š Mahindra's Potential Acquisition of Skoda-VW: A Game-Changer for the Global Auto Industry š In a move that could significantly reshape the global automobile sector, Mahindra is reportedly on the verge of acquiring a 50% stake in Skoda Auto Volkswagen India (SAVWIPL). This landmark deal, valued at around $1 billion, marks a major partnership between these two automotive giants. Impact on the Global Automobile Sector Enhanced Global Reach: This acquisition will allow Mahindra to leverage Skoda-VW's extensive global network, boosting its presence in international markets. Technological Synergy: By combining Mahindra's cost-effective vehicle platforms with Skoda-VW's advanced technology, the partnership will drive innovation and efficiency in vehicle production. Sustainable Solutions: The collaboration will accelerate the development of electric vehicles (EVs), aligning with global trends towards sustainable transportation. Boosting Research and Development The partnership will foster a robust exchange of technology and expertise between Mahindra and Skoda-VW. This collaboration will: Enhance R&D Capabilities: Joint research initiatives will lead to breakthroughs in EV technology, autonomous driving, and smart mobility solutions. Shared Knowledge: The exchange of best practices and technological advancements will drive innovation and improve product offerings. Technology Sharing and Collaboration The acquisition will enable both companies to share and develop cutting-edge technologies, including: Electric Vehicle Platforms: Utilizing Volkswagen's MEB platform for Mahindra's EVs, enhancing performance and range. Advanced Manufacturing Techniques: Implementing Skoda-VW's advanced manufacturing processes to improve efficiency and reduce costs. For more details on this exciting development, you can read the full article on: https://lnkd.in/dfNvsjVj #Mahindra #SkodaVW #AutomotiveIndustry #ElectricVehicles #Innovation #SustainableMobility #GlobalAutoTrends
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š šš”š ššØš°šš«š”šØš®š¬šš¬ šØš šš”š šš®ššØš¦šØšš¢šÆš ššØš«š„š š¢š§ šššš: š šš„šØššš„ šš§šš©š¬š”šØš š In 2024, the automotive industry is more dynamic and interconnected than ever. From cutting-edge electric vehicles to timeless luxury, the worldās leading automobile groups are driving innovation and shaping the future of mobility. This striking infographic by World Wide Mobility reveals the intricate web of global automotive giants and their diverse brand portfolios. Whether itās the legendary performance of š šš«š«šš«š¢ under the Fiat umbrella, the electric revolution spearheaded by ššš¬š„š, or the expansive reach of ššØš„š¤š¬š°šš šš§ šš«šØš®š© with icons like Audi, Porsche, and Bentleyāthese conglomerates are the backbone of the industry. As we navigate a rapidly evolving landscape, understanding these corporate alliances is crucial for staying ahead in the game. Whether you're in the industry or just an enthusiast, this visual guide is a must-see! Explore the full spectrum of brands that make up the modern automotive ecosystem. š https://lnkd.in/gHGUfJQZ GEELY BYD BYD India Private Limited Volkswagen Group Stellantis Tata Motors Mahindra Group Mahindra and Mahindra Limited [Automotive and Farm Equipment Business] American Honda Motor Company, Inc. General Motors GMC Suzuki Motor of America, Inc. Maruti Suzuki India Limited BMW Group Toyota Motor Corporation Toyota Kirloskar Motor Volvo Cars Tesla Mazda North American Operations Hyundai Motor Group Ford Motor Company Ferrari GAC MOTOR Baic Subaru of America Mercedes-Benz AG Mercedes-Benz USA Mercedes-Benz India Aston Martin Lagonda Ltd Lucid Motors Rivian FCA Fiat Chrysler Automobiles Renault Nissan Motor Corporation #AutomotiveExcellence #GlobalBrands #InnovationInMotion #ElectricVehicles #LuxuryCars #Mobility2024 #AutomotiveIndustry āŗ Stay tuned for more updates and follow Shivam Sharma āļøš¤š "š©š ššš šæššššš š¶š šššŖš š³ššš"šļøš
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Volkswagen Group's Indian Subsidiary, Å koda Auto Volkswagen India Private Limited, is in talks to sell a 50% stake to Mahindra Group at $1B USD valuation. The JV will focus on developing SUV EV platforms for the domestic and international markets, but will also cover joint development of some ICE cars. The German based automaker is looking to India for growth amid US and China geopolitical tensions. The company has a long history of JVs with local manufacturing partners, notably in China with FAW and SAIC Motor to make cars for the Chinese market. As of 2023, the company operates two auto plants in India, at Aurangabad and Pune, which have capacity for 3 lakh units. Volkswagen sold only 1 lakh units in India last year, accounting for less than 2% of global deliveries across all brands. If the deal goes through, Mahindra would gain access to Skoda's manufacturing capacity of 3 lakh units per year and their ICE and EV technology. Mahindra is currently desperate for capacity, looking to expand from 8.4 lakh to over 10 lakhs; the excess capacity from Skoda could potentially fill that gap. Skoda would benefit from Mahindra's low-cost ICE vehicle platforms and sourcing advantages in the Indian market. This news follows a recently announced strategic agreement between Volkswagen Group and Mahindra Group to accelerate Mahindra's entry into the Indian EV market. The partnership will see Mahindra integrate Volkswagenās modular electric drive matrix (MEB) technology into its INGLO electric platform. Below is a summary of the agreements key points. š MEB Technology : Volkswagen will supply Mahindra with MEB's often referred to as EV "skateboards". These skateboards (picture below) include the chassis and integrated battery pack. By supplying Mahindra with an already assembled solution, Volkswagen claims Mahindra will save 50% of production costs compared with buying assembling the components in house. š Volumes: Mahindra said the agreement will last "several years" and see VW supply 50GWh of battery capacity over its lifetime. If we assume the average battery pack of Mahindra's new line of EVs is a generous 50kWh, the agreement should cover delivery of 10 lakh EVs. Takeaways: The VW-Mahindra partnership is significant as less than 1 lakh passenger EVs were sold in India in 2023; Mahindra is betting big on the growth of the market. The company plans to launch five all-electric SUVs based on the INGLO platform, it currently has 6% market share in the passenger EV vertical. The company has its' eyes set on grabbing a share of the lucrative SUV EV market from MG and Tata Motors, combined the two companies currently control over 75% of the market. Sources: Reuters- https://lnkd.in/gtTEdfzf AutoCar - https://lnkd.in/gNz83nw7 ET Auto - https://lnkd.in/gn9cRHGY #EV #batteries #India
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Skoda sells 50% of Skoda India to Tech Mahindra. Skoda is the premium brand in the largest population/future market of the world. We learnt from the Tata Nano, that Indians want to buy premium, they want to sit rear/left. Skoda is in India positioned above VW. Why is Skoda diluting itās brand value and opening the VW Group tech stacks to a competitor in a major market? Itās all about partnerships, when the European OEM have to face their technical or brand inferiority in markets as China and US. I do not see this for Skoda India. Whatās your guess? #mobility #electricvehicles Volkswagen Group SKODA India Å koda Auto Tech Mahindra Tata Motors P.s.: In 2026 China and India peak 1.46 Bn citizens. From then on the Indian population growths above the Chinese. However the market potential in India is today already bigger.
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š A blockbuster deal could be brewing in the Indian auto industry! š¢ Reports suggest Mahindra & Mahindra (M&M) is in talks to acquire a 50% stake in Skoda Auto Volkswagen India for a valuation between $800 million and $1 billion. What's in it for Mahindraā āŖ Access to Skoda's 3 lakh annual production capacity and cutting-edge European technology. āŖ Land for a new manufacturing facility to ramp up production. āŖ Low-cost vehicle platforms from M&M for both ICE and electric vehicles. āŖ Sourcing advantages leveraging Mahindra's strong presence in the Indian market. What's in it for Skoda Auto VWā āŖ Access to Mahindra's versatile NFA platform for future Skoda and VW models. āŖ Partnership to meet CAFE-3 regulations and manage production costs. āŖ Leverage Mahindra's expertise in the Indian market. š Potential Impact: āŖ A combined entity exceeding 1 million units in annual production capacity. āŖ Faster development of new-generation models and EVs. āŖ Increased market competitiveness for both brands. This deal could significantly reshape the Indian auto landscape. What are your thoughts? #Skoda #Mahindra #Merger #AutoIndia
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https://lnkd.in/dQwRN-a9 In the dynamic world of the automotive industry, #MarutiSuzukiLeadership is set to make waves with the #Swift2024Launch and #Dzire2024Reveal. These #NextGenCarModels are a testament to #AutomotiveInnovation, pushing the boundaries of design and performance. The debut of the new 1.2-litre three-cylinder #ZSeriesEngineDebut underscores Maruti Suzukiās commitment to driving the future of mobility. As we navigate the #AutoMarketTrends, the #MarutiSuzukiFuture looks promising and exciting. Stay tuned for more #CarIndustryNews and join the conversation on #DrivingTheFuture. Remember, the road ahead is as exciting as we make it!
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#AutoNewsIndia Nissan & Honda's Possible Merger: Honda and Nissan began a collaboration this year for the development of electric vehicles & with further discussions, there is likely a potential creation of a new corporation would be likely to be formed under which these two companies would operate. This collaboration comes after the rise in tech costs and with the increase in cheap Chinese competition. Honda sold 3.4 million units, and Nissan sold close to 3.4 million units last year. If they unite together, they will be forming the third largest car-selling company after Toyota (12M sold) & Volkswagen (9M). Collaborations are happening industry-wide with the likes of GM and Hyundai for South Korea and other partnerships with Volkswagen and Rivien for developing future electric cars. Roaring SUV Diesel Sales Bring Back Diesel Legacy: Roaring SUV sales are driving diesel shares to an all-time high. Where over 9/10 diesel cars sold are SUVs. We are seeing a rise in diesel cars after a gap of 14 years. India sold 7.74 Lakh diesel units this year vs 7.34 lakh units sold last year. With SUV sales being 55% of the total sales. With the rise in diesel cars, Skoda is planning to launch diesel Octavia, Superb & Kushaq. Mahindra's diesel share grew to 84% from 81%, and BMW's grew from 36% from 21%. Hot Deals On Lux Cars: BMW, Audi, Mercedes & JLR have seen the highest discount prices in the last 5 years. Luxury cars make up to 2% of the entire passenger vehicle car market, which is growing at a steady rate of 5%, which is the lowest in the last 3 years. Companies are giving 7-15 lakhs in discount depending on models and geographies of the dealers, which has given a change for the first time luxury car buyers to enter the club.
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š¢šMahindra Set to Acquire 50% Stake in Skoda Auto Volkswagen India š¶Mahindra is in advanced discussions to acquire a 50% stake in Skoda Auto Volkswagen India, with a deal likely valued between USD 800 million and USD 1 billion. š·Sources report that both companies are nearing the signing of a Memorandum of Understanding (MoU), outlining a potential partnership that would grant Mahindra access to Skoda Auto VWās global technology and manufacturing capabilities. š¶The deal is expected to bring Mahindra additional production capacity and integration into the Volkswagen Groupās vehicle architecture. š·In return, Skoda Auto Volkswagen will gain access to Mahindraās lower-cost vehicle platforms, including the New Flexible Architecture (NFA), designed for both internal combustion engine (ICE) and electric vehicle (EV) models. š¶The agreement could impact upcoming models like the Kushaq and Taigun, as the companies explore using Mahindraās NFA for future vehicles. š·Both companies have yet to officially comment, but industry experts see the deal as a strategic move for Skoda Auto Volkswagen to improve its position in Indiaās growing EV market. Source : apac news
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New Swift Launch: Maruti Suzuki Committed to Hatchbacks Amid Segment Decline The mid hatchback segment in India faced challenges last fiscal year, with an 11.1% decline according to JATO Dynamics Indiaās segment sales trend analysis cited by The Times Of India. However, Maruti Suzuki remains optimistic about the future of small cars like its popular Swift model. Despite the segment pressures from rising popularity of compact SUVs and used cars, the Swift managed to grow sales by over 10% last year. It stands as the second best-selling vehicle in the mid hatchback category. While committing to not "give up on small cars," Maruti Suzuki acknowledges that any revival of the hatchback segment will require significant design innovation and value enhancement to compete effectively against the newer crossover/SUV models dubbed as "the new hatchbacks" The company has invested Rs 1,450 crore to upgrade the Swift, with hopes that the new 4th generation version will help revive the category. However, major automakers will need to find creative ways to make compact hatchbacks more appealing to buyers amid the changing preferences. #MarutiSuzuki #NewSwift #Hatchbacks #AutoIndustry #SegmentTrends #Innovation #ValueEnhancement #JATO]
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Maruti Suzuki Announces Price Hike of Up to Rs 32,500 Starting February 1. Maruti Suzuki, one of Indiaās leading automobile manufacturers, has announced a price hike across its range of cars and SUVs, effective from February 1, 2025. The price increase ranges from as little as Rs 1,500 to up to Rs 32,500, depending on the model. This decision comes in response to rising input and operational costs. Full details: https://lnkd.in/gxtEHq28 . . #MarutiSuzuki #MarutiSuzukiArena #marutisuzukiswift #carbikez #latestnewstoday #news #NewsUpdate #newsfeed #LatestNews #automotive #autonews #automobile #cars #carnews
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Top Car Companies by Market Capitalization šš° The global automotive industry is dominated by key players, with Tesla leading the way. Hereās a breakdown: Tesla Market Cap: $1.4 Trillion Holds a staggering 48.3% market share among full-vehicle manufacturers. Toyota Motor Corporation Market Cap: $231 Billion Secures the second spot with an 8% market share. BYD and @Xiaomi (China) Market Cap: $107B and $98B, respectively. Ferrari Market Cap: $81 Billion, showcasing luxury in the top 5. German Automakers Mercedes-Benz AG , Porsche AG , BMW Group , and Volkswagen Group collectively hold 7.7% market share. Indian Giants Mahindra & Mahindra and Maruti Suzuki each command about 1.5% market share Traditional American Brands General Motors: $58B Ford: $41B Future of Competition šāļø Companies like Nissan Motor Corporation , Honda , and Mitsubishi Corporation are forming alliances to stay competitive. Chinese manufacturers like BYD are driving the shift, pushing traditional brands to innovate faster. #Tesla #AutomotiveIndustry #MarketCap #EVRevolution #Toyota #BYD #LuxuryCars #Ferrari #GermanEngineering #AmericanCars #IndianAutomobiles #Innovation
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