Auto Industry’s Biggest Awards Held! | The Auto World This Week Posted on November 19, 2019 by admin 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! Anuj Guglani, CEO, World Auto Forum said, ”This year, over 10 hours of discussions across 2 Jury rounds, over three months of research, and over 75 emails have gone into selecting the winners. As each year, there are Observers during Jury Rounds, No Sponsor partners or Current Auto OEM Employees allowed on Jury and of course Ref Checks after Jury Rounds! This is what makes WAF Awards truly special & unique!” Click here to see Who Won! Discounts up to Rs 5 lakh on Honda cars, SUVs Thanks to the consumer offers that Honda Cars India had officially rolled out during the festive season, the Japanese carmaker did see an uptick in sales. In order to keep the sales momentum during November, Honda dealerships across India have been authorised to offer significant benefits and discounts on every Honda car and SUV on sale here, except for the Brio hatchback and the Accord sedan. Read Full Story 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 Auto sector slowdown punctures Apollo Tyres’ earnings prospects Apollo Tyres’s stock was down about 5.3% on NSE in early deals on Wednesday Net profit of ₹83 crore was about 55% lower than the year-ago period, after adjusting for an exceptional item. Read Full Story India-spec MG ZS EV to be revealed on December 5 Bookings will open in December, while price announcement and launch will take place in January 2020. As has been announced already, MG will initially only offer the electric SUV in five cities, namely Delhi-NCR, Mumbai, Hyderabad, Bengaluru and Ahmedabad. Read Full Story WORLD AUTO NEWS Time to intervene on behalf of innovation in Europe’s smart car market After taking action to prevent anti-competitive practices by chipmakers, the European Commission should do the same in the smart car sector, writes Brian Scarpelli. Read Full Story 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 ANNUAL GOLD PARTNERS ANNUAL PARTNERS ANNUAL MEDIA PARTNERS Forward to your friends using Win in the Global Auto Industry. Partner us Today! Gerald Louis “Jerry”, +91 8368746841, jerry@waf.bz Mohini Jaisinghani, +91 9818168778 , mohini@waf.bz Anuj Guglani, +91 9810552425, anuj@waf.bz Powered by Cobold Digital World Auto Forum – Across 125 Countries All Here : https://WorldAutoForum.com This email was sent to *|EMAIL|* why did I get this? unsubscribe from this list update subscription preferences *|LIST:ADDRESSLINE|*