The Society of Indian Automobile Manufacturers (SIAM), pushed for localisation opportunities for vendors in the conclave it hosted on the Automotive Sourcing Conclave under the theme, “Towards Building a Resilient Supply Chain.” “There is substantial potential for domestic value addition within the country. The growth trajectory is marked by advanced automotive components and R&D in… Continue reading SIAM pushes for localisation opportunities for vendors in sourcing conclave
Author: Autocar_Professional India Online News
Auto dealers to clock 8-10% revenue growth as volume normalises: CRISIL
Automotive (auto) dealers’ revenue is likely to accelerate by 8-10% this fiscal. The major drivers will be around a 5-7% increase in sales volume, premiumisation and price hikes of 2-5% by original equipment manufacturers (OEMs). That, along with steady operating profitability and moderate debt, will keep their credit profiles stable, a CRISIL Ratings analysis of… Continue reading Auto dealers to clock 8-10% revenue growth as volume normalises: CRISIL
Uber signs MoU with West Bengal government for bus shuttle service
Uber has signed an Memorandum of Understanding (MoU) with the government of West Bengal to launch ‘Uber Shuttle’ – a bus service in Kolkata, where the ride-sharing app has proposed to invest $10 million in the state by 2025, and create 50,000 livelihood opportunities in Kolkata in five years. The MoU was signed at the… Continue reading Uber signs MoU with West Bengal government for bus shuttle service
Hyundai and University College London to collaborate on carbon-free future technologies
Hyundai Motor Company has announced that it is partnering with the world-renowned University College London (UCL) to jointly research carbon-neutral future technologies. The Korean automaker signed a memorandum of understanding (MoU) on ‘Cooperation in areas of Research and Development for Hydrogen Production, Hydrogen Fuel Cells and Electrification Technology’ with UCL at Mansion House in London… Continue reading Hyundai and University College London to collaborate on carbon-free future technologies
AVL and ISID partner to accelerate technical product development
To address current manufacturing industry challenges, Tokyo-based IT solutions provider and systems integrator Information Services International-Dentsu (ISID) and mobility technology company AVL are entirely rethinking current processes in product development. In doing so, the companies focus on the demands of both, market and customers for the end product. The emphasis is on the integration and… Continue reading AVL and ISID partner to accelerate technical product development
Euro NCAP and ANCAP sign new MoU, pave way for closer collaboration
Euro NCAP and ANCAP (Australasian New Car Assessment Program), which is Australia and New Zealand’s independent voice on vehicle safety, have signed a Memorandum of Understanding (MOU) that will cement the strong ties already in place between the two regional safety organisations and pave the way for closer collaboration in the future. Euro NCAP’s President and senior… Continue reading Euro NCAP and ANCAP sign new MoU, pave way for closer collaboration
Euro NCAP and ANCAP sign new MoU, pave way for closer collaboration
Euro NCAP and ANCAP (Australasian New Car Assessment Program), which is Australia and New Zealand’s independent voice on vehicle safety, have signed a Memorandum of Understanding (MOU) that will cement the strong ties already in place between the two regional safety organisations and pave the way for closer collaboration in the future. Euro NCAP’s President and senior… Continue reading Euro NCAP and ANCAP sign new MoU, pave way for closer collaboration
Eleven of 13 carmakers in 2023’s Top 100 Global Brands have retail presence in India
Automobile companies have, once again, stamped their dominance when it comes to global brand power. The latest 2023 Interbrand Study sees 13 vehicle manufacturers – all of them carmakers – confirm their presence in the list of the best of best global brands. The findings of the Interbrand Best Global Brands study, now in its… Continue reading Eleven of 13 carmakers in 2023’s Top 100 Global Brands have retail presence in India
TN to develop green hydrogen hub, increase installed energy capacity from 50 to 75%
Tamil Nadu is in the process of developing a green hydrogen hub, and is looking to increase its installed energy capacity from 50 to 75%, said the commerce and industries minister TRB Rajaa. Speaking at the India EV conclave that was organised by Autocar Professional and the government of Tamil Nadu, he stated that Tamil… Continue reading TN to develop green hydrogen hub, increase installed energy capacity from 50 to 75%
TN to develop green hydrogen hub, increase installed energy capacity from 50 to 75%
Tamil Nadu is in the process of developing a green hydrogen hub, and is looking to increase its installed energy capacity from 50 to 75%, said the commerce and industries minister TRB Rajaa. Speaking at the India EV conclave that was organised by Autocar Professional and the government of Tamil Nadu, he stated that Tamil… Continue reading TN to develop green hydrogen hub, increase installed energy capacity from 50 to 75%