Daily News Capsule: Continental Tachograph | Auto Component Industry & More

Daily News Capsule: Continental Tachograph | Auto Component Industry & More

Daily News Capsule Continental Tachograph Auto Component Industry Revenues Aston Martin DBX Hyundai Motor India Ltd HMIL
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Continental DTCO 4.1 Tachograph for Transport Industry

The adoption of Mobility Package I by the European Commission, the European Council and the European Parliament has brought a breath of fresh air for technology companies like Continental. The implementation of the new guidelines set forth in Mobility Package I will be enabled by tachographs and the DTCO 4.1, Continental’s next-generation intelligent tachograph, will have an important role to play. READ MORE

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Auto Component Industry Revenues to Decline by 14-18 % in FY21, says ICRA

The automotive industry has been affected by the pandemic and continuing lockdowns are directly impacting the economic environment as well as consumer sentiments. Domestic automotive production declined by ~14.7% in FY20 and is expected to witness double-digit decline in FY21 as well. Driven by weak demand across domestic OEM, replacement market and exports, the domestic auto component sector’s revenues are estimated to decline by 14-18 % in FY21. READ MORE

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First Aston Martin DBX Drives Off the Production Line

Aston Martin rolled out the first-ever DBX SUV off its production line from the company’s new manufacturing facility in Wales, UK. With virtual development of this SUV stretching back to 2015, physical testing had started in 2018 at the new facility. DBX combines the practicality of an SUV and the characteristics of a sports car in a carefully crafted body. The versatile all-wheel-drive platform will allow Aston Martin to expand to markets with demanding terrains. READ MORE

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Hyundai Releases ‘Haq Hai Humara’ Corporate Brand Anthem

Hyundai Motor India Ltd. (HMIL) has released an anthem as a tribute to the ‘Indomitable Spirit of India’. The corporate brand anthem ‘Haq Hai Humara’ aims to bring together the people of India and salute their resolve to stand united and stay strong in this unprecedented adverse situation. ‘Haq Hai Humara’ depicts gratitude to all frontline workers and the citizens of the country who have risen up to this challenge with their steadfast spirit and for their invaluable contribution in the fight against the COVID -19 pandemic.