ICRA expects a favourable demand outlook for the road logistics industry in FY2024, supported by stable domestic consumption and investment demand. Revenue growth in the industry is expected to be 6-9% in FY2024 on a higher base in FY2023, driven primarily by demand from diverse segments such as e-commerce, FMCG, retail, chemicals, pharmaceuticals, and industrial… Continue reading ICRA expects favourable demand outlook for the road logistics industry in FY24
Author: Autocar_Professional India Online News
Mercedes Benz India registers 11% year on year growth
Mercedes-Benz today announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-round demand for its products, despite facing supply challenges in Q3. The strong customer preference for the brand is driven by an attractive product portfolio and a seamless… Continue reading Mercedes Benz India registers 11% year on year growth
Mercedes-Benz sells 510,600 cars and SUVs globally in Q3, EV sales jump 66%
Mercedes-Benz Cars sales reached 510,600 units (-4%) in the third quarter of CY2023. The German luxury carmaker states that volumes were impacted by a model changeover for the E-Class and a supply-chain bottleneck which constrained availability of the GLC. Sales of the Mercedes-Maybach rose by 26% during the same period. Meanwhile, the transformation of Mercedes-Benz… Continue reading Mercedes-Benz sells 510,600 cars and SUVs globally in Q3, EV sales jump 66%
Ashok Leyland launches ecomet Star 1915 with 18.49T GVW
As the industry anticipates a growing need for higher payload capacity across various applications, the ecomet Star 1915 is positioned to address the logistical demands in applications like e-commerce, parcel delivery, transportation of fresh produce, auto parts, FMCG, and more. Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle… Continue reading Ashok Leyland launches ecomet Star 1915 with 18.49T GVW
Ashok Leyland launches ecomet Star 1915 with 18.49T GVW
As the industry anticipates a growing need for higher payload capacity across various applications, the ecomet Star 1915 is positioned to address the logistical demands in applications like e-commerce, parcel delivery, transportation of fresh produce, auto parts, FMCG, and more. Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle… Continue reading Ashok Leyland launches ecomet Star 1915 with 18.49T GVW
Skoda to re-enter Kazakhstan market, plans local assembly of four models
Skoda Auto is poised to re-enter the Kazakhstan market. The Czech car manufacturer has engaged a new sales and production partner, Allur Company, with both companies recently signing a partnership agreement. Four models will be assembled locally in Kazakhstan starting in early 2024. The model series available in Kazakhstan will include the Kodiaq, Kamiq, and… Continue reading Skoda to re-enter Kazakhstan market, plans local assembly of four models
Mercedes-Benz Trucks premieres eActros 600 with 500km range
Mercedes-Benz Trucks has unveiled the series version of the first battery-electric long-haul truck with the three-pointed star – the Mercedes-Benz eActros 600. With this heavy-duty electric truck, the manufacturer plans to define the new standard in road freight transport – in terms of technology, sustainability, design and profitability for e-fleet operators. The high battery capacity of… Continue reading Mercedes-Benz Trucks premieres eActros 600 with 500km range
Mercedes-Benz Trucks premieres eActros 600 with 500km range
Mercedes-Benz Trucks has unveiled the series version of the first battery-electric long-haul truck with the three-pointed star – the Mercedes-Benz eActros 600. With this heavy-duty electric truck, the manufacturer plans to define the new standard in road freight transport – in terms of technology, sustainability, design and profitability for e-fleet operators. The high battery capacity of… Continue reading Mercedes-Benz Trucks premieres eActros 600 with 500km range
Triumph launches Bajaj Auto-built Scrambler 400 X at Rs 263,000
Three months after the launch of the Speed 400 in India, Triumph Motorcycles and Bajaj Auto have launched the Scrambler 400 X priced at Rs 263,000 (ex-showroom Delhi). The Scrambler 400 X, which is Rs 30,000 costlier than the Speed 400, gets a taller suspension, off-road footpegs, sump guard and headlight grille as standard fitment. Like… Continue reading Triumph launches Bajaj Auto-built Scrambler 400 X at Rs 263,000
FADA data shows growth across all EV segments on year on year basis
There is a positive trend emerging across all vehicle segments in the EV space as per FADA data. The EV passenger vehicle market share grew by 0.6 percent year on year, from 1.3% in September 2022 to 1.9% in September 2023. However, the market share was 2.1% in August 2023, indicating a decline of 0.2%. … Continue reading FADA data shows growth across all EV segments on year on year basis