Hyundai expands ultra-fast EV charging network across India, sets up 11 new stations

Hyundai Motor India Limited (HMIL) has expanded its Ultra-Fast charging station network across India, setting up a total of 11 stations. These stations are located in key cities like Mumbai, Pune, Ahmedabad, Hyderabad, Gurugram, and Bangalore, as well as on major highways including Delhi-Chandigarh, Delhi-Jaipur, Hyderabad-Vijayawada, Mumbai-Surat, and Mumbai-Nashik. Each of these charging stations features… Continue reading Hyundai expands ultra-fast EV charging network across India, sets up 11 new stations

Toyota Kirloskar Motor introduces new car delivery solution

Toyota Kirloskar Motor (TKM) today announced the introduction of its “Awesome New Car Delivery Solution”, an initiative to be implemented by TKM’s authorised dealers as a part of its sales process. The new initiative aims at extending vehicle logistic services till delivery touchpoints by eliminating possible drive down of new cars by the Dealer staff… Continue reading Toyota Kirloskar Motor introduces new car delivery solution

In Conversation with McLaren Mumbai’s Lalit Choudary

Lalit Choudary, Chairman and MD of McLaren Mumbai, shares the brand’s growth in India, with McLaren Mumbai playing a pivotal role as the Centre of Excellence catering to nationwide demand. The supercar market in India has experienced remarkable growth, with a surge of 20-30% following the Covid-19 pandemic. This increase in demand reflects the evolving… Continue reading In Conversation with McLaren Mumbai’s Lalit Choudary

In Conversation with McLaren Mumbai’s Lalit Choudary

Lalit Choudary, Chairman and MD of McLaren Mumbai, shares the brand’s growth in India, with McLaren Mumbai playing a pivotal role as the Centre of Excellence catering to nationwide demand. The supercar market in India has experienced remarkable growth, with a surge of 20-30% following the Covid-19 pandemic. This increase in demand reflects the evolving… Continue reading In Conversation with McLaren Mumbai’s Lalit Choudary

Bosch reports Rs 518 crore net profit in Q3FY24 on robust demand

Bengaluru-based Bosch Ltd., a major supplier to the automotive industry, reported a healthy demand across the segments with Rs 518 crore in net profit during the period ending December 2023, translating to 62.5% YoY jump over a similar period the previous year. The company’s revenue during the same period went up by 14.9% YoY to… Continue reading Bosch reports Rs 518 crore net profit in Q3FY24 on robust demand

Bosch reports Rs 518 crore net profit in Q3FY24 on robust demand

Bengaluru-based Bosch Ltd., a major supplier to the automotive industry, reported a healthy demand across the segments with Rs 518 crore in net profit during the period ending December 2023, translating to 62.5% YoY jump over a similar period the previous year. The company’s revenue during the same period went up by 14.9% YoY to… Continue reading Bosch reports Rs 518 crore net profit in Q3FY24 on robust demand

OEMs dispatch record 393,074 PVs in January to feed SUV-hungry market 

If CY2023 closed on a very strong note for the Indian passenger vehicle industry with record wholesales of 4.10 million units (up 8%), then CY2024 bids fair to go beyond that. The first month of this year saw PV (cars, utility vehicles and vans) manufacturers dispatch a record 393,074 units to their authorised dealers across… Continue reading OEMs dispatch record 393,074 PVs in January to feed SUV-hungry market 

Passenger vehicle, two-wheeler wholesales surge in January: SIAM report

In January, the Society of Indian Automobile Manufacturers (SIAM) reported a significant increase in domestic passenger vehicle and two-wheeler wholesales, indicating a promising start to the year for the Indian automotive industry. Domestic passenger vehicle wholesales saw a notable rise of 14% year-on-year, reaching an all-time high of 3,93,074 units. This surge was primarily fuelled… Continue reading Passenger vehicle, two-wheeler wholesales surge in January: SIAM report

Passenger vehicle, two-wheeler wholesales surge in January: SIAM report

In January, the Society of Indian Automobile Manufacturers (SIAM) reported a significant increase in domestic passenger vehicle and two-wheeler wholesales, indicating a promising start to the year for the Indian automotive industry. Domestic passenger vehicle wholesales saw a notable rise of 14% year-on-year, reaching an all-time high of 3,93,074 units. This surge was primarily fuelled… Continue reading Passenger vehicle, two-wheeler wholesales surge in January: SIAM report

Passenger vehicle, two-wheeler wholesales surge in January: SIAM report

In January, the Society of Indian Automobile Manufacturers (SIAM) reported a significant increase in domestic passenger vehicle and two-wheeler wholesales, indicating a promising start to the year for the Indian automotive industry. Domestic passenger vehicle wholesales saw a notable rise of 14% year-on-year, reaching an all-time high of 3,93,074 units. This surge was primarily fuelled… Continue reading Passenger vehicle, two-wheeler wholesales surge in January: SIAM report