GM Can ‘Absolutely’ Catch Tesla in EV Sales by 2025, Says CEO Mary Barra

After years of Tesla dominating sales of EVs in the U.S., its market share is waning.

Bajaj Auto To Set Up New Captive Vehicle Finance Company

This is the 2nd new company being formed by the company after the proposal to hive off the electric vehicle business unit and place it under a new company.

Tesla’s China Output Halted for Days in August on Chip Shortage

Tesla Inc temporarily halted some operations at its Shanghai factory as the global shortage of semiconductors hit the electric car maker.

BMW to Reduce Carbon Emissions in Car Life Cycle 40% by 2030

BMW plans to reduce carbon emissions across the life cycle of its vehicles at least 40% from 2019 levels by 2030.

Gaia GPS Headed to Google’s Android Auto In-Vehicle Operating System

Gaia GPS is launching compatibility with Android Auto, Google’s in-vehicle operating system. The partnership lets users access Gaia GPS map.

Chinese Ride Hailing Rivals Look To Take Advantage Of Didi’s Troubles

Didi’s rivals are trying to eat away at the company’s market share as it faces a crackdown from regulators.

Maruti Suzuki Launches Online Car Financing Platform Smart Finance

The digital platform is a one-stop online finance portal that allows customers to choose a finance partner, select the right loan product, complete all finance-related formalities and get loans online.

Auto Sector Rebounds! PV Retail Sales Jump 43% Over Strong Pent-up Demand in June

Overall, the total vehicle sales for June rose 22.62% YoY, primarily on a low base. Retails are still down by -28.32% when compared to June 2019.