Amid slowing sales and falling market share, Vinay Pathak, VP and Business Head for Small Commercial Vehicle at Tata Motors, has resigned. A Tata Motors veteran who earlier was the CEO of its Bus JV Tata Marcopolo and the head of Product Planning and Program Management exited the company after spending over three decades there.… Continue reading EXCLUSIVE: Vinay Pathak, VP and Head of SCV Business at Tata Motors, steps down
Author: Autocar_Professional India Online News
Sany India eyes more than 3X growth in revenue to Rs 30,000 crore by 2030
Banking on the robust domestic market and export potential, construction equipment manufacturer Sany India has set a target of Rs 30,000 crore in annual revenue by the end of this decade, according to a senior company official. This represents more than three-fold growth in its topline from the current level. “This year’s revenue will be… Continue reading Sany India eyes more than 3X growth in revenue to Rs 30,000 crore by 2030
Jaya Hind Industries installs India’s largest 4400-ton high-pressure die-casting machine
Jaya Hind Industries Pvt Ltd has installed India’s largest 4400-tonne high-pressure die-casting machine at its Urse plant near Pune. Sourced from Buhler-Switzerland, this machine underscores Jaya Hind’s commitment to technological innovation and its pursuit of excellence in manufacturing. The development marks a new era for India’s aluminum casting industry, enabling the production of complex structural… Continue reading Jaya Hind Industries installs India’s largest 4400-ton high-pressure die-casting machine
EVs now contribute 20% to Bajaj Auto’s domestic revenues: Rakesh Sharma
Bajaj Auto’s electric vehicle (EV) journey is gaining significant traction, with EVs now accounting for 20% of the company’s domestic revenue. Executive Director Rakesh Sharma said that this milestone is a testament to the company’s strategic focus on electrification and innovation at the Chetak 35 series launch in Pune. With its flagship Chetak electric scooter… Continue reading EVs now contribute 20% to Bajaj Auto’s domestic revenues: Rakesh Sharma
UK car manufacturing hits 44 year low in November: Report
UK car manufacturing hit its lowest November output since 1980, as the industry tackles the shift to zero emissions and increasing costs, as per data released on Friday by SMMT- the Society of Motor Manufacturers and Traders, Reuters noted. Factory lines produced 64,216 units in November, which translates to a drop of 30.1% from the… Continue reading UK car manufacturing hits 44 year low in November: Report
Bajaj Auto launches next-gen Chetak with 153km range at Rs 120,000
Bajaj Auto took the covers off the next-generation Chetak electric scooter today. The latest avatar of the Chetak is based on a new platform and gets additional features. At present, the Chetak is available in three variants. Prices for the Chetak start at Rs 120,000 and go up to Rs 127,000 (ex-showroom, India). The next-generation… Continue reading Bajaj Auto launches next-gen Chetak with 153km range at Rs 120,000
Bajaj Auto launches next-gen Chetak with 153km range at Rs 120,000
Bajaj Auto took the covers off the next-generation Chetak electric scooter today. The latest avatar of the Chetak is based on a new platform and gets additional features. At present, the Chetak is available in three variants. Prices for the Chetak start at Rs 120,000 and go up to Rs 127,000 (ex-showroom, India). The next-generation… Continue reading Bajaj Auto launches next-gen Chetak with 153km range at Rs 120,000
Auto PLI secures investment worth Rs 20,715 crore reports incremental sales of Rs 10,472 crore: IANS
The PLI Scheme for auto components industry and automobile has raked in investment worth Rs 20,715 crore and Rs 10,472 in incremental sales, (as of September), with the first incentive disbursement slated for FY2024-25, the government noted on Thursday. As per the Ministry of Heavy Industries, 82 applications from the 115 received, have been approved,… Continue reading Auto PLI secures investment worth Rs 20,715 crore reports incremental sales of Rs 10,472 crore: IANS
Over 30 car and bike OEMs at Bharat Mobility Global Expo 2025
The Bharat Mobility Global Expo 2025, organised by the Society of Indian Automobile Manufacturers (SIAM), will be held between January 17 and 22, 2025 in New Delhi. The number of two- and four-wheeler brands participating in next year’s edition is said to be more than those of the first edition held this year. Here is the… Continue reading Over 30 car and bike OEMs at Bharat Mobility Global Expo 2025
Auto manufacturing countries urge EU to waive Co2 fines: Report
Leaders of major auto hubs such as Germany, Czech Republic and Italy put pressure on Brussels on Thursday to do away with financial penalties on carmakers that do not meet thee EU emissions target from next year, Reuters reported. German Chancellor Olaf Scholz noted after a summit of EU leaders, that it did not make… Continue reading Auto manufacturing countries urge EU to waive Co2 fines: Report