOW UNDER CONTROL
Highlights
• As per reports, the cause of fire was molten aluminium and hydraulic fluid. Fortunately there were no reports of injuries to Tesla or Fremont Fire firefighters
• In an email to the employees, Chief Executive Officer of Tesla, Elon Musk said the company t...
LG ELECTRONICS AND LUXOFT TO EXPAND BUSINESS IN AUTOMOTIVE SOLUTIONS
Highlights –
- LG Electronics and Luxoft to expand business in automotive solutions.
- Both the company’s joint venture Alluto is said to provide solutions for digital cockpit, in-vehicle infotainment, etc.
- The company mentioned tha...
DAIMLER AG AGREES TO PAY $1.5 BILLION TO RESOLVE A US GOVERNMENT PROBE
Highlights
• According to the court papers, this settlement with the US Justice Department and California Air Resources Board is inclusive of a civil penalty worth $875 million levied under the Clean Air Act
• The California settlement fair is reasonable and in the p...