Automotive Division
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McLaren's Long Time CEO Mike Flewitt Has Resigned
Under Flewitt, cars like the McLaren P1, Senna, 720s and Speedtrail were launched as it diversified beyond just hypercars.
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India's Mahindra And Mahindra Flags Production Hit Due To Chip Shortage
Indian car maker Mahindra and Mahindra said on Thursday it expects a 20%-25% drop in September vehicle production at its automotive division due to semiconductor shortages.
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Volkswagen Owned MAN To Go Fully Electric 2024 Onwards
Volkswagen is the boldest of all mainstream automotive groups having committed upwards of $80 billion towards electric cars.
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Apple Reportedly Looking To Reinvent The Supply Chain Of AutomobilesÂ
The Apple Car division in the recent past has been led by John Giannandrea who is the AI and machine learning boss at the Cupertino-based tech company.
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BMW Cuts Margin Outlook For Cars Division, Citing Coronavirus Woes
BMW on Tuesday lowered the outlook for the profitability of its automotive and motorcycles divisions, citing worse-than-expected demand which has been hit by measures to contain the coronavirus.
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BMW's Higher Margin SUV Sales Help Drive 33% Profit Rise In Germany
BMW's third-quarter operating profit rose 33 per cent on stronger sales of sports utility vehicles as well as the absence of one-off factors which had depressed earnings a year earlier, the German luxury carmaker said on Wednesday. The Munich-based company said its earnings before interest and taxes (EBIT) rose to 2.29 billion euros ($2.54 billion)...
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Hyundai Rumoured To Buy Fiat Chrysler Automobiles
The global automotive power corridors have been awash with the rumour of the Hyundai group looking to buy out FCA - Fiat Chrysler Automobiles. The Hyundai group currently consists of Hyundai, Kia and Hyundai's parts division Mobis. The Fiat Chrysler Automobiles Group on the other hand consists of manufacturers like Fiat, Chrysler, Alfa Romeo, Lanci...
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Schaeffler Dissolves Bearing Component Unit To Streamline Structures
Schaeffler AG has decided to realign the Industrial division and add a third corporate division, Automotive Aftermarket. The Bearing Components & Technologies unit will be dissolved and all Schaeffler plants without a divisional allocation will become part of either the Automotive OEM or Industrial division.
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Panasonic Expects Autonomous Driving System Launch In 2022
Panasonic has been pushing to expand its range of advanced driving-related products to better compete with top suppliers such as Bosch and Continental AG.
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Apple's Work With Bosch Hints At Pursuit Of Autonomous Technology
While Apple may not be working on its own driverless car, the tech giant has seemingly not given up the pursuit of autonomous tech yet. According to Automotive News, in February the company published a list of suppliers it is working with which includes Bosch.
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Apple's Car Project Now Said to Be Focussing on Developing Autonomous Driving Software
Apple has hired the former head of BlackBerry's automotive software division as new leadership at the iPhone-maker's car team.
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Philips Launches In-Car Air Purifier in India
With growing concerns over air pollution in the country, air purifiers are gaining momentum in terms of sales. And Philips' automotive division Lumileds has taken this opportunity to launch an in-car air purifier, the Philips GoPure Compact 110, priced at Rs. 7,999.
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SsangYong Tivoli Compact SUV Launched in Korea
SsangYong Motor - a Mahindra group company has unveiled the Tivoli - a compact SUV, in Seoul. Mahindra Group Chairman Anand Mahindra joined M&M's President, Automotive division Pawan Goenka, and SsangYong Chairman Yoo-Il Lee at the launch.
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Bosch appoints regional president for automotive aftermarket business
Guenter Weber replaces S. Murlidharan as the Regional President for Automotive Aftermarket business of Bosch Limited, effective from November 1, 2013. His expertise in marketing, sales, engineering and manufacturing will come handy in the company's expansion plans in India.
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Mahindra Two Wheelers to shift Operations to Farm Equipment
Mahindra & Mahindra will merge its Two Wheelers division with the automotive and farm equipment division. The move comes in the wake of appointment of Rajesh Jejurikar, the present, chief-executive, tractor and farm mechanisation, to lead the division when the current President Mr. Anoop Mathur retires on 31st March, 2014.
-
McLaren's Long Time CEO Mike Flewitt Has Resigned
Under Flewitt, cars like the McLaren P1, Senna, 720s and Speedtrail were launched as it diversified beyond just hypercars.
-
India's Mahindra And Mahindra Flags Production Hit Due To Chip Shortage
Indian car maker Mahindra and Mahindra said on Thursday it expects a 20%-25% drop in September vehicle production at its automotive division due to semiconductor shortages.
-
Volkswagen Owned MAN To Go Fully Electric 2024 Onwards
Volkswagen is the boldest of all mainstream automotive groups having committed upwards of $80 billion towards electric cars.
-
Apple Reportedly Looking To Reinvent The Supply Chain Of AutomobilesÂ
The Apple Car division in the recent past has been led by John Giannandrea who is the AI and machine learning boss at the Cupertino-based tech company.
-
BMW Cuts Margin Outlook For Cars Division, Citing Coronavirus Woes
BMW on Tuesday lowered the outlook for the profitability of its automotive and motorcycles divisions, citing worse-than-expected demand which has been hit by measures to contain the coronavirus.
-
BMW's Higher Margin SUV Sales Help Drive 33% Profit Rise In Germany
BMW's third-quarter operating profit rose 33 per cent on stronger sales of sports utility vehicles as well as the absence of one-off factors which had depressed earnings a year earlier, the German luxury carmaker said on Wednesday. The Munich-based company said its earnings before interest and taxes (EBIT) rose to 2.29 billion euros ($2.54 billion)...
-
Hyundai Rumoured To Buy Fiat Chrysler Automobiles
The global automotive power corridors have been awash with the rumour of the Hyundai group looking to buy out FCA - Fiat Chrysler Automobiles. The Hyundai group currently consists of Hyundai, Kia and Hyundai's parts division Mobis. The Fiat Chrysler Automobiles Group on the other hand consists of manufacturers like Fiat, Chrysler, Alfa Romeo, Lanci...
-
Schaeffler Dissolves Bearing Component Unit To Streamline Structures
Schaeffler AG has decided to realign the Industrial division and add a third corporate division, Automotive Aftermarket. The Bearing Components & Technologies unit will be dissolved and all Schaeffler plants without a divisional allocation will become part of either the Automotive OEM or Industrial division.
-
Panasonic Expects Autonomous Driving System Launch In 2022
Panasonic has been pushing to expand its range of advanced driving-related products to better compete with top suppliers such as Bosch and Continental AG.
-
Apple's Work With Bosch Hints At Pursuit Of Autonomous Technology
While Apple may not be working on its own driverless car, the tech giant has seemingly not given up the pursuit of autonomous tech yet. According to Automotive News, in February the company published a list of suppliers it is working with which includes Bosch.
-
Apple's Car Project Now Said to Be Focussing on Developing Autonomous Driving Software
Apple has hired the former head of BlackBerry's automotive software division as new leadership at the iPhone-maker's car team.
-
Philips Launches In-Car Air Purifier in India
With growing concerns over air pollution in the country, air purifiers are gaining momentum in terms of sales. And Philips' automotive division Lumileds has taken this opportunity to launch an in-car air purifier, the Philips GoPure Compact 110, priced at Rs. 7,999.
-
SsangYong Tivoli Compact SUV Launched in Korea
SsangYong Motor - a Mahindra group company has unveiled the Tivoli - a compact SUV, in Seoul. Mahindra Group Chairman Anand Mahindra joined M&M's President, Automotive division Pawan Goenka, and SsangYong Chairman Yoo-Il Lee at the launch.
-
Bosch appoints regional president for automotive aftermarket business
Guenter Weber replaces S. Murlidharan as the Regional President for Automotive Aftermarket business of Bosch Limited, effective from November 1, 2013. His expertise in marketing, sales, engineering and manufacturing will come handy in the company's expansion plans in India.
-
Mahindra Two Wheelers to shift Operations to Farm Equipment
Mahindra & Mahindra will merge its Two Wheelers division with the automotive and farm equipment division. The move comes in the wake of appointment of Rajesh Jejurikar, the present, chief-executive, tractor and farm mechanisation, to lead the division when the current President Mr. Anoop Mathur retires on 31st March, 2014.
