Not a right time to implement next stage of emission norms: Maruti Suzuki

Auto industry body SIAM has also sought postponement of CAFE Phase II regulations, which are set to come into force from next year, to April 1, 2024 but are yet to hear from the government regarding the demand. New Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) has said the implementation of the next… Continue reading Not a right time to implement next stage of emission norms: Maruti Suzuki

EV shift puts engine jobs on chopping block in Japan and Germany

TOKYO — For decades, the internal combustion engine has powered cars and household incomes worldwide. Now, the future of jobs making thousands of engine components looks as murky as that of the technology itself. Driven in part by government policy, the global shift to electric vehicles will affect hundreds of thousands of automotive jobs in… Continue reading EV shift puts engine jobs on chopping block in Japan and Germany

Chip shortage may dampen auto industry’s festive fervour: ED, M&M

“Besides, resurgence of a COVID third wave continues to be of concern. This upcoming festive season will be very strong from the demand point of view but pretty uncertain from the supply side,” Rajesh Jejurikar, executive director, M&M, said. New Delhi: The ongoing global chip crisis may douse the approaching festive season sparkles as the… Continue reading Chip shortage may dampen auto industry’s festive fervour: ED, M&M

India takes diplomatic route to drive Motown out of the chip mess

SIAM had requested the MEA to highlight the shortages through Indian embassies in Germany, the US, Japan and Taiwan so that global suppliers in these countries allocate adequate volumes to Indian automakers. Diplomacy has moved into top gear as the chips are down – more literally than you think – in India’s Motown. New Delhi… Continue reading India takes diplomatic route to drive Motown out of the chip mess

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach

Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation

Under the agreement, Hyundai Motor will supply PEMFC fuel cell systems and provide technical support while Hyundai Electric will develop and commercialize a fuel cell-based power generation package which includes mobile generators and AMP supply systems. Hyundai Electric will also explore a variety of business models for marketing the new package in Korea and abroad,… Continue reading Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation

Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

India’s largest carmaker, Maruti Suzuki India’s Q1 margins hit multi-quarter lows and the Q1FY2022 profit slipped significantly from Q4FY2021 due to rising raw material prices.  MSIL’s Q1FY2022 net revenue came in at Rs 16,798.7 crore compared to Rs 3,677.5 crore revenue recorded in Q1FY2021. The jump seems significant on account of a lower base in… Continue reading Maruti Suzuki India’s Q1 margin hit due to rising commodity prices

@Toyota: Suzuki and Daihatsu Join Commercial Japan Partnership for Dissemination of CASE Technologies in Mini-commercial Vehicles

Suzuki Motor Corporation (Suzuki) and Daihatsu Motor Co., Ltd. (Daihatsu) announced that they joined the Commercial Japan Partnership (CJP) commercial vehicle project today to accelerate their carbon neutrality initiatives in minivehicles through the dissemination of CASE technologies and services. As part of their participation in the project, Suzuki and Daihatsu are to each acquire 10… Continue reading @Toyota: Suzuki and Daihatsu Join Commercial Japan Partnership for Dissemination of CASE Technologies in Mini-commercial Vehicles

Read Motor Group acquires Beechdale Motor

Read Motor Group has acquired Derby-based Beechdale Motor Group for an undisclosed sum. Beechdale has been in business since 1982, operated by John Oldfield. It holds the Hyundai, Alfa Romeo and Jeep franchises. Accounts filed at Companies House saw it deliver pre-tax profits of £266,875 on turnover of £29.9m in the year to October 2020.… Continue reading Read Motor Group acquires Beechdale Motor