Auto Industry News

Everest Fleet, has raised $20M in funding led by Uber. The investment will drive their transition to electric vehicles and expand their operations to meet the increasing demand in the ridesharing industry

The new Maruti Suzuki Jimny has already commanded a waiting period of up to 8 months.

Renault's Chennai plant has been manufacturing cars for about 13 years now, and currently has an annual production capacity of 4.80 lakh units.

For May 2023, passenger vehicle sales stood at 3,34,247 units while the two-wheeler sales numbers stood at 21,24,235 units.

Of the 3.87 lakh cars and SUVs Maruti Suzuki is yet to deliver, over 95,000 orders are for the Ertiga MPV.

Held at one of its facilities in Japan, the event showcased the system's ability to execute automatic collision-avoidance manoeuvres within the complex environment of intersections

Hyundai Mobis has introduced an HD Lighting System with micro LEDs and a digital micromirror device, enabling the projection of real-time road signs onto the road surface

Porsche is targeting a new Nurburgring Nordschleife record with the Mission X should it go into production.