MG Motor India sold over 29,000 vehicles during the first half of 2023 in India, registering a 21% growth over 24,000 units sold during the same period a year earlier. The launch of Next-Gen variant of India’s first internet SUV-MG Hector in January, and demand for the company’s flagship EV-ZS, contributed significantly to the growth. The brand also… Continue reading MG Motor India sales up by 21% in H1 2023
Category: US Motoring Press
MG Motor India sales up by 21% in H1 2023
MG Motor India sold over 29,000 vehicles during the first half of 2023 in India, registering a 21% growth over 24,000 units sold during the same period a year earlier. The launch of Next-Gen variant of India’s first internet SUV-MG Hector in January, and demand for the company’s flagship EV-ZS, contributed significantly to the growth. The brand also… Continue reading MG Motor India sales up by 21% in H1 2023
Huf opens new tech centre in India
Automotive component supplier Huf has inaugurated its all-new tech centre in Pune, India. The facility is located in the Amar Madhuban Tech Park. Huf specialises in secure car access and authorisation systems for automotive OEMs and the new set-up will engage more than 100 engineers who will develop cutting-edge hardware and software solutions for car… Continue reading Huf opens new tech centre in India
Huf opens new tech centre in India
Automotive component supplier Huf has inaugurated its all-new tech centre in Pune, India. The facility is located in the Amar Madhuban Tech Park. Huf specialises in secure car access and authorisation systems for automotive OEMs and the new set-up will engage more than 100 engineers who will develop cutting-edge hardware and software solutions for car… Continue reading Huf opens new tech centre in India
Huf opens new tech centre in India
Automotive component supplier Huf has inaugurated its all-new tech centre in Pune, India. The facility is located in the Amar Madhuban Tech Park. Huf specialises in secure car access and authorisation systems for automotive OEMs and the new set-up will engage more than 100 engineers who will develop cutting-edge hardware and software solutions for car… Continue reading Huf opens new tech centre in India
CV industry witnessing increasing adoption of connectivity features, CASE, sustainability and digitisation key megatrends
Transformation in India’s logistics sector with the e-commerce boom is driving growth for the commercial vehicle segment which is increasingly witnessing growing consumer preference for connectivity solutions that help business optimisation. The commercial vehicle (CV) segment, which is the barometer of an economy and an indicator of the health of its automotive industry, is presently… Continue reading CV industry witnessing increasing adoption of connectivity features, CASE, sustainability and digitisation key megatrends
Road awards fall to 229 km in June
Road awards by the National Highways Authority of India (NHAI) and Ministry of Road Transport & Highways (MoRTH) combined fell to 229 kilometres (km) in June, from 268 km in May and 473 km in June 2022, Nuvama Institutional Equities said in a note. The slowdown comes after a blockbuster awarding in March, after which… Continue reading Road awards fall to 229 km in June
Hero MotoCorp eyes highest annual production in last 4 years, aims for 30% sales via digital by 2030
Hero MotoCorp, the world’s largest two-wheeler manufacturer, is looking forward to producing above 6.5 million units in the ongoing financial year 2023-2024, on the back of a healthy marriage season and the approaching festive season. This is the highest manufacturing target set by the company in the last four years. “As the world’s largest two-wheeler… Continue reading Hero MotoCorp eyes highest annual production in last 4 years, aims for 30% sales via digital by 2030
Steep drop in intercity sleeper bus services after the recent Maha Samruddhi Expressway incident
Following the poignant bus accident at Mumbai-Nagpur Maha Samruddhi Express earlier in July in which 25 passengers were trapped and charred to death has already started impacting the business of inter-city travellers who avail long-distance bus services. The driver, his assistant and eight passengers only survived the ordeal. According to industry body Bus Operators Confederation of… Continue reading Steep drop in intercity sleeper bus services after the recent Maha Samruddhi Expressway incident
‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India
Nearly all luxury carmakers in India have posted record growth between January-June 2023 period. Both BMW and Mercedes-Benz, for instance, had their best-ever half-yearly and quarterly sales, while Audi posted 97 percent year-on-year growth in the same period, albeit on a low base. Even Volvo recorded 33.13 percent growth in the first half of the year. But what’s at the root of this exponential growth?… Continue reading ‘Luxury vehicle buyers are still value conscious’: Vikram Pawah, CEO, BMW India