From shareholder activism on salary hike to 120 years of the Royal Enfield brand, 2021 has been nothing short of a ‘Himalayan Odyssey’ for the Eicher top boss. 2021 is not a year that Siddhartha Lal will forget in a hurry. Vinod Dasari stepped down from the MD’s position and Eicher Motor shareholders rejected Lal’s… Continue reading Newsmaker of 2021: Siddhartha Lal
Author: Autocar_Professional India Online News
Newsmaker of 2021: Roland Bouchara
One of the key points Roland Bouchara drove home in a recent interview was that profitability would be top priority for Stellantis India. When he took over as CEO and MD of the new entity, marking a huge leap from his previous mandate as Senior VP, Sales & Marketing of Citroen India, Bouchara knew only… Continue reading Newsmaker of 2021: Roland Bouchara
Newsmaker of 2021: Elon Musk
From readying mission to Mars, selling stake in Tesla to making a surprise visit at the Volkswagen Executive Conference, it’s been an action-packed year for Elon Musk. “Don’t want to brag but . . . I’m the best at humility. . .”That’s how the man, who literally makes headlines every week, describes himself. No prizes… Continue reading Newsmaker of 2021: Elon Musk
Newsmaker of 2021: Osamu Suzuki
It was earlier this year when the grand old man of the global automobile industry finally decided that it was time to step down as Chairman of the company he had been spearheading for over four decades. The 91-year-old Osamu Suzuki made known in February that he was relinquishing his top post in June and… Continue reading Newsmaker of 2021: Osamu Suzuki
Newsmaker of 2021: Vipin Sondhi
Vipin Sondhi’s decision to resign as MD and CEO of Ashok Leyland came as a complete surprise within industry circles. To the outside world, there was really no compelling reason for him to step down. It was barely two years since Sondhi took charge at Leyland and comparisons to his predecessor, Vinod Dasari, were only… Continue reading Newsmaker of 2021: Vipin Sondhi
Demand for CNG, electric 3Ws surges in April-November, diesel nosedives
Of the 149,666 units sold in April-November, 67,927 units were CNG (45% market share) while electric were 12,303 units (8% share). Diesel demand fell by 39% to 45,690 units (market share down by 38%) The three-wheeler market in India is having a good run, albeit in some sub-segments. In the April-November 2021 period, a total… Continue reading Demand for CNG, electric 3Ws surges in April-November, diesel nosedives
Turkey’s TOGG to debut at CES with electric SUV and sedan
TOGG, Turkey’s automobile initiative group comprising five Turkish industry giants, is to make its debut at the Consumer Electronics Show (CES) 2022 (January 5-8) with an electric SUV as well as an electric sedan. The battery electric SUV is Turkey’s first home-bred vehicle and represents the culmination of Turkey’s progress in industrial technology. It is… Continue reading Turkey’s TOGG to debut at CES with electric SUV and sedan
CNG models account for 43% of Maruti Suzuki’s 280,000 order backlog
India’s largest carmaker Maruti Suzuki is facing a problem of plenty. With petrol and diesel prices continuing to be high, even after the November 4 excise duty cut, demand for Maruti’s CNG-fueled cars has skyrocketed. However, the company, like other carmakers in India, is battling a demand-supply mismatch as a result of the continuing semiconductor… Continue reading CNG models account for 43% of Maruti Suzuki’s 280,000 order backlog
Attero plans Rs 300 crore investment to expand lithium-ion battery recycling
Within a week of expanding its partnership with MG Motor India to recycle EV batteries, one of India’s largest electronic waste recycling company Attero Recycling has announced that it will be investing Rs 300 crore into lithium-ion recycling over the next nine months. Founded in 2008, by Rohan Gupta and Nitin Gupta, the company claims… Continue reading Attero plans Rs 300 crore investment to expand lithium-ion battery recycling
Daimler India CV exports over 9,000 trucks and buses in 2021
Daimler India Commercial Vehicles (DICV) has announced total exports of over 9,000 commercial vehicles since the beginning of 2021. With this, the company’s export milestones include 45,000 vehicles, 9000 CKD kits and 200 million parts since operations began in April 2012. DICV is the only Daimler Truck location worldwide that produces engines, transmissions, trucks and… Continue reading Daimler India CV exports over 9,000 trucks and buses in 2021