Autocar_Professional India Online News – Page 1240

Maruti Suzuki’s SUV and MPV production jumps 100% to 58,226 units in January 2024

Maruti Suzuki India, which is witnessing surging consumer demand for its range of SUVs and MPVs, has ramped up production to meet the wave of bookings coming its way. The passenger vehicle market leader manufactured a total of 200,767 passenger vehicles in January 2024, an increase of 13% year on year (January 2023: 178,429 units).… Continue reading Maruti Suzuki’s SUV and MPV production jumps 100% to 58,226 units in January 2024

Maruti Suzuki’s Rahul Bharti expects Red Sea Crisis to have some bearings on costs: PTI

Maruti Suzuki might see an increase in costs on the back of rerouting of vessels due to the Red Sea Crisis, a senior company official informed PTI. The carmaker which exported roughly 2.7 lakh cars in the previous calendar year, stated that it does not expect the Red Sea Crisis to have a significant impact… Continue reading Maruti Suzuki’s Rahul Bharti expects Red Sea Crisis to have some bearings on costs: PTI

JSW Group to set up EV and battery plants in Odisha

The JSW Group has signed a Memorandum of Understanding with the government of Odisha to set up an integrated electric vehicle (EV) and EV battery manufacturing plant at Cuttack, and associated operations at Paradip. The investment in the project is estimated at Rs 40,000 crore and will help generate employment for 11,000 people. While… Continue reading JSW Group to set up EV and battery plants in Odisha

JSW Group to set up EV and battery plants in Odisha

Hero MotoCorp to launch 2 electric scooters in first quarter of FY25

With an eye on a larger pie of the electric two-wheeler market, Hero MotoCorp is set to introduce two new electric scooters at lower price points in April-June while it also continues to focus on expanding the electric vehicle business through marketing and brand-building efforts amid robust margins from the ICE business. In the first… Continue reading Hero MotoCorp to launch 2 electric scooters in first quarter of FY25

Hero MotoCorp to launch 2 electric scooters in first quarter of FY25

Hero MotoCorp sees FY25 two-wheeler industry revenue growing in double-digits

Riding on the premiumisation trend, India’s largest two-wheeler maker Hero MotoCorp projects the industry’s revenue to grow in double digits during the next financial year. Revenue growth could be higher than the volume growth, driven by 125cc+ segments and higher average selling prices. “We expect the industry to grow in double digits on revenue in… Continue reading Hero MotoCorp sees FY25 two-wheeler industry revenue growing in double-digits

Mahindra to collaborate with Embraer for C-390 Millennium multi-mission aircraft

Embraer Defense & Security and Mahindra have, on February 9, 2024, signed a Memorandum of Understanding (MoU) with the objective of jointly fulfilling the acquisition of the C-390 Millennium multi-mission aircraft by the Indian Air Force in its upcoming Medium Transport Aircraft (MTA) procurement project. The MoU was signed at the Embassy of Brazil in… Continue reading Mahindra to collaborate with Embraer for C-390 Millennium multi-mission aircraft

Bharat Mobility Global Expo 2025 likely to be held from Jan 17-22

After the success of the first edition of the Bharat Mobility Global Expo last week, the government and industry association are considering to host the second edition of the Expo next year between January 17 and 22 across multiple venues in Delhi NCR, including Bharat Mandapam, Yashobhoomi Convention Center and India Expo Mart. Autocar Professional had… Continue reading Bharat Mobility Global Expo 2025 likely to be held from Jan 17-22