Auto Industry

Reuters

Dec 12, 2021, 9:50 PM

Volkswagen Expects Chip Supply To Be Challenging At Least Until End-H1

Volkswagen said tight chip supply would continue to pose challenges to Europe's largest carmaker during at least the first half of 2022.

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  Reuters | Dec 12, 2021

  General Motors Returns To Rare Earth Magnets With Two U.S. Deals

  The agreements with MP Materials Inc and privately-held Vacuumschmelze are the latest push by GM to domestically source EV materials for its Ultium platform, a goal it hopes to achieve by 2025.

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  Charanpreet Singh | Dec 12, 2021

  Minda Industries Partners With FRIWO AG To Manufacture EV Components

  Minda Industries and FRIWO AG have entered into a joint venture agreement to manufacture and supply various electric vehicle components in the Indian subcontinent. The JV plans to incur a capex of around Rs. 390 crore over the next 6 years.

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  Reuters | Dec 11, 2021

  Ford Partners With Salesforce To Expand Software Business

  The software service, called VIIZR, will be offered starting next year by the automaker's Ford Pro commercial vehicle and services unit.

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  Seshan Vijayraghvan | Dec 11, 2021

  Maruti Suzuki Sees Delivery Backlog Of 2.5 Lakh Cars; Up To 18 Weeks Waiting Period On CNG Models

  The current global shortage of electronic components has taken a hit on production, leading to delivery backlogs. Effectively, the waiting period on Maruti Suzuki cars has also gone up. For petrol cars it's up to 12 weeks and around 18 weeks for CNG models.

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  AFP | Dec 11, 2021

  Canada Threatens Trade Action Over Biden Electric Car Plan

  In a letter to US senators, Deputy Prime Minister Chrystia Freeland said Ottawa is "deeply concerned" by an electric vehicle tax credit proposed in the Build Back Better Act that it says violates the United States-Mexico-Canada Agreement.

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  AFP | Dec 11, 2021

  Hackers Steal Research Data From Sweden's Volvo Cars

  The company, owned by China's Geely, has become aware that one of its file repositories has been illegally accessed by a third party.

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  car&bike Team | Dec 11, 2021

  Volvo Cars, Northvolt To Open Battery R&D Centre As Part Of $3.3 Billion Investment

  Volvo Cars and battery maker Northvolt will open a joint research and development centre in Sweden as part of a 30 billion crown ($3.3 billion) investment, the carmaker said on Friday.

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  Seshan Vijayraghvan | Dec 11, 2021

  All-Electric Renault Zoe Scores Zero Star Rating In Euro NCAP Crash Test

  The all-electric Renault Zoe has received a disappointing zero-star crash rating from Euro NCAP. The car scored 43 per cent for adult occupant protection, 52 per cent for child occupant protection, 41 per cent for vulnerable road users protection and a mere 14 per cent for safety assist features.

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