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
Tag: Suzuki
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
Honda, Yamaha, KTM and Piaggio cooperating on swappable batteries for electric motorbikes
Honda, Yamaha, KTM and Piaggio have inked a deal to work together on developing swappable batteries for light electric vehicles such as electric motorcycles and scooters. The four electric motorbike manufacturers have announced the establishment of a new consortium to oversee the swappable battery development program. According to a statement announcing the agreement: “The founding… Continue reading Honda, Yamaha, KTM and Piaggio cooperating on swappable batteries for electric motorbikes
Carmakers march into last month of FY2021 on a buoyant note
Today is March 1, the beginning of the last month of fiscal year FY2021, which most businessmen, industrialists, entrepreneurs or even salaried professionals would want to forget. Nobody had ever imagined that the FY2021, which kicked in on April 1, 2020, would be a harrowing experience in the form of a Covid-19 pandemic-induced global economic… Continue reading Carmakers march into last month of FY2021 on a buoyant note
Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Brussels, 1 March 2021 – A brand new harmonised set of labels for electric vehicles and charging stations will start to be used throughout Europe as of 20 March this year, in line with the requirements of the EU Directive on the deployment of alternative fuels infrastructure (2014/94/EU). As well as appearing on charging stations,… Continue reading Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Toyota Kirloskar records ongoing fiscal’s best sales in February: 14,075
Toyota Kirloskar Motor (TKM) is coming into its own this fiscal. In February 2021, it has recorded domestic market sales of 14,075 units, its best monthly performance in the ongoing fiscal year by a fair margin. This constitutes 36% year-on-year growth (February 2020: 10,352) As per Autocar Professional’s sales statistics, TKM’s previous monthly best in… Continue reading Toyota Kirloskar records ongoing fiscal’s best sales in February: 14,075
Maruti Suzuki sells 144,761 cars in February, up 8.3%
Maruti Suzuki India has entered the last month of FY2022 on a strong note. The passenger vehicle market leader has clocked sales of 144,761 passenger vehicles, which is 8.3% year-on-year growth (February 2020: 133,702). The entry-level duo of the Alto and S-Presso has clocked numbers of 23,959 units, down 12.99 YoY (February 2020: 27,499), indicating… Continue reading Maruti Suzuki sells 144,761 cars in February, up 8.3%
@Suzuki: Feb 27, 2021 Maruti Suzuki exports cross 2 Million vehicles from India
New Delhi : Maruti Suzuki India Limited announced accomplishment of two million vehicle exports from India today. A true symbol of Government of India’s flagship Make-in-India initiative, a batch of Maruti Suzuki products comprising S-Presso, Swift and Vitara Brezza left for South Africa from the Mundra Port in Gujarat. The first million Maruti Suzuki commenced… Continue reading @Suzuki: Feb 27, 2021 Maruti Suzuki exports cross 2 Million vehicles from India
India: Maruti Suzuki, IIM Bangalore to jointly mentor 26 startups
Maruti Suzuki India Limited and the Indian Institute of Management Bangalore (IIMB) will jointly nurture and mentor 26 startups in the mobility sector through up to a nine-month long incubation program. The two organisation said the selected startups will undergo a three-month pre-incubation journey during which they will be engaged in various peer-to-peer learning activities… Continue reading India: Maruti Suzuki, IIM Bangalore to jointly mentor 26 startups
Toyota delays opening of new Myanmar plant in wake of coup
BANGKOK — Toyota Motor has decided to postpone the opening of a new plant in Myanmar amid heightened political uncertainty following the Feb. 1 coup, Nikkei Asia has learned. The plant was scheduled to open this month. As a showdown continues between the military and demonstrators, the Japanese automaker has concluded it will be difficult… Continue reading Toyota delays opening of new Myanmar plant in wake of coup