September 20, 2018

Volkswagen to stop doing business in Iran: Bloomberg

Volkswagen has bowed to American pressure stemming from the US rejection of the multi-party nuclear deal and will end almost all business in Iran, Bloomberg News reported Wednesday. The accord was reached Tuesday after weeks of talks between the German auto giant and the administration of President Donald Trump, said Richard Grenell, the US Ambassador to Germany, according to Bloomberg. VW will still be able to do some business in Iran under a humanitarian exception, Bloomberg added. In May, Trump pulled the US out of the deal it reached......

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September 19, 2018

Audi launches electric SUV in Tesla’s backyard, with...

German luxury car brand Audi staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc, and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.
The Audi e-tron midsize SUV will be offered in the"...

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September 18, 2018

VW recalls unspecified number of Polo GT, Vento and Jetta...

German carmaker Volkswagen is recalling unspecified number of Polo GT, Vento and Jetta models in India manufactured between April 1, 2015 and March 31, 2017. In a public notice dated September 15, the company said the recall was for making 'necessa Carbon canister is used to absorb fuel vapour to prevent pollution. ry updates' for Polo GT 1.5 and Vento 1.5 with manual transmission. While for Jetta 1.4 TSI, it is for replacement of O-rings in carbon canister as per the Conformity of Production (COP) process agreed with ARAI. Carbon canister is used to absorb fuel vapour to prevent pollution. Details of the number of units affected......

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September 15, 2018

Electric vehicle campaign gets fresh global boost

The UK and seven major companies have joined the EV30@30 campaign, which aims to speed up the deployment of electric vehicles and target at least 30 per cent new electric vehicle sales by 2030.

The expanded membership will strengthen the collective and coordinated approach"...

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September 8, 2018

Rockwell Automation Board of Directors Approves $1 Billion...

The Board of Directors of Rockwell Automation, Inc. (NYSE: ROK) today authorized the company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock. This is in addition to the authorization on January 15, 2018, to repurchase $1 billion worth of"...

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September 4, 2018

Maruti may get 1,400 acres for 3rd Haryana factory

Maruti may set up a third manufacturing factory in Haryana as the Khattar-led state government is likely to allot 1,400 acres of land at Sohna to the country’s largest carmaker, a senior Haryana minister said. The"...

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September 2, 2018

Ford kills plan to sell Chinese made vehicle in the US

Ford Motor Co has abruptly killed a plan to sell a Chinese-made small vehicle in the United States because of the prospect of higher US tariffs, the head of the automaker’s North American operations said on Friday. The automaker’s decision came as US President Donald Trump is"...

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September 1, 2018

Maxion Wheels to Showcase Innovation Truck Wheel Portfolio...

Maxion Wheels, the world’s largest manufacturer of wheels, announced today its participation in the 67th IAA Commercial Vehicles exhibition in Hanover, Germany. From Sept. 20 – 27, 2018, Maxion Wheels will display both its application-diverse truck wheel product portfolio, as"...

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August 30, 2018

India’s Mahindra says Fiat Chrysler files patent complaint...

India’s Mahindra and Mahindra Ltd said here on Wednesday Fiat Chrysler Automobiles US LLC filed a patent violation complaint with the US International Trade Commission against the company. As per the complaint, certain design features of Mahindra’s off-road utility vehicle ROXOR"...

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August 29, 2018

100% placement for JIM's first batch: Maruti Suzuki India...

The country's largest car maker Maruti Suzuki India (MSI) today said its skill development initiative Japan India Institute for Manufacturing (JIM) in Gujarat has recorded 100 per cent placement for the first batch of students. All students were offered jobs by reputed organisations in the auto sector, Maruti Suzuki India said in a BSE filing. 'Indian automobile industry is witnessing expansion of production capacities, sales and service networks that will create demand for skilled youth. Maruti Suzuki undertakes skill development as an important pillar of intervention under Corporate Social Responsibility,' it added. JIM was......

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