The country’s largest carmaker, Maruti Suzuki India today reported the financial results for Q1 FY2020-21. During the period the company sold a total of 76,599 vehicles including 67,027 units in the domestic market and exported 9,572 units. In terms of financial performance, the company reported net sales of Rs 3,677 crore, and a net loss… Continue reading Maruti Suzuki posts Rs 249 crore loss in lockdown-impacted Q1 FY2021
Author: Autocar_Professional India Online News
Lithium-ion battery maker Britishvolt partners Pininfarina to build first gigaplant in UK
Silvio Pietro Angori, CEO, Pininfarina and Lars Carlstrom, co-founder, Britishvolt, at the signing ceremony at Pininfarina’s office in Turin. British battery manufacturer Britishvolt has partnered Italian design house Pininfarina, to build the UK’s first large-scale battery gigaplant at the former RAF base of Bro Tathan in Wales. The partners say with Pininfarina legacy of more… Continue reading Lithium-ion battery maker Britishvolt partners Pininfarina to build first gigaplant in UK
PSA Group ‘shows resilience’ with 595m euro profit in first half of 2020
PSA Group boss Carlos Tavares says that the car giant is on track to rebound strongly from the coronavirus pandemic in the second half of 2020, after posting a profit in the first six months. The French firm, whose brands include Citroen, DS, Peugeot and Opel/Vaxuhall, was hit by disruption and lockdowns. Its global sales of 1,033,000 units… Continue reading PSA Group ‘shows resilience’ with 595m euro profit in first half of 2020
Continental develops supercomputer for vehicle AI system training powered by Nvidia DGX
The automotive industry is changing and development cycles are becoming shorter, and in order to develop innovative technologies even more efficiently and quickly, German Tier 1 major Continental has invested in setting up its own supercomputer for Artificial Intelligence (AI), powered by Nvidia InfiniBand-connected DGX systems. The system has been operating from a datacenter in… Continue reading Continental develops supercomputer for vehicle AI system training powered by Nvidia DGX
Jaguar Land Rover appoints Thierry Bollore as new CEO
Ex-Renault CEO Thierry Bollore has been announced as the new CEO of Jaguar Land Rover, replacing Dr Ralf Speth, who had earlier this year announced his decision to retire at the end of his contract term, after 10 years at the helm. The Frenchman will assume his new role on 10 September 2020. N Chandrasekaran, Chairman… Continue reading Jaguar Land Rover appoints Thierry Bollore as new CEO
Aashish Bhatia: ‘Visteon is pushing the boundaries of creativity and innovation.’
Visteon, the pure-play supplier of automotive cockpit electronics, is aggressively innovating to meet automakers’ needs for smart, digital cockpits for electric and automated vehicles. Aashish Bhatia, Country Head, Visteon India, speaks on the industry trends, new advances in connectivity and electronics, and the role of Visteon India’s technical centre in the company’s global scheme of… Continue reading Aashish Bhatia: ‘Visteon is pushing the boundaries of creativity and innovation.’
Gulf Oil, McLaren ink multi-year partnership for Formula 1 and luxury supercars
British supercar maker McLaren and lubricant & oil major Gulf Oil International have announced a multi-year strategic partnership, which will see Gulf partnering with McLaren Racing and luxury supercar company McLaren Automotive. Gulf’s link with McLaren started in 1968 and continued until the end of the 1973 season, with Gulf and McLaren enjoying success in… Continue reading Gulf Oil, McLaren ink multi-year partnership for Formula 1 and luxury supercars
Royal Enfield deploys 800 mobile service units across India
Royal Enfield has launched ‘Service on Wheels’, a new, customer-friendly initiative, aimed at safe, seamless and hassle-free motorcycle service experience to customers at their doorstep. Under this initiative, Royal Enfield has deployed 800 units of purpose-built Royal Enfield motorcycles across the dealerships in the country. Service on Wheels is a fleet of mobile service-ready motorcycles which are equipped… Continue reading Royal Enfield deploys 800 mobile service units across India
Precision Camshafts fully buys Emoss, MFT; eyes more acquisitions
Camshafts major, Precision Camshafts now holds the full ownership of Netherlands-based Emoss Mobile Systems and German firm MFT (Motoren und Fahrzeugtechnik). The Solapur-based company has invested 0.6 million euro (Rs 5.19 crore) to hike its stake in Emoss from 51 percent, and spent 0.55 million euro (Rs 4.76 crore) to increase its stake in MFT… Continue reading Precision Camshafts fully buys Emoss, MFT; eyes more acquisitions
Rolls-Royce outlines new Ghost’s ‘minimalist’ design in new video
Rolls-Royce has outlined the new minimalist design philosophy behind the new Ghost in the first in a series of animated videos charting the development of the luxury saloon. The second generation of the Bentley Flying Spur rival is due to be launched later this year and will reflect a new design trend of ‘post opulence’, a move by… Continue reading Rolls-Royce outlines new Ghost’s ‘minimalist’ design in new video