Land Rover to unveil Defender Octa later this year

Land Rover will unveil the new Defender Octa later this year. Previously thought to carry the long-dormant SVX branding, the radical new Defender will be the first car to wear the new ‘Octa’ badge, which JLR says will be used for all future range-topping Defender models. The name ‘Octa’ is said to come from the octahedron shape of… Continue reading Land Rover to unveil Defender Octa later this year

Suzuki to launch V-Strom 800DE in India soon

After being spotted testing in India last year and being showcased at the Bharat Mobility Expo earlier this year, we can now confirm that the Suzuki V-Strom 800DE will launch in India soon. The V-Strom 800DE is based on Suzuki’s new liquid-cooled, 776cc, 270-crank parallel-twin engine, which is rated for 84.3hp and 78Nm. The V-Strom… Continue reading Suzuki to launch V-Strom 800DE in India soon

Hero patents new Vida e-scooter design

As we had reported earlier, Hero MotoCorp has plans to expand the Vida lineup and to that end the company has now patented a new electric scooter’s design.  From the looks of things, this new Vida model appears to be a cost-effective offering. The front drum brake, the more basic leading link front suspension setup and… Continue reading Hero patents new Vida e-scooter design

Hero patents new Vida e-scooter design

As we had reported earlier, Hero MotoCorp has plans to expand the Vida lineup and to that end the company has now patented a new electric scooter’s design.  From the looks of things, this new Vida model appears to be a cost-effective offering. The front drum brake, the more basic leading link front suspension setup and… Continue reading Hero patents new Vida e-scooter design

Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030

Satyakam Arya, Managing Director and CEO of Daimler India Commercial Vehicles expects the commercial vehicle industry in India to clock a CAGR (Compound Annual Growth Rate) of close to 5% over the next six years.   Arya anticipates the truck segment to reach 450,000 units by 2030, a significant increase from the estimated 330,000–350,000 units expected… Continue reading Daimler India CEO expects 10-55 tonne CV market to cross half-million mark by 2030

Prawaas 4.0 to be held from August 29-31 at BIEC

The Bus and Car Operators Confederation of India (BOCI) has announced the 4th edition of Prawaas 4.0, India’s premier Multimodal Transport Show, scheduled to take place from August 29-31 at the Bangalore International Exhibition Centre (BIEC). With the overarching theme of “Safe, Smart, and Sustainable Passenger Mobility,” Prawaas 4.0 aims to bring together all stakeholders… Continue reading Prawaas 4.0 to be held from August 29-31 at BIEC

Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth

Daimler India Commercial Vehicles – the local subsidiary of Europe’s largest truck maker Daimler AG,  registered a record performance in 2023, with strong double-digit growth.  During the last calendar year, Daimler India Commercial Vehicles (DICV) posted 39% growth in domestic sales and 13% growth in cumulative sales for the entire year. Effectively, the company posted… Continue reading Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth

Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth

Daimler India Commercial Vehicles – the local subsidiary of Europe’s largest truck maker Daimler AG,  registered a record performance in 2023, with strong double-digit growth.  During the last calendar year, Daimler India Commercial Vehicles (DICV) posted 39% growth in domestic sales and 13% growth in cumulative sales for the entire year. Effectively, the company posted… Continue reading Daimler India Commercial Vehicles posts record year in 2023, sales and revenue see over 20% growth

Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports

Makoto Uchida, the global CEO of Nissan Motor Corporation says the company is redesigning its strategy with the joint venture Renault in India.   As part of its revamped plan, Nissan Motor not only expects its product portfolio to increase to 4 models in the next three years, but it also plans on bringing in… Continue reading Nissan Motor India to build portfolio of 4 cars, expects equal share from domestic market, exports

Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April

Ashok Leyland, the flagship company of the Hinduja Group, and the second largest commercial vehicle manufacturer in India has declared an interim dividend of Rs 4.95 per equity share for the financial year ending 2023-24, the company said in an exchange notification on 25 March 2024.  “The Board of Directors of the Company, at their… Continue reading Ashok Leyland declares interim dividend of Rs 4.95 per share, record date fixed for 3 April