The 75,000 square feet facility was inaugurated by KT Rama Rao, among other government officials and Stellantis management team, and will accommodate over 700 work stations. Stellantis India has opened a Digital Hub in Hyderabad, which will provide end to end capabilities in product development, IT services and software technologies. The 75,000 square feet… Continue reading Stellantis India opens digital hub in Hyderabad
Author: Autocar_Professional India Online News
Triumph launches Speed 400 at Rs 2.23 lakh for the first 10,000 customers
Aimed at younger buyers, Premium British Motorcycle maker Triumph has entered the fast-growing mid-size motorcycle market in India in partnership with Bajaj Auto. This comes close on the heels of the iconic US brand Harley Davidson’s launch of the 440 cc bike. Both these companies look to challenge the dominance of the Royal Enfield- the mid-size motorcycle specialist. … Continue reading Triumph launches Speed 400 at Rs 2.23 lakh for the first 10,000 customers
Maruti Suzuki India launches Invicto at Rs 24.79 lakh
Maruti Suzuki India (MSIL) has launched its flagship model – Invicto – with prices ranging from Rs 24.79 lakh to Rs 28.42 lakh, ex-showroom. The full-size MPV, which will be retailed from MSIL’s premium Nexa channel, aims to empower the company to tap into the potential of the over Rs 20 lakh price segment, a… Continue reading Maruti Suzuki India launches Invicto at Rs 24.79 lakh
Maruti Suzuki India launches Invicto at Rs 24.79 lakh
Maruti Suzuki India (MSIL) has launched its flagship model – Invicto – with prices ranging from Rs 24.79 lakh to Rs 28.42 lakh, ex-showroom. The full-size MPV, which will be retailed from MSIL’s premium Nexa channel, aims to empower the company to tap into the potential of the over Rs 20 lakh price segment, a… Continue reading Maruti Suzuki India launches Invicto at Rs 24.79 lakh
EV startup Vegh raises US$ 5 million in pre-series funding
EV startup Vegh has secured US$ 5 million in pre-series funding, as a part of the company’s ongoing US$ 50 million pre-series funding round. The latest funding from an undisclosed investor will be used for the company’s working capital needs, sales, distribution network, and the expansion of its manufacturing capabilities for EV parts. Funds will… Continue reading EV startup Vegh raises US$ 5 million in pre-series funding
SUV demand drives June sales to 325,000 units, over 2 million PVs sold in first-half 2023
With eight of the 16 passenger vehicle OEMs in India releasing their wholesale numbers for June 2023, it is clear that the 325,000-unit mark will have been breached for the sixth month in a row. Cumulative sales of nine OEMs add up to 313,360 units, up 6% on their year-ago sales but down 2.47% on… Continue reading SUV demand drives June sales to 325,000 units, over 2 million PVs sold in first-half 2023
SUV demand drives June sales to 325,000 units, over 2 million PVs sold in first-half 2023
With eight of the 16 passenger vehicle OEMs in India releasing their wholesale numbers for June 2023, it is clear that the 325,000-unit mark will have been breached for the sixth month in a row. Cumulative sales of nine OEMs add up to 313,360 units, up 6% on their year-ago sales but down 2.47% on… Continue reading SUV demand drives June sales to 325,000 units, over 2 million PVs sold in first-half 2023
Mahindra Logistics shifts to build-to-suit model to boost efficiency
Mahindra Logistics, the country’s third-party logistics provider is shifting to a build-to-suit (BTS) model for its warehousing networks. The company believes that this model will be more suitable for its long-term growth plans and will lead to a better payoff as compared to earlier times when it was more OEM or component supplier-focused. Prasanna Pahade,… Continue reading Mahindra Logistics shifts to build-to-suit model to boost efficiency
Volvo Cars to use renewable fuels for ocean freight, slash fossil CO2 emissions by 84 percent
Volvo Cars has become the first global carmaker to make the switchover to using renewable fuels for transporting its cars and production material in shipping carriers. The company has been working on this initiative together with its logistics service partners Maersk, Kuehne+Nagel and DB Schenker, which have from June 1, 2023 switched to renewable fuel for… Continue reading Volvo Cars to use renewable fuels for ocean freight, slash fossil CO2 emissions by 84 percent
Volvo Cars to use renewable fuels for ocean freight, slash fossil CO2 emissions by 84 percent
Volvo Cars has become the first global carmaker to make the switchover to using renewable fuels for transporting its cars and production material in shipping carriers. The company has been working on this initiative together with its logistics service partners Maersk, Kuehne+Nagel and DB Schenker, which have from June 1, 2023 switched to renewable fuel for… Continue reading Volvo Cars to use renewable fuels for ocean freight, slash fossil CO2 emissions by 84 percent