November 2017 car sales in India: Model wise sales figures

Top 25 selling models

Barring S-Cross and Gypsy the entire portfolio of Maruti Suzuki is in the top 25 selling cars list. 12 cars out of 25 cars in the top list are from the Maruti stable. First 6 positions are occupied by Maruti Suzuki and then the next three are occupied Hyundai. Tata motors top seller Tiago is at the 11th position. Of all the top sellers, Renault Kwid and Maruti Ciaz sales declined by 27% and 26% respectively. Maruti Ertiga standing at 19th position saw a decline of 14%. The newly launched Tata Nexon stood at 20th in the list while its competition Ecosport and Vitara Brezza stood at 16th and 4th positions respectively in the list.

Maruti Suzuki

Holding on to the top position despite the growing competition in each segment from all other players is not an easy task, but time and again Maruti Suzuki proved it possible. Maruti Suzuki’s market share is constantly ambling around 50%. Sales of Maruti Suzuki grew by 14% from 1,26,220 units in the last November to 1,44,297 units in this November.

Maruti Suzuki Alto sales grew by 4% from 23,320 units to 24,166 units. Dzire sales stood at 22,492 units which is 31% higher than the 17,218 units sold in the 2016 November. Dzire sales reached a new height after the recent facelift. All these years either Swift, Dzire or Wagon R used to occupy second, third, and fourth positions after Alto but Baleno and Vitara Brezza came up to the third and fourth positions displacing the old models while Dzire retained its position. Baleno and Vitara Brezza sales grew by 60% and 49% respectively. Sales of Wagon R declined by 10% from 15,566 units to 14,038 units, and Swift sales also declined by 9% from 14,594 units to 13,337 units.

Celerio’s sales stood at 8,437 units which is 12% lesser than the previous November. Celerio sales might further decline due to competition from  Tata Tiago and that is the reason why Maruti recently launched Celerio X. Omni and Eeco are consistently bringing in good numbers to the company, this can be due the lack of direct competition from other companies in the segment. Ertiga sales this November stood at 4,682 units. Ciaz sales though declined by 26%, it still managed to become segment topper despite the launch of all new Hyundai Verna. Ignis sales stood at 3,412 units. Owing to the introduction of facelift, S-Cross sales grew by 70% but we have to wait and see if the growth sustains or not. And Gypsy sales in this November stood at 569 units.

Hyundai

Hyundai after entering India quickly climbed to the second position and retained its position since then. Hyundai India’s total sales grew by 10% from 40,016 units in November 2016 to 44,008 units in November 2017. Top three contributors to the sales numbers of Hyundai are i10 Grand, i20 Elite and Creta. Sales of each of these models grew by 20%, 15%, & 25% respectively. Eon sales stood 5,137 units which is 9% lesser than the 5,658 units that were sold in the last November. Verna sales grew by 303% yet despite the growth it still stood second in its segment behind the Maruti Ciaz. Xcent sales declined by 22% from 3,623 units to 2,841 units. Elentra managed to find 144 new homes in November 2017 while Tucson sales stood at 122 units.

Tata Nov 17

Third position in the sales chart is always a tussle between different companies but most of the time it is Mahindra and Mahindra which manages to grab the position. This time Tata Motors climbed to the third position owing to the consistent sales growth of Tiago and the introduction of Nexon. Total sales of Tata Motors in November 2017 grew by 35% from 12,736 units to 17,157 units.

Tiago is the top contributor to the sales of Tata Motors, its sales stood at 7,416 units which is 23% higher than the November 2016 sales. The next best contributor is the newly launched Nexon, its sales stood at 4,163 units. Though this is far from the segment topper Vitara Brezza sales( 14,458 units) it is good for Tata Motors. We have to wait and see if it continues to grow further or it will stabilize at this level. Except Tiago, Togor and Nexon sales of all other models including Hexa declined, it is high time that Tata should consolidate their product portfolio. Hexa is aimed squarely against Toyota Innova Crsyta and it is a competent product but breaking into Innova Crsyta territory is a tough task. Hexa sales will grow slowly and steadily just like it happened with Tiago, its sales this month stood at 764 units.

Sales of Sumo declined by 35%, it badly needs a replacement and Tata is preparing one. Tata needs to phase out the production of Indica, Indigo, Vista, and Manza so that it can concentrate its efforts on new products. Safari/Storme managed to find 217 takers in November 2017, and Nano managed to find 121 takers.

Mahindra Nov 17

The aging Bolero is consistently bringing in good numbers to Mahindra. This November its sales declined by 1% from 4,939 units to 4,911 units. The recently facelifted Scorpio’s sales grew by 18% from 3,099 units to 3,660 units in this November.  KUV 100 and TUV 300 sales grew by 85% and 57% respectively. XUV 500 sales grew by 15% from 1,069 units to 1,229 units. Sales of all other products Xylo, Verito, NuvoSport, Rexton and Verito Vibe declined. Total sales stood at 14,572 units which is 18% higher than the last November.

Toyota Nov 17

Toyota sales in India in November 2017 grew by 13% from 11,309 units to 12,734 units. Top three contributors are Innova Crysta, Fortuner, and Etios. Innova Crsyta sales stood at 4,934 units in November 2017. Fortuner sales grew by 18% from 1,924 units to 2,271 units in this November. Etios sales declined by 34% while sales of  Liva & Liva Cross grew by 23% from 1,063 units to 1,312 units. Toyota Corolla sales in November 2017 stood at 340 units which is good for its segment. Camry managed to find 13 new homes in November 2017.

Honda Nov 17

Sales of Honda Cars India Ltd in November 2017 grew by 47% from 8,029 units to 11,819 units. WRV sales stood at 3,521 units, it also became the top contributor of Honda in this November. Honda City sales stood at 3,315 units which is 2,658 units. Competition in Honda City’s segment heated up with launch of all new Verna. Jazz sales declined by 23%. Amaze sales stood at 1,976 units which is same as the previous November. BRV sales grew by 89% from 419 units to 793 units. Brio sales declined by 24%. CRV found 21 takers in this November.

Renault Nov 2017

Renault India domestic sales declined by 19% from 9,604 units in last November to 7,800 units in this November. Sales of Kwid is steadily declining due to indirect competition from Tata Tiago which is a much better product. The newly launched Captur found 1,119 takers in this November. Sales of Duster declined by 33%. Lodgy managed to find 157 takers while Pulse and Scala found no takers at all in this November. Overall it is a bad month for Renault India despite the new launch.

Ford Nov 2017

Ford India sales in November 2017 grew by 13% compared to the last November, its sales this month stood at 7,777 units. Ford’s top contributor is Ecosport, its sales this month stood at 5,474 units which is 34% higher than November 2016. Aspire sales declined by 36% while Figo sales grew by 65%. Endeavour sales declined marginally from 562 units to 549 units. Ford Mustang found 4 takers in this November.

Nissan Nov 2017

Nissan India domestic sales remained flat when compared to the last November. Its sales this month stood at 3,976 units. Its top contributor is Datsun Redi-Go whose sales grew by 8%. Nissan Micra sales declined by 4% from 589 units to 566 units. Sales of Go+ stood at 529 units which is 59% higher than the same period last year. Datsun Go sales declined by 43%. Nissan Sunny sales grew by 32% to 208 units from 158 units. Nissan Terrano sales declined by 48%. GT-R found one taker in this November.

Volkswagen

After Renault it is Volkswagen whose total sales declined, its sales declined by 15% from 4,014 units to 3,426 units. Volkswagen India sales will not pick up until develops and launches India market specific products. Sales of Polo declined by 12% from 1,730 units to 1,525 units. Sales of Ameo declined by 18% from 1,641 to 1,348 units in November 2017. Vento sales declined by 27% from 632 units to 460 units. Tiguan sales stood at 6o units while Passat found 33 new homes in this November.

Fiat Nov 2017

Thanks to the launch of Jeep Compass, Fiat India is having good time after many years of slumber. Jeep Compass sales this November stood 2,828 which good for its segment and price. Other than Jeep Compass all other models’ sales declined. Combined sales of Punto,Evo, and Avventura stood at 60 units which is 74% lesser than the last November. Sales of Linea declined by 54% from 26 units to 12 units in this November. Fiat Abarth Punto found no takrs this November. Overall sales of Fiat India which includes Jeep India sales stood at 2,900 units which is a whopping 990% growth when compared to November 2016 sales.

Skoda Nov 2017

Sales of Skoda India grew by 75% from 860 units to 1,505 units in November 2017. Sales of Rapid stood at 874 units. Newly launched Kodiaq found 267 takers in November 2017 which is not bad for its segment and price bracket. Octavia sales grew by 81% from 145 units to 263 units. Superb sales also grew by 206% from 33 units in last November to 101 units in this November. Though the Skoda India sales for the month grew by 75% the numbers are too small to run the company profitably.

Via: AutoPunditz

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Tata might bring Tiago Sport with Nexon’s turbo petrol engine

Tata to bring Tiago Sport with 110BHP within the next 2 months, with a 1.2L, 3-cylinder turbocharged engine borrowed from the Nexon under the hood.

In a couple of months Tata might introduce sports variant of its successful hatchback Tiago. It is expected that the Tiago Sport will come with Nexon’s 1.2 litre turbocharged petrol engine. The engine in its current tune in Nexon comes mated to 6 speed transmission and produces 108 bhp of power and 170 Nm of torque. The present petrol engine in Tiago produce 84 bhp of power and 114 Nm of torque and comes paired with with 5 speed transmission. Rest of the details such as if the suspension and brakes are tweaked to handle the extra power and torque are not known. Expect it to be priced at a premium of 1 lakh rupees compared to the regular Tiago. Tata might showcase it at the upcoming Auto Expo.

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Source: Team-BHP

Rinspeed unveils Snap concept car at CES in Las Vegas, US

Rinspeed is a Swiss automobile manufacturer and tuning designer. It specialises in restoring classic cars, and tuning and modifying modern cars such as Porsches and Subarus. Since 1991, they have also designed exotic concept and special vehicles for the Geneva Motor Show and other car shows each year, but do not enter into production.

Self-driving cars, stuffed full of short-lived IT components, will help solve the transport problems in urban areas in the foreseeable future – and not just there. To this end, Swiss powerhouse of ideas Rinspeed has designed an elaborate and unparalleled mobility ecosystem in its latest concept car, the “Snap.” Rinspeed boss Frank M. Rinderknecht makes the hardware and software, which is bound to be outdated quickly, part of the high-wear chassis (“skateboard“) – and separates it from the durable passenger safety cell (“pod”). From now on, they both will go their separate ways – whereby the pod can even be useful when stationary: it can be anything from a variable shopping pod or a spacious camping pod to a cozy cuddling pod and even provide a breathtaking, fully connected user experience for the occupants of the passenger cabin. The sky is here the limit for the possible applications.

The Swiss mobility visionary uses an ingenious trick to disentangle the different lifecycles of various automotive components: The skateboard carries the durable mechanical and the fast-aging IT components. They are recycled after a few years of intensive use once they have reached the end of their design life, while the much less stressed pod is able to remain in service for much longer, before it also must be sent to recycling. This benefits the environment, because it plays a significant role in conserving natural resources.

Almost as an aside, the innovative Swiss solve a problem that many know from the navigation systems in their own vehicles: they no longer find the way, because software and map data are outdated. What is merely annoying here can quickly become a safety issue in self-driving cars in the near future.

No question, when it comes to the Snap, the name really says it all, because everything fits together perfectly and can be snapped together. In keeping with a tried and proven tradition, the twenty-fourth concept car from Rinspeed was again designed at Swiss company 4erC and technically executed at Esoro. An extensive study of the Snap ecosystem conducted by EY shows its (virtually) unlimited possibilities. The electric vehicle – as always when Rinderknecht is at work – is chock-full of technical and visual finesse, contributed by a reputable network of global companies. The two steering axles along with the integrated electric powertrain come from ZF. They allow the Snap to turn practically on a dime and produce no emissions in urban traffic. The Snap runs on weight-optimized and stylish 7×18 Borbet alloy wheels shod with tires of size 225/35-18, which are optimized to minimize fuel consumption. By the way, all adhesive bonds in and on the Snap are realized with innovative adhesives from Sika Automotive.

Optionally, there is even a ‘personal assistant’ in the form of an autonomous, intelligent robot to accompany the occupants. It will also be happy to help with running errands, carrying purchases, or handle other tedious tasks.

The city runabout is brimming with sensors. For example, US company Gentex is contributing the Iris scanner for occupant detection and dimmable front and rear glass elements, which can also be found on the Boeing Dreamliner. The sophisticated Lidar sensors from Ibeo in Hamburg ensure that obstacles on the road are detected by means of real-time measurement of the light reflections. The Harman Autonomous Drive Platform that is part of the skateboard makes safely moving through city traffic possible. It uses the NXP BlueBox, a sensor fusion solution. In turn, the Smart Antenna, jointly developed by NXP and Harman, ensures safe communication to the world outside as well as a high-speed connection to the Harman Ignite Cloud Platform. With 5G, Car2X, radio tuner, BT, and WiFi, it covers the entire spectrum of wireless networking possibilities. Sprint, a leading US telecommunications company, is committed to ensuring stable networks. Moreover, with highly-sensitive pod recognition and its customized Smart Access solution, the chip giant NXP offers a broad range of technologies that show promise for the future. Europe’s leading business software company SAP contributes by enabling the digitized ecosystem through innovative technologies and software solutions in the areas of smart cities, connected health, connected mobility, and transportation. And TomTom provides HD maps for autonomous driving and navigation technologies that enable predictive driving for passengers’ comfort. Finally, the Israeli start-up Valens’s HDBaseT Automotive connectivity technology connection is responsible for the fast and secure transmission of even ultra-high-definition, high-resolution multimedia signals between the numerous vehicle components.

An innovative marketplace net from MHP allows custom use of the wide variety of pods and skateboards with a wide range of service providers. Also not commonplace for a concept vehicle: The transmission of data and information was independently and impartially tested and certified by Dekra, the globally operating testing and certification experts. And who supplies the electricity for all these consumers? It flows into the vehicle via the quick-charging cable with high-voltage technology from Harting based in the East Westphalian town of Espelkamp.

Harman developed the ‘True Level 5’ HMI, an operating concept perfectly tailored to the needs of changing passengers in a fully autonomous vehicle. The goal of the development: maximum possible individualization paired with optimal protection of personal data. To this end, there is three-level user authentication, depending on the desired personalization. A token unlocks the vehicle and customizes the displays. Personal cloud content is available after identification by face recognition. As a result, the voice-controlled intelligent personal assistant knows the preferences and habits of each passenger and suggests, for example, a suitable restaurant for every passenger, depending on personal preferences. In addition, a third level of biometric identification is required if health data of the passenger are to be recorded and analyzed.

Each passenger has three displays at his disposal for interaction. Personal settings are selected with the ‘Personal Control Panel’ featuring an interactive control dial. Personal contents and messages are shown on the touch-controlled ‘Hover Tabs,’ which are brought into position by swiveling arms. Two large centrally placed screens provide route information and movie enjoyment. The Lexicon surround sound system with Ambisonics Escape signal processing delivers a unique audio experience with all applications.

The Snap uses six projectors to communicate visually with the outside world. Two of them use the windshield and the rear glass to send full-color messages to other road users such as ‘Right of way granted’ or ‘Caution, children.’ Four laser projections on the side windows are used for communication with boarding passengers. The necessary functional interlayers for all-round glazing come from the Japanese manufacturer Sekisui.

There is also a host of technical innovations in the appealing exterior of the Snap, which is more reminiscent of architecture than of automotive design. For example, from German lighting specialist Osram Opto Semiconductors, which installs digital license plates as well as the entire lighting system – including interior LEDs that emit ultraviolet light to render bacteria harmless and thereby improve hygiene. The front and rear panels as well as lighting elements in the rocker panels are multifunctional and can display multimedia contents. They come from US company Techniplas, a leader in the design and manufacturing of engineered products for mobility. The safe swapping of the pods is ensured by lightweight-design supports from Swiss Company Georg Fischer.

The wellness features of the interior play a vital role in self-driving cars. In this area, Rinspeed has for years rightfully relied on the innovative Swabian textile developers at Strähle+Hess, who work with

Dutch company Stahl, the world market leader for leather and man-made surfaces in automotive interiors. Functionality goes hand in hand with the discriminating design standard. The occupants relax on naturally soft leather from automotive leather specialist Bader. The storage systems from Dr. Schneider Unternehmensgruppe, some of which are even portable, offer optimal storage space complete with cup holders and wireless charging system. The portable storage compartment is a truly clever solution. Also able to convince is surface specialist Benecke-Hornschuch Surface Group with its groundbreaking and partially translucent materials used on seating areas, storage facilities, floor, and as side panels. With traditional Korean Sanggam printing for seats and trim, the South Korean upholstery fabric manufacturer Kolon sets accents in the interior. Now then, time to lean back and drink some fresh tea. That is another thing the Snap designers also thought of! Mint and strawberries for homemade and healthy infusion drinks grow in urban farming containers from Kostal.

Snap – rarely has a concept car more precisely described the problems an entire industry has with the different lifecycles of various car components – and offered up an interesting solution at the same time. Maybe something goes ‘click’ with many who will marvel at the new creation of Swiss mobility mastermind Frank M. Rinderknecht at the CES in Las Vegas and in spring of 2018 – in the backyard of the Swiss national so to speak – at the Geneva Auto Show. As always professionally staged by Saarland ad agency Vollmond.

Press Release

Tata Motors rolls out first batch of Tigor EV from Sanand Plant

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In the image, Mr. Ratan N Tata, Chairman Emeritus, Tata Group and Mr. N Chandrasekaran, Chairman, Tata Sons and Tata Motors flagging off the first batch of TIGOR EVs from the Sanand plant.

Tata Motors today rolled out the first batch of the Tigor Electric Vehicle (EV) at the hands of N Chandrasekaran, Chairman, Tata Sons and Tata Motors, from its Sanand facility in Gujarat. Present on this momentous occasion were Ratan N Tata, Chairman Emeritus, Tata Group, Guenter Butschek, CEO & MD, Tata Motors and members of the Tata Motors Executive Committee. The Tigor EVs are being manufactured for the Indian Government’s prestigious order of electric vehicles from the Energy Efficiency Services Ltd (EESL), an entity under the Ministry of Power.

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Flagging off the batch of electric vehicles, Mr. N Chandrasekaran, Chairman, Tata group said, “This occasion is a significant milestone for Tata Motors and a proud moment for the entire team. As we work together to build the future of e-mobility in India, I am confident that our customers will respond very favourably to this electric model. I congratulate the entire Tata Motors team for this commendable achievement and wish them the very best as they go forward on this journey.”

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Mr. Guenter Butschek, CEO & MD, Tata Motors accompanied by senior leadership team, drives off the first TIGOR EV post the ceremonial flag off at the Sanand plant today

According to Mr. Guenter Butschek, CEO & MD, Tata Motors, “It is indeed a momentous occasion for us as we have shown an exemplary teamwork spirit to overcome all challenges in delivering this project. I also recognize the invaluable contribution made by Electra EV as part of this team. With Tigor EV, we have begun our journey in boosting e-mobility and offering a full range of electric vehicles to the Indian customers. This tender has effectively paved way for connecting our aspirations in the e-mobility space with the vision of the Government.”

Tata Motors had qualified as L1 bidder in the midst of stiff competition and won the tender of 10,000 electric cars floated by EESL in September 2017. For phase 1, Tata Motors is required to deliver 250 Tigor EVs, for which it has received a LoA. For an additional 100 cars, the LoA is expected to be issued shortly by EESL. The electric drive systems for this prestigious order have been developed and supplied by Electra EV – a company established to develop and supply electric drive systems for the automotive sector.

Tata Motors is committed to the Government’s vision for electric vehicles by 2030 and will work in a collaborative manner to facilitate faster adoption of electric vehicles and to build a sustainable future for India.

Via Tata Motors Press Release

November 2017 car sales in India

November 2017 sales snapshot

November 2017 turned out to be positive for the automakers in India. The industry as a whole grew by 13.70% when compared to the last November. This growth can also be attributed to the lower base set by the last November which was affected by demonetization.

As usual first two positions were held by Maruti and Hyundai respectively. Fight for third position became more interesting with Mahindra, Honda, & Tata, giving tough competition to each other. Tata is riding upon the the success of Tiago and new product launches like Nexon. Mahindra is getting sustainable numbers from its old workhorses Bolero and Scorpio, and also from the XUV 500. Honda is depending on City and WRV for the sales momentum. With each company planning for new launches which include completely new products or facelift of the existing products the fight for third position is going to further heat up.

All companies except Renault and Volkswagen grew positively. Renault’s sales declined by 18.80% and Volkswagen’s sales declined by 14.60%. With the launch of compact SUVs from all the companies, Renault Duster lost its leadership position in its segment. Renault sales plummeted despite the launch of Renault Captur, have to wait for the detailed sales statistics to know the numbers brought in by the Captur to Renault’s table. Tata’s Tiago due to its unique positioning is competing with Celerio on one side and Renault Kwid on the other side, thus eating into sales of both Celerio and Kwid. Though not good by any margin, Volkswagen is getting consistent numbers from its trio Polo, Vento, and Ameo. Its new launches aren’t helping much. Volkswagen must develop products with India in mind instead of launching its international products here.

Fiat is riding on the success of Jeep Compass. Jeep Compass sales settled at around 2500 units per month which is good for its segment and price bracket. Skoda India’s main bread winners are Rapid and Octavia. Nissan sales numbers also constitute Datsun’s numbers. Major chunk of Nissan India sales comes from Datsun.

Fiat is the top gainer of the month, it grew by 990.00% from 266 units in November 2016 to 2900 units in this November. This phenomenal increase is due to Jeep Compass. Next top gainers are Skoda and Honda with growth of 75.00% and 47.20% respectively. Standing 4th in the top gainer list is Tata, it grew by 34.70% from 12,736 units in last November to 17,157 units in this November. This growth can be attributed to the consistent sales of Tata Tiago and added numbers from the newly launched Tata Nexon. Next in the top gainers list comes Mahindra, it grew by 17.00% to 14,572 units in this November compared to 12,389 units in the November 2016. None can beat Maruti Suzuki and Hyundai when comes to stable growth in sales. Maruti Suzuki grew by 14.00% and Hyundai grew by 10.00%.

Stay tuned for model wise sales figures.

Source: AutoPunditz.

Nissan and DeNA unveil Easy Ride mobility service in Japan

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YOKOHAMA, Japan and TOKYO – Nissan Motor Co., Ltd. and DeNA Co., Ltd. today unveiled the Easy Ride brand for the new robo-vehicle mobility service that the two companies are developing jointly. The companies also announced plans for a field test with public participation.

The public field test will take place in the Minatomirai district of Yokohama, Kanagawa Prefecture, Japan from March 5, 2018, to March 18, 2018.

Nissan and DeNA started collaborating to develop a new mobility service that uses autonomous driving technology in January 2017. The two companies aim to combine the Nissan Intelligent Mobility vision, through technological assets in autonomous driving, vehicle electrification and connected cars, with DeNA’s experience in developing and operating driverless mobility services using its expertise in the internet and artificial intelligence.

With “more freedom of mobility” as its concept, Easy Ride is envisioned as a service for anyone who wants to travel freely to their destination of choice in a robo-vehicle. The goal is to allow customers to use a dedicated mobile app to complete the whole process from setting destinations and summoning vehicles to paying the fare.

Customers can also select recommended local destinations and sightseeing routes depending on their objectives. Nissan and DeNA plan to support multiple languages and to use a remote monitoring system to ensure customer safety.

Nissan and DeNA started a technical field test using an autonomous vehicle this year. The companies will recruit participants for the March field test from today until Jan. 15 through the Easy Ride website, https://easy-ride.com.

Nissan and DeNA aim to provide the service as a new infrastructure option that supplements existing transportation. With customers able to discover new local destinations through Easy Ride, the companies expect the service will also help energize cities and neighborhoods.

About DeNA
DeNA (pronounced “D-N-A”) develops and operates a broad range of mobile and online services including games, e-commerce, entertainment, healthcare, automotive and other diversified offerings. Founded in 1999, DeNA is headquartered in Tokyo with over 2,000 employees. DeNA Co., Ltd. is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com

Via Nissan News

DENSO and NEC Establish a Joint Venture to Develop Essential Connectivity Technologies for Cars of the Present and Future

KARIYA (Japan) ― DENSO Corporation and NEC Platforms, Ltd., a subsidiary of NEC Corporation, today unveiled a new joint venture, DENSO NEXT CO., LTD. The company will develop in-vehicle information and communications equipment critical for fostering a truly connected environment inside vehicles, such as instrument clusters, head-up displays, and on-board communication equipment. The company will start operations on December 1, 2017.

The recent cockpit innovation and advancement of connected technologies have made communication between products in the cabin more complicated, rapidly increasing the need to develop in-vehicle products more efficiently. DENSO NEXT will harness DENSO’s advanced automotive engineering and manufacturing capabilities, and NEC Group’s advanced technologies and track record in the information and communications technology (ICT) business to quickly design and bring to market advanced in-vehicle equipment.

DENSO NEXT will be located on the premises of NEC’s Tamagawa Plant in Kawasaki, Kanagawa, Japan. The innovations developed by DENSO and NEC Platforms engineers will enable DENSO to more efficiently produce existing information and communications equipment, and to create new products in line with vehicle cockpit advancements.

DENSO NEXT combines DENSO’s deep experience with automotive components and NEC and NEC Platforms’ expertise in IT and network technologies and experience in developing automotive components. NEC and NEC Platforms have expertise in ICT and conventional in-vehicle equipment through their development of wireless communication and software products. Their expertise will be applied to achieve further advancement of in-vehicle equipment that requires high reliability and long-term assurance.

In December 2016, DENSO and NEC started to collaborate in advanced driver assistance, automated driving, and manufacturing using AI and IoT. The two companies will take full advantage of technologies, products, and organizations created through the collaboration to help create a safe and secure automotive society for all people around the world.

The profile of the joint venture is as follows:

Name DENSO NEXT CO., LTD.
Location 1753 Shimonumabe, Nakahara-ku, Kawasaki, Kanagawa, Japan(on the premises of NEC’s Tamagawa Plant)
President Takahira Katoh
Establishment November 24, 2017
Capital 15 million yen (approximately US$133,000)
Ownership 51% owned by DENSO, 49% by NEC Platforms
Employees 50 employee (Projected as of September 2018)
Business description Development of in-vehicle information and communications equipment

* Exchange rate used is 113 yen to the US one dollar, at the end of October for convenience only.

About DENSO Corporation

DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world’s major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions (including Japan) and employs more than 150,000 people. Consolidated global sales for the fiscal year ending March 31, 2017, totaled US$40.4 billion. Last fiscal year, DENSO spent 9.0 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to http://www.denso.com, or visit our media website at www.denso.com/global/en/news/media-center/

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company’s experience and global resources, NEC’s advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.  For more information, visit NEC at http://www.nec.com

The NEC Group globally provides “Solutions for Society” that promote the safety, security, efficiency and equality of society. Under the company’s corporate message of “Orchestrating a brighter world,” NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow.

Via Denso Press Release