Indus Motor Company Ltd’s Post

𝐑𝐞𝐩𝐚𝐢𝐫 𝐜𝐨𝐬𝐭𝐬 𝐟𝐨𝐫 𝐞-𝐜𝐚𝐫𝐬 𝐚𝐫𝐞 𝐨𝐧𝐞-𝐭𝐡𝐢𝐫𝐝 𝐡𝐢𝐠𝐡𝐞𝐫 𝐭𝐡𝐚𝐧 𝐭𝐡𝐨𝐬𝐞 𝐟𝐨𝐫 𝐞𝐪𝐮𝐢𝐯𝐚𝐥𝐞𝐧𝐭 𝐜𝐨𝐦𝐛𝐮𝐬𝐭𝐢𝐨𝐧 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 In a recent study, the insurance industry reached a concerning conclusion on the costs associated with e-mobility. 😟 "The repair costs of electric cars are much higher. On average, they are 30 to 35 percent higher than those of comparable cars with combustion engines," said GDV Gesamtverband der Deutschen Versicherungswirtschaft e.V. Chief Executive Officer Jörg Asmussen, referring to a new study by the Association. 🚘🚗 In terms of motor vehicle liability #insurance or collisions when one vehicle damages another, electric automobiles often result in five to ten percent fewer collisions than equivalent combustion engines. "𝙊𝙣 𝙖𝙫𝙚𝙧𝙖𝙜𝙚, 𝙚𝙡𝙚𝙘𝙩𝙧𝙞𝙘 𝙘𝙖𝙧𝙨 𝙘𝙖𝙪𝙨𝙚 𝙖𝙧𝙤𝙪𝙣𝙙 20 𝙥𝙚𝙧𝙘𝙚𝙣𝙩 𝙡𝙚𝙨𝙨 𝙙𝙖𝙢𝙖𝙜𝙚", said Asmussen. Full article 🔗 https://lnkd.in/dw392pkR #insuranceindustry #insurancemarket #insuranceinsights

🚗 Could Tesla's car pricing model in the United States be applied in France? Do car manufacturers hold the most crucial pricing data in the coming years? Connected cars are opening up new possibilities today. Sia Partners has explored the sole use of a driving score for automobile insurance pricing in France. Our findings are available here 👉 https://lnkd.in/eTUf5hCB 👈 #insurance #safetyscore #actuarial #pricing #auto

I recently came across Mr. Gurmeet Chadha insightful video about a sector that has came across many obstacles like Demonetization, bs6 norms, motor pool insurance, safety, covid, etc. Ya, it's the Indian #automobileindustry that takes 3rd position in the world pushing down Japan. As per Nitin Gadkari (Union Minister for Road Transport and Highway) India has an opportunity to become the world's largest Automobile Industry in 5 years. To make it simple and useful I have given the details in the Document below. The numbers are taken from the Society of Indian Automobile Manufacturers (SIAM) Some of the key points to take as investors are: 1) Track the Auto ancillary market (slides 7-9) 2) POV on the emergence of #evehicle   If you are optimistic about the growth of EVs then Batteries would be great as you have to Replace them in 4-5yrs.  If you are pessimistic about EVs then stick with Auto ancillary related to normal vehicles. My POV is to stick with the Auto ancillary industry like Tires as both will need them. 😎 3) Focus on new features and software In the early 90s making cheap cars was the highest priority but the trend has changed. People prefer cars with high specs. So it is important to know the companies which make this software and its features. 4) Map the Value Chain 5) Policies and Initiatives ( Slide 10 ) 6) Major Challenges ( Slide 10 )   I would like to specially thank Kirtan A Shah , Vinit Aggarwal and Vishal Bhojani for sharing their financial knowledge with me.

In Canada Recall: On certain 2019-2024 Can-Am Ryker vehicles, the fuel pump could fail. If this happens, the engine could stall while driving and you may not be able to restart it, increasing the risk of a crash. Note: this recall also affects certain fuel pumps sold at BRP dealerships as a replacement part. This recall is for fuel pumps installed on certain vehicles or sold at BRP dealerships as a replacement part for 2019 to 2024 models. This recall affects the following fuel pump part numbers: 709 000 810 548 874 036 709 001 261 219 800 529 Safety Risk: A sudden loss of engine power could increase the risk of a crash. Corrective Actions: BRP will notify owners by mail and advise you to take your vehicle to a dealership to inspect and, if necessary, replace the fuel pump.

Global Automotive Collision Repair Market Forecast 2023-2032 – Market Size, Drivers, Trends, And Competitors: … The automotive collision repair market expands with increased automobile insurance … subscriptions. Western Europe leads in automotive … , Faurecia, International Automotive Components Group. Automotive Collision Repair Market … #car #cars #awesome

Buying an electric vehicle? Here are the costs to consider: … interest component of an electric vehicle loan under Section 80EEB. … consider the expensive battery of electric vehicles as a major component. … are major components of electric vehicles, and there is no … you want to resell your electric car or two-wheeler, you … #car #cars #awesome