Auto Giants bullish on pre-engineered buildings
Urban demand, festive sales, EV transition and pre-buying due to the BS6 Phase 2 transition has significantly increased the demand in automobile sector. Furthermore, the increasing presence of Indian OEM suppliers in the auto component-manufacturing segment means that they are expanding their production capacities, driven by rising demand for automotive components, both domestically and internationally, necessitating increased manufacturing capabilities to meet the requirements of the global automotive supply chain.

ET Road Safety & Safer Mobility Forum 2023: Pioneering Solutions for India's Road Safety Surge
The Ministry of Road Transport and Highways (MoRTH) recently released its 'Road Accidents in India-2022' report, revealing an 11.9% increase in road accidents, which resulted in over 61,000 deaths. The report underscores the critical need to address factors such as over-speeding, reckless driving, and non-compliance with traffic regulations.

Domestic OEMs seek level playing field as govt toys with sops to Tesla, Vinfast
New Delhi: India’s electric vehicle (EV) is in a churn as domestic vehicle OEMs have already lined up hundreds of thousands of crores in the development of local supply chains while the government looks to attract global EV manufacturers with sops.

Indian startup unfolds intelligent instrument cluster for EVs
New Delhi: In an era where sustainability meets sophistication, this startup's smart instrument cluster stands as a testament to India's prowess in shaping the future of electric mobility. Against the backdrop of EVangelise '23, organised by iCreate, Ahmedabad, an Indian startup, the Bengaluru-based Auklr Technologies, introduced an intelligent instrument cluster poised to redefine the driving experience for electric vehicles.

Hyundai plans INR 700 cr battery plant in Chennai by 2025
New Delhi: Hyundai Motor India is placing a strategic emphasis on localizing battery packs as a pivotal factor in reducing the costs of its electric vehicles (EVs) in the country. This move comes in response to global skepticism surrounding EVs and the perceived affordability barrier hindering their widespread adoption, as reported by a business daily.

Seafund Ventures invest INR 5 cr in 5 sustainability-focused startups
New Delhi: Early stage-focused Seafund Ventures has invested INR 5 crore across 5 sustainability-focused startups. The fund plans to invest 20% of its entire investible corpus in Clean Energy and the EV value chain including sectors like Transportation, Logistics and Circular Economy. Seafund is currently raising its second fund with a target corpus of INR 250 crore.

New EV policy may offer firms import tariff relief
New Delhi: A Comprehensive Policy to encourage electric vehicles (EV) manufacturing in the country may give the players the facility to import these vehicles, including as completely built units (CBUs), at concessional tariffs for an initial period, a senior official said. These incentives, however, would be subject to definitive investment obligations in green-field EV plants in the country. The extent of investment obligation as well as the rate of increase in the local content of the sales by EV players would be decided by an inter-ministerial group (IMG), the source said. According to a proposal under consideration, interested auto player will be allowed to import "a certain number of CBUs" in lieu of their investment commitments. However, this number will be regulated in keeping with the actual investments made by the car maker on a periodic basis. 

Made-in-India Tesla inches closer: Agreement with Musk's co in works
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking.

Toyota Kirloskar Motor to invest INR 3,300 cr on a greenfield project in Karnataka
Bengaluru: To enhance its existing production capacity and meet the growing customer demand, Toyota Kirloskar Motor (TKM) on Tuesday signed a Memorandum of Understanding (MoU) with the Government of Karnataka to operate a third plant in the State. The automaker will invest around INR 3,300 crore to set up the new plant scheduled to be completed by 2026.

Formula E: Mahindra Racing signs up Kush Maini as reserve driver
23-year-old Kush Maini from Bangalore joins the Indian team on the Formula E grid after an impressive rise through the FIA single-seater pathway over the past seven years.

Tamil Nadu to get Rs 50,000 cr investments in EV sector by 2025: Minister

https://auto.economictimes.indiatimes.com/news/industry/subsidies-galore-on-offer-for-firms-setting-up-battery-swapping-stations-tn-minister-at-ev-conclave/105399681 The investments will help the state in achieving its sustainable development goals, said T R B Rajaa, minister for industries, investment promotion, and commerce.

Auto stocks face most FPI selling in first-half of November

Mumbai: Foreign Portfolio Investors (FPIs) sold shares worth ₹9,344 crore across 16 out of the 24 sectors under consideration between November 1 and 15, according to data from National Securities Depository Ltd (NSDL). The outflow was highest in automobiles, financial services, power, information technology (IT) and fast-moving consumer goods (FMCG) while inflows were highest in healthcare, consumer services, realty and other sectors for the period.

Toyota to expand footprint in India

Japan’s Toyota Motor Corp. will invest Rs3300 crore to build its third manufacturing facility in India as it seeks to meet robust demand for its existing vehicles and be future-ready for producing clean technology cars.

ACIL insolvency: SC relief to lenders

Clearing the roadblock for the lenders, the Supreme Court on Tuesday set aside the National Company Law Tribunal order that directed revaluation of assets of auto components maker Acil Ltd, despite an overwhelming number of creditors with a majority vote of 88.56% approving it in August 2019.

Ford Business Solutions in Chennai turns 25; today nerve centre for Ford Motor Company globally
 

Tesla nearing deal with India for car exports and $2 billion plant
India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government’s thinking. An announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private. The states of Gujarat, which is Prime Minister Narendra Modi’s home base, Maharashtra and Tamil Nadu are under consideration because they already have well-established ecosystems for electric vehicles and exports, another person said.

Volkswagen India launches Sound Edition on Taigun and Virtus; price starts at INR 15.51 lakh
New Delhi: Volkswagen India today introduced the Sound Edition on its GNCAP 5-Star safety rated line-up of Taigun and Virtus. Amplifying exciting driving experiences of its German-engineered Taigun and Virtus, Sound Edition is set to evoke the audiophile in you with a specially tuned audio system that gets your pulse racing.

Maruti Suzuki declares 5 startups as winners of MAIL Cohort 8
New Delhi: Maruti Suzuki announced the winners of Cohort 8 of its Mobility & Automobile Innovation Lab (MAIL) - a program part of the Maruti Suzuki Innovation umbrella. This initiative aims to offer innovative solutions to enhance efficiency across business areas. At Cohort 8, five startups were declared as the winners namely Metadome.ai, Only Good, YeppAR, Twyn and Pushpak.

MG Hector witnesses price hike of up to Rs 40,000
MG has announced that the prices of the Hector SUV will go up by up to Rs 40,000. With the price hike, the MG Hector now costs Rs 15 lakh, ex-showroom. The carmaker had reduced the price of the Hector in September this year and has now hiked it again.

Renault India announces nationwide winter camp till November 26
 Renault claims to be offering a five per cent additional discount on spare parts and accessories as well as a complimentary car wash to its customers. Besides that, the customers who are planning to extend their car's warranty would get a 10 per cent discount on the warranty package and roadside assistance, claimed the automaker.

Toyota silently launches Innova Hycross GX limited edition in India with a few cosmetic updates, priced at ₹20.07 lakh
 Moving inside the cabin, the Toyota Innova Hycross GX Limited Edition gets a new soft-touch dashboard that features a chestnut brown colour, which is standard on the VX trim of the MPV. The same colour theme is on the door trims as well. The standard GX trim gets black plastic on the dashboard and door trims.

VECV chief says electrification of trucks possible if new business models are adopted
The electric truck segment in India will need new business models and unit economics to become practical says Vinod Aggarwal, MD, VE Commercial Vehicles.

Tata Motors begins CV sales and service in Thailand through Inchcape plc
New Delhi: Tata Motors, one of the world’s leading automobile manufacturers, along with its authorised distributor Inchcape plc – a leading global automotive distributor, has commenced sales and service of its commercial vehicles across Thailand.

Commercial Vehicle demand to come from replacement market: VECV MD
New Delhi: Strong demand from the replacement market is expected for commercial vehicles (CVs) this year, apart from other reasons such as the growing economy and infrastructure developments, which will lead to the highest-ever growth this year with more than 10-lakh units, an industry veteran said.

Undeterred by price rise, CV sales likely to set a new record in FY24

The ET report said that more costly, heavy-duty vehicles are leading the sales as the government continues to spend on expanding road infrastructure. The report said that FY24 sales are expected to surpass the previous record of 1,007,311 units in the pre-Covid year of FY19. However, the revenue is likely to go up 30 per cent compared with FY19, the ET report said.

2024 Hyundai Tucson unveiled: Refreshed design, interior, specs
Hyundai has taken the covers of the 2024 Tucson for the global market. The SUV is expected to make its debut in India next year. Mechanically, the Tucson remains more or less the same, but now gets tweaked exteriors and spruced cabin. The current version of Tucson was launched in August last year in India.

2025 Renault Duster design sketch leaked ahead of global debut
Duster will get a grand makeover very soon. The third-generation Duster will be making its global debut on November 29. Ahead of its debut, design sketches of the upcoming new-gen Duster have leaked online. Test mules of the mid-size SUV have already been spotted during trial runs in foreign countries.

TAFE launches electric tractor and showcases hydrogen range at Agritechnica 2023
TAFE (Tractors and Farm Equipment), a leading manufacturers and exporter of tractors from India is betting big on alternate energy mix. The company recently launched its electric tractor and displayed a hydrogen tractor marking its debut at Agritechnica 2023, the world’s largest trade fair for the agriculture segment.

TVS Motor’s shares up on launching NEO AMI 125 in Africa
TVS Motor Company Ltd’s shares were up by 0.28 per cent after the company launched the TVS NEO AMI 125 in Africa, catering to commuting needs with 72 new features. The company reported that the Bebek is designed around the principles of dimensions, convenience, and innovation, featuring a 124.8cc single-cylinder, fuel-injected engine. The bike comes in vibrant colors: violet blue, ruby red, and heritage black and offers a power of 9.8 bhp and torque of 10.8 nm

Yamaha R3 and MT-03 to launch on 15th December, will rival KTM RC 390 and 390 Duke
The R3 and MT-03 will be competing against the Kawasaki Ninja 300, KTM RC 390, 390 Duke, TVS Apache RR 310, TVS Apache RTR 310, BMW G 310 RR and BMW G 310 R. Yamaha used to sell the R3 when it was in its BS4 stage but then it was discontinued. Then there is the MT-03 which is landing on the Indian shores for the very first time. The motorcycles are coming to India through the CBU route which means they will not be as aggressively priced as the KTMs.

Top 5 scooters sold in Oct— Activa unshakable from top spot
Scooters have been the go to option for the humongous middle class buyers in India as their choice of daily commutes. A large chunk out of the total two-wheeler sales of 18,95,799 units registered in October this year belonged to scooters. Let’s look at the 5 best-selling scooters in India for October 2023.

Triumph Rocket 3 recalled in the US over faulty rear brake
In order to fix the same, Triumph will install a larger 14 mm rear master cylinder, which should allow the flow of oil adequately. The recall is specific to the US at the moment and it needs to be seen if it will be extended to other markets. The Rocket 3 is sold in India as well and the bike arrives as a Completely Built Unit (CBU). The motorcycle is priced from a whopping ₹19.90 lakh, going up to ₹21.50 lakh (ex-showroom, India).

Husqvarna Vitpilen 250 caught testing: Engine specs, features
Husqvarna has been working on the facelift Vitpilen 250, which is expected to make its debut next year in India. Recently, the test mule of the 2024 Vitpilen 250 was spotted testing in Pune. Here’s what to expect from the updated Vitpilen 250. 

New Honda CB350 confirmed for launch in Japan with a new name and colours
Honda Japan has not revealed details on the GB350 C but the retro roadster is expected to be similar to the Indian version. Power will come from the same 348.36 cc single-cylinder, air-cooled engine tuned for 20.7 bhp at 5,500 rpm and 29.4 Nm of peak torque at 3,000 rpm. The motor is paired with a 5-speed gearbox and a slip-and-assist clutch. The retro styling comes from significant design changes over the CB350 H’ness including the extended metal fenders, colour-matched metal fork covers, a peashooter-styled exhaust and brown split seats. Compared to the H’ness, the new CB350 weighs 6 kg more.

Ducati slashes price of Monster for a limited time. Check new price
 There are three power modes - High, Medium and Urban and there are three riding modes - Sport, Race and Wet. They can be controlled via the 4.3-inch color TFT dashboard. The motorcycle comes with full LED lighting, dynamic turn indicators, a USB socket to charge mobile devices, adjustable levers and Ducati Power Launch. The rider can also opt for heated grips and the Ducati Multimedia System. The motorcycle also gets Cornering ABS, Ducati Traction Control and Ducati Wheelie Control.

Pure EV ecoDryft 350 electric commuter motorcycle launched with 171 km range. rivals Hero Splendor
The Pure EV ecoDryft 350 electric motorcycle takes on the 110 cc commuter motorcycles like the Hero Splendor, Honda Shine, Bajaj Platina

Orxa Mantis electric motorcycle launched at Rs 3.60 lakh
The electric two-wheeler space sees yet another addition, this time the Orxa Mantis, an electric motorcycle aimed at luring buyers in the 250cc segment. Priced at Rs 3.60 lakh ex-showroom, the Orxa Mantis is not just another product from a startup taking advantage of the EV space, but, a motorcycle designed and developed over the years by a company with experience in the aerospace department.

e-Sprinto launches Rapo, Roamy electric scooters– prices start at Rs 55k
e-Sprinto has officially launched two new Rapo and Roamy electric scooters. With this launch, e-Sprinto’s product lineup now boasts of six models encompassing a total of 18 variants. Prices of Rapo start at Rs 54,999 while Rapo is priced at Rs 62,999 (both ex-showroom). 

1 mn electric 2-wheelers sales target for FY24 hit by tepid festival sales
Source Credit: Surajeet Das Gupta, Business Standard

New Delhi: Industry projections that registrations of electric two wheelers will reach the one million mark by FY24 are looking unrealistic.

Baaz Bikes raises $8 million in series A led by BIG Capital
 

Auto parts maker and a telecom player forge 5% rise in stocks
The markets had a lackluster day; both the key indices traded in a defined range and ended on a flat note. The markets saw a quiet start. The Nifty opened flat and traded in a defined range in the morning. It also marked the day’s high point. The index drifted gradually lower and slipped into the negative territory. It stayed completely devoid of any directional bias and remained sideways throughout the day. In the end, the Nifty closed with a negligible loss of 37.80 points (-0.19%).

Motherson Group’s acquisition of Yachiyo Industry from Honda Motor could be preponed
Samvardhana Motherson International (SAMIL) has announced that its acquisition of 81 percent stake in Yachiyo 4W (Y4W) business housed under Yachiyo Industry (Yachiyo) from Honda Motor could be completed by Q4 of FY2024 as against Q1 of FY2025.

Tata Tech raises Rs 791 cr from anchor investors
Tata group firm Tata Technologies raised Rs 791 crore from 67 anchor investors on Tuesday, at the higher end of the Rs 475-500 price band. The firm’s IPO opens for subscription on Wednesday, in what will be the first IPO of a Tata Sons entity for almost 20 years after TCS in 2004.

Tata Power activates EV charging stations on Chandigarh-Shimla highway
The strategically positioned EZ Charge stations at Hotel Falcon Crest on Chandigarh-Shimla Highway around Kandaghat and The Oberoi Cecil, Chaura Maidan Road near Shimla, enhance the feasibility of EV travel on the route, the company said.

Drop in oil prices and US treasury yield good news for India but govt, RBI remain alert to inflation: Finmin
The finance ministry on Tuesday said the combination of rapid reversal of rate hike expectations in the US, the slide in the 10-year US treasury yield and the decline in global oil prices is "good news" for India and other emerging markets.

IGL and CONCOR tie up to take Indian trucking into gas age
New Delhi: Indraprastha Gas Ltd could wellbe the one to lead Indian trucking into the gas age, a move that will have positive implications for air quality in the NCR and gradually spread to other cities.

Gujarat CM Bhupendra Patel approves FDODO CNG Scheme
In an important development, Gujarat Chief Minister Bhupendra Patel has approved the Full Dealer Owned Dealer Operated-(FDODO) CNG scheme which will be implemented by Gujarat Gas Limited and Sabarmati Gas Limited.

Russia basks in the oil price comfort zone ahead of OPEC+
As the world's most powerful oil producers ponder further supply cuts, Russia has little incentive for a radical change as its energy revenue is strong, oil prices are higher than its forecasts and its budget deficit is narrowing.

After 18 months of freeze and crude cost drop, are we looking at a petrol & diesel price cut?
 A few months back, India’s petroleum minister Hardeep Singh Puri too indicated that he government may announce a price cut for petrol and diesel shortly. The minister said that he will push for a cut in petrol and diesel prices. With all the above factors at play including the reduction of crude oil prices in the international market, the upcoming election may bring in a price cut for fuels, which would result in a breather for consumers across the country.

Gurugram: Over INR 19 L challans issued for PUC certificate violation in Oct
According to data shared by the police, as many as 194 vehicles were challenged in the previous month. The violators were not able to produce a PUC certificate.

Volkswagen Virtus, Taigun Sound Edition launched
Source Credit: Autocar India

Volkswagen has launched the Virtus and Taigun Sound Edition just a few weeks after launching the Taigun Trail Edition. Prices for the Virtus Sound Edition start at Rs 15.52 lakh and that of the Taigun starts at Rs 16.33 lakh. Both models do not receive any mechanical updates and are focused purely on musical experience, like the Nissan Magnite Geza edition.

Toyota announces third manufacturing plant in India
Source Credit: Autocar India

Toyota has signed a Memorandum of Understanding with the government of Karnataka to set up a third manufacturing plant in India, which would increase its production capacity by 1 lakh units per annum. The upcoming plant will also be situated at Bidadi near Bangalore – near the existing two –and will attract an investment of around Rs 3,300 crores. It will also generate about 2,000 new jobs.

Toyota Innova Hycross waiting period stretches to one year
Source Credit: Autocar India

The Toyota Innova Hycross has been on sale since December 28, 2022, and waiting periods for the MPV are still quite long. Demand continues to be strong for both the Hycross petrol and hybrid variants.

Toyota Innova Crysta waiting period extends to 9 months
Source Credit: Autocar India

The Toyota Innova Crysta, which was reintroduced earlier this year, still commands a waiting period of up to nine months at most locations. Now available as a diesel-manual and in four variants only, the MPV still remains a favourite among private and commercial buyers.

Hyundai Tucson facelift revealed; India bound next year
Source Credit: Autocar India

Shortly after the Tucson facelift was spied undisguised, Hyundai has officially revealed the updated SUV. We can confirm that Hyundai will bring the facelifted model to India next year; the current-gen Tucson launched here in August 2022.

Maruti Suzuki to export EVs from India
Source Credit: Autocar India

Maruti Suzuki is gearing up to introduce its first electric offering, the eVX, in the Indian market sometime next year. The ground-up electric SUV will be built at the carmaker's Gujarat plant, and it will also be exported to several markets.

Citroen C3, C3 Aircross discounts now increased to Rs 1.5 lakh
Source Credit: Autocar India

In what seems like a move to boost sales towards the year end, Citroen India has announced extra benefits on the C3 and C3 Aircross. While we've covered these discounts earlier this month, Citroen has now increased the benefits on the C3 and C3 Aircross by Rs 50,000, and is offering both 5-year extended warranty and fuel for a year as free. However, they have not elaborated on these offers, which are valid only till December 31. The C5 Aircross SUV continues to get benefits worth Rs 2 lakh, with offers on the SUV valid till November 30.

Hyundai Samarth initiative announced for people with disabilities
Source Credit: Autocar India

Hyundai India has rolled out “Samarth – Progress for Humanity”, an inclusive mobility initiative specially designed for people with disabilities in India. The brand has also partnered with two organisations, Samarthanam Trust for the Disabled and GoSports Foundation.

US transport chief aims to ensure Cruise, other self-driving vehicles safe
U.S. Transportation Secretary Pete Buttigieg said on Monday the federal government will do everything it can using existing regulatory powers to ensure that General Motors robotaxi unit Cruise and other autonomous vehicles are deployed safely.

GM owned Cruise's wrong turn could slow robotaxi push
U.S. robotaxi operators could face increased regulatory scrutiny after an accident involving Cruise, the self-driving cab business of General Motors, forced the company to pause service.

UAW clinches record Detroit deals, turns to organizing Tesla, foreign automakers
The United Auto Workers (UAW) said Monday that 64% of workers at the Detroit Three automakers voted to ratify new record contracts after a six-week targeted strike, as the union turns its attention to organizing foreign-owned and Tesla auto plants.

Bugatti Chiron Pur Sport Grand Prix Edition unveiled. Check out what's special
The hypercar pays tribute to the marque’s historic motorsport greatness. The exterior is finished in a ‘Blanc’ mono-white colour scheme with ‘Grand Prix Red’ for the fading ‘EB’ logo pattern on the fenders and the start number ‘32’ on the side. This is inspired by Louis Chiron’s 1931 win at the French Grand Prix in a Type 51 which carried the number ‘32’. There is also exposed carbon fibre everywhere.

Stellantis and CATL Sign MoU for LFP battery supply in Europe, plan JV
Stellantis N.V. and CATL have signed a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ electric vehicle production in Europe.

GM’s Self-Driving Car Unit Skids Off Course
Shortly after midnight on Aug. 24, a driverless shuttle operated by General Motors’ Cruise stopped in the middle of a street in downtown Austin, Texas. Then it veered off the road, jumped the curb and hit the side of a building, according to video footage and police reports.

Nissan Motor hiking wages at US auto plants after UAW deal
Nissan Motor will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit Three automakers, a company spokesperson said on Monday.

China's Nio, Changan Auto to jointly develop battery-swapping EVs
Nio said on Tuesday it would partner with Changan Automobile to develop battery-swapping electric vehicles, in an attempt by the loss-making Chinese EV maker to ease costs.

New tech for the farms: TAFE unveils Electric tractor, showcases H2ICE Concept
New Delhi: Tractors and Farm Equipment Limited (TAFE), to expand its presence in the European market, unveiled its electric tractor and displayed a concept Hydrogen tractor at Agritechnica 2023 in Hanover, Germany.

BMW Group and UNICEF join to educate children and youth globally
New Delhi: On World Children’s Day, Monday Nov 20, the BMW Group and UNICEF are announcing their long-term partnership under the slogan “BRIDGE. Educating young people for tomorrow, today.”

Hyundai to launch new in-car streaming feature in Kona Electric with Amazon Music
New Delhi: In a move set to enhance the driving experience, Hyundai Motor is launching in-car music streaming, an innovative feature that will let customers stream their favourite tunes directly in their cars, starting from the upcoming all-new Kona Electric.

EU October car sales up 14.6%, EV sales jump more than 36%
New car sales in the European Union rose 14.6% in October, boosted in part by a big jump in sales of fully electric cars, while hybrid electric vehicles accounted for nearly three of every 10 vehicles sold in the economic bloc.

Mercedes-Benz Mobility introduces fully digital contract signing for leasing
Mercedes-Benz Mobility is driving the digitalization of its leasing and financing business globally. It is already possible to apply for contracts online in many markets. Since November, private customers in Germany have been able to handle every step of the leasing process online and conclude a legally binding leasing contract completely digitally via the national subsidiary. The selection of the financing option and the conclusion of the leasing contract are an integral part of the Mercedes-Benz online purchasing process.

Indonesia's American EV dreams shunted into the slow lane: Andy Home
Indonesian President Joko Widodo has made no secret of his ambition to leverage the country's vast nickel resources to become an Asian hub for manufacturing electric vehicles (EV).

Tesla launched its own car insurance. These drivers say it's a lemon.
In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla itself, finding the initial $93 monthly premium “really reasonable.”

GM Cruise cofounder, senior exec Dan Kan quits day after CEO exit
General Motors' Cruise co-founder and chief product officer Daniel Kan has resigned, the company told Reuters on Monday, a day after Cruise CEO Kyle Vogt quit.

GM will not advertise in Super Bowl, first time since 2019
General Motors said on Monday it will not advertise in the 2024 Super Bowl, the first time since 2019 it will sit out the heavily watched NFL championship game as it cuts marketing costs as part of a broad strategy to reduce fixed expenses.

‘The Originals Renault store’ increases sales by over 300% in 3 years
A fast-growing business line: Open to everybody – collectors, connoisseurs, compulsive buyers or just casual browsers – “the originals Renault store” includes a range of options to help visitors find their favourite products.

ZF presented innovative technology portfolio in Shanghai to Chinese auto OEMs
“The future of mobility is rapidly changing towards electrically powered, automated and software-defined vehicles,” said Stephan von Schuckmann, member of the ZF Board of Management. “In China, the largest and most dynamic automotive market in the world, we will continue to invest and grow together with our Chinese customers in China and worldwide - at ‘China speed’. We therefore see significant potential to increase our market share in China and the Chinese market's current share of our global sales, which currently stands at a good 17%.”