TOKYO — Nissan Motor and Mitsubishi Motors plan to launch an electric minicar as early as next year that will cost consumers less than 2 million yen ($18,400) with subsidies, close to the price of a conventional gasoline car. The alliance partners are jointly developing a so-called kei car with a common platform and battery… Continue reading Nissan and Mitsubishi to roll out electric minicar for under $18,000
Tag: Suzuki
Production incentive schemes to increase India’s manufacturing output by $520 billion: PM Modi
NEW DELHI: Prime Minister Narendra Modi said on Friday that production-linked incentive (PLI) schemes, aimed at boosting domestic manufacturing and exports under the ‘Make in India’ and Atmanirbhar Bharat programme, are expected to increase India’s manufacturing output by over half a trillion dollars over the next five years across sectors such as electronics, pharmaceuticals, automobiles… Continue reading Production incentive schemes to increase India’s manufacturing output by $520 billion: PM Modi
Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer
Electrification is fast becoming the dominant force of change in the automotive industry the world over. And though the need for the shift towards electric mobility is undisputed, the ‘how’ and ‘when’ do throw up plenty of debate. At Autocar Professonal’s EV Forum, held on February 22-23, Dr Andy Palmer, Chairman, Switch Mobility and former… Continue reading Industry, not policies, should decide the path of e-mobility: Dr Andy Palmer
Experts at SIAM webinar discuss end-of-life vehicle recycling and Scrappage Policy
In light of the recent budget announcement on Vehicle Scrappage Policy and expectations on various policy regulations and notifications, the Society of Indian Automobile Manufacturers (SIAM) hosted its 10th Lecture Series virtually on the theme of ‘Imperatives of ELV Recycling: Indian ELVs Guidelines & Basel Ban Amendment 2019’. With a focus on sustainable material management and… Continue reading Experts at SIAM webinar discuss end-of-life vehicle recycling and Scrappage Policy
Indian state’s hiring rule spells disaster, industry group warns
Haryana’s rule affects firms including India’s biggest carmaker Maruti Suzuki and business process outsourcing firms such as Genpact. By Sankalp Phartiyal and Aditi Shah NEW DELHI: India’s northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle… Continue reading Indian state’s hiring rule spells disaster, industry group warns
Maruti Vitara Brezza breezes to 600,000 sales in five years
The Maruti Vitara Brezza, the game-changing SUV which was launched at the Auto Expo in March 2016, has zipped past the landmark 600,000-unit sales mark. The sales journey to this has taken five years. The Brezza had surpassed the half-a-million or 500,000 sales milestone in January 2020, which means the next 100,000 sales have come… Continue reading Maruti Vitara Brezza breezes to 600,000 sales in five years
Industry leaders wary of job quota in pvt sector, say skill set a worry
According to industry bodies, around 75% workforce in the automotive sector, 90% in the garment and apparel industry, 80% in IT & ITeS, 50% in retail and 85% in the construction sector are from outside Haryana. Gurgaon: The new Haryana law reserving 75% of private sector jobs for the state’s residents will impact the allied… Continue reading Industry leaders wary of job quota in pvt sector, say skill set a worry
Maruti Suzuki clocks 4,000 service outlets, intensifies focus on rural markets
Passenger vehicle market leader Maruti Suzuki India, which has a near-50 percent share in the April 2020 to January 2021 period, is making strides in aftersales as well. The company has accomplished the milestone of setting up 4,000 service touch-points across India, with its workshops split under four categories. Maruti-authorised dealer workshops comprise the maximum… Continue reading Maruti Suzuki clocks 4,000 service outlets, intensifies focus on rural markets
Lumax to localise HVAC panel for global carmaker in India
Lumax Industries, one of India’s leading Tier-1 component manufacturers, is currently working with a leading global OEM to localise the carmaker’s Heating, Ventilation & Air-Conditioning panel (HVAC) product line. It is also in advanced stages of talks with other OEMs for similar products. It is believed that the carmaker is Japanese. Lumax’s HVAC panel business, which has been delayed due to the pandemic, is likely to go on stream from the second… Continue reading Lumax to localise HVAC panel for global carmaker in India
Tuesday Morning Auto News, Mar 02, 2021
Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021