Autocar_Professional India Online News – Page 1281

India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

Five days into September, the Federation of Automobile Dealers Associations of India (FADA) has released the retail sales numbers for August 2023. The combined sales of 18,18,647 units across the two- and three-wheeler, passenger and commercial vehicle, and tractor segments, constitute an 8.63% year-on-year increase (August 2022: 16,74,162 units). Month-on-month growth is 2.74% (July 2023:… Continue reading India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

India Auto Inc’s August retails up 9% at 1.81 million vehicles, growth comes to all segments

Denso targets 6.3-billion-euro sales in electrification products by FY2025

Japanese component and technology major Denso, which is celebrating its 50th year in Europe, is among the many global auto majors at the IAA Mobility 2023 trade fair, which opens today in Munich and goes on till September 8. Speaking at a press conference yesterday, Shinnosuke Hayashi, President and COO of Denso Corporation, said: “Europe… Continue reading Denso targets 6.3-billion-euro sales in electrification products by FY2025

Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Hero MotoCorp has announced plans to subscribe to a rights issue of Bengaluru-based electric scooter manufacturer Ather Energy. Hero MotoCorp, an existing shareholder of Ather Energy, currently has a 33.1% equity stake in the EV maker and will invest up to Rs 550 crore. With this fresh investment in the EV OEM’s Series E2 Compulsory… Continue reading Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Hero MotoCorp to invest Rs 550 crore more in Ather Energy

Kia to unveil hydrogen light tactical concept vehicle at European defence expo

Kia is participating in the MSPO 2023 defence industry exhibition, which opens at the Kielce Exhibition Center in Poland today and continues till September 8. Now in its 30th year, the MSPO defense expo is the largest international defence industry exhibition in Europe. This year, Kia will unveil the ‘Hydrogen ATV (Hydrogen-powered Light Tactical Vehicle) Concept… Continue reading Kia to unveil hydrogen light tactical concept vehicle at European defence expo

Continental connects with Google Cloud to deliver generative AI in cars

Continental announced a partnership with Google Cloud during its press conference today at the IAA Mobility 2023 in Munich. Together, the two companies are equipping cars with generative Artificial Intelligence (AI), making Continental one of the first automotive suppliers to integrate Google Cloud capabilities directly into vehicle computers. With this, drivers can interact with their… Continue reading Continental connects with Google Cloud to deliver generative AI in cars

LG Magna e-Powertrain expands footprint with new plant in Hungary to cater to European EV market

LG Magna e-Powertrain, the joint venture between LG Electronics and Magna formed in 2021, announced at IAA Mobility 2023 today that it is expanding its footprint with a new facility in Miskolc, Hungary. The facility will be in Miskolc’s industrial area which features well-developed infrastructure and is strategically located near OEM customers and other Magna… Continue reading LG Magna e-Powertrain expands footprint with new plant in Hungary to cater to European EV market

LG Magna e-Powertrain expands footprint with new plant in Hungary to cater to European EV market

Hyundai Venue now features ADAS technology, priced from Rs 10.33 lakh

Hyundai has heavily updated the Venue and Venue N Line SUVs by introducing a new gearbox for the 1.0-litre turbo-petrol engine as well as ADAS. This makes it the first sub-compact SUV to feature driver assistance systems. Here’s a break-up of the prices of the Venue and Venue N Line: Hyundai Venue: now with ADASHyundai has introduced its… Continue reading Hyundai Venue now features ADAS technology, priced from Rs 10.33 lakh