M&M sets new records with 54,504 SUV sales in October 2024

Leading automotive manufacturer in India, Mahindra & Mahindra Ltd. recorded its highest-ever SUV sales of 54,504 vehicles in the domestic market in October 2024. The company reported a 25% growth in its SUV segment, while the total sales volume reached a historic high of 96,648 vehicles, including exports. The automotive giant’s performance was highlighted by… Continue reading M&M sets new records with 54,504 SUV sales in October 2024

M&M sets new records with 54,504 SUV sales in October 2024

Leading automotive manufacturer in India, Mahindra & Mahindra Ltd. recorded its highest-ever SUV sales of 54,504 vehicles in the domestic market in October 2024. The company reported a 25% growth in its SUV segment, while the total sales volume reached a historic high of 96,648 vehicles, including exports. The automotive giant’s performance was highlighted by… Continue reading M&M sets new records with 54,504 SUV sales in October 2024

Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Here’s a good reason why automakers, both electric and ICE, bank on India’s festive season to deliver the goods. After a dismal September, when retail sales of electric cars, SUVs and MPVs fell to a 17-month low of 6,098 units, electric passenger vehicle manufacturers have plenty of reason to celebrate the festive season and Diwali… Continue reading Electric cars and SUVs race to best-ever monthly sales of 10,500 units in festive October

Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back

Festive October turned out to be an electrifying month for manufacturers of electric two-wheelers. At 139,031 units, retail sales in October 2024, which ushered in the 32-day festive season across India, registered handsome 85% year-on-year growth (October 2023: 75,164 units). October 2024’s retails of 139,031 units are the e2W industry’s second-best monthly performance after the… Continue reading Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back

Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back

Festive October turned out to be an electrifying month for manufacturers of electric two-wheelers. At 139,031 units, retail sales in October 2024, which ushered in the 32-day festive season across India, registered handsome 85% year-on-year growth (October 2023: 75,164 units). October 2024’s retails of 139,031 units are the e2W industry’s second-best monthly performance after the… Continue reading Electric 2W sales rocket 85% in October to 139,000 units, TVS regains lead over Bajaj, Ola bounces back

Bosch slashes revenue forecast for coming year, layoffs a possibility: Report

Bosch Chairman Robert Bosch noted on Thursday  that revenues could decline in the coming year, and said that additional job cuts could be a possibility over and above the 7000 ones already announced in Germany, Reuters reported.  The announcement, made in an interview with chairman Stefan Hartung published by Der Tagesspiegel newspaper on Thursday adds… Continue reading Bosch slashes revenue forecast for coming year, layoffs a possibility: Report

Volkswagen India delivers 200 cars in Punjab on Dhanteras

Volkswagen Passenger Cars India marked a milestone this Dhanteras with the delivery of 200 vehicles across its retail outlets in Punjab. The deliveries showcase the German automaker’s growing popularity in the region, particularly with its premium sedan, the Volkswagen Virtus, which maintains its position as the segment leader in Punjab since its launch. The brand… Continue reading Volkswagen India delivers 200 cars in Punjab on Dhanteras

Quantron AG begins provisional insolvency process focusing on long term operations

Provisional insolvency proceedings are underway at Quantron AG, a company specialising in sustainable battery-electric and hydrogen-electric mobility for trucks and buses. The Augsburg Local Court has appointed Constantin Graf Salm-Hoogstraeten from the restructuring law firm BBL as the provisional insolvency administrator, tasked with assessing the company’s financial standing and overall situation. Salm-Hoogstraeten stated that his… Continue reading Quantron AG begins provisional insolvency process focusing on long term operations