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28/02/2022

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28/02/2022

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29/12/2021

Toyota Kirloskar Motor (TKM) on Wednesday announced organisational changes with effect from January 1, 2022. Key resources have been aligned and assigned responsibilities in a way, so as to drive synergy and efficiency throughout the organisation, the automaker said in a statement. As part of the senior level restructuring, the company has appointed Raju B Ketkale as Executive Vice President, Manufacturing and Yoshinori Noritake as Executive Vice President & Chief Technical Officer....

Toyota Kirloskar Motor announces organisational changes Leave a Comment / Blog / By user Toyota Kirloskar Motor (TKM) on Wednesday announced organisational changes with effect from January 1, 2022. Key resources have been aligned and assigned responsibilities in a way, so as to drive synergy and eff...

29/12/2021

Amara on Wednesday said it plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for e-mobility. The initial investment will give the company a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region's determined EV push, the company said in a statement....

Amara Raja to invest in Europe-based InoBat Auto Leave a Comment / Blog / By user Amara on Wednesday said it plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for e-mobility. The initial investment will give the company a key foothold in...

29/12/2021

Despite losing almost half a million units on account of shortage of semiconductors, Indian light vehicle market is set to close 2021 as the fastest growing amongst the top-10 automotive markets in the world. This also will be the highest growth posted by passenger vehicle makers in a decade. The Indian light vehicle market production, which includes cars, utility vehicles, vans and pickup trucks, is set to close at 4.05 million, registering a growth of 24-25% in 2021, according to global automotive forecasting firm IHS Markit....

Auto firms post strong growth despite chip woes Leave a Comment / Blog / By user Despite losing almost half a million units on account of shortage of semiconductors, Indian light vehicle market is set to close 2021 as the fastest growing amongst the top-10 automotive markets in the world. This also....

28/12/2021

Toyota Kirloskar Auto Parts (TKAP) on Tuesday announced a top level management change with K N Prasad set to takeover as its managing director. Currently, Prasad is serving as the senior vice president of the company. He will take charge from K G Mohan Kumar after getting appointed by the Board of Directors in a meeting to be held in January 2022, the company said in a statement....

28/12/2021

Fiscal year 2020-21 began with a historic month of zero vehicle sales and progressed with many challenges on its way. Similarly, FY22 also started with the second COVID wave, followed by the tough times for the automobile industry. Amid all the ups and downs, the auto companies made a large number of changes in their senior leadership positions. According to Pankaj Dutt, Regional Leader - South East Asia, …...

What pushed CXOs to the edge in Covid world; Over 100 senior execs quit since April 2020 Leave a Comment / Blog / By user Fiscal year 2020-21 began with a historic month of zero vehicle sales and progressed with many challenges on its way. Similarly, FY22 also started with the second COVID wave, fol...

28/12/2021

Automobile portal CarDekho, which had raised $250 million in a funding round led by Leapfrog Investments in October, is looking to expand its footprint in Southeast Asia after commencing operations in Malaysia recently. Girnar-Software-owned CarDekho sells vehicles online in the National Capital Region, Mumbai and Bengaluru. It has businesses in Indonesia and Philippines as well. "We will focus on growing our footprint in Southeast Asia mid-term....

CarDekho maps a South East Asia trip from Malaysia Leave a Comment / Blog / By user Automobile portal CarDekho, which had raised $250 million in a funding round led by Leapfrog Investments in October, is looking to expand its footprint in Southeast Asia after commencing operations in Malaysia recent...