NEWS

For our visitors who seek the latest industry news and updates to keep up with the goings-on of the business on a global scale, this portal grants a dynamic and diverse feed of news items contemporaneous with the current affairs of the Automotive Industry.

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South Korean auto major Hyundai Motor is looking to almost double its sales from Indian operations to one million units by 2021 for which it will invest Rs 5,000 crore to bring in new models. The company, which operates in India through a wholly- owned subsidiary, plans to introduce eight…

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Tesla Inc  said on Thursday it would recall 53,000 of its Model S and Model X cars globally to fix a parking brake issue. Shares of the U.S. luxury electric car maker were down nearly 1 percent at $302.77 in afternoon trading, following its biggest ever recall. Tesla's total production…

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German automotive part supplier Hella is expanding its production capacities in China by building a new lighting manufacturing plant in Wuqing, close to Tianjin, informed the company in a press statement. The project is being fulfilled by Hella-BHAP Lighting, a joint venture between Hella and Beijing Hainachuan Automotive Parts (BHAP),…

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Japanese automobile manufacturer Honda is going to invest $124 million (approx Rs 802 crore) to establish a multifunctional aeroacoustic wind tunnel facility to advance vehicle innovation and enhance the world-class testing facilities at the Transportation Research Center (TRC), in East Liberty, Ohio. The groundbreaking is slated for the late summer…

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Japan's Toyota Motor Corp (7203.T) will start testing hydrogen fuel-cell cars in China from October, part of an effort to determine the feasibility of selling its Mirai hydrogen electric passenger car in the market. The head of the Japanese automaker's China business, Hiroji Onishi, said the carmaker also planned to…

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The fast evolving emission scenario in India has pushed Indian component makers into the exigencies of diversifying and consolidating their product basket further. The UNO Minda Group for instance, that is present across different product verticals like horns, switches, lights and alloy wheels, is now scouting for a joint venture…

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China's SAIC Motor has invested 1.2 billion yuan ($174.34 million) in the first stage of a plant in Thailand, a senior official said on Wednesday. Yang Xiaodong, who oversees the car makers' international business, was speaking to reporters at the Shanghai auto show.   Source:economictimes.indiatimes.com

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Harman International has expanded its connected car and in-car audio business in China by signing new contracts with Great Wall Motors, GAC Group and SAIC-General Motors-Wuling Motors. The company said in a statement, the contracts are valued over US$600 million (approx Rs 3,870 crore) “With these new contracts, we now…

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Japan's Toyota Motor will start testing hydrogen fuel-cell cars in China from October, part of an effort to determine the feasibility of selling its Mirai hydrogen electric passenger car in the market. The head of the Japanese automaker's China business, Hiroji Onishi, said the carmaker also planned to build a…

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Zenuity, the 50:50 joint venture between Volvo Cars and Autoliv, has started its operations from Tuesday, informed the Swedish automaker in a statement. It marks the first time a premium car maker has joined forces with a tier one supplier to develop leading advanced driver assist systems (ADAS) and autonomous…