Representative Image New Delhi: The first month of the financial year, April, has been marred by COVID challenges for the past two fiscal years. In 2020, automobile OEMs saw zero production and sales during the month due to the first COVID wave. In 2021, the year started on a good note but the later part… Continue reading Auto Sales in April 2022: PVs marred by supply constraints, 2Ws show recovery, CVs, tractors in green
Category: News Type
As snarls mount, economists take a walk on the supply side
The corporate victims of the snarls are piling up like containers in locked-down Shanghai. Global supply chains are knotting up from China to Denmark, sparking re-examinations of things as macro as globalization itself and micro as trucking efficiency around American ports. As for the big picture, the intertwined world economy took decades to stitch together… Continue reading As snarls mount, economists take a walk on the supply side
Magna Begins Production of First Mild Hybrid Transverse Transmission for BMW Group
Magna is the exclusive mild hybrid transmission supplier for all front-transverse applications on BMW Group platform Contract extends across multiple models starting with the new BMW 2 Active Tourer Mild hybrid transmission technology significantly reduces CO2 emissions of an internal combustion engine AURORA, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — Magna continues its accelerated transformation… Continue reading Magna Begins Production of First Mild Hybrid Transverse Transmission for BMW Group
@Ford: Brawn and Brains: How Ford F-150 Lightning Software Accurately Estimates Range to Give Customers Confidence While Towing
  Ford equipped all-new 2022 Ford F-150® Lightning™ electric pickup with smart technologies to more accurately calculate remaining vehicle range using real time conditions so customers can tow with greater confidence – the more it’s used, the more accurate it gets Cloud-connected Intelligent Range compares energy use with data from numerous sources, including Ford electric trucks… Continue reading @Ford: Brawn and Brains: How Ford F-150 Lightning Software Accurately Estimates Range to Give Customers Confidence While Towing
Innoviz Selected by One of the Largest Global Vehicle Groups to be its Direct LiDAR Supplier for Series Production Vehicles; Increases Forward-Looking Order Book by $4 Billion
“We are proud to deliver our outstanding InnovizTwo LiDAR and perception software as the direct supplier to support this new series production program,” said Innoviz CEO and Co-Founder Omer Keilaf. “Being selected by a large-scale multi-brand global vehicle maker is a significant catalyst for Innoviz and we expect this will affect the entire industry which… Continue reading Innoviz Selected by One of the Largest Global Vehicle Groups to be its Direct LiDAR Supplier for Series Production Vehicles; Increases Forward-Looking Order Book by $4 Billion
The microchip crisis and economic uncertainty mark a 12% drop in passenger car sales in April
May 2, 2022 Posted by: Jorge Platero Categories: Featured press, Press releases In the accumulated of the year, sales of passenger cars and SUVs fell by 11.8%, with 233,509 units Registrations of light commercial vehicles fall 41% compared to April of the previous year, with 9,361 units Industrial vehicles, buses, coaches and microbuses achieve an… Continue reading The microchip crisis and economic uncertainty mark a 12% drop in passenger car sales in April
German Manager Magazin: Volkswagen opts for chips from Qualcomm001736
The car company Volkswagen has committed itself to the US chip company Qualcomm in the development of automated driving. VW will use Qualcomm’s “System on Chip” (SoC), which was specially developed for automated driving, across all brands worldwide from 2026, reports the newspaper “Handelsblatt”, citing group circles. The deal, which runs until 2031, will cost… Continue reading German Manager Magazin: Volkswagen opts for chips from Qualcomm001736
Jonathan Carrier: ZipCharge has a strong role to play in a decentralised energy future
Co-founders Jonathan Carrier (left) and Richie Sibal (right) at The British Engineering Excellence Awards 2022. Is ZipCharge planning to enter the Indian EV market?India is now playing catch up and there’s been a significant level of investment and commitment by the government towards accelerating electrification by incentivising investment towards manufacturing batteries, and towards buying EVs.… Continue reading Jonathan Carrier: ZipCharge has a strong role to play in a decentralised energy future
@Hyundai: Kia announces April 2022 global sales results
April global sales at 238,538 units, down 5.8% y/y Sales outside of Korea recorded 188,443 units, down 6.8% y/y Sales in Korea recorded 50,095 units, down 2.0% y/y Kia to continue creating sales momentum and enhancing profitability through new models, such as the Kia EV6 Kia Corporation recorded total global sales of 238,538 units in… Continue reading @Hyundai: Kia announces April 2022 global sales results
Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East
If Carlos Ghosn escaped Japanese justice by fleeing to Lebanon, he risks soon being tried in France, whether he is present or not, for abuse of corporate assets, money laundering and acts of corruption. French magistrates suspect the former CEO of the Renault-Nissan-Mitsubishi alliance of having received more than $30 million from a major distributor… Continue reading Carlos Ghosn allegedly received more than $30 million from a Renault distributor in the Middle East