Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, recorded its highest-ever festive sales, clocking more than 14 lakh (1.4 million) units in retail sales during the 32-day festive period – between the first day of the Navratras and Bhai Dooj – this year. Riding on robust demand across rural markets as well as… Continue reading Hero MotoCorp retails over 1.4 million vehicles in 32 day festive period
Author: Autocar_Professional India Online News
CNH signs MoU with ICAR – CITH Srinagar for Technical Collaboration in Fruit Harvesting
CNH has signed an Memorandum of Understanding (MoU) with the Indian Council of Agricultural Research – Central Institute of Temperate Horticulture (ICAR-CITH), Srinagar to collaborate on fruit harvesting technology in India. The partnership will focus on enhancing the mechanisation of fruit harvesting, specifically apples, integrating cutting-edge techniques. It will also foster the development of innovative… Continue reading CNH signs MoU with ICAR – CITH Srinagar for Technical Collaboration in Fruit Harvesting
Electric two-wheeler market may cross 1 lakh mark
India’s electric two-wheeler makers are anticipating a cracking Diwali season, with sales expected to increase by 35–40 percent in November, which will surpass the previous peak of 1,05,000 units in May 2023. The first half of the season has already witnessed a strong double-digit growth, with October 2023 sales closing at the 75,000 units sales… Continue reading Electric two-wheeler market may cross 1 lakh mark
Two-wheelers zoom ahead on a double digit Diwali rocket
The Indian two-wheeler market which posted a flattish sale in the 2022 festive season is back to a strong double-digit growth inching closer to previous peak on the back growing economy and initial signs of revival at the bottom end of the pyramid. Close to 2.5 to 3 million units are estimated to have been… Continue reading Two-wheelers zoom ahead on a double digit Diwali rocket
Two-wheelers zoom ahead on a double digit Diwali rocket
The Indian two-wheeler market which posted a flattish sale in the 2022 festive season is back to a strong double-digit growth inching closer to previous peak on the back growing economy and initial signs of revival at the bottom end of the pyramid. Close to 2.5 to 3 million units are estimated to have been… Continue reading Two-wheelers zoom ahead on a double digit Diwali rocket
Two-wheelers zoom ahead on a double digit Diwali rocket
The Indian two-wheeler market which posted a flattish sale in the 2022 festive season is back to a strong double-digit growth inching closer to previous peak on the back growing economy and initial signs of revival at the bottom end of the pyramid. Close to 2.5 to 3 million units are estimated to have been… Continue reading Two-wheelers zoom ahead on a double digit Diwali rocket
A million cars and a million smiles light up India’s festive season
Eight new cars were sold every minute this festive season in India — the world’s third largest car market. A record 1.025 million cars and SUVs are estimated to have been retailed in the 90-day-period which started with Onam in Kerala and concluded with Bhai Dooj across the majority of the states. In these three… Continue reading A million cars and a million smiles light up India’s festive season
Orxa Energies and Nunam Technologies partner to offer sustainable battery lifecycle management
Orxa Energies, an electric vehicle (EV) and energy systems startup, has announced a strategic partnership with Nunam Technologies, to create a circular value chain for Orxa’s batteries. Nunam Technologies is a Bengaluru-based startup specialising in the reuse of EV batteries. Nunam Technologies will play a pivotal role in extending the life of Orxa’s flagship electric… Continue reading Orxa Energies and Nunam Technologies partner to offer sustainable battery lifecycle management
Tata Technologies sets IPO price band at Rs 475-500
The initial public offering (IPO) of automotive tech company Tata Technologies will open for subscription on November 22, making it the first Tata Group IPO in nearly two decades. The IPO will close on November 24. News agency Reuters previously reported that Tata Technologies was in talks with Morgan Stanley Investment Management, Blackrock, and other… Continue reading Tata Technologies sets IPO price band at Rs 475-500
Reduction of GST on CNG can help adoption of cleaner fuel vehicles
The leading vehicle makers in the country are pitching for a lower tax for alternate fuels like CNG and hybrid vehicles in order to promote adoption of cleaner and more efficient fuel for the end consumer till the time the cost structure and infrastructure for battery electric vehicles mature. Maruti Suzuki, Bajaj Auto and a… Continue reading Reduction of GST on CNG can help adoption of cleaner fuel vehicles