Why it won’t be a Cakewalk for MG Motor at India | The Auto World This Week – May 31, 2019

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

 

Why it wont be a Cakewalk for MG Motor at India ?
MG, Morris Garages, the Iconic British car brand owned by the Chinese Auto Co SAIC is all set to make its brand debut in India with the SUV, MG Hector. 

 

Ather Energy Raises $51 Mn In Round Led By Sachin Bansal
Bengaluru-based electric two-wheelers maker Ather Energy, has raised an investment of $51 Mn in its latest round of funding, led by Flipkart cofounder Sachin Bansal’s who poured in $32 Mn.

 

Hyundai gears up to launch luxury brand Genesis in India
Hyundai Motor Co. will launch its luxury brand Genesis in the Indian market after 2020 and will test the acceptance of its models in the premium segment by first introducing its Kona electric SUV in July, three people aware of the development said.

 

 

Leyland delivers goods in Q4, but demand remains challenge for CVs in near term
In mid-February, shares of Ashok Leyland Ltd had fallen almost 54% from their highs in 2018 to ₹78…



GLOBAL AUTO NEWS

 

Toyota expects fuel cell prices to match hybrids
GOTHENBURG, Sweden — Toyota believes the price of fuel cell cars will match those of hybrids within 10 years, the automaker’s European head of sales and marketing, Matt Harrison

 

FCA, Renault face tall odds delivering on cost-cutting promises in merger
Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds 

 

Component manufacturing demand a good sign for South Africa’s automotive industry
After 2021 South Africa’s automotive industry growth is set to be bigger when government policy demanding more than 50% local content kicks in..

 

BYD delivers Argentina’s first electric buses
The electric buses are the first fleet of its kind in Argentina, signifying a major milestone in the electrification of public transportation in the South American country.



 

The Art of an M&A Deal Negotiation -Live Examples not Just Theory by Bhupinder Singh CEO Sunbeam Auto



 

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