Passenger vehicle wholesales in India rose by 8.4 per cent year-on-year to 42,18,746 units in financial year 2023-24, industry body SIAM said on Friday. The overall passenger vehicle dispatches stood at 38,90,114 units in fiscal year 2022-23. Two-wheeler sales were up 13.3 per cent last fiscal at 1,79,74,365 units, as compared to 1,58,62,771 units in […]
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Elon Musk Confirms India Visit, Says Looking Forward To Meet PM Modi
American electric car maker Tesla CEO Elon Musk on Wednesday confirmed his visit to India and his planned meeting with Prime Minister Narendra Modi. In a post on X, he wrote, “Looking forward to meeting with Prime Minister @NarendraModi in India.” Earlier in the day, sources said Musk is expected in India the week of […]
Bajaj Auto Ltd Raises The Bar With The Unveiling Of The All-New Pulsar N250, A Game-Changer In Its Class
Bajaj Auto, the world’s most valuable two-wheeler and three-wheeler company, launched the all-new flagship of the N Series – the Pulsar N250. Along with sporting the biggest engine in the Pulsar lineup, the naked streetfighter is packed with advanced features to provide an elevated and precision riding experience for customers. The Pulsar N series boasts […]
SIAM and Maharashtra Pollution Control Board Lead Automotive Industry Towards Circular Economy through EPR Workshop
April 2024: In its endeavour to promote sustainable mobility, the Society of Indian Automobile Manufacturers (SIAM), the apex body for the automobile industry, collaborated with the Maharashtra Pollution Control Board to jointly organize a “Circularity Workshop” on “Extended Producer Responsibility Regime: An Innovative Policy Tool for Fostering a Sustainable Circular Economy in the Automotive Industry.” […]
HMSI Domestic Sales Surge 81 Pc To 3,58,151 Units In Mar
Honda Motorcycle and Scooter India on Tuesday reported an 81 per cent year-on-year jump in domestic wholesales at 3,58,151 units in March. The company had dispatched 1,97,542 units to its dealers in March 2023. Exports increased 95 per cent to 28,304 units last month from 14,460 units in March 2023, Honda Motorcycle & Scooter India […]
Rapido Crosses 100 Crore Rides Landmark, Empowers 11 Crore Lives In 120 Cities
Rapido, a leading commute app in India, has etched an indelible mark on India’s mobility landscape by achieving the monumental feat of 100 crore rides across 120 cities. Since its inception in 2015, it has emerged as a key contributor to employment generation, touching the lives of approximately 9 crore Indians with its affordable and […]
Kia India Looks To Expand Sales, Service Network To 700 Touchpoints By Year-End
Kia India on Friday said it is planning to have around 700 sales and service touchpoints in 300 cities by the end of the year. The automaker, which sells models like Seltos and Sonet, has 522 such touchpoints across 236 cities. The company said it is focussed on strengthening its presence in Tier-1 and Tier-2 […]
Daimler Posts Record Sales In 2023 Boosting Growth In Revenue: Official
Daimler India Commercial Vehicles, the subsidiary of truck manufacturer Daimler Truck AG, recorded a 39 per cent growth in sales of trucks and buses in 2023, a top official said on Tuesday. The Indian subsidiary of Germany-based Daimler Truck posted a 13 per cent growth in cumulative sales in 2023 backed by strong product demand, […]
Nissan To Launch 3 All-New Models In India By FY2026
Japanese auto major Nissan Motor Co Ltd plans to launch three all-new models in India by fiscal year 2026 and make the country a hub for exports under its new global business plan to drive value and strengthen competitiveness, according to a company statement. Under the new plan, which is split into mid-term imperatives for […]
Kia India To Hike Vehicle Prices By Up To 3 Pc From April 1
Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement. It marks the […]