Autocar_Professional India Online News – Page 1695

Exter to strengthen Hyundai’s sub-Rs 10 lakh segment, says Tarun Garg

The Exter is Hyundai‘s first all-new product in the sub-Rs 10 lakh segment in quite some time. It’s directly targeted at the Tata Punch, which is the third bestseller in the sub-4m SUV segment after the Nexon and the Maruti Brezza, and Hyundai is banking hard on it to strengthen its sub-Rs 10 lakh segment, which is the core of the market.… Continue reading Exter to strengthen Hyundai’s sub-Rs 10 lakh segment, says Tarun Garg

Electric Ford Fiesta on Volkswagen platform remains possible

Ford has not ruled out using the VW Group’s new MEB Entry platform for a reborn electric Fiesta – but such a car is not an immediate priority. The Ford Fiesta bowed out of production last week after 47 years and seven generations, to make way for the new electric Ford Explorer SUV – based on Volkswagen’s MEB platform… Continue reading Electric Ford Fiesta on Volkswagen platform remains possible

Electric Ford Fiesta on Volkswagen platform remains possible

14th Clean Energy Ministerial to be held in Goa from July 19-22

The meeting will cover various subjects including battery storage, sustainable cooling, access to energy, low-carbon hydrogen, biofuels, industry decarbonisation, and more. The 14th Clean Energy Ministerial will be held in Goa from July 19-22, 2023, jointly with the 8th Mission Innovation Meeting. This year’s host is India, whose Ministry of Power and Ministry of Science… Continue reading 14th Clean Energy Ministerial to be held in Goa from July 19-22

Koenigsegg Gemera gets new 2300hp V8 hybrid powertrain

When Koenigsegg debuted the Gemera in 2020, it came with a 2.0-litre turbo-petrol engine coupled with three electric motors producing 1,700hp. Now, the Swedish carmaker has finalised the customer specification of the Gemera, its four-seater ‘megacar’ – so named because it produces more than one megawatt of power (1,360hp). In production-spec, the Gemera will be available with… Continue reading Koenigsegg Gemera gets new 2300hp V8 hybrid powertrain

Technical tour de force

It’s no secret that connectivity and digitalisation are advancing rapidly in the automotive ecosystem and even tech savvy global Tier I component players like Continental are aware of it. The global economic and financial crisis in 2008/2009 presented Continental with several challenges including bringing in change at all levels, especially the rapid transition from an… Continue reading Technical tour de force

Porsche sells 167,354 vehicles in first-half 2023, registers gains in all regions

Porsche has ended the first six months of 2023 successfully with a 15 percent gain in deliveries. The sports car manufacturer delivered 167,354 vehicles to customers worldwide in January-June 2023 (H1 CY2022: 145,860). “After the first six months of the year, we can be pleased with our delivery results so far,” said Detlev von Platen,… Continue reading Porsche sells 167,354 vehicles in first-half 2023, registers gains in all regions

India Auto Inc sells 5.49 million vehicles in Q1 FY24, clocks 11% growth, CVs down 3%

The first quarter of fiscal year 2024 is over and the wholesales report card is out. As per the numbers released by apex industry body SIAM, India Auto Inc dispatched a total of 54,98,602 vehicles, which is an 11% year-on-year increase (April-June 2022: 48,33,910 units). This means Q1 FY2024’s performance can be viewed to be… Continue reading India Auto Inc sells 5.49 million vehicles in Q1 FY24, clocks 11% growth, CVs down 3%

UV sales grow by 18% in Q1 FY24, Maruti and Mahindra shine, Tata and Kia lose market share

The utility vehicle (UV) sub-segment is powering the overall passenger vehicle (PV) segment, which comprises cars, UVs and vans, like never before. If the PV segment has notched its best-ever first-quarter wholesales of 995,974 units, up 9% YoY – just 4,006 units shy of the million mark – in April-June 2023, then it has UVs… Continue reading UV sales grow by 18% in Q1 FY24, Maruti and Mahindra shine, Tata and Kia lose market share

‘Domestic tyre demand to grow by 6-8% in FY2024’: ICRA

Credit rating agency ICRA maintains its domestic tyre demand growth forecast for FY2024 at 6-8 percent year on year, on the back of favourable demand from the OEM segment and expected revival in replacements. An improved product mix and range-bound input costs are expected to enhance the margins by 200-300 basis points in FY2024. The OEM… Continue reading ‘Domestic tyre demand to grow by 6-8% in FY2024’: ICRA