It was baptism by fire for Hisashi Takeuchi when he took over as the MD and CEO of Maruti Suzuki India in April 2022. The company was sitting on its lowest market share in close to a decade and its SUV segment share had slipped to single digits. Rivals riding on the SUV wave were… Continue reading What makes Hisashi Takeuchi Autocar Professional’s Man of the Year 2023
Category: US Motoring Press
Pre-owned two-wheeler firm launches DriveX Xplor engine oil for optimal two-wheeler performance
DriveX, a fully integrated pre-owned 2-wheeler platform, has launched DriveX Xplor, a specialised-grade engine oil for two-wheelers. This is suitable for both BS IV and BS VI engines, said a press release. Narain Karthikeyan, Founder and Executive Director stated, “We have been constantly innovating to completely transform the pre-owned vehicle market, and this launch brings… Continue reading Pre-owned two-wheeler firm launches DriveX Xplor engine oil for optimal two-wheeler performance
71% of corporate professionals bought used cars in 2023, says Spinny
Spinny’s year end report of 2023 witnessed 71% of corporate professionals buying used cars in 2023. Compact SUVs remained the keeps growing as the preferred choice for Spinny buyers, followed by Hatchbacks and Sedans. The colour preferences varied by region, with red cars gaining popularity in Bangalore and Kolkata. With digitalisation and easy financing options,… Continue reading 71% of corporate professionals bought used cars in 2023, says Spinny
Auto component manufacturer Emmforce Autotech Limited files DRHP with BSE SME
Auto components manufacturer Emmforce Autotech Limited announced the filing of its Draft Red Herring Prospectus (DRHP) with the BSE SME. The offering comprises a fresh issuance of 55 lakh equity shares, each with a face value of Rs 10. Beeline Capital Advisors has been appointed as the Book Running Lead Manager, and Link Intime India Private Limited… Continue reading Auto component manufacturer Emmforce Autotech Limited files DRHP with BSE SME
Eight shared e-mobility trends to watch out for in 2024
For all the innovations that have happened in the automobile sector over the past decade, the form factors of the vehicles themselves have largely remained unchanged. That’s what makes the rise of small and shared electric vehicles so significant. Shared two-wheeler EVs are to ICE bikes what smartphones are to landline phones: a sensible, versatile,… Continue reading Eight shared e-mobility trends to watch out for in 2024
Eight shared e-mobility trends to watch out for in 2024
For all the innovations that have happened in the automobile sector over the past decade, the form factors of the vehicles themselves have largely remained unchanged. That’s what makes the rise of small and shared electric vehicles so significant. Shared two-wheeler EVs are to ICE bikes what smartphones are to landline phones: a sensible, versatile,… Continue reading Eight shared e-mobility trends to watch out for in 2024
Vehicle loan assets under management to cross Rs 8 lakh crore next fiscal: CRISIL
The vehicle financing assets under management (AUM) for non-banking financial companies (NBFCs) are poised to surge to Rs 8.1 lakh crore by March 31, 2025, from Rs 5.9 lakh crore as of March 31, 2023, according to CRISIL Ratings. This marks a compound annual growth rate (CAGR) of around 17%. Asset quality will continue to improve,… Continue reading Vehicle loan assets under management to cross Rs 8 lakh crore next fiscal: CRISIL
These cars and SUVs were discontinued in India this year
The implementation of the BS6 2.0 emissions norms, also known as the RDE norms, was a major event in the automotive landscape in 2023. The stricter regulations spelt the end of several cars in the market, especially small-capacity diesels in compact cars. Some vehicles were also taken off the shelves for being at the end of their lifecycle.… Continue reading These cars and SUVs were discontinued in India this year
These cars and SUVs were discontinued in India this year
The implementation of the BS6 2.0 emissions norms, also known as the RDE norms, was a major event in the automotive landscape in 2023. The stricter regulations spelt the end of several cars in the market, especially small-capacity diesels in compact cars. Some vehicles were also taken off the shelves for being at the end of their lifecycle.… Continue reading These cars and SUVs were discontinued in India this year
Twelve Japanese companies join forces to develop automotive SoCs using chiplet technology
Twelve leading companies from Japan, comprising automotive, electrical component, and semiconductor manufacturers, have set up the ‘Advanced SoC Research for Automotive’ (ASRA) consortium to conduct research and develop high-performance digital semiconductors (System on Chip, SoC) for use in automobiles. ASRA will research and develop SoCs for automobiles using chiplet technology to install SoC in mass-production… Continue reading Twelve Japanese companies join forces to develop automotive SoCs using chiplet technology