Car makers and component firms are working on multiple strategies including optimising the supply chain to overcome the shortage in semi-conductors that looks set to to continue in the coming months. ...

Commercial vehicle sales, however, witnessed a growth of 20.52 per cent in January this year at 67,763 units  against 56,227 units in January 2021. “With the revival in the economy, the co...

A consortium led by South Korean electric carmaker Edison Motors Co has agreed to acquire debt-ridden SsangYong Motor Co Ltd for 305 billion won ($254.65 million), SsangYong Motor said on Monday. Ssa...

One of the safest vehicles on the Indian roads in its internal combustion engine form, this vehicle, like the eKUV100, looked close to production in 2020. It should compete with the Nexon. ...

The Centre plans to come out with a request for proposal (RFP) to set up semiconductor manufacturing facilities in the country at a time a raging chip crisis has derailed the production plans across s...

Maruti Suzuki India Limited is witnessing a surge in maintenance at its service stations with the number of vehicles coming for servicing and repairs up 22 per cent in the second quarter of the fiscal...

Toyota Kirloskar Motor (TKM) will use the facilities of the now discontinued Yaris to make newer cars. Last week, the company stopped the sales of Yaris. Toyota manufactured the Yaris along with the ...

Foreign direct investments into the country more than doubled to $20.42 billion during the April-July period of the current fiscal, the commerce and industry ministry said on Wednesday. Total Foreign...

The government on Wednesday approved a Rs 26,058-crore production-linked incentive (PLI) scheme for the auto sector. Anurag Thakur, minister of information and broadcasting, told reporters after the ...

Small and medium enterprises (SMEs) will be impacted by Ford India’s decision to close its manufacturing plants in Chennai and Sanand. Around 4,000 SMEs, including the smaller suppliers are fac...