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Tag: Auto

How can retail team-centric innovation alter fortunes of auto OEMs?, Auto News, ET Auto

14/04/2021 Christine B. Holmes

When the development of the retail Infrastructure is customer-oriented, the results will be phenomenal. — When the improvement of the retail Infrastructure is client-oriented, the effects will be phenomenal.

By Nitin Tuli

Around the previous 10 years, the Indian passenger car or truck current market has been the quickest-growing in its segment. India is envisioned to arise as the world’s third-premier passenger car or truck current market.

We have noticed that levels of competition is souring extremely quick with the entrance of new car or truck brands, new launches, linked technologies, loaded features etc. It is producing dealership retail targets all the extra hard. Hitting the targets is essential to the enterprise sustainability of the

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Car and Auto News

Certified range vs. actual, read the fine print for reality in EVs, Auto News, ET Auto

14/04/2021 Christine B. Holmes

Consumers are more interested in &quotKitna Deti Hai&quot than the technology that goes into sustainable mobility. — Individuals are far more fascinated in “Kitna Deti Hai” than the engineering that goes into sustainable mobility.

By : Thejas Saipangallu

Not too long ago the Delhi govt delisted Tata Nexon EV, the electric version of Tata Nexon motor vehicle, from the subsidy scheme for electric vehicles following grievances that the design unsuccessful to fulfill the specified assortment of 312 km on a single cost as accredited by the Automotive Investigation Affiliation of India (ARAI). The grievance also mentioned that the auto had achieved a speed of 200km on a single cost, which is way over and above the eligibility

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Seven is the next league of SUV battle, Auto News, ET Auto

14/04/2021 Christine B. Holmes

With Alcazar, Hyundai aims to further consolidate its hold on the SUV market without slicing or cannibalizing its existing portfolio. — With Alcazar, Hyundai aims to further consolidate its keep on the SUV market place devoid of slicing or cannibalizing its existing portfolio.

New Delhi: The new 7-seater SUVs are driving the market place in tune with the growing hunger of customers to shell out more and bring in improved worth. Tata Safari and MG Hector As well as are previously there.

Hyundai Alcazar is signing up for this league of even bigger SUVs that would build a market of automobiles that can have more people today devoid of pitching the pocket.

With Alcazar the South Korean automaker aims to further

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Houston Auto Auction

Two-wheeler sales fall despite demand recovery in H2 FY21, Auto News, ET Auto

14/04/2021 Christine B. Holmes

By Amit Panday

The domestic wholesales of two-wheelers declined 13.19% calendar year-on-calendar year during the Coronavirus pandemic-strike FY21 even as the desire restoration in a few out of 4 quarters last fiscal unsuccessful to lift the yearly volumes, details out the information launched by the Culture of Indian Car Manufacturers (SIAM) on April 12.

In accordance to the industry information, the two-wheeler domestic volumes were being at 15,119,387 units during FY21 in opposition to seventeen,416,432 units a calendar year in the past, which indicates that the producers missing cumulative wholesales of much more than 2 million units despite clocking YoY

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Military Auctions

Mahindra will stop production of the XUV 500, with the launch of the XUV700, Auto News, ET Auto

13/04/2021 Christine B. Holmes

The XUV500 was a runaway success when it was launched a decade back. — The XUV500 was a runaway achievements when it was introduced a ten years again.

Mahindra & Mahindra will stop generation of the XUV500, with the launch of the XUV700. Apparently the UV big unveiled the model identify of its substantially-awaited SUV, developed on the W601 platform, as the XUV700, on the working day Hyundai Motor showcased the Alcazar, its seven-seater SUV. Professionals say it really is much more to do with telling the opportunity shopper about the before long-to-be-introduced design in the exact same section. …”The shopper can weigh possibilities ahead of generating a obtaining decision,” explained a supplier who

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Automotive industry hits reverse gear with a distant recovery, Auto News, ET Auto

13/04/2021 Christine B. Holmes

The notable losers are Honda Car India, Ford Motor India, Skoda Auto and Mahindra and Mahindra. They let off their ground to Korean duo of Hyundai-Kia and other new entrants. — The noteworthy losers are Honda Auto India, Ford Motor India, Skoda Auto and Mahindra and Mahindra. They permit off their ground to Korean duo of Hyundai-Kia and other new entrants.

New Delhi: March 2021 portrays a grim picture. All the segments in the automotive planet are in the adverse. The marketplace is grappling with new issues which are further than the production woes and chip shortages. Most of the automakers are not in a situation to source plenty of of their common makes main to large waiting periods.

Passenger motor vehicle sales recovered rapid in fiscal 2020-21with a mere two.24%

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Fire-hit chipmaker Renesas says recovery could take four months, Auto News, ET Auto

01/04/2021 Christine B. Holmes

The timeframe could be extended, he admitted, if deliveries of replacement machinery are delayed. — The timeframe could be extended, he admitted, if deliveries of replacement equipment are delayed.

Tokyo: Japanese chip maker Renesas mentioned Tuesday it could take 3 to four months to restore entire capability immediately after a manufacturing facility fire that threatens to worsen a world-wide chip lack.

The fire on March 19 came with car or truck makers now battling semiconductor source problems, in portion simply because of elevated desire for chips from suppliers of laptops, tablets and gaming devices.

Renesas Electronics controls about 35 per cent of the market for automotive semiconductors and noticed 600 square metres (6,five hundred square

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Anshuman Singhania elected chairman of ATMA, Mohan Kumar is vice chairman, Auto News, ET Auto

01/04/2021 Christine B. Holmes

Mr Anshuman Singhania, Chairman ATMA

New Delhi: Anshuman Singhania, handling director, JK Tyre & Industries, and Mohan Kumar, government director, Michelin India, was unanimously elected chairman and vice-chairman respectively of Automotive Tyre Manufacturers’ Association (ATMA), according to a push assertion issued on Tuesday.

Anshuman Singhania is a graduate from Oxford Brookes College, the British isles, and an alumnus of London Enterprise Faculty.
He commenced his career from the shop floor as an apprentice and has held numerous positions in organizing, output, product or service improvement, excellent handle, shops and acquire, finance, and profits and marketing and advertising.

“Singhania played a

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Car and Auto News

Indian talent makes it big at Robert Bosch Engineering and Business Solutions, Auto News, ET Auto

01/04/2021 Christine B. Holmes

Jacob Peter, senior vice president, Bosch Engineering and Business Solutions — Jacob Peter, senior vice president, Bosch Engineering and Company Alternatives

New Delhi: India is globally recognised for its talent pool in the area of computer software advancement. This has produced the place a chief in IT and computer software offshoring. A most recent testimony to this is the CES 2021 Innovation Award gained by the Bosch eBike Procedure Nyon. It was thoroughly developed by a team of twenty associates at Robert Bosch Engineering and Company Alternatives Pvt Ltd (RBEI) Coimbatore campus.

Nyon is an intuitive and connected on-board pc for eBikes so that riders can use the eBike as a

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Escorts domestic tractor sales up 124% at 11,730 units in March, Auto News, ET Auto

01/04/2021 Christine B. Holmes

For 2020-21 fiscal, Escorts reported 23.8% growth in total sales at 1,01,848 units compared to 82,252 units in 2019-20. — For 2020-21 fiscal, Escorts claimed 23.8% growth in total revenue at 1,01,848 units as opposed to 82,252 units in 2019-twenty.

New Delhi: Farm equipment company Escorts Agri Machinery on Thursday claimed a 124.4% enhance in domestic tractor revenue at eleven,730 units in March.

The corporation experienced sold five,228 units in March 2020 when revenue were impacted by the COVID-19 lockdown and are not strictly equivalent, the corporation said in a regulatory submitting.

Escorts Agri Machinery said tractor need is anticipated to carry on to be potent led by increased rabi output, favourable crop prices, and first constructive forecast of 2021

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Houston Auto Auction

Maruti Suzuki domestic sales surge 96% to 155,417 units, FY’21 sales down 6.7%, Auto News, ET Auto

01/04/2021 Christine B. Holmes

Sales of mini cars comprising Alto and S-Presso were at 24,653 units as compared to 15,988 units in the same month last year, up 102.8% . — Income of mini automobiles comprising Alto and S-Presso were being at 24,653 models as as opposed to 15,988 models in the identical month previous yr, up 102.eight% .

New Delhi: The country’s biggest carmaker Maruti Suzuki India Ltd (MSIL) on Thursday described 96.5% expansion in its domestic gross sales at a hundred and fifty five,417 models in March.

The organization had marketed seventy nine,080 models in March previous yr, when gross sales were being afflicted by the COVID-19 outbreak and the subsequent lockdown.

“Domestic Income in March 2020 had dropped about 48% owing to the COVID-relevant disruptions. Domestic gross sales

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Military Auctions

Transport ministry proposes up to 25% concession on road tax against a vehicle scrapping certificate, Auto News, ET Auto

31/03/2021 Christine B. Holmes

Transport ministry proposes up to 25% concession on road tax against a vehicle scrapping certificate

The transport ministry has proposed a concession of 25% in highway tax for individual motor vehicles and 15% for transport motor vehicles in opposition to a scrapping certificate.

The rule, portion of the car scrapping plan, is proposed to appear into result Oct 1st this calendar year onwards.

In scenario the car is registered in opposition to submission of “Certification of car scrapping”, the concession in the motor car tax shall be upto 25 per cent, for non-transport motor vehicles and upto 15 per cent, for transport motor vehicles, the notification issued by the ministry of highway transport and highways

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RC renewal of old cars set to go up 8 times from October, Auto News, ET Auto

20/03/2021 Christine B. Holmes

An additional fee of INR 200 shall be levied if the certificate of registration is a smart card type issued or renewed in Form, the ministry added. — An further rate of INR two hundred shall be levied if the certificate of registration is a good card form issued or renewed in Form, the ministry additional.

New Delhi: The Ministry of Street Transport and Highways (MoRTH) issued a draft notification on Wednesday to hike the renewal rate of fifteen-year-aged cars. According to the ministry, renewal of registration certificates of fifteen-year aged cars will develop into high-priced from October 1, 2021. This will be relevant to all non-public cars and industrial cars.

For two-wheelers the expenses for registration renewal would be INR 1,000 compared to the existing rate of

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Car and Auto News

Classic Legends Jawa Motorcycles CMO puts in papers; national sales head takes a sabbatical, Auto News, ET Auto

20/03/2021 Christine B. Holmes

. ( Image source - Campaign India) — . ( Image supply – Marketing campaign India)

New Delhi: Following earning a successful comeback in November 2018, Basic Legends Pvt. Ltd, the maker of the Jawa manufacturer of quality bikes, is owning a management disaster as two of its top executives have exited the business.

In accordance to individuals who are mindful of the issue, Saji Abraham, main promoting officer, Basic Legends, has set in his papers and will be leaving the business on March 31, 2021.

While Tarun Sharma, who was the national product sales head of Basic Legends, is on a sabbatical and carries on to be

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Here’s what Auto Inc has to say, Auto News, ET Auto

20/03/2021 Christine B. Holmes

Private vehicles will be de-registered after 20 years if found unfit or in case of a failure to renew registration certificates. — Private automobiles will be de-registered immediately after twenty yrs if discovered unfit or in circumstance of a failure to renew registration certificates.

New Delhi: Union Minister Nitin Gadkari, on Thursday, introduced the extended-awaited car scrappage coverage in the Lok Sabha. According to the minister, procedures for physical fitness assessments and scrapping centres are to be applicable from Oct 1, 2021. But the scrapping of governing administration and PSU automobiles which are more mature than 15 yrs are to arrive into result from April 1, 2022.

The mandatory physical fitness screening for large business automobiles is to be in drive from

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Houston Auto Auction

‘Vehicle scrappage policy will send truck owner-drivers out of business’, Auto News, ET Auto

20/03/2021 Christine B. Holmes

Mittal also claimed that the policy will further increase the level of corruption in the issue of fitness certificates by the transport authorities. — Mittal also claimed that the policy will further more increase the degree of corruption in the concern of conditioning certificates by the transport authorities.

Chennai: The auto scrappage policy declared by the Central govt on Thursday will make significant number of push-cum-operator truck operators go out of organization, say, sector gamers.

According to them, there are numerous vans which are about 15 several years of age but are plying shorter distances and for govt organisations and are owned by their motorists.

“The freight fees are not rewarding for them to scrap their outdated autos and go for new autos. The

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Military Auctions

Left-hand drive markets now go for Made in India vehicles, Auto News, ET Auto

19/03/2021 Christine B. Holmes

Top carmakers such as VW, Toyota, Honda, Nissan, Hyundai and luxury makers sell between 75% to 95% of their production to LHD markets. — Major carmakers this kind of as VW, Toyota, Honda, Nissan, Hyundai and luxurious makers provide between seventy five% to 95% of their generation to LHD markets.

MUMBAI: Car or truck and business auto makers in the place are increasing their ability to make left-hand travel cars to use unutilised ability at their plants to meet up with escalating global desire for this kind of cars.

Exports to left-hand travel (LHD) markets begin to signify a big possibility for automobile firms this kind of as Nissan, Honda, Volkswagen, Tata Motors, Mahindra & Mahindra and Ashok Leyland as they are increasing to

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Newly-appointed CEO and MD Marc Llistosella not to join Tata Motors, Auto News, ET Auto

19/03/2021 Christine B. Holmes

Llistosella was most recently the president and CEO of Fuso Truck and Bus Corporation and head of Daimler Trucks in Asia. — Llistosella was most just lately the president and CEO of Fuso Truck and Bus Corporation and head of Daimler Vans in Asia.

New DELHI: Marc Llistosella who was appointed as the new main executive officer and taking care of director of Tata Motors productive from July 1, 2021 will not be becoming a member of the corporation as he is not capable to relocate to India for particular causes, N Chandershekran, Chairman, Tata Motors, claimed in a statement.

Llistosella was most just lately the president and CEO of Fuso Truck and Bus Corporation and head of Daimler Vans in Asia.

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Production incentive schemes to increase India’s manufacturing output by $520 billion, Auto News, ET Auto

06/03/2021 Christine B. Holmes

Production incentive schemes to increase India’s manufacturing output by $520 billion: PM Modi

NEW DELHI: Primary Minister Narendra Modi claimed on Friday that manufacturing-connected incentive (PLI) techniques, aimed at boosting domestic manufacturing and exports below the ‘Make in India’ and Atmanirbhar Bharat programme, are envisioned to improve India’s manufacturing output by around 50 percent a trillion dollars around the next five several years throughout sectors these kinds of as electronics, prescription drugs, vehicles and elements and part eco-system.

Addressing a webinar on PLI scheme, organised by Section of Sector and International Trade (DPIIT) and NITI Aayog, the PM claimed his federal government is consistently carrying out reforms to enhance domestic manufacturing and world

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Car and Auto News

Elon Musk loses $27 billion as historic wealth gains unravel, Auto News, ET Auto

06/03/2021 Christine B. Holmes

By Devon Pendleton

Elon Musk set documents very last 12 months for just one of the quickest streaks of prosperity accumulation in background. The reversal is underway, and it is steep.

The Tesla Inc. chief govt officer lost $27 billion considering that Monday as shares of the automaker tumbled in the selloff of tech stocks. His $156.nine billion internet value nevertheless areas him No. 2 on the Bloomberg Billionaires Index, but he’s now nearly $twenty billion at the rear of Jeff Bezos, who he topped just very last 7 days as world’s richest human being.

Musk’s tumble only underscores the

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