JH: It’s not painful, [but] I don’t seek it. It feeds some of the wrong things about the way people think of business. The cult of personality as a CEO, there are some people who can pull that off. Very few. I would rather be in the background and be known as a person who’s thoughtful, whom people love to work for, and then the team is in the spotlight. It is the way I was wired, with three older brothers. Roger Enrico, who helped lead Pepsi [from 1983 to 2003], said that leadership is having a point of view. The CEO can’t shrink from that. If you do, the company suffers from confusion, lack of direction. So in my first hundred days [as Ford CEO], we have developed a point of view of the future of the company: “smart vehicles in a smart world.” … [Read more...] about Ford CEO Jim Hackett On The Future Of Car Ownership And Driving
Millennials car ownership
One of the oldest ventures in the car rental business, KTC India is 75-years-old and was set up in pre-independence Karachi. Owned by Delhi-based Gurudev Ahluwalia, whose father bought the business in 1943 and moved it to Delhi after independence, even the stalwarts of India’s political landscaped leased cars from KTC during the time the Constitution was being written, to travel from their homes to the Parliament. Since then, the company has rented cars out to global politicians and heads of state on a visit to India, down to the recent US President Donald Trump’s visit to India. … [Read more...] about Don’t have enough dosh to spend on a Prada gown, Gucci bag or a Rolls Royce? Just rent it!
Commenting on the new scheme, Diego Graffi, Chairman and MD, Piaggio India said, “We welcome the partnership with OTO Capital to facilitate this new model of ownership. Now, our discerning customers can enjoy interesting ownership options across our premium offerings of Vespa and Aprilia. We see flexible ownership to be a desirable new trend amongst the youth of India and we believe Vespa and Aprilia would lead it to extend the premium experience to the aspirants." … [Read more...] about Piaggio India starts leasing scheme on Aprilia and Vespa scooters
“Our internal programme on electric vehicles is progressing as per our plan. We have also made a strategic investment in Ather. We will select the brand names of our internal products closer to the launch. We would not like to comment on that at this stage,” Hero MotoCorp said in response to an email by Moneycontrol seeking clarity. … [Read more...] about Hero MotoCorp’s ride into two-wheeler EV market faces family-pact speed bump