| |
| AUTO |
2018 Ducati Monster 821 breaks cover
October 18, 2017
Celebrating the 25th anniversary of the first Monster 900, Ducati has taken the wraps off the 2018 Monster 821. The Italian bikemaker has revealed the upcoming bike in pictures ahead of its global debut scheduled for the EICMA (Milan Motorcycle Show) next month.
The bike has received a host of updates"...
Daimler plans new structure for Mercedes, truck business
October 17, 2017
German automaker Daimler says it is moving toward implementing a new structure in which its Mercedes-Benz car division and truck and bus business would become legally independent entities under Daimler's overall roof. The company said Monday that the changes would give the divisions the entrepreneurial flexibility to react to a rapidly changing business environment. It"...
App cab rates should not dip below kaali-peeli tariff level, says fare panel
October 16, 2017
The Khatua committee set up to formulate a new fare structure for a level playing field between aggregator cabs and other taxis has recommended a limit on not only surge pricing but also the price dips that are common with Ola and Uber.
The low-end prices that aggregators like Ola and Uber switch to when they need"...
Nissan India extends Diwali offers for two days
October 15, 2017
The Indian arm of Japanese carmaker Nissan and Datsun India will extend the ‘Biggest Diwali Carnival’ for two more days, October 14-15.
The first phase of Biggest Diwali Carnival, a 100-hour, non-stop event held at all Nissan and Datsun dealerships in India from October 7-10, generated highly positive response from car shoppers.
To continue to delight holiday shoppers considering a car purchase during the festive season,"...
The 2017 World Branding Awards sees 245 Winners from 32 Countries Awarded at Kensington Palace
October 13, 2017
(AETOS Wire)-- The fourth edition of the prestigious World Branding Awards saw 245 brands from 32 countries named “Brand of the Year” in a glittering ceremony held in the main entrance and Orangery at Kensington Palace today. Global tier winners included Apple, Beijing Tong Ren Tang, BMW, Cartier, Club Med, Coca-Cola, Facebook, Google, Lego, L'Oréal, Louis Vuitton, McDonald's, Nescafé,"...
Automobile sector is giving the economy a Diwali sparkle
October 11, 2017
India’s automobile sector is giving the economy a Diwali sparkle. The country’s passenger vehicle sales grew the fastest among major automobile markets in the world in the fi rst eight months of the year, signifi cantly ahead of auto giant China, albeit on a lower base. Despite demonetisation and the goods and service tax (GST) impacting demand, sales rose 9.57% to 2.12 million between January and August. China sales rose 2.24% to 14.8 million units. US sales dropped 12.15% to 4.13 million units in the same period. SIAM had estimated at the beginning of the financial year that passenger vehicle sales will grow 7-9% in FY18. Growth in the first half has been in line with projections at 9.16% and the momentum is expected to continue into the second half. Salary increases at the state & central level following pay commission recommendations are driving demand. Demand for......
Velodyne LiDAR More Than Quadruples Production for Autonomous Vehicle Surge
October 11, 2017
(AETOS Wire)-- Velodyne LiDAR Inc., the world leader in 3D vision systems for autonomous vehicles, today announces that it has more than quadrupled production for its high-performance LiDAR sensors to meet strong global demand. As a result, Velodyne LiDAR’s sensors are immediately available via distribution partners in Europe, Asia Pacific, and North America, with industry standard lead-times for direct contracts. “Velodyne"...
M&M in talks with Karnataka for investments to expand EV unit
October 10, 2017
Mahindra & Mahindra is in talks with the Karnataka government for further investments in the state as it looks at expanding capacity in its electric vehicles division Mahindra Electric. Karnataka’s large and medium industries minister RV Deshpande said he had a meeting with M&M chairman Anand Mahindra on Friday to discuss proposal. “They’re also looking at Karnataka to invest,” he said. In a first, the state had last month passed Karnataka Electric Vehicles & Energy Storage Policy 2017 to make the state a hub for electric vehicles and battery manufacturing. It looks to attract investments of Rs 31,000 crore under the policy. “There are many proposals that we are looking at and I’m happy that this policy has come about with the help of all its stakeholders,” Deshpande told ET on the sidelines of a roadshow conducted by CII for a vendor......
Esma launches smart system to monitor tyres
October 10, 2017
The Emirates Authority for Standardisation and Metrology (Esma) has launched a modern generation of tyre monitoring system in the UAE, which includes the use of a smart chip planted inside tyres and connected to a national vehicle monitoring system.
The system is seen as an effective way of monitoring the safety and reliability of vehicle tyres on the country’s roads, reported Wam, the Emirates official news agency.
The UAE is the first country to apply this system to improve the safety of"...
Luxury carmakers shrug off GST impact and note ban, post double-digit growth
October 9, 2017
Unlike mass segment cars and two-wheelers, the luxury cars segment has been able to shrug off the impact of demonetization and GST implementation. Luxury vehicle manufacturers like Mercedes Benz, BMW and Volvo cars have posted a double-digit growth in the first nine months of the calendar year 2017 and are on track to maintain the momentum. The first nine months have been a roller coaster ride for the overall automobile industry, especially the first three months (January, February and March) were impacted by demonetization. Later the implementation of GST disturbed the demand cycle for the months of July, August and September. With all these, still the luxury car buyers are queuing up at the dealerships. This will be the first year, when the luxury carmakers would be seeing a double-digit growth, after two years of little or no growth because of the 2000cc diesel engine ban. German luxury......
|
|
|
|
|