Current Openings at Jugnoo Autos

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Jugnoo is a hyperlocal on-demand multi-service provider based out of Chandigarh, which employs auto rickshaws as its logistic partners. It provides on-demand transportation and logistics services across 38 cities in India via their mobile application which can be downloaded on Android, iOS and Windows based phones. The service was started in Chandigarh in October, 2014 by Samar Singla along with Chinmay Agarwal, both alumni of IIT-Delhi.

Current Openings:

  1. Manager Operations – Jodhpur
  2. Assistant Manager – Surat
  3. Product Manager – Chandigarh
  4. UI/UX Designer – Chandigarh
  5. Public Relations Executive – Chandigarh
  6. Senior Marketing Manager – Chandigarh
  7. Legal Manager – Chandigarh
  8. Company Secretary Intern – Chandigarh
  9. HR Manager – Chandigarh
  10. QA Engineer – Chandigarh
  11. Technical Intern – Chandigarh
  12. Front End Developer – Chandigarh
  13. Back End Developer – Chandigarh
  14. iOS Engineer – Chandigarh

Visit jugnoo.in for more.

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Volvo Cars & Autoliv AB came together to form the joint venture Zenuity which makes ADAS software

 

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Volvo Cars, the premium car maker, and Autoliv, the worldwide leader in automotive safety systems, have signed a final agreement to establish a new joint venture called Zenuity to develop software for autonomous driving and driver assistance systems, based on the letter of intent announced during fall 2016.

 Zenuity will create a new entrant in the fast growing global market for autonomous driving software systems. It marks the first time a leading premium car maker has joined forces with a tier one supplier to develop new advanced driver assist systems (ADAS) and autonomous driving (AD) technologies.

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As part of the agreement announced today, at the time of closing Autoliv will make a total investment of around 1.1 billion SEK into the joint venture, the large majority of which is an initial cash contribution, and which also includes certain assets. Volvo Cars will also contribute certain intellectual property assets and human resources to the joint venture, but no cash. As previously announced, Autoliv and Volvo Cars will own the joint venture 50/50.

Headquartered in Gothenburg, Sweden and with additional operations in Munich, Germany, and Detroit, USA, the initial workforce of around 200 people will come from Volvo Cars and Autoliv. The company is expected to grow to over 600 employees in the medium term. Operations are expected to start during the first half of 2017 after approvals from relevant competition authorities in several countries have been obtained and other customary closing conditions have been satisfied.

 Both Volvo Cars and Autoliv will license and transfer the intellectual property for their ADAS systems to the joint venture. From this base, the company will develop new ADAS products and AD technologies. The new company is expected to have its first driver assistance products available for sale by 2019 with autonomous driving technologies following shortly thereafter.

 Autoliv will be the exclusive supplier and distribution channel for all the new company’s products sold to third parties, and there will be no exclusivity toward any customer or the owners. Volvo Cars will source such products directly from the new joint venture.

 As previously announced, Dennis Nobelius will be the Chief Executive Officer of the joint venture. The joint venture will be governed by a separate board of directors, and independently operate within its own facilities.

Via: Global Newsroom Volvo Cars

December 2016 Car Sales in India

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Car sales in India in December 2016
  • Sales of both Maruti Suzuki India and Hyundai Motors declined by 4.4% and 4.3% respectively though they retained their market positions. Maruti’s total domestic sales stood at 1,06,388 units and Hyundai’s sales stood at 40,057 units in December 2016.
  • Mahindra with sales of 16,209 units and a market share of 7.1% reclaimed its third position that it lost to Tata Motors last month. But the December 2016 sales declined by 7.4% compared to December 2015.
  • Toyota is riding on the success of new launches Innova Crysta and New Fortuner. Toyota’s sales for December 2016 stood at 12,747 units which is 22% more than last December sales.
  • Renault with sales of 11,244 units stood at 5th position behind Toyota.
  • And in the 6th position comes Tata with sales of 10,846 units. Though sales grew by 34.4% compared to the same period last year, market position slipped to 6. Sales of Tata Motors India are bound to grow in the coming months owing to the new launches Nexon SUV, Kite5 sedan and Hexa SUV.
  • Looks like WR-V’s launch isn’t helping Honda to improve its sales. Honda needs to bring the all new City as soon as possible and be more aggressive with new launches. Otherwise Honda sales are bound to decline further. Honda in December 2016 sold 10,071 units which is 18.6% lesser than the last December.
  • Ameo’s launch is helping Volkswagen to improve its sales. And Redi-GO is bringing in good numbers to Nissan India(though not as impressive as Kwid is doing to Renault). Looks like Enjoy’s price correction exercise is working well for Chevrolet that it saw a growth of 20% compared to last December.
  • Industry de-grew by 1.5%. December generally a good month for Automobile OEMs; this time couldn’t perform as per expectations. 2 main reasons to be attributed for this – Mr. Modi & Maruti. While the market is still reeling under ‘Demonitization’ effect; Maruti’s drop defined the industry degrowth as well. Hyundai’s YoY performance was similar to that of Maruti as well (-4.3%).
  • Luxury Brands Mercedes-Benz(26%), Audi(29%) and BMW(28%) are under ‘tremendous pressure’. The segment has literally taken a beating – First with the TCS (Tax Collected from Source) and now government’s policy of scrutinizing every luxury car purchase (after demonitization). The buyers in the segment are literally scared to finalize their purchase. Otherwise, December used to be a blockbuster month for luxury cars (as discounts are the highest in this segment in this month).

Sales figures sourced from AutoPunditz.