TVS expands retail footprint in Iraq to over 40 outlets

TVS Motor Company has expanded its global retail footprint to Iraq. The company has opened a new showroom in Baghdad with distribution partner Ritaj International General Trade. The showroom is spread over 500 square metres with a built-up area of 840 square metres and is the first-of-its-kind facility for TVS in the region. In addition to two-and three-wheelers,… Continue reading TVS expands retail footprint in Iraq to over 40 outlets

TVS Motor Co opens new 3S dealership in Iraq

TVS Motor Company, a leading manufacturer of two- and three-wheeler’s has inaugurated a new showroom in Baghdad with distribution partner Ritaj International General Trade. The showroom is spread over 500 sqmt with a built-up area of 840 sqmt and is the first-of-its-kind facility for TVS Motor Company in the region. In addition to the two-and… Continue reading TVS Motor Co opens new 3S dealership in Iraq

ZF wins first order for innovative brake actuator platform European CV maker

A leading commercial vehicle OEM in Europe has become the first customer to adopt ZF’s new brake actuator platform on its range of medium and heavy-duty trucks and buses. Using a platform approach for the first time, ZF’s fourth-generation brake actuator technology offers significant safety and cost efficiency benefits for CV manufacturers. ZF has already… Continue reading ZF wins first order for innovative brake actuator platform European CV maker

Hero MotoCorp to enter EV market in 2022

Hero MotoCorp has revealed that it will enter the electric two-wheeler market in 2022. The company, which in April this year, inked a strategic partnership with Taiwan-based Gogoro to develop the EV and charging network in India. During a recent conference call, Niranjan Gupta, CFO, Hero MotoCorp said that the company is on track to… Continue reading Hero MotoCorp to enter EV market in 2022

Honda Motorcycle & Scooter India resumes production at three plants

Honda Motorcycle & Scooter India (HMSI) has recommenced manufacturing operations in a phased manner at its plants in Manesar (Haryana), Tapukara (Rajasthan) and Vithalapur (Gujarat). The fourth plant, located at Kolar, Karnataka, remains shut due to the lockdown in Karnataka on May 25. The two-wheeler OEM has a total manufacturing capacity of 6.4 million units as… Continue reading Honda Motorcycle & Scooter India resumes production at three plants

Time Technoplast upbeat about Type-IV cylinders for CNG cascades

It was in August 2020 when Mumbai-based Time Technoplast (TTL) announced that it had developed Type-IV carbon fibre composite cylinders. Since then, the company has bagged a Rs 41.6 crore order from a gas distributor for supplying its lightweight offering to be used in CNG cascades.   The current order book stands at about Rs 53.6… Continue reading Time Technoplast upbeat about Type-IV cylinders for CNG cascades

Petrol hits a century, costs Rs 100.19 a litre in Mumbai

It’s a century India should not be proud of. After staying 6 paise short of the Rs 100-a-litre mark for two days at a Brandmanesque Rs 99.94, today’s hike – the 15th in May 2021 – has taken the price of petrol past Rs 100 at Rs 100.19. Since January 1, 2021, when petrol cost… Continue reading Petrol hits a century, costs Rs 100.19 a litre in Mumbai

Toyota hopeful of good times returning with Covid on the wane

Toyota Kirloskar Motor (TKM) is betting big on the Innova Crysta and Fortuner to keep the momentum going once the lockdown is lifted and normal business resumes. It is also working towards reducing the order-to-lead times on these two models.  “While sentiment at the higher end may remain muted, we anticipate good demand in the… Continue reading Toyota hopeful of good times returning with Covid on the wane