Indian state’s hiring rule spells disaster, industry group warns

Haryana’s rule affects firms including India’s biggest carmaker Maruti Suzuki and business process outsourcing firms such as Genpact. By Sankalp Phartiyal and Aditi Shah NEW DELHI: India’s northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle… Continue reading Indian state’s hiring rule spells disaster, industry group warns

Austria’s Magna helps Sony and carmakers in race for EVs

TOKYO/FRANKFURT, Germany — Magna Steyr of Austria, the world’s largest contract manufacturer of automobile bodies, is drawing attention as new entrants in the auto industry from other sectors increase amid a global shift to electric vehicles. Magna, which counts Sony among its clients, is becoming the Foxconn of the auto industry, company President Frank Klein… Continue reading Austria’s Magna helps Sony and carmakers in race for EVs

The future is connected

The role of technology has gained tremendous significance in the 21st century and many industries, businesses and communities have experienced this digital disruption first-hand. The year 2020 has been an example of how crucial technology has become in today’s ‘socially distant’ reality. The internet during this period has played a pivotal role in ensuring that… Continue reading The future is connected

Shailesh Chandra:  ‘Our entire passenger vehicle portfolio can go electric.’

Tata Motors’ tryst with electric vehicles began in 2006 with an electric Indica. Fifteen years later, it is leading the passenger vehicle segment of the small but growing EV industry. A few days before the Nexon EV celebrated its first launch anniversary, Shailesh Chandra, President – PVBU, Tata Motors spoke about scaling up the business, growth prospects… Continue reading Shailesh Chandra:  ‘Our entire passenger vehicle portfolio can go electric.’

Tata Motors expands Tiago range with new XTA variant

Tata Tiago gets AMT option in the form of the XTA, which is priced at Rs 599,000 (ex-showroom Delhi). Tata Motors has launched the new XTA variant of its Tiago hatchback, at a starting price of Rs 599,000 (ex-showroom Delhi). By adding an AMT variant to the XT trim of the existing Tata Tiago., the… Continue reading Tata Motors expands Tiago range with new XTA variant

Tesla is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley

Morgan Stanley is out with a new report stating that Tesla is losing market shares to the Ford Mustang Mach-E in the US. The firm released its February 2021 US auto sales report and they found that electric vehicle sales were up by almost 40%. Tesla still had majority market shares, but it fell compared… Continue reading Tesla is losing market shares to Ford Mustang Mach-E, according to Morgan Stanley

Tata Motors launches Signa 3118.T 3-axle 6×2 truck

Tata Motors launched its latest offering in M&HCV segment – the Tata Signa 3118.T. According to the company, this is India’s first 3-axle 6×2 (10-wheeler) rigid truck with 31-tonne Gross Vehicle Weight (GVW). The OEM says the Tata Signa 3118.T has a 3,500kg higher certified payload than the corresponding 28-tonne GVW rigid truck and equivalent cost of operations… Continue reading Tata Motors launches Signa 3118.T 3-axle 6×2 truck

Jaguar India gets 22 dealerships EV-ready ahead of I-Pace launch on March 23

Jaguar Land Rover has announced that it is gearing up its back-end operations to support the launch of its first all-electric vehicle in India – Jaguar I-Pace – which is slated for a market introduction on March 23. As a result, the company says that it is putting its efforts to supplement the electric model… Continue reading Jaguar India gets 22 dealerships EV-ready ahead of I-Pace launch on March 23