Tag: commercial vehicles
-
Jim Farley says Ford will cease competing in over-served markets
The times of Ford being all issues to all persons are over, Farley stated on the firm’s capital markets day occasion Monday. The corporate, he stated, has been “caught in a field,” with skinny revenue margins, weak development and low inventory valuation. Ford, Farley stated, will emphasize software program and providers in addition to iconic…
-
Porsche, VW Industrial Autos companion with Mobileye on automated driving software program
Main auto producers Porsche and Volkswagen has partnered with expertise supplier Mobileye to convey automated driving software program on their industrial vehciles. In response to a Reuters report, the duo will incorporate automated help and navigation capabilities from Mobileye’s so-called “SuperVision” expertise platform in future fashions. The settlement is the expertise supplier’s second massive signing…
-
In charts | Auto gross sales have a sluggish begin to 2023-24
Auto gross sales had a sluggish begin within the first month of the fiscal 12 months 2023-24, registering a 4% decline in April from a 12 months in the past, confirmed the most recent knowledge launched by the Federation of Vehicle Sellers’ Associations (FADA). The 2-wheeler and passenger automobile segments had been the toughest hit,…
-
SUVs prime attract PVs as auto gross sales climb in FY23
New Delhi: Vehicle gross sales throughout segments in FY23 grew from the yr earlier, information launched by the Society of Indian Vehicle Producers (SIAM) on Thursday confirmed. Nevertheless, the passenger autos section, pushed by sport utility autos (SUVs), noticed gross sales above pre-pandemic ranges. Nevertheless, SIAM expects non-passenger automobile class to do much better in…