Special purpose Toyota Hilux showcased for Indian Army
Toyota has showcased two special purpose Hilux to the Indian Army today at the North Tech Symposium 2023 (NTS), a technology-showcase annual event conducted by the Northern Command of the Indian Army in collaboration with Society of Indian Defence Manufacturers (SIDM) and IIT Jammu.

Karnataka seeks more time from Centre to scrap old govt vehicles
The Karnataka transport department has sought more time from the Union ministry of road transport and highways (MoRTH) to scrap old government-owned vehicles. A lack of registered vehicle scrapping facilities has forced the department to delay phasing out an estimated 14,000 government vehicles.

SIAM Annual Convention 2023 focuses on balancing growth and sustainability
SIAM’s 63rd Annual Convention themed “Balancing Growth Aspirations with Sustainability”, was moderated by Shailesh Chandra, Vice President of SIAM and Managing Director of Tata Motors Passenger Vehicles.

Auto sector to be key driver of India's growth from fifth to third-largest world economy: PM Modi
On the sidelines of the 63rd SIAM Annual Convention held in New Delhi today, Prime Minister Narendra Modi virtually shared a message highlighting the importance of the Indian automobile industry. Modi said that the automobile sector “will be a key driver of India’s growth from the fifth to the third largest economy in the world.”
 

Bye Bye Diesel ! Nitin Gadkari urges Auto Inc to move away from diesel vehicle production
New Delhi: Union Minister of Road Transport and Highways, Nitin Gadkari, urged the automobile industry on Tuesday to shift away from diesel sales and the production of diesel vehicles, citing it as a hazardous fuel.

Nitin Gadkari withdraws his GST remark on diesel
New Delhi: Road transport minister Nitin Gadkari literally created a flutter in the car industry on Tuesday by saying that he would recommend an additional 10% GST on diesels, before withdrawing his own statement after it had created a furore that saw share prices of companies such as Mahindra & Mahindra and Tata Motors crash almost immediately.
 

MBRDI's Clean Green Nandi Project clears 46,000-kg waste, restore biodiversity
New Delhi: Mercedes-Benz Research and Development India Pvt Ltd (MBRDI) on Tuesday announced the successful completion of its 'Clean Green Nandi' project. Started in 2018, it was a five-year initiative aimed at restoring the natural splendour of Nandi Hills, Bengaluru to help and enhance the livelihoods of the local community.

India will be a global giant in EVs, schemes for green mobility will end at some point: Government
New Delhi: In the growing electric mobility trend, the 2-wheeler segment is taking the lead. Currently, around 8% of India's 2-wheeler sales are electrics. It's expected to nearly double, to 15%, next year.

In fast lane: Car companies eye 4 mn sales in 2023
New Delhi: Demand for new cars continues to stay strong despite concerns on interest rates and inflation. After registering a 33% sales growth in 2022, the industry is confident to close this year with a record 4 million-plus vehicles with as many as one million units expected to come in only during the festive season.

Maha leads the EV growth story with high registration
Maharashtra holds the number one position in the country for highest number of electric cars, electric two-wheelers and e-buses compared to 22 other states and eight union territories, showed statistics provided by Climate Trends and Climate Dot on the newly released public dashboard this week.

Why auto companies are feeling lost this festive season
India’s Motown is feeling a bit lost this festival season. Multiple long-term and short-term factors are giving it a bumpy ride, including policy adrift, the electric vehicle (EV) versus hybrid battle, muted consumer sentiments, Kerala flood, rising interest rates and a skewed market, thanks to the near-duopoly of Maruti-Hyundai.

‘Will increase tax so much you’ll find it difficult to sell’, Gadkari warns as he proposes 10% tax on diesel vehicles
India's road transport minister plans to submit a proposal to the finance ministry to levy an additional 10% GST on diesel engine vehicles, a move aimed at boosting climate-friendly vehicles in one of the most polluted countries. Calling it a 'pollution tax', Nitin Gadkari at the 63rd SIAM Annual Convention said his proposale is the only way to reduce the usage of diesel vehicles in the country.

Gasoline, diesel vehicles dominate India's auto market, EVs lag
India's road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world's third-largest car market.

Anand Mahindra remembers Mahindra's very first EV, shares picture
In response to this surprising post, a user commented, "Wow, that's impressive. Your company has always been ahead of its time."

EV Policy 2.0: Here is Delhi government's new plan to boost electric vehicles
In an effort to further bolster the adoption of electric vehicles (EVs) and promote a greener future, the Delhi government is gearing up to unveil its EV Policy 2.0 in the coming months. As per a TOI report, government plans to adopt the retro-fitment route under the new policy.

Piyush Goyal talks tough to auto industry on unnecessary import of components
In a strongly-worded message, Commerce and Industry Minister Piyush Goyal on Tuesday suggested the auto industry not to import components unnecessarily if the exporting country is not giving equal access to Indian players. He however said that companies can import quality products if those are not available or manufactured domestically.

APAC cockpits and instrumentation market to register 2.7% CAGR over 2023-28: GlobalData
GlobalData’s latest report “Global Sector Overview & Forecast: Cockpits and Instrumentation,” reveals that the APAC cockpits and instrumentation market is estimated to stand at 144.3 million units in 2023. The high growth in luxury and medium segment cars in the APAC markets drove the category over the past years, driven by the category of instrument clusters. The penetration rate of China, Japan, India, and Korea is constant at 100% throughout the forecast period. The sector is estimated to reach 164.7 million units by 2028.

Delhi govt's Electric Vehicle Policy 2.0 to shift gears
Delhi government's EV Policy 2.0, which is expected to be launched in a few months, may bat for retro-fitment to promote cleaner fuel.

EV registrations cross 1 million; industry may end 2023 with about 40 per cent growth
Chennai: The total EV (electric vehicle) registrations (including all segments) have surpassed one million units in this calendar year and the number is likely to touch 1.4 million or more for 2023, given the current trend and planned capacity ramp-up by various EV manufacturers.

Nitin Gadkari clarifies statement on ‘additional tax on diesel vehicle purchase’, says ‘no such plans yet’
After several media report suggested that Centre is likely to impose additional 10% GST on the sale of diesel vehicles, Road Transport Minister Nitin Gadkari clarified ‘there is no such proposal currently under active consideration’.

Alternative fuels to take center stage in the India's mobility sector
Source Credit: Nitin Kumar, Business Standard

New Delhi: During the 63rd Annual Convention of the Society of Indian Automobile Manufacturers (Siam), the Indian automotive industry and the government reached a mutual agreement to collaborate closely in their efforts to embrace alternative fuels. They aim to achieve carbon neutrality well ahead of the 2070 deadline.

Export of auto parts must hit $100 bn by 2030: SCALE chairman Pawan Goenka
Source Credit: Sohini Das, Business Standard

New Delhi: There is a need to have a task force solely for automotive exports in order to boost the export of components to $100 billion by 2030 from $20 billion now. Also, by then 25 per cent of the automobiles made here should be exported, said Pawan Goenka, chairman, Steering Committee for Advancing Local Value-Add and Exports (SCALE), which comes under the Ministry of Commerce and Industries, at the 63rd SIAM Convention. Speaking to Sohini Das, Goenka said startups were playing a huge role in the transition to electric vehicles.

Edited excerpts

Govt may impose additional tax to restrict sale of diesel vehicles: Gadkari

The government will look at imposing additional taxes to restrict sale of diesel vehicles unless automakers voluntarily move away from the fuel, Minister of Road, Transport & Highways Nitin Gadkari (MoRTH) said.

Diesel PV sales likely to come down with stricter emission norms
"It is a natural phenomenon that as the emission regulations keep tightening, the cost of acquisition will keep increasing, and this process (decline in diesel vehicle percentage) will be much faster going forward," Maruti Suzuki India Senior Executive Officer (Marketing & Sales) Shashank Srivastava told reporters here on the sidelines of SIAM annual convention.

SUVs and MPVs boost passenger vehicle sales in India to highest-ever level in August
 The industry body claimed that this growth in the passenger vehicle segment reflects the resilience and dynamism of the sector. Among the automakers, Maruti Suzuki saw an uptick of 16 per cent with 156,114 units dispatched to the dealers in August 2023, compared to 134,166 units recorded in the same month a year ago. Its closest rival Hyundai dispatches 53,830 units last month, up from 49,510 units dispatches in the corresponding month last year.

PM Narendra Modi asks auto companies to look at tech to cut emissions
“The Indian auto industry's efforts towards decarbonisation through the introduction of vehicles with a wide range of powertrain technologies is noteworthy. Today, we have vehicles running on multiple alternative technologies like Ethanol, Flex-fuel, CNG. Bio-CNG, Hybrid Electric, Electric and Hydrogen. There is a need to continue and enhance such concerted efforts for reducing both carbon emissions and our country's dependence on oil imports,” he said.

SIAM Convention: Festive season to see record high in sales this year: Maruti, Hyundai
With the festive season going to last 83 days this year, one of the highest after 2021, the passenger vehicle (PV) sales are expected to see a record high due to the pent-up demand this year.

First commercial production of ACC batteries under PLI to start from December/January: Mahendra Nath Pandey
The government on Tuesday said that the first production-linked incentive (PLI) scheme for advanced chemistry cell (ACC) battery storage will see commercial production starting from January 2024.

2023 Tata Nexon EV first drive review — The versatile EV
The Nexon is Tata’s best-selling product, be it in its ICE format or all-electric. Now, Tata has completely revamped the Nexon and the electric version gets its own unique updates, differentiating it from its ICE counterpart. 

'Great after-sales a key pillar of our strategy', Interview: Bipul Chandra, MD, Ducati India
In 2022, Ducati delivered a record 61,562 motorcycles around the world, making it the best-ever year for the brand. 

Auto Industry steps up green energy pace

The Automotive Industry needs to move away from polluting fuels and focus on green energy such as battery electric, hydrogen and ethanol, policy-makers and auto industry executives agreed on Tuesday at Society of Indian Auto-mobile Manufacturers (SIAM) annual convention. Road transport and highways minister Nitin Gadkari asked industry to expedite the adoption and share of green fuel technologies such as hydrogen, electric and bio-fuels. While hydrogen is still a few years away from being made commercially available,ethanol and bio-diesel both biofuels, are available in the market. 

Our EV subsidy policy is due for a full overhaul
 

Raining discounts: Up to Rs 65,000 off on Maruti Suzuki Baleno, Ciaz and Ignis
With the festive season around the corner, Maruti Suzuki has decided to offer discounts on selected Nexa vehicles including its best-seller, the Baleno. The country’s leading automobile manufacturer has bundled cash discounts, corporate benefits and exchange deals which can go up to Rs 65,000. 

Jeep Compass 2WD Automatic diesel launch likely soon: Expected price, features and specifications
The Jeep Compass diesel Automatic is only available with 4x4 variants and the prices start from Rs 29.8 lakh (ex-showroom). The petrol variants were discontinued due to BS6 stage II norms and Compass is now only available with diesel powertrain options. The petrol engine is also expected to come back in the coming months.

Top 10 best selling car brands in August— VW records highest YoY growth
The Indian passenger vehicle market is at an interesting phase with stability returning after various market crises such as the Covid-19 pandemic, shortage of semiconductor chips, and international tensions. With normalcy returning, the Indian car market is expected to show significant growth in the coming months.

Hyundai monthly output up by 4,000 units
The country’s second largest passenger vehicle manufacturer, Hyundai Motor India (HMIL) has increased its production capacity by 50,000 units thus taking its total annual output to around 820,000 against the earlier 770,000 units. Speaking to Fe, chief operating officer (COO) Tarun Garg said that as a result of capacity expansion, since July the company has been producing 4,000 more units a month, which has seen its monthly wholesales going up to 53,000 units from the earlier 48,000.

Updated Jeep Compass and Meridian SUVs teased. Check out the launch date
Speaking of variants, Jeep discontinued the petrol engine of the Compass when the BS6 Stage 2 norms kicked in. Because of this, the starting price of the automatic transmission increased substantially. As of now, if a person wants an automatic transmission then he or she would have to spend at least ₹29.84 lakh ex-showroom which is around ₹5 lakh more than Petrol DCT which used to be on sale.

Maruti, Hyundai say diesel passenger vehicle sales likely to come down with stricter emission norms
Leading carmakers Maruti Suzuki India and Hyundai Motor India on Tuesday said the percentage of diesel cars in passenger vehicle sales is expected to come down with stricter emission regulations, increasing the cost of ownership. On a day when Union Road Transport and Highways Minister Nitin Gadkari spoke of the need to levy an additional 10 per cent tax on diesel-run vehicles to help cut emissions, although clarified that there is no proposal under the government consideration to impose such a tax, the automakers pointed out that already sales of diesel passenger vehicle have been declining.

Honda Elevate waiting period details: Know which variants in high demand
Honda Cars India launched its highly-anticipated Elevate SUV on September 4 at an introductory starting price of Rs 10.99 lakh (ex-showroom). Interested customers can book the Honda Elevate mid-size SUV at an initial amount of Rs 5,000 through the official website or via authorized dealerships at Rs 21,000. If you are planning to buy the Honda Elevate SUV and want to know the waiting period details, we got you covered. As confirmed with our dealer sources, here is how much you have to wait for the delivery of your Honda Elevate SUV.
 

Maruti, Hyundai expect record sales this festive season

The festive period has started off on a good note for automakers, who expect record sales amid better supplies and sustained consumer demand in the local market.

Mahindra's Light Specialist Vehicle and All-Terrain Vehicle inducted into Indian Army. See why they are special
 Besides enabling the Indian Army with mobility through treacherous terrains, these vehicles come with equipment to enable the armed forces personnel to engage in battle as necessary. These vehicles come equipped with automatic grenade launchers and anti-tank-guided missiles. They can be used as personnel carriers, as well as for carrying supplies, ammunition and replenishment. They can also be used for ferrying quick reaction teams as and where required.

Toyota Kirloskar Motor expects record sales in bet on 'looks', high output
 

Mahindra XUV 400 electric SUV gets Rs 1.25 lakh off ahead of new Tata Nexon EV launch, check features
Mahindra XUV 400 is the company’s first all-electric SUV and the Mahindra Thar cousin is available at a massive discount of around Rs 1.25 lakh. As per a report by Autocar India, dealers are offering discount on the model with ESC as standard. Mahindra XUV 400 electric SUV price in India starts at Rs 15.99 lakh (ex-showroom) and the discount comes as the Tata Nexon EV 2023 launch is right around the corner. Mahindra XUV 400 electric SUV is based on the eXUV300 concept that was showcased at Auto Expo 2021. The new Mahindra XUV 400 electric SUV competes against the likes of Tata Nexon EV and MG ZS EV. 

BMW 6 Series GT M Sport Signature arrives in India at Rs 75.90 lakh
After the 2 Series M Performance Edition, BMW has launched another limited edition model in India, this time a 6 Series. The new 630i Gran Turismo M Sport Signature is priced at Rs 75.90 lakh (ex-showroom). The luxury car will be locally assembled at the company’s facility in Chennai. 

E-bus tender bids to get aggressive
Electric bus makers who were reluctant to participate in tenders floated by the Centre will now aggressively bid for them, with the government addressing concerns regarding the lack of a payment security mechanism.

New products, geographies and robust growth to power Ashok Leyland’s ascend to the list of global top 10 CV makers
Ashok Leyland recently celebrated its 75th anniversary, and the commercial vehicle maker’s ambitious target to be amongst the top 10 CV makers globally is just getting stronger.

JCB India opens new dealership in Delhi
Off-road construction equipment major JCB India has inaugurated its new dealership in the Delhi-NCR region called ‘Pasco Earthmovers’. The new facility will host JCB India’s full product portfolio.

Kawasaki Ninja ZX-4R: 400 cc but each cylinder more powerful than a 150 cc motorcycle
The Kawasaki ZX-4R was revealed globally a few months ago and internationally the bike is available in three variants – standard, SE and RR. Only the base variant has been launched in India. The bike is available only Metallic Spark Black colour option.

2024 KTM 390 Duke Vs Triumph Speed 400: Specs, features, price comparison
KTM launched the new generation 390 Duke yesterday after unveiling it globally last month. It goes up against the Triumph Speed 400 launched earlier this year. Interestingly, both these European motorcycles are made in India by the same company– Bajaj Auto. Let us look at how both these street motorcycles fare against each other.

Kawasaki unleashes Ninja ZX-4R in India at Rs 8.49 lakh
Kawasaki has launched the Ninja ZX-4R at Rs 8.49 lakh, ex-showroom. The sports bike enters the Indian market via the completely built unit (CBU) route and is only available in one trim. Hence, it is Rs 71,000 less than the more powerful Z900 which boasts a more powerful 948cc inline-four motor. 

From Track to Trend: India's motorsport culture and the promise it holds
This article is written by Eishin Chihana, Chairman, Yamaha Motor India Group

2023 KTM 390 Duke vs TVS Apache RTR 310: Price and specification comparison
The 2023 KTM 390 Duke comes on the heels of the TVS Apache RTR 310, challenging

Kawasaki ZX-4R launched in India: 5 things to know
Kawasaki ZX-4R: Design

2023 KTM 390 Duke launched in India: 5 things to know
2023 KTM 390 Duke: Muscular design

Bluewheelz Forge partners Okaya EV to deploy 5,000 electric two-wheelers for last-mile logistics
Okaya EV, a leading electric two-wheeler manufacturer has announced a strategic collaboration with Bluwheelz, a tech-enabled logistics company, to introduce green vehicles for last-mile logistics.

Lectrix LXS G 2.0, LXS G 3.0 electric scooters receive 12,000 bookings
Bookings for the electric scooters were opened in July with a limited-period introductory offer while deliveries were commenced in August. The scooters are touted to come with an array of 36 safety features, 24 smart features and 14 comfort features. These are available with a 2.3kWh and a 3kWh battery options, offering up to 100+ kilometres of range.

River Indie first ride review — A ‘Surprising’ UV of scooters
Bengaluru-based electric vehicle startup River EV launched its first scooter, called the Indie, a few months ago. During its launch, the company claimed that they had taken a scooter back to its basics, by allowing the Indie to be able to carry things on the floorboard and in the boot, while not losing out on the fun factor.

Uno Minda launches alloy wheels in Indian aftermarket segment
Tier 1 supplier Uno Minda is expanding its offerings not only in the OE segment but also aftermarket. The company has announced the launch of alloy wheels in the Indian aftermarket segment, an area where it sees significant growth opportunities. Launched under the Uno Minda Wheelz brand it will be sold across all leading online and offline retail stores, starting at Rs 5,990. 

KPIT sees OEM clients contributing upto $200 million annually
Pune-headquartered software major KPIT is optimistic about the growing importance of middleware in the era of Software Defined Vehicles (SDV), which will present huge growth opportunities.

Production of advanced chemistry cell batteries in India likely to start by Jan 2024: Mahindra Nath Pandey
Production of the first set of advanced chemistry cell batteries in India is likely to commence by January 2024, Union Minister Mahindra Nath Pandey said on Tuesday. In May 2021, the government approved the PLI (Production Linked Incentives) scheme for manufacturing ACC (Advanced Chemistry Cell) batteries at an estimated outlay of Rs 18,100 crore.

India imposes anti-dumping duty on flat-base steel wheels
India has imposed an anti-dumping duty on some Chinese steel for a period of another five years, according to an official gazette by the Ministry of Finance.

Steel prices to stay high amid pre-poll spending: Crisil
Domestic steel prices are expected to stay higher in this financial year despite a slowing global economy owing to pre-election spending, said CRISIL Market Intelligence and Analytics. It said in a note on Tuesday that prices are expected to remain at ?59,000 per tonne for flat steel and ?56,000 per tonne for long steel.

TVS Supply Chain Solutions reports increased net loss in Q1
Chennai: TVS Supply Chain Solutions Limited reported increased net loss at ₹65.3 crore for the first quarter ended June 30, 2023, against a net loss of ₹1.8 crore in the corresponding quarter last year. Revenue was down 12 per cent to ₹2,342 crore (₹2,675 crore). Ravi Prakash Bhagavathula, Global CFO of TVS Supply Chain Solutions Ltd, in a release said overall profitability showed a decline because of higher interest cost and a one-time exceptional expense of ₹25.57 crore during the first quarter. For the year ended March 31, 2023, the company reported a net profit of ₹41.76 crore on revenue of ₹10,311 crore.

Business performance was driven by a very strong growth momentum in the Integrated Supply Chain Solutions segment (ISCS). The ISCS revenue was ₹1,318.9 crore, up 20.1 per cent YoY. The ISCS segment revenue grew in all geographies (India, Europe, North America) both sequentially and YoY. Expansion in existing engagements and new business development drove revenue growth.

‘Say bye to diesel’: Centre warns automakers of higher taxes in pollution fight
The Union road transport minister on Tuesday said he will propose an additional 10% tax on diesel vehicles and warned automakers of even higher levies to come to force them away from diesel-burners and cut fuel emissions and pollution.

Oil prices settle mostly flat ahead of monthly oil forecasts
The benchmark oil price settled largely unchanged on Monday, holding above the USD 90 a barrel reached last week for the first time in 10 months following fresh Saudi and Russian crude output cuts.

Bajaj plans to enter SME, four-wheeler finance
The scope for financial inclusion in India is immense and the entry of Jio Financial Services in the non-banking finance companies (NBFC) space will not take away the market share of any entity, Bajaj Finserv chairman and MD Sanjiv Bajaj said on Monday.

Bank of Baroda announces festival campaign: Cuts home and car loan rates, offers special discounts
Mumbai: Bank of Baroda (BoB) has launched a festival campaign, whereby it has cut home and car loan interest rates by 20 basis points (bps) and up to 10 bps, respectively. Under the campaign, which will run up to 31st December, 2023, the public sector bank has also cut education and personal loan interest rates by 60 bps and 80 bps, respectively.

Ford Mustang Mach E Rally revealed
New Mach-E Rally features an updated version of the Mach-E GT's dual-motor system

Hyundai Creta facelift continues testing; 1.5-litre diesel test mule spotted
Creta facelift to get major styling tweaks

Updated Honda CB300F launched at Rs 1.7 lakh
CB300F powertrain now E20 and OBD-II compliant

Tata Nexon EV facelift review: Feels like a generation jump
Tata Nexon EV facelift exterior design

Nitin Gadkari urges industry to stop production of diesel vehicles
Source Credit: Autocar India

Speaking at the SIAM’s 63rd annual convention, Union Minister of Road, Transport and Highways Nitin Gadkari has urged the automobile industry to stop the production and sale of diesel cars and SUVs, which he described as ‘polluting vehicles’. 

River Indie review: going against the flow
Source Credit: Autocar India

In an e-scooter market that’s becoming increasingly populated with machines offering very similar performance, features and design philosophies, the River Indie sets itself apart right from the first impression. A minion is the first thing that comes to my mind when I see that front fascia, with its bespectacled pair of eyes. It may look like something else to you, but what’s guaranteed is that you will turn and look. The Indie may not have the prettiest design out there, but it’s certainly a striking look, and I’ve grown to find it rather cheerful and quirky.

UK needs Chinese batteries to get to net zero, Badenoch says
The UK is kicking in support toward BMW AG making electric Minis in Oxford without insisting that batteries are sourced locally, Business Secretary Kemi Badenoch said, in candid comments on the auto industry’s reliance on China.

Tesla supercomputer could boost EV maker's market cap by $600 billion - Morgan Stanley
Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an "asymmetric advantage" and boost its market capitalization by nearly $600 billion, or 76%, Morgan Stanley estimated.

Peugeot's popular 3008 model gets an all-electric makeover
Stellantis' Peugeot has unveiled its new 3008, which is now a fully-electric coupe SUV - or "fastback" - in the hope of extending the success of one of the brand's best-selling fossil-fuel models.

Synthetic graphite for EV batteries: Can the West crack China's code?
New investments in the United States and Europe aim to challenge China's stranglehold on a key ingredient used in most electric vehicle batteries - graphite - but industry experts said that will be an uphill battle.

Volkswagen unveils electric sports limousine, ID.X Performance 01
New Delhi: Volkswagen has introduced the ID.X Performance1 concept car, at the prestigious ID. Treffen event held in Locarno. The all-electric sports limousine, positioned within the upper mid-sized segment, brings formidable all-wheel drive and a performance-oriented suspension system to the forefront.

Israel expects 30% of cars on its roads to be electric by 2030
Israel is expecting a huge jump in electric vehicle use by the end of the decade, when nearly a third of cars will be charged by the power grid rather than using gasoline, the Energy Ministry said on Tuesday.

For Auto Workers, It Isn’t Just About Pay
Discussions of work-life balance have permeated many corporate workplaces over the past few years.

BMW plugs £600 million into UK plant to make electric minis
BMW AG will invest in the 110-year-old plant where the Mini brand originated to make electric models, tapping the UK government for support in the fight to prop up the country’s car industry.

Apple’s electric dive into mobility: What is ‘Project Titan’ electric car?
Apple has been rumoured to be working on an electric car for several years, under the codename ‘Project Titan.’ Around 2015, when Tesla made waves with its autonomous driving software updates, reports suggesting that Apple is working on its own fully-autonomous electric car picked up pace.
 

Tesla, suppliers to invest USD 15 bln in Mexico factory
A state governor in Mexico said on Monday that Tesla and its suppliers would invest USD 15 billion over the next two years in a factory that is still under construction, an amount that is triple what Mexican officials previously announced.

Potential UAW strike could cut production, push up vehicle prices, analysts say
A prolonged coordinated strike by the United Auto Workers (UAW) union against the Detroit Three automakers could cut production by thousands, potentially pushing up vehicle prices and exacerbating supply-chain disruptions, analysts said.