When Honda came to a standstill: On Wednesday, Honda plants in Brazil and India had to halt operations as the Japanese carmaker battled to recover from a cyberattack that affected several factories worldwide. The cyberattack targeted Honda’s internal servers and spread a virus through the company’s systems. Honda, now, believes that the hackers may have used tools that are favoured by countries.
When Tesla piped Toyota … almost: Tesla Inc’s stock jumped above $1,000 a share on Wednesday after Chief Executive Elon Musk told his staff it was time to bring the Tesla Semi commercial truck to “volume production.” Tesla’s shares rose about 6% after Musk’s email, making the Silicon Valley company the second-most valuable automaker in the world, behind Japan’s Toyota Motor Corp.
Mahindra in a spot of bother: Mahindra & Mahindra (M&M) on Friday reported a consolidated loss of Rs 3,255.02 crore for the January-March quarter, and said it may consider giving up control of its loss-making Korean arm SsangYong Motor Company besides selling its electric two-wheeler company in the US.
BMW’s power of 6: BMW India on Thursday launched the third-generation X6 in xLine and M Sport variants at Rs 95 lakh (ex-showroom). An Audi Q7 and Porsche Cayenne Coupe-rival, BMW’s dynamic 6 series SUV comes via CBU route.
Check your Honda car: Honda Cars India on Friday recalled 65,651 units of models like Amaze, City and Jazz to voluntarily replace faulty fuel pumps. The fuel pumps installed in these 2018 manufactured vehicles may contain defective impellers, which could over time result in engine stopping or not starting. The company is recalling 32,498 units of Amaze, 16,434 units of City, 7,500 units of Jazz, 7,057 units of WR-V, 1,622 units of BR-V, 360 units of Brio and 180 units of CR-V.
Tata Motors’ JTP venture concludes:Tata Motors on Saturday said it is buying out its partner Jayem Automotives in their joint venture JT Special Vehicles Pvt Ltd. It was formed in 2017 as a 50:50 joint venture between Tata Motors and Coimbatore-based Jayem Automotives to develop high-performance versions of Tata passenger cars under the JTP brand. “In light of this ongoing scenario, both Tata Motors and Jayem Automotives found it prudent to discontinue this venture,” it noted.
Triumph’s double delight: Triumph Motorcycles on Friday launched the all-new Black Editions of Bonneville T100 and T120 at Rs 8.87 lakh (ex-showroom) and Rs 9.98 lakh (ex-showroom) respectively.
Maruti Suzuki Celerio CNG upgraded to BS6: Maruti Suzuki on Friday rolled out the BS6-complaint S-CNG variant of Celerio, starting at Rs 5,36,800 (ex-showroom-Delhi). The car is available in three trims Tour H2, VXI and VXI(O), priced between Rs 5,36,800 and Rs 5,60,900 (ex-showroom).