As part of its 60th-anniversary celebration, Mahindra Tractors, India’s top tractor brand, has introduced a virtual tractor drive experience. This new initiative enables customers to create a personalised, realistic video of themselves driving a Mahindra Tractor. Following the launch of “Desh ka Tractor: Mitti se juda, Junoon se Saja,” a campaign honoring the Indian farming… Continue reading Mahindra Tractors launches personalised virtual drive experience
Category: US Motoring Press
Henkel records 3.3% organic increase in group sales year-over-year
Henkel Group continued its growth trajectory into the third quarter of 2024, recording group sales of around 5.5 billion euros, a 3.3% organic increase year-over-year. The growth was attributed to effective price strategies and strong demand across the company’s main business units. In nominal terms, this represents a 1.0% rise compared to Q3 2023, showing… Continue reading Henkel records 3.3% organic increase in group sales year-over-year
Henkel Adhesives Technologies India records 3.3% organic increase in group sales year-over-year
Henkel Adhesives Technologies India continued its growth trajectory into the third quarter of 2024, recording group sales of around 5.5 billion euros, a 3.3% organic increase year-over-year. The growth was attributed to effective price strategies and strong demand across the company’s main business units. In nominal terms, this represents a 1.0% rise compared to Q3… Continue reading Henkel Adhesives Technologies India records 3.3% organic increase in group sales year-over-year
Sterling Tools partners with China’s GLVAC to manufacture high voltage components for Electric Vehicles in India
Sterling Tools Limited, India’s second-largest automotive fastener manufacturer, has announced a partnership with Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT), a subsidiary of China’s Kunshan GuoLi Electronic Technology Co., Ltd. (GLVAC). Through its wholly-owned subsidiary Sterling Tech-Mobility Limited, Sterling Tools aims to localise the production of advanced High Voltage Direct Current (HVDC)… Continue reading Sterling Tools partners with China’s GLVAC to manufacture high voltage components for Electric Vehicles in India
Skoda Kylaq: Can it carve its space in India’s packed compact SUV segment?
Skoda has officially launched its first sub-4 metre compact SUV, the Kylaq, marking the brand’s re-entry into the bustling compact SUV segment in India after the Fabia was discontinued in the early 2020s. With competitors such as the Maruti Suzuki Brezza, Tata Nexon, Hyundai Venue, and Kia Sonet already claiming their share of the pie, Skoda’s challenge… Continue reading Skoda Kylaq: Can it carve its space in India’s packed compact SUV segment?
Skoda Kylaq launched at Rs 7.89 lakh
Skoda India has revealed its compact SUV, and announced the starting price for the Kylaq: Rs 7.89 lakh, ex-showroom, India). With the Skoda Kylaq, the Czech brand wants to go big by going small. The Kylaq you see here is Skoda’s smallest SUV yet and is the Czech carmaker’s vessel to crack 1,00,000 unit yearly… Continue reading Skoda Kylaq launched at Rs 7.89 lakh
JSW MG India expands Hector SUV lineup with new 7-seater variants
JSW MG Motor India expanded its popular MG Hector lineup with the introduction of two new 7-seater variants: the Hector Plus 7-Seater Select Pro and Smart Pro. The additions aim to provide a spacious, versatile, and premium SUV experience for Indian customers. The Select Pro variant is powered by a 1.5L turbocharged petrol engine paired… Continue reading JSW MG India expands Hector SUV lineup with new 7-seater variants
Kia India unveils sketches of first SUV under Kia 2.0 design
Kia India released sketches of its first SUV under the Kia 2.0 banner, marking the company’s evolution in design, technology, space, and safety. This new SUV, built on the advanced Design 2.0 philosophy, draws inspiration from Kia’s EV9 and Carnival Limousine, showcasing futuristic aesthetics and sophisticated engineering, Kia India said. Kia’s upcoming SUV aims to… Continue reading Kia India unveils sketches of first SUV under Kia 2.0 design
Zoomcar raises $9.15 million via private placement to fund debt repayment and expansion
Self-drive car-sharing marketplace, Zoomcar, successfully priced a private placement, raising approximately $9.15 million in gross proceeds. This private placement is with select institutional investors and comes as Zoomcar looks to expand its operations and manage debt obligations. Before deductions for placement agent fees and other expenses, Zoomcar expects to receive $9.15 million in gross cash.… Continue reading Zoomcar raises $9.15 million via private placement to fund debt repayment and expansion
Zoomcar raises $9.15 million via private placement to fund debt repayment and expansion
Self-drive car-sharing marketplace, Zoomcar, successfully priced a private placement, raising approximately $9.15 million in gross proceeds. This private placement is with select institutional investors and comes as Zoomcar looks to expand its operations and manage debt obligations. Before deductions for placement agent fees and other expenses, Zoomcar expects to receive $9.15 million in gross cash.… Continue reading Zoomcar raises $9.15 million via private placement to fund debt repayment and expansion