Volkswagen ‘New Auto’ strategy predicts near 100 per cent EV sales by 2040

The Volkswagen Group has announced a new business plan called New Auto, which will see the firm through to 2030.

The plan mainly focuses on how the group will balance the mix between battery electric vehicles and internal combustion powered cars over the next decade. The VW Group says that the internal combustion engine market will shrink by more than 20 percent over the next decade, with EVs expected to overtake ICEs as the leading technology as they reach price parity. 

Volkswagen Group says that electric cars will account for around 50 percent of its sales by 2030, and will

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Audi India expects EV sales volume to reach 15% by 2025, Auto News, ET Auto

On Thursday, the automaker made its debut in the EV segment with the launch of three electric SUVs under its e-tron range- Audi e-tron 50 (INR 99.99 lakh), e-tron 55 (INR 1.16 cr), and Sportback e-tron 55 (INR 1.18 cr), all prices ex-showroom.
On Thursday, the automaker produced its debut in the EV section with the launch of a few electric SUVs underneath its e-tron selection- Audi e-tron fifty (INR 99.99 lakh), e-tron 55 (INR one.16 cr), and Sportback e-tron 55 (INR one.eighteen cr), all rates ex-showroom.

New Delhi: German luxury motor vehicle maker Audi is betting significant on electric mobility in India and expects its EV sales volumes to attain 15% of its total sales by 2025. “This is the bare bare minimum. We will continue on to carry additional EV items to the nation. If anything goes on track, it will

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After covid, luxury cars lead the list of new launches in India in 2020; most of them are SUVs, Auto News, ET Auto

More than 70 new luxury vehicles, including brand new vehicles, facelifts and new variants, are set to be launched this year. Industry experts expect the luxury car market to record sales of 28,000 to 33,000 units in 2021, up from 20,000-21,000 last year.
A lot more than 70 new luxury cars, such as brand new cars, facelifts and new variants, are set to be launched this 12 months. Industry experts hope the luxury auto industry to record product sales of 28,000 to 33,000 units in 2021, up from 20,000-21,000 previous 12 months.

By Anirban Ghosh

New Delhi: Given that the Covid-19 pandemic strike the planet, luxury automobiles took precedence amid the new launches in India. Out of the complete 18 new introductions on the industry in 2020-21, 13 have been luxury automobiles such as ten SUVs. Even luxury carmakers desired SUVs to sedans.

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Will the marginal corrections in commodity prices help automakers?, Auto News, ET Auto

New Delhi: The cost of manufacturing a auto in the past 12 months has elevated substantially simply because of the rising selling prices of commodities, but some of them are demonstrating indicators of tapering off.

However selling prices of a handful of uncooked products have begun to slide, sector industry experts are skeptical about any significant transform in the problem in the coming months.

Rates of copper, generally utilized as a gauge of world economic wellbeing, slid in June and traded underneath USD nine,one hundred/tonne as China steps to interesting off rising selling prices and more robust dollar. In a

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Sonalika invests INR 200 cr in HP to set up plant to produce Combine Harvesters, Auto News, ET Auto

Sonalika invests INR 200 cr in HP to set up plant to produce Combine HarvestersNew Delhi: Sonalika Team on Tuesday said that it is investing INR two hundred crore to established up a new large-tech facility at Amb, Himachal Pradesh, to produce innovative high quality Blend harvesters.

The new plant unfold across 29 acres is built with a multi-phase CED (Cathode Electric Deposition) paint course of action, usually noticed only at motor vehicle producing services. Recognized with an financial commitment of Rs 18 crore, the CED paint course of action includes a 14-phase treatment course of action that makes certain rust-absolutely free and more time period of time of harvester overall performance, Sonalika said

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Maruti Suzuki retains lead; Seltos, Sonet, Venue go off list, Auto News, ET Auto

Top 10 PVs in June: Maruti Suzuki retains lead Seltos, Sonet, Venue go off listNew Delhi: Country’s premier motor vehicle maker Maruti Suzuki India Confined (MSIL) retained its direct position in the Top ten list of the finest marketing passenger cars in June 2021 with eight out of 10 types, which include WagonR, Swift, Baleno, Vitara Brezza, Dzire, Alto, Ertiga and Eeco.

The company’s leading gainer was the WagonR which was out of the Top ten list in May possibly 2021 with two,086 units. Having said that, the design excelled with a sharp thirty day period-on-thirty day period soar of 832% to 19,447 units in June. In April as well, the WagonR occupied the

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Hero MotoCorp continues dominance; scooters do better, Auto News, ET Auto

Splendor outsold HF Deluxe by almost twice the number of bikes sold with 226,631 units, registering a growth of 169.6 % from May 2021 and taking the top spot in the table. HF Deluxe came second and sold 110,724 units which is 162.8% growth from May.
Splendor outsold HF Deluxe by just about 2 times the variety of bikes marketed with 226,631 models, registering a growth of 169.six % from Could 2021 and using the top place in the table. HF Deluxe came 2nd and marketed 110,724 models which is 162.eight% growth from Could.

By Anirban Ghosh

New Delhi: Hero MotoCorp retained the guide posture in the product sales graph for June dominated by its types Splendor and HF Deluxe. Even so, Splendor outsold HF Deluxe by just about 2 times the variety of bikes marketed with 226,631 models, registering a growth of 169.six % from

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Meru may explore merger with Mahindra group company, Auto News, ET Auto

Meru’s investors, private equity fund True North, and its promoters Neeraj Gupta and Farhat Gupta, have exited the business, after selling their stakes to M&M.
Meru’s buyers, private equity fund Real North, and its promoters Neeraj Gupta and Farhat Gupta, have exited the company, after promoting their stakes to M&M.

Mahindra & Mahindra may possibly merge Meru with a group corporation – most probable Mahindra Logistics – to usher in operational synergies and efficiencies next its complete acquisition of the radio taxi fleet operator, two folks acquainted with the make a difference reported.

The synergies with the logistics arm could be multi-faceted, because Mahindra Logistics is in the company of provide chain and business mobility, which contains assorted business verticals these as client goods, e

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Hyundai Motors keen to set up facility in Haryana, Auto News, ET Auto

Hyundai Motors keen to set up facility in HaryanaChandigarh: Haryana Main Minister Manohar Lal Khattar named on Hyundai Motors India Managing Director Seon Seob Kim in this article on Thursday. Throughout the assembly, he was invited by the enterprise to inaugurate its recently-proven India headquarters in Gurugram.

Keeping the future in mind, the enterprise also expressed its desire to set up a new condition-of-the-art facility in the condition.

Khattar has acknowledged the invitation of the enterprise, stating that quickly a time will be provided to the business in this regard.

The Main Minister explained to the Hyundai Motors India official that Haryana is a rapid developing condition in

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GP Petroleum defers plans to build a new plant in Gujarat, Auto News, ET Auto

Prashanth Achar, CEO, GP Petroleums Limited
Prashanth Achar, CEO, GP Petroleums Restricted

New Delhi: GP Petroleums Ltd, maker and marketer of motor oil brand names Ipol and Repsol, has deferred plans for a new plant in Gujarat because of to the unstable current market ailments and slipping demand from customers, Prashanth Achar, CEO, GP Petroleums Restricted, informed ETAuto in an unique job interview.

“Last 12 months, we introduced the environment up of a new plant. But in the most up-to-date board assembly held 15 times back we made a decision to delay this because the current ailments will not get in touch with for it,” Achar

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Companies see sequential drop in revenue, margins, Auto News, ET Auto

New Delhi: Car marketplace, which has been in the limelight due to the fact the outbreak of the Coronavirus pandemic, will kick-off economical yr 2022 on a powerful be aware, as lots of analysts count on development in leading line yr-on-yr (YoY) across the sector because of to the very low foundation.

Meanwhile, the profitability is envisioned to be weaker by 50-900 bps on quarter-to-quarter (Q-o-Q) foundation because of to a sustained rise in enter costs and detrimental operating leverage. In accordance to analysts this should really be partly offset by cost preserving initiatives and price tag hikes.

The brokerage

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Porsche unveils next-generation PCM infotainment system with Android Auto

Porsche has discovered a new generation of its PCM infotainment procedure, referred to as Porsche Communication Administration 6.. 

The upgrade introduces a variety of new on-line attributes, a new-appear menu design and style and an current variation of the Porsche Link smartphone app. Android Auto integration is also now extensively offered in Porsche versions for the 1st time. 

A fundamental variation of the 6. procedure can now be identified in the pure-electric powered Porsche Taycan, but now the firm has introduced the new infotainment technology as a typical fixture on the 911, Cayenne and Panamera. Taycan motorists will also obtain

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Road-ready electric 3-wheelers to be the future of last-mile goods delivery in India, Auto News, ET Auto

The increased demand of last-mile connectivity for delivery of goods is naturally pushing the growth of 3-wheeler (3W) goods vehicles.
The increased desire of very last-mile connectivity for delivery of merchandise is in a natural way pushing the advancement of three-wheeler (3W) merchandise vehicles.

By Amitabh Saran

Indian clients are acquiring more and more products and solutions from the ease and comfort of their households, in particular from on-line e-commerce web pages. This has led to the exponential advancement of the desire for very last-mile delivery ecosystems. E-commerce is anticipated to soar seventy eight% globally by 2030, according to a Globe Economic Discussion board report. The quantity of delivery vehicles in the prime a hundred cities in the world will

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Niche supplier Rajratan Global Wire bullish on expansion; profit up by 60% in FY21, Auto News, ET Auto

Niche supplier Rajratan Global Wire bullish on expansion profit up by 60% in FY21New Delhi: Rajratan Global Wire Ltd, one particular of the main three bead wire and metal wire suppliers for automotive tyres in India, is investing INR 250 crore for ability enlargement in the up coming three years.

The corporation has two production amenities, one particular each and every at Pithampur (Madhya Pradesh, India) and at Ratchaburi in Thailand. It is environment up a new plant in Chennai and growing the ability of the plant in Thailand.

We will be attaining land for our third plant in Chennai with a ability of sixty,000 tonnes, exactly where we intention to devote about

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Will electric mobility be a harbinger of economic prosperity?, Auto News, ET Auto

Almost all car manufacturing companies in India have announced their plans for electric vehicle foray.
Just about all car or truck manufacturing businesses in India have introduced their strategies for electric auto foray.

By Ravinder Singh


In 1957, the Hindustan Ambassador rolled off the lines, generating it the 1st car or truck to be produced in India. It was based mostly on the Morris Oxford from the Uk, and carried with it a robust, muscular presence. Sixty-5 yrs afterwards, the Indian automobile market soon after various evolutions is at the threshold of the long term of mobility – electric vehicles.

Just about all car or truck manufacturing businesses in India have introduced their strategies for

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Ashok Leyland aims to up LCV export basket, plans new launches on Phoenix platform, Auto News, ET Auto

LCVs have been very resilient to the double jolts of Covid-19, and contributed to over 50 pc of Ashok Leyland's total annual vehicle sales in FY21 compared to 28 pc in FY19.
LCVs have been extremely resilient to the double jolts of Covid-19, and contributed to above 50 pc of Ashok Leyland’s whole yearly auto profits in FY21 in contrast to 28 pc in FY19.

New Delhi: Ashok Leyland Ltd, India’s next largest business auto maker, will develop its export basket of mild business motor vehicles (LCV) in the around time period on the energy of the new solution launches on its Phoenix platform, a senior enterprise government explained.

“The Phoenix platform, within just the assortment it operates, will throw up a lot more and a lot more variants within just the

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LMC Automotive trims 2021 ASEAN light vehicle sales projection despite strong YoY growth in April, Auto News, ET Auto

Interestingly, in April 2021 ASEAN region which comprises Indonesia, Thailand, Malaysia, Philippines, Singapore, Vietnam and Brunei witnessed a jump of 388% year‐on‐year (YoY) in its LV sales. However, the huge growth was flattered by the low base in April last year, when the market recorded sales of just 50,387 units as every country in the region was under some form of lockdown, which dampened economic activity and disrupted LV demand.
Curiously, in April 2021 ASEAN area which includes Indonesia, Thailand, Malaysia, Philippines, Singapore, Vietnam and Brunei witnessed a leap of 388% year‐on‐year (YoY) in its LV gross sales. Nevertheless, the huge development was flattered by the small foundation in April last yr, when the marketplace recorded gross sales of just fifty,387 models as every country in the area was less than some form of lockdown, which dampened financial activity and disrupted LV need.

New Delhi: Numerous countries across the globe are reeling less than the strain of the Covid-19 pandemic and lockdowns. National economies and companies are counting prices and

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Tesla to ‘recall’ over 285,000 cars in China due to faulty software, Auto News, ET Auto

&quotDue to issues with the cruise control system the driver can easily activate the cruise control function by mistake,&quot the State Administration of Market Regulation agency said in the notice. &quotA sudden increase in vehicle speed will occur, which could... in extreme cases, cause a collision, posing safety hazards.&quot
“Due to problems with the cruise management procedure the driver can effortlessly activate the cruise management function by mistake,” the State Administration of Sector Regulation company reported in the notice. “A unexpected improve in car or truck velocity will take place, which could… in serious scenarios, lead to a collision, posing protection dangers.”

BEIJING: Electrical vehicle giant Tesla will “remember” around 285,000 cars from the Chinese current market soon after an investigation uncovered problems with its assisted driving application that could lead to road collisions, a government regulator introduced late Friday.

Tesla would speak to affected customers to up grade

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A mostly outdoor Detroit Auto Show in 2022 | Car News

The final Detroit Automobile Present (North American Intercontinental Automobile Present formally) took area way, way back again in January 2019. At the time, organizers declared that the occasion was transferring to June of the subsequent calendar year. There were being quite a few excellent causes for that conclusion, but a single of them was obviously not the coming pandemic. A display that could have been held in January 2020 beneath the outdated calendar only could not go on in June, in the center of the pandemic that turned 2020 on its head.

That stated, occasion organizers experienced previously declared in

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