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
Author: World_Newz Mon
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: ‘Back to the Future’ DeLorean added to National Historic Vehicle Register001273
The “Back to the Future” DeLorean is officially in the history books. The iconic movie car has been added to the National Historic Vehicle Register of significant automobiles. The specific car that has been honored is the so-called “hero” car from the first film in the trilogy. Go to Source
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
World NM: Covid fears are paralysing global car manufacturers in Chennai, India’s Detroit001271
Automakers with plants in Tamil Nadu, the industry’s hub in India, are suspending operations and reducing shifts as employees threaten to go on strike due to health concerns about Covid-19 in the southern state. The workers have also challenged the state’s decision to exempt the auto industry from local lockdown rules. The Madras High Court… Continue reading World NM: Covid fears are paralysing global car manufacturers in Chennai, India’s Detroit001271
World NM: UK Business Consultation kickstarts ahead of UK-India FTA negotiations – ThePrint001270
The UK India Business Council welcomes the launch of the UK Government’s 14-week business consultation in preparation for UK-India FTA negotiations. This crisis will pass and both the UK and Indian economies are anticipated to grow significantly during 2021 with the UK forecast to grow at more than 7 percent and India at over 10… Continue reading World NM: UK Business Consultation kickstarts ahead of UK-India FTA negotiations – ThePrint001270
World NM: S. Korea to offer tax benefits, other support for auto chip parts makers001269
South Korea plans to provide tax incentives and financial support to makers of automotive chip parts and other key parts and materials, the finance minister said Tuesday. South Korean automakers have suffered a global shortage of automotive chips. South Korea, home to Samsung Electronics Co. and SK hynix Inc., is a powerhouse of memory chips.… Continue reading World NM: S. Korea to offer tax benefits, other support for auto chip parts makers001269
World NM: Government intervention is required to make EVs cheaper, but it’s key to increasing uptake in Australia, a new report outlines001268
If technology accelerates, Australia could reach a “revolutionary turning point” in its transition to zero-emission vehicles. The association also reported that the shift towards electric cars will bring structural change and pose significant challenges to the sector, however government intervention could have a major impact on outcomes. It also found that apprehension among consumers and… Continue reading World NM: Government intervention is required to make EVs cheaper, but it’s key to increasing uptake in Australia, a new report outlines001268
World NM: SsangYong likely to pick lead manager for sale process001267
SsangYong Motor Co., currently under court receivership, is expected to select a lead manager as early as this week to find a new investor, industry sources said Tuesday. U.S. vehicle importer HAAH Automotive Holdings Inc. reportedly remains among the potential bidders though it failed to submit a letter of intent (LOI) to a bankruptcy court… Continue reading World NM: SsangYong likely to pick lead manager for sale process001267