Author: Autocar_Professional India Online News

2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI

Sales of two-wheelers could take about five years to return to the peak levels of 20218-19 even as the rural markets continue to struggle from the impact of Covid19, said Atsushi Ogata, managing director and CEO of Honda Motorcycle and Scooter India (HMSI).  He was speaking on the sidelines of SIAM’s 62nd annual session in Delhi. Ogata… Continue reading 2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI

Tata Motors expects 20 percent of PV sales to be electric by FY26

In three years, Tata Motors anticipates that 20 percent of its domestic passenger vehicle sales will be made up of electric vehicles, Shailesh Chandra, managing director- passenger vehicles and electric mobility at the company said on the sidelines of SIAM’s 62nd annual session in Delhi.  He anticipates that sales of all electric vehicle models offered by… Continue reading Tata Motors expects 20 percent of PV sales to be electric by FY26

Marelli on a mission to transform the future of mobility

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

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