JK Tyre & Industries Ltd. announced robust financial results for the fourth quarter of fiscal year 2025, with consolidated revenues of Rs.3,780 crore and a 15% quarter-on-quarter increase in EBITDA to Rs.384 crore. The company’s board has recommended a dividend of Rs.3 per equity share (150%) for FY25. The company’s profit before tax surged to… Continue reading JK Tyre Reports Strong Q4 FY25 Performance with 15% EBITDA Growth
Category: US Motoring Press
Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing
Maruti Suzuki India Limited (MSIL) signed a Memorandum of Understanding (MoU) with Standard Chartered Bank on Tuesday to provide inventory funding solutions to its nationwide dealer network. The partnership is designed to address working capital requirements for the automaker’s extensive sales network. The agreement was finalized in New Delhi in the presence of senior executives… Continue reading Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing
Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing
Maruti Suzuki India Limited (MSIL) signed a Memorandum of Understanding (MoU) with Standard Chartered Bank on Tuesday to provide inventory funding solutions to its nationwide dealer network. The partnership is designed to address working capital requirements for the automaker’s extensive sales network. The agreement was finalized in New Delhi in the presence of senior executives… Continue reading Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing
Maruti Suzuki Expands CSR Initiatives to Eight Villages Near Kharkhoda Facility
Maruti Suzuki India Limited has expanded its corporate social responsibility (CSR) footprint to eight villages surrounding its Kharkhoda facility in Haryana, the company announced on Tuesday. The initiatives target the villages of Kundal, Rampur, Saidpur, Pipli, Gopalpur, Sohati, Rohna and Thana Kalan. In partnership with the Department of Education, Sonipat, the company has established two… Continue reading Maruti Suzuki Expands CSR Initiatives to Eight Villages Near Kharkhoda Facility
Honda Targets No. 1 Spot in Global Electric Motorcycle Market, Bets on India with Dedicated EV Plant by 2028
Honda Motor Co. is accelerating its global ambitions for electric two-wheelers, announcing plans to launch 30 new EV motorcycle models by 2030 as it sets its sights on becoming the world’s top electric motorcycle manufacturer. A key pillar of this strategy is a dedicated EV production plant in India, slated to begin operations in 2028.… Continue reading Honda Targets No. 1 Spot in Global Electric Motorcycle Market, Bets on India with Dedicated EV Plant by 2028
Honda Targets No. 1 Spot in Global Electric Motorcycle Market, Bets on India with Dedicated EV Plant by 2028
Honda Motor Co. is accelerating its global ambitions for electric two-wheelers, announcing plans to launch 30 new EV motorcycle models by 2030 as it sets its sights on becoming the world’s top electric motorcycle manufacturer. A key pillar of this strategy is a dedicated EV production plant in India, slated to begin operations in 2028.… Continue reading Honda Targets No. 1 Spot in Global Electric Motorcycle Market, Bets on India with Dedicated EV Plant by 2028
Honda to Launch 13 New Hybrid Models by 2030, Targets 2.2 Million Units in Global Sales
Honda Motor Co., Ltd. will roll out 13 next-generation hybrid electric vehicle (HEV) models globally starting in 2027, aiming for 2.2 million units in sales by 2030, Global CEO Toshihiro Mibe announced on Tuesday. With electric vehicle (EV) demand slowing, the Japanese automaker is pivoting to HEVs as the backbone of its electrification strategy, scaling… Continue reading Honda to Launch 13 New Hybrid Models by 2030, Targets 2.2 Million Units in Global Sales
Honda to Launch 13 New Hybrid Models by 2030, Targets 2.2 Million Units in Global Sales
Honda Motor Co., Ltd. will roll out 13 next-generation hybrid electric vehicle (HEV) models globally starting in 2027, aiming for 2.2 million units in sales by 2030, Global CEO Toshihiro Mibe announced on Tuesday. With electric vehicle (EV) demand slowing, the Japanese automaker is pivoting to HEVs as the backbone of its electrification strategy, scaling… Continue reading Honda to Launch 13 New Hybrid Models by 2030, Targets 2.2 Million Units in Global Sales
Zeno Unveils First Electric Motorcycle at ₹1.19 Lakh, Targets 2025 Deliveries
Bengaluru-based electric mobility and energy start-up Zeno has launched its first electric motorcycle, the Emara, aimed at competing in the 100cc–150cc commuter segment. The vehicle is priced at ₹1.19 lakh (ex-showroom) and is also available at a lower ₹79,000 (ex-showroom) under a Battery-as-a-Service (BaaS) model. The company is currently offering introductory pricing of ₹1 lakh… Continue reading Zeno Unveils First Electric Motorcycle at ₹1.19 Lakh, Targets 2025 Deliveries
Honda Turns Focus to Hybrids, Trims 2030 EV Target
Honda Motor Co., Ltd. said on Tuesday it will strengthen its focus on its original two-motor hybrid system as part of a global strategy realignment. The company acknowledged that its electric vehicle (EV) sales ratio in 2030 is now expected to fall below the previously announced 30% target due to a market slowdown. The company… Continue reading Honda Turns Focus to Hybrids, Trims 2030 EV Target