Revolt Motors, India’s electric motorcycle company, has announced its entry into Nepal, marking its second international market after Sri Lanka. The company will open its first Revolt Hub in Kathmandu in April 2025 through a partnership with MV Dugar Group, a company with 140 years of history and 52 years in Nepal’s automobile industry. The… Continue reading Revolt Motors Enters Nepal Market in Partnership with MV Dugar Group
Author: Autocar_Professional India Online News
BMW Group India Announces Price Hike of Up to 3% from April 2025
BMW Group India will increase prices by up to 3% across its BMW and MINI car range effective April 1, 2025, according to a company announcement made in Gurugram today. The price adjustment will apply to all locally produced cars and completely built-up units (CBUs). The locally manufactured lineup includes the BMW 2 Series Gran… Continue reading BMW Group India Announces Price Hike of Up to 3% from April 2025
Lamborghini Posts Record 2024 Performance with €3.09 Billion Revenue
Automobili Lamborghini has reported exceptional financial results for 2024, with revenue exceeding €3 billion for the first time in company history. The Sant’Agata Bolognese-based manufacturer posted €3.09 billion in revenue, representing a 16.2% increase compared to 2023. Operating income reached a record €835 million, up 15.5% from the previous year, with operating margin holding steady… Continue reading Lamborghini Posts Record 2024 Performance with €3.09 Billion Revenue
India’s infrastructure boom powers Tata Hitachi’s expansion strategy
Tata Hitachi Construction Machinery is strengthening its presence in India with a new developmental centre in Dharwad, Karnataka, signaling a strategic shift from consumption to innovation. The company is optimistic about future growth as it finds the market scenario to be favourable, says Sandeep Singh, MD, Tata Hitachi Construction Machinery. Tata Hitachi Construction Machinery is… Continue reading India’s infrastructure boom powers Tata Hitachi’s expansion strategy
Renault India Announces Price Hike of Up to 2 Percent Starting April
Renault India plans to increase prices across its vehicle lineup by up to 2 percent beginning April 2025, the company announced on Thursday. The price adjustment will vary depending on the model and variant. According to Venkatram Mamillapalle, Country CEO and Managing Director of Renault India, the company has been absorbing rising input costs for… Continue reading Renault India Announces Price Hike of Up to 2 Percent Starting April
Luxury Car Market to Slow in 2025: Mercedes-Benz Sees Flattish Numbers
The Indian luxury car market, which has enjoyed robust growth since the COVID-19 pandemic, outpacing the mainstream segment, is now seeing a slowdown as falling stock markets and geopolitical instability dampen consumer sentiment. The high-end car market may be experiencing its slowest growth from January to March 2025. If the weakness persists, it may even… Continue reading Luxury Car Market to Slow in 2025: Mercedes-Benz Sees Flattish Numbers
Royal Enfield 650cc models command 96% of 500-800cc motorcycle market
Midsize motorcycle market leader Royal Enfield, which has registered total wholesales of 814,707 units (up 6% YoY) in the first 11 months of FY2025, is set to surpass its record FY2024 sales of 834,795 units (up 13% YoY) in the current fiscal. It is witnessing strong growth in the 500-800cc segment where it has three… Continue reading Royal Enfield 650cc models command 96% of 500-800cc motorcycle market
Ashok Leyland Opens Bus Manufacturing Plant in Andhra Pradesh
Ashok Leyland, a leading commercial vehicle manufacturer and part of the Hinduja Group, inaugurated its new bus manufacturing plant near Vijayawada, Andhra Pradesh. Nara Lokesh, Minister of Information Technology, Electronics and Communications, and Human Resource Development, Government of Andhra Pradesh, presided over the event. As part of the ceremony, Ashok Leyland and the Hinduja Group… Continue reading Ashok Leyland Opens Bus Manufacturing Plant in Andhra Pradesh
Exponent Energy Unveils India’s First 1MW Rapid Charging Technology, Plans 1.5MW System
Exponent Energy has unveiled India’s first 1MW rapid charging technology for electric buses and announced plans to introduce a 1.5MW rapid charging system for EVs later this year. The announcement follows BYD’s recent introduction of its 1MW charging technology for cars in China. In August 2024, Exponent Energy partnered with Veera Vahana to launch… Continue reading Exponent Energy Unveils India’s First 1MW Rapid Charging Technology, Plans 1.5MW System
Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025
Hyundai Motor India Limited (HMIL) has announced a price increase of up to 3% across its model lineup, effective April 2025. The revision comes in response to rising input costs, higher commodity prices, and increased operational expenses. The extent of the price hike will vary depending on the model and variant. Tarun Garg, Whole-time… Continue reading Hyundai Motor India to Implement Price Hike of Up to 3% from April 2025