Uber and Sun Mobility to deploy E-Three Wheeler in India | The Auto World this Week

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World Auto Forum connects the Auto Industry in 125 Countries. WAF gets you the important auto news of the week from India and round the world!



INDIA AUTO NEWS

Uber and Sun Mobility come together to deploy e-three wheeler in India
Chetan Maini-led Sun Mobility and ride hailing application Uber Technologies on Wednesday announced their partnership

 
Hyundai eyes pole position in Indian SUV market, to boost production at Chennai plant
If the writing on the wall wasn’t clear earlier, Hyundai Motor India is drawing circles around it for the world to see — the South Korean auto giant wants pole position in the Indian SUV segment…

Amid auto slump, components sector sees 8-10 lakh job cuts
The decline in growth in the auto industry over the past 11 months has affected the components industry as well. It has resulted in the laying off of 8-10 lakh contract employees in recent months in the auto parts sector…

Tata Motors Q1 loss doubles to ₹3,680 crore on JLR woes
Tata Motors Ltd (TML) has nearly doubled its consolidated net loss in the June quarter weighed down by woes at its Jaguar Land Rover (JLR) unit…





 
ALEN Experts Panel 1: Fast Evolving Regulatory Landscape : CCI, New Safety Rules. MV Amendment Bill, BS-6 : Challenges, Caveats, Opportunities for Business & Competitive Advantage



GLOBAL AUTO NEWS

The electric car revolution is coming. This is what has to happen first
when a major automaker unveils an electric car it gets a lot of press. That’s because electric cars are cool, special and futuristic...
Tesla needs more time to turn profit; founding engineer steps down
Tesla Inc (TSLA.O) on Wednesday pushed back its profit timeline once again after missing financial targets in the second quarter, while announcing that the pioneer of the company’s electric batteries…

Toyota to invest $600 million in China’s Didi, new JV to develop mobility services
Toyota Motor Corp said on Thursday it will invest $600 million in Chinese ride-hailing giant Didi Chuxing as well as a new joint venture as the companies…

VW Group profit rises 30% as SUV push pays off
Volkswagen Group’s second-quarter operating profit rose 30 percent despite a drop in vehicle sales, helped by VW brand’s higher-margin SUVs and rising volumes at Porsche and Skoda…

Ford profit drops 86% as Europe restructuring takes a toll
Ford’s second-quarter net income plummeted 86 percent to $148 million as the automaker took special charges related to its restructuring in Europe and other markets…

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The Auto World this Week | 7 Pros inducted to ‘India’s Finest Auto CMO Club

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World Auto Forum connects the Auto Industry in 125 Countries. WAF gets you the important auto news of the week from India and round the world!

INDIA AUTO NEWS

7 Pros Inducted to India’s Finest Auto CMOs Club | Auto CMO Roundtable a HUGE Success

How Exide and Amara Raja are bucking the trend in auto sector
Together, the two account for about three-fourths of the replacement market sales that has better realizations than OEMs…



 
The CSI Journey by Subhajit Roy Head After Sales Tata Motors PVBU
 

MG Hector SUV Bookings Suspended Temporarily, 21000 Cars Booked Till Now
After receiving an overwhelming response for the HECTOR, MG Motor India today announced that it has taken a decision to halt the bookings temporarily, keeping in mind the company’s commitment…



Commercial vehicles among the worst placed in auto slowdown
Ashok Leyland Ltd announced this week a nine-day shutdown at its Pantnagar plant due to “weak demand and outlook for the industry.”…

Hero Electric looks at fivefold expansion in output capacity
Hero Electric, one of the largest electric scooter manufacturers in India by sales, plans to expand its capacity from 100,000 units per annum at present to 500,000 units as the demand…



GLOBAL AUTO NEWS

UAW president to GM: We invested in you, now invest in us
The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s president calling on the automaker to keep open plants it has slated for closure and to invest…

BMW picks ‘decisive’ Zipse as CEO to catch up with rivals
BMW (BMWG.DE) named Oliver Zipse as its new chief executive late on Thursday, praising his “decisive” qualities after the carmaker lost its edge in electric cars and ceded the premium sales crown to Mercedes under his consensus-seeking predecessor…

Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source
Carmaker Volkswagen (VOWG_p.DE) will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s (F.N) self-driving unit, a source close to the matter said on Friday, as the two carmakers deepen a global alliance to share costs…

Renault forms Chinese electric vehicles venture with Jiangling Motors
Renault has formed a joint venture partnership with Jiangling Motors Corporation Group (JMCG) to target the Chinese electric vehicles (EV) market, in a deal…
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The Auto World this Week | Top Motown Stories from India & the World

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World Auto Forum connects the Auto Industry in 125 Countries. WAF gets you the important auto news of the week from India and round the world!

INDIA AUTO NEWS

Budget 2019: Auto industry rues lack of measures to help it come out of slowdown
The industry, while welcoming government’s push to promote electric vehicles through various policy measures, also sought similar kind of incentives…

Hero MotoCorp gears up for future mobility trends with new leadership team
Hero MotoCorp, the world’s largest, on Tuesday revamped its leadership team to stay ahead of the emerging mobility trends.

Tata Motors global wholesales down 5 pc at 95,503 in June
Tata Motors Group said on Thursday its global wholesales in June including Jaguar Land Rover totalled 95,503, lower by five per cent in the year-on period. Wholesales of all Tata Motors commercial vehicles…



Hyundai Kona for Rs 25 lakh or Hyundai Creta for Rs 16 lakh: Which will save you more money in long term?
Hyundai Kona has become the talk of the town following its launch in India on July 9. Although the electric SUV has been introduced at a hefty price…

Relief for Mumbaikars amid heavy rains as auto drivers call off proposed strike
The India Meteorological Department (IMD) has forecast heavy to very heavy rainfall in Mumbai for next 24 hours and placed…



GLOBAL AUTO NEWS

Volkswagen ends Beetle production
Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed to navigate a swerve in consumer tastes…

Volvo solves autonomous revenue riddle with package deals
Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment…

Emissions rules and electrification will spur engine consolidation
A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements…

Ford enjoys June sales boom in Russia despite closing car factories
Ford enjoyed a sales boom in a falling Russian market in June despite closing two car plants as the automaker ends sales of passenger vehicles…



 
Panel Discussion on Tenets of a Successful M&A Deal at Automotive

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The Auto World this Week | Remembering Lee Iacocca, The Legend!

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World Auto Forum connects the Auto Industry in 125 Countries. WAF gets you the important auto news of the week from India and round the world!





Remembering Lee Iacocca, The Legend!
A person who came close to running for the POTUS! The Turnaround Champion! The Master Cracker-Jack salesman! The Creator of Ford Mustang…



Transform! The Next Level by Sumit Sawhney Country CEO & MD Renault India at World Auto Forum 2018
The New Age Aftermarket by S Muralidharan – President, Lucas Indian Service

INDIA AUTO NEWS

Hyundai Kona Electric to be Launched at India on July 9
Hyundai India is all set to launch Kona, the electric SUV. As per the Co, Kona shall charge as fast as a Mobile Phone….

Sales slowdown made no impact on this Maruti dealership; Here’s how
Gwalior-based Prem Motors, the eighth-largest dealership of Maruti Suzuki in India, posted a 13 per cent jump in revenue at Rs 1,975 crore last financial…



Maruti Suzuki customers get help from company in rain-hit Mumbai: Here’s what’s on offer
Maruti Suzuki has tied up with vehicle towing agencies to provide seamless 24×7 services. Maruti Suzuki says that the inventory of spare parts…

MG Hector variants and the features it offers – Which variant is best buy?
Launched at a competitive starting price of Rs 12.18 lakh, MG Hector looks promising with its grand looks, big size, ‘connected’ car tag…



GLOBAL AUTO NEWS

U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks…

Italy’s antitrust complains of ‘economic damage’ from FCA move to London
The decision by Fiat Chrysler Automobiles (FCA) to move its financial and legal offices out of Italy has caused major damage to Italian tax revenues…

Behind the plunge in China auto sales: chaotic implementation of new emission rules
SHANGHAI/BEIJING (Reuters) – Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary…

Renault HQ searched as part of Ghosn probe
Renault’s corporate headquarters in Boulogne-Billancourt near Paris on Wednesday to gather evidence for a probe into spending by former Chairman Carlos Ghosn…

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Remembering Lee Iacocca, The Legend!

Remembering Lee Iacocca, The Legend!

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by Anuj Guglani, CEO , World Auto Forum 

Lee Iacocca, the charismatic U.S. auto industry executive who gave America the Ford Mustang and was celebrated for saving Chrysler from going out of business, died at the age of 94 on July 2, 2019

Its been around 15 years, Iacocca has been out of the Professional Motown World. Philanthropy and then coping up with Parkinsons kept him busy. Yet the entire world especially the Motown feels gloomy and reminiscent on his departure!

A person who came close to running for the POTUS! The Turnaround Champion! The Master Cracker-Jack Salesman! The Creator of Ford Mustang. The person who saved Chrysler from Bankruptcy

Continue reading “Remembering Lee Iacocca, The Legend!”