Month: August 2019

Govt Measures Fail To Accelerate Auto Stocks

Auto shares were mixed as the government did not provide GST relief to the auto industry. The S&P BSE Auto index was down 0.25% at 15,689.26. It underperformed the Sensex, which was up 249.86% at 36,951.02. Hero MotoCorp (down 2.2%),…

Toyota Kirloskar Motor To Keep Selling Diesel Models In India

Toyota Kirloskar Motor (TKM) is planning to continue to sell diesel models in the country even as prices of such vehicles are expected to go up significantly with the upcoming BS-VI emission norms from April 1 next year, a top…

Pawan Munjal Planning To Invest In Ola Electric

Ola Electric is soon going to get a new Billionaire investor who also happens to be one of the most eminent personalities in the Indian auto industry. According to a news report published by Mint, Pawan Munjal- Chairman of Hero MotoCorp…

China Announces Tariff Hike On $75 Billion Of US Products

China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession. China also…

Porsche’s Taycan Electric Sedan Will Have ‘Minimalist’ Cockpit

Porsche’s Taycan electric sedan will introduce a minimalist cockpit design that breaks with the brand’s core stylistic convention. The Taycan will have a fully configurable digital instrument cluster — a first for a Porsche car. Previously every model has at…

Govt To Slow Down Electric Vehicle Push As Auto Industry Struggles

As automobile industry looks at the worst sales figures of the past 19 years, the Indian government has reportedly decided to slow down its push for electric vehicles adoption. According to the Society of Indian Automobile Manufacturers, the auto industry has recorded…

Mercedes & Fiat Will Electrify A & B Class Cars For European Market

Fiat CEO Olivier François tells the press his company’s electrification strategy will focus on small cars in the A and B class segments of the market. The Fiat 500 and Panda account for nearly a third of all small car…

Electric Car Gold Rush: The Auto Industry Charges Into China

In a drab industrial zone of western Shanghai, amid factories that each year crank out hundreds of thousands of gasoline-powered cars, transmissions, and engines, the world’s largest automaker is racing to finish a new sort of plant, one that will…

American Battery Metals Corporation Expects To Address Perception Of Shortages And Doubts By Executing On Its Plan For Exploration And Mining

American Battery Metals Corporation (OTCQB:ABML) (the “Company”), a premier battery metal exploration and development company based in Nevada, today responded to electric vehicle pioneer Tesla’s concerns about critical minerals supply shortages. At a recent battery metals conference, Sara Maryssael, Tesla’s global supply manager…

Wide Implications As Germany Teeters Toward Recession

Germany, Europe’s industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country’s central bank Monday — a development that could have repercussions for the rest…