Auto Industry News

The world's largest contract chipmaker said its capital expenditure in 2023 would decrease to $32-36 billion from $36.3 billion in 2022.

Wholesale passenger vehicle volumes rose to 235,309 units in December from 219,421 units a year ago, and hit a record high of nearly 3.8 million units for calendar 2022, said SIAM, which records sales to dealers.

At an industry event for customised cars in Chiba, east of Tokyo, the Japanese automaker unveiled two cars of the AE86 generation, one modified as a battery-electric vehicle and the other as a hydrogen-engine model.

Localising cell manufacturing for EV batteries is key to increasing local components in electric cars and will help the automaker develop a local supply chain too, Tata Motors' P.B. Balaji said on the sidelines of India's Auto Expo 2023.

Moto Vault has showcased the Zontes 350 E and 350 D at Auto Expo 2023. We expect them to be launched in India later this year, possibly priced at around Rs. 5 lakh.

The two electric concept motorcycles are built on the same platform, however, both have different applications. e production version of these two new concept EVs will arrive sometime in early 2024.

The Contessa name could return to the Indian market as an electric car

The Maruti Suzuki Wagon R Felx-Fuel has been developed indigenously by Maruti's local engineers with necessary support from Suzuki Motor Corporation, Japan. It can run on ethanol-petrol blend between 20 per cent (E20) and 85 per cent (E85) fuel.