After being last held in February 2020, India’s biennial on-ground automotive extravaganza – Auto Expo – is finally set to return after a hiatus of three years as a result of the pandemic. The mega event is slated to take place in Greater Noida, near New Delhi, from January 13 and 18, 2023. India’s top-two… Continue reading Maruti, Hyundai look to make a splash at Auto Expo 2023, many to stay away
Category: US Motoring Press
Maruti Suzuki sells 517,395 units, posts profit of Rs 2,061 crore in Q2 FY2023
Maruti Suzuki India today announced the financial results for second quarter (July-September 2022) of FY2023 and the numbers point to robust year-on-year growth, albeit the year-ago base was a lower pandemic-impacted one. The company, which is India’s passenger vehicle market leader with a share of 41%, sold a total of 517,395 vehicles during the second… Continue reading Maruti Suzuki sells 517,395 units, posts profit of Rs 2,061 crore in Q2 FY2023
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava The chairman of Maruti Suzuki, R C Bhargava, says Indians are moving towards higher priced SUVs and MUVs and his company is in the ‘phase of transition’ to cater to this ‘shift in the composition of the market’. Bhargava forecasts… Continue reading India is graduating from small cars to upper-segment cars: Maruti Suzuki Chairman R C Bhargava
L&T Tech bags orders worth Rs 1,907 crore from transportation sector
L&T Technology Services, a part of the $21 billion Larsen & Toubro (L&T) won orders worth over Rs 1,907 crore from January-September this year from the transportation sector on the back of strong tailwinds from electric vehicles, easing of semiconductor shortages and a spike in air travel. Amit Chadha, CEO & MD, L&T Technology services,… Continue reading L&T Tech bags orders worth Rs 1,907 crore from transportation sector
Sona Comstar to shift its Pune plant to a larger area
Sona Comstar is under the process of shifting operations from its existing plant in Bhosari near Pune, to a new and larger facility in the automotive belt of Chakan in Pune. The company management on Friday informed that the new facility, with an area of 10 acres compared to the older plant area of 1.12 acres,… Continue reading Sona Comstar to shift its Pune plant to a larger area
UK CV production up in best September since 2011
UK CV production rises 53.6 percent to 11,979 units in best September since 2011 and ninth consecutive month of growth. 2022 UK commercial vehicle (CV) production grew by 53.6 percent in September, with 11,979 vans, buses, trucks, coaches and taxis rolling off British factory lines, according to the latest figures released today by the Society of… Continue reading UK CV production up in best September since 2011
BEST bus catches fire, no injuries reported
An air-conditioned CNG BEST bus on wet lease caught fire after sparks emanated from its battery on Thursday evening. No injuries have been reported. As per the BEST spokesperson, the incident happened on a bus operated by Daga Group while it was ferrying from Kranti Nagar to Kandivali station at around 6 pm “On arrival of the… Continue reading BEST bus catches fire, no injuries reported
FADA: Indian car market to grow by 40% in the festive season of 2023
Manish Raj Singhania, President of the Federation of Automotive Dealers Association (FADA), the apex lobbying body for retail owners, appears to be bullish on vehicle sales during the current festive season, predicting that they will increase by more than 40 percent due to the festive season compared to a low base in FY22, thereby breaching… Continue reading FADA: Indian car market to grow by 40% in the festive season of 2023
Volkswagen Group to double its IT workforce to 3,500 staffers in India by 2024
The Volkswagen Group has announced plans to significantly grow its IT team in India. The company aims at doubling its workforce to 3,500 employees by the end of 2024. Volkswagen Group Technology Solutions India (VWITS) is the global in-house capability center providing IT & technology solutions to Volkswagen AG, its ten brands and multiple regional… Continue reading Volkswagen Group to double its IT workforce to 3,500 staffers in India by 2024
The Lake District village that’s pioneering community e-bike schemes
Electric bike sharing schemes are becoming hugely popular in many cities and regions of the UK – but a new initiative is out to showcase that they could have an even greater impact on smaller rural communities. The residents of the picturesque community of Staveley in the heart of the Lake District in Cumbria have… Continue reading The Lake District village that’s pioneering community e-bike schemes