Toyota reveals retro-look Land Cruiser

After nearly 14 years on the market in its current form, the Toyota Land Cruiser has been drastically overhauled in a bid to steal sales from the Land Rover Defender and Jeep Wrangler.  Designed with obvious influence from past Land Cruisers and with a chunky two-box silhouette that nods to its “ability to withstand harsh conditions”, the model again majors… Continue reading Toyota reveals retro-look Land Cruiser

US Climate Secretary John Kerry meets MHI Minister to further the electric buses securitisation programme

The US President Joe Biden’s Special Envoy on Climate, Secretary John Kerry recently met with Dr. Mahendra Nath Pandey, the Cabinet Minister for Heavy Industries, for the continuation of talks on achieving net zero goals, especially in the context of furthering the electric bus securitisation programme. This meeting comes on the heels of Prime Minister… Continue reading US Climate Secretary John Kerry meets MHI Minister to further the electric buses securitisation programme

Hero MotoCorp announces new pricing for Harley-Davidson X440 starting from Rs 2,39,500

Hero MotoCorp today announced the new pricing of the Harley-Davidson X440, which will now start from Rs 2,39,500 onwards (Ex-showroom, Delhi). This price increase of Rs 10,500 will apply to all the variants. Harley-Davidson X440 will be available at the current introductory price of Rs 2,29,000, till 3 August, 2023.  Niranjan Gupta, Chief Executive Officer (CEO), Hero… Continue reading Hero MotoCorp announces new pricing for Harley-Davidson X440 starting from Rs 2,39,500

SUVs power July sales to a record high, tepid small car demand drags growth to low single digit

With seven of the 16 car, SUV and MPV manufacturers in India announcing their wholesale numbers for July 2023, it is amply clear that the 325,000-unit sales mark has been surpassed for the seventh month in a row. While the cumulative sales of these seven OEMs add up to 317,356 units, it is estimated that… Continue reading SUVs power July sales to a record high, tepid small car demand drags growth to low single digit

Government issues new guidelines for tyre manufacturers

The ministry of commerce and industry has proposed fresh guidelines for tyre manufacturers committing to invest in India in brownfield or greenfield projects for manufacturing tyres, falling under the restricted list. Considering the overall growth of tyre Industry in India, the Ministry of Commerce and Industry has proposed fresh guidelines for tyre manufacturers; committing to… Continue reading Government issues new guidelines for tyre manufacturers

Government issues new guidelines for tyre manufacturers

The ministry of commerce and industry has proposed fresh guidelines for tyre manufacturers committing to invest in India in brownfield or greenfield projects for manufacturing tyres, falling under the restricted list. Considering the overall growth of tyre Industry in India, the Ministry of Commerce and Industry has proposed fresh guidelines for tyre manufacturers; committing to… Continue reading Government issues new guidelines for tyre manufacturers

TVS Motors’ total sales up 4% 314,639 units in July

Chennai-based TVS Motor reported a 4% growth in its total sales of 325,977 units in July 2023 as compared to 314,639 units in the same month a year ago. During the month under review, total two-wheelers registered a growth of 4%, reaching 312,307 units as compared to 299,658 units in July 2022. Domestic two-wheelers registered a… Continue reading TVS Motors’ total sales up 4% 314,639 units in July

Hero MotoCorp July domestic sales down 14% at 371,204 units

Two-wheeler maker Hero MotoCorp reported domestic sales of 371,204 units in July 2023. The company registered a decline of 13.8% when compared to 430,684 units sold in the same month last year. During the month under review, the company reported a total (Domestic + Exports) 391,310 units, down 12%, as compared to 445,580 units in… Continue reading Hero MotoCorp July domestic sales down 14% at 371,204 units

Mahindra tractor sales up 8% in April at 25,175 units

Mahindra & Mahindra on Tuesday reported an 8 percent decline in total tractor sales to 25,175 units in July. The company sold a total of 23,307 units in the same month last year, M&M said in a statement.  Domestic tractor sales were at 24,168 units last month, as against 21,684 in July last year, a… Continue reading Mahindra tractor sales up 8% in April at 25,175 units

Escorts Kubota domestic tractor sales up 10% at 5,161 units in July

Tractor and construction machinery major Escorts Kubota on Tuesday reported a growth of 9.7 percent at 5,161 units in its domestic sales in July. The company had posted domestic sales of 4,704 units in the same month a year ago, as per a company release. Faridabad-based company’s total sales (domestic+ exports) also rose by 4… Continue reading Escorts Kubota domestic tractor sales up 10% at 5,161 units in July