Cars News

One-Time Chip Supply Shocks Over, But Structural Deficit Remains, Bosch CEO Says
CEO of German technology group Robert Bosch GmbH said on Wednesday that although the one-time supply shocks to the semiconductor market had passed, capacity was still lacking to meet global demand. "There were one-time problems which are now dealt with," Volkmar Denner said.

Porsche AG Benefits From Being Part Of Volkswagen Group, CEO Says
Nov 11, 2021 10:18 PM
Porsche AG, part of the Volkswagen Group, profits from being part of Volkswagen, its CEO Oliver Blume said on Wednesday, following speculation that an IPO of the luxury unit could be on the cards.

China Vehicle Sales Fall 9.4% In October 2021: Report
Nov 11, 2021 09:54 PM
China's auto sales fell in October for a sixth consecutive month, slumping 9.4% from a year earlier, industry data showed on Wednesday, as a prolonged global shortage of semiconductors disrupts production.

China Evergrande EV Unit Plans Share Sale To Fund Vehicle Production
Nov 11, 2021 08:12 PM
China Evergrande's electric vehicle unit said on Wednesday it plans to sell HK$500 million ($64.2 million) worth of shares to fund production of new-energy cars, including those made by its Hengchi brand.
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GIIAS 2021: 2022 Hyundai Creta Facelift Makes Its Global Debut In Indonesia
Nov 11, 2021 07:40 PM
The 2022 Hyundai Creta facelift comes with heavy cosmetic changes, new and refreshed features, and improved safety equipment like ADAS. The SUV made its global debut at the Gaikindo Indonesia International Auto Show (GIIAS) 2021.

2022 Hyundai Creta Facelift Images Leaked Ahead Of Official Debut In Indonesia
Nov 11, 2021 04:29 PM
The 2022 Hyundai Creta facelift comes with a new front end, a bunch of cosmetic updates and a host of new and refreshed features. The SUV will be unveiled in Indonesia on November 11, 2021.
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Subaru Unveils First All-Electric Car Solterra, Developed With Toyota
Nov 11, 2021 03:34 PM
Japan's Subaru Corp on Thursday unveiled it first all-electric vehicle (EV), the Solterra, the result of a two-year joint development project with its biggest shareholder Toyota Motor Corp.

Good Growth Will Soon Return To The Indian Car Market: Kenichi Ayukawa, MD, CEO, Maruti Suzuki
Nov 11, 2021 03:11 PM
Speaking during the launch of the new-gen Celerio, Kenichi Ayukawa, MD, and CEO, Maruti Suzuki said that while there may be some supply side constraints in the short term, owing to shortage of electronic components, the medium and long term India story continues to look promising.

Maruti Suzuki Celerio: Variants Explained In Detail
Nov 11, 2021 12:13 AM
The 2021 Maruti Suzuki Celerio comes in four key variants - LXI, VXI, ZXI and ZXI+, and the latter three also AGS/AMT options. Here's a brief overview of what these variants have to offer.
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