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Audi India sees Red Sea shipping crisis impacting 2-6 weeks output

Audi India sees Red Sea shipping crisis impacting 2-6 weeks output

Hormazd Sorabjee     calendar06 Jan 2024

The German luxury carmaker’s India head Balbir Dhillon expects the shipping disruption in the Red Sea to result in a 15-20% decline in its volumes during the January-March quarter.

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Target for 50 percent export share: Piyush Goyal tells automakers News
Target for 50 percent export share: Piyush Goyal tells automakers

By Kiran Murali calendar05 Jan 2024

The Indian market is being looked at as an export hub, an alternative to China, by global players including Tesla and ...

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'Tesla in pipeline', says Gujarat industry minister ahead of Vibrant Gujarat Summit: ANI News
'Tesla in pipeline', says Gujarat industry minister ahead of Vibrant Gujarat Summit: ANI

autherAutocar Professional Bureau calendar05 Jan 2024

"Quite a few companies are in touch. Talks are going on at higher levels, and we are positive," he added.

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Over 27 OEMs, 400 component makers to participate in Bharat Mobility Global Expo News
Over 27 OEMs, 400 component makers to participate in Bharat Mobility Global Expo

autherAutocar Professional Bureau calendar05 Jan 2024

The mega exhibition, with a focus on electric mobility and other alternative technologies, will also bring together mo...

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition News
Minda Corporation, Pricol to present arguments to CCI over stake acquisition

By Shahkar Abidi calendar05 Jan 2024

"The communication sent by CCI has provided our company with an opportunity to represent our views on the matter," Min...

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India’s automobile industry not scared of competition: Commerce minister News
India’s automobile industry not scared of competition: Commerce minister

By Kiran Murali calendar05 Jan 2024

Recently, there have been reports that the government has proposed to cut duties for British electric vehicle makers i...

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Kinetic Green appoints S Sundareswaran as Director of Manufacturing and Operations News
Kinetic Green appoints S Sundareswaran as Director of Manufacturing and Operations

autherAutocar Professional Bureau calendar05 Jan 2024

He comes with three deacdes of experience in the automotive and auto component industries.

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Solid State Batteries: Are we there yet? News
Solid State Batteries: Are we there yet?

By Shapur Kotwal, Autocar India calendar05 Jan 2024

Solid State batteries are the future and the race to produce and put them to market is well and truly on. Here’s why t...

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Exide Industries to increase corporate guarantee limit to subsidiary News
Exide Industries to increase corporate guarantee limit to subsidiary

autherAutocar Professional Bureau calendar05 Jan 2024

The corporate guarantee limit for its wholly-owned subsidiary Exide Energy Solutions will be increased from Rs 2,000 t...

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Toyota Kirloskar Motor announces price hike effective 1 January, 2024  News
Toyota Kirloskar Motor announces price hike effective 1 January, 2024 

autherAutocar Professional Bureau calendar05 Jan 2024

The price increase ranges from 0.5% to 2.5% on select models and variants. 

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