2021 Auto News

Why there is a microchip crisis and how it’s affecting auto industry at large?

Credits: www.auto.hindustantimes.com The ongoing microchip crisis has hit the auto industry hard enough and the scarcity is expected to remain for at least first half of 2021. The global auto industry has been shaken severely by the Coronavirus pandemic and with its devastating effect yet to be faded, the automobile sector is facing another headwind […]

2021 Auto News

How The Auto Industry Is Eyeing Post-Pandemic Growth

Credits: www.hotcars.com Fully autonomous solutions enabling physical distancing, and a host of other strategies are in the works in the auto industry. The COVID pandemic timeline has been one of the most trying periods for mankind in recent history. The evaporation of jobs, the falling off of businesses, and the progressive tanking of the population’s […]

2021 Auto News Indian automobiles

Auto industry hails new vehicle scrappage policy

Credits: www.livemint.com The proposed vehicle scrappage policy is expected to boost sales of automobile manufacturers leading to higher production capacity utilization The new vehicle scrappage policy, announced by the Centre on Monday, will help reduce pollution by removing old vehicles and will help turnaround the fortunes of struggling automotive industry by boosting sales, said senior […]

2021 Auto News Indian automobiles

Auto Industry to Face Semi-Conductor Shortfall till Q1 of FY2022; Cost of Ownership to Go Up: CRISIL

Credits: www.moneylife.in Indian auto industry, along with its global peers, continues to face issues in the supply of semi-conductors. In fact, commenting on auto sales and registrations during February, two prominent industry bodies highlighted the issue of unavailability of semi-conductors. Ratings agency CRISIL, however, feels the shortfall in semi-conductors would remain till the first quarter […]

2021 Auto News Nissan

The Fairlady Z432R Is the Most Valuable Z in the World

Credits: www.roadandtrack.com One of these recently sold for $800,000 at auction. Here’s why it’s the ultimate Z. “I like driving. A car is useless if it doesn’t move. By riding, the 432R is pleased.” With these simple words, accompanied by an apology for his limited English, Akira Takeuchi reveals himself to be the sort of […]

2020 Auto News Indian Automobile News Mahindra TUV300 The Automobile News

BS6 Mahindra TUV300 Facelift Version Launching in 2021

Not much has been talked about the interiors or the engine specs of the upcoming Mahindra TUV300 facelift version.Mahindra & Mahindra Ltd (M&M) is going to launch the BS6 variant of the TUV300 facelift version next year, as per media reports.Among the facelift designs are seen the new front grille on top of which a […]

2020 Auto News Auto Sales Indian automobiles

Is Automobile Industry Back On Track After A Bumpy Ride?

Demand recovery for the automobile sector post lifting of lockdown has been stronger than anticipated. Brokerage firms are bullish, but they advise investors to remain cognizant of retail auto sale risks. Motilal Oswal Financial Services predicts that the second quarter (Q2) of FY 2021 could potentially mark the beginning of a margin recovery phase after […]

2020 Auto News Auto Sales Indian automobiles

Banks, NBFCs Deal Another Blow To India’s Battered Auto Industry

One indicator may be worrying for India’s automakers even as sales rebound after April’s complete washout—lenders have turned stricter. Around 80% of owners, according to an auto dealers’ lobby, bought cars, motorcycles and scooters on borrowed money prior to the pandemic. But as economic activity collapsed during the harshest lockdowns in the world, millions are […]

2020 Auto News Auto Sales Automotive updates

How Software Strategies Will Dominate Auto Industry

A carmaker needs a solid software strategy. The growing amount of software functionality in every new car model will require increased competency, and yet, it’s one thing that’s in short supply in the auto industry… Software expertise and experience are becoming crucial core competency that is in short supply in the auto industry. The growing […]

2020 Auto News Auto Sales USA automobiles

The Pandemic Will Permanently Change the Auto Industry

Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars. A Skoda Auto factory in Mlada Boleslav, Czech Republic. It took almost a decade for car sales in the European Union to recover from the recession that began in 2008. FRANKFURT — Some automakers may emerge […]