Tag: automakers

Long waiting periods for a new car to be the norm as chip shortage persists

The long waiting periods for popular cars may remain a norm well into 2022, as the semiconductor shortage for the automotive industry causing these delays...

GM India to lay off 1,419 workmen at Talegaon plant, invokes section 25 of Industrial Dispute Act

US Carmaker’s Indian subsidiary General Motors India laid off 1,419 workmen on Friday, by invoking section 25 of the Industrial Dispute Act. The employees Union...

Volkswagen takes aim at Tesla with own European gigafactories

Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla...

Hyundai: Hyundai wrestles with the risks of embracing Apple

SEOUL/SAN FRANCISCO: Executives in Hyundai Motor Co Group are divided over a potential tie-up with Apple Inc, with some raising concerns about becoming a contract...

EV target: OEMs stare at Rs 3.5 lakh crore capex in 7 years to meet govt’s EV target: Report

Mumbai: Original equipment manufacturers (OEMs) will require a massive capex to the tune of around Rs 3.5 lakh crore for electric vehicles (EVs) in the...

5G’s Arrival Tees Up Patent Fights in Market Set to Grow 12,000 Percent

Battles unfolding on several continents over who profits from connected cars, smarthomes, and robotic surgery may dwarf the size and scope of the tech industry’s...

How the Crisis is Changing Our Love of Driving, and How Entrepreneurs Can Act On It

August 19, 2020 6 min read Opinions expressed by Entrepreneur contributors are their own. According to a consumer survey conducted by McKinsey earlier this year,...

Covid-19 to push automakers into a record loss of Rs 10,000 crore in first quarter

Mumbai: Listed Indian automobile companies could post a cumulative loss of Rs 10,000 crore for the June quarter.As much as Rs 7,000 crore of this...

Covid-19 impact: Automakers want flexible manufacturing for business after the pandemic

MUMBAI: Automakers are looking to fast-track plans for agile manufacturing processes and supply chains as they prepare for a volatile demand environment after the Covid-19...