Stellantis, the car-making giant formed by the merger of the PSA Group and Fiat Chrysler Automobiles (FCA), will embrace the diversity of its staff and brands as a strength rather than a weakness, according to boss Carlos Tavares. The new company is the world’s fourth-largest car firm, with 14 brands (including Abarth, Alfa Romeo, Citroën, DS, Fiat, Jeep, Peugeot and Opel/Vauxhal), more than 400,000 staff, industrial operations… Continue reading Stellantis targets annual synergies of 5 billion euros, announces management structure
Author: Autocar_Professional India Online News
Israel’s StoreDot launches 5-minute charge capable lithium-ion battery sample
Israel-based StoreDot, a leading player in the field of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation 5-minute charge battery engineering samples. This the company says represents a significant milestone in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC… Continue reading Israel’s StoreDot launches 5-minute charge capable lithium-ion battery sample
Tata Motors receives 98 megatrend-related patents in 2020
Tata Motors has announced that it had filed 80 and received 98 patents in calendar year 2020. These patents mainly relate to the megatrend of CESS (connected, electrified, sustainable and safe) automobiles and encompass an eclectic mix of improvements in automotive electronics, noise vibration and harshness, conventional and advanced powertrain systems, and crash safety under various categories… Continue reading Tata Motors receives 98 megatrend-related patents in 2020
Forsee Power launches thin lithium-ion batteries for commercial vehicles
French-headquartered smart battery systems company Forsee Power has launched its new-generation of extra-thin batteries for 2021. The company claims the new batteries christened Slim, composes the thinnest modular range in the world and will be equipped with a liquid cooling system. To adapt to the changes in the Group’s target markets (buses, non-road vehicles, trains,… Continue reading Forsee Power launches thin lithium-ion batteries for commercial vehicles
Hyundai Mobis to use Silentium’s active road noise cancellation tech
Israel-based Silentium, a tech innovation company specialising in creating personal in-car sound environments, is ramping up global rollout of its Active Road Noise Cancellation (ARNC) technology. It has been selected by global automotive supplier Hyundai Mobis as its preferred ARNC software provider. Silentium offers proven broad-band ARNC across an unprecedented spectrum of frequencies – from… Continue reading Hyundai Mobis to use Silentium’s active road noise cancellation tech
Tata Motors partners banks and NBFCs to provide financing for commercial vehicles
Tata Motors, one of the largest commercial vehicle manufacturer in the country, has entered into partnerships with the country’s leading private banks, including HDFC Bank, ICICI Bank, Yes Bank, Equitas Small Finance Bank, AU Small Finance Bank, and NBFCs like: Cholamandalam Investment and Finance Co, HDB Financial Services, Sundaram Finance, and newly merged entities of… Continue reading Tata Motors partners banks and NBFCs to provide financing for commercial vehicles
Motherson Group enters Turkey, acquires Plast Met Group
SamvardhanaMotherson Automotive Systems Group (SMRPBV) has today announced acquiring a majority stake in Turkey’s Plast Met Group. The Plast Met Group comprises of Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met KalıpSan.veTic.A.Ş .(PM-Istanbul). The acquisition will be completed through Samvardhana Motherson’s subsidiary, Samvardhana Motherson Reflectec (SMR). SMR will acquire 75 percent stake and will… Continue reading Motherson Group enters Turkey, acquires Plast Met Group
FCA-PSA merger complete, 14-brand Stellantis becomes world’s fourth largest carmaker
The planned merger between Fiat Chrysler Automobiles (FCA) and the PSA Group has been officially completed, creating a new industry giant called Stellantis. The new company takes its name from the Latin ‘Stello’, meaning ‘to brighten with stars’. Set to produce about eight million vehicles a year, with promised revenues of over £150 billion billion (Rs 1,358,850 crore), Stellantis… Continue reading FCA-PSA merger complete, 14-brand Stellantis becomes world’s fourth largest carmaker
Global shortage of semiconductors compels car makers to halt production
A global shortage of semiconductor computer chips continues to disrupt the automotive supply chain, with Toyota and Volkswagen among the latest crop of manufacturers forced to restrict production. Semiconductors – a crucial component for modern infotainment systems, driver aids and various electrical components – are in particularly high demand because of a pandemic-driven surge in demand for consumer electronic… Continue reading Global shortage of semiconductors compels car makers to halt production
Hyundai India steams ahead in exports in first nine months of FY2021
Hyundai Motor India, which wrested the No. 1 made-in-India passenger vehicle (PV) exporter title from Ford India in FY2020, is set to retain the title in FY2021. In FY2019, the Korean carmaker missed being India’s top PV exporter in FY2019 by a whisker – of all 696 units! Ford India had first unseated Hyundai, the longstanding PV export… Continue reading Hyundai India steams ahead in exports in first nine months of FY2021