Autocar_Professional India Online News – Page 1173

Toyota Kirloskar Motor sells 16,924 units in November, up 44%

Toyota Kirloskar Motor (TKM) is the first Indian carmaker to announce its November wholesale numbers. At 16,924 units, domestic market sales last month are up 44% year on year (November 2022: 11,728 units), albeit down 17.61% month-on-month (October 2023: 20,542 units). Put this down to the company having a weeklong maintenance shutdown from November 11-19… Continue reading Toyota Kirloskar Motor sells 16,924 units in November, up 44%

‘Supercar sales in India should be 10 times of what they are right now’: Lamborghini India’s Sharad Agarwal

Italian supercar marque Lamborghini organised its 60th anniversary celebrations in India by showcasing an art project in New Delhi on November 30, at a time when the luxury automaker’s sales are at an all-time high in India. The company, which is witnessing its allocations already sold out for the ongoing calendar year, says that demand… Continue reading ‘Supercar sales in India should be 10 times of what they are right now’: Lamborghini India’s Sharad Agarwal

BEV sales in Europe rise by 30% to 157,957 units in October

October 2023 saw a total of 1,040,278 passenger vehicles being sold in Europe, which constitutes a 14% increase on the 909,724 units registered in October 2022. According to JATO Dynamics data for 28 European markets, the increase in volumes in October marked the 15th consecutive month of growth in the European new car market, with… Continue reading BEV sales in Europe rise by 30% to 157,957 units in October

BEV sales in Europe rise by 30% to 157,957 units in October

HPCL to add 1,000 fuel outlets per year for medium-term

Amid India’s transition to cleaner fuel, the country’s second-largest fuel retailer Hindustan Petroleum Corporation Ltd plans to continue expanding its traditional fuel retailing outlets along with electric charging facilities. The company will add around 1,000 petrol and diesel fuel stations in a year on average in the next 2-3 years, while it plans to more… Continue reading HPCL to add 1,000 fuel outlets per year for medium-term

SAIC Motor and JSW Group announce a strategic Joint Venture to accelerate growth with focus on green mobility

SAIC Motor, and the JSW Group have entered into a strategic Joint Venture.The Shareholder Agreement and Share Purchase & Share Subscription agreement were signed by the President of SAIC Wang Xiaoqiu and JSW Group’s Parth Jindal at the MG Office in London with the objective of accelerating the transformation and growth of MG Motor in… Continue reading SAIC Motor and JSW Group announce a strategic Joint Venture to accelerate growth with focus on green mobility

Exclusive: JSW and MG Motor explore dual brand strategy as part of alliance talk

As the negotiation between M G Motor and JSW Group reaches the final leg, a dual brand strategy is being mooted as part of the future growth prospects for the alliance. While the M G brand will continue to build its presence with ICE and EV portfolio, a new brand steered by JSW Group will… Continue reading Exclusive: JSW and MG Motor explore dual brand strategy as part of alliance talk

Sibros, Accolade Electronics partnership to deliver value-added embedded hardware systems

Connected vehicle technology company Sibros today announced a strategic partnership with Accolade Electronics, the largest provider of connected telematics solutions in India with over 800K connected devices currently deployed and successfully running on numerous vehicle models, to further enhance the capabilities of connected vehicles. The collaboration empowers Sibros to deliver its connected vehicle solutions through… Continue reading Sibros, Accolade Electronics partnership to deliver value-added embedded hardware systems