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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.

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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

Volvo 320
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Auto industry to invest USD 7 bn in 5 years to deepen parts localisation – ET Auto

Baua Electric

“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association ( ACMA ) said.

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Tata Motors launches innovative Harman Ignite Platform in its passenger vehicles – ET Auto

Baua Electric

New Delhi: Tata Motors , India’s leading automobile manufacturer, has selected the Harman Ignite Store as its in-vehicle app store, bringing easily accessible, reliable and safe mobility experiences to more customers. We are delighted to collaborate with Tata Motors and bring India its first integrated in-vehicle app store.

Motor 52
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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. —Yu Jun, General Manager of GAC Motor.

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Auto-ISAC releases automotive cybersecurity best practices

Green Car Congress

Members of the Automotive Information Sharing and Analysis Center ( Auto-ISAC ) released an overview of comprehensive Automotive Cybersecurity Best Practices developed as a proactive measure to further enhance vehicle cybersecurity throughout the industry. The Best Practices include seven functions.

Auto 150
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Bharat Global Mobility Expo to be an annual event; Auto Expo set to converge | Autocar Professional

Baua Electric

The Bharat Mobility Global Expo will now become an annual event, with the biennial motor and component exhibitions organised by industry automotive industry associations SIAM and ACMA, set to converge. Over 1,000 exhibitors and around 1.3 lakh registered visitors participated in the three-day mega event held in Delhi.

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