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Thursday, September 29, 2022

Passenger Vehicle | Two Wheelers | Policy | Auto Components | Tyres | Industry | Oil & Lubes | Commercial Vehicle

Top Stories

• World Bank and Small Industries Development Bank of India (SIDBI) to launch fund against loan default to lenders financing purchase of electric two- and three-wheelers

• Combination of positive factors to jack up auto dealers' revenue by 20-25% in FY23, says CRISIL

• Local production of EV battery resolving major challenges to make India global export hub: Report

• SAR Group sets up EV tech centre to boost EV ecosystem, 2W production

• Tata Motors launches $10,000 electric car in India

• Jaguar Land Rover sets out to train workers, dealers for EV world

• GODI India produces 3000F high-power supercapacitors for EV, ESS applications

• Mistry accident: Road safety audit raises concern over poor maintenance, inadequate signages

• Tech Job Openings Remain High, But Congress Is Not Taking Action Forbes

• Suppliers are beginning to join Toyota's hydrogen combustion crusade Automotive News

Passenger Vehicle

• Ford to invest $700 million, add 500 jobs at US truck plant

• Porsche to debut amid market tumult in historic IPO

• Toyota to start selling small electric sedan in China by year-end

Two Wheelers

• Motovolt Mobility plans to invest Rs 200 cr for expansion

Auto Components

• Taiwan says chip companies in talks about Europe investment

• Commerce ministry for imposing anti-dumping duty on Chinese steel tubes, pipes

Industry

• Tata Motors comes up with a larger pickup to regain lost share

• EV Safety Rules: Companies get more time to comply

• States get final OK to build highway EV charging network

• AI Logistix, SUN Mobility partnership to offer last mile 2,3W green deliveries

Oil & Lubes

• Indian Foreign Minister rues efforts to put Russian oil out of global market after Iranian & Venezuelan oil

• Goldman cuts 2023 oil price forecast due to weakening demand outlook

• Spike in oil price is breaking India's back: Jaishankar

Aftermarket

• Ola offers big festive discount of Rs 10,000 on S1 Pro electric scooter

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