Automobile – SOC USA http://www.soc-usa.org/ Fri, 08 Oct 2021 12:17:44 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.soc-usa.org/wp-content/uploads/2021/08/icon-26-150x150.png Automobile – SOC USA http://www.soc-usa.org/ 32 32 Gang of three auto thieves detained in Hyderabad https://www.soc-usa.org/gang-of-three-auto-thieves-detained-in-hyderabad/ https://www.soc-usa.org/gang-of-three-auto-thieves-detained-in-hyderabad/#respond Fri, 08 Oct 2021 09:30:00 +0000 https://www.soc-usa.org/gang-of-three-auto-thieves-detained-in-hyderabad/ Hyderabad: On Friday, a gang of three auto thieves were arrested by Madhapur police. Police recovered 19 bicycles worth Rs.28 lakh from them. Those arrested have been identified as Chavan Kamlesh (20), Kothakonda Vikas Kumar (20) and J Sreekanth (20). Police said the suspects were involved in 19 reported cases within the boundaries of Raidurgam, […]]]>

Hyderabad: On Friday, a gang of three auto thieves were arrested by Madhapur police. Police recovered 19 bicycles worth Rs.28 lakh from them.

Those arrested have been identified as Chavan Kamlesh (20), Kothakonda Vikas Kumar (20) and J Sreekanth (20).

Police said the suspects were involved in 19 reported cases within the boundaries of Raidurgam, Madhapur, Kushaiguda, LB Nagar, KPHB, Banjara Hills, Jubilee Hills, SR Nagar and Gopalapuram police stations.

Hyderabad News

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Explaining the modus operandi, DCP (Madhapur) M Venkateshwarlu said Kamlesh and Vikas would travel by motorbike and identify bicycles and scooters kept in isolated places in the settlements. “Kamlesh was going to open the lock on the handle with a duplicate key or break the lock on the handle.” He would push the vehicle a distance and later Vikas would start the vehicle by joining two wires before rushing away on the stolen bicycle, ”he said.

The vehicles were then sold to Sreekanth, who was also involved in some of the offenses, police added.

Police caught the three people during a vehicle check at Ayyappa Company in Madhapur as they were riding a bicycle that did not have a proper license plate. When questioned, they admitted having stolen vehicles in the city.


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Electric scooters set to redefine India’s automotive stratosphere https://www.soc-usa.org/electric-scooters-set-to-redefine-indias-automotive-stratosphere/ https://www.soc-usa.org/electric-scooters-set-to-redefine-indias-automotive-stratosphere/#respond Thu, 07 Oct 2021 07:05:47 +0000 https://www.soc-usa.org/electric-scooters-set-to-redefine-indias-automotive-stratosphere/ In recent years, anticipation of a thriving electric vehicle ecosystem in India has been off the charts. In fact, India has powerfully manifested the desire to become an electric vehicle hub. The “Make in India” point of view has broadened the platforms, and new players are emerging with promising prospects, particularly in the field of […]]]>

In recent years, anticipation of a thriving electric vehicle ecosystem in India has been off the charts. In fact, India has powerfully manifested the desire to become an electric vehicle hub. The “Make in India” point of view has broadened the platforms, and new players are emerging with promising prospects, particularly in the field of EVs.

Mayank Vashisht, Associate Editor and Technology Correspondent of ELE Times, had the opportunity to have an in-depth conversation with one of these emerging players on the Indian EV spectrum, Anmol Bhore, MD and co-founder, Enigma Automobiles Private Limited. Anmol reflects on the market penetration of electric scooters and e-bikes in India and the obstacles this vertical faces, and how much government support actually supports emerging players like Enigma.

Extracts:

Anmol Bhore, Managing Director and Co-Founder, Enigma Automobiles Private Limited.

ELE Times: The national government has launched strict policies to reduce vehicle emissions. In particular, the change from Bharat Stage V (BSV) emission standards to BS-VI emission standards. Has this policy, among others, helped to stimulate the growth of the Indian market for electric scooters and motorcycles?

Bharath’s Stage VI standards are two steps ahead of current emission regulation standards. The Bharat Stadium is a standard instituted by the government to control the emissions of air pollutants from motor vehicles rather than a promotional segment. Compliance with BSVI standards will require greater investment in technology to upgrade vehicles in stock and manufacture new vehicles. It also means fewer launches until the deadline. In particular, the jump in emission standards is expected to benefit the Indian market for electric scooters and motorcycles by increasing the prices of gasoline two-wheelers by 7-15%. Automakers are only allowed to sell BSVI-compliant vehicles in the country, prompting the push towards electric variants.

ELE Times: Despite the multiple benefits of electric scooters and bicycles, why are these nature-friendly vehicles not included in the Indian Consumer Preference Index over combustion engine vehicles?

Electric bikes are still behind the scenes in India, which is not the case in other countries. However, with pollution at its peak, the effects of global warming and the pandemic pressing the need for greener countries, people realized that there was no alternative to electric vehicles – the future is green! Previous constraints were technology and performance; people are used to gasoline engines because they are more powerful. Also, if you are using an electric machine and run out of battery, it will take hours to recharge it but only a few minutes or seconds to refuel your diesel or gasoline engine. The charging infrastructure in India is also in its development phase. Apart from that, affordability was also a very important factor.

The Indian scenario of electric vehicles with the attention of government and investors has charged. The technology is now being made affordable and with a large number of new start-ups entering the industry, earlier issues such as the availability of spare parts and the service center are being resolved. People tend to trust what they see, and it will take at least 5 years for electricity to reach ICE penetration.

ELE Times: What obstacles is the Indian electric scooter and motorcycle industry facing due to the unprecedented COVID outbreak?

The pandemic catalyzed India’s long-awaited electric vehicle boom. Previously, many consumers expressed widespread concerns about sustainability, but those concerns did not translate into action when purchasing their electric bikes / cars. Changing modes of mobility and growing environmental awareness have boosted sales by electric vehicle manufacturers in India.

As demand has driven the electric vehicle industry, the sector faces several manufacturing challenges. The electric vehicle industry, which depends on China to import cells, batteries and other electronic components and sensors, faces a prolonged slowdown. The disruption of the supply chain has disrupted the entire ecosystem. With the containment and the migrant labor scenario, the availability of blue collar workers had also become / is becoming a challenge. Another obstacle is the rise in prices linked to inflation without any added value to the products. This discourages the buying behavior of consumers. With the ecosystem disrupted, the industry as a whole faces several operational challenges to maintain it even now.

ELE Times: Do you think electric scooters can achieve high market penetration in India compared to combustion engine scooters in the coming year? How would you support your answer?

There are more and more government policies supporting battery-powered vehicles, growing environmental awareness, and on top of this is the rise in gasoline prices, which has boosted the electric scooter industry into India. Future growth is strongly linked to collaboration between government and industry, increased affordability for manufacturers and consumers, and change in environmental awareness. Electric scooters, with their low operating costs, negligible maintenance costs, and next-generation subscription models, will be a game-changer for the electric vehicle industry.

ELE Times: How do you see the market for electric scooters and motorcycles in India?

The electric vehicle industry is growing and has a very bright future. Enigma Automobiles sold their cumulative sales of the past four months in August alone, and we’ll keep repeating the same. We are already in talks with an Australian company for new graphene batteries for the Indian markets. With the advent of affordable technology, growing infrastructure and government sponsored programs, companies like us are determined to break stereotypes and bring about change that will redefine the stratosphere of the Indian automotive segment.

ELE Times: Do you think the support provided by the Indian government under the “Make India” initiative for businesses like yours is up to the task? What do you think the government side can do to secure the future of India’s electric scooter / bicycle market?

With the Make in India position, we are witnessing the emergence of VE market players. However, it will take several years for brands to locate everything in India. This is where industry and government must work together to make India a reality. On the commercial side, for the moment, the advantages only apply to the players with the richest pockets. Things move very slowly; for example, the amount sanctioned under the CGT PME regime for small businesses is accompanied by a tedious procedure which makes it a protracted process. But yes, things are changing and we look forward to various programs like the recently announced PLI program to benefit aggressive companies like us.

ELE Times: What new technologies is your company integrating into your electric vehicles compared to your contemporaries?

Enigma Automobiles has made its mark in the industry in a very short period of time, with technologically enhanced, feature-rich and affordable electric scooters. We were the first to introduce reverse gears, cruise control knobs and better suspension on our bikes. We also offered hill assist about two years ago, which brands are focusing on now. Our vehicles are now equipped with automatic cruise control; turn the throttle and hold it in the same position for two seconds, and the vehicle will enter auto cruise mode. We are striving to provide better technology and best service to our customers.

Mayank Vashisht | Sub-editor | ELE timetables


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The automobile has a long history in Santa Maria | Shirley Contreras | Local News https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news-2/ https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news-2/#respond Sun, 03 Oct 2021 18:00:00 +0000 https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news-2/ Henry Ford, who opened the first auto assembly line in 1913, was all the rage in the industry when he started paying his employees $ 5 a day. Ten years later, the automobile was on the way from being a rich man’s toy to being a national necessity. Back then, however, only the very wealthy […]]]>

Henry Ford, who opened the first auto assembly line in 1913, was all the rage in the industry when he started paying his employees $ 5 a day.

Ten years later, the automobile was on the way from being a rich man’s toy to being a national necessity.

Back then, however, only the very wealthy could afford to own a car, unlike today, where there can be as many cars in a household as there are people living in them.

It didn’t take long for Santa Maria to host an annual street race, attracting big names in local motor racing like Huyck, Omer and, of course, Deane Laughlin, who brought the first automobile to the valley in June 1903.

As racing drivers raced down the haystack lined streets of Broadway, Stowell, Nance (now Bradley) and Main Street, Winston Wickenden, who watched the race from the front porch of his parents’ house across from the high school, a Me said, he thought it was interesting that none of the stripped-down speed cars (which the drivers themselves had built) had windshields.

Most residents of Santa Maria viewed the loud and offensive smoke-filled race unsightly and disliked that their main streets were linked to this dangerous sight. However, as this brought many tourists to the city, they mostly suffered in silence.

Since the laws on books in one city weren’t necessarily the same as in neighboring cities, the enforcement of all laws, at all, was mostly a fluke.

The time has come, however, for the state to eliminate the mishmash of conflicting laws, have uniform registration fees and, in order to preserve existing roads, create truck weight limits.

Owning a car brought a feeling of freedom, of being able to go wherever you wanted, on roads that were improving little by little, year after year. As drivers learned about their “new toy” responsibilities, the state became interested in road construction and maintenance.

Since California’s first paved road, built in 1912, began to collapse long before obligations were paid off, the standards that contractors had to meet were a necessity, as were the widths of regulated roads. One of the advantages of regulated road widths was that two cars could pass each other.

Meanwhile, the local Motorcycle Police team, a precursor to today’s California Highway Patrol, took responsibility for upholding the laws as they existed at the time. These early vigilantes on wheels hid behind billboards and watched cars equipped with this new invention, the rear-view mirror, believing that the drivers of any car equipped with such a device surely had to accelerate.

The Vehicle Act of 1912 created speeds so low that drivers were known to complain that they could have reached their destination faster by walking.

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The law required that motorists, past and present, must travel at speeds safe for the conditions so as not to endanger the life, physical integrity or property of anyone. However, at no time did the speed exceed 35 mph.

The first gasoline tax of 2 cents a gallon was set, with one cent going to counties and one cent going to the state for road and highway maintenance.

G. Allan Hancock, who was president of the Auto Club in 1908 and 1909, began a road sign campaign. In 1915, 7,000 miles of roads in Southern California carried the club warning signs – “Slow – Pedestrian Crossing”, “Bumps in the Road”, “Attention – Depression” and “Avis – This is not. a crossing street “.

The familiar bronze “Good Road” signs were posted on the roads from San Diego to Porterville.

Originally called a “horse-less car, the automobile presented many challenges for the state, and the first 50 years of auto legislation focused on creating laws, rules and guidelines to ensure that All California laws allow all cities and counties to issue licenses. for bicycles, tricycles, automobiles, carriages and similar wheeled vehicles.

In 1905, it became clear that California should issue a statewide vehicle registration system. an official DMV.

By that year, vehicle registrations had climbed to 191,000 in the state of California.

The California Vehicle Act of 1914 created laws governing everything to do with driving and vehicles. Year after year, new laws have been enacted and existing laws have been amended to deal with the increasing number of vehicles traveling on California roads each year.

The California Vehicle Code still sets the rules of the road and sets out the penalties for disobeying those laws.

In 1931, the powers and functions of the DMV were transferred to the Motor Vehicle Division, which was actually part of the Department of Finance. It was then that the government realized that the DMV could produce a decent income.

The first number plates, in porcelain and red brick painted with white letters, were issued in 1914. Over the years, the plates have changed color and style. Many were on display in Mussell Fort, the small western town on Tepusquet Canyon Road and built by Elwin Mussell in 1952. Mussell was mayor of Santa Maria from 1974 to 1980.

Long before passing from the status of a national toy to that of national necessity, the automobile, with enough power to frighten a horse, was often described by the general public as a “hellish nuisance”.

Shirley Contreras lives in Orcutt and writes for the Santa Maria Valley Historical Society. She can be contacted at 623-8193 or shirleycontreras2@yahoo.com. Her book, “The Good Years,” a selection of stories she has written for the Santa Maria Times since 1991, is on sale at the Santa Maria Valley Historical Society, 616 S. Broadway.


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The automobile has a long history in Santa Maria | Shirley Contreras | Local News https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news/ https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news/#respond Sun, 03 Oct 2021 18:00:00 +0000 https://www.soc-usa.org/the-automobile-has-a-long-history-in-santa-maria-shirley-contreras-local-news/ Henry Ford, who opened the first auto assembly line in 1913, was all the rage in the industry when he started paying his employees $ 5 a day. Ten years later, the automobile was on the way from being a rich man’s toy to being a national necessity. Back then, however, only the very wealthy […]]]>

Henry Ford, who opened the first auto assembly line in 1913, was all the rage in the industry when he started paying his employees $ 5 a day.

Ten years later, the automobile was on the way from being a rich man’s toy to being a national necessity.

Back then, however, only the very wealthy could afford to own a car, unlike today, where there can be as many cars in a household as there are people living in them.

It didn’t take long for Santa Maria to host an annual street race, attracting big names in local motor racing like Huyck, Omer and, of course, Deane Laughlin, who brought the first automobile to the valley in June 1903.

As racing drivers raced down the haystack lined streets of Broadway, Stowell, Nance (now Bradley) and Main Street, Winston Wickenden, who watched the race from the front porch of his parents’ house across from the high school, a Me said, he thought it was interesting that none of the stripped-down speed cars (which the drivers themselves had built) had windshields.

Most residents of Santa Maria viewed the loud and offensive smoke-filled race unsightly and disliked that their main streets were linked to this dangerous sight. However, as this brought many tourists to the city, they mostly suffered in silence.

Since the laws on books in one city weren’t necessarily the same as in neighboring cities, the enforcement of all laws, at all, was mostly a fluke.

The time has come, however, for the state to eliminate the mishmash of conflicting laws, have uniform registration fees, and, in order to preserve existing roads, create truck weight limits.

Owning a car brought a feeling of freedom, of being able to go wherever you wanted, on roads that were improving little by little, year after year. As drivers learned about their “new toy” responsibilities, the state became interested in road construction and maintenance.

Since California’s first paved road, built in 1912, began to collapse long before obligations were paid off, the standards contractors had to meet were a necessity, as were the widths of regulated roads. One of the advantages of regulated road widths was that two cars could pass each other.

Meanwhile, the local motorcycle police team, a precursor to today’s California Highway Patrol, took responsibility for enforcing the laws as they existed at the time. These early vigilantes on wheels hid behind billboards and watched cars equipped with this new invention, the rear-view mirror, believing that the drivers of any car equipped with such a device surely had to accelerate.

The Vehicle Act of 1912 created speeds so low that drivers were known to complain that they could have reached their destination faster by walking.

The law required that motorists, past and present, must travel at speeds safe for the conditions so as not to endanger the life, physical integrity or property of anyone. However, at no time did the speed exceed 35 mph.

The first gasoline tax of 2 cents a gallon was set, with one cent going to counties and one cent going to the state for road and highway maintenance.

G. Allan Hancock, who was president of the Auto Club in 1908 and 1909, began a road sign campaign. In 1915, 7,000 miles of roads in Southern California carried the club warning signs – “Slow – Pedestrian Crossing”, “Bumps in the Road”, “Attention – Depression” and “Avis – This is not. a crossing street “.

The familiar bronze “Good Road” signs were posted on the roads from San Diego to Porterville.

Originally called a “horse-less car, the automobile presented many challenges to the state, and the first 50 years of auto legislation focused on creating laws, rules and guidelines to ensure that All California laws allow all cities and counties to issue licenses. for bicycles, tricycles, automobiles, carriages and similar wheeled vehicles.

In 1905, it became clear that California should issue a statewide vehicle registration system. an official DMV.

By that year, vehicle registrations had climbed to 191,000 in the state of California.

The California Vehicle Act of 1914 created laws governing everything to do with driving and vehicles. Year after year, new laws have been enacted and existing laws have been amended to deal with the increasing number of vehicles traveling on California roads each year.

The California Vehicle Code still sets the rules of the road and sets out the penalties for disobeying those laws.

In 1931, the powers and functions of the DMV were transferred to the Motor Vehicle Division, which was actually part of the Department of Finance. It was then that the government realized that the DMV could produce a decent income.

The first number plates, in porcelain and red brick painted with white letters, were issued in 1914. Over the years, the plates have changed color and style. Many were on display in Mussell Fort, the small western town on Tepusquet Canyon Road and built by Elwin Mussell in 1952. Mussell was mayor of Santa Maria from 1974 to 1980.

Long before passing from the status of a national toy to that of national necessity, the automobile, with enough power to frighten a horse, was often described by the general public as a “hellish nuisance”.


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Automotive Carburetor Market Size, Growth and Key Players – Keihin Group, Huayang Industrial, Walbro, Zama, Ruixing, Mikuni, Zhanjiang Deni, Holley, Fuding Youli, Fuding Huayi https://www.soc-usa.org/automotive-carburetor-market-size-growth-and-key-players-keihin-group-huayang-industrial-walbro-zama-ruixing-mikuni-zhanjiang-deni-holley-fuding-youli-fuding-huayi/ https://www.soc-usa.org/automotive-carburetor-market-size-growth-and-key-players-keihin-group-huayang-industrial-walbro-zama-ruixing-mikuni-zhanjiang-deni-holley-fuding-youli-fuding-huayi/#respond Mon, 27 Sep 2021 05:39:57 +0000 https://www.soc-usa.org/automotive-carburetor-market-size-growth-and-key-players-keihin-group-huayang-industrial-walbro-zama-ruixing-mikuni-zhanjiang-deni-holley-fuding-youli-fuding-huayi/ The Automotive Carburetor Market The report offers high-quality information on key market trends, product types and their scope, competitive landscape and impact of the COVID-19 outbreak. The Automotive Carburetor market study provides detailed market development prospects, market size and value overview, and popular business trends. This research examined several elements of automotive carburetor demand. This […]]]>

The Automotive Carburetor Market The report offers high-quality information on key market trends, product types and their scope, competitive landscape and impact of the COVID-19 outbreak.

The Automotive Carburetor market study provides detailed market development prospects, market size and value overview, and popular business trends. This research examined several elements of automotive carburetor demand. This study report details the many factors which have contributed to the growth of the Automotive Carburetor market. A detailed analysis of international breakthroughs and technological developments is also included in the Automotive Carburetor market research. On the basis of volume, performance, and valuation, Automotive Carburetor industry analysis predicts the exact market share. In order to forecast and determine the size of the global market, bottom-up and top-down techniques are used.

Get | Download a sample copy with table of contents, graphics and list of figures @ https://www.verifiedmarketreports.com/download-sample/?rid=40560

The report covers the following key players in the Automotive Carburetor Market:

• Keihin Group
• Huayang Industrial
• Walbro
• Zama
• Ruixage
• Mikuni
• Zhanjiang Deni
• Holley
• Fuding Youli
• Fuding Huayi
• Bing Power
• Wenzhou Zhongcheng
• Kinzo
• Zhejiang Ruili
• DELL’ORTO
• Kunfu Group
• Keruidi
• the sun of Ruian
• traditional knowledge
• Fujian FuDing JingKe

Automotive Carburetor Market Segmentation:

Primary and secondary approaches were used to study and assess total market income and its distribution. Automobile Carburetor Research also provides an in-depth qualitative and quantitative assessment of the industry’s supply chain through analysis of data from a wide variety of market experts and global business leaders. Forecasts, industry trends, growth patterns, risks, and other possibilities are covered in this study, along with an in-depth look at the fundamental dynamics of the economy. Profitability index, primary market share breakdown, SWOT analysis and geographic existence of Automotive Carburetor market are also covered by Automotive Carburetor research.

By Product Type, the market is primarily split into:

• Diaphragm carburettor
• Float carburettor
• Others

By application, this report covers the following segments:

• Motorcycles and motorsports
• Universal gasoline engines
• Automobile industry
• Other applications

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Scope of Automotive Carburetor Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2020
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2028
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of the report (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
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Automotive Carburetor Geographic Market Analysis:

This research study draws on multiple layers of data, including business analysis (industry trends), high-level market share analysis, supply chain analysis, and brief company profiles that, together, provide and analyze fundamental perspectives on the competitive landscape. Growth trends and segments of high growth companies, high growth countries, market forces, controls, market drivers, restrictions and market drivers, and constraints. It is the most recent study that includes a strategic assessment as well as an in-depth examination of the market plans, approaches, brands and manufacturing capabilities of the world’s leading industry leaders.

– North America (United States, Canada, Mexico)
– Europe (Great Britain, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
– Asia Pacific (China, Japan, South Korea, ASEAN, India, rest of Asia-Pacific)
– Latin America (Brazil, rest of LA)
– Middle East and Africa (Turkey, CCG, rest of Middle East)

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Automotive sector: Emergency exit – UP Front News https://www.soc-usa.org/automotive-sector-emergency-exit-up-front-news/ https://www.soc-usa.org/automotive-sector-emergency-exit-up-front-news/#respond Fri, 17 Sep 2021 15:00:23 +0000 https://www.soc-usa.org/automotive-sector-emergency-exit-up-front-news/ In just 25 years of activity – not too long for an automaker – the Ford Motor Company of the United States has decided to leave India. Not that those years have been a smooth ride for the iconic maker of cars like the Model T, Thunderbird and Mustang. While Ford has had great success […]]]>

In just 25 years of activity – not too long for an automaker – the Ford Motor Company of the United States has decided to leave India. Not that those years have been a smooth ride for the iconic maker of cars like the Model T, Thunderbird and Mustang. While Ford has had great success in India in models like the Ikon, Endeavor and EcoSport, others like the Mondeo and Fusion have not done well. The company had recorded cumulative operating losses of over $ 2 billion (around Rs 14,700 crore) and demand for its vehicles was low. According to Ford India President and CEO Anurag Mehrotra, the company has not been able to find a sustainable path to long-term profitability.

The scrapping in January of the joint venture with Mahindra & Mahindra, inked in 2019, made matters worse for Ford. The purpose of the joint venture was to develop, market and distribute Ford vehicles in India as well as certain Ford and Mahindra products in high growth international markets. After the joint venture was canceled, Ford’s chances of survival in the Indian market were reduced.

Ford has announced that it will close its Sanand, Gujarat plant by the fourth quarter of 2021 and end vehicle manufacturing and engineering at its Chennai plant by 2022. Ford India has around 4,000 employees. The Sanand plant can produce 240,000 vehicles per year and the Chennai plant up to 200,000 vehicles. Ford will continue to sell cars in India through imports. The media suggest high-end models like the Mustang Mach-E, Mustang and Ranger. It will also continue to provide support service to existing customers, the company maintains.

The exit of three large multinational auto companies in recent years does not bode well for India. General Motors left the country in 2017 following a decision to withdraw from unprofitable operations in a few regions, including India, Russia and Western Europe. Premium motorcycle maker Harley Davidson left India in 2020 as part of its ‘Rewire’ strategy to focus on select markets, such as North America, Europe and parts of it. Asia. Harley had suffered losses of $ 96 million (around Rs 710 crore) in April-June 2020. That may not be a big loss in and of itself, but it’s clear the company wasn’t expecting a loss. good request in the near future. The pandemic has only increased the challenges for automakers as they were forced to keep their outlets closed during the lockdown.

The Indian market had been particularly difficult for these multinationals due to the dominance of Japanese and Korean automakers. Maruti Suzuki holds around 48% of the market share and Hyundai India around 17%. Several multinational automotive companies have entered India in the post-liberalization period, driven by the business potential of a growing middle class and low household penetration of the automotive industry. The success of Maruti Suzuki (previously Maruti Udyog) was proof of this: the company, when it started, had an 80% market share!

Companies such as GM, Ford and Toyota have built up large capacities in India in view of future demand. However, the market did not grow as expected, especially for larger cars. “In a high-investment industry like the automotive industry, and a country like India where capital is expensive, capacity can be an albatross around its neck,” says Ravi Bhatia, president and director of JATO Dynamics India, a company automotive intelligence. For example, the prices set by Maruti in the 1980s – Rs 47,000 for non-AC models and Rs 70,000 for ACs – were hard to beat. Maruti focused on offering a cheaper car of reasonable quality with a good distribution and service network. Reductions in excise duties on cars under four meters further helped Japanese and Korean players. Bhatia adds that American and European companies have found it more difficult to make cars shorter than four meters because their expertise was in larger vehicles.

At the same time, demand has declined. Auto sales have seen a combined annual growth rate of just 1.5% in India over the past five years, upsetting the plans of multinationals that have invested heavily in the Indian market. The government announced a scrapping policy requiring mandatory inspections when car registrations expire. But it’s not clear if this will have a significant impact on vehicle sales.

In August, the auto wholesale sales figures fell 12 percent year-on-year. Industry attributed this to the semiconductor shortage, which impacted production, and high commodity prices, which increased vehicle costs. Add to that the rising cost of fuel, and demand for vehicles is expected to remain under pressure, forcing companies to rethink their strategy in a “cost conscious” market like India.

Across the world, automakers are engaged in major overhaul exercises as the pandemic weighs on their revenues. In addition, there is a noticeable shift in overall preferences towards “ACES” vehicles (autonomous, connected, electric and shared). Companies must invest heavily in this area. According to the Paris-based International Energy Agency, the number of electric cars in the world reached the 10 million mark in 2020, an increase of 43% from 2019. Battery electric vehicles represented both third of new electric car registrations in 2020. China, with 4.5 million electric cars, leads as Europe saw the largest annual increase in 2020 to reach 3.2 million vehicles.

While some automotive majors have left India, a few others have entered. MG Motor India, a subsidiary of Chinese automaker SAIC Motor, started operations in the country in 2019. Earlier this year, US electric car maker Tesla registered its Indian branch and is expected to set up a manufacturing unit there. he foresees sufficient demand.

Goodbye, India

Ford Motor Co. | Released: 2021 | Employees: 4,000

Capacity: 240,000 units per year at the Sanand plant (Gujarat); up to 200,000 in Chennai

Why: Cumulative operating losses posted of over Rs 14,700 crore; low demand for products; JV with Mahindra did not take off

Harley davidson | Released: 2020 | Employees: 70

Capacity: 12,000 bikes per year at the Bawal plant (Haryana)

Why: Focus, as part of its “Rewire” strategy, on selected markets, such as North America, Europe and parts of Asia

General Motors | Released: 2017 | Employees: 5,000

Capacity: A total of 225,000 vehicles in the Halol (Gujarat) and Talegaon Dabhade (Maharashtra) factories

Why: Decision not to invest in unprofitable operations in a few regions, including India, Russia and Western Europe


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Official site of the 24 Heures Motos | April 16-17, 2022 | CO https://www.soc-usa.org/official-site-of-the-24-heures-motos-april-16-17-2022-co/ https://www.soc-usa.org/official-site-of-the-24-heures-motos-april-16-17-2022-co/#respond Fri, 17 Sep 2021 07:00:00 +0000 https://www.soc-usa.org/official-site-of-the-24-heures-motos-april-16-17-2022-co/ Sad news in the 24 Heures Motos family 😢 To his family and loved ones, the Automobile Club de l’Ouest offers its most sincere condolences. Motorcycle space team # 24hMotos In the history of the 24 Heures Motos, two editions were contested on April 16 and 17. A look back at the 1994 and 2005 […]]]>


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Automotive Sector – Monthly Quick View – August 21 – Mixed performance by segment – Reliance Securities https://www.soc-usa.org/automotive-sector-monthly-quick-view-august-21-mixed-performance-by-segment-reliance-securities/ https://www.soc-usa.org/automotive-sector-monthly-quick-view-august-21-mixed-performance-by-segment-reliance-securities/#respond Wed, 15 Sep 2021 12:50:09 +0000 https://www.soc-usa.org/automotive-sector-monthly-quick-view-august-21-mixed-performance-by-segment-reliance-securities/ According to the Society of Indian Automobile Manufacturers (SIAM), the domestic auto sales volume (excluding CV) declined 11% year-on-year (up 3% MoM) to reach 15,863,873 units in August 21. Notably, various Automotive segments experienced mixed year-on-year and month-on-month performance. Few segments recorded growth on a lower basis. While few markets seemed to perform poorly, especially […]]]>

According to the Society of Indian Automobile Manufacturers (SIAM), the domestic auto sales volume (excluding CV) declined 11% year-on-year (up 3% MoM) to reach 15,863,873 units in August 21. Notably, various Automotive segments experienced mixed year-on-year and month-on-month performance. Few segments recorded growth on a lower basis. While few markets seemed to perform poorly, especially rural markets due to the monsoon deficit. The calibrated opening in most areas, including villages, has resulted in improved retail volume and wholesale shipments. The overall retail sales volume would have been slightly better this time due to a gradual recovery in demand and better consumer sentiment, while the wholesale volume was lower due to production constraints for a few segments. The overall level of inventories of most segments remained more or less stable or slightly lower. Additionally, PV production was affected by the limited availability of semiconductors as of August 21.

PV Segment: Global PV volume increased 8% yoy (down 12% yoy) due to 38% yoy (down 9% yoy) growth in sales UV, driven by increased production of new models by major OEMs. While MPV volume grew 16% year-on-year and 5% year-on-year, PC sales declined 13% year-on-year and 17% year-on-year in August 21. Lower base supported year-on-year growth, while the semiconductor problem has impacted the production of MoM.

Scooter and motorcycle segment: Scooter sales fell 1% year-on-year (up 23% year-on-year), while motorcycle sales fell 20% year-on-year and 1% year-on-year. Global domestic 2W volume decreased 15% year-on-year (up 6% month-on-month). Moped sales were down 25% year-on-year (up 7% month-on-month). In addition, 2W output was 3% lower than August 21 sales. Overall, sales of two-wheelers were affected due to weaker rural demand in an unfavorable monsoon environment.

3W Segment: Domestic 3W sales increased 60% year-on-year (up 30% month-on-month) to 23,210 units. 3W passenger carrier sales volume grew 98% year-on-year (up 41% year-on-year), while 3W freight carrier sales volume grew 14% year-on-year (up 12% year-on-year) on August 21.

CV Segment: SIAM has stopped reporting monthly CV volume performance since the start of FY21 due to the unavailability of monthly CV volume data from some OEMs and instead reports volume performance quarterly. Therefore, we analyze this data on a quarterly basis only.

Exports: Overall exports increased 38% year-on-year (down 3% month-on-month) to 4,61,156 units. PV exports grew 34% yoy (down 2% yoy), while 3W exports decreased 7% yoy (down 18% yoy). Motorcycle exports grew 39% yoy (down 2% mo) in August 21. Although container availability and geopolitical issues in a few regions have impacted export sales , they should improve in the coming months and register double-digit growth in FY22.

Inventories: In the PV segment, inventories decreased at the company level with production being 7% lower than sales volume. In the 2W segment, inventories decreased at the company level with production being 3% lower than sales volume. Factory inventories were down at all OEMs due to increased shipments to dealers due to the easing of restrictions in several districts.

Our take: Given the gradual recovery in the COVID scenario, we expect retail demand across all segments to see some near-term recovery, although the pace of the recovery will be somewhat slow . While we expect volume to improve over the next 2 months, there is uncertainty related to festive demand near the start of 3QFY22. Besides controlling the additional COVID workload, the rainfall situation by the end of September 21 would decide how the demand scenario would play out in the future. Despite double-digit growth in July 21, we expect the impact of a slower recovery in automakers’ profitability during 2QFY22 due to the higher cost of commodities and the lag effect of the the same effect on end customers. However, we believe that with increased immunization coverage and the various government initiatives to break the COVID chain, the situation would improve in 2HFY22E. Additionally, semiconductor supply constraint and container availability issues are expected to impact sales and production in the short term, which we believe would be resolved in 2HFY22. We expect the M & HCV segment to experience strong double-digit volume growth in FY22E. We believe long-term fundamentals remain intact for the automotive sector. As we prefer automakers with a stronger global presence and with a stronger CV presence at this point, Ashok Leyland, Bharat Forge and RK Forgings remain our top picks.

Link to the report


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Nation’s auto sector fears further decline as vehicle and fuel sales drop amid COVID lockdowns https://www.soc-usa.org/nations-auto-sector-fears-further-decline-as-vehicle-and-fuel-sales-drop-amid-covid-lockdowns/ https://www.soc-usa.org/nations-auto-sector-fears-further-decline-as-vehicle-and-fuel-sales-drop-amid-covid-lockdowns/#respond Mon, 13 Sep 2021 02:34:00 +0000 https://www.soc-usa.org/nations-auto-sector-fears-further-decline-as-vehicle-and-fuel-sales-drop-amid-covid-lockdowns/ As COVID continues to ravage the country and more and more restricted areas, the auto industry is concerned that the green shoots that had started to appear may not survive for long. According to reports citing a senior BPCL official, fuel sales in April fell as aggregate demand at the end of the month fell […]]]>

As COVID continues to ravage the country and more and more restricted areas, the auto industry is concerned that the green shoots that had started to appear may not survive for long.

According to reports citing a senior BPCL official, fuel sales in April fell as aggregate demand at the end of the month fell 7%. Preliminary data released by state-owned retailers shows gasoline sales were at their lowest since August of last year.

Auto sales also saw a similar decline, especially in the passenger car segment. Vehicle sales by dealers to manufacturers were down 7% in April from the previous month. The month of April of last year, at the height of the lockdown period, marked a total collapse.

Major automakers including Maruti Suzuki and Toyota, as well as two-wheeler brands like Hero and Honda, have already announced a suspension of production at their factories due to the second wave of infection. Some of them used the disruption to run their maintenance programs.

Within a week, global energy consultants Rystad Energy lowered the demand estimate for India’s refined products and forecast a decline to 2.8 million bpd in May 2021, a downward revision of 160,000. barrels per day (bpd) compared to the estimate of a week earlier.


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Nepal’s auto sector hits slowdown ahead of holiday season https://www.soc-usa.org/nepals-auto-sector-hits-slowdown-ahead-of-holiday-season/ https://www.soc-usa.org/nepals-auto-sector-hits-slowdown-ahead-of-holiday-season/#respond Mon, 13 Sep 2021 01:27:24 +0000 https://www.soc-usa.org/nepals-auto-sector-hits-slowdown-ahead-of-holiday-season/ Nepal’s auto market has seen another slowdown after the government increased excise taxes and road construction costs on two-wheelers as part of the revised budget for fiscal year 2021-2022. The prices will go from Rs15,000 to Rs50,000 depending on the engine displacement. This latest increase in excise duties and road construction costs will impact those […]]]>

Nepal’s auto market has seen another slowdown after the government increased excise taxes and road construction costs on two-wheelers as part of the revised budget for fiscal year 2021-2022. The prices will go from Rs15,000 to Rs50,000 depending on the engine displacement.

This latest increase in excise duties and road construction costs will impact those planning to purchase a two-wheeler during the upcoming Dashain and Tihar holiday season. Car dealers usually offer great discounts and programs during this time and price-conscious Nepalese buyers take advantage of these offers to purchase a new vehicle. According to car dealers, sales of two-wheelers increased by 60-65% during this period,

In accordance with the revised budget, the government has increased the excise duty on 125cc to 200cc two-wheelers by up to 50 percent. Before that, the government imposed an excise tax of 40% on 155cc two-wheelers and 40% on 155cc to 250cc two-wheelers. The 125cc to 250cc two-wheeler segment constitutes the majority of sales in the country.

Likewise, the excise duty on motorcycles with a cylinder capacity of 500 to 800 cc has been increased to 100 per cent, an increase of 20 per cent over the previous provision.

The government has also increased the cost of road construction on two-wheelers. Under the new arrangement, the road construction charge on bikes crossing 125cc is Rs15,000 per unit. Likewise, the road construction fee on 125cc to 250cc bikes is Rs 18,000 while 250cc to 400cc bikes will be charged Rs 50,000 per unit and bikes over 400cc will be charged Rs 100,000.

Before the trek, the road construction charge for bikes crossing 155cc was Rs15,000 per unit, 155cc to 250cc were Rs18,000, motorcycles crossing 250cc to 400cc Rs50,000 and bikes crossing a displacement of 400cc Rs100,000 per unit .

Krishna Prasad Dulal, chairman of the Nepal Automobile Dealers Association (NADA) said that although the government has increased the tax on two-wheelers, it has provided for a 50 percent exemption on parts used by the two-wheeler assembly industry, an increase over the old 25 percent.

Dulal said: “The higher waiver will allow domestic assemblers to lower their prices and become more competitive with imported bicycles.”

Dulal said the government move is welcome and also encourages other dealers to open assembly units around the country, which will help establish an industry and create jobs.

According to dealers, the prices of locally assembled bicycles will not increase while the prices of imported bicycles will increase.

Currently, Golchha Group and Jagadamba Group respectively assemble Bajaj and TVS motorcycles in Nepal.

Syakar Group (Honda) and Morang Auto Works (Yamaha) are also planning to open factories to locally assemble two-wheelers.

“We cannot comment on the tax increases that the government is imposing on imported products,” he said.

Dulal said the tax has not been increased on two-wheelers which are mainly used by the general public. He also added that an increase in the tax on two-wheelers would not impact sales.

According to the Customs Department, the country imported two-wheelers worth 33.19 billion rupees in fiscal year 2020-21, a sharp increase of 76.91% as the import bill s ‘amounted to Rs 18.76 billion in fiscal year 2019-2020.

The country imported 208,793 motorcycles in fiscal year 2019-2020, while the number increased to 355,959 in fiscal year 2020-21.

According to vehicle registration data from the Department of Transportation Management, the department registered 198,062 motorcycles through mid-March of the 2019-2020 fiscal year, while the registration was 282,997 during 2018-2019 fiscal year.

According to car dealers, despite a slowdown in economic activity, sales of two-wheelers saw significant growth compared to four-wheelers after the lockdown was lifted last year as people switched to private transport for fear of contract Covid-19 using public vehicles.


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