WAF Auto News | The Auto World This Week (26th January 2024)

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WAF THINK TANK

WAF in partnership with SIMF & AITD launch ‘Towards Safer and Inclusive Roads’ WAF

Power Network with Top Industry Leaders at WAF.bz WAF


INDIA

CCI approves JSW’s acquisition of up to 38% stake in MG Motor India livemint

Volkswagen India expects 20% growth in sales this year thehindu

Bhavish Aggarwal’s Ola targets 1 billion customers, to scale up EV 2-wheeler ride-hailing CNBC

Coal production to touch 1 billion tonne for first time: Union Minister Pralhad Joshi WAF

CESC seeks to acquire 50,000 acres land in Rajasthan, Gujarat for green energy push WAF

Govt aiming to increase scrap share in steel making to 50% by 2047 to aid green steel initiative: Scindia WAF

Bajaj Auto Vice Chairman Madhur Bajaj steps down due to health reasons WAF

Amara Raja aims to start operating giga factory before end of 2025 WAF

PV segment likely to see record 18-20% growth in FY24: Report WAF

Maruti Fronx crosses 1 lakh unit sales milestone Autocar

Ashok Leyland Secures 1,225 Bus Orders From Karnataka State Transport Undertakings car&bike

Industrial & logistics space demand hit record in 2023 at 38.8 mn sq ft in 8 cities: CBRE WAF

Reliance to commission new energy giga complex this year WAF

Ahmedabad-Mumbai bullet train project progress satisfactory, says JICA India chief WAF

State-owned IREDA Q3 profit zooms 67% to INR 335 crore; loan book at INR 50k cr WAF

TVS Motor Company Reports 68% Growth In Q3 FY2024 Profit At Rs. 593 Crore car&bike

Exide Industries Q3 results: PAT rises 2.3% YoY to INR 203 cr WAF

Only zero-emission cars can help tackle air pollution, reduce oil imports: Tata Motors WAF

Ex-Skoda India Sales Head Zac Hollis Joins VinFast As Asia Sales Director car&bike


NITIN GADKARI

Road safety topmost priority of government, says Nitin Gadkari HTAuto


ASIA

Hyundai Motor projects slower growth in 2024 on weak demand, macro uncertainty WAF

Foreign auto brands boost exports as China sales remain weak – data WAF

Tesla to kick off Cybertruck’s China tour in late Jan -media WAF

Hero MotoCorp to set up assembly plant in Nepal with partner CG Motors WAF

Exclusive: BYD’s Thai distributor to triple EV dealerships, expand commercial offerings WAF

China’s BYD launches electric cars in Indonesia, aims to be market leader WAF


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MIDDLE EAST

Riyadh’s multi-billion EV dream risks crashing into reality WAF

Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption WAF


USA

Biden vetoes law blocking EV charging stations’ ‘Buy America’ waiver WAF

Tesla CEO Musk: Chinese EV firms will ‘demolish’ rivals without trade barriers WAF

Tesla set to erase $50 billion in valuation after Musk’s sales warning WAF

Ford sees $1.7 bln hit to fourth-quarter results WAF

UAW, Fain endorse Biden, say Trump ‘stands against everything we stand for’ WAF

UAW president criticizes Trump but says union not yet endorsing Biden WAF

Android Auto to get AI support to reduce driver distraction Autocar

Waymo seeks to expand driverless service to Los Angeles WAF

US announces $325 mln to repair EV chargers, cut battery costs WAF

EPA sends vehicle emissions reduction plan to White House for review WAF


WAF & Safe India Mobility Forum present Towards Safer and Inclusive Roads


9th IVASS – KeyNote 1 Speaker – Santosh Chitapure – Sales Manager, OES India – Henkel Adhesives Technologies


EUROPE

EU top court backs Audi in trademark dispute with spare parts firm WAF

Norway’s traffic regulator says it won’t recall Tesla cars WAF

Volkswagen shares rise after “confident” message over 2024 WAF

Stellantis CEO says Italy’s hard line on incentives is hurting output WAF

In EV catch-up race, legacy automakers hitch a lift with Formula E WAF

Battery maker Northvolt looks at sourcing cobalt from Congo WAF

Stellantis will avoid brutal price cuts, CEO says WAF

EU December car sales down 3.3% y/y as German market slows -ACEA WAF

BMW taps humanoid startup Figure to take on Tesla’s robot WAF


LATIN AMERICA

GM to invest $1.4 billion in Brazil by 2028 WAF

Carmaker Audi’s Mexico union workers strike over wage increase WAF

Stellantis buys Brazil’s DPaschoal in another components push in Latam WAF


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