‘We want to grow with Japanese excellence and German innovation in transmission systems’

Lumax Auto Technologies (LATL) – the non-lighting arm of the Lumax DK Jain Group is eyeing to transform into a full-systems supplier in its flagship gear-shift selector business with its partnership with Germany’s Jopp to expand its offerings into the gear shift tower space.  The company aims to capture a 20 percent share of the car-… Continue reading ‘We want to grow with Japanese excellence and German innovation in transmission systems’

‘We want to grow with Japanese excellence and German innovation in transmission systems’

Lumax Auto Technologies (LATL) – the non-lighting arm of the Lumax DK Jain Group is eyeing to transform into a full-systems supplier in its flagship gear-shift selector business with its partnership with Germany’s Jopp to expand its offerings into the gear shift tower space.  The company aims to capture a 20 percent share of the car-… Continue reading ‘We want to grow with Japanese excellence and German innovation in transmission systems’

Hyundai and Kia target sales of 873,000 units in India in CY2023

In what is a reflection of India’s growing stature in the global scheme of things for the Hyundai Motor Group, Hyundai Motor Group Executive Chairman Euisun Chung visited India on August 7-8 to review the Korean automaker’s strategy which lays the foundation for its future growth in the Indian market. India, which is one of… Continue reading Hyundai and Kia target sales of 873,000 units in India in CY2023

Internal combustion engines won’t go away anytime soon, no plans for hybrids, says Tata Motors’ N Chandrasekaran

Natrajan Chandrasekaran, the Chairman of Tata Motors says while there is a big push towards electric vehicles, the internal combustion engine is not going to go away anytime soon. Chandrasekaran was addressing the shareholders at the 78th Annual General Meeting on Tuesday. The focus on multi powertrain has helped the brand bring in incremental sales… Continue reading Internal combustion engines won’t go away anytime soon, no plans for hybrids, says Tata Motors’ N Chandrasekaran

Tata Motors to launch 4 new EVs in a few quarters, says Chairman, N Chandrasekaran

Natrajan Chandrasekaran, the Chairman of Tata Motors said by 2030, 50% of Tata Motors passenger vehicles and 65% of JLR vehicles will run on green technology. Chandrasekaran said the company has extensive product launch plans for the passenger vehicle business as well as Jaguar Land Rover. Tata Motors has committed over US$2 billion for Tata… Continue reading Tata Motors to launch 4 new EVs in a few quarters, says Chairman, N Chandrasekaran

Altigreen and Mufin Green Finance partner to make electric mobility more affordable

The partnership will focus on making Altigreen’s electric three-wheelers more accessible to individuals, businesses, and fleet operators, fostering widespread adoption of these eco-conscious vehicles. Altigreen and Mufin Green Finance have partnered to make electric mobility more affordable. As part of the agreement, Mufin Green Finance will fund a significant number of Altigreen’s electric three-wheelers. The partnership… Continue reading Altigreen and Mufin Green Finance partner to make electric mobility more affordable

Indian representation set to grow in Maruti Suzuki management post acquisition of Suzuki Motor Gujarat

The number of Indians in the country’s largest car maker, Maruti Suzuki, will see a steady but incremental increase in the coming years following its proposed acquisition of parent’s subsidiary Suzuki Motor Gujarat, top executives of the company said. The move will also groom and prepare Indian talent to manage the transition towards Zero emission… Continue reading Indian representation set to grow in Maruti Suzuki management post acquisition of Suzuki Motor Gujarat

Mumbai to observe No Honking Day on 9, 16 August

Mumbai will observe No Honking Day on August 9 and 16, in an attempt to curb noise pollution. The Mumbai Traffic Police issued a press note stating that unnecessary honking causes noise pollution in the environment and also adversely affects human health. Traffic Control Branch, Mumbai has decided to observe ‘No Honking Day’ on Wednesday… Continue reading Mumbai to observe No Honking Day on 9, 16 August

Hyundai Motor plans to have 5 EVs in India by 2032, Chairman Chung visits India for long term review

Hyundai Motor Group plans to mass-produce EV volume models at its Indian plants to significantly increase EV sales in the country and both the brands of South Korean Chaebol – Hyundai and Kia will have volume models in the future.  Hyundai Motor plans to have 5 EVs by 2032, whereas Kia plans to strenuously target… Continue reading Hyundai Motor plans to have 5 EVs in India by 2032, Chairman Chung visits India for long term review

Hyundai Motor plans to have 5 EVs in India by 2032, Chairman Chung visits India for long term review

Hyundai Motor Group plans to mass-produce EV volume models at its Indian plants to significantly increase EV sales in the country and both the brands of South Korean Chaebol – Hyundai and Kia will have volume models in the future.  Hyundai Motor plans to have 5 EVs by 2032, whereas Kia plans to strenuously target… Continue reading Hyundai Motor plans to have 5 EVs in India by 2032, Chairman Chung visits India for long term review