Hyundai Motor India Ltd is positioning India as its largest global export base after South Korea. The company, which is currently focusing on exports to offset domestic challenges, is targeting an increase in the share of exports in its total volume to 30% by the end of this decade, up from the current 21%. “Aiming… Continue reading Hyundai India to Boost Export Share in Total Volume to 30% by 2030
Author: Autocar_Professional India Online News
Ashok Leyland Declares ₹4.25 Second Interim Dividend for FY25
Ashok Leyland Ltd., the flagship company of the Hinduja Group and a leading global commercial vehicle manufacturer, announced on Friday that its Board of Directors has approved a second interim dividend of ₹4.25 per equity share for the financial year ending March 31, 2025. This latest dividend declaration brings the total interim payout for FY25… Continue reading Ashok Leyland Declares ₹4.25 Second Interim Dividend for FY25
Belrise to Set Up Three New Plants, Enters EV Hub Motor Segment via Chinese Partnership
Belrise Industries Ltd, a leading automotive components manufacturer, is setting up three new manufacturing facilities in India to expand capacity and tap into the fast-growing electric vehicle (EV) segment. Two of the upcoming plants will be located in Chennai and will manufacture metal components, while a third facility in Pune will focus on the company’s… Continue reading Belrise to Set Up Three New Plants, Enters EV Hub Motor Segment via Chinese Partnership
Suzuki Launches Access Ride Connect TFT Edition at ₹1,01,900
Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has launched a new variant of its popular Access scooter, named the Access Ride Connect TFT Edition. Priced at ₹1,01,900 (ex-showroom, Delhi), the new model is equipped with a Bluetooth-enabled 4.2-inch coloured TFT digital instrument cluster and comes in a new Pearl Mat Aqua Silver colour. The updated digital… Continue reading Suzuki Launches Access Ride Connect TFT Edition at ₹1,01,900
Autocar Professional’s May 15, 2025 Edition is out!
This latest edition presents an in-depth analysis of India’s evolving two-wheeler industry, which is undergoing a significant transformation marked by premiumisation, electrification, and a shift towards urban mobility. A key highlight is the intensifying rivalry between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI), with Honda narrowing the market share gap and even surpassing… Continue reading Autocar Professional’s May 15, 2025 Edition is out!
‘EVs to touch 5% market penetration by end-2025’: Zeon Charging’s Karthikeyan Palanisamy
From 2% market penetration last year, to consistently staying above 3% in CY25, EV adoption in the Indian passenger vehicle market is growing on the back of new model introductions by multiple carmakers, says Zeon Charging’s Karthikeyan Palanisamy. Despite hovering in low single digits, the EV penetration in India’s passenger vehicle market is on the… Continue reading ‘EVs to touch 5% market penetration by end-2025’: Zeon Charging’s Karthikeyan Palanisamy
Lumax Auto Technologies to Acquire Remaining 25% Stake in IAC India
Lumax Auto Technologies Limited (LATL) announced on Friday that its Board of Directors has approved the acquisition of the remaining 25% stake in IAC International Automotive India Private Limited (IAC India) from IACG Holdings LUX SARL (IAC Lux). This move will make IAC India a wholly owned material subsidiary of LATL. IAC India is a… Continue reading Lumax Auto Technologies to Acquire Remaining 25% Stake in IAC India
Hyundai to Accelerate EV Push, Plans to Launch Six New Models by FY30
Hyundai Motor India, a late entrant in the country’s mainstream EV market, is set to roll out six new electric vehicles by FY30 as part of its long-term powertrain strategy. “We are set to accelerate our presence in the EV market, building on the strong foundation laid in FY25 with the launch of the Creta… Continue reading Hyundai to Accelerate EV Push, Plans to Launch Six New Models by FY30
Hyundai India to Grow in Line with Market in FY26; Targets 7–8% Export Growth; Invest Rs 7000 crore
Hyundai Motor India Ltd (HMIL) on Thursday said it expects to grow broadly in line with the domestic passenger vehicle market in FY26. It is targeting 7–8% export growth and laying out an ambitious roadmap of 26 new product launches by FY2030. The strategy includes a mix of internal combustion engine (ICE), electric vehicles (EVs),… Continue reading Hyundai India to Grow in Line with Market in FY26; Targets 7–8% Export Growth; Invest Rs 7000 crore
Hyundai Unveils Most Aggressive Launch Plan Yet: 26 Models Lined Up
In what is being billed as Hyundai Motor India’s most aggressive product launch plan, the country’s second-largest passenger vehicle manufacturer is gearing up to introduce 26 new models over the next few years. This ambitious rollout includes 20 internal combustion engine (ICE) vehicles and six electric vehicles (EVs)—a mix of all-new models, full model changes,… Continue reading Hyundai Unveils Most Aggressive Launch Plan Yet: 26 Models Lined Up