cars

A Total Of Zero New Cars Were Sold In India Last Month

The coronavirus pandemic’s hurting the industry real bad.

The new coronavirus pandemic has been a menace to the world ever since the disease started to spread early this year. As of date, there are 3.34-million tallied cars worldwide, resulting in around 240,000 casualties.

With strict lockdowns and preventive measures in place, mobility is absent and businesses have been hampered. One of the biggest industries that are getting pummeled is the automotive industry, of course. With a drastic drop in demand, as well as the complete closure of dealerships, auto sales have been taking a hard hit. That’s the exact case that has been happening in India.

India’s Business Today reported that the country sold zero passenger cars for the month of April. Yes, that isn’t a typo – India’s $120 billion automotive industry registered zero sales last month amid lockdowns and astringent measures to curb the spread of coronavirus,

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Semiconductor-based electronics make up 40% of a car’s cost

27 February 2020, Bavaria, Regensburg: A Continental employee checks a circuit board for a vehicle control unit in the electronics production department at the Continental plant. (Photo by Armin Weigel/picture alliance via Getty Images)

 

A new white paper from consulting firm Deloitte on the semiconductor industry puts hard numbers to the cost of semiconductors and electronics in the automotive industry. Any auto enthusiast could have correctly guessed the trend based on the annual list of new tech features showing up in entry-level and flagship offerings. The marquee number is likely still a surprise: as summarized by Car and Driver, the paper notes that as of 2017, electronics systems powered by semiconductor-based chips comprised 40% of the cost of a new car. That was up from 18% in 2000, 20% in 2007, and is projected to reach 45% come 2030. The cost of the base semiconductors that enable the systems

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