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Mahindra & Mahindra Ltd., pioneers of the SUV segment in India, recorded over 10,000 bookings for their recently launched e-SUV, Mahindra XUV400, since bookings commenced in 34 cities at 11:00am on January 26, 2023. This translates to an approx. seven-month delivery period. Launched earlier this month, the all-electric SUV starts from INR 15.99 lakh. The […]
Two-Wheeler maker Hero MotoCorp is betting on the sporty 110 cc scooter segment as it looks to accelerate sales, company Chief Growth Officer Ranjivit Singh said on Monday. The company, which launched its new scooter Xoom with introductory prices ranging between Rs 68,599 and Rs 76,699, is looking to cash in on rising demand for […]
More than nine lakh vehicles, owned by central and state governments, transport corporations and public sector undertakings, that are older than 15 years will go off the road from April 1 and new vehicles will replace them, Union minister Nitin Gadkari said on Monday. Addressing an event organised by industry body FICCI, Gadkari said the […]
Japanese auto major Suzuki Motor Corporation on Monday said its subsidiary Maruti Suzuki India has crossed 2.5 crore domestic sales milestone earlier this month. Maruti Suzuki India achieved the sales mark on January 9, 2023. Suzuki signed a joint venture agreement with Maruti Udyog, the predecessor of Maruti Suzuki in 1982 and rolled out its […]
Tata Motors on Friday said it will increase prices of its internal combustion engine-powered passenger vehicle range by 1.2 per cent on a weighted average basis from February 1. The company has been absorbing a significant portion of the increased costs on account of regulatory changes and a rise in overall input costs, and is […]
ABP Majha, Maharashtra’s leading news channel, hosted its annual event ‘Shourya Puraskar’ at BKC Trident in Mumbai on 24th January 2023. This event is an initiative by the channel to recognize and celebrate the courage and heroism of common people across the Maharashtra region. Dedicated to celebrating the bravery of the common people, the event was aired on […]
Toyota Kirloskar Motor on Friday said it has commenced bookings for the updated version of its multipurpose vehicle Innova Crysta. The model now comes with a 2.4-litre diesel powertrain mated with a five speed manual transmission across four trims. It can be booked for Rs 50,000 at company dealerships or online, Toyota Kirloskar Motor (TKM) […]
Toyota Kirloskar Motor on Monday said its two senior officials Tadashi Asazuma and Swapnesh R Maru have been elevated and inducted as new Directors in its board. Their induction to the board is with effect from January 19, 2023, Toyota Kirloskar Motor (TKM) said in a statement. Asazuma is currently Executive Vice President and heads […]
Maruti Suzuki India on Tuesday reported over two-fold increase in its net profit to Rs 2,351.3 crore for the third quarter ended December 31, 2022, aided by robust sales. The auto major had reported a net profit of Rs 1,011.3 crore in the October-December quarter of the previous fiscal, Maruti Suzuki India (MSI) said in […]
Maruti Suzuki on Monday said it is recalling 11,177 units of its mid-sized sports utility vehicle Grand Vitara to fix a possible defect in the rear seat belt mounting brackets. The affected lot was manufactured between August 8, 2022 and November 15, 2022, the country’s largest carmaker said in a regulatory filing. “It is suspected […]