TVS Motor Company announced a strategic restructuring of its European operations through the merger of three of its Swiss-based subsidiaries with Swiss E-Mobility Group (Holding) AG (SEMG Holding). The move is aimed at simplifying the group structure, driving operational synergies, and optimizing costs across its international electric mobility portfolio. The subsidiaries involved in the merger… Continue reading TVS Motor Streamlines European E-Bike Operations with Merger of Swiss Subsidiaries
Category: US Motoring Press
TAFE and AGCO Reach Settlement on Brand Ownership, Shareholding, and Commercial Agreements
Tractors and Farm Equipment Limited (TAFE) has reached a comprehensive settlement with AGCO Corporation covering brand ownership, equity shareholding, and commercial arrangements. This agreement brings clarity to ongoing matters between the two companies. As part of the settlement, TAFE will become the sole and exclusive owner of the Massey Ferguson brand across India, Nepal, and… Continue reading TAFE and AGCO Reach Settlement on Brand Ownership, Shareholding, and Commercial Agreements
Maruti Suzuki Sales Decline in June, Exports Hit Record High
Maruti Suzuki India Limited reported total sales of 167,993 units for June 2025, reflecting a year-on-year decline from 179,228 units sold in June 2024. Despite the dip in overall numbers, the company recorded its highest-ever monthly exports, reaching 37,842 units during the month. Domestic passenger vehicle (PV) sales stood at 118,906 units in June 2025,… Continue reading Maruti Suzuki Sales Decline in June, Exports Hit Record High
Atul Auto Reports Mixed June Sales Performance Amid EV Segment Decline
Atul Auto Limited, a leading three-wheeler manufacturer based in Gujarat, reported mixed sales performance for June 2025, with conventional internal combustion (IC) engine vehicles showing strong growth while electric vehicle segments experienced significant declines. The company’s domestic sales of IC engine three-wheelers surged 19.03% year-on-year to 1,889 units in June 2025, compared to 1,587 units… Continue reading Atul Auto Reports Mixed June Sales Performance Amid EV Segment Decline
Hyundai Motor India Reports 13% Year-on-Year Growth in Exports in Q1 FY2026
Hyundai Motor India Limited (HMIL) recorded total sales of 60,924 units in June 2025, comprising 44,024 units in the domestic market and 16,900 units in exports. For the April–June quarter of FY2026, HMIL reported cumulative sales of 1,80,399 units, including 1,32,259 units sold domestically and 48,140 units exported. SUVs made up 67.6% of Hyundai’s domestic… Continue reading Hyundai Motor India Reports 13% Year-on-Year Growth in Exports in Q1 FY2026
RamKrishna Forgings Plans Chennai Forged Wheel Manufacturing Facility
Ramkrishna Forgings is set to enter the forged wheel manufacturing sector, with plans to establish a new production facility in Chennai, a senior company official told PTI. The automotive components manufacturer is developing a manufacturing plant with an annual production capacity of 228,000 forged wheels, according to company officials. The project represents a significant expansion… Continue reading RamKrishna Forgings Plans Chennai Forged Wheel Manufacturing Facility
Suzuki Motorcycle India Sells 95,244 Units in June 2025, Marks 8% Year-on-Year Growth
Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the Indian two-wheeler subsidiary of Suzuki Motor Corporation, Japan, recorded total sales of 95,244 units in June 2025, reflecting an 8% increase over the 88,287 units sold in June 2024. Within this figure, domestic sales accounted for 73,934 units, marking a 4% growth from 71,086 units in the same… Continue reading Suzuki Motorcycle India Sells 95,244 Units in June 2025, Marks 8% Year-on-Year Growth
Ather Energy Launches Rizta S with 3.7kWh Battery at Rs 1.37 Lakh, Offering 159 km IDC Range
Ather Energy Limited has introduced a new variant in its Rizta family scooter range with the launch of the Rizta S equipped with a 3.7kWh battery. Priced at Rs 1,37,047 (ex-showroom Delhi), the scooter delivers an IDC-certified range of 159 km and is positioned to meet the needs of daily commuters seeking higher range within… Continue reading Ather Energy Launches Rizta S with 3.7kWh Battery at Rs 1.37 Lakh, Offering 159 km IDC Range
Ashok Leyland Reports Flat Sales in June 2025 Amid Mixed Segment Performance
Ashok Leyland, one of India’s leading commercial vehicle manufacturers, reported largely stable sales figures for June 2025. The company sold 14,184 vehicles in the domestic market during the month, marking a marginal 1% decline compared to 14,261 units sold in June 2024. In the Medium and Heavy Commercial Vehicle (M&HCV) segment, the performance was mixed.… Continue reading Ashok Leyland Reports Flat Sales in June 2025 Amid Mixed Segment Performance
Kinetic Communications Opens Automated Controller Manufacturing Line in Pune
Kinetic Communications Limited inaugurated a new automated manufacturing line for electric vehicle motor controller units at its Pune facility on July 1, 2025. The facility was opened by Padmashri Dr. Arun Firodia, Chairman of Kinetic Group, along with Director Deepak Shikarpur and Vice Chairman Ajinkya Firodia. The new production line manufactures Motor Controller Units (MCUs),… Continue reading Kinetic Communications Opens Automated Controller Manufacturing Line in Pune