-
Connect with Top CHROs Club at World Auto Forum.
-
Innovations & Best Practices in the Year of the Pandemic
-
Balancing WFH, HSSE, CSR, Mental Health, Productivity, Families, Bottomline, Compliances
-
Earn the WAF Certificate of Participation
The time limit for filing revised/belated ITRs has been reduced to 31-Dec of relevant year from 31-Mar.
W.e.f AY 2021-22, assessment proceedings need to be completed within 9 months from end of assessment year, ie, for FY 2020-21, relevant for AY 2021-22, assessments have to be completed by Dec-2022.
Continue reading “Key Highlights of Union Budget 2021-22 | From a CA’s Perspective”
The much awaited Union Budget address (2021-2022) was made by the Finance Minister, Nirmala Sitharaman on February 01, 2021. The Minister in the speech has announced- Voluntary Vehicle Scrapping Policy, for phasing out old and unfit vehicles from the Indian streets. While substantiating on the Scrappage Policy, Ms. Sitharaman stated that under the Policy- personal vehicles after 20 years and commercial vehicles after 15 years would undergo fitness tests in automated fitness centres.
Key Points:
An Insight into Vehicle Scrappage Policy
The Policy is expected to substantially impact air pollution issues in India and maintain environmental sustainability. It was also announced that the specifics of the Policy would be announced soon.
Hence, it is abundantly clear that under the New Policy all personal vehicles and commercial vehicles will have to mandatorily undergo fitness tests at automated fitness centres in 20 years and 15 years respectively.
Continue reading “New Vehicle Scrappage Policy- Union Budget 2021-22”
Continue reading “Road Safety and Transport Policy Index RSTPI”
Yes! Most Auto makers are obsessed with Lean Manufacturing. Most got extremely conservative last year with their Production schedules as demand gradually rebounded. Excessive WFH, Gaming, Smartphones led to a surge in demand for chips from other product segments.
The Trump Administration had blacklisted the Chinese Semiconductor manufacturers last year. The Taiwanese Chip Makers, the largest across the world had raised a caveat against oversupply. The automotive grade chips were seeing rapid upgradation. Getting stuck with outdated chipsets inventory could be the greatest nightmare for any chip maker.
All said and done, auto makers facing ongoing or impending shutdowns simultaneously across the world can’t be just due to the aforesaid reasons. It can’t even be due to Covid.
There could be more than what meets the eye. Is it a perfectly orchestrated cartelised action by chip makers to pull the plug ?
In the new age vehicles, the electronic parts and components constitute around 40% of all components. One might find around 3K chips in just one car across the powertrain, windows, lights, ADAS and more. If even one chip is missing, the car can’t leave the assembly line!
Anuj Guglani, CEO, World Auto Forum says, ‘The Automotive chips compared to their siblings in an Xbox, a Mac or an iPhone have to be much more robust & durable. They should be able to stand high temperatures. They need to endure for long. Their development cycles are longer and more expensive.
So where do you think any chip maker who runs it as a business, would shift focus during the pandemic ?
Obviously to an Xbox, a Mac and an iPhone as their demand went through the roof while auto co’s were forced to cut orders, inventories and margins!”
Continue reading “Global Chip Shortage for Auto Makers | Intentional or Incidental ?”
|
|
|
|
Volkswagen India has planned a power packed 2021
They are getting ready with their arsenal of products, marketing strategy, Renewed Focus on Processes & Customer Experience. The arsenal gets powered by the right people!
VW India has elevated Vishal Bhat to head their after sales service function with effect from Jan 1, 2021.
Mr Bhat is currently heading Pan India Corporate Sales and Das Welt Auto – VW’s Certified Pre Owned Car Brand at VW India.
With over 17 years of extensive experience in automotive industry, Bhat brings in diverse expertise to the position. In a period of last five years, he has undertaken various roles and responsibilities across functions –Aftersales, Customer Care, Corporate and Das WeltAuto sales operations and has been successfully leading them.
Continue reading “VW India elevates its Future Leader – Vishal Bhat”
The Sensex might be breaching 47K levels but situation at ground level is not that encouraging.
The Auto Industry was just recovering from the BS-6 , Poor Demand in 2019 and 2018 and it got struck by Covid19. The Market has surely opened up but demand is still not consistent.
Manufacturing facilities continue to suffer from covid related closures. Manpower outages are still not that uncommon. Supplies get stuck due to covid or agitations.
Industrial Output, earnings are still down. The new strain from UK is also bad news. This seems the time to just stay healthy and protected, ensure family is safe ; Surviving seems to be the new thriving!
Continue reading “Industry Outlook 2021 : Overall Seems Positive”
Press Release
Teus, 15 Dec 2020 5:45 PM IST
IVASS 2020 brings together the Global After Sales Experts to share Industry Best Practices amidst the Pandemic
15th December 2020 | New Delhi & Detroit | https://worldautoforum.com/ivass
India Vehicle After Sales Summit, a program organized on Saturday, 12th December 2020 by World Auto Forum in association with ASDC – Automotive Skilling Development Council, set the path for innovations in the Vehicle After Sales & Auto aftermarket ecosystem.
Top Experts from Auto Suppliers, OEMs, Dealership network, Service companies, Parts Makers & Distributors graced the Panel Discussions and Keynote sessions. The theme this year was ‘Surviving and thriving through Innovation, Skilling & Teamwork’. Each session deliberated on various aspects of the post Covid needs and adaptability required to cope with the changing dynamics of consumer behaviour and governmental policies.
Anuj Guglani, CEO, World Auto Forum set the ball rolling by sharing with the audience, the global outreach of IVASS this year, with speakers brought in from across the globe to broaden the horizons of learning and sharing of best practices. He also elucidated the common global challenges faced by the Industry and the pivotal role Innovation plays in overcoming them.
The rising air pollution in the major cities of the country is a major health and environment concern with 65% of total air pollution caused by older commercial vehicles plying on road. To arrest this issue, the Ministry of Road Transport and Highways is slated to scrap vehicles older than 20 years under the vehicle scrappage policy or voluntary vehicle fleet modernization program, first mooted in 2016.
A scrappage policy is a government-funded programme to promote the replacement of old vehicles with modern ones. A vehicle scrappage programme is usually intended to stimulate the automotive industry as well as taking obsolete and more polluting vehicles off the road. It proposes to remove old commercial vehicles off the road and moot creation of an ecosystem to promote scrapping and recycling.
The policy is expected to considerably impact environmental sustainability and give thrust to automobile sector by creating new demand. The policy can be viewed as an extension of NGT ruling for Delhi-NCR whereby diesel vehicles older than 10 years were ordered to stop plying on the road. Similar policies have been implemented in countries like US, UK, China, Indonesia etc. to drive auto industry and reduce pollution.
Key Provisions of Draft Policy:
Continue reading “India Vehicle Scrappage Policy – A Perspective”
Ashish Gupta has a rich experience of 20 years + in the Automotive industry across projects, training, network, sales and after sales. Prior to VW, he worked with Toyota for over a decade at India and Japan.
He is a qualified engineer, with a masters in marketing management and a leadership licence from ISB Hyderabad. He has also been certified by VW AG under the global leadership program.
Continue reading “Ashish Gupta takes over the Reigns at VW India”
Elon Musk having an event at Tesla and calling it Battery Day says it all.
Battery seems to be the New Arms Race of Mobility. The Most desirable chemical of last decade has been Cobalt. Most Lithium Ion batteries are Cobalt based.
More than 50% of Cobalt reserves are concentrated in a small country in central Africa called “Congo”.
This country has huge challenges of Corruption, Child labour, Environment damage around cobalt mining. Severe exploitation of workforce, child labour, unsafe and dangerous work environment are frequently reported from the mining sites.
EV is a global phenomenon. Tesla became world’s most valued car maker despite being around for just a decade and with global annual sales volume under 370K. There is surely a lot of hype around EV Tech and Innovations. At the same time, it also seems the inevitable global future!
All Auto Makers have Electric Tech, Products and a future EV strategy already in place!
This could have been true for most other countries. India is an exception, as she chooses to innovate very differently, kill two birds with one stone.
The two birds being generate revenue and employment at grass root level and the other not to invest too much time and resources in doing so!
So ChargePoint, the World’s biggest Electric Charging Co is valued at USD 2.4 B pre IPO with currently 115K charging stations and planned expansion to 2.5 M charging stations by 2025
We have greater value at the bottom of the pyramid waiting to be unearthed! Here’s How…
Continue reading “Charge your EV at Local Kirana Shop and Electric Poles : India Innovates!”
Times are challenging amidst the Global Pandemic. Jobs losses, pay cuts are the part of the “New Normal”. Health care cost for fighting the pandemic is no less. Mental wellbeing & business sentiment are at their nadir.
To add to the misery, foreign auto cos announce exits. Harley-Davidson just announced their exit from the Indian Market as part of their Operation Rewire. They are closing down their plant. The dealers shall continue to offer services as long as the duration of their “Contract”. This duration remains a “Big Secret”
Most Senior Level employees already allegedly pushed out in the last one year! Psst ..!
Great brands hiding behind euphemism of their expensive PR Agencies.
As per FADA, Federation of Automotive Dealer Associations, the exit of HD India shall lead to more than 2k persons losing their livelihood.
Continue reading “WAF proposes an Exit Compliance Code for Exiting Auto Cos”
By Registering, you Agree to Our Terms & Conditions, Click here to view
For any Query , please contact Gerald Louis “Jerry” , 8368746841 , jerry@waf.bz
Continue reading “WAF Certified Pro Program – Be a Better “You””
The year was 2018. The Industry had prepared for the festive season in a similar way, pumping inventory down the dealers’ necks. We all know what happened. The inventory got stuck and had a domino effect, all through the subsequent year. It eventually led to the biggest sales drop in 20 years in 2019.
The reasons cited for low demand back then were : 1. High Insurance Cost 2. High fuel Prices 3. Rise of Shared Mobility Options.
The reasons in 2020 are far more serious and we know it.
We need focussed thinking and absorption of consumer sentiment and Industry stakeholders’ feedback
These 5 Basic Questions can be a starting point :
When the unlockdown began, we got feedback and requests from several Workshops for Quality Sanitisation Products at Reasonable Prices.
We evaluated several players and selected Chemi Kleen Solutions who have been making & exporting Hygiene Products last Half a century.
Sanitisation is here to stay. Going forward, we can’t afford to either pay high prices or cut corners in usage. So we asked Chemi Kleen to develop Best Quality Products at Reasonable Prices.
It’s our pleasure to introduce you to the Newest Annual Partner at WAF : Chemi Kleen Solutions.
We encourage you to evaluate them and their hygiene products
Continue reading “WAF Annual Partner : High Quality Sanitising Products at Reasonable Prices”
We had started this Program Series WAF Gurus Live! during the Lockdown to empower and motivate the Industry folks round the world. It has already crossed 1 Million Views!
Top Automotive & Mobility Gurus shall power to pay their ode to their Gurus!
It shall go a long way in inspiring and awakening a whole New Generation, especially during these times, when we need to be there for each other the most. It’s the Time for Physical Distancing and being Socially closer than ever before!
This program takes away the costs of servicing, depreciating value of the car. One can book the entire amount as expense. Time to just enjoy the immersive driving experience of the immaculate VW cars!
A Few Interesting features like :
a. Rental Holidays
b. Zero Down Payment
c. Worry- free Maintenance
d. Upto 30% Tax Benefit
Continue reading “VW India introduces Power Lease and Secured Resale Value Programs”
It is a Moment of great pride and honour for us at World Auto Forum.
In a about 4 Months ,we have exceeded 1 Million Views of our Popular Series WAF Gurus Live!
We began WGL March End 2020, while the entire world was under a lockdown! It was to empower, educate, motive and coach the Automotive and Mobility Industry members.
16 Programs, 4 Months, 87 Thought Leaders and 1 Million + Views!
A Series of focussed programs on myriad topics ranging from Dealer Health, Supply Chains, After Sales Service, Legal Compliances, Cyber Security, Solar Energy, Pre Owned Vehicles, Shared Mobility, EV and many more
Three Cheers to WAF Members, our WAF Gurus, who powered them and Our Annual Partners :
Continue reading “WAF Gurus Live Series Crosses 1 Million Views!”
Continue reading “WGL 16 : Running Factories, Warehouses & Dealerships on Solar”
Mr Sen has been serving as Deputy Director General at SIAM. He has been spearheading several activities & initiatives for the Industry and the Society at Large. He has been the secretary of several working councils at SIAM which overlook most of the activities across International Business, Market & Economic Affairs.
“Sugato sir, as we have address him at the Industry, has limitless energy of a college student, a Big heart which beats for the Industry and the Society and to top it all, Industry Knowledge and Insights which can beat any Think Tank, hands down, across the World. We hope he keeps doing the great work in different ways”, commented Anuj Guglani, CEO, World Auto Forum
Continue reading “Sugato Sen : A Strong Pillar at SIAM Superannuates”
This sad and shocking news came late last night. We lost Ashesh Dhar, Head Sales, Marketing and Customer Care EV Business at Tata Motors to cardiac arrest.
The Industry has been pouring its heart out to this horrid news.
Ashesh had been a great friend and a supportive colleague to many across his long and diverse work experience in the Automotive Industry.
He went to National High School at Srinagar and thereafter did his Mechanical Engineering from BITS Pilani.
In 1991, he joined Bajaj Auto as a GET where he served for 7 years. He then moved to TVS Motor Co and enjoyed a great stint of 10 years there.
In 2007, he joined Mahindra First Choice Wheels ( MFCW) as Vice President.
In 2011, he moved to Tata Motors where he had yet another great stint across sales, marketing, customer care. The company elevated him as head of EV Business.
He was instrumental in the creating a brand for Tata Motors in the EV Space.
Continue reading “Remembrance and Prayers for Ashesh Dhar, Tata Motors : A Big Loss to Industry”
Continue reading “WAF Gurus Live 15 : Employee Health and Safety in the Covid Era”
Continue reading “WAF Gurus Live 14 : Auto Retail Business in Covid Era”
The auto industry is one tough industry to crack. As in, enter for business or work. Most join the Industry as interns and retire as CXOs!
The Suppliers and the Dealers are also a close knit fraternity. They compete and cooperate!
Co-opetition in the Truest Sense
Whether its the technical thing or the passion or both, surely works as an insulator as well as an adhesive here!
Last 3 months + of Covid have changed a lot of things especially the “Tough to Crack” part. The industry has opened up!
The Procurement Teams at Auto Makers are a worried lot lately. Till the time there was a complete lockdown, everything was shut and it was still ok, well less worrisome!
Since the production resumed, their supplies suffered shocks almost every week. Most Auto makers follow Lean Manufacturing, Direct on Line or Just in time concepts. Now when suppliers location gets proclaimed as a Containment Zone at drop of a Hat, their supplies get stuck.
The situation exacerbates as Tier 1 Suppliers are dependent on Tier 2, Tier 3…Tier N Suppliers. Any one getting contained down the chain, the final supply to Auto makers gets affected. That vehicle booking gets cancelled at the Dealer end and thats trouble!

They become a need of the hour. There have to be back ups and redundancies at different locations as the Show Must Go On! This needs rethinking and fine tuning not just with the auto maker and Tier1 but across the supply chain. It goes beyond redundancies and covers automation, digitalisation, resource allocation & real time coordination and sharing.
Coming together and working as “One Industry, One Family” thereby becomes a pre requisite.
Continue reading “Auto Industry has its Doors & Arms Wide Open during Covid Era”
By Registering, you Agree to Our Terms & Conditions, Click here to view
Continue reading “WAF Gurus Live 13 : Legal Dispute Resolution in the Covid era”
By Registering, you Agree to Our Terms & Conditions, Click here to view
Continue reading “Pre Owned Vehicle Business in the COVID Era”
By Registering, you Agree to Our Terms & Conditions, Click here to view
Continue reading “WAF Gurus Live 11 : Make in India During Covid Era”
By Buying the Ticket, you Agree to Our Terms & Conditions, Click here to view
Continue reading “WAF Gurus Live 10 : Buy Vs Lease Vs Hire Vs Subscribe : The New Consumer”
Add Now to Your Calendar
Continue reading “WAF Gurus Live! 9 : How to Prevent and Fight Cyber Attacks”
The lockdown was announced unannounced on 24 March. Overnight everything was shut. Factories, Offices, Trains, Airports, Ports. Yes thats what Lockdown is! Never seen in India’s history. So no precedence, no reference!
The Quasi Federal Structure of our country could empower the Central Govt to do it. USA took a while to go in lockdown as they are pure federal. There, each state governor needs to ratify. Here it was just one Man’s speech and its done.
So what pushed the migrant workers to leave. The straight answer is No Money, No food, no shelter. They are the first to bear the axe. They have no Permanent employment, No EPF, no nothing. Living for the day, day in and out.
Continue reading “Migrant Workers Exodus: Whose fault is it Anyway?”
Corona means different things to different folks round the world.
On one hand, you have a few defiant industrialists who complain India got the strictest and an unwanted lockdown so early on, just to be opened up and eased out with rising cases. On the other, we have Mukesh Ambani raising US$ 7 billion from Global Investors during the same Period. Period!
There are developed nations of the west emulating Anti Covid measures of the Govt of India, of which many we began more than 2 months back.
You have the upper middle & elite class go overboard on cooking, baking, partying, binge netflixing, zooming and you have migrant workers walking 200 km without food and much water and collapsing on the roadside to die, including pregnant women.
There are companies donating to PM Cares fund and the same ones also firing their own employees citing, ‘No Money’. The law of the land allows these companies to donate their CSR Fund but stops them to use the same funds for paying salaries and if done, company directors can face arrest, prosecution and ouster! Ha ha ! Do we really need Kapil Sharma to make us laugh?
|
Continue reading “WAF Gurus Live 8 : Changing Consumer Behaviour in the Covid Era”
Continue reading “Know-how to Restart Aligned Global Supply Chains”
Abbey is a seasoned Global Marketing Professional with 26 Years + of Experience under his belt.