Lack of diversity threatens future of automotive engineering

A severe lack of diversity within the automotive engineering sector, especially with regard to the representation of women, is affecting the sector’s ability to innovate as it faces up to new challenges and technologies.  That’s according to the Royal Academy of Engineering (RAE), which is pushing for more apprentices – from an array of backgrounds… Continue reading Lack of diversity threatens future of automotive engineering

New 2023 Polestar 4 is brand’s lowest-carbon car

A focus on maximum range has shaped the design, according to head of Polestar design Maximilian Missoni. This is due to the positioning of the header rail, which most cars have and is sited around the rear roof area to add rigidity and strength to the vehicle’s structure. Notably, it will not come with a rear… Continue reading New 2023 Polestar 4 is brand’s lowest-carbon car

Tesla’s electric car cost-cutting is a ‘huge gift’ for Ford

Tesla gave Ford a “huge gift” in demonstrating how to cut costs on electric car development and production, Ford CEO Jim Farley said. Ford’s Model E electric division lost $1.3 billion (£1.07bn) in the three months to the end of September as it negotiated a “challenging market” for the Ford Mustang Mach-E SUV as well… Continue reading Tesla’s electric car cost-cutting is a ‘huge gift’ for Ford

Electric Mercedes-AMG GT63 replacement due 2025 with 1000bhp

Mercedes-AMG is poised to begin advanced development of its first bespoke electric sports car, which will arrive in 2025 with innovative, UK-developed drivetrain technology that is likely to make it the firm’s most powerful road car yet.  Serving as an electric alternative to the snarling, V8- engined GT 63 4-Door Coupé, AMG’s first bespoke electric… Continue reading Electric Mercedes-AMG GT63 replacement due 2025 with 1000bhp

JLR turns to second-hand parts to clear repairs backlog

However, they are backed up by an owner’s experience of her four-year-old, diesel-powered Range Rover Evoque, which, after it broke down, was repaired by an official Land Rover dealer using second-hand parts. The owner, Laura Brannock, who lives in Castle Douglas, says her car first broke down in April. It was eventually inspected in June… Continue reading JLR turns to second-hand parts to clear repairs backlog

Hero MotoCorp’s Pawan Munjal volunteers to take 20% salary cut 

Dr. Pawan Munjal, Executive Chairman and whole time Director of Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has volunteered to reduce his fixed salary by 20%. The updated remuneration of the Executive Chairman will be effective 1 January, 2024.  Earlier this year, Dr. Munjal decided to separate the roles of Chairman and… Continue reading Hero MotoCorp’s Pawan Munjal volunteers to take 20% salary cut 

Murugappa family comes to agreement, to withdraw legal proceedings

The Murugappa family on Wednesday announced that its members have taken undertaken the necessary actions to effect the family arrangement, the terms of which had been recorded by way of a memorandum on August 20, 2023. With this, the family arrangement with the family branch of late M V Murugappan is now effective. In the upcoming… Continue reading Murugappa family comes to agreement, to withdraw legal proceedings

Royal Enfield sees 2.67 percent Y-o-Y growth in October 2023

Royal Enfield has recorded a marginal 2.67 percent year-on-year (Y-o-Y) increase in its sales at 84,435 motorcycles in October 2023 as against 82,235 motorcycles sold during the same period in the previous financial year. Sharing the October results B Govindarajan, CEO, Royal Enfield said, “With the recently launched Bullet 350 seeing an encouraging response, we are soon getting ready to… Continue reading Royal Enfield sees 2.67 percent Y-o-Y growth in October 2023

Hero MotoCorp’s net profit zooms by 47 percent for quarter ended September 2023

Despite a 1 percent year-on-year drop in total sales to 14.17 lakh units in the September quarter, Hero MotoCorp outperformed the market by posting a 47 percent increase in net profit at Rs 1,054 crore, compared to a profit of Rs 716 crore in the same period last year. Hero MotoCorp’s overall net margins increased… Continue reading Hero MotoCorp’s net profit zooms by 47 percent for quarter ended September 2023

JK Tyre to invest Rs 1,025 crore over two years for capacity expansion

JK Tyre & Industries, a leading tyre manufacturer for the auto sector, is looking to invest Rs 1,025 crore over  as part of its capacity expansion plan. In a regulatory filing, the company stated that its  Board of Directors of JK Tyre & Industries on Wednesday approved the expansion for the enhancement of tyre manufacturing… Continue reading JK Tyre to invest Rs 1,025 crore over two years for capacity expansion