Daimler India Commercial Vehicles (DICV), the wholly owned subsidiary of Daimler Truck AG on Thursday announced the appointment of Alexander Schoen as its Chief Financial Officer, from March 1, 2024. He replaces Manish Thakore, who has moved to Daimler Truck Financial Services North America as Director of Special Projects. The company in a statement stated that in his new… Continue reading Daimler India Commercial Vehicles appoints Alexander Schoen as CFO
Author: Autocar_Professional India Online News
Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Subaru Corporation and Aisin Corporation are to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development. This joint development, based on the concept of high efficiency, light weight,… Continue reading Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Subaru Corporation and Aisin Corporation are to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development. This joint development, based on the concept of high efficiency, light weight,… Continue reading Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Subaru Corporation and Aisin Corporation are to jointly develop and share production of eAxles for use in battery electric vehicles (BEVs) that Subaru will start producing from the latter half of the 2020s, by combining their knowledge and expertise in vehicle and transmission development. This joint development, based on the concept of high efficiency, light weight,… Continue reading Subaru and Aisin to collaborate on eAxles for next-gen BEVs
Hyundai Exter sells 62,826 units since July launch, becomes OEM’s third best-selling SUV
New models, particularly in India’s booming SUV market, are helping accelerate the growth trajectory for most OEMs and Hyundai Motor India has seen this with its Exter compact SUV. Launched on July 10, 2023, at an aggressive pricing of Rs 599,000, the Hyundai Exter has till end-February 2024 registered cumulative wholesales of 62,826 units. This… Continue reading Hyundai Exter sells 62,826 units since July launch, becomes OEM’s third best-selling SUV
Tata Nexon and Maruti Brezza in neck-and-neck race for FY2024 SUV crown
The race to be India’s best-selling SUV in FY2024 is in its last round and has turned very tight. At the end of February 2024, the gap between the Tata Nexon and Maruti Brezza has whittled down to just 2,356 units. These top two SUVs, which are sub-4-metre models and the best-selling models for Tata… Continue reading Tata Nexon and Maruti Brezza in neck-and-neck race for FY2024 SUV crown
Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN
Steelbird Hi-Tech India, a prominent helmet manufacturer, is celebrating its 60th anniversary with ambitious plans for expansion and innovation. As part of its expansion plans, the helmet and accessories maker plans to invest Rs 250 crore in setting up a new manufacturing facility in Hosur, Tamil Nadu, to meet the growing demand from OEMs (Original… Continue reading Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN
Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end
The Indian government has today unveiled a new Rs 500 crore programme to promote electric two-wheeler and three-wheeler sales. Dubbed the Electric Mobility Promotion Scheme (EMPS), the initiative will run for four months starting April 1. This announcement comes as the previous Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India… Continue reading Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end
Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years
The MoU was exchanged in the presence of the Chief Minister of Tamil Nadu, Thiru. M.K. Stalin and signed between V Vishnu, IAS, Managing Director & CEO, Guidance, and PB Balaji, Group CFO, Tata Motors. Tata Motors has signed an MoU with the Minister of Tamil Nadu to establish a cutting-edge vehicle manufacturing facility, committing an… Continue reading Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years
SANY India collaborates with J&K Bank to provide financial solutions for construction equipment
SANY India has inked a Memorandum of Understanding (MoU) with J&K Bank, with the objective of fostering substantial growth opportunities in the region while ensuring convenient access to SANY India’s advanced product lineup alongside readily available financial services. This strategic collaboration seeks to capitalise on the strengths of both entities, offering comprehensive financial packages to… Continue reading SANY India collaborates with J&K Bank to provide financial solutions for construction equipment