Schaeffler India, an industrial and automotive supplier, today announced the appointment of Seshan Iyer as President of the Industrial business. Iyer brings over 29 years of experience with various organisations in the Industrial Business domain. His last role was with Bonfiglioli Transmission as Vice President, Sales and Marketing, where he was responsible for steering the Industrial… Continue reading Schaeffler India appoints Seshan Iyer as President of Industrial business
Category: US Motoring Press
57 MoUs with 27 companies under the PLI Scheme for speciality steel to generate over 60000 jobs, sates Minister Jyotiraditya Scindia
57 MoUs with 27 companies under the PLI Scheme for speciality steel to generate over 60000 jobs, sates Minister Jyotiraditya Scindia India’s steel industry is poised to lead global growth as the nation emerges as an epicentre for the sector’s evolution, according to the Minister of Civil Aviation and Steel, Jyotiraditya M. Scindia. Addressing the Ministry… Continue reading 57 MoUs with 27 companies under the PLI Scheme for speciality steel to generate over 60000 jobs, sates Minister Jyotiraditya Scindia
Cheap charging cables putting EV owners at risk
Electric car owners are putting themselves at risk by buying cheap charging cables that may not be fit for purpose, an electrical safety charity has warned. Electrical Safety First identified three EV charging cables that in tests risked overheating and causing an electric shock. They were available on Amazon Marketplace and eBay. Following the charity’s investigation, the… Continue reading Cheap charging cables putting EV owners at risk
JSW Group says its plans for EVs remain on track
Sajjan Jindal-led JSW Group, claims that its plans for electric vehicles remain on track as specifics are being ironed out. “It is being worked out,” said Jayant Acharya, Deputy MD and board member at JSW Steel, a flagship company of the diversified US$ 22 billion JSW Group. He did not go into additional detail about… Continue reading JSW Group says its plans for EVs remain on track
Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023
Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023 Toyota Kirloskar Motor (TKM), which produced 166,690 cars and SUVs and sold 173,245 units in FY2023, is to expand its manufacturing plant output by a minimum of 20-30 percent. Production is likely to double to over 320,000 units in the… Continue reading Toyota Kirloskar Motor to expand plant output by 20-30%, add third shift from May 2023
Hyundai Motor Group to build lunar rover
Hyundai Motor Group today announced that it has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. In July 2022, the Group signed a joint multilateral research agreement with six Korean research institutes in the aerospace sector to run and support a consultative body to develop a mobility solution for… Continue reading Hyundai Motor Group to build lunar rover
Stellantis recalling Ram, Jeep vehicles over stalling
Stellantis is recalling more than 177,000 Jeep and Ram vehicles for separate issues that can lead to stalling and an increased crash risk, according to information posted on the website of the National Highway Traffic Safety Administration. The larger of the two recalls involves 131,700 2021 Ram 1500 vehicles equipped with 5.7-liter eTorque engines. “The… Continue reading Stellantis recalling Ram, Jeep vehicles over stalling
Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
Tesla’s profit fell sharply in the first three months of the year after it cut the prices of its electric vehicles, the company said on Wednesday. The carmaker, led by Elon Musk, said it had made $2.5 billion in the first quarter, a drop from $3.7 billion in the last three months of last year… Continue reading Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices
Jaguar Land Rover to go pure-electric with next Velar, Evoque, and Discovery Sport
Jaguar Land Rover has revealed that it will further accelerate its push into zero-emissions motoring by abandoning plans to make combustion-engined versions of its next-gen Evoque, Velar and Discovery Sport. As part of a £15billion investment over the next five years, JLR (as Jaguar Land Rover is rebranding itself) has announced that it is reconfiguring… Continue reading Jaguar Land Rover to go pure-electric with next Velar, Evoque, and Discovery Sport
Automaker Stellantis hires ex-Adidas, grocery executive as CFO
The logo of Stellantis, the world’s fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, is seen at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. Massimo Pinca | Reuters Stellantis on Wednesday said it has hired the chief financial… Continue reading Automaker Stellantis hires ex-Adidas, grocery executive as CFO