Auto Industry News
Types of Braking systems and types of Brakes
Braking systems reduce a vehicle's speed and, when necessary, bring it to a complete halt. During braking, the slowing mechanism should be effective under various driving conditions.
Toyota To Produce Record 11 Million Cars In Fiscal 2022 If Chip Supply Stable
May 1, 2022 02:33 AM
Hitting that production target would depend on a stable supply of chips
Bentley To Produce First Fully Electric Car In 2025
May 1, 2022 02:31 AM
Bentley also committed to investing 2.5 billion pounds ($3.4 billion) in sustainability over the next decade.
Carmaker Stellantis Flags Improved Business Performance In China
May 1, 2022 02:22 AM
Stellantis' business performance in China improved markedly in 2021, with its Dongfeng Peugeot Citroen Automobile selling more than 100,000 vehicles.
Toyota Remains World's Biggest Car Seller, Widens Lead On Volkswagen
May 1, 2022 02:21 AM
Toyota said sales were 10.5 million vehicles in 2021, including those by affiliates Daihatsu Motors and Hino Motors.
Oil At Seven-Year High As Ukraine Crisis Overshadows Fed
May 1, 2022 02:15 AM
Crude prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West.
SKC Consortium Invests $80 Million In UK Anode Startup Nexeon
May 1, 2022 02:14 AM
The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
China's GAC Rebuked Stellantis Over Joint-Venture Plan Announcment
May 1, 2022 02:10 AM
Stellantis said it was planning to increase to 75% its stake in the joint venture with Guangzhou Automobile Group (GAC), which produces Jeep-branded vehicles. GAC rebuked Stellantis for announcing plans to increase a stake in their joint venture without the Chinese automaker's approval.
Renault-Nissan-Mitsubishi Alliance Say To Deepen Cooperations In EV Production
May 1, 2022 02:07 AM
Renault SA, Nissan Motor Co and Mitsubishi Motors together will increase the number of common platforms for EVs to five from four, and by 2030 they plan to have a combined EV line up of 35 vehicles.
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