Category: US Motoring Press

Eaton is bullish on e-mobility

Eaton, the New York Stock Exchange listed intelligent power management company expects its e-mobility business to become the new DNA going forward while co-existing with its current vehicle business.  Shailendra Shukla, Managing Director, Vehicle Group, Eaton India told Autocar Professional that e-mobility is being treated with separate focus at product and other levels by virtue of the apparent shift in demand towards it. “We… Continue reading Eaton is bullish on e-mobility

Group Landmark’s VW dealerships enter records books

Group Landmark-owned Volkswagen dealerships in Gujarat has etched its name in the Asia Book of Records (ABR) and India Book of Records (IBR) for ‘maximum single model Volkswagen vehicles sold by a dealer in a single day’.  Landmark Group in a statement noted that deliveries of the new Volkswagen Virtus across India commenced last month.… Continue reading Group Landmark’s VW dealerships enter records books

EV funding in the fast lane

EV sales are picking up at a fast and a furious pace and if there is another aspect of EVs that’s able to keep track, it is no doubt the investment in EVs. While retail sales of EVs hit their highest in FY2022 and just Q1 sales of FY23 account for 49 percent of FY22’s… Continue reading EV funding in the fast lane

Okinawa targets EV demand in Maharashtra, to open showroom in Navi Mumbai

Electric scooter manufacturer Okinawa Autotech is expanding its retail footprint in Maharashtra, a state which is seeing growing adoption of electric vehicles. The company, which has a range of high- and low-speed e-scooters, set to inaugurate a new Galaxy showroom in Nerul, Navi Mumbai. In what is now a trend, particularly among two-wheeler EV OEMs,… Continue reading Okinawa targets EV demand in Maharashtra, to open showroom in Navi Mumbai

Tata Motors in tie-up with Indian Bank for car loans

Tata Motors has announced that it has entered into a partnership with Indian Bank to facilitate financing for its passenger vehicle customers. This strategic partnership aims to provide customised loans from across over 5,700 branches of Indian Bank across India, the company said in a statement. As per a press note, the  financing will be available at… Continue reading Tata Motors in tie-up with Indian Bank for car loans

Chip crisis pushes OEMs to modernise car architectures: Qualcomm

The global automotive industry has suffered two years of managing production and supplies, what with the burgeoning chip shortage impacting its growth plans towards the end of 2020. The crisis still continues and while experts say the problem is nearing its end, the industry has had several hard learnings. The primary reason for the crisis… Continue reading Chip crisis pushes OEMs to modernise car architectures: Qualcomm

KPIT Technologies’ Ravi Pandit awarded honorary doctorate by Coventry University

Coventry University has awarded Ravi Pandit, Chairman and Group CEO of KPIT Technologies, the Pune-based global technology company, an honorary doctorate in recognition of his contribution to the automotive, engineering and technology sectors. In its statement, Coventry University said: “Ravi Pandit has made an important contribution to promoting UK-India business and academic relationships and is… Continue reading KPIT Technologies’ Ravi Pandit awarded honorary doctorate by Coventry University

Volvo XC 40 Recharge joins the Metaverse bandwagon

Even as the Volvo XC 40 Recharge breaks cover today, it will be the first for an automaker to debut the vehicle exclusively on Metaverse which is gaining popularity as the destination for new vehicle launches. Recently, Maruti Suzuki, MG Motors, Mahindra, and even public sector undertaking, Union Bank of India have set up virtual customer experience… Continue reading Volvo XC 40 Recharge joins the Metaverse bandwagon