JLR India achieves highest Q1 sales with 102% YoY growth

JLR India today reported its best Q1 sales performance with a growth of 102%, retailing a total of 1,048 units, in the first quarter of FY24 compared to the same period last year. This performance was enabled by a phenomenal growth of 209% in Range Rover, Range Rover Sport and Defender sales. The three models… Continue reading JLR India achieves highest Q1 sales with 102% YoY growth

Nexa accounts for 31% of Maruti Suzuki’s sales, retail channel completes 8 years of operation

Nexa, the premium outlet of Maruti Suzuki now accounts for almost a third of the company’s total sales. Celebrating eight years of Nexa in the country, Maruti Suzuki is aggressively pursuing the brand to grab the Number Two car retailer position in one year or so. The brand is well on its way to cross half… Continue reading Nexa accounts for 31% of Maruti Suzuki’s sales, retail channel completes 8 years of operation

Nexa accounts for 31% of Maruti Suzuki’s sales, retail channel completes 8 years of operation

Nexa, the premium outlet of Maruti Suzuki now accounts for almost a third of the company’s total sales. Celebrating eight years of Nexa in the country, Maruti Suzuki is aggressively pursuing the brand to grab the Number Two car retailer position in one year or so. The brand is well on its way to cross half… Continue reading Nexa accounts for 31% of Maruti Suzuki’s sales, retail channel completes 8 years of operation

Prioritising technology and drivers’ wellbeing: Key to enhance India’s logistics performance

Society of Indian Automobile Manufacturers (SIAM), the apex body of the automobile industry, organised the 9th SIAM Automotive Logistics Conclave, themed ‘Road to Sustainability: The Future of Automotive Logistics saw participation from several speakers including senior government officials, logistics heads of automobile companies, and experts from the automobile supply-chain industry.   The first session was centred around “Automotive Logistics: Practices… Continue reading Prioritising technology and drivers’ wellbeing: Key to enhance India’s logistics performance

Mahindra Group to assist US companies to manufacture in India

As India ramps up efforts to revolutionise the global manufacturing and supply chain landscape, the Mahindra Group – one of India’s leading industrial enterprises – is poised to help American companies enhance their international footprint and expand by leveraging the advantages of India as a manufacturing hub. The Mahindra Group will support interested companies in… Continue reading Mahindra Group to assist US companies to manufacture in India

New Holland Agriculture bags three awards at the Indian Tractor of the Year Awards 2023

New Holland Agriculture, a brand of CNH Industrial, has bagged three awards at the fourth edition of the Indian Tractor of the Year (ITOTY) awards, 2023. The brand has received this award in the Best Tractor in the above 60 HP category for the New Holland 5620 TX TREM-IV and in the Best Tractor for Agriculture… Continue reading New Holland Agriculture bags three awards at the Indian Tractor of the Year Awards 2023

Electric Audi RS sports cars to have distinct character

Audi Sport, Ingolstadt’s storied performance division, will have a 100% electrified line-up by the end of this decade, including searing-hot, pure-electric successors to its quickest and most potent combustion cars, from the RS3 hot hatch to the RS7 grand tourer.  Audi will “put more focus on the RS brand” over the coming years, according to… Continue reading Electric Audi RS sports cars to have distinct character

Stellantis, Samsung SDI to build second Gigafactory in the USA

Stellantis and Samsung SDI today announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh). In May 2022,… Continue reading Stellantis, Samsung SDI to build second Gigafactory in the USA

Stellantis, Samsung SDI to build second Gigafactory in the USA

Stellantis and Samsung SDI today announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh). In May 2022,… Continue reading Stellantis, Samsung SDI to build second Gigafactory in the USA