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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. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. The post Stellantis strengthens ties with China’s auto industry appeared first on TESLARATI. Dongfeng Motors Corporation Ltd.

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Bajaj Auto sees India 2W industry volume growing 8-10% YoY in FY24 | Autocar Professional

Baua Electric

Bajaj Auto Ltd expects domestic two-wheeler industry volume to grow 8-10% on a year-on-year basis during the current financial year with growth across all segments. Though the industry sales remain below the all-time high of 2018-2019, two-wheeler sales have been robust in 2023. The growth rates are doing well as we go up the pyramid.

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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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India’s auto industry will hit Rs 25 lakh crore target before time: Vinod Aggarwal | Autocar Professional

Baua Electric

Auto industry veteran Vinod Aggarwal isn’t just highly optimistic about India’s auto market — he has utmost faith that the sector will achieve its Rs 25 lakh crore target with ease, that too well before the proposed deadline of 2027-28. Similarly, in the heavy-duty trucks category, VECV secured a 9.1 percent the last financial year.

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CAAM calls for return to normal order in China's auto industry as price war disrupts sector

CN EV Post

(Image credit: CnEVPost) The price war is one of the most talked-about topics in China's auto industry this month, creating operational challenges for many car companies. Now, an industry association is calling for a return to rationality for all parties to bring order to the market. For more articles, please visit CnEVPost.

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Tesla China planned to cut Model Y production by at least 20% in March-June: Reuters

Teslarati

Tesla has significantly reduced production of its Model Y electric car at its Shanghai factory in recent months, as per industry data and a source reportedly familiar with the matter. Data from the China Association of Automobile Manufacturers (CAAM) seems to corroborate the production cuts.

China 113
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Tesla China partners with Baidu for maps to clear FSD hurdle

Teslarati

pic.twitter.com/wBPpXkC3pZ — Tsla Chan (@Tslachan) April 29, 2024 Apart from its deal with Baidu for mapping and navigation, Tesla also cleared data security and processing requirements in China, as per the China Association of Automobile Manufacturers. Don’t hesitate to contact us with news tips.

China 138