Autocar_Professional India Online News – Page 89

Kinetic Engineering Appoints Vinayak Shevade as CFO Amid Rs 177 Crore Growth Push

Kinetic Engineering Limited (KEL) has appointed Vinayak Shevade as its Chief Financial Officer, effective February 17, 2025. Shevade, who brings over 30 years of financial management experience, will oversee the company’s financial operations and strategy implementation. The appointment comes as KEL embarks on a Rs 177 crore investment plan focused on working capital enhancement, manufacturing… Continue reading Kinetic Engineering Appoints Vinayak Shevade as CFO Amid Rs 177 Crore Growth Push

BYTES Raises Funding to Develop AI Safety System for Two-Wheelers

BYTES, a Bengaluru-based startup developing artificial intelligence-powered safety technology for two-wheelers, has secured funding from WTFund, an investment firm led by Zerodha co-founder Nikhil Kamath. The amount of funding was not disclosed. The company is creating an Advanced Driver Assistance System (ADAS) that uses computer vision and AI to detect potential hazards and provide real-time… Continue reading BYTES Raises Funding to Develop AI Safety System for Two-Wheelers

Anurag Mehrotra Appointed Managing Director of JSW MG Motor India

JSW MG Motor India has appointed Anurag Mehrotra as its Managing Director. He brings three decades of experience in sales, marketing, strategy, and business development within the automotive industry. His past roles include leadership positions at Tata Motors and Ford India. Based in Gurugram, he will focus on strategic growth and strengthening key brand pillars.… Continue reading Anurag Mehrotra Appointed Managing Director of JSW MG Motor India

Anurag Mehrotra Appointed Managing Director of JSW MG Motor India

Eurogrip aims for price parity with ICE in low rolling resistance tyres

TVS Group company Eurogrip Tyres, which is a leading player in the two- and three-wheeler segments in India, envisions growing demand for high wear resistance and low rolling resistance (LRR) tyres in the future. With electric two-wheelers (e-2Ws) demanding higher wear resistance properties due to the high-torque nature of the e-motor drivetrain, Eurogrip is set to fulfil… Continue reading Eurogrip aims for price parity with ICE in low rolling resistance tyres

Car sales fall 14%, SUVs rise 12% in first 10 months of FY2025

Of the total estimated wholesales of 3.53 million passenger vehicles in the past 10 months of FY2025, up 2% YoY (April 2023-January 2024: 34,76,319 units), the share of passenger cars is now down to 31% compared to 37% a year ago. In the first 10 months of FY2025, an estimated 11,13,905 cars have been sold,… Continue reading Car sales fall 14%, SUVs rise 12% in first 10 months of FY2025

TVS Motor Company Partners with Gujarat Tourism for Rann Utsav

In a significant collaboration announced today, TVS Motor Company has joined forces with Gujarat Tourism to enhance the motorcycle tourism experience at the ongoing Rann Utsav, the state’s premier cultural festival. The partnership aims to support Gujarat’s tourism-driven economic growth while aligning with the national development goals outlined in Viksit Bharat @2047. The initiative marks… Continue reading TVS Motor Company Partners with Gujarat Tourism for Rann Utsav

JK Tyre President of India Operations Steps Down

JK Tyre & Industries Ltd announced that Anuj Kathuria, President (India), has resigned from his position, effective February 14, 2025. The company disclosed this development in a regulatory filing to the stock exchanges, stating that Kathuria’s resignation was accepted and attributed to personal reasons. In his resignation letter addressed to Prem Singh, Kathuria indicated he… Continue reading JK Tyre President of India Operations Steps Down

Bajaj Auto remains No. 1 e2W seller in February Week 2, ahead of TVS and Ola

With the first two weeks of February coming to a close with Valentine’s Day on the 14th, a quick look at the Vahan website reveals that 39,735 electric two-wheelers have been sold across India, up 9.66% month on month (January 1-14, 2025: 36,234 units). Of this number, the Top 10 OEMs account for 37,476 units,… Continue reading Bajaj Auto remains No. 1 e2W seller in February Week 2, ahead of TVS and Ola