Daily News Capsule: Volkswagen E-Bulli Concept | Mahindra on Covid-19 & More

Daily News Capsule: Volkswagen E-Bulli Concept | Mahindra on Covid-19 & More

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Volkswagen Commercial Vehicles (VWCV) has shown the e-Bulli concept based on a 1966 T1 Samba Bus. Originally powered by a 4-cylinder ICE boxer engine, VW has replaced it with a 45kWh battery pack for electric drivability. Read more

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Covid-19 Impact: How Mahindra, Hero Cycles Can Inspire Others!

Mahindra Group Chairman Anand Mahindra gladdened many hearts across the country by announcing that he would contribute 100 % of his salary to create a fund towards assisting those people (small businesses & the self-employed) who are the hardest hit in the value chain owing to the Covid-19 menace. Read more

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SIAM Hopeful Of Govt Support During Covid-19 crises

Society of Indian Automobile Manufacturers (SIAM) has welcomed the government’s new financial action plan of Rs 1.7 lakh crores to support medical warriors and affected section of the society for the on-going Covid-19 crises. The support will be extended to daily wage earners, farmers, construction workers, self-help groups, women, etc and SIAM is hopeful that the government will also soon announce measures to support the automotive industry.

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Michael Perschke Steps down as CEO of Automobili Pininfarina

 

Michael Perschke has stepped down as the CEO of Automobili Pininfarina and in an interim arrangement, Per Svantesson has been appointed for the role of Managing Director and CEO of the business. Michael was instrumental in the creation of Automobili Pininfarina’s business model and strategy and carries an impressive success story in developing a disruptive product and founding the organisation. Per calls upon 36 years of international experience in senior automotive industry positions.