Tyre major Ceat aims to be the number two player in the passenger car radial (PCR) tyre category in the replacement segment over the next two years on the back of better pricing power, the company said in its annual investor meeting. The company maintains its focus on B2C segments to drive growth. The Mumbai-based… Continue reading Ceat targets second-largest position in the PCR tyre segment by FY25
Tag: Hyundai
Hyundai to sell up to 17.5% stake in up to $3b India unit IPO
South Korea’s Hyundai Motor is looking to sell a stake of up to 17.5% in the planned initial public offering of its India unit to raise up to $3 billion, three sources familiar with the matter said, in what could be India’s biggest ever IPO. Hyundai is expected to file papers for the listing with the stock market… Continue reading Hyundai to sell up to 17.5% stake in up to $3b India unit IPO
Hyundai to dilute up to 17.5% stake in USD 3 billion IPO of India unit: Report
The country’s second-largest carmaker will opt for an “offer for sale” route, where no new shares will be issued, but its South Korean parent Hyundai Motor will sell part of stake in the India unit, to retail and other investors, the newswire reported, citing sources. Hyundai Motor is looking to sell a stake of up… Continue reading Hyundai to dilute up to 17.5% stake in USD 3 billion IPO of India unit: Report
Hyundai Motor India inaugurates three new dealer showrooms in Pune with Global Dealership Space Identity 2.0
Hyundai Motor India Limited (HMIL) today inaugurated three new dealer showrooms in Pune, Maharashtra, aligning with Hyundai Motor Company’s Global Dealership Space Identity (GDSI) 2.0 guidelines. The new showrooms, Kundan Hyundai (Pimpri Chinchwad), Modi Hyundai (Baner), and Kothari Hyundai (Kharadi), were inaugurated by Unsoo Kim, Managing Director, HMIL; Tarun Garg, Chief Operating Officer, HMIL, and… Continue reading Hyundai Motor India inaugurates three new dealer showrooms in Pune with Global Dealership Space Identity 2.0
Hyundai Motor India inaugurates three new dealer showrooms in Pune with Global Dealership Space Identity 2.0
Hyundai Motor India Limited (HMIL) today inaugurated three new dealer showrooms in Pune, Maharashtra, aligning with Hyundai Motor Company’s Global Dealership Space Identity (GDSI) 2.0 guidelines. The new showrooms, Kundan Hyundai (Pimpri Chinchwad), Modi Hyundai (Baner), and Kothari Hyundai (Kharadi), were inaugurated by Unsoo Kim, Managing Director, HMIL; Tarun Garg, Chief Operating Officer, HMIL, and… Continue reading Hyundai Motor India inaugurates three new dealer showrooms in Pune with Global Dealership Space Identity 2.0
New Smart #5 electric SUV packs up to 637bhp
The new Smart #5 is not just the brand’s largest model yet, but by far its most powerful, putting out more than 600bhp in its most potent guise. The new Volkswagen ID 4-rivalling crossover was shown in concept form at the Beijing motor show earlier this year, but official specifications remained under wraps. Now, the… Continue reading New Smart #5 electric SUV packs up to 637bhp
Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says
Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN HILLS, Mich. — Stellantis is correcting what CEO Carlos Tavares described Thursday as “arrogant” mistakes by himself and the company in the automaker’s U.S. operations… Continue reading Stellantis aims to correct ‘arrogant’ mistakes in U.S. market, CEO says
EV Transmission System Market Set to Total USD 53342.8 Million by 2034 Amid Rising Requirement for Lightweight and Efficient Battery Solutions
Fueled by environmental concerns and government support for electric vehicles, the global EV transmission system industry is experiencing significant growth. Asia, particularly India with its high projected CAGR, is becoming a dominant region due to its manufacturing base and government initiatives. While single-speed transmissions are currently leading the market, technological advancements in response to the… Continue reading EV Transmission System Market Set to Total USD 53342.8 Million by 2034 Amid Rising Requirement for Lightweight and Efficient Battery Solutions
U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract
Organizations reaffirm their commitment to deliver a modern commercial EHR solution to help improve care for our nation’s veterans AUSTIN, Texas, June 13, 2024 /PRNewswire/ — Oracle and the U.S. Department of Veterans Affairs (VA) will continue to work together to deliver a modern electronic healthcare record (EHR) solution that provides a secure and interoperable medical record… Continue reading U.S. Department of Veterans Affairs Extends Oracle EHR Modernization Contract
Everything you need to know about hydrogen fuel cell vehicles
Despite being heavier and larger than the first generation car, it takes just 8.7sec to travel from 0-62mph, and 25.5sec to hit 100mph. That’s thanks to a powertrain that produces 180bhp and 221lb ft of torque. However, the Mirai wasn’t cheap when it launched in 2021. It commanded a price tag of £64,995, and you… Continue reading Everything you need to know about hydrogen fuel cell vehicles