Safety and emission reduction, though not paramount, are gaining traction in the Indian commercial vehicles space. Wabco India, which has been acquired by ZF, is bullish on the market which is being driven by regulations and trends. According to P Kaniappan, Managing Director, WABCO India Ltd, the new independent Commercial Vehicle Control Systems division with ZF will offer better value and service to the Indian customers in the local context. The company keeps focusing on bringing its global capabilities to cater to new regulations and demand for advanced driver assistance, braking, stability control, suspension, transmission automation and aerodynamics to improve safety, efficiency and connectivity of commercial vehicles.

ZF Friedrichshafen completed its USD 7 billion acquisition of commercial vehicle technology supplier Wabco Holdings amid the pandemic last year. The integration is still underway and is expected to finish in early 2022. As part of the process, the company’s initial focus was to ensure seamless business continuity with customers and to assure employees that the acquisition is another part of the business. “From day one, we had communication with all our employees, giving them the rationale and logic of this merger with the customer centricity approach for which we are known in India and globally,” said P Kaniappan, Managing Director, WABCO India Ltd.

The acquisition is expected to create a powerhouse in the commercial vehicle space, offering better value and service, catering to demand for safety, dynamics controls, air suspension systems, fuel efficiency, emission reduction, fleet management and connectivity.

Wabco, which will be the 10th division of the Germany-based technology company, will operate as the independent Commercial Vehicle Control Systems division within ZF.

“We are updating our customers on the integration process, which is taking place at a global level. The integration process is very structured and professionally aligned internally,” added Kaniappan.

Wabco is the leading global supplier of braking control systems and other advanced technologies that improve commercial vehicles’ safety, efficiency and connectivity. Wabco is present in India for more than 60 years. Powered by its vision for accident-free driving and greener transportation solutions, Wabco India provides industry-leading solutions in the autonomous, connected and electric (ACE) domains to the commercial vehicle industry in India.

Currently, Wabco India Limited is a world-class manufacturer and local market leader in advanced braking systems, conventional braking products and related air assisted technologies and systems in India. Headquartered in Chennai, Wabco India has five manufacturing facilities, an advanced technology development centre, a vehicle testing facility and a nationwide aftermarket distribution and services network. Wabco India is committed to the long-term success of its customers by leveraging Wabco’s robust global technology portfolio.

Though Kaniappan agrees that the integration would have been a smoother ride if the pandemics had not caused subsequent lockdowns, he said the employees’ safety and health have always been paramount for the company. “Yes, the focus could have been much more intense (on the integration), and the timeline could have been shorter. But by the time we started the integration, the pandemic was already affecting the world. So that’s the reason we had to stretch the integration deadline.”

Wabco is betting high on all its product range considering the new regulations related to safety, emission, fuel economy and total cost of ownership. According to Kaniappan, Wabco braking system will remain the main growth driver for the company. India has been traditionally the drum brake system market. However, with the growing emphasis on safety and new mobility, the Indian auto industry is slowly moving on to the air disc brake (ADB), which offers better safety, service, comfort and overall cost. The ADB offers a shorter stopping distance, consistent brake performance and very high mechanical efficiency. The prime advantage of ADB is in weight reduction; the single-piston allows to deliver the same performance with a significantly lower number of components, which in turn minimises parts failure. The company launched disc brake systems for the bus segment, mainly for the front axle. “Within our brake system, the company also aims to improve the efficiency of the braking system that consumes energy,” added Kaniappan.

He also added that the increased axle load norm demands improvement in the braking system. As a result, the company has upgraded all its braking system products to support the customers, which involves upsizing the compressors or optimising the size of the compressors, upgrading the air management system products, and in some cases, changing the actuators and other elements of the braking system to handle the higher axle load requirement.

Commercial vehicles, trucks, buses and multi-axle vehicles account for a third of road accidents in India. About 84 percent of accidents occur owing to loss of control.

India is also in the process of making electronic stability control (ESC) mandatory soon. The draft notification has been issued for the ESC for buses, which is expected to come into force by April 2023. It aims to achieve higher standards of safety for all categories of vehicles. Wabco India has already been supplying Electronic Stability Control (ESCsmart) for trucks and buses. The ESCsmart improves vehicle stability during highly dynamic driving manoeuvres. ESCsmart provides yaw control on low friction road conditions and roll stability control on high-friction road conditions. It operates independently of driving and load conditions and delivers outstanding control quality due to self-adapting capabilities on the road.

In addition, Indian customers are now testing and evaluating some advanced emergency braking systems for collision avoidance, which immediately assists and alerts the driver. The Wabco executive expects autonomous emergency braking (AEB), which has collision warning systems and collision mitigation systems, will soon be introduced in India. “The technologies available with both companies are to be localised at an appropriate time,” he added.

Wabco India also offers solutions to make air suspension intelligent. The company’s air suspension with electronic control air suspension technology (ECAS) is an alternative to the steel-spring suspension. It improves fuel economy, increases ride comfort, enhances passenger safety and improves vehicular stability. With this technology, the vehicle can sense the road and distribute the load, and the whole system can be raised or lowered to give reduced drag and roll-over protection. Usually, on bumpy roads, air depletes in the suspension; however, ECAS can ignore small humps on the road and air depletion will occur only during the heavy bumps. “With the ECAS, we can reduce air consumption, resulting in saving fuel. As every vehicle goes through a bumpy road, the air depletes. Our electronic control can programme the system so that it does not deplete, and it improves the fine balance of the compressor running. Plus, it can also raise and lower the height of the vehicle’s suspension. This fuel-saving technology will find its place due to CAFÉ norms. This technology is also progressively coming into the Indian market, and we are working with some customers,” added Kaniappan.

Tyres are the only component that touch the road, which influences the safety and fuel efficiency of the vehicle as well. Inappropriately aired tyres impact the fuel economy and tyres’ life and could also cause accidents. As per a report, over 30 percent of truck breakdowns were caused by tyre failure. Wabco India’s OptiTire, tyre pressure monitoring system (TPMS), helps maintain tyre pressure at the recommended level and detects slow punctures early. This also helps in improving fuel efficiency, rolling resistance and reduction in CO2 emission. The company is also working on getting TMPS sensors localised to make the technology competitive in the country.

The AIS 140, standards published by the Automotive Research Association of India (ARAI), mandates a vehicle-tracking device and an emergency button in all existing and new public-service and commercial vehicles. Wabco India also finds business opportunities in the vehicle tracking space.

Fleet management is also another area where Wabco sees more considerable opportunities as the fleets are now realising the importance of the total cost of ownership through such programmes. In addition, Wabco offers its connected vehicle programme for OEMs.

Wabco India also launched fleet management solutions or connected vehicle programme. The company has already strengthened its connected vehicle solutions after the acquisition of Transics. The company has developed a solution in India for the Indian market in the local context. It has partnered with a few customers and is powering its connected vehicle solutions by providing end-to-end solutions from hardware, firmware and software. This includes advanced fuel management, uptime monitoring, trip monitoring and route management, vehicle diagnostics, track and trace of fleets, helping improve fleet logistical efficiency and the safety and comfort of passengers and drivers.

For the aftermarket, WABCO acquired AssetTrackr. Asset Trackr offers global capabilities with a value proposition for the Indian market. The company is now leveraging its aftermarket and using the aftermarket network, service centres to promote Asset Trackr as another significant new revenue stream.

Demand for OE commercial vehicles has been slackening for two years. In FY20, commercial vehicle sales plunged 29 percent , followed by over 20 percent in FY21. As a result, the company is banking on its reach and product offering in the aftermarket business. Wabco India’s aftermarket business grew over 50 percent in the first three months of this calendar year.

Taking a lesson from the pandemic that has severely impacted commodity prices, Wabco explores the chances to procure steel, aluminium from the prime producers in the local market to have stability in supply. “We have learned a lot during recent times. We can anticipate the things in a much better way and can have better preparedness, flexibility and agility which will help us to face any potential headwinds that are going to come,” added Kaniappan. (MT)

Stellantis CEO Carlos Tavares has stepped down due to differences with the board, a news report in the CNN.com (Business) has mentioned. It has also mentioned that Tavares faced criticism for the lack lustre performance of the Group brands – formed with the coming together of FCA and PSA Groups – during the nine months of the current calendar year in the US. 
The announcement of Tavares’ departure comes at a time when popular group brands such as Jeep, Chrysler and Dodge have seen sales drop as the ‘affordable’ models are discontinued under the wake of a ‘lean’ strategy and in what looks like an attempt to elevate the brands to offer premium luxury vehicles. 
In India too, the Jeep vehicles are priced much higher than they may be worthy of. It is no surprise therefore that they are being undercut by Jeep-like vehicles from brands like Mahindra, which costs many million Rupees less. 
Beginning its journey in Mumbai after Independence by assembling Willys CJ3 Jeep under license from Willys Corporation, Mahindra has grown to be a leading utility and SUV vehicles manufacture in India. It has also found a strong footing in export markets of US, Australia and South Africa with its 4x4 vehicles. 
Also failing to extensively refresh or introduce next generation models such as the Compass in India, Jeep is not doing great in India either, the figures indicate. The other brand, Citroen seems to be better positioned and more agile in its ability to learn and adapt to the market requirements in the country. It too is yet to show its prowess to set the sales charts on fire in India.   
Criticised to have taken the lean strategy a bit too far to come back and bite the group where it hurts the most, Tavares’ stepping down comes at a time when dealers across many parts of the world struggle to move the inventory on their lots. 
Several workers laid off at several plants of the group – particularly in the US – have also criticised Tavares for the situation Stellantis got into in that market. 
The situation in other markets is claimed to be not very different either. 
The process to appoint the new permanent CEO is underway with a Special Committee of the Board expected to announce one in the first half of 2025 calendar year, as per the report. A new Interim Executive Committee, chaired by John Elkann, will be established, the report further mentions. 
Global sales volume for the first half of this year fell 10 percent in the case of Stellantis. In the third quarter, it plunged 20 percent. 
With many loyal buyers of Dodge and Jeep vehicles keeping away as the prices have risen way beyond, sales in US have been down by 17 percent in the first nine months of the year. 

After its longtime partner Renault revealed plans to sell off its interests in Nissan, which recently made news as one of the partners in a three-company alliance involving Honda and Mitsubishi as the other two to capitalise each’s strengths, Nissan is trying to save itself from collapse as per a recent report in news.com.au. 
Offering just one compact SUV model in India, the Magnite, Nissan, as per the report, has between 12 to 14 months to survive as it works to fill up the gaping hole Renault’s departure will leave in its finances. 
Searching for a new investor to ensure its survival beyond 2025, Nissan –finalising the terms of its new electric vehicle partnership with Honda that has been its arch rival – is evaluating ‘all options’ including getting Honda to purchase a stake in it, claim industry sources. 
The development coincides with a major restructuring that the Japanese automaker has undertaken amid declining sales in China and USA. With the 25-year partnership – which began in 1999 with Renault saving Nissan from going belly up – nearing an end, the company is at a juncture where it would have to team up with other organisations, including automakers, to counter situations that could be an outcome of intense geopolitical shifts and the rising clout of Chinese players across continents in areas such as EVs. 
 

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United Nations Alliance of Civilisations and BMW Group has honoured India’s grassroots Initiative ‘Football and Beyond’ during the 10th UNAOC Global Forum. ‘Football and Beyond’ is the initiative of India-based organisation ‘Shreeja India’, which is one of the ten grassroots initiatives that were honoured recently under the Intercultural Innovation Hub (IIH), a joint initiative of the United Nations of Civilizations (UNAOC) and the BMW Group. The joint initiative was implemented with the support of Accenture.

The ‘Football and Beyond’ initiative was honoured at a ceremony held in Cascais, Portugal, under the theme ‘United in Peace: Restoring Trust, Reshaping the Future – Reflecting on Two Decades of Dialogue for Humanity’.
The Forum convened prominent figures, political leaders, UN officials including the United Nations Secretary-General, António Guterres, as well as representatives from civil society, academia, and the private sector, to share insights and reflect on the 20 years of the United Nations Alliance of Civilizations’ impactful work.

The ’Football and Beyond’ initiative leverages the unifying power of football to bridge divides across diverse backgrounds while promoting inclusivity and empowerment. By using football as a development tool, the initiative integrates sports with education, mental wellness, social awareness, and skills development. This holistic approach empowers girls and uplifts communities that lack access to essential services such as basic education, nutrition, healthcare, and livelihood opportunities, paving the way for sustainable growth and social cohesion.

"Shreeja India’s inclusive tactic to empower underprivileged girls and children with a sports-based endeavour is producing powerful narratives in the grassroots of rural India. With the recognition of the Intercultural Innovation Hub, we feel more driven to connect, collaborate and contribute towards breaking barriers and building cohesive societies," said Somasree Basu, Program Manager at Shreeja India.

“With the Intercultural Innovation Hub, we celebrate outstanding initiatives implemented by extraordinary individuals working to bridge intercultural divisions in innovative and impactful ways,” said Ilka Horstmeier, Member of the Board of Management of BMW AG People and Real Estate, Labour Relations Director. “At the BMW Group, we believe that diversity not only enhances our company but is crucial for social unity and global progress. That is why we are deeply thankful for our strong partnership with the UNAOC. This collaboration allows us to support remarkable initiatives like Shreeja India’s work in empowering underprivileged children, making a tangible difference in their communities and contributing to a better and more inclusive Indian society,” she added.

French energy major TotalEnergies has announced that it will not make any new investments in Adani Group companies till the latter has been cleared against its alleged allegation of corruption.

In an official statement, TotalEnergies said it learned through public announcements made by the US authorities of the indictment of certain individual Adani group executives in relation to an alleged corruption scheme linked to the business of Adani Green Energy (AGEL).

The French company said that is not targeted nor involved in the facts described by such indictment, but it will take all relevant actions to protect its interests as a minority (19.75 percent) shareholder of AGEL and as a joint-venture partner (50 percent) in project companies with AGEL.

Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies has said it will not make any new financial contribution as part of its investments in the Adani group of companies.

It further clarified that its earlier investments in Adani’s entities were undertaken in full compliance with applicable laws, and with TotalEnergies’ own internal governance processes pursuant to due diligence and representations made by the sellers. The company said it was not made aware of the existence of an investigation into the alleged corruption scheme.

In January 2021, TotalEnergies acquired a minority interest in Adani Green Energy of which it now owns 19,75 percent. As part of its strategy to enhance its development in renewables in India through direct access to a portfolio of assets, TotalEnergies also has acquired 50 percent stake in 3 JVs operating renewable assets (AGEL23 in 2020, AREL9 in 2023, AREL64 in 2024).