FADA on Wednesday announced the appointment of C S Vigneshwar as its President for 2024-26 period. The Federation of Automobile Dealers Associations (FADA) announced on Wednesday the appointment of C S Vigneshwar as its President for the 2024-26 period. The decision was made during the 315th Governing Council Meeting, held immediately after the 60th annual… Continue reading C S Vigneshwar appointed FADA President
Author: Economic Times of India Online News
UP int’l trade show set to have EV zone
This state govt initiative aims to promote electric mobility and raise awareness about road safety. The transport department will set up an EV zone at the upcoming UP International Trade Show, which will be held in Greater Noida’s Expo Mart from Sept 21 to 25. A total of 11 dealers have agreed to participate and… Continue reading UP int’l trade show set to have EV zone
No highway fee up to 20km for vehicles with GNSS
Nitin Gadkari had said that a pilot study with regard to a GNSS-based user fee collection system has been done . Motorists using vehicles with a functional global navigation satellite system (GNSS) will be allowed to travel toll-free on highways and expressways up to 20 kilometres daily with effect from Tuesday, according to a government… Continue reading No highway fee up to 20km for vehicles with GNSS
Automobile market to see growth of 15% during festive season: Nuvama report
Automobile market to see growth of 15% during festive season: Nuvama report New Delhi: The Indian automobile market will experience a significant surge of over 15% during the upcoming festive season, particularly in the two-wheeler (2W) segment said a research report by Nuvama Wealth Investment Limited. The growth is anticipated by the increased enquiries and… Continue reading Automobile market to see growth of 15% during festive season: Nuvama report
China proposes negotiations with EU to resolve EV tariff dispute
China has offered to engage in talks with the European Commission. China has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles. During a meeting with the European Commission’s director general for trade in Brussels on Monday, Vice… Continue reading China proposes negotiations with EU to resolve EV tariff dispute
Volkswagen scraps decades-old job guarantees, paving way for lay-offs
Volkswagen plans to cancel job guarantees at six German plants from June 2025. Volkswagen said on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, raising the prospect of redundancies from next year that worker representatives have vowed to resist. Europe’s top carmaker is… Continue reading Volkswagen scraps decades-old job guarantees, paving way for lay-offs
Tamil Nadu state government holds talks with Ford in the US
MK Stalin met with Ford officials to discuss the future of their closed plant in Maraimalai Nagar. Tamil Nadu Chief Minister MK Stalin on Wednesday said he had met with Ford officials to discuss the future of their shuttered plant in Maraimalai Nagar near Chennai. “Had a very engaging discussion with the team from Ford… Continue reading Tamil Nadu state government holds talks with Ford in the US
Rupee to take support from dollar’s decline, likely inflows
The dollar index dipped 0.2% to below 101.50 while Asian currencies advanced. The Indian rupee is likely to open slightly higher on Wednesday, helped by a decline in the dollar amid focus on the U.S. presidential debate and inflation data. The 1-month non-deliverable forward indicated the rupee will open at 83.96 to the U.S. dollar… Continue reading Rupee to take support from dollar’s decline, likely inflows
SIAM appoints Shailesh Chandra as its new president
Updated On Sep 11, 2024 at 08:36 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Shailesh Chandra Shailesh Chandra, Managing Director of Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd, has been elected as the new President of the Society of Indian Automobile Manufacturers (SIAM) for the term… Continue reading SIAM appoints Shailesh Chandra as its new president
98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery: Study
A study by Sustainability Mobility Network reveals that 98.1% of Bengaluru respondents find EV transition crucial. For 98.1 per cent of respondents from Bengaluru, EV transition of fleets by companies is ‘very important’ to ‘somewhat important’ in reducing air pollution and emissions, according to a study released by Sustainability Mobility Network (SMN) on Monday. The… Continue reading 98.1% Bengaluru respondents push for EV transition of fleets for last mile delivery: Study