Land Rover customers are being asked to surrender the right to sell their cars to private buyers outside the dealer network within the first six months of ownership. Auto Express has been made aware of two cases where customers who have ordered new Defenders have been asked to sign a document before taking delivery. The… Continue reading Land Rover customers asked not to sell cars to private buyers
Category: US Motoring Press
Vehicle lightweighting is not necessarily expensive: Venkatram Mamillapalle
As vehicle manufacturers and component suppliers innovate to meet the challenges of lightweighting in the face of global demand for more fuel-efficient vehicles and also increased range for electrified vehicles, there is ample reason to believe that the cost challenge can be overcome. With OEMs compelled to adopt alternative materials in vehicle body structures and… Continue reading Vehicle lightweighting is not necessarily expensive: Venkatram Mamillapalle
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali Over four lakh buyers drove home their dream car in a 32-day period between Navratri and Diwali this year to fulfil their personal mobility needs. On average, car retailers did a business of Rs 1,000 crore a day, with… Continue reading Car makers post record sales during peak festivals, deliver four lakh cars between Navratri and Diwali
Visteon raises 2022 sales forecast to $3.6 billion after strong Q3
Global automotive technology company Visteon today announced its third quarter financial results. At $1,026 million (Rs 8,508 crore), net sales are a year-on-year increase of 63%, or 69%, excluding the impact of currency, driven by new product launches and positive pricing due to incremental costs recoveries primarily related to semiconductor shortages. The company’s sales performance represents… Continue reading Visteon raises 2022 sales forecast to $3.6 billion after strong Q3
Demand for top automotive tech professionals on the rise
Tata Elxsi and KPIT Technologies – two of the top Indian design and technology service providers to the automotive and related industries are on a hiring spree. This is happening as a result of robust demand that has come after almost two years of stagnation due to pandemic, supply challenges among others. However, some other business… Continue reading Demand for top automotive tech professionals on the rise
5G roll out to trigger V2X-based solution in auto industry
Even as India officially entered the 5G spectrum in October of this year, Ashish Sharma, VP, Automotive, India, Capgemini, believes that the development may lead to triggering of vehicle-to-everything (V2X)- based solutions and basic V2X features with partial automation may become prevalent across India. “The auto market has already started adopting several advancements such as… Continue reading 5G roll out to trigger V2X-based solution in auto industry
Auto majors Mercedes-Benz and Ford join the exodus out of Russia; keep the back door open for re-entry if the situation cools down.
Auto majors Mercedes-Benz and Ford join the exodus out of Russia; keep the back door open for re-entry if the situation cools down. Mercedes-Benz and Ford Motors have both officially announced their exit from the Russian market on October 26. News agency Reuters reported that both companies will sell their stake in their industrial and… Continue reading Auto majors Mercedes-Benz and Ford join the exodus out of Russia; keep the back door open for re-entry if the situation cools down.
Auto majors Mercedes-Benz and Ford are the latest to announce exit from Russia, sell stock to local investors.
Auto majors Mercedes-Benz and Ford are the latest to announce exit from Russia, sell stock to local investors. Mercedes-Benz and Ford Motors have both officially announced their exit from the Russian market on October 26. News agency Reuters reported that both companies will sell their stake in their industrial and financial services divisions to a local… Continue reading Auto majors Mercedes-Benz and Ford are the latest to announce exit from Russia, sell stock to local investors.
Keynote address by Venkatram Mamillapalle at Vehicle Lightweighting Conference
Autocar Professional hosted the second edition of its annual Vehicle Lightweighting Conference on October 18 and 19 which was kickstarted by the Country CEO and MD of Renault India Operations – Venkatram Mamillapalle. Mamillapalle stressed upon the need for corporations to outline their ESG targets and measure them through individual KPIs to track progress on… Continue reading Keynote address by Venkatram Mamillapalle at Vehicle Lightweighting Conference
“We are not killing Seat,” says brand chairman
The future of Seat is safe for the time being, despite being unprofitable and positioned alongside its sibling brand Cupra’s meteoric rise. Seat chairman and Volkswagen CEO Thomas Schafer told Autocar: “We are not killing Seat. We just need to decide on its future.” The VW Group-owned Spanish brand enjoyed much success with models such as the… Continue reading “We are not killing Seat,” says brand chairman