Representational image only. | Photo Credit: AP Hyundai Motor India Limited (HMIL), said on March 13 that it has signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra. The Term Sheet covers the proposed acquisition of Land & Buildings and Certain machinery and equipment for manufacturing situated […]
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Toyota teams up with Suzuki to crack the Indian hybrid market, and the first new model is a compact SUV Toyota teams up with Suzuki to crack the Indian hybrid market, and the first new model is a compact SUV Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets […]
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The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors Co were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors. (Sign up to our Technology newsletter, Today’s Cache, for insights on emerging themes at the intersection of technology, […]
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Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers Newly created teams at the likes of General Motors, Volkswagen and Ford are negotiating directly with chipmakers The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over the past two […]
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Zoox’s vehicle, called VH6, has room for four passengers, with two facing each other Zoox’s vehicle, called VH6, has room for four passengers, with two facing each other Zoox, a self-driving technology firm owned by Amazon.com Inc, said on Tuesday it was gearing up to launch its robotaxi business, self-certifying that its vehicle with no […]
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Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties of New Delhi’s increased scrutiny of investments from Beijing. Chinese automaker Great Wall Motor has been planning to enter the Indian market since 2020 but now becomes one of the biggest casualties […]
Continue ReadingGeneral Motors (GM) said on Friday it had called off the sale of a shuttered Indian plant to China’s Great Wall Motor after they failed to obtain regulatory approvals, amid a tougher stance by New Delhi towards investments from Beijing. GM struck a deal in January 2020 to sell the plant to Great Wall, with […]
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