Page 79 - Auto
Samsung's battery arm mulls US investment to meet growing EV demand
South Korean battery maker Samsung SDI is considering investment in the US to meet growing demand for electric vehicles, industry sources said on Friday
 "Samsung's battery arm mulls US investment to meet growing EV demand")
EU fines Volkswagen, BMW $1.036 billion in emissions cheating case
The European Commission fined German carmakers Volkswagen and BMW a total of $1.036 billion for colluding to curb the use of emission cleaning technology in diesel cars
 "EU fines Volkswagen, BMW $1.036 billion in emissions cheating case")
Routes of DTC buses plying via overflooding-prone underpasses diverted
DTC has issued an order directing for route diversion of its buses plying via underpasses of Minto Bridge, Pul Prahaldpur and Jakhira prone to overflooding during monsoon, officials said
 "Routes of DTC buses plying via overflooding-prone underpasses diverted")
BMW pays 373 million euro fine to settle European Union emissions probe
The carmaker said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars
 "BMW pays 373 million euro fine to settle European Union emissions probe")
Tata Motors global wholesales at 2,14,250 units in first quarter
Tata Motors on Thursday said its global wholesales, including that of Jaguar Land Rover, rose to 2,14,250 units in the first quarter of the current fiscal.
 "Tata Motors global wholesales at 2,14,250 units in first quarter")
Vehicle retail sales rise in June, says auto industry body FADA
The vehicle retail sales rose to 12,17,151 units last month from 9,92,610 units sold during June 2020.
 "Vehicle retail sales rise in June, says auto industry body FADA")
Mercedes-Benz India reports 65% growth in retail sales during H1 2021
Luxury carmaker Mercedes-Benz on Thursday reported a 65 per cent growth in its retail sales in India at 4,857 units in the first half of 2021 driven by new launches and strong demand for top-end cars
 "Mercedes-Benz India reports 65% growth in retail sales during H1 2021")
We see a sharp rebound in the second half of FY22: JLR on investor call
Assurance comes a day after the company's stocks slumped by more than 10% following profit warnings over scarcity of semiconductors
 "We see a sharp rebound in the second half of FY22: JLR on investor call")
Nissan chief executive tells Tokyo court Carlos Ghosn had too much power
Nissan chief executive Makoto Uchida told a Japanese court that the company's former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long
 "Nissan chief executive tells Tokyo court Carlos Ghosn had too much power")
Unveiling its last petrol car, Lotus sets off in pursuit of Porsche
Lotus unveiled its last ever petrol car on Tuesday, a milestone in the British sportscar brand's journey towards becoming an all-electric and far bigger automaker by the end of the decade
 "Unveiling its last petrol car, Lotus sets off in pursuit of Porsche")
Chinese EV maker Xpeng eyes global market after $1.8 billion HK listing
Chinese electric vehicle maker Xpeng Inc, which on Wednesday raised $1.8 billion from a Hong Kong listing, will develop future models based on product platforms designed for international markets
 "Chinese EV maker Xpeng eyes global market after $1.8 billion HK listing")
JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage
Company sees semiconductor shortage deepening in the September quarter of the current financial year.
 "JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage")
Bajaj Auto reduces price of Dominar 250 by Rs 16,800 to Rs 154,176
The Dominar 250 comes with a 248.8 cc petrol engine.
 "Bajaj Auto reduces price of Dominar 250 by Rs 16,800 to Rs 154,176")
TVS Motor expects swift recovery from disruptions due to Covid
The firm believes it is now better prepared to tackle supply-chain issues
 "TVS Motor expects swift recovery from disruptions due to Covid")
Ashok Leyland expects plants to be operational for 6-25 days in July
The Chennai-based company noted that the overall market demand in July is better than in June this year.
 "Ashok Leyland expects plants to be operational for 6-25 days in July")
Jaguar Land Rover India commences deliveries of new Range Rover Evoque
Jaguar Land Rover India on Tuesday said it has commenced deliveries of new version of Range Rover Evoque in the country
 "Jaguar Land Rover India commences deliveries of new Range Rover Evoque")
Developing safe self-driving car a 'hard problem', admits Elon Musk
Tesla CEO Elon Musk has finally admitted that developing a safe and reliable self-driving car is indeed a difficult task
 "Developing safe self-driving car a 'hard problem', admits Elon Musk")
Hyderabad-based techie develops mileage booster for vehicles to save fuel
With the aim to reduce carbon footprint, a Hyderabad-based technician has developed an innovative mileage booster for vehicles that helps save fuel
 "Hyderabad-based techie develops mileage booster for vehicles to save fuel")
Okaya Group's EV division forays into electric two-wheeler business
Energy storage solutions provider Okaya Group's EV arm on Monday announced its entry into the electric two-wheeler business with the launch of a range of vehicles.
 "Okaya Group's EV division forays into electric two-wheeler business")
Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector
What are flexible fuel vehicles or FFVs? What is the benefit of using such vehicle? To know this and more, listen to the podcast
 "Flex-fuel engines: Roadmap, benefits and challenges for Indian auto sector")
