Tata Motors’ CSR efforts in the last fiscal impacted close to 8 lakh lives, the company said in a press note at the release of its 8th Annual Corporate Social Responsibility (CSR) report. It said the various initiatives that include water security, health (including Covid), skilling and others. The company’s CSR priorities include four key areas… Continue reading Tata’s CSR efforts benefit 800,000 lives
Author: Autocar_Professional India Online News
Indian component industry clocks highest-ever turnover in FY2022, grows 23%, trade surplus for first time
The Automotive Component Manufacturers Association of India (ACMA) has announced the findings of its performance review for FY2022. And it’s all good news – turnover is up 23% at Rs 4.20 lakh crore (US$ 56.5 billion), sales to OEMs grew 22% on back of recovery in the market; exports have jumped 43% along with 33% rise… Continue reading Indian component industry clocks highest-ever turnover in FY2022, grows 23%, trade surplus for first time
McLaren confirms India market entry, first dealership in Mumbai
The booming luxury vehicle market in India just got new competition. British luxury supercar maker McLaren Automotive has confirmed its imminent entry into the Indian market, the brand’s 41st global territory. With the opening of first retail outlet McLaren Mumbai in October, McLaren’s arrival in India forms a key part of the marque’s global expansion… Continue reading McLaren confirms India market entry, first dealership in Mumbai
Honda begins despatching new CB300F from Gujarat factory
L-R: Naveen Awal, Director, Production; Manish Dua, Operating Officer (V-Plant), Atsushi Ogata, MD, President & CEO, HMSI, Akira Toyama, EVP (V-Plant) and Takahiro Honda, Chief Production Officer. Two weeks after it launched the new CB300F, Honda Motorcycle & Scooter India (HMSI) has commenced all-India despatches of the all-new midsize motorcycle from its fourth factory at Vithalapur,… Continue reading Honda begins despatching new CB300F from Gujarat factory
TVS increases scooter market share to 24%, Okinawa grabs 2.5%
As two-wheeler OEMs gear up for the festive season in India, which begins later this month, the marked uptick in their wholesale numbers for both scooters and motorcycles also reflects a mood of cautious optimism. In the April-July 2022 period, a total of 5,105,836 two-wheelers were despatched, up 39% YoY. This comprised 16,87,062 scooters (up… Continue reading TVS increases scooter market share to 24%, Okinawa grabs 2.5%
New Brezza and Grand Vitara drive up Maruti Suzuki’s pending orders to 387,000 units
Passenger vehicle market leader Maruti Suzuki India currently has a ‘problem’ of plenty. The company has new vehicle bookings of 387,000 units. This number was around 280,000 units in Q1 FY2023, but strong customer demand for the new Brezza compact SUV, launched on June 30 at Rs 799,000, and the midsized Maruti Grand Vitara, unveiled… Continue reading New Brezza and Grand Vitara drive up Maruti Suzuki’s pending orders to 387,000 units
Tata Motors increases UV market share to 19 percent
Tata Motors continues to expand its market share in the utility vehicle (UV) market. The company, which took the lead in Q1 FY2023 (April-June 2022) with wholesales of 97,943 UVs, continues to stay on top, ahead of Maruti Suzuki India and Mahindra & Mahindra. In a span of just four months, the company has jumped… Continue reading Tata Motors increases UV market share to 19 percent
Martin Uhlarik: It’s a designer’s job to channel concept through the production process
In a time where software often calls the shots with hardware, Tata Motors’ Global Design Head, Martin Uhlarik, says vehicle designers have an all-encompassing responsibility from styling through to production. With new-age cars becoming even more radical in their styling, what ends up in the customer’s front porch might be markedly different from what was first… Continue reading Martin Uhlarik: It’s a designer’s job to channel concept through the production process
AP Exclusive: Tyre manufacturers baulk at new regulations, reveals RTI
Pushing the industry to adopt and implement new government mandates is easy on paper but not so easy to action if sufficient time is not factored in. India’s tyre manufacturing community is not happy with the latest government-mandated directives. While the government claims that it wants to revisit technical requirements of rolling resistance, wet grip and… Continue reading AP Exclusive: Tyre manufacturers baulk at new regulations, reveals RTI
Domestic CV volumes in FY2023 likely to cross FY2018’s 850,000 sales
While the passenger vehicle market continues to fire on cylinders since the past year, thanks to the surging demand for SUVs, the uptick in the Indian economy and the increased government spend in infrastructure development is driving much-needed growth into the commercial vehicle industry. Commercial vehicle wholesales numbers in the first quarter (April-July 2022) indicate… Continue reading Domestic CV volumes in FY2023 likely to cross FY2018’s 850,000 sales