1.4 Million vehicles lost in production in Q3, due to chip shortage at Volkswagen and Stellantis

Europe's two biggest carmakers Volkswagen and Stellantis have lost 1.4 million vehicles in production in the third quarter, due to the global semiconductor chip shortage. 

Highlights
•    Volkswagen is Europe’s top car manufactu...

S. KOREAN CARMAKERS SAW A JUMP IN SALES BY 77% IN APRIL

Highlights –

• S. Korean carmakers saw a jump in sales by 77% in April.
• The five carmakers sold a combined 630,691 vehicles in April.
• Hyundai reported its sales to double to 345,777 units from 167,693 a year ago.
• Kia's sa...

S. KOREAN COLLECTIVE CARMAKER’S SALES ON SUVs ROSE 4.8 PERCENT IN JANUARY 2021

Highlights –

• S. Korean collective carmaker’s sales on SUVs rose 4.8 percent in January 2021.
• The data is by Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp., and SsangYong Motor Co.
• Domestic sales of the ...

CHINESE CARMAKERS RACING TO ENTER THE U.S. CAR MARKET FIRST

Highlights:

• Chinese carmakers want to set their foot on the world’s second-biggest automotive market.
• Coronavirus has taken a bigger toll on U.S. and China car market in 2020.
• HAAH, Chery, Geely, Volvo, and Lynk & Co., wants to se...

Korea's vehicle production is likely to drop below 4 Mil. This year's units

In four years, Hyundai Motor Co., the Korean automotive industry's flag bearer, has come up with 100% usage of its Korean factories. Due to successful launches of new models and no labor dispute, the assembly plants of the company have been working efficiently throughout the year.

N...

Macan's prosperity shows luxury vehicle advertise has avoided log jam pattern: Pavan Shetty

India shows a difficult market for most remote carmakers. The car area is experiencing a constriction. Fewer vehicles are being sold. Extravagance vehicles, in any case, keep on discovering takers. Pavan Shetty, who has been in the driver's seat at Porsche India for as far back as four years,...

BMW still decided to purchase its components from Korea.

Korea has been working since forever to create itself as a groundbreaker in the motorized technology and it has proved to be very effective in doing so as the local car manufacturers have recently advertised the technology and equipment that the state has in such a wonderful way that the rest of ...

Tesla’s sci-fi truck

The United States has been known for its love for massive and aggressive cars and the gas-guzzling trucks and pickups and station wagons that have been popular from the very 70s and now as the electric vehicle trend has arrived and is the future of the auto industry there are significant carmaker...

Will tesla allow other E.V makers to challenge it in the US market?

The world is moving towards the clean and green energy approach and there have been new developments in almost all of the sectors to make use of the green and sustainable approach that is required and the need of the hour as we face a climate emergency.

The United States has always been...

Flying cars from Korea

The Korean automotive industry is upping its auto innovation game as it is planning to bring home of the most wanted and most awaited feature that the people have dreamt of since the pop culture phenomenon of Back to the Future popularized the flying cars.

Korean carmaker Hyundai has be...

Can Korea dominate the auto world?

The Korean auto industry might not be one of the biggest ones but for sure is one of the most influential ones and at the rate, it is growing, we expect it to reach world domination or even top of the line very soon as compared to the giants in the competition.

As the Korean carmakers h...

Government supporting the auto sector to grow

The Korean auto industry is amongst the largest and amongst the most influential industries in the world and the Koreans will keep it that way as the auto sector has been a huge contributor to the economy of Korea that has been growing good.

Amongst the global automotive industry crisis...

General Motors to be in more trouble if the situation is not handled

General Motors Company, commonly referred to as General Motors, is an American multinational corporation headquartered in Detroit is known all over the world that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services, with global headquarters in ...

Hyundai in luxury markets of US

Hyundai Motor the South Korean auto giant has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its market presence in the world’s second-largest aut...

Hyundai wins litigation

To settle U.S. class action litigation and address engine-related issues Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) have earmarked 900 billion won ($758 million) in the United States and South Korea.

The move marks the South Korean auto giant’s first ma...