With the commercial vehicles (CV) industry registering a muted 0.7% decline in wholesale volumes on a YoY basis but a sequential growth of 5.1% in February, the rating agency ICRA claims that its estimates remain unchanged as domestic CV wholesale volumes are expected to grow by 2-5% in FY2024. Further, ICRA expects the domestic CV… Continue reading Pre-election construction lull, high base effect impacts CV wholesales in Feb: ICRA
Author: Autocar_Professional India Online News
Pre-election construction lull, high base effect impacts CV wholesales in Feb: ICRA
With the commercial vehicles (CV) industry registering a muted 0.7% decline in wholesale volumes on a YoY basis but a sequential growth of 5.1% in February, the rating agency ICRA claims that its estimates remain unchanged as domestic CV wholesale volumes are expected to grow by 2-5% in FY2024. Further, ICRA expects the domestic CV… Continue reading Pre-election construction lull, high base effect impacts CV wholesales in Feb: ICRA
Pre-election construction lull, high base effect impacts CV wholesales in Feb: ICRA
With the commercial vehicles (CV) industry registering a muted 0.7% decline in wholesale volumes on a YoY basis but a sequential growth of 5.1% in February, the rating agency ICRA claims that its estimates remain unchanged as domestic CV wholesale volumes are expected to grow by 2-5% in FY2024. Further, ICRA expects the domestic CV… Continue reading Pre-election construction lull, high base effect impacts CV wholesales in Feb: ICRA
Suzuki and SkyDrive begin manufacture of eVTOL flying cars
Suzuki Motor Corporation and SkyDrive Inc, headquartered in Toyota City, have started manufacturing of ‘flying cars’ in Iwata City, Shizuoka Prefecture, Japan. The electric vertical take-off and landing (eVTOL) aircraft is characterised by electrification and a fully autonomous autopilot. It is also called Advanced Air Mobility (AAM) or Urban Air Mobility (UAM). It was in… Continue reading Suzuki and SkyDrive begin manufacture of eVTOL flying cars
Anand Mahindra urges stronger government-private sector collaboration for India to be a global superpower
Underlining India’s latent potential to emerge as a global powerhouse, Anand Mahindra, chairman of the Mahindra Group, has called for a collaborative approach between the government and companies to unlock scale, spur innovation, and expand the market globally. Speaking at the fourth annual Atal Bihari Vajpayee Memorial Lecture in Delhi on March 10, 2024, he… Continue reading Anand Mahindra urges stronger government-private sector collaboration for India to be a global superpower
JK Tyre BLAZE RYDR flags off ‘All Women Bike Rally’ on International Women’s Day
JK Tyre collaborated with the 11th edition of the ‘All Women Bike Rally’ held in New Delhi. The rally, themed ‘Swayam Siddh’ (self-reliant), was flagged off from Connaught Place (CP) by distinguished guests including Smriti Irani, Union Minister for Women & Child Development, Vinai Kumar Saxena, Lieutenant Governor of Delhi, and Anshuman Singhania, Managing Director… Continue reading JK Tyre BLAZE RYDR flags off ‘All Women Bike Rally’ on International Women’s Day
JK Tyre BLAZE RYDR flags off ‘All Women Bike Rally’ on International Women’s Day
JK Tyre collaborated with the 11th edition of the ‘All Women Bike Rally’ held in New Delhi. The rally, themed ‘Swayam Siddh’ (self-reliant), was flagged off from Connaught Place (CP) by distinguished guests including Smriti Irani, Union Minister for Women & Child Development, Vinai Kumar Saxena, Lieutenant Governor of Delhi, and Anshuman Singhania, Managing Director… Continue reading JK Tyre BLAZE RYDR flags off ‘All Women Bike Rally’ on International Women’s Day
JBM enters East India market, deploys 200 electric busses in Odisha
In a significant move towards sustainable public transport, JBM ECOLIFE Electric AC Buses were flagged off by Chief Minister, Naveen Patnaik, in Berhampur. A total of 200 electric buses will serve Berhampur, Bhubaneswar, and Cuttack, marking JBM’s entry into the eastern Indian market. Currently, JBM operates over 1500 electric buses across 10 states and major… Continue reading JBM enters East India market, deploys 200 electric busses in Odisha
Iveco to supply 178 CNG trucks to DHL in Germany
Iveco, the Iveco Group brand that designs, manufactures and markets light, medium and heavy commercial vehicles, has received an order for the supply of 178 S-Way CNG (Compressed Natural Gas) trucks to the Post & Parcel Germany division of DHL. The order will expand DHL’s sustainable fleet, furthering their commitment to reducing their carbon footprint… Continue reading Iveco to supply 178 CNG trucks to DHL in Germany
CNG vehicle sales jump 38% to 940,000 units in FY2024, CNG price cut by Rs 2.50 per kg
Demand for alternate fuels from vehicle buyers is growing and along with the transition to electric mobility, the CNG vehicle industry is currently witnessing strong double-digit growth. As per retail sales data from Vahan, as of March 8, 2024, a total of 939,415 CNG-powered vehicles have been sold in the first 11 months of the… Continue reading CNG vehicle sales jump 38% to 940,000 units in FY2024, CNG price cut by Rs 2.50 per kg