Tata Motors in tie-up with Indian Bank for car loans

Tata Motors has announced that it has entered into a partnership with Indian Bank to facilitate financing for its passenger vehicle customers. This strategic partnership aims to provide customised loans from across over 5,700 branches of Indian Bank across India, the company said in a statement. As per a press note, the  financing will be available at… Continue reading Tata Motors in tie-up with Indian Bank for car loans

Chip crisis pushes OEMs to modernise car architectures: Qualcomm

The global automotive industry has suffered two years of managing production and supplies, what with the burgeoning chip shortage impacting its growth plans towards the end of 2020. The crisis still continues and while experts say the problem is nearing its end, the industry has had several hard learnings. The primary reason for the crisis… Continue reading Chip crisis pushes OEMs to modernise car architectures: Qualcomm

@niche: Sono Motors Unveils Production Design of Its ‘Sion’ Solar-Electric Passenger Car And ‘Solar Bus Kit’ For Public Transportation Fleets002036

Munich-Based Solar Mobility OEM Sono Motors Mark Two World Premieres at Its First “Celebrate the Sun” Community Event The Sion, the World’s First Solar Electric Vehicle (SEV) For the Masses, Debuted in Its Production Design All New ‘Solar Bus Kit’ Underscores the Move From Prototype Projects to a Scalable Solution Contributing to Climate Protection and… Continue reading @niche: Sono Motors Unveils Production Design of Its ‘Sion’ Solar-Electric Passenger Car And ‘Solar Bus Kit’ For Public Transportation Fleets002036

3 indicators to watch for on GM Q2 earnings day

The auto industry’s woes are far from over, but the second half of the year represents a return to planning for the future rather than responding to short-term supply chain crises. General Motors, which reports its second-quarter financial results Wednesday, is ready to roll into the third-quarter with an eye toward long-term strategy. The automotive… Continue reading 3 indicators to watch for on GM Q2 earnings day

@VW Group: Audi Production Lab: The link between an idea and high-volume production005460

Audi uses its Production Lab, or P-Lab for short, to identify new and innovative technologies and reliably integrate them into production sequences. In Gaimersheim, just a few minutes drive from the Ingolstadt plant, experts under P-Lab director Henning Löser test the suitability of trailblazing new solutions for series production. That means finding and testing innovations… Continue reading @VW Group: Audi Production Lab: The link between an idea and high-volume production005460

SkyDrive Makes Progress toward Acquiring Type Certification with Development of Composite Vehicle’s Structure by Toray Carbon Magic, and Starting Material Conformity Testing

TOYOTA, Japan, July 26, 2022 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a developer of “flying cars” (*1) and “cargo drones” headquartered in Toyota City, Aichi Prefecture, has partnered with Toray Carbon Magic Co., Ltd. (hereinafter “TCM”), based in Maibara City, Shiga Prefecture, and providing advanced carbon fiber-reinforced plastic (CFRP) products for the automotive, aerospace and other… Continue reading SkyDrive Makes Progress toward Acquiring Type Certification with Development of Composite Vehicle’s Structure by Toray Carbon Magic, and Starting Material Conformity Testing

KPIT Technologies’ Ravi Pandit awarded honorary doctorate by Coventry University

Coventry University has awarded Ravi Pandit, Chairman and Group CEO of KPIT Technologies, the Pune-based global technology company, an honorary doctorate in recognition of his contribution to the automotive, engineering and technology sectors. In its statement, Coventry University said: “Ravi Pandit has made an important contribution to promoting UK-India business and academic relationships and is… Continue reading KPIT Technologies’ Ravi Pandit awarded honorary doctorate by Coventry University

Volvo XC 40 Recharge joins the Metaverse bandwagon

Even as the Volvo XC 40 Recharge breaks cover today, it will be the first for an automaker to debut the vehicle exclusively on Metaverse which is gaining popularity as the destination for new vehicle launches. Recently, Maruti Suzuki, MG Motors, Mahindra, and even public sector undertaking, Union Bank of India have set up virtual customer experience… Continue reading Volvo XC 40 Recharge joins the Metaverse bandwagon

China’s Alibaba to apply for dual primary listing in Hong KongA new rule allows Chinese firms to seek dual primary listings in Hong Kong

Alibaba will apply for a primary listing in Hong Kong and keep its U.S. listing, the first big company to take advantage of a rule change allowing high-tech Chinese firms with dual class shares to seek dual primary listings in Hong Kong. The e-commerce giant’s move, announced on Tuesday, comes as both Washington and Beijing sharpen scrutiny over Chinese companies’ listings, and after a devastating regulatory crackdown in China left Alibaba with… Continue reading China’s Alibaba to apply for dual primary listing in Hong KongA new rule allows Chinese firms to seek dual primary listings in Hong Kong

Future Audi A3 line-up to be topped by electric RS3

Room for a little one? With the next-generation A3 primed to serve as the entry point into Audi’s new-era electric car line-up, and the current Audi A1 and Audi Q2 confirmed to bow out at the end of their life cycles, the firm looks to be following a similar path to Mercedes: abandoning low-margin entry… Continue reading Future Audi A3 line-up to be topped by electric RS3