October 2020 is when Bugatti wowed us with the Bolide, a track-only concept with 1,825 horsepower on tap. Not even a year later, the hypercar has been confirmed for limited production at The Quail. As opposed to the functional design study, the limited-production Bolide belts out 1… (continue reading…) Go to Source
Author: World_Newz Mon
World NM: Amara Raja Group chairman calls it a day001456
After founding and nurturing the Amara Raja Group for over three decades, its chairman Ramachandra N. Galla has finally decided to hang up his boots. When the U.S.-based entrepreneur returned to India in 1984 to provide jobs to the unemployed youth of his native Chittoor district, he had chosen the rocky Karakambadi area, under the… Continue reading World NM: Amara Raja Group chairman calls it a day001456
World NM: Avtovaz will partially resume car production after August 16001455
MOSCOW, August 13. /TASS/. Russia’s largest car maker Avtovaz will partially resume production after corporate vacation, which ends on August 16, due to problems with supplies of electronic components, the company reported. In particular, Avtovaz will not resume production of cars of the Lada Granta family until August 20. Lada Niva will be produced in… Continue reading World NM: Avtovaz will partially resume car production after August 16001455
World NM: Robust auto sales001454
WITH car sales up in July by 105pc from July 2020 and 75pc from June 2021, government officials, who are over the moon, are claiming that the country is back on the path of rapid recovery. The unprecedented growth in July car sales is owed to a couple of factors: low interest rates for auto… Continue reading World NM: Robust auto sales001454
World NM: Car sales surge by 104pc in July001453
And three-wheeler segments the first month of the fiscal year proved a bit turbulent. Jeep 4×4 segment continued to pop up with 197pc in which Toyota Fortuner and Honda BR-V sales registered a jump of 186pc and 136pc to 418 and 607 units as compared to 146 and 257 units. Among the losers, sales of… Continue reading World NM: Car sales surge by 104pc in July001453
World NM: Samsung Electro-Mechanics develops new automotive MLCCs001452
Samsung Electro-Mechanics Co., a major electronics parts maker in South Korea, on Thursday said it has developed two types of automotive multi-layer ceramic capacitors (MLCCs) that can be used for the advanced drive assist system (ADAS) as the company targets the future mobility market. MLCC is a core component within electric devices that controls the… Continue reading World NM: Samsung Electro-Mechanics develops new automotive MLCCs001452
World NM: Need to bring down GST rates on auto sector: Revenue Secretary Bajaj001451
Higher taxes on automotive sector have a negative impact and the government needs to look at the solution, Revenue Secretary Tarun Bajaj said on Wednesday. This is evident from impressive rise in tax revenue from the sector which has helped the government to desist from making calls to tax-payers for payment of advance tax. Go… Continue reading World NM: Need to bring down GST rates on auto sector: Revenue Secretary Bajaj001451
World NM: Exports up 46.4 pct in first 10 days of August001450
The country’s outbound shipments stood at US$12.7 billion in the Aug. 1-10 period, compared with $8.69 billion a year earlier. By sector, outbound shipments of memory chips, a key export item, rose 44.6 percent on-year, and those of telecommunication goods soared 75.7 percent. Exports of petroleum products increased 33 percent on-year as oil prices rose… Continue reading World NM: Exports up 46.4 pct in first 10 days of August001450
World NM: Pricol revenue up001449
Pricol Limited reported ₹292.75 crore revenue from operations for the first quarter of 2021-2022, as against ₹103.97 crore in the first quarter of last financial year. Managing Director of Pricol, it is challenging times in the automotive industry because of the lockdowns due to the pandemic compounded by acute shortage of electronic components globally. However,… Continue reading World NM: Pricol revenue up001449
World NM: If You Like the Porsche 911, You Should See This Hour-long Documentary About It001447
Porsche’s 911 is an automotive icon, and each unit has been built in the same factory since 1963. Even if you are not a fan of the 911, you should watch this documentary on its production from start to finish, made by the German newspaper Welt. German legislation requires a… (continue reading…) Go to Source