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Wednesday, March 27, 2024
TopicAuto Industry

Topic: Auto Industry

BMW 7 Series Protection—top car that makes you rev up its engine & rock up to The Oberoi

It’s not built on the regular production line but put together by hand by highly trained engineers at BMW facilities in Dingolfing outside Munich.

Auto sector expects vrooming festive sales, but high interest rates & poor monsoon could be dampeners

According to experts, fresh demand & healthy stocks at dealerships now driving up sales. This year, industry expects to sell over one million units — its highest in festival season.

Passenger vehicle wholesales hit record 39.7 lakh units in FY23, demand for UVs among drivers

Industry body Society of Indian Automobile Manufacturers says 'it sees no reason why' entry-level car segment — which has shrunk due to rising prices — will not see 'sudden' revival in demand.

India’s auto component industry is clocking billions but road to Atmanirbhar is still bumpy

India makes 36 to 40 million airbag modules every year. But the high-strength fabric used to make each one of them is imported.

After double digit growth in ‘best year ever’, Mercedes Benz to launch 10 models in India in 2023

The top-end vehicles segment of the German carmaker saw the highest growth of 69% in 2022 when the company sold over 3,500 cars priced above Rs 1 crore.

2023 promises to be a good one for auto industry but headwinds remain, say leaders, experts

The auto industry expects 2023 to see sales grow by up to 7.5% for passenger vehicles over the levels seen in 2022, which itself was a record high for the segment.

Who is to blame if a self-driving car crashes? Liability for accidents in AV hangs loose

What if there's an accident and there's no driver involved? Self-driving car safety standards are instituted in a patchwork fashion with little consensus.

Ford to make a comeback in India after 7 months, could reopen factories in EV push

Tamil Nadu govt is holding talks with the US automaker to explore if its factory there can be converted to a plant manufacturing and exporting electric vehicles, ET reported.

Rahul Bajaj — Indian industry loses a fearless voice, & a titan who gave the middle class wheels

Bajaj was known not only for his boldness, but also his business acumen. His domestically manufactured Chetak Scooter became a household staple for the middle class in the 1970s.

Modi govt approves Rs 26,058 crore PLI scheme for auto, drone industries

The incentive is a part of the overall announcement of PLI schemes for 13 sectors made earlier during Budget 2021, with an outlay of Rs 1.97 lakh crore, Anurag Thakur said.

On Camera

China’s growing influence in Indian Ocean is worrying. It harms the region’s stability

The 99-year lease of Hambantota to China, amid Sri Lanka’s economic challenges, underscored Beijing’s weaponisation of the Belt and Road Initiative.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.