The September plate-change new car market was tough. Consumer confidence was hit, demand for new cars declined and dealers pre-registered cars to meet quarterly targets. New car registrations rose 1.3% to 343,255 units. The SMMT said it was a below-par performance following the -20.5% decline in the same month in 2018, when new emissions regulations… Continue reading New car demand down, dealers use pre-registrations to meet targets
Tag: JLR
Karma Appoints New Vice President, Autonomous Driving and ADAS
VIEW ALL () x Nov 14,2019 High-Tech Incubator Leverages Autonomous Technologies in Development of New Global BEV Platform New Vice President Joins November 2019, Will Lead Karma Autonomous Driving Roadmap and Karma Silicon Valley Tech Base Key Assignment: Develop Autonomous Driving and ADAS Technology Applications for Future Product IRVINE, Calif. (November 14, 2019) – Srini… Continue reading Karma Appoints New Vice President, Autonomous Driving and ADAS
Tata Motors to raise $500 million by issuing offshore bonds
On the domestic front, Tata Motors continues to feel the heat due to economic slowdown, weak liquidity, low freight volumes and rural incomes. Mumbai: Automobile manufacturer Tata Motors said on Thursday that its board of directors has approved the pricing and tenure of 500 million dollars (about Rs 3,572 crore) fundraise through bonds to be… Continue reading Tata Motors to raise $500 million by issuing offshore bonds
Tata Communications to accelerate development in connected cars with Microsoft Connected Vehicle Platform
IoT connectivity and network insights through Tata Communications MOVE™ will safeguard data, help manufacturers introduce new in-vehicle services more quickly and ensure seamless user experiences for drivers Tata Communications, a global digital infrastructure provider, is working together with Microsoft to help speed up the development of new innovative connected car applications. By combining the IoT… Continue reading Tata Communications to accelerate development in connected cars with Microsoft Connected Vehicle Platform
California Reshapes EV Rebate Program; Excludes EVs Over $60,000
High-income earners need not apply. As of December 3rd, 2019, California’s Clean Vehicle Rebate Program (CVRP) is undergoing some significant changes. EV Incentive News The reshaping makes it pretty clear that the goal is to use the available funds to better serve low to moderate-income individuals and families, while reducing the number of rebates issued… Continue reading California Reshapes EV Rebate Program; Excludes EVs Over $60,000
Dealers pass through Electric Vehicle Approved scheme
The number of dealers who have passed through the Electric Vehicle Approved scheme has now reached 50. The scheme, endorsed by the Office for Low Emission Vehicles (OLEV), was launched by the National Franchised Dealers Association (NFDA) in May. The scheme aims to recognise expertise in the electric vehicle sector and promote industry standards for… Continue reading Dealers pass through Electric Vehicle Approved scheme
Martinrea International Inc. Reports Record Third Quarter Results and Declares Dividend
TORONTO, Nov. 12, 2019 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the third quarter ended September 30, 2019 and that it has… Continue reading Martinrea International Inc. Reports Record Third Quarter Results and Declares Dividend
Carlos Tavares: CEO of Groupe PSA – CAR Magazine
► PSA chief Carlos Tavares interview► He faces the CAR Inquisition► ‘I learnt business from Carlos Ghosn’ There’s a worrying trend in the motor business to appoint ‘non car guys’ to the top jobs. Some analysts say car guys are too nerdy. Hearts may rule heads. Forget petrol flowing through your veins; what you need are dollars flowing… Continue reading Carlos Tavares: CEO of Groupe PSA – CAR Magazine
James May Says Cars Deserve To Be Electric, It’s Happening
Whether we like it or not, EVs are the better option. We ask ourselves, is James May suddenly all about electric cars since he just bought a Tesla Model S or does he really believe in the technology? The answer doesn’t really matter, though it’s the latter, which was likely fully realized due to the… Continue reading James May Says Cars Deserve To Be Electric, It’s Happening
Jaguar Land Rover parent Tata approaches BMW, Geely in search for partners
Tata Group, the owner of Jaguar Land Rover, has approached carmakers including China’s Zhejiang Geely Holding Group Co. and BMW AG as it seeks partnerships for the beleaguered British automotive business, people with knowledge of the matter said. India’s largest conglomerate has said it’s open to finding partners for JLR to save on costs and… Continue reading Jaguar Land Rover parent Tata approaches BMW, Geely in search for partners