Global Car Production

Kia is one of the few unlisted global carmakers in India that saw a contraction in profits

Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles

The auto major reported total production of 1,45,560 units in November compared to 1,50,221 units in November 2020

A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year

Auto sector to be among the most affected by the crisis

The Japanese car maker now expects to build 9 million vehicles in the year to March 31, rather than 9.3 million

Renault and Nissan were among the weakest global automakers going into the coronavirus crisis

Hyundai begins preparations; a few others restart operations

Bosch is pumping massive investments into electric mobility and autonomous and connected driving

In July, New Delhi toppled Seoul to gain the 5th spot for Jan-Jul period owing to production loss at Hyundai's labour strike affected plants