Autocar_Professional India Online News – Page 404

How Bajaj Auto Plans to Steer KTM Back from the Brink

The sleek, orange-hued machines of KTM—long synonymous with “Ready to Race” performance—faced their most formidable challenge yet, not on a dirt track or MotoGP circuit, but in the unforgiving arena of global finance. After a near brush with insolvency, KTM is now on the road to revival—powered by Bajaj Auto’s decisive financial intervention and a… Continue reading How Bajaj Auto Plans to Steer KTM Back from the Brink

Genesys International Reports 160% Jump in Annual Profit on Strong Mapping Demand

Genesys International Corporation reported a 160% increase in annual profit for the financial year ended March 2025, with net profit rising to Rs 56.10 crore from Rs 21.61 crore in the previous year. The Mumbai-based mapping services company also recorded revenue growth of 55% to Rs 315.39 crore. The company’s earnings before interest, taxes, depreciation… Continue reading Genesys International Reports 160% Jump in Annual Profit on Strong Mapping Demand

Bajaj Auto to Launch E-Rickshaw in July; Aims to Play in 40,000-Unit Monthly Segment

Bajaj Auto Ltd. is set to launch an electric rickshaw under its recently unveiled brand, ‘GoGo’, by early July 2025. The move signals the company’s ambition to secure a leadership position in India’s growing electric three-wheeler segment. Rakesh Sharma, Executive Director at Bajaj Auto, said that the company has already established strong momentum in the… Continue reading Bajaj Auto to Launch E-Rickshaw in July; Aims to Play in 40,000-Unit Monthly Segment

Amara Raja Delays Start of Operations at Li-ion Cell Plant to FY27

India’s largest lead-acid battery maker, Amara Raja Energy and Mobility Ltd, is slightly delaying its plans to start operations at its upcoming Gigafactory for lithium-ion cell manufacturing to the financial year 2027. Earlier, the company had said it was looking to start the first production of cells in FY26. In its investor presentation, the Hyderabad-based… Continue reading Amara Raja Delays Start of Operations at Li-ion Cell Plant to FY27

Indian EV Makers Push Back Against Hybrid Vehicle Inclusion in Government Fleets: Reuters

Leading Indian automobile manufacturers are actively opposing efforts by a pollution control authority to include hybrid vehicles alongside electric cars in government fleet recommendations for the Delhi region, according to internal documents accessed by Reuters. Major automakers including Mahindra & Mahindra and Tata Motors have submitted formal appeals to India’s heavy industries ministry, urging officials… Continue reading Indian EV Makers Push Back Against Hybrid Vehicle Inclusion in Government Fleets: Reuters

Amara Raja Energy & Mobility Reports 10.2% Annual Revenue Growth in FY25, Declares Final Dividend of ₹5.20

Amara Raja Energy & Mobility Limited (ARE&M), a prominent player in the energy and mobility sector, reported a 10.2% increase in revenue for FY25, with the figure rising to ₹12,405 crore compared to ₹11,260 crore in FY24. The company also declared a final dividend of ₹5.20 per share. The profit before tax (PBT) for the… Continue reading Amara Raja Energy & Mobility Reports 10.2% Annual Revenue Growth in FY25, Declares Final Dividend of ₹5.20

Yamaha Launches 5-Year Roadside Assistance Program for Indian Customers

India Yamaha Motor Pvt. Ltd. has introduced a 5-year roadside assistance program priced at Rs 975, marking another step in the company’s customer service expansion as it completes four decades of operations in India. The program provides 24-hour support nationwide and covers multiple emergency scenarios including vehicle breakdowns, accidents, battery failures, flat tires, minor repairs,… Continue reading Yamaha Launches 5-Year Roadside Assistance Program for Indian Customers

Bajaj Auto to Launch New Entry-Level Chetak in June, Eyes Portfolio Expansion in FY26

Bajaj Auto Ltd., a leading player in India’s electric two-wheeler segment, is set to launch a new entry-level Chetak electric scooter in June. The move is part of the company’s broader strategy to further strengthen its position in the rapidly growing electric mobility market. The new variant will build upon the success of the Chetak… Continue reading Bajaj Auto to Launch New Entry-Level Chetak in June, Eyes Portfolio Expansion in FY26

Bajaj Auto to Launch New Entry-Level Chetak in June, Eyes Portfolio Expansion in FY26

Hyundai Motor India Appoints Pankaj Tripathi as Brand Ambassador

Hyundai Motor India Limited announced the appointment of actor Pankaj Tripathi as its brand ambassador on Thursday, marking the company’s latest effort to connect with Indian consumers through celebrity endorsements. The partnership positions Tripathi alongside the automaker’s existing roster of brand ambassadors as the company competes in India’s competitive automotive market. Tripathi, known for his… Continue reading Hyundai Motor India Appoints Pankaj Tripathi as Brand Ambassador