Autocar_Professional India Online News – Page 7

Cabinet Approves ₹1 lakh crore RDI Scheme to Fuel Sunrise Sector Innovation

In a move to strengthen India’s innovation and research landscape, the Union Cabinet approved the Research Development and Innovation (RDI) Scheme with a corpus of ₹1 lakh crore. The scheme aims to catalyze private sector investment in research, development, and innovation, especially in sunrise and strategic sectors critical for national economic and technological advancement. The… Continue reading Cabinet Approves ₹1 lakh crore RDI Scheme to Fuel Sunrise Sector Innovation

Cabinet Approves ₹1 lakh crore RDI Scheme to Fuel Sunrise Sector Innovation

Honda Motorcycle & Scooter India Sales Decline 17% YoY in June

Honda Motorcycle & Scooter India (HMSI) reported total sales of 4,29,147 units in June 2025, registering a 17.3% year-on-year decline from the 5,18,799 units dispatched in June 2024. Of the total, domestic sales accounted for 3,88,812 units, while exports stood at 40,335 units. For the first quarter of FY26 (April–June 2025), HMSI’s cumulative sales reached… Continue reading Honda Motorcycle & Scooter India Sales Decline 17% YoY in June

Tata Motors Cedes Ground to MG and Mahindra in Electric PV Market

India’s electric passenger vehicle market is entering a pivotal phase, with the once-dominant Tata Motors steadily ceding ground to a new generation of electric players. In June 2025, e-PV registrations touched 13,033 units—an impressive 78% year-on-year jump over June 2024. EV penetration for the month is estimated at around 4%, underscoring the growing momentum for… Continue reading Tata Motors Cedes Ground to MG and Mahindra in Electric PV Market

Legacy ICE Giants Tighten Grip as Electric Two-Wheeler Market Grows 32% in June 2025

India’s electric two-wheeler segment continued to accelerate in June 2025, registering a healthy 32% year-on-year growth. Registration data shows that automakers sold 105,282 two-wheelers during the month, up from 80,003 last year. Sequentially, volumes improved by 4% from May, indicating a stable, broad-based demand across urban and semi-urban centres. While June’s numbers reflect the growing… Continue reading Legacy ICE Giants Tighten Grip as Electric Two-Wheeler Market Grows 32% in June 2025

Hero MotoCorp Registers 10% Sales Growth in June

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, reported dispatches of 553,963 units in June 2025, marking a 10% year-on-year growth compared to 503,448 units in June 2024. The company dispatched 512,658 motorcycles and 41,305 scooters during the month, up from 473,228 motorcycles and 30,220 scooters in June last year—representing a growth of… Continue reading Hero MotoCorp Registers 10% Sales Growth in June

Honda Cars India Sales Decline 22% in June

Honda Cars India reported total sales of 5,124 units in June 2025, comprising 4,618 units sold in the domestic market and 506 units exported. This marks a 22% decline in overall sales compared to June 2024, when the company recorded 4,804 domestic sales and 4,972 export units. Domestic sales dropped by 3.9%, while exports saw… Continue reading Honda Cars India Sales Decline 22% in June

Hero MotoCorp launches VIDA VX2 at ₹59,490 under Battery-as-a-Service Model

India’s largest two-wheeler maker Hero MotoCorp on Tuesday launched its second electric scooter model under the Vida brand – the VX2 – and introduced a Battery-as-a-Service model to reduce the initial cost of the vehicle. The VX2 is available in two variants — VX2 Plus and VX2 Go —with prices starting at ₹59,490 (ex-showroom) under… Continue reading Hero MotoCorp launches VIDA VX2 at ₹59,490 under Battery-as-a-Service Model

Hero MotoCorp launches VIDA VX2 at ₹59,490 under Battery-as-a-Service Model

Cabinet Approves ₹1 Lakh Crore Employment Linked Incentive Scheme

In a major push to generate employment and formalize India’s workforce, the Union Cabinet Modi approved the Employment Linked Incentive (ELI) Scheme, with a total outlay of ₹99,446 crore. The scheme aims to create over 3.5 crore new jobs across sectors over two years, with a strong focus on the manufacturing sector and first-time employees.… Continue reading Cabinet Approves ₹1 Lakh Crore Employment Linked Incentive Scheme