Toshihiro Suzuki, CEO of Suzuki Motor Corporation says the path towards carbon neutrality will be “defined by conditions in each country and region” and hence efforts could be made to achieve carbon neutrality “by using the right materials in the right places and finding the answer.” These remarks come from the CEO of Suzuki at… Continue reading 10 cows’ manure can power a car a day, Suzuki Biogas cars to improve Indian rural incomes, says Toshihiro Suzuki
Tag: JLR
Sajjan Jindal to buy Ford’s factory, stake in MG India
Updated On Oct 27, 2023 at 08:24 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Jindal is seen as a “best fit” partner by MG Motor as the latter faces intense pressure in getting access to funds for expanding its India business. There could very well be a formidable front opening… Continue reading Sajjan Jindal to buy Ford’s factory, stake in MG India
Electric commercial vehicle market size to grow by USD 166.58 billion from 2022 to 2027; Growing adoption of EVs for improved logistics and transportation to drive growth – Technavio
NEW YORK, Oct. 26, 2023 /PRNewswire/ — The electric commercial vehicle market size is expected to grow by USD 166.58 billion between 2022 and 2027. However, the growth momentum of the market will be progressing at a CAGR of over 26.02% during the forecast period. The market is segmented by product (LCVs, buses, and heavy and medium commercial vehicles), type (battery electric vehicle… Continue reading Electric commercial vehicle market size to grow by USD 166.58 billion from 2022 to 2027; Growing adoption of EVs for improved logistics and transportation to drive growth – Technavio
Visteon Announces Third Quarter 2023 Results
VAN BUREN TOWNSHIP, Mich., Oct. 26, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported third quarter 2023 financial results. Highlights include: Sales of $1,014 million, representing base sales growth of 9%1 18th consecutive quarter of growth-over-market 2 Net income of $66 million or $2.32 per diluted share Adjusted EBITDA of $128 million New… Continue reading Visteon Announces Third Quarter 2023 Results
JLR’s Slovakian plant to produce EVs in future
JLR has today confirmed that its state-of-the-art plant in Nitra, Slovakia, will produce electric vehicles as part of the company’s Reimagine Strategy that will see nine new electric vehicles launched by 2030. Announcing the news on the Slovakian plant’s fifth anniversary, Executive Director of Industrial Operations Barbara Bergmeier hailed the success of the plant and… Continue reading JLR’s Slovakian plant to produce EVs in future
JLR’s Slovakian plant to produce EVs in future
JLR has today confirmed that its state-of-the-art plant in Nitra, Slovakia, will produce electric vehicles as part of the company’s Reimagine Strategy that will see nine new electric vehicles launched by 2030. Announcing the news on the Slovakian plant’s fifth anniversary, Executive Director of Industrial Operations Barbara Bergmeier hailed the success of the plant and… Continue reading JLR’s Slovakian plant to produce EVs in future
Demand for synthetic lubricants to increase in five years, says Valvoline Cummins’ Sandeep Kalia
Sandeep Kalia, the Managing Director of Valvoline Cummins anticipates that the low single-digit market share of synthetic lubricants in India will rise dramatically over the next five years. According to Kalia, Valvoliine Cummins’ recent introduction of a fully synthetic lubricant—priced almost equally with mineral oil—is intended to significantly increase its uptake in India. He spoke… Continue reading Demand for synthetic lubricants to increase in five years, says Valvoline Cummins’ Sandeep Kalia
@Tata-JLR: JLR confirms Nitra’s electric future as it celebrates the plant’s 5th anniversary
About the Reimagine Strategy JLR’s Reimagine strategy is delivering a sustainability-rich vision of modern luxury by design. We are transforming our business to become carbon net zero across our supply chain, products, and operations by 2039. We have set a roadmap to reduce emissions across our own operations and value chains by 2030 through approved,… Continue reading @Tata-JLR: JLR confirms Nitra’s electric future as it celebrates the plant’s 5th anniversary
Jaguar Land Rover to electrify Nitra plant as part of EV push
JLR’s Nitra plant in Slovakia will be converted to allow production of electric vehicles by the end of the decade, securing its future as the brand pushes to launch nine EVs by 2030. The state-of-the-art plant is one of the brand’s newest, having only opened at the end of 2018 at a cost of £1.13… Continue reading Jaguar Land Rover to electrify Nitra plant as part of EV push
Q2 preview: Auto Inc to report high revenue and profitability improved prices & margin
Automobile manufacturers are likely to report good numbers for the September quarter of 2023-24 (Q2 FY24), on the backdrop of growth across segments and an offset by a marginal drop in overall two-wheeler (2W) volumes. From a demand perspective, 2QFY24 was a mixed bag as PV and CV continued to expand on a year on… Continue reading Q2 preview: Auto Inc to report high revenue and profitability improved prices & margin