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Volkswagen's global sales down 23% in H1 amid chip woes

Volkswagen's global sales down 23% in H1 amid chip woes

autherAutocar Professional Bureau     calendar28 Jul 2022

Growth-impacting factors like the war in Ukraine, global chip shortage and pandemic in China limit sales to 2.08 million units; order backlog stands at 728,000 vehicles for Europe alone, including 139,000 all-electric ID.s.

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Tata Motors ties up with Axis Bank to finance EV dealers News National
Tata Motors ties up with Axis Bank to finance EV dealers

autherAutocar Professional Bureau calendar28 Jul 2022

Earlier, Tata Motors joined hands with Indian Bank to facilitate financing for its passenger vehicle customers.

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Ceat launches tyres for four-wheeler EVs News National
Ceat launches tyres for four-wheeler EVs

autherAutocar Professional Bureau calendar28 Jul 2022

The company has its EnergyDrive range with a new cavity design called EasyFlex that helps to reduce rolling resistance...

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Apollo Tyres targets 5-billion dollar revenues by FY2026 News National
Apollo Tyres targets 5-billion dollar revenues by FY2026

By Shahkar Abidi calendar28 Jul 2022

The company's current revenues stand at about $ 2.8 billion.

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Quantron posts strong growth in first-half CY2022 News International
Quantron posts strong growth in first-half CY2022

autherAutocar Professional Bureau calendar27 Jul 2022

Substantial increase in demand for zero-emission commercial vehicles, over 500 international customer enquiries proces...

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Quantron posts strong growth in first-half CY2022 News International
Quantron posts strong growth in first-half CY2022

autherAutocar Professional Bureau calendar27 Jul 2022

Substantial increase in demand for zero-emission commercial vehicles, over 500 international customer enquiries proces...

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Honda 2Wheelers India begins exports to Australia, NZ News National
Honda 2Wheelers India begins exports to Australia, NZ

autherAutocar Professional Bureau calendar27 Jul 2022

A shipment carrying around 250 units of the SP125 is headed for foreign shores.

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Maruti’s net profits up 2x in Q1   News National
Maruti’s net profits up 2x in Q1  

autherAutocar Professional Bureau calendar27 Jul 2022

The chip shortage resulted in the non-production of about 51,000 vehicles during the June quarter and the company stat...

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Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai News National
Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai

autherAutocar Professional Bureau calendar27 Jul 2022

EV maker strengthens retail operations in Maharashtra; opens new Experience Centre in Malad, Mumbai; claims nearly sev...

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Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai News National
Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai

autherAutocar Professional Bureau calendar27 Jul 2022

EV maker strengthens retail operations in Maharashtra; opens new Experience Centre in Malad, Mumbai; claims nearly sev...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.72%

No

 

36.28%

Total Votes : 736