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EV prices to match petrol-diesel counterparts throughout the subsequent…The Union Minister for Street Transport and Highways moreover spoke about growing battery manufacturing in India and develop… Chevrolet’s Corvette plant in Bowling Inexperienced, Kentucky, shall be seeing each week of downtime following the vicious tornadoes that swept through the USA over the weekend. With twisters populating Southern and Midwestern states, Kentucky turned ground zero from a couple of of essentially the most devastating local weather seen all 12 months. Automaker Maruti Suzuki knowledgeable inventory exchanges that it has decided to hike costs of its automobiles from January 2022 due to rise…

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Indeed, quite a few issues interfering with the provision chain and production processes have led to a shortage of these important supplies. Meanwhile, the growing complexity of modern automobiles only worsens the impression of this shortage, as most new vehicles require an ever-growing variety of semiconductor chips. While the automotive market continued to enhance overall, bearish pressure on certain steel costs like hot-dipped galvanized metal, ultimately forced the index down. Experts anticipate this bearish strain Auto News to proceed impacting each steel costs and automotive manufacturing in the brief term. Despite this, the automotive market, in general, witnessed a welcome…