KPIT offers share-based benefits to attract retain talent

Pune-based KPIT, a software solutions provider for the auto sector, has in order to attract and retain critical talent amidst the ongoing attrition churns, introduced share-based employee benefit plans. The coverage of this scheme, the company noted will be based on roles and not grades, covering managers and above roles, from technical and top project managers­, executive board and remaining… Continue reading KPIT offers share-based benefits to attract retain talent

Okinawa expands Galaxy retail network to Ahmedabad

The Okinawa Galaxy store in Ahmedabad. A week after it opened a new retail showroom in Navi Mumbai, Maharashtra, EV maker Okinawa Autotech today inaugurated its new Galaxy showroom  in Ahmedabad. The experience centre aims to offer customers a real-time EV purchasing experience and drive awareness for electric two-wheelers.  In what is now a trend,… Continue reading Okinawa expands Galaxy retail network to Ahmedabad

Royal Enfield launches new Hunter 350 at Rs 150,000

Royal Enfield has launched the new Hunter 350 in India. Prices start at Rs 150,000 for the base Retro variant, while the higher Metro variant is priced between Rs 164,000 and Rs 169,000, depending on the colour option. This makes it the most affordable of the J-platform motorcycles, with its siblings the Classic 350 and Meteor… Continue reading Royal Enfield launches new Hunter 350 at Rs 150,000

Seven German firms to deploy 27 Hyundai Xcient fuel cell trucks

Hyundai Motor Company has exported its Xcient Fuel Cell heavy-duty trucks to Germany, the biggest commercial vehicle market in Europe. Seven German companies in logistics, manufacturing and retail will put 27 Xcient Fuel Cell trucks into fleet service with funding for eco-friendly commercial vehicles from Germany’s Federal Ministry for Digital and Transport (BMDV).  “We are… Continue reading Seven German firms to deploy 27 Hyundai Xcient fuel cell trucks

Altair announces winners of 2022 Enlighten Award

Altair, the global leader in computational science and artificial intelligence (AI) that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI, has named the winners of the 10th annual Altair Enlighten Award. Presented in association with the Center for Automotive Research (CAR), the Altair Enlighten Award honours the greatest sustainability and… Continue reading Altair announces winners of 2022 Enlighten Award

Tatas sign definitive agreement to acquire Ford India’s Sanand plant for Rs 725 crore

Tata Passenger Electric Mobility (TPEML), a subsidiary of Tata Motors  and Ford India have signed the Unit Transfer Agreement (UTA) for the acquisition of Ford India’s  manufacturing plant situated at Sanand, Gujarat, which inter-alia includes the entire land and buildings, vehicle manufacturing plant along with machinery and equipment situated therein and transfer of all eligible employees of Ford India’s vehicle manufacturing operations… Continue reading Tatas sign definitive agreement to acquire Ford India’s Sanand plant for Rs 725 crore

Inter-city buses in spotlight at Prawaas

The third Edition of Prawaas, one of India’s leading trade fairs  for passenger vehicle operators which was held on August 4-6 in Hyderabad  saw scores of enquiries and even orders from the tour operators, say vehicle manufacturers which participated  at the event.  Organised by  Bus & Car Operators Confederation of India (BOCI), and apex organization… Continue reading Inter-city buses in spotlight at Prawaas

Hero Electric tops July e-two-wheeler sales, Okinawa leads in April-July 

Electric two-wheeler sales are taking off rather nicely in the ongoing fiscal year. As per the latest retail sales data for July 2022, as released by FADA president Vinkesh Gulati, total e-two-wheeler sales last month were 44,475 units, up 5% on June 2022’s 42,303 units and a massive 232% on the Covid-impacted July 2021’s 13,392… Continue reading Hero Electric tops July e-two-wheeler sales, Okinawa leads in April-July 

Mahle to showcase complete EV solution for workshops at Automechanika 2022

Intelligent: The new MAHLE E-Health function determines the residual value and lifespan of an electric vehicle battery. MAHLE Aftermarket is to make a strong presentation at this year’s Automechanika in Frankfurt (September 13-17) with a wide range of products. The focus of MAHLE’s presence at the trade fair for industry, workshops, and business is the… Continue reading Mahle to showcase complete EV solution for workshops at Automechanika 2022

Ricardo divests software business unit

Ricardo, a global strategic, environmental and engineering consultancy company, recently announced that it has completed the sale of Ricardo’s Software business unit comprising of shares in the UK, US and Czechia companies of Ricardo Software together with related assets to FOG Software Group, a division of Constellation Software Inc (CSI).  The disposal forms part of… Continue reading Ricardo divests software business unit