Technology company Continental has launched ‘Women for Manufacturing’ in India, an initiative to empower and support women to take up a career in manufacturing through various skill development programs. Manufacturing has been historically stereotyped as unsuitable for women, and over the years resulted in an under-representation of women in this field. Lack of awareness, the… Continue reading Continental India launches ‘Women for Manufacturing’ CSR programme
Author: Autocar_Professional India Online News
Bangalore-based electric CV start-up Cell Propulsion raises Rs 14 crore
Bangalore-based electric vehicle technology start-up, Cell Propulsion has raised $2 million (Rs 14.8 crore) (in debt and equity) in a growth round from existing investors – Endiya Partners, growX Ventures, Huddle Accelerator and Micelio – which were the key investors in the round. This is in addition to the $1 million (Rs 7 crore) it… Continue reading Bangalore-based electric CV start-up Cell Propulsion raises Rs 14 crore
Cero Recycling targets more scrapyards for Centre’s clean-up drive
Cero Recycling plans to enhance its annual recycling capacity to over 600,000 units across 24 plants in the next five years. A joint venture between Mahindra Accelo (the erstwhile Mahindra Intertrade) and the State-run MSTC, the company also hopes to expand its services in over 100-odd cities by that time. At present, Cero’s total capacity is… Continue reading Cero Recycling targets more scrapyards for Centre’s clean-up drive
Auto retail witnesses bloodbath in lockdown-hit May: FADA
The second wave of Covid-19 which spared not a single state, industry, and most households has resulted in what was expected by almost everyone, a total washout. According to the latest data released by the Federation of Automobile Dealers Association (FADA), the country saw 535,855 vehicles being retailed in May 2021, a drop of 71… Continue reading Auto retail witnesses bloodbath in lockdown-hit May: FADA
Toyota unveils new Land Cruiser
Toyota has unveiled the new Land Cruiser in the 70th anniversary year of the SUV. Since 1951, a cumulative total of approximately 10.4 million units and more than 300,000 units a year have been sold in 170 countries and regions all over the world. Now, Toyota has completely redesigned the Land Cruiser’s character by merging… Continue reading Toyota unveils new Land Cruiser
Tata Motors sets up new subsidiary for CVs
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Sona Comstar IPO to open on June 14, price band fixed at Rs 285-291 per share
Blackstone backed Tier 1 supplier, Sona Comstar will launch is IPO or initial public on June 14 for three days and the issue will close on June 16. The price band has been fixed at Rs 285-291 per share. The Rs 5,500 crore issue comprises of Rs 300 crore worth fresh issuance of equity shares and an… Continue reading Sona Comstar IPO to open on June 14, price band fixed at Rs 285-291 per share
Renault ElectriCity to be Europe’s largest EV production hub
As part of the Renaulution strategic plan unveiled earlier this year, Renault Group and trade unions (CFDT, CFE-CGC, CFTC, CGT, FO and SUD) have signed an agreement for the future of the Renault sites in the Hauts-de-France region. The agreement is to create Renault ElectriCity, the Renault wholly owned legal entity which will group together… Continue reading Renault ElectriCity to be Europe’s largest EV production hub
Ferrari names top tech exec Benedetto Vigna as new CEO
Benedetto Vigna has 26 years of experience in the chip industry, having in 1995 founded ST Microelectronics’ microelectromechanical systems and sensors group division. Ferrari has appointed technology executive Benedetto Vigna its new CEO as the Italian company begins its move towards electrification. Vigna, 51, is currently leading an executive role in the chip division of ST… Continue reading Ferrari names top tech exec Benedetto Vigna as new CEO
FADA lauds Maharashtra for making vehicle registration digital
Apex dealer body, the Federation of Automobile Dealers Associations (FADA) has thanked the State Transport Department of Maharashtra for making the vehicle registration process faceless and paperless. FADA Maharashtra has for long been engaged in a dialogue with the State Transport Department for the implementation of the new rules, which have now been notified by… Continue reading FADA lauds Maharashtra for making vehicle registration digital