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Auto Parts Localisation: Auto industry to invest USD 7 bn in 5 years to deepen parts localisation, ET Auto

Auto Parts Localisation: The Indian auto industry is set to invest up to USD 7 billion by FY28 to deepen localisation of advanced components, including electric motors and automatic transmissions, to reduce imports and capitalize on multinationals China Plus One sourcing strategy. The Automotive Component Manufacturers Association (ACMA) reports that automakers and suppliers are likely to make this investment between FY24 and FY28. ....

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Insider Sell: Niekerk Van Sells 6,241 Shares of Allison Transmission Holdings Inc (ALSN)

Allison Transmission Holdings Inc (NYSE:ALSN), a global provider of commercial-duty automatic transmissions and hybrid-propulsion systems, has reported an insider sell according to a recent SEC filing. ....

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Is ADAS creating a new crop of incompetent drivers?

BHPian Bit recently shared this with other enthusiasts.With ADAS and automation getting traction with each new model, there is (and will be) an entire generation of drivers who learned to drive on ADAS-enabled vehicles only, thus relying solely on tech for even crucial functions such as emergency braking and 360 viewing. ....

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