Author: Autocar_Professional India Online News

Toyota’s Glanza, Urban Cruiser clock 100,00 units

Toyota officials at the Glanza launch in 2019 Toyota Kirloskar recorded a significant new milestone with its Glanza and the Urban Cruiser, together clocking cumulative wholesales of over 100,000 units. Launched in June 2019 and September 2020 respectively, both the Glanza and the Urban Cruiser clocked 65,000 units and over 35,000 units in wholesales respectively.… Continue reading Toyota’s Glanza, Urban Cruiser clock 100,00 units

Nissan Micra to get all-electric avatar globally

Nissan will replace the Micra hatchback with an all-new electric model internationally. While the Micra was discontinued from India a few years ago, a replacement was introduced overseas, which will now see a successor in the form of an all-new CMF-BEV platform-based model. The Micra replacement will be based on a new EV platform shared with Renault, as… Continue reading Nissan Micra to get all-electric avatar globally

Automotive Stampings creeps into the black

Automotive Stampings & Assemblies Ltd (ASL) saw a significant rise in its sales during Q3 FY2022 to Rs 162 crore, an increase of nearly 45 percent as compared to Rs 112 crore  Q3FY2021. The company’s net profit improved to Rs 0.39 crore during the comparable period as against loss of Rs 3.91 crore earlier, the… Continue reading Automotive Stampings creeps into the black

VW to reveal ID Buzz van on March 9

Picture for representational purposes The Volkswagen ID Buzz van, a retro-futuristic reimagining of the original Type 2, is set to be revealed on March 9 as the latest entry into the rapidly expanding family of MEB-based EVs. The electric rebirth of one of Volkswagen’s best-known and biggest-selling vehicles will show that “people who love cars” work… Continue reading VW to reveal ID Buzz van on March 9

Covestro expands compounding production capacity at Noida plant

German polymer company Covestro recently inaugurated its new production lines for polycarbonate compounding at their Greater Noida Plant in India. The company says the plant has undergone several de-bottlenecking exercises in the past and as of 2017 it was able to support about 50 percent of the domestic requirements, while the remaining capacity was supported… Continue reading Covestro expands compounding production capacity at Noida plant

Passenger vehicle wholesales up 30 percent in 2021, UVs shine

Sales of passenger vehicles (in wholesales) for CY2021 barely crossed the 3 million marks to 30,82,421 units as against 24,33, 473 units in the previous calendar, according to data put out by the Society of Indian Automobile Manufacturers. In keeping with the increased preference for UVs, the segment recorded sales of 14,19,649 units as against… Continue reading Passenger vehicle wholesales up 30 percent in 2021, UVs shine

Fortescue to acquire Williams Advanced Engineering for 164 million pound

Australia’s Fortescue Future Industries (FFI) has entered into an agreement to acquire Williams Advanced Engineering (WAE) to accelerate innovation in the green energy space. The company says its £164 million (Rs 1,494 crore) investment means Fortescue and FFI will acquire critical capabilities needed to help decarbonise this industry world-wide utilising FFI’s green electricity, green hydrogen and… Continue reading Fortescue to acquire Williams Advanced Engineering for 164 million pound

Renault inks pact with Geely Holding for HEVs in South-Korea

In a bid to increase penetration in Asian HEV market, Renault Group and China’s Geely Holding Group (Geely Group), have signed an agreement to launch a new collaboration dedicated to bringing fuel-efficient Hybrid Electric Vehicles (HEV) and Internal Combustion Engine (ICE) models in South Korea. The new vehicles will be produced at the Renault-Samsung facility in… Continue reading Renault inks pact with Geely Holding for HEVs in South-Korea