What is the current position with regard to restructuring, debt and other financial challenges. What is the way forward?Marelli went through a very challenging time. But I’m here to report that we very successfully completed the financial restructuring in August. That means additional investment from KKR and a reduction in our bank debt. It is… Continue reading Marelli on a mission to transform the future of mobility
Author: Autocar_Professional India Online News
Tata Motors to unveil Tiago EV on 28 September
Tata Motors is all set to unveil its Tata Tiago EV on 28th September in Mumbai. The pricing of the vehicle is expected to be under 10 lakhs as it shares its specs with the Tigor eXPres-T variant targeted at fleet operators and which produces 41hp and 105Nm of torque and is powered by a… Continue reading Tata Motors to unveil Tiago EV on 28 September
Siemens Digital Industries Software appoints Mathew Thomas as managing director for India
Siemens Digital Industries Software today announced the appointment of Mathew Thomas as the new Country Manager and Managing Director for India. Mathew succeeds Suprakash Chaudhuri, effective immediately. Bringing 30 years of industry experience to the role, Mathew, and his team, aim to drive profitable growth through customer success and by nurturing a high-performance organisation. Previously,… Continue reading Siemens Digital Industries Software appoints Mathew Thomas as managing director for India
ZF and Freudenberg join forces to be ‘one-stop-shop’ for e-mobility solutions
ZF’s Commercial Vehicle Solutions (CVS) division has announced a joint development agreement with fuel cell and battery systems supplier, Freudenberg e-Power Systems. The partnership combines the core competencies of two companies with Freudenberg’s expertise in fuel cell and battery systems and ZF’s electric components including drivelines, inverters, converters, compressors, software energy management systems as well… Continue reading ZF and Freudenberg join forces to be ‘one-stop-shop’ for e-mobility solutions
Ather Energy to double its retail network to 95 cities by March 2023
Electric-two-wheeler start-up Ather Energy is stepping up the charge to expand its operations in India’s nascent yet burgeoning electric two-wheeler market. Electric two-wheeler sales in India clocked 240,662 units in the first six months of CY2022, contributing 3.6 percent to total two-wheeler retail sales that were pegged at 66,95,434 units. The significant uptick in the… Continue reading Ather Energy to double its retail network to 95 cities by March 2023
SIAM appoints Vinod Aggarwal as its new president
The Executive Committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Vinod Aggarwal, MD and CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as its new president for 2022-23. Vinod Aggarwal, who was the Vice-President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti… Continue reading SIAM appoints Vinod Aggarwal as its new president
Daimler Truck’s fuel cell JV and Mahle partner to supply tech for CVs
cellcentric CEO Dr. Matthias Jurytko (left) and MAHLE Corporate Executive Vice President Sales & Application Engineering Martin Wellhöffer (right) Cellcentric, the 50:50 fuel cell joint venture of Daimler Truck and Volvo Group, and the technology group Mahle have signed a letter of intent to cooperate in the field of fuel cell technology for use in… Continue reading Daimler Truck’s fuel cell JV and Mahle partner to supply tech for CVs
Schaeffler to premiere fuel-cell-powered van at IAA Transportation
Schaeffler is to premiere a fuel-cell-powered demonstration vehicle at the IAA Transportation trade fair in Hanover (September 20-25). The German major, whose focus on drive systems for commercial vehicles includes hydrogen technology, especially for long-haul applications, is developing innovative components for fuel cell systems and laying the groundwork for them to be produced on an… Continue reading Schaeffler to premiere fuel-cell-powered van at IAA Transportation
India Auto Inc has to continuously work to meet changing aspirations of engineers: C V Raman
Maruti Suzuki India’s Chief Technology Officer, a true-blue engineer, speaks about Indian engineers enhancing discipline while working with their Japanese counterparts and also the critical role of the right talent to manage disruptions in the coming decade. How do you view the evolution of Maruti Suzuki’s R&D capabilities in India over four decades?Over the past 40… Continue reading India Auto Inc has to continuously work to meet changing aspirations of engineers: C V Raman
TVS increases scooter market share to 24% with half-a-million units in April-August
The Indian two-wheeler industry, which is finally seeing demand returning albeit much lesser than that in the pre-Covid FY2019, also has the scooter market to thank for its improving fortunes. Of the total wholesales of 66,63,265 units (up 33%) in April-August 2022, scooters comprise 33% or 21,91,208 units (up 53%). A year ago, the scooter… Continue reading TVS increases scooter market share to 24% with half-a-million units in April-August