Day: May 2, 2020

Top Five: Vehicle sharing projects that have hit the brakes

By now, we are very acquainted with the four building blocks of the future vehicle business – Related technologies, Autonomous Automobiles, Shared mobility and Electrification. On the other hand, not all four Case spots are created equal.

So, though electrical motor vehicles keep on being priority quantity just one, as carmakers look for to lessen their fleet emissions and thus prevent considerable fines, and autonomy and connectivity each keep on being crucial focuses, car sharing has rather fallen out of favor.

Prohibitively high-priced charges of managing the strategies, the lack of shoppers many thanks to coronavirus, and

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HMSI announces changes in executive team, Auto News, ET Auto

HMSI has appointed Atsushi Ogata as new President, CEO and Managing Director.
HMSI has appointed Atsushi Ogata as new President, CEO and Managing Director.

New Delhi: Honda Motor Firm on Friday introduced the new top rated management in Honda Bike & Scooter India (HMSI).

The corporation has appointed Atsushi Ogata as new President, CEO and Managing Director of HMSI after Minoru Kato, with quick effect. HMSI claimed in a release. Ogata is also an Functioning Govt at Honda Motor in Japan.

Kato, who after spearheading Honda’s Indian two-wheeler functions for 3 several years, returns to Japan with effect from 1st Might 2020, HMSI claimed.

Apart from, HMSI has appointed V. Sridhar as

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Mahindra’s Farm Equipment domestic sales dip 83% to 4,716 units in April 2020, Auto News, ET Auto

Mahindra exported 56 tractor last month, down 95% from 1,057 units sold in the year-ago period.
Mahindra exported 56 tractor final month, down ninety five% from 1,057 models offered in the yr-in the past time period.

New Delhi: Mahindra & Mahindra’s Farm Products Sector (FES) on Friday recorded eighty three % decrease in domestic income in April 2020 at four,716 models impacted by the coronavirus outbreak, the company reported in a push release.

The company had offered 27,495 models in the same month final yr, the company further extra.

Whole tractor income (Domestic + Exports) in the course of April 2020 have been at four,772 models, as from 28,552 models for the same time period final

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Varroc CEO quits; third senior level exit in two years, Auto News, ET Auto

Ashwani Maheshwari is likely to join a component maker based in Gurgaon, as ETAuto source informed.
Ashwani Maheshwari is likely to be part of a component maker dependent in Gurgaon, as ETAuto resource knowledgeable.

New Delhi: Ashwani Maheshwari, Chief Govt Officer (India enterprise) and whole-time director of Varroc has resigned from his position. Thursday was his last performing working day, a resource near to the development verified to ETAuto.

According to resources, he is likely to be part of a Gurgaon-dependent component maker, which is not a direct level of competition of Varroc. He get up the new accountability formally following the lockdown is lifted. On Friday, the lockdown was prolonged for the 3rd time till

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EV companies tweak product strategy, defer capex to meet post-Covid scenario, Auto News, ET Auto

EV companies tweak product strategy, defer capex to meet post-Covid scenarioChennai: The electric car field is preparing for daily life immediately after lockdown by deferring capex and tweaking its solution method to concentration on new and rising segments.

EV brands which include Hero Electric, Kinetic, Mahindra Electric and many others have indicated deferral of capex and programmes considered non-vital in an effort to preserve cash.

“We will commit only in the most vital programmes which we have presently started off and all other capex programmes will be postponed by 2-three quarters. Some programmes like 50 % tonne supply fleet car will continue,” reported Sulajja Firodia, founder & CEO, Kinetic Green

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