Eight months after it entered into a pact to acquire Delphi Technologies, BorgWarner Inc. today announced it has completed its acquisition. The combination of BorgWarner and Delphi Technologies is expected to strengthen BorgWarner’s electronics and power electronics products, capabilities and scale, creating a leader in electrified propulsion systems that BorgWarner believes is well-positioned to take… Continue reading BorgWarner completes acquisition of Delphi Technologies
Author: Autocar_Professional India Online News
Mahindra & Mahindra celebrates 75th anniversary by launching new Thar
Mahindra & Mahindra today launched the new second-generation Thar on the occasion of its 75th anniversary. On October 2, 1945, ‘Mahindra & Mohammed’ was set up by brothers, JC and KC Mahindra along with Ghulam Mohammed. JC and KC Mahindra, the founders of Mahindra & Mahindra (Image: M&M). Mahindra Jeeps roll ouf the factory, ready… Continue reading Mahindra & Mahindra celebrates 75th anniversary by launching new Thar
Volvo starts production of fully electric XC40 Recharge
Volvo Cars has begun production of the full electric XC40 Recharge. This represents a significant step towards Volvo Cars’ ambition to reduce its CO2 footprint per car by 40 per cent by 2025. That same year, it expects 50 percent of its global sales to consist of fully electric cars, with the rest hybrids. The… Continue reading Volvo starts production of fully electric XC40 Recharge
Kia India sells 18,676 units in September, Sonet pips Seltos with 9,266 units
Kia Motors India has registered its highest-ever domestic sales since its entry into the Indian market, with 18,676 units in September 2020. The biggest contributor in the company’s sales, Kia Sonet which made its market debut on September 18, 2020, at prices starting at Rs 671,000, dominated the compact SUV segment and recorded 9,266 unit sales… Continue reading Kia India sells 18,676 units in September, Sonet pips Seltos with 9,266 units
Hyundai India sells 50,313 units in September, up 23%
Hyundai Motor India (HMI) sold 50,313 units last month (September 2019: 40,705 / +23.6%). The company has bettered its growth trajectory over the last few months with September performance showing a 10 percent uptick over that of 45,809 units sold in August 2020. Its newly launched second-generation Creta is making waves and going at an… Continue reading Hyundai India sells 50,313 units in September, up 23%
MG Motor India sells 2,537 units in September
MG Motor India retailed 2,537 units in September 2020, a 3 percent decline on a year-on-year basis when it had sold 2,608 units in September 2019. Unlike most of its industry peers, MG’s performance even on a month-on-month basis is down 11 percent (August 2020: 2,851). However, in a quarter-to-quarter comparison, MG Motor India has… Continue reading MG Motor India sells 2,537 units in September
Droom acquires Visiolab Ideas to enhance vehicle research and customer buying experience
Droom, one of India’s largest online automobile transactional marketplace has acquired Delhi-NCR based AR (augmented reality) startup Visiolab Ideas for an undisclosed amount. Droom says with this the company will introduce an AR-VR lab to enhance customer experience in their vehicle buying research. Under the acquisition, both co-founders of the company will join the Droom… Continue reading Droom acquires Visiolab Ideas to enhance vehicle research and customer buying experience
Maruti Suzuki clocks 34% growth in September with 147,912 units
Maruti Suzuki India, the passenger vehicle market leader, has released its September 2020 despatch / sales numbers and they point to robust growth – 147,912 units (33.9%). While this also means that the company has beefed up inventory in anticipation of the festive season, the fact is that the bellwether of the industry is back… Continue reading Maruti Suzuki clocks 34% growth in September with 147,912 units
Volkswagen Group confirms positive financial outlook for 2020
Dr. Herbert Diess, Chairman of the Board of Management of Volkswagen Aktiengesellschaft. The Volkswagen Group claims its transformation towards becoming “a leading provider of electric, digital mobility” has been accelerated, rather than held back, by the coronavirus pandemic. The comments by CEO Herbert Diess come despite a substantial hit to deliveries worldwide, down by more than a fifth during… Continue reading Volkswagen Group confirms positive financial outlook for 2020
Andy Palmer joins Falcon Group as advisory Board member
The global inventory management solutions company, Falcon Group has appointed Dr Andy Palmer CMG FIMechE as as Advisory Board Member from October 2020. He is a chartered engineer and automotive executive who brings with him more than 40 years’ experience, having served in leadership positions at both Nissan and Aston Martin. During his time at… Continue reading Andy Palmer joins Falcon Group as advisory Board member