Autocar_Professional India Online News – Page 333

Tesla Board Initiates Search for CEO to Succeed Elon Musk

Tesla’s board of directors has begun searching for a successor to Elon Musk as chief executive officer of the electric vehicle manufacturer, according to sources familiar with the matter. The board initiated the process after Musk has increasingly devoted his attention to other companies, including his artificial intelligence startup xAI, social media platform X (formerly… Continue reading Tesla Board Initiates Search for CEO to Succeed Elon Musk

JSW MG Motor India Reports 23% Growth in April 2025 Sales

JSW MG Motor India recorded sales of 5,829 vehicles in April 2025, marking a 23% increase compared to the 4,725 units sold in April 2024, according to the company’s latest monthly report. The Windsor EV continues to drive this growth, maintaining its position as India’s best-selling electric vehicle for seven consecutive months since its launch.… Continue reading JSW MG Motor India Reports 23% Growth in April 2025 Sales

JSW MG Motor India Reports 23% Growth in April 2025 Sales

TVS Motor Has a Stellar April 2025, EV Shipments Up Nearly 60%

TVS Motor Company, one of India’s leading two-wheeler and three-wheeler manufacturers, has reported impressive sales growth across all segments for April 2025, a month when it managed to beat Ola and Bajaj to be No.1 in EV 2-wheeler sales on Vahan portal. Overall Performance Shows Double-Digit Growth According to the company’s official sales update released… Continue reading TVS Motor Has a Stellar April 2025, EV Shipments Up Nearly 60%

TVS Motor Has a Stellar April 2025, EV Shipments Up Nearly 60%

VST Tillers Tractors Reports Doubling of Sales in April 2025

The company’s flagship power tiller segment led the growth with sales of 2,003 units in April 2025, representing a substantial 117% increase from the 923 units sold in the same month last year. The tractor division also performed well, with sales growing by 52.4% to reach 317 units, up from 208 units in April 2024.… Continue reading VST Tillers Tractors Reports Doubling of Sales in April 2025

Kia India Reports 18.3% Growth in April Sales

Kia India reported a sales growth of 18.3% in April 2025, with 23,623 units sold in the domestic market compared to 19,968 units in April 2024, continuing its upward trajectory in the Indian automotive sector. The Sonet compact SUV remained the company’s best-selling model with 8,068 units, followed by the Seltos mid-size SUV at 6,135… Continue reading Kia India Reports 18.3% Growth in April Sales

After Strong March, Escorts Kubota Sees Decline in April Tractor Sales

Escorts Kubota Limited (EKL), one of India’s leading engineering conglomerates, has reported a modest sales decline in April 2025, following an exceptionally strong performance in March, according to the company’s latest regulatory filing dated May 1, 2025. The Agri Machinery Business Division sold 8,729 tractors in April 2025, representing a 1.2% decline compared to 8,839… Continue reading After Strong March, Escorts Kubota Sees Decline in April Tractor Sales

E2W OEMs open FY2026 with best-ever April sales, TVS is No. 1 for the first time

After wrapping up FY2025 with record sales of 1.14 million units, 21% YoY growth and a 58% share of India EV Inc’s retail sales, electric two-wheeler manufacturers in India have registered robust retail sales of 91,791 units in April 2025, up 40% YoY (April 2024: 65,555 units). This makes April 2025 the best April yet… Continue reading E2W OEMs open FY2026 with best-ever April sales, TVS is No. 1 for the first time

Ather Energy IPO Subscribed 1.5x

IPO subscribed 1.5x, led by strong retail and employee demand. Valued at Rs. 11,956 crore, at a premium to its larger rival Ola Electric. 19% gross margin, no PLI, strong R&D focus with 300 patents. Market share at 14.5%, boosted by Rizta and network expansion. New-age electric two-wheeler manufacturer Ather Energy has kickstarted India’s FY26… Continue reading Ather Energy IPO Subscribed 1.5x