Foxconn wants to be for Tesla what it is to Apple

Foxconn, the Taiwan-based manufacturing giant, says that it wants to build electric vehicles for Tesla like it builds iPhones for Apple. At its annual Tech Day today, Foxconn unveiled a new electric pickup truck and a new electric crossover. The manufacturing company has now unveiled a full lineup of electric vehicles that it can produce… Continue reading Foxconn wants to be for Tesla what it is to Apple

Ineos Grenadier deliveries pushed back after production delays – Autocar

Ineos Grenadier production has begun – but the firm has admitted that customer deliveries aren’t likely to ramp up until later this year as a result of parts and development delays. In a symbolic moment, the first Grenadier started going down the production line at the firm’s former Mercedes factory in Hambach yesterday (Monday). Insiders… Continue reading Ineos Grenadier deliveries pushed back after production delays – Autocar

Green express highway between Mumbai and Bangalore to reduce travel time to 5 hours: Union minister Nitin Gadkari

The ministry is also in the process of constructing 75 tunnels at a cost of Rs 2.50 lakh crore, the minister said. On an average, 40 kms of roads are constructed per day in the country. The Ministry of Road Transports and Highways (MoRTH) is planning to take over the state highways with high traffic… Continue reading Green express highway between Mumbai and Bangalore to reduce travel time to 5 hours: Union minister Nitin Gadkari

Global automakers overwhelmingly select HERE to deliver drivers validated speed limit data across EU

More than 30 brands from 15 global automakers will utilize HERE ISA Map data to comply with the EU Intelligent Speed Assistance requirement.  HERE location data and software used in 170 million vehicles globally. Paris Motor Show – The European Union’s (EU) Intelligent Speed Assistance (ISA) regulation is in effect, and global automakers have overwhelmingly… Continue reading Global automakers overwhelmingly select HERE to deliver drivers validated speed limit data across EU

New Ineos Grenadier won’t arrive until 2023 amid delays – Autocar

New Ineos Grenadier won’t arrive until 2023 amid delays  Autocar 2023 Ineos Grenadier to enter production this month after delays  Drive Sir Jim Ratcliffe runs up £1.2bn bill for Land Rover rival the Grenadier  The Times Jim Ratcliffe’s attempt to rival Land Rover Defender racks up steep losses  The Guardian Ineos presented with £1.2bn bill to make Defender’s rival  City… Continue reading New Ineos Grenadier won’t arrive until 2023 amid delays – Autocar

New Ineos Grenadier won’t arrive until 2023 amid delays

Ineos Grenadier production has begun – but the firm has admitted that customer deliveries aren’t likely to ramp up until later this year as a result of parts and development delays. In a symbolic moment, the first Grenadier started going down the production line at the firm’s former Mercedes factory in Hambach yesterday (Monday). Insiders… Continue reading New Ineos Grenadier won’t arrive until 2023 amid delays

H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers

On a year-on-year basis, the OEMs saw improved performance owing to the easing of chip supplies, softening of commodity prices, new launches, and a Covid-free festive season after two years. New Delhi: After braving two years of difficult times, the Indian automobile industry finally seems to be coming out of the woods in the first… Continue reading H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers

Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%

Investing strongly for the next phase of growth – 1500+ Elxsians added in Q2FY23 along with new facilities in Bengaluru, Chennai, Kozhikode and Hyderabad BANGALORE, India, Oct. 14, 2022 /PRNewswire/ — Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world’s leading providers of design-led technology services, announced its second quarter results for the period ending 30th… Continue reading Tata Elxsi delivers steady growth in Q2FY23 with 5.1% QoQ growth in revenues and industry leading EBITDA margin of 29.7%

New Vehicle Supply Up, Prices Down in September

Full-size pickup trucks from domestic automakers had the highest inventory, back to levels similar to pre-pandemic days. As has been the case for months, larger and luxury cars also had inventory at the higher end of the spectrum. Graphic: Cox Automotive New-vehicle inventory closed September at its highest level since early June 2021, and the… Continue reading New Vehicle Supply Up, Prices Down in September