As the Indian automotive industry gears up to resume operations with the government announcing relaxations for some small-scale sectors from April 20, ensuring a seamless supply chain is going to be a big challenge for OEMs and suppliers. Also, while companies are working on ‘restart manuals’ to practice the new normal and adhere to social… Continue reading Toyota Kirloskar Motor’s Vikram Gulati: ‘The biggest challenge now is going to be around the supply chain.’
Tag: Strategy
Hyundai utilising Covid-19 lockdown to finalise upcoming cars
NEW DELHI: When it comes to automakers leading the charge in fight against Covid-19, Hyundai Motor India has been proactive in supporting governments in more ways than one. Hyundai is also making full use of the lockdown to finalise the products in the pipeline, a top company official said on Saturday. From helping its employees… Continue reading Hyundai utilising Covid-19 lockdown to finalise upcoming cars
@Tata-JLR: JAGUAR LAND ROVER REPORTS FISCAL 2019/20 RETAIL SALES
Jaguar Land Rover is the UK’s largest automotive manufacturer, built around two iconic British car brands. Land Rover is the world’s leading manufacturer of premium all-wheel-drive vehicles. Jaguar is one of the world’s premier luxury marques, as well as being the first ever brand to offer a premium all-electric performance SUV, the Jaguar I-PACE. At… Continue reading @Tata-JLR: JAGUAR LAND ROVER REPORTS FISCAL 2019/20 RETAIL SALES
Ola opens its tech platform to Indian government to combat coronavirus crisis
As India scrambles to keep its citizens safe from the coronavirus, local ride-hailing giant Ola has stepped up to help. The Indian firm has made its technology platform — which is capable of, among other things, conducting real-time tracking and navigation and managing crowds — available to the federal and state governments at no cost.… Continue reading Ola opens its tech platform to Indian government to combat coronavirus crisis
Toyota North America Announces Executive Changes
PLANO, Texas, April 17, 2020 /PRNewswire/ — Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) announced executive changes that further strengthen the companies’ leadership in key areas. Holly Walters, president and chief executive officer of Toyota Financial Savings Bank (TFSB) is promoted to chief information officer and group vice president of information systems for… Continue reading Toyota North America Announces Executive Changes
Burgess Norton Selected by Tenneco to Supply Powertrain Components
GENEVA, Ill., April 16, 2020 /PRNewswire/ — Burgess Norton (BN) announced today that the company has reached agreement with Tenneco Inc. to provide its full range of piston pin technology and bearing surface finish solutions for the Tenneco Powertrain Business Group. Tenneco is a world leader in gasoline and diesel engine piston technologies. “This agreement is… Continue reading Burgess Norton Selected by Tenneco to Supply Powertrain Components
@Groupe PSA: PEUGEOT CONCEPT-CARS Laboratories for ideas
For PEUGEOT, a concept car is not a free exercise in style. It is part of a real brand strategy. It is a heightened vision of its image, it nourishes and inspires its stylistic and technological vision in the long term. It is the equivalent of haute couture versus ready-to-wear in the fashion world. PEUGEOT… Continue reading @Groupe PSA: PEUGEOT CONCEPT-CARS Laboratories for ideas
Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry
Brussels, 16 April 2020 – As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association (ACEA) has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent. “It is in Europe’s interest… Continue reading Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry
Goodyear Provides Preliminary First Quarter Results, Business UpdateApr 16, 2020AKRON, Ohio, April 16, 2020 – The Goodyear Tire & Rubber Company today…
— Company completes refinancing of $2.0 billion U.S. revolving credit facility, extending maturity to 2025 — Announces global cost mitigation actions in response to rapidly changing business environment — Sees first quarter results significantly affected by COVID-19; volume down 18% versus last year — Temporarily suspends quarterly dividend, reduces 2020 capital expenditures to further enhance… Continue reading Goodyear Provides Preliminary First Quarter Results, Business UpdateApr 16, 2020AKRON, Ohio, April 16, 2020 – The Goodyear Tire & Rubber Company today…
Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis
The ongoing pandemic of Covid19, it seems, has come as an opportunity for Bharat Forge. Part of the $ 3 billion Kalyani Group, Bharat Forge envisages some strategic structural changes in the automotive supply chain in a post -Covid19 world, where OEMs, in order to mitigate uncertainties, will be looking forward to diversifying their component… Continue reading Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis