Kia reveals five ‘Platform Beyond Vehicles’ concepts at CES 2024

Kia has returned to the world’s leading electronics show CES after a five-year hiatus and with a bang. The Korean carmaker has revealed its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas. Kia’s PBV business will initially be based around the introduction of an all-new, modular vehicle,… Continue reading Kia reveals five ‘Platform Beyond Vehicles’ concepts at CES 2024

Kia reveals five ‘Platform Beyond Vehicles’ concepts at CES 2024

Kia has returned to the world’s leading electronics show CES after a five-year hiatus and with a bang. The Korean carmaker has revealed its Platform Beyond Vehicle (PBV) future strategy at the 2024 Consumer Electronics Show (CES) in Las Vegas. Kia’s PBV business will initially be based around the introduction of an all-new, modular vehicle,… Continue reading Kia reveals five ‘Platform Beyond Vehicles’ concepts at CES 2024

Volkswagen integrates ChatGPT into its cars, global premiere at CES 2024

At CES 2024, the world’s leading electronics trade fair underway from January 9-12 in Las Vegas, Volkswagen is having the world premiere of the first vehicles in which the artificial-intelligence-based chatbot ChatGPT is integrated into its IDA voice assistant. In future, customers will have seamless access to the constantly growing artificial intelligence database in all… Continue reading Volkswagen integrates ChatGPT into its cars, global premiere at CES 2024

Royal Enfield sells 822,295 bikes in CY2023, rides towards more in FY2024

Chennai-based midsize motorcycle market leader Royal Enfield, which yesterday signed an MoU with the Tamil Nadu government to invest Rs 3,000 crore in brownfield and greenfield projects for electric and ICE models, has sold 822,295 bikes in CY2023 in the domestic market. While this total constitutes a 17% year-on-year increase over CY2022’s 703,156 units, it… Continue reading Royal Enfield sells 822,295 bikes in CY2023, rides towards more in FY2024

Bajaj Auto approves Rs 4,000 crore share buyback at Rs 10,000 apiece

Bajaj Auto on 8 January approved a Rs 4,000 crore share buyback at Rs 10,000 apiece.  “We wish to inform that the Board of Directors of the Company at its meeting held today, i.e., Monday, 08 January 2024, has approved the proposal for buy-back of up to 4,000,000 fully paid-up Equity Shares of face value… Continue reading Bajaj Auto approves Rs 4,000 crore share buyback at Rs 10,000 apiece

Saint-Gobain India signs MoU to invest Rs 3,400 crore in Tamil Nadu

Saint-Gobain India signed an MoU with the Tamil Nadu Government for investment to the tune of Rs 3,400 crore in the state. The MoU entails a series of green and brownfield investments in several manufacturing sectors in Tamil Nadu, taking Saint-Gobain India’s total investment in Tamil Nadu to over Rs 8,000 crore. Saint-Gobain India was… Continue reading Saint-Gobain India signs MoU to invest Rs 3,400 crore in Tamil Nadu

TAFE signs MoU with Tamil Nadu Government for Rs 500 crore

Tractors and Farm Equipment Limited (TAFE), signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu at the Tamil Nadu Global Investors Meet 2024.  Tractors and Farm Equipment Limited proposes to expand its Farm Equipment Division to produce an advanced range of farm equipment for a wide variety of crops ideally suited for… Continue reading TAFE signs MoU with Tamil Nadu Government for Rs 500 crore

JLR Q3 wholesales up 27% at 101,043 units

JLR, a wholly-owned subsidiary of Tata Motors today reported increased sales volumes for the third quarter of FY24 (three-month period to 31 December 2023), reflecting improvements in supply as more vehicles were delivered to clients. Wholesale volumes in the period were 101,043 units (excluding the Chery Jaguar Land Rover China JV), up 27% compared to… Continue reading JLR Q3 wholesales up 27% at 101,043 units

TAFE to set up design and development centre in Tamil Nadu

Tractors and Farm Equipment Ltd (TAFE) has signed an MoU with the government of Tamil Nadu at the Tamil Nadu Global Investors Meet 2024 today. TAFE plans to expand its Farm Equipment Division to produce an advanced range of farm equipment for a wide variety of crops ideally suited for both Indian and international markets.… Continue reading TAFE to set up design and development centre in Tamil Nadu

Continental advances sustainable operations

Continental, through its group sector ContiTech, is making significant strides toward sustainable operations with the installation of a new photovoltaic (PV) system at its Timișoara production facility in Romania. This move is in line with Continental’s broader sustainability ambition, aiming to transform its production facilities into sustainable factories. The newly installed PV system in Timișoara… Continue reading Continental advances sustainable operations