Autocar_Professional India Online News – Page 28

Retail auto sales surge 32% in October 2024 on festive season high

The Indian automotive sector witnessed a remarkable surge in retail sales during October 2024, with overall vehicle sales jumping 32% year-over-year, driven by the convergence of major festivals and strong rural demand. According to data released by the Federation of Automobile Dealers Associations (FADA), total vehicle retail sales reached 28,32,944 units in October 2024, compared… Continue reading Retail auto sales surge 32% in October 2024 on festive season high

EXCLUSIVE: Sharad Agarwal steps down as head of Lamborghini India, joins Classic Legends as CBO

Sharad Agarwal has stepped down as the head of Lamborghini India. Sources say that he has joined Classic Legends as its Chief Business Officer. Agarwal has assumed his new role this week and will report to the CEO Ashish Joshi. Agarwal who started his career with TVS Motor Company is seen as a turnaround specialist and has… Continue reading EXCLUSIVE: Sharad Agarwal steps down as head of Lamborghini India, joins Classic Legends as CBO

Entry into EV next big chapter for Royal Enfield, says Siddhartha Lal

Eicher Motors-owned mid-size premium motorcycle maker Royal Enfield has unveiled its new electric vehicle brand Flying Flea with plans to launch two electric motorcycles by early 2026. Siddhartha Lal, the managing director of Eicher Motors, said Flying Flea is the next big chapter in Royal Enfield’s future journey. “This is the next chapter in the… Continue reading Entry into EV next big chapter for Royal Enfield, says Siddhartha Lal

Hero MotoCorp to start UK, Europe operations in 2025 with Vida Z

Setting eyes on global business and electric mobility, India’s largest two-wheeler maker, Hero MotoCorp today announced plans to expand its operations to the United Kingdom and Europe with the Vida brand in the second half of 2025. “We will very soon launch operations in the UK and across Europe, led by our electric vehicle brand Vida.… Continue reading Hero MotoCorp to start UK, Europe operations in 2025 with Vida Z

Hero MotoCorp to start operations in UK, Europe with Vida

Setting eyes on global business and electric mobility, India’s largest two-wheeler maker today announced plans to expand its operations to the United Kingdom and Europe with the Vida brand. The operations are likely to start in 2024-2025. “We will very soon launch operations in the UK and across Europe, led by our electric vehicle brand Vida. This expansion… Continue reading Hero MotoCorp to start operations in UK, Europe with Vida

JK Tyre to hike prices in Q3 amid input cost pressure

JK Tyre & Industries Ltd is likely to further increase the price of its tyres during the October-December quarter to offset the impact of commodity price inflation seen in the previous quarters. The price hike is likely to be in 1-2% and the management does not expect the hike to impact the demand, the company’s… Continue reading JK Tyre to hike prices in Q3 amid input cost pressure

Piaggio group unveils expanded range of Motorbikes and Scooters at EICMA 2024

Aprilia introduces its refreshed lineup, including the awaited Tuareg Rally, inspired by the model that won the Africa Eco Race, and the Tuono 457, a lightweight, high-performance naked sports bike aimed at younger riders. Aprilia also showcases its updated Factory range, featuring prominent models like the RS 660, Tuono 660, Tuono V4, and RSV4, the… Continue reading Piaggio group unveils expanded range of Motorbikes and Scooters at EICMA 2024

Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

Sundram Fasteners Limited (SFL’s) consolidated net profit for the quarter ended September 30, 2024 stood at Rs 143.84 crore as compared to Rs 133.05 crore during the previous year. The company’s consolidated revenue from operations posted for the quarter ended September 30, 2024 was at Rs 1,486.04 crore as compared to Rs 1,421.82 crore during… Continue reading Sundram Fasteners reports highest ever consolidated net profit at Rs 143.84 crore in Q2

EICMA 2024: Honda showcases e-bike concepts, electric scooter

Last year at EICMA, Honda had a diverse lineup on offer and this year too, Big Red continues that trend. The Japanese giant has shown a range of electric scooter and bike concepts at the show, with one e-scooter slated to go into production soon. Honda CUV e: electric scooter The CUV e: electric scooter… Continue reading EICMA 2024: Honda showcases e-bike concepts, electric scooter