Geely and electronics giant Foxconn ink JV to provide customised consulting to OEMs

Zhejiang Geely Holding Group (Geely Holding) and Foxconn Technology Group (Foxconn) have signed a strategic cooperative agreement that will establish a joint venture company to provide OEM production and comprehensive customised consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms nd electric vehicle industry value chain to global automotive enterprises. The… Continue reading Geely and electronics giant Foxconn ink JV to provide customised consulting to OEMs

Tata Motors’ Jamshedpur, Lucknow and Pantnagar plants win National Energy Conservation Award 2020

Tata Motors has bagged the prestigious National Energy Conservation Award (NECA) 2020 for its energy conservation measures, instituted by the Bureau of Energy Efficiency (BEE). The company’s Jamshedpur, Lucknow and Pantnagar plants won ‘First Prize’, ‘Second Prize’ and ‘Merit Award’, respectively, in the category of Automotive (Manufacturing) sector. At an event held virtually, the award… Continue reading Tata Motors’ Jamshedpur, Lucknow and Pantnagar plants win National Energy Conservation Award 2020

Hyundai updates Click to Buy online platform user interface

Hyundai Motor India (HMIL), which had rolled out its ‘Click to Buy’ all-India online car-buying initiative in April last year, has announced that it has revamped the user interface of the integrated portal on its website. The company has enhanced the user experience by curating a better user interface, as well as made process enhancements aimed… Continue reading Hyundai updates Click to Buy online platform user interface

Lamborghini retails 7,430 cars in pandemic-hit 2020, half of 2021’s production already booked

Italian supercar manufacturer Lamborghini has reported sales of 7,430 cars worldwide in 2020, a decrease of 9% compared to the previous year. The drop is clearly attributable to the 70-day production shutdown in the spring, in compliance with Italian government directives and to protect the health of workers during the first emergency phase. In contrast,… Continue reading Lamborghini retails 7,430 cars in pandemic-hit 2020, half of 2021’s production already booked

BYD bags Bogota order for 1,002 all-electric buses

Like the 470 bus models delivered by BYD to Bogota in December 2020, this batch of 1002 buses also includes 9-metreand 12-metre models BYD has announced winning of cumulative orders to supply 1,002-unit pure-electric buses to the capital of Colombia, Bogota. This tender was open to all bus technologies. This is the largest order for… Continue reading BYD bags Bogota order for 1,002 all-electric buses

Toyota Kirloskar Motor lifts lockout, starts second shift at Bidadi plants

Toyota Kirloskar Motor has announced that it has withdrawn the lockout at its manufacturing plants in Bidadi, Karnataka. The two plants together have a combined manufacturing capacity of up to 210,000 units per annum. According to the company, the TKM management was forced to announce a second lock-out on November 23, 2020 due to the… Continue reading Toyota Kirloskar Motor lifts lockout, starts second shift at Bidadi plants

Harman reveals in-vehicle audio innovations with high levels of personalisation

Harman, the wholly owned subsidiary of Samsung Electronics Co, focused on connected technologies for automotive, consumer and enterprise markets, has revealed its new Live Interactive Virtual Experience (L.I.V.E.) and Personal Audio Headrest platforms, two new proprietary connected audio innovations engineered to enable new levels of personalisation and interactivity. Designed with applications for the car, at… Continue reading Harman reveals in-vehicle audio innovations with high levels of personalisation

Jaguar Land Rover sales fall by 24% in 2020 due to pandemic

Jaguar Land Rover (JLR) sales fell by nearly a quarter year on year in 2020 due to the impact of the pandemic. The British firm, which is owned by Tata Motors, sold a total of 425,974 cars worldwide last year, a 23.6% decline on 2019. The Land Rover brand’s 323,480 vehicle sales were down 18.3%, while the 102,494 Jaguar models… Continue reading Jaguar Land Rover sales fall by 24% in 2020 due to pandemic

Volkswagen Finance India acquires majority stake in KUWY Tech digital retail platform

Image for representational purpose only. Volkswagen Finance (VWFPL) India has increased its shareholding in KUWY Technology Service, a leading instant lending digital platform, by picking up a majority equity stake in the latter. This move follows the first 25 percent equity stake investment, from September 2019. Through this acquisition which came into effect on January 5,… Continue reading Volkswagen Finance India acquires majority stake in KUWY Tech digital retail platform