You are on page 1of 23
ty) alta sus ten ine a Staab) Debden niin Conic Dei) Rega t/t ‘Automobile sales shift gears to automatics Oo000 ‘Automobile sales shift gears to automatics DOOD eee on sameness: on ote 4S Automobile sales shift gears to automatics Sunn teas {eas inesetada.tndatimes Conia ‘SubrastvonSe2cre)/ Ont 97,2073, 0822 IST iS New For You Cen ao asd Kolkata: In the first two quarters of this fiscal, nearly 30% of cars sold in the country sport automatic transmissions, setting the pace for sales of automatic cars to cross the 14-lakh units mark in 2023-24, ‘Sia mnsinndutinesconskastiyear, the industry recorded sales of 9.8 lakh ‘SSulanmactc automatic cars. With electric vehicle sales on the rise, carmakers expect a rapid rise in the adoption of auto transmission with 50% of the cars sold in 2030 to feature cone of five options avallable: auto gear shift (AGS) or automated manual transmission (AMT); continuous fies OFA variable transmission (CVT), dual-clutch transmission ‘Trending Stories ova hom tinal SEES (OCT) and intelligent variable transmission (IVT) Inchy Entra webeite FF ont ndtines conta Sehenimizanaa Top pIcKs FOR YOU 1% a 2 Beh vie, head fanaa sas ih Study reveals child care centres unlikely source for ev inal oats te ad Story Covld-19 transmission ine Lee elecion comps sana Mercedes says ‘brutal’ EV market wit ‘sti ie eaeok fe pressure car sales margins Schemas afi am Ham BEACON, aad te. ~ Speaking to TOI, Maruti Suzuki senior executive officer (marketing & sales) Shashank Srivastava said that while AGS/AMT that substantially reduced the price of automatic ty) Malta sons tins Mims ating omiChuMnta, Deh ot Tims ans Bea ‘Automobile sales shift gears to automatics Ooo00 Gone Save up to (262/400) eee eae Poe Invest in NPS on EF Maney cars helped provide the initial boost in sales, the emergence of EVs and hybrid vehicles that do not have ‘manual transmission will give a further filip. "People have cts get moe congested, people wl shit to automate he sad At Hara Suu 13% of te cles urenty SD comprise aura cars th Nexa contig to 59% ond the rest coming fom ts Aree ots, The share of auto transmission in the overall Indian car market sales ple was 14% in 2018-19. It increased to 16% in 2019-20; 17% in 2020-21; 23% in 2021-22; 25% In 2022-23 and 29% in the first six months of 2023-24, At Hyundai Motor India Ltd, 22% of the cars sold are automatic, HMIL chief operating officer Tarun Garg said the availability of automatic transmission across the entire product range helped customers choose the car that suits them best. "Hyundai offers a range of transmissions such as ~ AMT, AT, DCT, and IVT — catering to dynamic customer demand in different segments. We have Introduced AMT with paddle shifters. “he said We also published the following articles recently ‘Study reveals child care centres unlikely source for Covid-19 transmission httos:/ /timesofindia. indiatimes. com/home/science/study. reveals-child-care-centres-unlikely for-covid-19: transmission/articleshow/104680311,cms} cov) atta Automobile sales shift SEAS I8.2YREP EA Eren in child care centers do not spread D000 Covid-19 at significant rates to caretakers or other children. The findings indicate that recommendations for testing and long exclusion periods for children in child care centers may be unnecessary, as transmission rates within the centers were low. However, the study emphasizes the Importance of vaccinating children against Covid-19 to disrupt transmission in households. Mercedes says ‘brutal’ EV market will pressure car Mercedes-Benz expects to hit the lower end ofits adjusted return on sales forecast for its cars division due to heavy price cuts and supply chain issues in the electric vehicle market. The luxury carmaker sald it remains committed to its EV targets but may focus on better returns from its combustion engine portfolio if EV margins remain lower than expected. The company reported a 12.4% adjusted return on sales in its cars division in Q3. Mercedes-Benz shares fell over 6% following the news. Carmakers, Including Ford and Tesla, have been slashing prices to boost demand. The Calcutta High Court has stated that charges under the Pocso Act result in “automatic criminalisation” and called for revisions to the age of consent, The court acquitted a rman who had a relationship with a younger girl when he was a minor, The court emphasized the need to protect ‘minors from sexual abuse but also argued for the ecriminalization of consensual sex between individuals aged 16 to 18. The court criticized the Pocso Act for failing to consider the normal sexual behavior of adolescents and Instead equating it with rape and sexual assault, hot nar ‘subhro Nlyog! is @ Senior Assistant ra Niyas Ecitor at The Times of ndMeadcitare Oo NT=THUMBNAILS-BELOW:BELOW ARTICLE THUMBNAILS 1:) NT=THUMBNAILS-BELOW:BELOW ARTICLE THUMBNAILS 1:) NT=THUMBNAILS-BELOW:BELOW ARTICLE THUMBNAILS 1:) YOU MAY LIKE Advanced Data Science Program. Learn from IIT Faculty ety) xouate MEM rims buttunta Dab ‘Automobile sales shift gears to automatics fis onan cori let-coueai (fmm anitinnrance comiumnauanceas/remiomaesite} Income above 7L? Check this 1¢r Term Pian (0st maaan comemnneurcsarfpemiun-aeti ‘Amazon CFD: A Simple Way to Boost Your Earnings (oer Study In UK for < £15 Lakhs, No TELTS/TOEFL Required! ‘Taylor Swift Got Herself A New Jet For Her Tour (ot imnmtyence confeibeyiateseteane nate) ‘ARACr Term Insurance at just £586 per month* (on maaan coment neue lr/aemium-elter (osname nore fourdes)) Bhopal - Finally, a hearing aid for real conversations at a surprising cost! (tp sevneccomvrn doen founda (ops stmmmgranmariconay) Learn How To Write Faster for Work (Find Out Now) (opsramasrammancow) taeetlen, Crupe Cable moat, tne Ee ‘Automobile sales shift gears to automatics FOLLOW US ON SOCIAL MEDIA Visual Stories Yon (httos://timesofhttsirdtut ones ntandtidetinentinebnstidees Ith- _style/relationshityfwinouty/wattyle/parent storles/10- _storles/differentstorles/8- simale- ‘@iffeant = baslc- hnabits-to- wayeogs-— manners- frikimple fim eggs... every abiieto ——REEVtstoryck@81 773 ‘eiesai4Fphotortancia99948658,cms) ‘et \MiRi@MUREStory/109957116.cmshanhers they, Perera Wor piek® platunousmumea/a-ceatstinurecinsccderconm ©) Top munoINe thalliyae-Loreletoncommpenaaiaccen OO) UP NEXT ‘Automobile sales shift gears programme by ISB Executive Education is giving way to Al-Driven leadership SPOTLIGHT / Updated: Maya, 2024, ster US at SlSBiex= Chief Digital and Al Officer Programme With around 75 crore smartphone users, over 80 crore acta ee eee Internet users and 13.1 crore SG subscribers, India is one of the largest digital consumer markets in the world. Our ‘tanned natn country is also among the fastest growing economies ‘Seamaatecetonaeee alobally standing at 7.2% GDP growth in FY 20232. At the core of this transformation is diitalisation which is serving a5 2 major driver of e-commerce, financial expansion and job creation.Industry projections indicate that India's consumer éigital economy will reach a staggering US$800 soverrsinent billion market by 20303, presenting opportunities for diverse sectors to harness its transformative potential for data-driven impact. AT to take the digital transformation story ahead India's foray into large-scale digitalsation is expected to advance even further as AI transforms the country’s digital transformation roadmap. By leveraging advanced algorithms, machine learning, and big data processing, AI- powered solutions are analysing vast datasets to extract valuable Insights and drive Informed decislon-making. Statistics prove Al's potential for real-time impact. As per 2 report, the Al market in India is expected to reach USD ‘Trending Stories Inchy Entra webeite 7.8 billion by 2025*, Al application across industries is now also being aligned with public policy objectives. As amas 1 atch a standardised practices alleviate regulatory uncertainties cecsnthadanauienan and enhance trust in AI systems, businesses are une Ler lation cangsicaina prioritising AT integration, ‘eahayn Tine 2024 gold ‘Amidst this wide scale adoption, generative AI has also Sobsemans lets hes emerged as a remarkable subset of AI. Businesses and vacate enterprises have been experimenting with Generative AT aml sam peaien mead te. = solutions and integrating it into everyday lives. With its capacity to create new content, designs, and solutions, Generative Al is naw allowing businesses to express new a levels of expression and innovation across Industries. A recent report finds that the generative Al market is poised to grow to $1.3 trillion over the next 10 years from @ market size of just $40 billion in 2022.5 The same report oy) Malta Must ln nein ocho unta Dab ot cane ie Case Bea ‘Automobile sales shift gears to automatics Ooo00 Gone Save up to (262/400) eee eae Poe Invest in NPS on EF Maney also states that the rising demand for generative AL sovemaenext products necessitates $280 billion revenue for new software products.® ‘The surging demand for CDO and AI leaders As digital transformation takes centre stage end companies incorporate AI technologies into their strategies, the role of a Chief Digital and AT Officer has become extremely crucial. These are especially significant at a time when the lack of robust digital Innavation strategies had led to substandard performance in businesses across sectors. As per another report, almost ns fall shart of thelr objectives and end up failing, underscoring the need for Chief Digital and Al Officers to take charge.” 70% of digital transformat Recognising this need for digital leaders who can drive AL adoption and helm digital leadership both at organisational and individual levels, ISB Executive Education has Gesigned the Chief Digital and Al Officer Programme programme? am ammpalon article spotlohts As one of the first programmes catering to the digital transformation requirements in the Indian market, this all encompassing certificate programme is designed exclusively for leaders who have the vision to drive new- age technology adoption and address the various challenges in doing so. Through a comprehensive pent: Automobile sales shift §SRFF ARANETA strategies, dicta leadership DO00 principles, and emerging technologies, equipping them to drive organisational success in the digital age. A look at the programme highlights ‘The 20-week online programme (ttns://online= -ampaiga. Is delivered through a blend of live and online sessions, masterclasses, and office hours. It offers an unparalleled learning experience where participants get access to over 160 pre-recorded video lectures delivered by the ISB faculty, allowing for self-paced learning tallored to Individual schedules. Participants get @ one-day campus Immersion at ISB, along with 8 masterclasses led by industry experts through which they get insights into cutting-edge practices and strategies. Live sessions by 1SB. faculty provide Interactive learning opportunities, spotiiohts complemented by real-life case studies and a capstone project to apply newfound knowledge in practical The programme also fosters networking and pet learning through @ dedicated week with success coaches, addressing doubts and fostering collaboration. Participants benefit from cohort-based learning, access to high-quality videos, and on-demand learning flexibility. Upon successful completion, participants receive a verified digital certificate from ISB Executive Education, validating their expertise in digital leadership and AI edoption, Why ISB Executive Education? With its #1 Research Ranking in India, as per the FT Business School Ranking 2024, and as the #1 B-School in India according to the FT Global MBA Ranking 2024, ISB Is. known for Its educational distinction. Beyond its Impressive rankings, ISB has a SOk+ Executive Network, providing unparalleled opportunities for networking and collaboration, 1SB Executive Education's pedigree also rests on its faculty of accomplished scholars and industry experts who bring extensive experience and cutting-edge Insights to the classraom, ensuring a transformative learning experience for every participant. Who is the Chief Digital and AI Officer Programme by ISB Executive Education designed for? Its estimated that there are 240+ vacancies for Chiet Digital and AI Officer roles currently in the market, with the average salary ranging from 32 lacs to more than 1 crore.® A report also states that digital leaders in such roles also achieve earnings growth that is 1.8 times higher than digital laggards and more than double the growth in total enterprise value.® For those with a vision towards digital leadership and A, this could be a career-defining cov) atta GYROEEMA nsstada als comicehi Ba ‘Automobile sales shift gears to automatics Oo000 Senior Professionals at CXO Levels such as Chief Digital Officer, Chief Information Officer, Chief ‘Transformation Officer, Chief Information Security Officer Head Digital Transformation, Vice President Diital ‘Transformation, Head of Strategy, and Vertical Head — Digital Strategy/ Product Strategy/ Digital/IT/Technology Mid to Senior Professionals at pre-CXO Levels such as Digital Transformation Manager, Senior Product Manager, Digital Transformation Leader, Deputy General Manager, General Manager, Associate Vice President, Consultant, Senior Consultant Relevant key industries for the Chief Digital and Al Officer Programme include IT, e-commerce, banking and finance, FMCG, media, retail, and healthcare, where igitalization plays a crucial role in driving innovation and competitive advantage. The Chief Digital and AL Officer Programme by ISB Executive Education holds immense significance against the backdrop of the burgeoning global artificial intelligence market, projected to grow at a remarkable compound annual growth rate (CAGR) of 37.3% from 2023 to 2030.!° It has attracted participants from diverse professional backgrounds, representing top industries

You might also like