Author: Central Desk

Infineon Technologies, a trailblazer in semiconductor technology, alongside Honda Motor, a titan in the automotive world, today declared a strategic partnership that will catalyze a new wave of technological advancements in the automotive sector. This Memorandum of Understanding serves as the bedrock for this innovative venture. This union positions Infineon as a crucial semiconductor collaborator for Honda, aligning its visions for future products and technological advances. The partnership’s scope extends beyond mere collaboration; it signifies a commitment to rapidly bringing to market revolutionary automotive technologies. The MoU outlines key areas of focus, including supply chain fortification and a bidirectional flow…

Cox Automotive, a trailblazer in electric vehicle (EV) battery health and innovation, recently inaugurated its latest EV Battery Solutions service center in Conyers, Georgia. This strategic expansion into the Southeastern United States aligns with Georgia’s dynamic growth in the EV industry, spotlighting the state as a magnet for significant investments from automakers and battery producers. The move underscores Cox Automotive’s unwavering commitment to advancing electric mobility and solidifies its leadership in the domain of EV battery wellness. Lea Malloy, AVP of EV Battery Solutions at Cox Automotive, underscored the significance of this expansion. She articulated the company’s resolve to bolster…

A landmark event signaling India’s ascendancy within the global automotive landscape, the Bharat Mobility Global Expo 2024, commences tomorrow at New Delhi’s Bharat Mandapam in Pragati Maidan. From February 1st to 3rd, this expo emerges as a symbol of India’s rapidly evolving role in automotive manufacturing, potentially establishing the country as a dominant force in the global market. Backed by an array of Indian government ministries, including those dedicated to Commerce and Industry, Heavy Industries, Road Transport and Highways, Petroleum and Natural Gas, Power, and New and Renewable Energy, the Expo unites automotive sector influencers under one banner. This strategic…

Defying odds, Toyota Motor continues to outpace rivals in the global automotive race, marking its fourth year as the industry leader in sales. This triumph, announced with a record 11.2 million vehicles sold in 2023, unfolds against a backdrop of corporate scandals within its subsidiaries. Stellar Performance Despite Internal Strife Toyota’s sales surge of 7.2 percent globally in 2023 encompasses contributions from Daihatsu and Hino Motors. Nevertheless, these subsidiaries, along with Toyota Industries, are mired in controversies over vehicle and engine certification tests, threatening the marque’s esteemed reputation for reliability and safety. Chairman’s Contrition and Ethical Directive In a candid…

Continental’s latest venture at its Otrokovice tire plant – a fully automated high-bay warehouse is a pioneering stride in the realm of logistics and environmental consciousness. This facility, comparable in stature to the iconic Statue of Liberty, showcases an impressive blend of technological innovation and commitment to green practices. Spanning 10,000 square meters, the warehouse boasts the capability to house upwards of 930,000 tires. Its unique design features high racks and compact aisles, facilitating both vertical and horizontal storage. Robots, tasked with tire dispatch, navigate this space, maneuvering pallet-stored tires with unparalleled precision and efficiency. Dr. Bernhard Trilken, Head of…

Hyundai Motor Company’s recent divestment of its Russian manufacturing operations to Art-Finance marks a pivotal shift in the South Korean automaker’s global strategy. This move, two years after Russia’s incursion into Ukraine, signals a broader reconfiguration within the international automotive industry. The transaction, detailed by Reuters, encompasses Hyundai’s transfer of its two St. Petersburg plants to Art-Finance. The deal, greenlit by Russian authorities and the federal anti-monopoly body, was finalized for 10,000 roubles, approximately $A168.44. This sum signifies a substantial financial downturn for Hyundai, with the company absorbing a loss of about $A325.8 million. Hyundai’s decision, while economically strenuous, underscores…

Tata Motors, a commercial vehicle manufacturer juggernaut in India, heralded a new era in trucking with the launch of the Turbotronn 2.0 engine. This technologically superior, fuel-efficient engine, a product of indigenous innovation, is set to power Tata’s 19-42 tonne truck range, catering to diverse sectors. Specifically designed for the evolving needs of e-commerce, logistics, and courier services, the Turbotronn 2.0 addresses customer demands with an enhanced driving experience and robust performance, while significantly reducing Total Cost of Ownership (TCO). Enduring rigorous testing over 30 lakh kilometers and 70,000 cumulative hours across varied duty cycles and challenging terrains, the Turbotronn…

Robust labor demands and movements have swept through the global automotive sector, with reports now revealing that Toyota, the Japanese auto giant, is under pressure from its labor union to grant the largest annual bonus in its history. The Toyota Motors union is set to finalize its demand for a historic bonus in the financial year ending March, aiming for 7.6 months of pay, surpassing the previous high of 7.2 months as reported by Reuters. This demand follows suit with other major automakers such as Tesla, Hyundai, and Honda, which have all increased wages in specific markets after successful strikes…

Tesla’s Model Y has clinched the title of the world’s best-selling car for 2023, unseating Toyota from its longstanding position and marking a significant milestone in the evolution of the electric vehicle (EV) market. Preliminary data from JATO Dynamics reveals that the Model Y achieved an extraordinary 64% year-on-year surge, solidifying its status as the first electric vehicle to lead the global market with an estimated 1.23 million units sold. Global Analyst Felipe Munoz at JATO Dynamics commended Tesla’s achievement, stating, “The increase in global sales of the Model Y is unprecedented, particularly for a vehicle in the top ten…

Rolls-Royce has launched its first-ever electric vehicle, the Spectre, in India. Priced at a staggering $1 million (₹7.5 crore), the Spectre now holds the title of the most expensive electric vehicle available in the country. This launch represents a monumental shift for the British luxury carmaker and sets a new benchmark in India’s evolving electric vehicle market. Currently, the most expensive gasoline car in India is the Bentley Mulsanne EWB Centenary Edition, priced at $2 million or ₹14.5 crore. This comparison highlights the rapidly growing presence and influence of electric vehicles in the luxury automotive sector, even as they begin…