Volvo Cars to promote Jyoti Malhotra as MD for India operations

During his previous stints, Malhotra has worked with Fiat India, Maruti Suzuki, and most recently with Mahindra & Mahindra (M&M) as vice president sales. New Delhi: Swedish luxury car maker Volvo Cars is to promote Jyoti Malhotra as managing director of its Indian operations from his current role as director, sales, marketing and PR. Malhotra… Continue reading Volvo Cars to promote Jyoti Malhotra as MD for India operations

French auto and electronics firms to work on improving supply chain glitches

Last week carmakers Renault and Stellantis said they had both suspended car production at several factories as they grappled with a worldwide shortage of crucial semiconductors. PARIS: French companies from the automobile and electronics sectors will be working together in the near-term to improve and fix supply chain glitches that have hit the country’s car… Continue reading French auto and electronics firms to work on improving supply chain glitches

Fiat Chrysler and Peugeot Approve a Merger They Need to Survive

Shareholders of Fiat Chrysler Automobiles and PSA, the French maker of Peugeot, Citroën and Opel cars, voted on Monday to merge in an effort to acquire the scale necessary to survive in an industry gripped by technological change and pummeled by the pandemic. The new company, to be called Stellantis, will employ 400,000 people and… Continue reading Fiat Chrysler and Peugeot Approve a Merger They Need to Survive

German Automakers Are Charged Up and Ready to Take on Tesla

Next year, Mercedes, a division of Daimler, will introduce the EQS, a battery-powered counterpart to the company’s top-of-the-line S-Class. The EQS, which will cost more than $100,000, will be the first vehicle built with Mercedes’s so-called electric vehicle architecture, the same idea as Volkswagen’s modular toolbox. Daimler says the EQS will be able to travel… Continue reading German Automakers Are Charged Up and Ready to Take on Tesla

With NEOLINE, the Michelin Group’s logistics is on the rise

With NEOLINE, the Michelin Group’s logistics is on the rise A commitment to transport pneumatic tires on the Halifax (Canada) / Saint-Nazaire – Montoir de Bretagne (France) line, as soon as the first cargo sailboat was commissioned. A test initiative to help decarbonize Michelin’s logistics operations. Michelin chooses the French start-up NEOLINE, offering carbon-free shipping… Continue reading With NEOLINE, the Michelin Group’s logistics is on the rise

Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo

Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo

EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups

Brussels, 11 February 2021 – Carmakers, environmentalists and consumer groups are calling on the EU to set ambitious targets per country for the deployment of electric vehicle charging points. In a common letter today, the European Automobile Manufacturers’ Association (ACEA), Transport & Environment (T&E) and the European Consumer Organisation (BEUC) asked the EU climate, transport,… Continue reading EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups

2021 Ford Ranger Tremor pickup delivers off-road performance and value

The off-road trails will be a bit more crowded this spring, because the 2021 Ford Ranger Tremor pickup is about to hit the road. Boasting more ride height, Fox off-road shocks and more, the Ranger is Ford’s answer to off-road pickup models like the Chevrolet Colorado ZR2, Jeep Gladiator Mojave, Nissan Frontier Pro-4X and Toyota Tacoma… Continue reading 2021 Ford Ranger Tremor pickup delivers off-road performance and value

Toyota boosts profit forecast 34% after sales recovery in China, US

TOKYO — Toyota Motor on Wednesday revised its full-year net income forecast through March to 1.9 trillion yen ($18.1 billion), up 33.8% from its last prediction in November and down 6.7% from the previous year, as the Japanese car giant expands its robust sales momentum in the wake of COVID-19 despite the industry being shaken… Continue reading Toyota boosts profit forecast 34% after sales recovery in China, US