Ahmedabad, Gujarat-based Matter, which is an emerging name in India’s electric mobility space, has recently introduced its first offering – Matter Aera – country’s first all-electric motorcycle with a gearbox. The Aera is available in two variants, with prices starting at Rs 1.74 lakh, ex-showroom, for the base Aera 5000, while the top-spec Aera 5000(+)… Continue reading ‘Price, performance, reliability are our promises to customers’: Matter’s Mohal Lalbhai
Category: US Motoring Press
ASK Automotive net profit up by 63% in Q2 FY25
ASK Automotive Ltd, a brake shoe manufacturer for two-wheelers, reported a net profit of ₹67 crore for the quarter ended September 30, 2024, marking a 63% increase from the same period last year. The company’s consolidated revenue rose by 22% year-on-year to ₹976 crores. Its Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 50%… Continue reading ASK Automotive net profit up by 63% in Q2 FY25
Festival season has been good, see 14% YoY growth in retail sales: Maruti Suzuki Chairman
Underlining the robust consumer sentiments in the automobile market, India’s largest passenger car maker Maruti Suzuki said retail sales of passenger vehicles have been pretty good during the festival season. The automaker estimates its retail sales to grow 14% in the peak festival period on a year-on-year basis. “Festival season has been pretty good. We… Continue reading Festival season has been good, see 14% YoY growth in retail sales: Maruti Suzuki Chairman
Jawa Yezdi Motorcycles partners with DUPR India masters to Foster Pickleball Community
Jawa Yezdi Motorcycles has announced its partnership with the DUPR India Masters Pickleball Tournament, a key event in Delhi’s sporting calendar and an important stop on the Pickleball World Rankings. Similar to motorcycling, which fosters connections among riders through a shared interest in community and adventure, pickleball brings together players of varying ages and skill… Continue reading Jawa Yezdi Motorcycles partners with DUPR India masters to Foster Pickleball Community
Toyota Kirloskar Expands Hygiene Programme to 400 more schools in Raichur
Toyota Kirloskar Motor announced the expansion of its ‘A Behavioural Change Demonstration’ (ABCD) programme to 400 additional government schools in Karnataka’s Raichur district for FY25 and FY26. Building on the programme’s success across 100 schools in the past two years, which impacted over 26,000 students, the expanded initiative aims to reach more than 68,000 students… Continue reading Toyota Kirloskar Expands Hygiene Programme to 400 more schools in Raichur
JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR
JSW MG Motor India announced the delivery of over 100 electric vehicles (EVs) in a single day across the Delhi-NCR region. The company promotes adoption of electric vehicles by delivering units of the MG Windsor, the MG ZS EV, and the MG Comet. This delivery reflects the increasing interest among car buyers in MG’s electric… Continue reading JSW MG Motor India celebrates festive season with over 100 EV deliveries in Delhi-NCR
Gulf Oil appoints Abhijit Kulkarni as Chief Commercial Officer
Gulf Oil Lubricants India Ltd. recently appointed Abhijit Kulkarni as its Chief Commercial Officer (CCO). With over 20 years of experience across companies like Unilever, Castrol, and Coca-Cola, Kulkarni brings expertise in strategic marketing, brand development, sales, and general management. In his new role, he will oversee Gulf Oil’s B2C and B2B business segments, excluding… Continue reading Gulf Oil appoints Abhijit Kulkarni as Chief Commercial Officer
Maruti Suzuki stock down sharply on poor Q2 results
Maruti Suzuki shares fell 6% after the automaker posted 17.4% fall in its profitablility for the September quarter due to sharp disounts and a sales slowdown. The shares were being traded at Rs 10,861.80 at 2:10 PM on the NSE. India’s largest passenger car maker’s standalone profit for the quarter came in at Rs 3,069.2… Continue reading Maruti Suzuki stock down sharply on poor Q2 results
Spain and India strengthen ties at CII Business summit
The CII Spain-India Business Summit was held in Mumbai during the visit of H.E. Pedro Sánchez, President of the Government of Spain. This visit marks President Sánchez’s first trip to India and the first by a Spanish president in 18 years. In his address, President Sánchez discussed the potential for enhancing the relationship between India… Continue reading Spain and India strengthen ties at CII Business summit
Fast Fords will survive into the electric era
Ford is committed to making performance models in the future despite the slimming down of the Ford Performance range for ST and RS models in recent years. With the Focus ST soon to follow the Fiesta ST into retirement, only the Puma ST and the Mustang will remain on sale. Autocar spoke to Ford of… Continue reading Fast Fords will survive into the electric era