Ford has announced 3800 job cuts across Europe – primarily in Germany and the UK – as part of a dramatic cost-cutting programme. Ford of Europe boss Martin Sander announced the cuts today, explaining that the company’s local workforce is being downsized in pursuit of a “leaner and more cost-competitive structure”. Ford’s European engineering operations are… Continue reading Ford axes 3800 jobs in Europe, 1300 of them in the UK
Author: Autocar_Professional India Online News
Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA
Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA The domestic commercial vehicle (CV) industry is expected to grow by 7–10% in FY2024, following growth of 24-26% in FY2023, according to ICRA. This growth would be fueled by the government’s ongoing focus on infrastructure development as well as the continued strength of underlying… Continue reading Domestic CV industry continues to recover steadily, approaching pre-Covid highs: ICRA
MAHLE climatic wind tunnel ‘goes electric’
Over 40 degrees Celsius heat, the sun burning on the car, hardly cooling wind. These are difficult conditions for the temperature-sensitive Lithium-ion battery. If an electric car is then charged quickly, the battery can become too hot and be damaged. To be able to test this realistically, MAHLE has now equipped its climatic wind tunnel in… Continue reading MAHLE climatic wind tunnel ‘goes electric’
MAHLE climatic wind tunnel ‘goes electric’
Over 40 degrees Celsius heat, the sun burning on the car, hardly cooling wind. These are difficult conditions for the temperature-sensitive Lithium-ion battery. If an electric car is then charged quickly, the battery can become too hot and be damaged. To be able to test this realistically, MAHLE has now equipped its climatic wind tunnel in… Continue reading MAHLE climatic wind tunnel ‘goes electric’
Tata Daewoo Commercial Vehicles launches 2023 Dexen Vision in South Korea
Tata Daewoo Commercial Vehicles, a wholly owned subsidiary of Tata Motors, launched its new light and intermediate truck, Dexen Vision, in South Korea. “The Dexen Vision is designed and engineered keeping in mind the evolving needs of the drivers and fleet owners and offers a competitive edge in the South Korean commercial vehicle industry,” the… Continue reading Tata Daewoo Commercial Vehicles launches 2023 Dexen Vision in South Korea
ICRA revises FY2024 outlook for toll roads to stable from positive
ICRA has revised the outlook on the toll roads sector to stable from positive for FY2024, against the backdrop of easing WPI inflation to 4.95 percent in December 2022 and an expected WPI inflation of less than 2 percent in March 2023. The inflation-linked toll hike should be relatively modest at 2-5 percent in FY2024,… Continue reading ICRA revises FY2024 outlook for toll roads to stable from positive
Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant
Skoda Auto Volkswagen India has taken another significant step towards green energy. In line with the Volkswagen Group’s global ‘goTOzero’ mission, the company has inaugurated a 18.5 MW solar-power rooftop at its Chakan plant in Pune, Maharashtra. Besides reducing its dependence on non-renewable energy, this move will help meet the Group’s global target of carbon… Continue reading Skoda Auto Volkswagen India installs 18.5 MW solar rooftop at Chakan plant
Hyundai Mobis wins global business worth $4.7 billion in 2022, targets $5.4 billion this year
Hyundai Mobis wins global business worth $4.7 billion in 2022, targets $5.4 billion this year Hyundai Mobis has reported record-breaking business orders totalling $4.7 billion from global automakers in 2022. This is the highest since the company began to fully engage with the global automotive components market in the early 2000s. Hyundai Mobis’ global orders, termed… Continue reading Hyundai Mobis wins global business worth $4.7 billion in 2022, targets $5.4 billion this year
Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines
Piaggio Vehicles Pvt Ltd (PVPL), the 100% Indian subsidiary of the Piaggio Group, has announced the entry of its Apé Electrik three-wheeler in the Philippines. The electric three-wheelers, which are manufactured in PVPL’s plant in Baramati, Maharashtra, will be exported to the Philippines. The Apé E-City and Apé E-xtra are equipped with Sun Mobility’s advanced battery-swapping technology. Pisggio… Continue reading Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines
Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines
Piaggio Vehicles Pvt Ltd (PVPL), the 100% Indian subsidiary of the Piaggio Group, has announced the entry of its Apé Electrik three-wheeler in the Philippines. The electric three-wheelers, which are manufactured in PVPL’s plant in Baramati, Maharashtra, will be exported to the Philippines. The Apé E-City and Apé E-xtra are equipped with Sun Mobility’s advanced battery-swapping technology. Pisggio… Continue reading Piaggio to sell made-in-India Apé Electrik three-wheelers in the Philippines