VRL to sell bus division

The company plans to expand its trucks fleet VRL has announced its plans to sell  its bus division to Vijayanand Travel, a promoter entity, for Rs 230 crore in a slump sale. The transaction is subject to non-promoter approval. The development, it said in a regulatory filing, would enable VRL’s shift to being a pure-play player in… Continue reading VRL to sell bus division

Suzuki invests in Australian mobility software company

Suzuki Motor Corporation has invested in Melbourne-based Applied Electric Vehicles to accelerate the software development for next generation mobility. Applied EV is an Australian tech company that has developed a vehicle control system, based entirely on software known as the Digital Backbone, for use in electric vehicles dedicated to autonomous driving applications.  The Digital Backbone… Continue reading Suzuki invests in Australian mobility software company

2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI

Sales of two-wheelers could take about five years to return to the peak levels of 20218-19 even as the rural markets continue to struggle from the impact of Covid19, said Atsushi Ogata, managing director and CEO of Honda Motorcycle and Scooter India (HMSI).  He was speaking on the sidelines of SIAM’s 62nd annual session in Delhi. Ogata… Continue reading 2W sales may take 5 years to return to FY19 peak levels: Atsushi Ogata of HMSI

Tata Motors expects 20 percent of PV sales to be electric by FY26

In three years, Tata Motors anticipates that 20 percent of its domestic passenger vehicle sales will be made up of electric vehicles, Shailesh Chandra, managing director- passenger vehicles and electric mobility at the company said on the sidelines of SIAM’s 62nd annual session in Delhi.  He anticipates that sales of all electric vehicle models offered by… Continue reading Tata Motors expects 20 percent of PV sales to be electric by FY26

Marelli on a mission to transform the future of mobility

What is the current position with regard to restructuring, debt and other financial challenges. What is the way forward?Marelli went through a very challenging time. But I’m here to report that we very successfully completed the financial restructuring in August. That means additional investment from KKR and a reduction in our bank debt. It is… Continue reading Marelli on a mission to transform the future of mobility

Kia Niro EV

When the Kia e-Niro was launched in 2019, it made the Volkswagen Group’s grand electric plans look slightly silly. While the German group was still working on its dedicated electric platform, here was a crossover that was relatively affordable, had more range than virtually all other EVs short of a Tesla, offered a lot of… Continue reading Kia Niro EV

Opinion: Dacia Manifesto shows a budget revolution is brewing

Away from the bright lights of Pebble Beach, Monte Carlo and Knightsbridge, a revolution is quietly bubbling away, fuelled by a preoccupation with affordability, practicality and utility. Because over here in the real world, 0-62mph times and split-second torque-vectoring are rather less significant than, say, load capacity and ease of maintenance. These are far less… Continue reading Opinion: Dacia Manifesto shows a budget revolution is brewing

Q&A: What the Manifesto concept means for Dacia

The Dacia Manifesto concept car previews the brand’s new direction and a variety of technologies it intends to integrate into future models. We caught up with CEO Denis Le Vot, who detailed what the brand does differently, how it sits alongside parent company Renault and what electrification means for budget-friendly brands. What’s the main message… Continue reading Q&A: What the Manifesto concept means for Dacia

Dacia Manifesto concept is featherweight all-terrain buggy

The concept car incorporates Dacia’s ‘Bring-Your-Own-Device’ approach to infotainment, where the computing power and technology is provided by a user’s smartphone. The Manifesto introduces Dacia’s ‘YouClip’, a feature that will be offered in its future models starting with next year’s next-generation Duster. It is essentially a universal mounting point, which can house a whole host… Continue reading Dacia Manifesto concept is featherweight all-terrain buggy