Continental investigates cyberattack after report says data up for sale

Last week it said a cyberattack it reported in August had resulted in some data being stolen from the company. Continental on Tuesday said it was investigating the theft of company data in a cyberattack but declined to comment on media reports that hackers had put the information up for sale. The tyre and automotive… Continue reading Continental investigates cyberattack after report says data up for sale

Jaguar Land Rover CEO Thierry Bollore resigns

Jaguar Land Rover Chief Executive Officer Thierry Bollore has today announced his resignation from the company for personal reasons, leaving on 31st December 2022. The announcement was made in a regulatory filing this evening. Bollore had been appointed CEO of the Tata Motors-owned luxury carmaker on July 28, 2020. Mr Bolloré said: “I am immensely… Continue reading Jaguar Land Rover CEO Thierry Bollore resigns

High raw material and commodity price impacts the automobile industry in Q2

It is no secret that the recent spike in the costs of commodities and raw materials have put pressure on auto and auto components companies’ bottom line during Q223. Companies tried to offset this cost by increasing the price of the end products. But market conditions and competition meant that they could not pass it… Continue reading High raw material and commodity price impacts the automobile industry in Q2

High raw material and commodity price impacts the automobile industry in Q2

It is no secret that the recent spike in the costs of commodities and raw materials have put pressure on auto and auto components companies’ bottom line during Q223. Companies tried to offset this cost by increasing the price of the end products. But market conditions and competition meant that they could not pass it… Continue reading High raw material and commodity price impacts the automobile industry in Q2

High raw material and commodity price impacts the automobile industry in Q2

It is no secret that the recent spike in the costs of commodities and raw materials have put pressure on auto and auto components companies’ bottom line during Q223. Companies tried to offset this cost by increasing the price of the end products. But market conditions and competition meant that they could not pass it… Continue reading High raw material and commodity price impacts the automobile industry in Q2

PMV Electric launches two-seater electric car at Rs 479,000

Mumbai-based electric vehicle start-up PMV Electric has unveiled its two-seater microcar called EaS-E. Launched at a starting price of Rs 479,000, the EaSE now becomes the most affordable electric car in India. At this introductory price, the PMV electric two-seater is Rs 370,000 cheaper than the 315km-range Tata Tiago EV which, at Rs 849,000, was till now… Continue reading PMV Electric launches two-seater electric car at Rs 479,000

PMV Electric launches two-seater electric car at Rs 479,000

Mumbai-based electric vehicle start-up PMV Electric has unveiled its two-seater microcar called EaS-E. Launched at a starting price of Rs 479,000, the EaSE now becomes the most affordable electric car in India. At this introductory price, the PMV electric two-seater is Rs 370,000 cheaper than the 315km-range Tata Tiago EV which, at Rs 849,000, was till now… Continue reading PMV Electric launches two-seater electric car at Rs 479,000

Automotive Differential Market worth $23.7 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 15, 2022 /PRNewswire/ — Automotive Differential Market is projected to grow at a CAGR of 3.5% during the forecast period, from an estimated market size of USD 20.0 billion in 2022 to USD 23.7 billion by 2027, according to a new report by MarketsandMarkets™.  Browse and in-depth TOC on “Automotive Differential Market”  240 – Tables 54… Continue reading Automotive Differential Market worth $23.7 billion by 2027 – Exclusive Report by MarketsandMarkets™

Utility Vehicle Market to grow by 9300 thousand units by 2026, segmentation by Type and Geography – Technavio

NEW YORK, Nov. 15, 2022 /PRNewswire/ — The utility vehicle market is set to grow by 9300 thousand units between 2021 and 2026 according to Technavio’s latest market research report estimates. Factors such as an increase in penetration of AWD and 4WD vehicles, rising demand for utility vehicles, and government rules to support driving utility vehicles… Continue reading Utility Vehicle Market to grow by 9300 thousand units by 2026, segmentation by Type and Geography – Technavio

Phinergy will present a Tata Motors passenger vehicle prototype, powered by Phinergy’s aluminum-air battery, at the largest automobile exhibition in India

  Tata Motors is one of the leading and largest car manufacturers in the world, with an annual turnover of approx. US$ 35B   The car will be displayed at the booth of IOP, the joint venture of Phinergy and Indian Oil Corporation   Auto Expo India is one of the most significant exhibitions in… Continue reading Phinergy will present a Tata Motors passenger vehicle prototype, powered by Phinergy’s aluminum-air battery, at the largest automobile exhibition in India