India’s component industry records best-ever turnover of Rs 560,000 crore, grows 33% in FY2023

If additional proof was required about just how strongly India Auto Inc is performing, then it has come from the Automotive Component Manufacturers Association of India (ACMA) today. The apex body representing India auto component manufacturing industry announced the findings of its Industry Performance Review for FY2023 and the numbers are very good. India Auto… Continue reading India’s component industry records best-ever turnover of Rs 560,000 crore, grows 33% in FY2023

Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank

Maruti Suzuki India, the country’s largest car maker, has overtaken Mahindra & Mahindra to become the largest SUV maker in terms of volumes in July 2023. In the process, its premium sales channel Nexa has wrested No. 2 position from Hyundai Motor India in terms of total automotive sales for an OEM brand. In July… Continue reading Maruti Suzuki No. 1 SUV maker in July, Nexa sales outpace Hyundai to take No. 2 PV rank

Webasto integrates sensors into panoramic sunroof for autonomous mobility

Reliably monitoring the surroundings, recognising obstacles and hazards in a wide range of weather conditions, ensuring that all road users and passers-by are safe in all situations – the utilisation of sensor technologies makes autonomous driving possible in the first place. The car roof – the highest point of the vehicle – provides the ideal… Continue reading Webasto integrates sensors into panoramic sunroof for autonomous mobility

Audi India opens its 24th pre-owned car showroom in Noida

Luxury car maker Audi India has opened a new pre-owned car facility, Audi Approved: plus in Noida, Uttar Pradesh. This new facility is the 24th Audi Approved: plus facility in India. Speaking at the inauguration, Balbir Singh Dhillon, Head of Audi India said, “Audi Approved plus has grown by 53% in the first half of 2023 and we are confident of… Continue reading Audi India opens its 24th pre-owned car showroom in Noida

Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

The successful launch of the Grand Vitara and Invicto has proved Maruti Suzuki’s ability to establish a brand in the high price segment, says Hishahi Takeuchi, MD of Maruti Suzuki, and he is confident of grabbing the number one SUV position in the country in FY24.  Addressing shareholders in the company’s 42nd Annual Report Takeuchi… Continue reading Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

The successful launch of the Grand Vitara and Invicto has proved Maruti Suzuki’s ability to establish a brand in the high price segment, says Hishahi Takeuchi, MD of Maruti Suzuki, and he is confident of grabbing the number one SUV position in the country in FY24.  Addressing shareholders in the company’s 42nd Annual Report Takeuchi… Continue reading Successful launch of Grand Vitara and Invicto has proven Maruti Suzuki can sell high priced vehicles, says MD Hisashi Takeuchi

TVS Motor plans to invest Rs 1,800 crore in FY2024

The country’s second-largest two-wheeler maker has big plans for the current financial year. The Hosur-based TVS Motor has said that its capex and investments in FY24 will be to the tune of Rs 1,800 crore. Of this amount, Rs 900-1,000 crore will be allocated to capex and investments will be around Rs 800 crore. The… Continue reading TVS Motor plans to invest Rs 1,800 crore in FY2024

TVS Motor plans to invest Rs 1,800 crore in FY2024

The country’s second-largest two-wheeler maker has big plans for the current financial year. The Hosur-based TVS Motor has said that its capex and investments in FY24 will be to the tune of Rs 1,800 crore. Of this amount, Rs 900-1,000 crore will be allocated to capex and investments will be around Rs 800 crore. The… Continue reading TVS Motor plans to invest Rs 1,800 crore in FY2024

TVS Motor plans to invest Rs 1,800 crore in FY2024

The country’s second-largest two-wheeler maker has big plans for the current financial year. The Hosur-based TVS Motor has said that its capex and investments in FY24 will be to the tune of Rs 1,800 crore. Of this amount, Rs 900-1,000 crore will be allocated to capex and investments will be around Rs 800 crore. The… Continue reading TVS Motor plans to invest Rs 1,800 crore in FY2024

Electric Dreams: Tamil Nadu aims to be India’s top EV hub

Considered the Detroit of India, the South Indian state of Tamil Nadu is vying to be the most preferred investment destination for electric vehicles (EVs) in the world. With marque names like Hyundai, Foxxcon, Ola, Ashok Leyland, and TVS Motor committing significant investments, the proactive Minister of State of Industries, Dr T R B Rajaa… Continue reading Electric Dreams: Tamil Nadu aims to be India’s top EV hub