article thumbnail

Expecting ROCE to be higher than 20% in long run: Sunil Bohra, Uno Minda – ET Auto

Baua Electric

Sunil Bohra, Group CFO, Uno Minda “A lot of these plants which currently we have are running sort of closer to capacity and now for any further growth, there is no possible solution available by debottlenecking, etc, whatever was possible we have done,” says Sunil Bohra , Group CFO, Uno Minda.

Auto 52
article thumbnail

Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy

The Truth About Cars

According to the 2024 Dealer Outlook Survey, 83 percent of respondents said the government was pushing the transition toward EVs too quickly and mucking up the auto market. EVs are definitely not a want of our guests today. Who's going to pay that kind of money for that type of vehicle when the infrastructure isn't available?"

Dealers 102
article thumbnail

Maine Approves Right-to-Repair Rules, Auto Lobby Annoyed

The Truth About Cars

to approve such a measure and requires automakers to standardize modern vehicle onboard diagnostic systems and make them available to both customers and any independent repair shops they’d like to use. That’s not the definition of right-to-repair,” he continued. This makes Maine the sixth state in the U.S.

Auto 103
article thumbnail

Toyota introduces Grand Highlander with 3 powertrains

Green Car Congress

The 2024 Toyota Grand Highlander made its world premiere before the opening day of the Chicago Auto Show. It is available in three powertrains across three grades: the 2.4L There is definitely a need in the market for a midsize-SUV that prioritizes interior comfort in all three rows and Grand Highlander is the ultimate option.

article thumbnail

April auto gross sales defy financial hesitancy

Baua Electric

Energy’s head of knowledge and analytics, stated “significant improvement in overall new-vehicle availability from a year ago” is suppressing broker margins and inflicting automaker incentive spending to extend. This is definitely going to be the year of affordability,” Parker stated. Thomas King, J.D.

Auto 52
article thumbnail

United Auto Workers Ratify New Labor Contract

The Truth About Cars

While Ford’s voting hasn’t yet reached the point where we can say anything definitive, its negotiations with the union also went the best. A full breakdown of the contracts will be available once voting has been deemed official. The Blue Oval offered sweeter deals than rival automakers and sooner, too.

Auto 81
article thumbnail

J.D. Power highlights need to improve Level 2 EV chargers

Teslarati

Power’s electric vehicle charging satisfaction surveys have highlighted a particular trend in the market — while public electric vehicle chargers are becoming more reliable, the availability of Level 2 EV chargers is getting worse. The lack of chargers that are available for consumers is becoming a growing issue among EV drivers.

Power 103