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
Category: US Motoring Press
November auto retails are India’s best ever at 2.38 million units
The resilient Indian automobile industry handled tough times with fortitude, always expecting good things to happen and the good times to return. A month before 2022 wraps up, India Auto Inc is well positioned on growth road and looking to shift gear into speed lane across segments. What has helped is a combination of growth-driving… Continue reading November auto retails are India’s best ever at 2.38 million units
November’s India auto retails hit a record high: 2.38 million units
The resilient Indian automobile industry handled tough times with fortitude, always expecting good things to happen and the good times to return. A month before 2022 wraps up, India Auto Inc is well positioned on growth road and looking to shift gear into speed lane across segments. What has helped is a combination of growth-driving… Continue reading November’s India auto retails hit a record high: 2.38 million units
Insight: how General Motors is making the switch to electric
The gleaming glass towers of the Renaissance Centre were erected in the 1970s as a key part of a plan to rejuvenate downtown Detroit. That similar urban renewal plans remain ongoing some 50 years later outlines the sheer scale of the challenge. Since 1996, the rebranded GM Rencen has been the headquarters of General Motors,… Continue reading Insight: how General Motors is making the switch to electric
Nation of innovation: creativity crucial to industry’s future
Like most other forms of transport, the car wouldn’t exist if it weren’t for innovative minds. Neither would any other kind of powered transport, for that matter. Innovators are inquisitive, creative and interested people, excited by things they see and with vivid imaginations. Without those traits, ideas would never be born, pursued and brought to… Continue reading Nation of innovation: creativity crucial to industry’s future
GM’s Barra talks economy and top issues she sees in 2023 UAW contract talks
General Motors CEO Mary Barra described it as “an incredibly interesting time” for the automaker ahead of contract negotiations with the UAW in the fall of 2023 because of two unknowns: the future of union leadership and the health of the U.S. economy. But Barra, who spoke to the media Thursday at an Automotive Press… Continue reading GM’s Barra talks economy and top issues she sees in 2023 UAW contract talks
2022 NASCAR Cup Series Champion Joey Logano visits Ford Flat Rock assembly plant
© Copyright Gannett 2022 Go to Source
1,000 salaried Ford workers retire after pension warning from automaker
Ford sent out an email to retirement-eligible salaried employees in September with a warning and a bit of advice about retiring this year to maximize a lump sum pension payment. The company confirmed Wednesday that approximately 1,000 employees elected to retire by the Dec. 1 deadline. The Ford note — subject line “Important Information Regarding… Continue reading 1,000 salaried Ford workers retire after pension warning from automaker
Ford’s top marketing exec leaves automaker
Ford announced Wednesday its global chief marketing officer, Suzy Deering, would be “departing the company” effective Thursday. No successor was named. The four-sentence news release offered no hint as to why Deering was leaving the Dearborn automaker. “Deering has served as Ford’s global chief marketing officer for the past two years, overseeing brand communication, ecommerce… Continue reading Ford’s top marketing exec leaves automaker
Whitmer announces $2M grant to support high-tech talent initiatives
Detroit — Gov. Gretchen Whitmer on Thursday announced a $2 million grant to support initiatives aimed at bolstering Michigan’s pipeline of high-tech talent. Whitmer announced the grant to MICHauto — the Detroit Regional Chamber’s automotive, mobility and technology cluster association — while speaking at a summit hosted by the organization that focused on accelerating Michigan’s… Continue reading Whitmer announces $2M grant to support high-tech talent initiatives