Honda Motorcycle & Scooter India (HMSI), a late entrant in the country’s electric two-wheeler (E2W) segment, is in no rush to flood the market with EVs. Instead, the Japanese giant is closely monitoring the ownership experiences of early adopters to shape its long-term electric strategy. With an eye on battery deterioration patterns, Honda intends to… Continue reading Honda’s Slow but Steady EV Play: Japanese Giant Watches India’s First-Gen E2W Battery Cycles Before Accelerating Push
Author: Autocar_Professional India Online News
See Margin Under Pressure in Q1 Due to Steel Price Spike: Ashok Leyland CEO
Ashok Leyland is bracing for short-term margin pressure in the first quarter of FY26 due to rising steel prices following the imposition of safeguard duties. However, the company remains optimistic that commodity volatility will ease by the second quarter, limiting the full-year impact on profitability. “We are looking at certain challenges as far as commodity… Continue reading See Margin Under Pressure in Q1 Due to Steel Price Spike: Ashok Leyland CEO
Ashok Leyland Targets Deeper LCV Play, Eyes 25% Market Share in Sub-3.5 Tonne Segment: CEO Agarwal
Ashok Leyland is gearing up for a significant expansion in the light commercial vehicle (LCV) segment, Managing Director & CEO Shenu Agarwal said on Thursday. The company aims to broaden its product portfolio and boost its market share. “We see a huge headroom in expanding our LCV business,” Agarwal said during a post-results briefing. “Currently,… Continue reading Ashok Leyland Targets Deeper LCV Play, Eyes 25% Market Share in Sub-3.5 Tonne Segment: CEO Agarwal
Suzuki Motorcycle India Begins Production of First Electric Scooter
Suzuki Motorcycle India Pvt. Ltd. (SMIPL) has started production of its first electric scooter, the Suzuki e-ACCESS, at its manufacturing facility in Gurugram. The e-ACCESS was first displayed at the Bharat Mobility Global Expo 2025 and represents Suzuki’s entry into India’s electric two-wheeler market. The scooter is positioned as a mobility solution for urban commuting.… Continue reading Suzuki Motorcycle India Begins Production of First Electric Scooter
MINI India Announces Price Protection Program for Cooper S
MINI India has launched a price protection assurance program for the MINI 3-Door Cooper S, offering customers refunds if the vehicle’s price drops within 180 days of purchase. The program covers vehicles purchased from May 23 onwards. If MINI reduces the Cooper S price during the 180-day period, authorized dealerships will refund the difference between… Continue reading MINI India Announces Price Protection Program for Cooper S
Ashok Leyland Gears Up for FY26 with Three-Pronged Growth Strategy, Optimism on Demand Revival
Ashok Leyland is entering FY26 with confidence, outlining a focused three-pillar strategy to enhance profitability and market presence, buoyed by a strong cash position and macroeconomic tailwinds in the commercial vehicle (CV) space. “We are very, very clear that going forward, our strategy will revolve around three core levers,” said Shenu Agarwal, Managing Director &… Continue reading Ashok Leyland Gears Up for FY26 with Three-Pronged Growth Strategy, Optimism on Demand Revival
Ashok Leyland Accelerates Multi-Fuel Strategy, Bets on EVs and LNG Ahead of Hydrogen Adoption
Ashok Leyland Ltd, India’s second-largest commercial vehicle maker, is ramping up its efforts across the entire spectrum of alternate fuels. Its near-term focus is on battery electric and liquefied natural gas (LNG), even as it continues to invest in hydrogen-powered solutions for the long term. “We are working on all kinds of alternative fuels,” said… Continue reading Ashok Leyland Accelerates Multi-Fuel Strategy, Bets on EVs and LNG Ahead of Hydrogen Adoption
Ashok Leyland Plans ₹1,000-Crore Capex for FY26, Eyes Strategic Investments in Group Cos
India’s second-largest commercial vehicle maker, Ashok Leyland, has reaffirmed its commitment to future growth by maintaining its capital expenditure at ₹1,000 crore for FY26, mirroring the outlay in FY25. The company also indicated it will continue to strategically invest in key group subsidiaries like Switch Mobility’s India unit and Hinduja Leyland Finance, depending on emerging… Continue reading Ashok Leyland Plans ₹1,000-Crore Capex for FY26, Eyes Strategic Investments in Group Cos
Ashok Leyland’s Record FY25 Driven by EV Surge and Product Push, CFO Says
Ashok Leyland Ltd, India’s second-largest commercial vehicle maker, capped FY25 with record profitability, driven by a surge in electric vehicle (EV) orders and new product launches, even as domestic small commercial vehicle growth lagged, Chief Financial Officer K.M. Balaji said on Friday. “Ashok Leyland continues to focus on product innovation to meet dynamic customer and… Continue reading Ashok Leyland’s Record FY25 Driven by EV Surge and Product Push, CFO Says
Switch Mobility Drives Ashok Leyland’s FY25 Success with EBITDA Break-Even
Switch Mobility, the electric vehicle (EV) subsidiary of Ashok Leyland, achieved a significant milestone by posting a double-digit EBITDA margin in Q4 FY25 and reaching EBITDA break-even for the full financial year, Executive Chairman Dheeraj Hinduja announced on Friday. “Switch India, the EV subsidiary of our company, ended FY25 on a strong note, delivering double-digit… Continue reading Switch Mobility Drives Ashok Leyland’s FY25 Success with EBITDA Break-Even