Bloomberg plan would make all new U.S. cars electric by 2035

Bloomberg plan would make all new U.S. cars electric by 2035

WASHINGTON (Reuters) – Democratic U.S. presidential hopeful Michael Bloomberg unveiled a plan on Friday to slash greenhouse gas emissions from transportation by making electric vehicles accessible to even low-income families and improving access to public transit.

Bloomberg, a media billionaire and former mayor of New York City, has long fought to curb emissions, serving recently as a special envoy to the United Nations on climate action.

Other Democratic candidates have included transportation in their climate plans. Bloomberg, who is putting out a suite of climate plans, is the first to issue a specific strategy on transportation, the top U.S. source of greenhouse gases.

 Bloomberg’s plan calls for all new U.S. cars to be electric by 2035, reductions of diesel pollution with electric trucks and buses, improved access to public transit, and the building of high-speed rail.

He wants to offer low and moderate-income communities a “Clean Cars for All” program with rebates for trading in old cars for electric ones.

“We’re looking to turn over the polluting stock faster,” a campaign aide said on condition of anonymity ahead of the plan’s unveiling. The aide said Bloomberg wants to help taxi and ride-share programs to electrify their fleets before 2035.

His plan does not specify where rare earth minerals would come from for the new vehicles.

Bloomberg aims to slash U.S. emissions linked to climate change by 50% by 2030 if he wins the November vote. Cutting emissions from the power sector and buildings are the other major planks of his clean economy plan.

This week Bloomberg, a late entrant into the race, introduced plans to prevent forest fires, directed in part at winning over voters in California, the most populous state, and one of 14 states holding primaries on Super Tuesday, March 3.

While California has struggled to build high-speed rail, another aide said an initial advanced rail project could be less ambitious than the state’s plan, yet still show Americans what many travelers have in other countries. “It might actually be a shorter course,” than current plans in California, he said.

Bloomberg, like other candidates, wants to reverse the policies of Republican President Donald Trump who is slashing rules on environment regulation while boosting output of fossil fuels.

But he is not putting a dollar figure on his climate plans because of the complexity of the issues, a difference from most of the other candidates.

This is an unaltered Newswire from Reuters

“You’re stealing our water”: Germans protest against Tesla gigafactory

“You’re stealing our water”: Germans protest against Tesla gigafactory

BERLIN (Reuters) – Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area.

The U.S. carmaker announced plans last November to build its first European car factory in Gruenheide, in the eastern state ofBernd Kutz, a Gruenheide local.

Politicians, unions and industry groups have welcomed the move, saying it will bring jobs to the region, but environmental concerns drove hundreds of locals to the streets on Saturday.

“We are here, we are loud, because Tesla is stealing our water,” protesters called.

Saturday’s protest came after a Brandenburg water association on Thursday warned against “extensive and serious problems with the drinking water supply and wastewater disposal” for the proposed factory.

Anne Bach, a 27-year-old environmental activist, said Tesla’s plans published earlier this month showed it would need more than 300 cubic meters of water per hour which would drain the area’s declining reserves.

“I am not against Tesla … But it’s about the site; in a forest area that is a protected wildlife zone. Is this necessary?” Bach said.

“In such an ecological system like the one here and with the background that climate is changing, I cannot understand why another location was not selected from the beginning,” said Frank Gersdorf, a member of “Citizens’ Initiative Gruenheide against Gigafactory”, a local group that organized Saturday’s protest.

Environmentalist protests in Germany have previously halted and delayed major companies’ plans such RWE’s lignite mining at the Hambach forest, near Cologne, which has become a symbol of the anti-coal protests.

Saturday’s protest, which Gersdorf and Bach said developed spontaneously from a 50-people forest walk demonstration, highlighted the deforestation of around 300 hectares to build the factory and its impact on wildlife, including birds, insects and bats.

People were also protesting against an expected “enormous” increase in traffic on a nearby highway and through the villages.

Next to the protest, on the other side of the street, around 20 people carried banners welcoming Tesla in their village, with children chanting, “We are here, we are loud, because Tesla is building our future.”

Bernd Kutz, a Gruenheide local, said Tesla would bring improvement to the area, create jobs and give chances to young people.

“I am here because I don’t understand those demonstrators who shout and show us the finger,” Kutz said. “Why has it always to be negative?”

Reporting by Riham Alkousaa; editing by Christina Fincher

This is an Unaltered Newswire of Reuters

China’s Great Wall agrees to buy General Motors’ India plant

China’s Great Wall agrees to buy General Motors’ India plant

NEW DELHI (Reuters) – Great Wall Motor (601633.SS) has agreed to buy General Motors’ (GM) (GM.N) car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.

The deal, which is expected to be completed by the second half of 2020, will jumpstart Great Wall’s plans to build and sell cars in India and bring to an end GM’s manufacturing operations in the country.

People aware of the deal told Reuters earlier on Friday that the two companies had agreed on the sale, with one of the sources adding that Great Wall is likely to pay around $250 million to $300 million to acquire the plant.

“The Indian market has great potential, rapid economic growth and a good investment environment. Entering the Indian market is an important step for Great Wall Motors’ global strategy,” Liu Xiangshang, vice president, global strategy at the Chinese automaker said.

Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, plans to enter India with its Haval and electric vehicle brands and will announce detailed plans at the Delhi auto show in February, Liu said in the statement.

Chinese automakers are accelerating plans to build cars in India to combat slowing sales at home and have been encouraged by the initial success of rival SAIC Motor (600104.SS) in the country, sources have told Reuters.Although car sales in India are also stuttering, the market is expected to become the world’s third biggest by 2026, behind China and the United States, according to consultancy LMC Automotive.

However, Fiat Chrysler (FCHA.MI), Ford Motor (F.N) and GM are scaling back in India after battling it out in one of the world’s most competitive markets, which is dominated by smaller, low-cost cars made by Maruti Suzuki (MRTI.NS) and Hyundai Motor (005380.KS).

GM, which stopped selling cars in India at the end of 2017, has already sold its other plant to SAIC, where the Chinese automaker builds cars under its British brand, MG Motor.

Although the American automaker continued to build small cars for export at its plant in Talegaon in Maharashtra state, it has been exploring strategic options for the site, Julian Blissett, senior vice president, GM International Operations said in the statement.

“Our decision to cease production at Talegaon is based on GM’s global strategy and optimization of our manufacturing footprint around the world,” Blissett said, adding that the company will provide support to employees affected by the decision.

Great Wall is expected to upgrade and modify GM’s plant to suit its needs and set up a base for its suppliers, said one of the sources, adding that the automaker expects to begin production within a year.

The plant is expected to have an annual production capacity of about 150,000-160,000 vehicles, the source said.

Reporting by Aditi Shah in New Delhi, additional reporting by Yilei Sun in Beijing; Editing by Sanjeev Miglani, Shri Navaratnam; Kirsten Donovan

This is an Unaltered Newswire by Reuters

The Industry Stands By Ratan N Tata | The Auto World This Week

 


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

 

INDIA AUTO NEWS

The Industry Stands by Ratan N Tata

The Legacy of Trust, Ethics & Social Relevance of Last 152 Years at Test.

The Battle to uphold the Tata Code of Conduct as the detractors take the High Moral Ground

The Industry stands by Ratan N Tata as he faces one of the toughest battles of his life & career.

Read Full Story 

Mahindra outlines its electric mobility roadmap

The automaker plans to focus more on shared mobility, rather than personal mobility, in the EV segment. Read Full Story



31st National Road Safety Week: Mr Sugato Sen at Road Safety Walkathon 2020. Must Watch Now!

Hyundai Growth Story by Mr S Punnaivanam – VP & Head After Sales Hyundai Motor India. Must Watch Now!
 

Tata Motors bets bigger on cars as CV demand to remain subdued


WORLD AUTO NEWS

 

GM to revive Hummer name with electric pickups, SUVs: sources

General Motors will revive the Hummer name to sell a new family of electric pickup trucks and sport utility vehicles. Read Full Story

China’s private car parc exceeds 200 million for first time

China’s car parc amounted to 260 million by the end of 2019, 21.22 million more than 2018, while motor vehicle population reached 348 million, according to the China’s Ministry of Public Security. Read Full Story

Uber partners with Hyundai on electric air taxi

U.S. ride-hailing company Uber & South Korean automaker Hyundai have teamed up to develop electric air taxis, joining the global race to make small self-flying cars to ease urban congestion. Read Full Story

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GM to revive Hummer name with electric pickups, SUVs: sources
Global joint venture formally established by Mercedes-Benz & Geely 

Global joint venture formally established by Mercedes-Benz & Geely 

The Industry stands by Ratan N Tata

The Industry stands by Ratan N Tata

By World Auto Forum Think Tank 

 

  • The Industry stands by Ratan N Tata as he faces one of the toughest battles of his career. 

  • The Battle to uphold the Tata Code of Conduct as the detractors take the High Moral Ground

  • Click on “Recommend” Button in the Comments below if you stand by Ratan N Tata

     

The year was 2016. World Auto Forum was running an Online Poll where Industry People could vote for their favourite Chairpersons, MDs and CEOs of Auto Companies at India and across the World.

So we had the corner office occupiers of Indian & Global Auto Makers.

On Oct 24 , 2016 Mr Cyrus Mistry who was the Chairman of Tata Group and also Tata Motors was sacked. As per protocol, our team switched Mr Mistry’s Pic with Mr Ratan Tata’s Pic as the latter had become the interim chairman.

Continue reading “The Industry stands by Ratan N Tata”

So What’s Up Carlos Ghosn? | The Auto World This Week

 

 


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

INDIA AUTO NEWS

Kia Carnival India launch confirmed for February 5

 How India Moved in 2019 : Review by Uber



Telematics @ Automotive : Trak N Tell Growth Story by Pranshu Gupta – Founder & CEO, Trak N Tell. Must Watch Now!
 

Ratan Tata moves SC against NCLAT order on Mistry’s reinstatement


WORLD AUTO NEWS

Boardroom Politics , Political System Vendetta , Secret Services Involvement, Diplomatic Undercurrent, Fraud?
So, What’s the Truth ?

Read Full Story

 
 

U.S. auto safety agency to investigate fatal Tesla crash in California

Whose Fault is it Anyway?

Tesla & NHTSA say Drivers should have their hands on steering all the time while Autopilot is “On”. In Reality, Many Drivers don’t.
Is Autopilot being made the Scapegoat ? Is it the drivers who are careless and need an Upgrade ? Has Autopilot gatecrashed the Motown Party a bit too early ?
 Read Full Story

Chinese EV maker Lixiang files for U.S. IPO of at least $500 million: sources

Lixiang, also known as CHJ Automotive, founded by entrepreneur Li Xiang, confidentially filed in December for the IPO, which will take place as early as the first half of 2020, said the people.

The Beijing-based carmaker has been working on the IPO since the summer of last year and hired Goldman Sachs as the main bank leading the deal, said the peopleRead Full Story

Brazil New vehicle sales rise in 2019 and expected to accelerate by 2020, says Fenabrave, the Federation

Brazil had 2.787 million cars, light commercial vehicles, trucks and buses in 2019, up 8.65 percent from a year earlier, the distributors’ association, Fenabrave, said on Thursday. The volume marks the best year of sales for the sector since 2014. Read Full Story

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What’s Cooking At Nissan Motor Co And More… | The Auto World This Week

 


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

INDIA AUTO NEWS

Auto industry drives into 2020 with hope after a forgettable 2019

India-made Renault Triber exports begin



2019 : What a Fab Year at World Auto Forum! 2020 shall be even Stellar. Must Watch Now!
 

Cartist Yatra 2020 shall bring Art & Automobile together again! 



WORLD AUTO NEWS

 

Nissan picks Sakamoto as board candidate after Seki’s resignation

Nissan Motor Co selects executive officer Hideyuki Sakamoto as a candidate for the board of directors following the surprise resignation of vice-chief operating officer Jun Seki

Nissan needs stability as it braces for its worst annual profit in 11 years amid slumping sales in the US and China, its biggest markets. Read Full Story

China becomes largest patent applicant of C-V2X key technologies

As of September, China has accounted for 52% of patent applications in key technologies for C-V2X communication across the world, making it the largest applicant in this field and target country for applicationRead Full Story

Heart to Heart Chat with Toyota Europe Top Boss Johan Van Zyl

Toyota will find it difficult to increase profits because the EU plans even tougher CO2 targets, South African Johan van Zyl, who has led Toyota Europe since 2015, discussed this and more. Read Full Story

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World Auto Forum Programs Terms & Conditions

World Auto Forum Programs Terms & Conditions

These are Standard Conditions of World Auto Forum. When you buy a ticket of WAF Program or attend as speaker or invited as a Guest, you agree to these conditions.

The link to these Terms & Conditions is present at each Event Page as a notice to all guests who attend.

Ticket Cancellation Charge to be levied  :

Between 30 to 45 Days of Summit : 10% ticket Amount

Between 30 days to 20 days : 50% Ticket Amount

Less than 20 days to Summit : 100% Ticket Amount

Speakers can change their schedule due to their personal exigency which is beyond control of World Auto Forum. The Venue can change for safety reasons and /or to suit convenience of Organisers, Participants and Speakers. World Auto Forum’s liability not beyond refund of ticket amount if program cancelled or postponed due to any reason beyond control of World Auto Forum.

Important Conditions

Normally we dont change venues, once anounced. However in a rarest of rare case, if it happens, be rest assured World Auto Forum has done it to suit convenience of Most Participants and /or in interest of Safety.

We dont believe in cancelling or Postponing events. The Show Must go On! Still if this happens, rest assure there has to some compelling reason for safety and Convenience of the Members. In that case, Maximum Monetary Liability of World Auto Forum is Reumbursement of Ticket Amount.

Hotel Venues normally are amongst the Safest Places. Safety and Security at Venue is controlled solely by Hotel Staff. World Auto Forum has no control or responsibility for it. As the Adage goes, Caveat emptor. You have to be responsible of your own devices, gadgets and luggage. Please take care of them yourself.

Legal Jurisdiction is Solely the Courts at New Delhi and Nowhere Else 

WAF CHRO Roundtable by World Auto Forum

WAF CHRO Roundtable by World Auto Forum

10 AM to 5 PM, Fri 28 Feb 2020, New Delhi Aerocity

  • Top CHROs Club at World Auto Forum. 

  • Innovations, Best Practices around Culture, Welfare, Tech, Processes, Engagement & More..

  • How to Action our Dialogue on “People” : Our Most Important Asset

By Buying the Ticket, you Agree to Terms & Conditions , Click here to view

 

 

Last Year was one of the toughest years for the Automotive Industry. It also saw around 3.5 Lakh People lose jobs across the Automotive Spectrum. Numbers could vary but the sentiment shared is common.

A CapEx and Manufacturing Driven Industry suddenly re discovers  the Value of People!

When the going gets tough, its the tough People who rise to the occasion and Make it Happen!

Come Lets Discuss the Most Important Resource : Our People and everything around them

We shall also hold the Ceremony of Top CHRO Club at World Auto Forum

Past Programs & Digital Engagements of World Auto Forum in 2019 

We are letting in 25 Delegates to connect and network with these CHRO rockstars! Book your slot now, before its full!

By Buying the Ticket, you Agree to Terms & Conditions , Click here to view

U.S. auto safety agency to investigate fatal Tesla crash in California

U.S. auto safety agency to investigate fatal Tesla crash in California

The U.S. National Highway Traffic Safety Administration (NHTSA) said earlier this month it had opened an investigation into a 12th Tesla crash that may be tied to the vehicle’s advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut.

NHTSA did not say if autopilot was suspected in Sunday’s crash in Gardena in Los Angeles county.

Tesla did not immediately respond to a request for comment.

Los Angeles television station KTLA reported the driver exited the 91 Freeway in Gardena, ran a red light and struck a 2006 Honda Civic, killing its two occupants.

The two people inside the Tesla were hospitalized but did not have life-threatening injuries, KTLA reported, citing Los Angeles police.

Autopilot had been engaged in at least three Tesla vehicles that were involved in fatal U.S. crashes since 2016. The National Transportation Safety Board has criticized Autopilot’s lack of safeguards and said in September in its probe of a 2018 Culver City, California Tesla crash that the system’s design “permitted the driver to disengage from the driving task.”

Tesla and NHTSA both advise drivers that they must keep their hands on the steering wheel and pay attention at all times while using Autopilot. Tesla says Autopilot “enables your car to steer, accelerate and brake automatically within its lane,” but does not make the vehicle autonomous.

Some drivers say they are able to keep their hands off the wheel for extended periods when using the system. Last month, U.S. Senator Ed Markey said Tesla should disable Autopilot until it installs new safeguards to prevent drivers from evading system limits that could let them fall asleep.

NHTSA has previously confirmed special crash investigations in a number of Tesla crashes but until earlier this month had not disclosed the total number of crashes under review. NHTSA previously investigated another Tesla crash that it initially suspected of being tied to Autopilot but ruled it out.

Reporting by David Shepardson; Editing by Leslie Adler and Grant McCool

 Reuters Newswire unaltered by World Auto Forum
So What’s up Carlos Ghosn ?
Turkey unveils first fully homemade car in $3.7 billion bet on electric

Turkey unveils first fully homemade car in $3.7 billion bet on electric

3 MIN READ

ISTANBUL (Reuters) – Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost 22 billion lira ($3.7 billion) over 13 years.

Erdogan drives a prototype of the electric car, in Gebze, Turkey via AP

The project has been a long-time goal of President Tayyip Erdogan and his ruling AK Party as a demonstration of the country’s growing economic power.

Speaking at the unveiling ceremony, Erdogan said Turkey aimed not only to sell the car domestically but also wanted it to become a global brand, starting with Europe.

“We’re all together witnessing Turkey’s 60-year-old dream become reality,” he said, referring to failed plans in the past to build a fully home-produced car. “When we see this car on roads around the whole world, we will have reached our goal.”

Following his speech, a red SUV model of the car and another grey sedan one were raised onto the stage, sporting the TOGG label of the consortium that is building them.

Erdogan said the charging infrastructure for electric cars would be ready nationwide by 2022.

Turkey is already a big exporter to Europe of cars made domestically by firms such as Ford (F.N), Fiat Chrysler (FCHA.MI), Renault (RENA.PA), Toyota (7203.T) and Hyundai (005380.KS).

The new project, launched in October, will receive state support such as tax breaks, and establish a production facility in the automotive hub of Bursa in northwest Turkey, according to a presidential decision in the country’s Official Gazette.

Five models of the car will be produced, the statement said, adding the government had guaranteed to buy 30,000 of the vehicles by 2035.

Erdogan first revealed plans in November 2017 here to launch a car made entirely in Turkey by 2021.

The consortium, called Turkey’s Automobile Initiative Group (TOGG), was established in mid 2018 by five industrial groups: Anadolu Group, BMC, Kok Group, mobile phone operator Turkcell (TCELL.IS) and Zorlu Holding, the parent of TV maker Vestel (VESTL.IS).

TOGG’s CEO is former Bosch executive Gurcan Karakas and its chief operating officer is Sergio Rocha, former General Motors Korea chief executive. It said it would begin production in 2022 with compact SUVs.

In October, Volkswagen (VOWG_p.DE) said it had postponed a final decision on whether to build a car plant in Turkey amid international criticism of an October Turkish military operation in Syria.

($1 = 5.9339 liras)

Additional reporting by Ebru Tuncay; Writing by Daren Butler and Ali Kucukgocmen; Editing by Jonathan Spicer and Mark Potter

NewsWire of Reuters and Picture by AP not changed or edited by World Auto Forum

Nissan picks Sakamoto as board candidate after Seki’s resignation

Nissan picks Sakamoto as board candidate after Seki’s resignation

TOKYO (Reuters) – Nissan Motor Co (7201.T) has selected executive officer Hideyuki Sakamoto as a candidate for the board of directors, the company said on Friday, following the surprise resignation of vice-chief operating officer Jun Seki earlier this week.

Sakamoto, who was named an executive officer in June and has been an executive vice president since 2014, is responsible for manufacturing and supply chain management at Japan’s No. 2 automaker. Nissan will hold an extraordinary shareholder meeting on Feb. 18, where his appointment will be among proposals submitted for approval, it said in a press release.

The carmaker did not say whether Sakamoto would take on Seki’s responsibilities.

Nissan needs stability as it braces for its worst annual profit in 11 years amid slumping sales in the United States and China, its biggest markets. The company is also working to repair ties with top shareholder and alliance partner Renault SA (RENA.PA), which deteriorated following the ouster of joint chairman Carlos Ghosn a year ago.

Tesla secures $1.29 billion loan from Chinese banks for Shanghai factory

Tesla secures $1.29 billion loan from Chinese banks for Shanghai factory

(Reuters) – Tesla Inc entered into agreements with lenders in China for a secured term loan facility of up to 9 billion yuan ($1.29 billion), according to a regulatory filing on Thursday.

The electric car maker said it has also signed agreements for an unsecured revolving loan facility of up to 2.25 billion yuan, adding that both the loans will be used for its Shanghai car plant. (bit.ly/2tU35dI)

China Construction Bank Corp, Agricultural Bank of China, Shanghai Pudong Development Bank and Industrial and Commercial Bank of China are the lenders, according to the filing.

Besides construction and production at the Shanghai factory, the loan may also be used to repay the 3.5 billion yuan debt due to be repaid on March 4 next year.

The factory, which is Tesla’s first car manufacturing site outside the United States, is the centerpiece of its ambitions to boost sales in the world’s biggest auto market and avoid higher import tariffs imposed on U.S.-made cars.

Reuters reported earlier this week that Tesla and a group of China banks had agreed to a new 10 billion yuan, five-year loan facility for the automaker’s Shanghai car plant, citing sources familiar with the matter.

Reporting by Ayanti Bera in Bengaluru; Editing by Shounak Dasgupta

NewsWire of Reuters not changed or edited by World Auto Forum

S Muralidharan President Lucas Indian Service inducted at Global Hall of Fame at World Auto Forum

S Muralidharan President Lucas Indian Service inducted at Global Hall of Fame at World Auto Forum

S Muralidharan President Lucas Indian Service inducted at Global Hall of Fame at World Auto Forum for his contributions to Automotive Eco System at India & the World

The Ceremony was held as part of the 5th IVASS-  India Vehicle After Sales Summit at NCR- Delhi recently. There were Auto Maker After Sales Heads, their teams & Dealers, Independent Garage Owners, Parts Makers, Distributors, Service Providers, Shared Mobility Providers, Telematics Co and IT Geeks in the Room.

Mr. S Muralidharan is a doyen of the Auto Industry with decades of experience of building organisations, leading teams and grooming leaders.

He has one of the best education the country or the world can offer. He attended Loyola School Jamshedpur, IIT Kharagpur and IIM Bangalore.

He has worked with Bosch Karlsruhe Germany where he grew the European aftermarket for the Brakes business. He was the regional president & board member for Bosch India.

He has also worked as the Executive Director at Frost & Sullivan.

Currently leading the 89 Years Young Company Lucas Indian Service ( LIS) as President.  LIS has 550 Service Dealerships and 15000 Retailers in the Country.

World Auto Forum is privileged and proud to induct S Muralidharan to the Global Hall of Fame at WAF for his immense contributions to the Auto Eco System at India and the World!

Anuj Guglani CEO WAF

 

S Muralidharan President Lucas Indian Service

 

L To R : Rishabh Suri, Shell India, Pranshu Gupta, CEO, Trak N Tell, Saurav Arora, CEO Indian Auto Company, S Muralidharan President LIS

 

Global Hall of Fame Ceremony Video at WAF TV 

 

High res Pics for Printing can be downloaded from here

 

Mr S Muralidharan had also given a fantastic Key Note address at 5th IVASS India Vehicle After Sales Summit titled “Opportunities in the Supposed Slowdown” which can be watched here :

 

 

 

Anand Mahindra Leaves Behind An Incomparable Legacy | The Auto World This Week

 

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

INDIA AUTO NEWS

A doyen of Indian industry, Anand Mahindra leaves behind a hard to match legacy

Hyundai Aura compact sedan revealed



Discussion on Evolving Role of After Sales Service in Automotive Slowdown : Customer Experience, SOP, Team, Profitability. Watch Now!

 

Tata Nexon EV revealed ahead of early 2020 launch



WORLD AUTO NEWS

Caring from far away: The robot that transmits touch

Japan’s Toyota Motor Corp thinks they can, if they are equipped to mimic the touch and actions of a carer located far away.

Toyota’s latest humanoid robot, T-HR3, demonstrated at Tokyo’s International Robot Exhibition, is controlled remotely by a human operator. Read Full Story

Auto Cos criticize France’s SUV tax hike

Under a law adopted by the French parliament, cars emitting Co2 above a certain threshold will be subject to a 20,000 euros ($22,240) penalty in 2020, higher than the existing 12,500 euros.

At the same time, the govt is considering reducing cash incentives for electric cars. Read Full Story

Mitsubishi, NTT to buy 30% stake in digital mapping company Here Technologies

Digital mapping company Here Technologies sold a 30 percent stake to Mitsubishi Corp. and Nippon Telegraph and Telephone Corp., diluting German automakers’ stake to 54 percent amid uncertainty about the profit potential from autonomous cars. Read Full Story

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Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger

BEIJING/PARIS (Reuters) – China’s Dongfeng Motor Group (0489.HK) and Peugeot maker PSA (PEUP.PA) are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker’s merger with Fiat Chrysler Automobiles (FCA).

Dongfeng said on Thursday it had agreed with PSA to extend the duration of their joint venture Dongfeng Peugeot Citroen Automobiles (DPCA).

Under the deal, the venture could get the rights to PSA’s new brands in China and will benefit from new technologies and intellectual properties, the Chinese company said.

Continue reading “Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merger”

China’s Great Wall revs up for India as rivals hit the brakes

China’s Great Wall revs up for India as rivals hit the brakes

NEW DELHI (Reuters) – Chinese automakers Great Wall Motor and Changan Automobile are accelerating plans to build cars in India after the initial success of rival SAIC Motor in one of the world’s biggest markets, three sources said.

Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China, expects to secure a production site in the first half of 2020, likely a General Motors plant in Maharashtra, a source familiar with Great Wall’s plans said.

Continue reading “China’s Great Wall revs up for India as rivals hit the brakes”

Mahindra announces top management succession plans

Mahindra announces top management succession plans

Mumbai, 20th December 2019 : Over the next fifteen months, a number of key leaders at Mahindra & Mahindra Ltd. will be retiring. In light of that, and in pursuance of the highest standards of corporate governance, over the past one year the Governance, Nomination & Remuneration Committee (GNRC) of the Board has completed a structured and rigorous review of top management succession, which has now been ratified by the Board of Directors. These changes include the following:

Continue reading “Mahindra announces top management succession plans”

5th IVASS India Vehicle After Sales Summit is well Attended and a Clear Action Plan Laid out

5th IVASS India Vehicle After Sales Summit is well Attended and a Clear Action Plan Laid out

by World Auto Forum Editorial Team 

World Auto Forum organised the 5th IVASS – India Vehicle After Sales Summit on Sat 14 Dec 2019 at Radisson Gurugram Udyog Vihar.

Top After Sales Heads & Teams from Hyundai Motor India, Fiat Chrysler India, TVS Motor Co, Hero MotoCorp, Tata Motors CVBU and PVBU, their Dealers and Suppliers in the room

Continue reading “5th IVASS India Vehicle After Sales Summit is well Attended and a Clear Action Plan Laid out”

Uber Driver Finds Xcent Better Than Dzire | The Auto World This Week

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

INDIA AUTO NEWS

 

Hyundai India evaluating launch of fuel cell electric vehicles. 

 

Maruti Suzuki recalls 63,493 units of Ciaz, Ertiga and XL6 variants



 

The Legacy of IVASS – India Vehicle After Sales Summit

In a Week’s time, Top After Sales Gurus shall once again converge at World Auto Forum. Watch them in Action last 4 Years! 

 

 

Industry Stalwart, S N Barman moves on from Tata Motors



WORLD AUTO NEWS

 

 

United Auto Workers union names reformer Gamble president until 2022

The United Auto Workers international executive board on Thursday named acting president Rory Gamble to head the union until June 2022 as he pledged a series of reforms following a criminal investigation into illegal payoffs that has rocked the union.
Read Full Story.

 

Billionaire Lawrence Stroll seeks big stake in Aston Martin: report

Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin, Autocar magazine reported, sending the luxury sports car maker’s battered shares up 17% on Thursday.
Read Full Story

 

Tesla Model X is named ‘standout performer’ in new safety crash tests

Tesla Model X has been named a ‘standout performer’ by Euro NCAP in their latest batch of safety crash tests — getting a near-perfect score for adult occupant protection.
Read Full Story

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Industry Stalwart, S N Barman moves on from Tata Motors

Industry Stalwart, S N Barman moves on from Tata Motors

By WAF Think Tank 

Mr S N Barman, the Industry Stalwart, has spent close to quarter of a century in the Automotive Industry. He is an IIT Graduate. Extremely focussed, experienced and result oriented professional.

As he moves on from Tata Motors PVBU, he leaves a great legacy behind at the organisation. He has been instrumental in the turnaround of Tata Motor PVBU. Under his aegis, products like Nexon, Harrier, Tiago & Tigor were launched which completely transformed the image and the market performance of Tata Motors in the Highly competitive Car market.

Continue reading “Industry Stalwart, S N Barman moves on from Tata Motors”

Mercedes-Benz Celebrates 25 Yrs In India | The Auto World This Week

 

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

INDIA AUTO NEWS

 

Electric vehicle demand creation is job of vehicle manufacturers: Rajiv Bajaj

 

Simple & Sustainable Solution to Stubble Burning Problem of North India by Anuj Guglani, CEO, WAF 



 

Mr. Vijay Kalra , Executive Director & CEO of MVML and Chief of Manufacturing Operations – Automotive Sector, Mahindra & Mahindra Ltd wins Best Production Head at 7th WAF Awards 2019

An Award Ceremony Video You just Can’t Miss! Watch Now 



 

 

Mercedes-Benz celebrates 25 Years in India and 10 Years of Chakan Plant near Pune

Established in 1994, Mercedes-Benz India celebrates its 25th anniversary in India, pioneered the luxury car market in the country and boasts of more than 130 years of cutting edge innovation in the luxury automobile industry globally.

Read Full Story.



WORLD AUTO NEWS

 

 

 Russia will support car sales with $78M loan subsidies, reports say

Russia’s government plans to spend about 5 billion rubles ($78.3 million) next year on new auto loan subsidies to support stagnating car sales, Russian news agencies reported.

New-car sales in Russia are expected to fall 2.2 percent this year to 1.76 million units, according to the Association of European Businesses lobby group, amid sluggish economic growth and falling disposable incomes.

Read Full Story. 

 

MG plug-in hybrid will be exported to UK from China

SAIC Motor plans to deliver the plug-in version of the MG HS compact crossover to international markets. 

After launching in its Chinese domestic market, the vehicle will be first exported to UK and Singapore, the state-owned automaker said last week.

“It will join the EZS pure electric vehicle to speed up MG brand’s process to go global,” SAIC said.

 Read Full Story 

 

BMW, Great Wall Motor celebrate Groundbreaking Ceremony of Spotlight JV project

BMW Group and Great Wall Motor officially initiated their 50:50 joint-venture project, Spotlight Automotive marking the JV between foreign and privately-owned automakers in China

The groundbreaking ceremony a week after the JV gets govt’s Nod to produce ICE powered vehicles & conduct R&D activities for all-electric PVs. Approval not available to BEV production.

Read Full Story

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MasterClass By S Muralidharan President Lucas | The Auto World This Week

 

 


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

INDIA AUTO NEWS

Without FASTag pay double toll tax from December. 10 things to know

Toyota to give car loan in just 30 minutes



The New Age AfterMarket by S Muralidharan President Lucas Indian Service

A MasterClass You Can’t Miss! Watch Now 



Tata Altroz launch in January 2020

It’s confirmed! Tata’s latest teaser video of the upcoming Altroz premium hatchback confirms the car’s launch for January 2020. Read Full Story.



WORLD AUTO NEWS

General Motors declares corporate war on Fiat Chrysler

The racketeering lawsuit brought by General Motors against Fiat Chrysler Automobiles is a legal bombshell for the U.S. car industry.

GM’s broadside lays out in forensic detail how FCA allegedly conspired over many years to funnel payments to UAW officials, corrupt the collective bargaining process on wages and thus secure a competitive advantage. In essence, it’s trying to rewrite the American auto industry’s past decade of history, which saw both GM and Chrysler bounce back dramatically from Chapter 11 bankruptcy. Read Full Story.

Ghosn allowed to speak with wife after 7-month ban

Indicted former Nissan Chairman Carlos Ghosn was finally allowed to talk with his wife on Friday, seven months after a Japanese court banned direct contact between the two.

Ghosn spoke with his wife Carole for about an hour around midday by video conference from Ghosn’s attorney’s office, one of his defense team lawyers confirmed. Read Full Story 

Huawei’s autonomous driving network solution makes its China debut

Huawei launched the Autonomous Driving Network (ADN) solution to China prior to the opening of the PT Expo China, in order to help communications operator speed up digital transition.

The company also displayed several AI products under the ADN Mobile solution—iMaster NCE is intended for FBB (fleet broadband), iMaster MAE for MBB (mobile broadband), and iMaster AUTIN for inter-domain collaboration. 

Read Full Story

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MG Motor Looks ‘Beyond Tokenism’ In EV Play | The Auto World This Week

 

 


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

INDIA AUTO NEWS

MG Motor looks ‘beyond tokenism’ in EV play; eyes selling 2-3k units of ZS EV electric SUV in India

Jawa Motorcycle Deliveries To Be More Streamlined: Jawa Co-Founder Anupam Thareja



Videos from 7th WAF Awards Ceremony, New Delhi, India

Watch Them Now! 


 



WORLD AUTO NEWS

Hyundai Motor sets up future mobility lab in LA

Hyundai Motor has established a future mobility venture called Mocean Lab in Los Angeles.

The Mocean Lab will provide mobility services in LA and expand its services to autonomous ridesharing, shuttling and personal mobility, according to the automaker.
Read Full Story.

Nissan is recalling nearly 400,000 Vehicles in the US for a Braking Defect that can cause fire. 

Nissan is recalling nearly 400,000 vehicles in the U.S. because of a braking system defect that could cause them to catch fire.

Owners are advised to park affected vehicles outside and away from structures if the anti-lock brake system warning light comes on for more than 10 seconds. Read Full Story

California, other U.S. states sue to block EPA from revoking state emissions authority

California and 22 other U.S. states filed suit on Friday to challenge the Trump administration’s decision to revoke California’s authority to set stiff vehicle tailpipe emissions rules and require a rising number of zero emission vehicles (ZEV). Read Full Story

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Simple & Sustainable Solution to Stubble Burning Problem of North India

Simple & Sustainable Solution to Stubble Burning Problem of North India

by Anuj Guglani, CEO World Auto Forum

During winters, stubble Burning is a Big cause of Air Pollution in North India. 

There are a few simple measures, if taken can lead to not just its prevention but also empower the farmer with an additional earning source and lesser dependance on Fossil fuels and fertilisers thereby also saving him money. Lets see how…

Continue reading “Simple & Sustainable Solution to Stubble Burning Problem of North India”

Auto Industry’s Biggest Awards Held! | The Auto World This Week

 

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

INDIA AUTO NEWS

Auto Industry’s Biggest Awards Held! See Who Won! 

Discounts up to Rs 5 lakh on Honda cars, SUVs



 Four Shared Mobility Stalwarts  Inducted to WAF Global Hall of Fame

Top Shared Mobility Experts inducted in the coveted WAF Global Hall of Fame. 

Inductees : 

1. Anil Srivastava, Principal Advisor, NITI Aayog
2. Sandeep Gambhir, MD & CEO Orix Leasing and Infrastructure
3. Rajiv K Vij – MD & CEO Carzonrent India
4. Rajesh Loomba – MD & CEO – Eco Rent aCar

Watch Ceremony Video 



India-spec MG ZS EV to be revealed on December 5



WORLD AUTO NEWS

Toyota announces $1.8 billion share buyback after strong second-quarter

Toyota Motor Corp plans a $1.8 billion share buyback, Japan’s biggest automaker said on Thursday, after beating quarterly forecasts on higher global vehicle sales and an improved performance in North America. Read Full Story.

Germany increases EV incentives to stimulate demand

Chancellor Angela Merkel’s government and German automakers agreed to increase cash incentives for electric cars as they attempt to accelerate the transition away from the combustion engine.

A so-called “Environment Bonus” for battery-powered cars priced up to 40,000 euros will be raised by half to as much as 6,000 euros ($6,680) per vehicle and the auto industry will continue to cover half the cost. Read Full Story

Mitsubishi Motors slashes full-year profit forecast by $550 million

Mitsubishi Motors slashed its annual profit and sales outlook, becoming the latest Japanese automaker hit by sputtering global demand and a stronger yen.

Operating profit for the fiscal year through March 2020 will be 30 billion yen ($275 million) instead of 90 billion yen, the company said in a statement Wednesday. Read Full Story

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Labor Unions Fret Over Fiat Chrysler-PSA Deal | The Auto World This Week

 

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

INDIA AUTO NEWS

What slowdown? Mercedes sold 600 luxury cars in just one day



Four Automotive Legal Stalwarts Inducted to WAF Global Hall of Fame

Top Automotive Legal Stalwarts inducted in the coveted WAF Global Hall of Fame. 

1. Manjaree Chowdhary ED & GC, Maruti Suzuki India
2. Dr Sanjeev Gemawat Group GC Dalmia Group
3. Dr Akhil Prasad Country Counsel, Boeing India
4. Vineet Agarwal GC BMW India. Watch Ceremony Video



Two Wheeler Ride Hailing Start Up to provide free rides during Odd Even at Delhi 



WORLD AUTO NEWS