Author: Autocar_Professional India Online News

Hyundai breaks ground on first overseas fuel cell system plant in Guangzhou

HTWO Guangzhou, which will open in the second half of 2022, will initially produce 6,500 fuel cell systems per year. Hyundai Motor Group has announced it held a virtual groundbreaking ceremony for HTWO Guangzhou, the Group’s first fuel cell system facility outside of Korea. The investment advances the Group’s global hydrogen leadership and supports its… Continue reading Hyundai breaks ground on first overseas fuel cell system plant in Guangzhou

Toyota Yaris voted European Car of the Year 2021

The Toyota Yaris has been named Car of the Year 2021. The Yaris was named the winner in a ceremony hosted at the Palexpo exhibition centre in Geneva, on the eve of when the Geneva International Motor Show would have been held. For the second year running, the show was cancelled owing to the coronavirus pandemic. The Yaris supermini,… Continue reading Toyota Yaris voted European Car of the Year 2021

VE Commercial Vehicles’ February sales up 19 percent

VE Commercial Vehicles, the Volvo Group and Eicher Motors joint venture, recorded 19 percent growth in year-on-year sales at 5457 units in February (February 2020 sales at 4586 units). This includes 5335 units of Eicher brand and 122 units of Volvo brand.  The Eicher trucks and buses have recorded sales of 5335 units in February representing a… Continue reading VE Commercial Vehicles’ February sales up 19 percent

Daimler India CV claims it outperformed market in CY2020

Daimler India Commercial Vehicles (DICV) today reported its preliminary results for the calendar year 2020 (as per IFRS accounting standards), showcasing a 3.3% rise in domestic market share (5.8% to 9.1%). Despite the global pandemic and economic downturn, DICV says it “was able to outperform the Indian CV market and emerge from 2020 with significant increases in both… Continue reading Daimler India CV claims it outperformed market in CY2020

Pent-up demand, infra push drives M&HCV sales in February

The shortest month of the year February has turned out to be a positive month for commercial vehicle manufacturers in India with everyone except for Mahindra reporting sales in positive territory, albeit on a lower year-ago base. The global automotive industry has been witnessing a major supply chain challenge as the shortage of semiconductors has… Continue reading Pent-up demand, infra push drives M&HCV sales in February

Carmakers march into last month of FY2021 on a buoyant note

Today is March 1, the beginning of the last month of fiscal year FY2021, which most businessmen, industrialists, entrepreneurs or even salaried professionals would want to forget. Nobody had ever imagined that the FY2021, which kicked in on April 1, 2020, would be a harrowing experience in the form of a Covid-19 pandemic-induced global economic… Continue reading Carmakers march into last month of FY2021 on a buoyant note

Ashok Leyland launches Falcon Super and Gazl in Oman

Ashok Leyland unveiled two smart passenger buses, Falcon Super and Gazl in Oman at a virtual launch. The Falcon Super and Gazl will join the fleet of its already operational 1000+ buses in Oman. Falcon Super and Gazl are from the company’s state-of-the-art manufacturing base in Ras Al Khaimah, UAE. Speaking at the virtual unveiling, Nitin Seth, Chief Operating… Continue reading Ashok Leyland launches Falcon Super and Gazl in Oman