Daily News Capsule: Hyundai Aura Design Renders | Mahindra Electric New CTO

Daily News Capsule: Hyundai Aura Design Renders | Mahindra Electric New CTO

Daily News Capsule: Martin Murray at Mahindra Electric | MSIL 6 Lakh Milestone
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Hyundai Motor India Ltd has unveiled the first look of upcoming sedan Hyundai AURA. The sedan projects a sportier, futuristic and a progressive image based on its next-generation design direction that embraces architecture, styling, technology and proportion. 

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Mahindra Electric Appoints Martin Murray as CTO

Mahindra Electric has appointed Martin Murray as Chief Technology Officer (CTO). He will be reporting to the CEO, Mahesh Babu and will be based out in Bengaluru. In his new role, Murray will be responsible for product & project engineering, mobility solutions, and programme management at Mahindra Electric. Read more

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Maruti Suzuki Betting Big on AMT, AT & CVT Technologies

Maruti Suzuki India Limited has achieved a new milestone of selling over six lakh vehicles equipped with automatic transmission technologies. As of date, Maruti Suzuki offers automatic options in 12 models and a choice of three different automatic transmissions – Auto Gear Shift (AGS), Automatic Transmission (AT) and Continuous Variable Transmission (CVT). Out of the total, over 5 lakh vehicles are engineered with Auto Gear Shift (AGS) technology. The AGS is offered in Alto K-10, S-Presso, WagonR, Celerio, Ignis, Swift, Dzire and Vitara Brezza. The AT transmission is offered in Ertiga, Ciaz and XL6 while Baleno comes equipped with CVT technology. In FY 2018-19, the company had sold over two lakh units of automatic vehicles.

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Continental Appoints Krishan Kohli as Head of Hydraulic Brake Systems

Krishan Kohli will take over as head of Continental's Gurgaon location as well as head of Business Unit Hydraulic Brake Systems in India. This is in addition to his existing role as Head of Business Unit Vehicle Dynamics (VED) in India. Kohli succeeds Thomas Laudes, who will be moving to take on other leadership position within the organisation. 

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Honda Cars - TranzLease Tie-up to Launch SMART Auto Loan

 

Honda Cars India Ltd has tied up with TranzLease to introduce SMART EMI, a next generation auto finance solution for its customers. SMART EMI will take care of the finance, registration, insurance and maintenance requirements of vehicles during the financing period. The SMART EMI promises car owners guaranteed resale value at the end of the tenure, with an option to retain or sell the car along with various other benefits. This facility is available in Delhi – NCR and Mumbai and will soon be made available in Pune, Bengaluru, Hyderabad and Chennai. Based on the response in major cities, the solution will be rolled out on pan India basis.