Author: World_Newz Mon

World NM: Covid-19 pandemic: Nissan contributes over Rs 6.75 crore towards relief efforts001281

With the country battling the second wave of the Covid-19 pandemic, Nissan today announced that it has contributed more than Rs 6.75 crore. It has donated Rs 2.20 crore to Tamil Nadu State Disaster Management Authority, Rs 25 lakh to Tamil Nadu Chief Minister’s Public Relief Fund and over Rs 4.30 crore for essential medical… Continue reading World NM: Covid-19 pandemic: Nissan contributes over Rs 6.75 crore towards relief efforts001281

World NM: Autocomp sector set for a rebound after two tough fiscals: Crisil – ThePrint001280

The automotive components sector will see revenue rebound 21 to 23 per cent next fiscal as domestic and export demand revives after two straight contractions, a Crisil research analysis shows. The uptick in OEM demand will rub off on the automotive components sector which could see a revenue growth of 21 to 23 per cent… Continue reading World NM: Autocomp sector set for a rebound after two tough fiscals: Crisil – ThePrint001280

World NM: Hanon Systems bid highlights SK’s ties with Hahn & Co., Ford001279

LG still seen as most probable buyer of auto parts supplier By Park Jae-hyuk SK Group, which has been mentioned as a potential bidder for Hanon Systems, is in focus as observers wonder if the conglomerate will gain the upper hand over another probable bidder, LG Group. The conglomerate and the PEF had signed a… Continue reading World NM: Hanon Systems bid highlights SK’s ties with Hahn & Co., Ford001279

World NM: Tesla center in China to store local data001278

Tesla has said it will store data its vehicles generate in China locally and offer its vehicle owners access to query information, as vehicles from the United States carmaker and other smart car companies are fueling privacy concerns. In the same month, Tesla made public the vehicle’s data within 30 minutes of the car crash… Continue reading World NM: Tesla center in China to store local data001278

World NM: How the computer chip shortage affects the new and used cars you buy001277

Now that (some) countries are emerging from the lockdown and car sales are predicted to experience a demand spike, there simply isn’t the capacity in the chip industry to service all the orders and the automobile industry is the weak point here. For consumers, the effect of these shortages is that new cars are becoming… Continue reading World NM: How the computer chip shortage affects the new and used cars you buy001277

World NM: Honda Pakistan accelerates spare part planning by using IBM systems001276

The move was designed to enhance customer experience across Honda Pakistan’s 35 dealerships in the country and boost its after-sales services. In 2015, it turned to IBM Global Business Services (GBS) to deploy its initial SAP ECC Enterprise Resource Planning (ERP) system to benefit from real-time planning and in turn, improve customer experience. As part… Continue reading World NM: Honda Pakistan accelerates spare part planning by using IBM systems001276

World NM: Two auto majors suspend production001275

After Hyundai Motor India Ltd., a few more automobile manufacturers have temporarily suspended operations in view of the COVID-19 situation in the State. On Tuesday, Royal Enfield announced holidays between May 27 and 29. The management would closely monitor the situation and announce resumption of operations. Go to Source

World NM: Israeli chipmaker Valens to merge with PTK in SPAC deal at $1.16b valuation001274

Valens, a maker of high-speed chips for the audio-video and automotive markets, said Tuesday it will merge with special purpose acquisition company PTK Acquisition Corp., a special purpose acquisition company. Peter Kuo, CEO of PTK Acquisition Corp., said that PTK identified a “rare opportunity to combine with a company that is defining the future of… Continue reading World NM: Israeli chipmaker Valens to merge with PTK in SPAC deal at $1.16b valuation001274

World NM: Power up: 2021 Dodge Durango SRT Hellcat muscle SUV production increased 50%001272

Dodge is giving the people a lot more of what they want. The Durango SRT Hellcat is capable of accelerating to 60 mph in 3.5 seconds, hitting a top speed of 180 mph and towing 8,700 pounds. Anyone looking for a Hellcat powered vehicle that can haul both ways like that next year will still… Continue reading World NM: Power up: 2021 Dodge Durango SRT Hellcat muscle SUV production increased 50%001272