Autocar_Professional India Online News – Page 1235

Uno Minda holds annual innovation event focusing on future of mobility

i-Meet, Uno Minda’s annual innovation event was held at the International Centre for Automotive Technology (ICAT), Centre 2. Uno Minda regularly organises this initiative to provide employees with a platform where they can showcase their innovations to senior leadership. The theme at this year’s i-Meet was “Innovating for the Future of Mobility”, where various business… Continue reading Uno Minda holds annual innovation event focusing on future of mobility

Maruti Suzuki India signs MoU with IDBI Bank for inventory funding

Maruti Suzuki India Limited (MSIL) today announced the signing of Memorandum of Understanding (MoU) with IDBI Bank for inventory funding. This new alliance will help 4000 plus Maruti Suzuki sales outlets across the country with comprehensive inventory funding options for their working capital requirements. Speaking on the partnership, Shashank Srivastava, Senior Executive Officer, Marketing and Sales,… Continue reading Maruti Suzuki India signs MoU with IDBI Bank for inventory funding

ICRA expects favourable demand outlook for the road logistics industry in FY24

ICRA expects a favourable demand outlook for the road logistics industry in FY2024, supported by stable domestic consumption and investment demand. Revenue growth in the industry is expected to be 6-9% in FY2024 on a higher base in FY2023, driven primarily by demand from diverse segments such as e-commerce, FMCG, retail, chemicals, pharmaceuticals, and industrial… Continue reading ICRA expects favourable demand outlook for the road logistics industry in FY24

Mercedes Benz India registers 11% year on year growth

Mercedes-Benz today announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-round demand for its products, despite facing supply challenges in Q3. The strong customer preference for the brand is driven by an attractive product portfolio and a seamless… Continue reading Mercedes Benz India registers 11% year on year growth

Mercedes-Benz sells 510,600 cars and SUVs globally in Q3, EV sales jump 66%

Mercedes-Benz Cars sales reached 510,600 units (-4%) in the third quarter of CY2023. The German luxury carmaker states that volumes were impacted by a model changeover for the E-Class and a supply-chain bottleneck which constrained availability of the GLC. Sales of the Mercedes-Maybach rose by 26% during the same period. Meanwhile, the transformation of Mercedes-Benz… Continue reading Mercedes-Benz sells 510,600 cars and SUVs globally in Q3, EV sales jump 66%

Ashok Leyland launches ecomet Star 1915 with 18.49T GVW

As the industry anticipates a growing need for higher payload capacity across various applications, the ecomet Star 1915 is positioned to address the logistical demands in applications like e-commerce, parcel delivery, transportation of fresh produce, auto parts, FMCG, and more. Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle… Continue reading Ashok Leyland launches ecomet Star 1915 with 18.49T GVW

Ashok Leyland launches ecomet Star 1915 with 18.49T GVW

Skoda to re-enter Kazakhstan market, plans local assembly of four models

Skoda Auto is poised to re-enter the Kazakhstan market. The Czech car manufacturer has engaged a new sales and production partner, Allur Company, with both companies recently signing a partnership agreement. Four models will be assembled locally in Kazakhstan starting in early 2024. The model series available in Kazakhstan will include the Kodiaq, Kamiq, and… Continue reading Skoda to re-enter Kazakhstan market, plans local assembly of four models

Mercedes-Benz Trucks premieres eActros 600 with 500km range

Mercedes-Benz Trucks has unveiled the series version of the first battery-electric long-haul truck with the three-pointed star – the Mercedes-Benz eActros 600. With this heavy-duty electric truck, the manufacturer plans to define the new standard in road freight transport – in terms of technology, sustainability, design and profitability for e-fleet operators. The high battery capacity of… Continue reading Mercedes-Benz Trucks premieres eActros 600 with 500km range