Autocar_Professional India Online News – Page 328

Hero MotoCorp records 7% growth in CY24; December sales declines by 17%

Hero MotoCorp, the largest two-wheeler manufacturer achieved a 7.5% growth in sales in calendar year 2024. The sales increased to 59 lakh units in 2024, from 54 lakh in the year ago period. However, the December sales volume dropped by 17.5% on-year to 324,906 units. The company dispatched 294,152 two-wheelers in the domestic market in… Continue reading Hero MotoCorp records 7% growth in CY24; December sales declines by 17%

Force Motors to supply 2,429 ambulances to Uttar Pradesh health department

Force Motors Limited, a prominent manufacturer of commercial and specialty vehicles in India, has been awarded a contract by the Uttar Pradesh Government Health Department to supply 2,429 ambulances. The Force Traveller Ambulance, widely used across the country, has been chosen for its suitability for emergency medical transportation. Designed to cater to various healthcare… Continue reading Force Motors to supply 2,429 ambulances to Uttar Pradesh health department

NEWSMAKER 2024: Nitin Gadkari – The Road Builder…

The year 2024 has been crucial for Nitin Gadkari, India’s Union Minister for Road Transport and Highways, as he goes about his mission of corralling support for the country’s sustainable transportation agenda. Known for his straightforward speeches and practical approach, Gadkari has led policies that are transforming India’s transportation sector and advancing its role in… Continue reading NEWSMAKER 2024: Nitin Gadkari – The Road Builder…

NEWSMAKER 2024: Nitin Gadkari – The roadbuilder…

‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar

With demand for Toyota Kirloskar’s SUVs, cars and MUVs at an alltime high, the automaker is determined to expanding its production capacity and reduce the waiting time for its models, says Managing Director and CEO Masakazu Yoshimura. In the interview, he also talks about how Toyota’s global alliance with Suzuki is performing, the company’s journey… Continue reading ‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar

TVS Motor records 7% YoY growth in December sales

TVS Motor Company’s December sales increased by 7% on-year to 321,687 units. While two-wheeler sales increased by 8%, three-wheeler sales fell by 18% in December, 2024. The company witnessed a rise in total two-wheeler sales to 312,002 units in December from 290,064 units in the same month last year. Of this, it sold 215,075 units… Continue reading TVS Motor records 7% YoY growth in December sales

Govt to disburse incentives under PLI Auto scheme from Q4FY25

The government expects to start disbursing the incentives under the production-linked incentive (PLI) scheme for automobile and auto components in the January-March quarter of the current financial year 2025, according to the Ministry of Heavy Industries. The Rs 25,938 crore output-linked incentive scheme was launched in 2021 to boost domestic manufacturing of advanced automotive technology… Continue reading Govt to disburse incentives under PLI Auto scheme from Q4FY25

Renault India introduces standard 3-Year warranty, extended coverage options

Renault India, a subsidiary of the Renault Group, has announced a standard 3-year or 1,00,000 km warranty for all vehicles delivered from January 1, 2025. This warranty covers mechanical and electrical issues related to material defects, workmanship, or manufacturing faults, aiming to enhance customer confidence in Renault’s products. Additionally, the company has introduced extended… Continue reading Renault India introduces standard 3-Year warranty, extended coverage options

After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025

Mahindra Group concluded 2024 achieving record-breaking growth across its business verticals and is setting the stage for an ambitious 2025. In a message to associates, Managing Director and CEO Anish Shah said that Mahindra’s balanced portfolio across the Auto, Farm, and Services sectors has been instrumental in its success, contributing significantly to profitability while establishing… Continue reading After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025