Dr Andrew C Palmer, a Non-Executive Non-Independent Director on the board of Ashok Leyland resigned from his position on Thursday, the company informed in a regulatory filing. The Chennai- based commercial vehicle major stated that Palmer stepped down on account of personal and unavoidable reasons. He was associated with Ashok Leyland from November 2015 and held… Continue reading Andrew Palmer, Non-executive Director resigns from Ashok Leyland
Category: US Motoring Press
Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex
Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex Gurugram-based Tier 1 supplier Sona Comstar has developed and commercialised net-formed spiral bevel gears which, it claims, makes the company among the few players globally to have managed to develop this technology. The new product, company management stated, has been made using lesser steel and… Continue reading Sona Comstar commercialises net-formed spiral bevel gear, outlines Rs 1,000 crore capex
Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch
Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch As the race for the Number One position gets hotter between Hero MotoCorp and Honda Motorcycle and Scooter India (HMSI), the Japanese two-wheeler major is ramping up its dealership footprint across the country just ahead of its mass-market motorcycle launch scheduled… Continue reading Honda Motorcycle & Scooter India expands network footprint ahead of new 100 cc launch
Vehicle Identification Numbers: A VIN-Win Situation
With digitisation of taxes, registration detail, insurance and now pollution control certificates under a single window portal, the Vehicle Identification Number or VIN is now the key to the process of finding or verifying information and other matters like claims settlements by insurance companies, mortgages hypothecation or police cases details. VIN comprises 17 characters.… Continue reading Vehicle Identification Numbers: A VIN-Win Situation
Two-wheeler dealers hang hopes on wedding season sales
While the marginal recovery of two-wheeler sales may have brought back the smile at dealerships, the long-term outlook for two-wheelers, especially in the commuter segment, continues to remain grim. Rising inflation, fuel prices being relatively higher and overall consumption getting hit at the bottom of the pyramid has kept a large chunk of the overall market away. Moving… Continue reading Two-wheeler dealers hang hopes on wedding season sales
Hyundai Motor’s brand value rises 14 percent YoY in Interbrand’s Global Ranking
Hyundai Motor’s brand value rises 14 percent YoY in Interbrand’s Global Ranking Hyundai Motor Company has announced that its Interbrand global brand value rose 14 percent year-over-year to $17.3 billion in 2022. This achievement effectively places it 35th for the second straight year while marking its eighth consecutive year among the top 40 brands. The South… Continue reading Hyundai Motor’s brand value rises 14 percent YoY in Interbrand’s Global Ranking
Solaris to supply hydrogen buses to Venice
Solaris Bus & Coach, one of the leading European bus and trolleybus manufacturers, has won another order for the delivery of zero-emission vehicles to Italy. The company’s Urbino 12 hydrogen buses will cater to the residents of Venice and its surroundings, following contracts signed with carriers AVM Venezia and ACTV SPA Venezia, which provide public transport services in Venice as well as within the communes of Venice and Chioggia. The delivery of four 12-metre hydrogen-fuelled… Continue reading Solaris to supply hydrogen buses to Venice
Tech Talk: the future of in-car stereo
In the world of hi-fi, electrostatic speakers have been a thing for decades and are sought after for their clarity and low distortion compared with conventional cone speakers. Now Warwick Acoustics has incorporated the technology into car interior panels, thereby saving space, weight and energy consumption. Its Electroacoustic panels are made, it says, entirely from… Continue reading Tech Talk: the future of in-car stereo
Revealed: The 15 carmakers in Top 100 Global Brands of 2022
In today’s world of business that calls for dealing with VUCA(Volatility, Uncertainty, Complexity and Ambiguity) on a daily basis, it helps to be a brand with top-of-mind recall and market dominance. However, that calls for a lot of sustained effort, across multiple fronts, for companies and their management to keep the flag of success continually… Continue reading Revealed: The 15 carmakers in Top 100 Global Brands of 2022
Kia sells 238,660 cars worldwide in October, India share is 10%
Kia Corporation has reported total global sales of 238,660 units in October 2022, a 8.6% increase year-on-year. Kia India, which sold 23,323 units last month, contributed 10% to the Korean carmaker’s global sales tally. Given the global surge of demand for SUVs, Kia’s SUV line-up led global sales during October, with the Sportage and the… Continue reading Kia sells 238,660 cars worldwide in October, India share is 10%