Stellantis and Foxconn have established a 50:50 JV SiliconAuto to design and sell semiconductors for the auto industry from 2026. The joint venture is the product of a December 2021 agreement between Stellantis and Foxconn, to develop a family of semiconductors for automotive applications. SiliconAuto will provide customers an auto industry-centric source of semiconductors for the… Continue reading Stellantis, Foxconn form 50:50 JV to make semiconductors for auto industry
Author: Autocar_Professional India Online News
‘Auto dealers must collaborate, not compete to improve margins’: Ramesh Iyer
With auto sales continuing to be sluggish, and new customer acquisition getting increasingly difficult, Ramesh Iyer, Vice Chairman and MD of Mahindra Finance says that the industry needs to collaborate and not compete, to increase its consumer base. Giving a speech at FADA’s second Finance and Insurance Summit, Iyer spoke on the importance of discipline… Continue reading ‘Auto dealers must collaborate, not compete to improve margins’: Ramesh Iyer
Air conditioned driver cabins in trucks to be mandatory soon: Nitin Gadkari
In a big respite to the truck drivers, Minister for Road Transport and Highways, Nitin Gadkari proposed all commercial vehicle makers install air conditioners inside the driver cabins. “All trucks will now need to have air-conditioned driver compartments. I wanted to introduce air conditioners in truck driver compartments from the day I took charge as Minister.… Continue reading Air conditioned driver cabins in trucks to be mandatory soon: Nitin Gadkari
Air conditioned driver cabins in trucks to be mandatory soon: Nitin Gadkari
In a big respite to the truck drivers, Minister for Road Transport and Highways, Nitin Gadkari proposed all commercial vehicle makers install air conditioners inside the driver cabins. “All trucks will now need to have air-conditioned driver compartments. I wanted to introduce air conditioners in truck driver compartments from the day I took charge as Minister.… Continue reading Air conditioned driver cabins in trucks to be mandatory soon: Nitin Gadkari
Gestamp forecasts over 50% of its revenues by 2027 will come from EVs
Gestamp, the multinational company specialised in the design, development and manufacturing of highly engineered metal components for the automotive industry, expects that by 2027, more than 50% of its revenues will come from electric vehicles (EVs). The company, which held today its second Capital Markets Day, presented its 2023-2027 Strategic Plan to investors. This future… Continue reading Gestamp forecasts over 50% of its revenues by 2027 will come from EVs
Gestamp forecasts over 50% of its revenues by 2027 will come from EVs
Gestamp, the multinational company specialised in the design, development and manufacturing of highly engineered metal components for the automotive industry, expects that by 2027, more than 50% of its revenues will come from electric vehicles (EVs). The company, which held today its second Capital Markets Day, presented its 2023-2027 Strategic Plan to investors. This future… Continue reading Gestamp forecasts over 50% of its revenues by 2027 will come from EVs
Volvo Group partners with Heidelberg Materials to reduce emissions in construction industry
Volvo Group has signed an agreement to collaborate with Heidelberg Materials, to reduce carbon emissions in the construction sector, by jointly investigating and developing how loading and hauling needs can be solved with the help of electrified vehicles and related services. The partnership will see several of Volvo Group’s customised electric product and service solutions put to work across much… Continue reading Volvo Group partners with Heidelberg Materials to reduce emissions in construction industry
Skoda Auto enters the realm of NFTs with Skodaverse India
Skoda Auto India has steered into the global Web 3.0 initiative with Skodaverse India, and as a part of the global Skodaverse initiative, Skodaverse India will begin with a platform that enables users to explore, buy and trade NFTs (Non-Fungible Token) online. This initiative aims to build a community of Skoda loyalists to engage, collaborate… Continue reading Skoda Auto enters the realm of NFTs with Skodaverse India
FM Logistic Inaugurates its Control Tower to optimise supply chain operations in India
French contract logistics provider, FM Logistic, inaugurated its first Control Tower (CT) facility in Pune on Tuesday. The Control Tower is part of FM’s strategy to enhance its 4PL and LLP offerings. Jean-Christophe Machet, CEO of FM Logistic, Stéphane Descarpentries, Managing Director, Asia and Strategic Projects, Alexandre Amine Soufiani, Managing Director, FM Logistic Singapore and… Continue reading FM Logistic Inaugurates its Control Tower to optimise supply chain operations in India
MoRTH revises third party premium rules
The Ministry of Road Transport and Highways (MoRTH) has issued a draft notification proposing Motor Third Party Premium and Liability Rules for the Financial Year 2023-24, in consultation with the Insurance Regulatory and Development Authority of India (IRDAI). In the said rules, the base premium for third-party insurance for unlimited liability has been proposed for… Continue reading MoRTH revises third party premium rules