production

Escorts Kubota plans to invest up to INR 4,500 cr in new plant over next 3-4 years

At present, the company has a total annual tractor production capacity of 1.7 lakh units. The main p...

auto | 5 months ago

Xiaomi moves ahead with Tesla-like SUV as first EV hits goals

Xiaomi’s SU7 series received close to 90,000 confirmed orders as of the end of April — about a month...

auto | 5 months ago

India only nation among top 5 to see growth in steel production

The country has seen an 8.5% growth in production between Jan-Apr this year, having produced 49.5 mi...

auto | 4 months ago

Car dealers may end up with 400K unit inventory as demand cools off

Automakers are expected to end May with wholesales or factory despatches to dealers of 340,000-350,0...

auto | 4 months ago

NMDC reports 37% drop in iron ore production in May 2024

Under the Ministry of Steel, Hyderabad-based NMDC caters to India's around 20% demand for the key st...

auto | 4 months ago

Japan's Honda to close China plant, halt production at another factory

Honda and Nissan Motor are among Japanese brands for which China was a historically strong market bu...

auto | 2 months ago

Oil’s hot summer is ending, posing risks for majors and OPEC+

Oil prices are declining.After a strong start to the summer, the outlook for oil prices is unravelli...

auto | 1 month ago

Volkswagen's Audi: no new project found yet for threatened Brussels plant

Volkswagen, which is no longer ruling out plant closures in Germany as part of a cost-cutting drive....

auto | 1 month ago