Autocar_Professional India Online News – Page 1740

Cummins announces investments of more than US$1 billion across U.S. manufacturing network

Cummins announces investments of more than US$1 billion across U.S. manufacturing network US conglomerate Cummins is investing over US$1 billion across it’s engine manufacturing network in Indiana, North Carolina and New York. This coincides with President Biden’s visit to Cummins in Fridley, Minnesota, as part of his Investing in America tour. “I am delighted that… Continue reading Cummins announces investments of more than US$1 billion across U.S. manufacturing network

Cummins announces investments of more than US$1 billion across U.S. manufacturing network

Mahindra & Mahindra achieves best-ever sales in FY2023: 359,253 units, up 59%

Mahindra & Mahindra (M&M) has wrapped up FY2023 on a very strong note. The company’s passenger vehicle division has reported total wholesales of 359,253 units, which constitutes handsome 59% year-on-year growth (FY2022: 225,895 units). The FY2023 total marks the company’s highest-ever sales in a fiscal, accelerating ahead of FY2019’s 254,351 units (see 10-year sales data… Continue reading Mahindra & Mahindra achieves best-ever sales in FY2023: 359,253 units, up 59%

New Hero 200cc bike design leaked online

A new design patent has given us a glimpse of what Hero’s next bike could look like, and it seems like a new 200cc model. The first impression of the design is that it looks like a beefier Xtreme 160R, and perhaps this new bike could fill the void left by the erstwhile Xtreme 200R.… Continue reading New Hero 200cc bike design leaked online

Customers have started to move towards larger/more powerful vehicles across all segments: ACMA Automechanika New Delhi

Customers have started to move towards larger/more powerful vehicles across all segments: ACMA Automechanika New Delhi Private and commercial vehicle production in 2022 increased by nearly 20 percent and roughly 30 percent respectively, on increased demand and fewer supply chain disruptions as compared to FY21. That’s the word coming in from the Auto Components Industry… Continue reading Customers have started to move towards larger/more powerful vehicles across all segments: ACMA Automechanika New Delhi

Customers have started to move towards larger/more powerful vehicles across all segments: ACMA Automechanika New Delhi

VE Commercial Vehicles total sales up 35% in March at 11,906 units

VE Commercial Vehicles, a Volvo Group and Eicher Motors joint venture, recorded a 35.2 percent increase in total sales at 11,906 units in March 2023 as compared to 8,803 units in the same month year ago. This includes 11,677 units of Eicher brand and 229 units of Volvo brand, the company said in a release. … Continue reading VE Commercial Vehicles total sales up 35% in March at 11,906 units

Mahindra Tractor domestic sales jump 20% at 33,622 units in March

Mahindra & Mahindra’s Farm Equipment Sector, part of the Mahindra Group, announced 20 percent increase in domestic sales in March 2023 at 33,622 units, as against 28,112 units during the same month last year. Total tractor sales (Domestic + Exports) during March 2023 were at 35,014 units, as against 29,763 units for the same period… Continue reading Mahindra Tractor domestic sales jump 20% at 33,622 units in March

Lithium-ion battery recycling firm Metastable Materials secures funding led by Sequoia India’s Surge, Speciale Invest and Theia Ventures

Lithium-ion battery recycling firm Metastable Materials secures funding led by Sequoia India’s Surge, Speciale Invest and Theia Ventures Bengaluru-based recycling firm Metastable Materials, which specialises in lithium-ion batteries, has secured seed funding led by Sequoia India’s Surge, Speciale Invest and Theia Ventures, and other angel investors. The angel investors are Akshay Singhal, Co-founder and CEO… Continue reading Lithium-ion battery recycling firm Metastable Materials secures funding led by Sequoia India’s Surge, Speciale Invest and Theia Ventures