Autocar_Professional India Online News – Page 1649

‘Pre-owned luxury cars offer better value for money’: Niraj Singh

Automotive technology start-up, Spinny, which was founded in 2014, is making inroads into India’s growing pre-owned car market. This is a segment where traditionally trust has been an issue due to the market being dominated by unorganised players. Spinny hopes to address this problem with its tech-oriented processes that aim to enhance trust. The new-age… Continue reading ‘Pre-owned luxury cars offer better value for money’: Niraj Singh

‘We are confident of India achieving E20 well in time’: Flavio Castelar

Brazil has been a pioneer in the ethanol industry and has over five decades of experience in this field. India is embarking on a carbon-free mission and thinks Brazil’s expertise in renewable fuel sources can make a big difference. Flavio Castelar, Executive Director, Brazil Ethanol Cluster, spoke to Autocar Professional about how they are working… Continue reading ‘We are confident of India achieving E20 well in time’: Flavio Castelar

Tata Motors reports 8 percent year on year increase in global group wholesales

Tata Motors has reported an 8 percent year on year increase in global group wholesales. The Tata Motors Group global wholesales numbers in Q4 FY23, including Jaguar Land Rover stood at 3,61,361 numbers, higher by 8 percent, as compared to Q4 FY22. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q4… Continue reading Tata Motors reports 8 percent year on year increase in global group wholesales

‘Government support is critical for providing PLI in electrolyser manufacturing’: Dr RK Malhotra

‘Government support is critical for providing PLI in electrolyser manufacturing’: Dr RK Malhotra Touted as the fuel of the future, hydrogen holds tremendous promise in terms of delivering cost-effective and sustainable energy solutions. While still in the nascent stage, its long-term viability will depend on piecing together several factors right from production to reaching the… Continue reading ‘Government support is critical for providing PLI in electrolyser manufacturing’: Dr RK Malhotra

‘Government support is critical for providing PLI in electrolyser manufacturing’: Dr RK Malhotra

Volvo Eicher JV eyes 23% growth in sales in FY-24

Volvo Eicher Commercial Vehicles (VECV), which sold 79,623 vehicles in fiscal year 2023, a 40 percent increase year on year (YoY), has set an internal target of 97,862 units in fiscal year 2024. If the plan of action is implemented, it will result in a 22.90 percent growth in the current fiscal year. In a… Continue reading Volvo Eicher JV eyes 23% growth in sales in FY-24

Recording over 40% in sales during FY23 on back of robust demand, VECV targets 23% growth in FY24

Recording over 40% in sales during FY23 on back of robust demand, VECV targets 23% growth in FY24 Volvo Eicher Commercial Vehicles (VECV), which sold 79,623 vehicles in fiscal year 2023, a 40 percent increase year on year (YoY), has set an internal target of 97,862 units in fiscal year 2024. If the plan of… Continue reading Recording over 40% in sales during FY23 on back of robust demand, VECV targets 23% growth in FY24

Sundram Fasteners (SFL) bags Supplier of the Year award from General Motors for tenth time

Sundram Fasteners (SFL) bags Supplier of the Year award from General Motors for tenth time Sundram Fasteners (SFL’s) Powertrain Components Division has received the prestigious Supplier of the Year award from General Motors (GM) at its 31st Annual Supplier of the Year awards. This marks the tenth time that SFL has received the award, underlining… Continue reading Sundram Fasteners (SFL) bags Supplier of the Year award from General Motors for tenth time

Volvo India going strong at Rs 4,250 crore revenue in 9MFY23

Volvo Group India’s consolidated revenue increased to Rs 4,250 crore in the first nine months of FY23. This is on the back of increased demand for trucks and construction equipment in line with improved industrial and infrastructure activities post Covid-19-led disruptions. The company had reported Rs 4,260 in total for FY22 and still less in… Continue reading Volvo India going strong at Rs 4,250 crore revenue in 9MFY23

In Conversation with Spinny’s Niraj Singh

The growing demand for safer personal mobility is driving the sales of pre-owned cars in India where only about 20 percent of the used car market is organised and the size is set to double in the next few years with increased buyer ask for trust and transparency. Niraj Singh, Founder and CEO of Spinny,… Continue reading In Conversation with Spinny’s Niraj Singh