Tag: Tata

German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

The automaker Volkswagen wants to gradually get out of the business with combustion cars. “In Europe, we will exit the combustion vehicle business between 2033 and 2035, into the United States and China a little later, “said VW sales director Klaus Zellmer the” Münchner Merkur “(Saturday edition).” In South America and Africa, due to the… Continue reading German Manager Magazin: Volkswagen: Planned for combustion engines in Europe by 2035000900

Tata Motors’ Guenter Butschek to step down on June 30, will continue as consultant for FY2022

Tata Motors has announced that Guenter Butschek will be stepping down from his role as CEO and MD from June 30, 2021. Butschek had informed his desire to relocate to Germany at the end of the contract for personal reasons but will continue as a consultant to the company till the end of this fiscal… Continue reading Tata Motors’ Guenter Butschek to step down on June 30, will continue as consultant for FY2022

Tata chief Chandrasekaran warns world won’t return to pre-Covid norms

The pandemic has changed the nature of work, accelerating the adoption of digital technologies by at least a decade and ushering in a hybrid model, the head of India’s biggest private-sector employer told the Qatar Economic Forum. Earlier on Tuesday, acting Qatari finance minister Ali Al Kuwari said the Gulf nation won’t need to return… Continue reading Tata chief Chandrasekaran warns world won’t return to pre-Covid norms

Jaguar Land Rover aluminium supplier could fold ‘within days’

Metal component supplier Liberty Aluminium Technologies (LAT) is holding talks with lenders to avoid imminently falling into administration – representing a supply threat to its main client, Jaguar Land Rover. LAT, a division of the GFG Alliance, run by industrialist Sanjeev Gupta, operates three sites, employs 250 people in the UK and is widely reported to be… Continue reading Jaguar Land Rover aluminium supplier could fold ‘within days’

Caura Raises $4.2M in Seed Funding

Caura, a London, UK-based vehicle management platform, raised $4.2m in seed funding. The round was led by TwinFocus Capital Partners, with participation from InMotion Ventures (the CVC arm of Jaguar Land Rover), Road Ventures, Pareto Holdings and Quiet Capital, as well as Jon Oringer, founder of Shutterstock, Antony Sheriff, former CEO of McLaren Automotive, and… Continue reading Caura Raises $4.2M in Seed Funding

@Tata-JLR: Caura raises $4.2m seed round to reduce stress and expense of driving in the UK

Funding from TwinFocus Capital Partners, InMotion Ventures, Road Ventures, Pareto Holdings and Quiet Capital, and, alongside notable angels, sets up vehicle management startup to expand product offerings and grow team Caura – a vehicle management platform which eliminates the avoidable hassle, stress, and expenses associated with driving in the UK, has raised $4.2 million to expand… Continue reading @Tata-JLR: Caura raises $4.2m seed round to reduce stress and expense of driving in the UK

Audi to launch final combustion car in 2026, report says

Audi bosses have reportedly agreed a plan that will result in the brand launching its final combustion-engined car as soon as 2026.  According to a report from German publication Süddeutsche Zeitung, Audi CEO Markus Duesmann presented the new electrification timeline to the board of management yesterday (17 June).  The news is expected to be made official… Continue reading Audi to launch final combustion car in 2026, report says

Ficosa targets selling 25 million rear-view cameras by 2028

Ficosa has reached a new milestone selling more than 6 million rear-view cameras. The company began marketing this solution in 2014 and sales have nearly doubled in the past three years. The company targets selling more than 25 million rear-view cameras by 2028. Ficosa’s list of customers include major brands in the automotive sector, such as… Continue reading Ficosa targets selling 25 million rear-view cameras by 2028