FADA remains cautiously optimistic in the near term. The hike in vehicle prices by the manufacturers, the fallout of the 35 basis points (bps) increase in the repo rate by the Reserve Bank of India (RBI), may dent the confidence of two-wheeler and entry level car buyers, said the Federation of Automobile Dealers Associations (FADA).… Continue reading FADA cautiously optimistic on near term outlook for auto sales
Category: Automotive
India’s retail vehicle sales jumps 26% in November
Sales of commercial vehicles rose 32.8%, while the smallest gains were in two-wheelers and passenger vehicles, at 23.6% and 21.3%, respectively. The festive and wedding season in India helped boost the country’s total retail vehicles sales by 26% in November from a year ago, according to data from industry body Federation of Automobile Dealers Associations… Continue reading India’s retail vehicle sales jumps 26% in November
State to get India’s 1st hydrogen-powered vehicle project: CM
Triton EV is working in the field of electric vehicles as well as hydrogen vehicles. Chief minister Eknath Shinde on Thursday said there will be a huge investment in the state for making hydrogen-powered vehicles, and positive discussions have been held with the America-based Triton Electric Vehicles (EV) company to start this project. Himanshu Patel,… Continue reading State to get India’s 1st hydrogen-powered vehicle project: CM
Caterpillar develops giant battery electric mining truck
Construction machinery and equipment company Caterpillar has announced that its first battery electric 793 large mining truck had a successful demonstration. The prototype displayed its abilities on a 4.3-mile course with customers in attendance. Caterpillar reported that the prototype, loaded to capacity, reached a maximum speed of 37.3 miles per hour (60kph), travelled over half a mile up a 10% grade… Continue reading Caterpillar develops giant battery electric mining truck
Caterpillar develops giant battery electric mining truck
Construction machinery and equipment company Caterpillar has announced that its first battery electric 793 large mining truck had a successful demonstration. The prototype displayed its abilities on a 4.3-mile course with customers in attendance. Caterpillar reported that the prototype, loaded to capacity, reached a maximum speed of 37.3 miles per hour (60kph), travelled over half a mile up a 10% grade… Continue reading Caterpillar develops giant battery electric mining truck
Renault Group CEO Luca de Meo elected ACEA President for 2023
The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Luca de Meo, CEO of Renault Group as its President for 2023. As of 1 January, Mr de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. ACEA’s outgoing President,… Continue reading Renault Group CEO Luca de Meo elected ACEA President for 2023
Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA
With rising international gas prices and a frequent upward revision of domestic prices, the CNG penetration in the domestic commercial vehicle sector has witnessed a decline in the current fiscal, especially in the medium truck segment, as per the latest report. According to ICRA Ratings the CV industry has witnessed a contraction in the penetration… Continue reading Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA
Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA
With rising international gas prices and a frequent upward revision of domestic prices, the CNG penetration in the domestic commercial vehicle sector has witnessed a decline in the current fiscal, especially in the medium truck segment, as per the latest report. According to ICRA Ratings the CV industry has witnessed a contraction in the penetration… Continue reading Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA
@Ford: Limited Edition Ford GT Mk IV is the Ultimate Track-Only Ford GT, Unconstrained for Extreme Performance
As the final track-only model, the 2023 Ford GT Mk IV goes all-in to deliver the Ford GT’s highest-levels of performance, handling and advanced technology thanks to its unique engine and transmission, aerodynamic design and chassis with longer wheelbase 2023 Ford GT Mk IV features a specially engineered twin-turbo EcoBoost engine targeting more than 800… Continue reading @Ford: Limited Edition Ford GT Mk IV is the Ultimate Track-Only Ford GT, Unconstrained for Extreme Performance
The Wiesmann Project Thunderball is an EV sportscar you need to know about – British GQ
Outside of Germany, Wiesmann is barely known. A low volume, bespoke sportscar manufacturer based in country’s north, Wiesmann’s cars are ‘best kept secret’ kinda stuff. Those who know about them, adore them, those who don’t tend to assume they’re a new Morgan. That mistake isn’t too hard to make. Wiesmann’s designs are very ‘old school… Continue reading The Wiesmann Project Thunderball is an EV sportscar you need to know about – British GQ