Industry Bulletin

  • Mahindra & Mahindra Ltd, India’s largest utility vehicle maker, is close to buying debt-laden Italian car designer Pininfarina SpA, as per a report in Bloomberg. The deal between the two companies, ...
  • 2015/09/09
    Ride-hailing apps are scrambling to grab market share as demographics shift and smartphones proliferate. The map above shows where already dominates — and where Uber is the Lyft to someone else’s ...
  • German Chancellor Angela Merkel said Monday the record refugee influx to Europe's biggest economy will change the country, which was now seen by many abroad as a place of "hope". "What ...
  • Wirelessly updating a car’s software can fix bugs, improve performance, and boost automakers’ bottom lines, an IHS report says. Automakers are starting to act like tech firms—and that’ ...
  • Tokyo-based Hitachi Limited has revealed plans to expand its wind turbine components manufacturing business. The company is planning to set up a production line for offshore wind turbine nacelles — ...
  • Saudi Arabia, the world’s biggest oil exporter, is keen to start harvesting electricity from another resource it has in abundance: sunshine. A robust patent portfolio attracted Riyadh Valley Company, ...
  • As rumors persist of an Apple car project and Google continues to test its own self-driving cars, Sony may become the latest non-traditional corporate entity to dabble in the car business. The Japanese ...
  • The Asia-Pacific Region continues to move toward renewable energy, with China leading the way and becoming a major global player. These are some of the conclusions from GlobalData’s Asia-Pacific ...
  • 2015/09/08
    Uber — the app-based, on-demand transportation service — has been on has been on a fundraising tear as it expands globally in the face of major competition. China is the company’s ...
  • Monthly U.S. auto sales are expected to fall for the first time in 19 months in August, but analysts say it’s a blip caused by a later-than-usual Labor Day rather than a softening of consumer demand. Stil ...
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