Auto component industry looks to invest $7 bn over next 5 years to expand capacity, upgrade tech

Auto component industry looks to invest  bn over next 5 years to expand capacity, upgrade tech

The auto component industry is looking to invest around USD 6.5 to 7 billion over the next five years on capacity expansion and technology upgradation, with the demand expected to remain robust over the period. The industry, which recorded a 12.6 per cent year-on-year revenue growth in the first half (April-September) of the current fiscal … Read more

Efforts to boost localisation adding on to revenue of component firms

Efforts to boost localisation adding on to revenue of component firms

India’s love for larger, feature-rich vehicles, coupled with efforts being undertaken by stakeholders to deepen localisation, is turning into a boon for local autos parts makers with component sales in the country surging to a whopping $ 36.1 billion in the first six months of the current financial year. An increase in value of sales … Read more

US Regulators Want Cars to Include Drunk-Driver Detection Technology

US Regulators Want Cars to Include Drunk-Driver Detection Technology

In a document accompanying Tuesday’s announcement, regulators laid out several open questions around anti-drunk-driving technology that made clear the NHTSA’s plans are at an early stage: What’s the best way to determine whether someone is drunk or drowsy or distracted, and should the car treat those impairments differently? What should a car do if it … Read more

Tesla Is Recalling Nearly All Vehicles Sold in US to Fix an Autopilot Fault

Tesla Is Recalling Nearly All Vehicles Sold in US to Fix an Autopilot Fault

Tesla is recalling more than 2 million vehicles, nearly all of the vehicles it has sold in the US to date, to fix a flawed system designed to make sure drivers are paying attention when they use Autopilot. Rather than physically recalling vehicles, documents posted today by the US National Highway Traffic Safety Administration (NHTSA) … Read more

Massive Layoffs Hit Troubled Robotaxi Developer Cruise

Massive Layoffs Hit Troubled Robotaxi Developer Cruise

Cruise, General Motors’ self-driving development subsidiary, will lay off almost a quarter of its workforce—about 900 employees—the company announced Thursday. The cuts are part of a broader restructuring to focus the robotaxi unit on a narrower path to commercialization. Instead of expanding its commercial robotaxi service to multiple US cities, the company will relaunch its … Read more

Lamborghini Revuelto 2024 Review, Specs, Price, Availability

Lamborghini Revuelto 2024 Review, Specs, Price, Availability

Such is the fluidity of this interchange between electric and combustion that, after a time, you stop thinking of the car as being a hybrid at all, and settle to simply enjoy the visceral experience of the Revuelto—which, although hugely entertaining, is more refined than any previous Lamborghini. And not just in the powertrain. The … Read more

Holiday crowds at airports and on highways are expected to be even bigger than last year

More Americans are expected to fly or drive far from home over Christmas than did last year, putting a cap on a busy year for travel. Auto club AAA forecast Monday that 115.2 million people will go 50 miles or more from home during the 10 days between Dec. 23 and New Year’s Day. That’s … Read more

The Cheapest Bugatti You Can Buy Is An E-Scooter

Image: Bugatti & Bytech Good news fellow plebeians! Bugatti has unveiled a vehicle we common folk may actually be able to afford… and it’s an EV. Sounds too good to be true? It is. The French hypercar maker unveiled its first electric scooter at CES. Exciting, I know. Bugatti teamed up with U.S. company Bytech … Read more