Bajaj Auto has revised its estimate for growth in sales volumes of the two-wheeler industry during FY25 to around 5% from its earlier guidance of 5-8%. “We had said that the industry is in the 5-8% zone (growth). I would still say maybe not 8%, but probably closer to 5%,” Bajaj Auto’s Executive Director Rakesh… Continue reading Bajaj Auto lowers 2W industry growth forecast for FY25 to 5%
Category: US Motoring Press
New Honda Prelude could feature ‘manual’ gearbox
The new Honda Prelude has been spied testing for the first time – while the hybrid sports coupé’s project leader has refused to rule out that it could offer a manual-style transmission. Honda will revive the long-running model after a gap of more than 20 years, with the new version due to go on sale in… Continue reading New Honda Prelude could feature ‘manual’ gearbox
Bajaj Auto to ramp up manufacturing capacity in Brazil by 75% next year
Bajaj Auto Ltd, India’s major two-wheeler maker, plans to ramp up its manufacturing capacity in Brazil by 75% next year, to capitalise on the growing motorcycle demand in the Latin American country. The company is investing Rs 84 crore in its wholly-owned Brazilian subsidiary Bajaj Do Brasil Comercio De Motocicletas Ltda, which recently commissioned a… Continue reading Bajaj Auto to ramp up manufacturing capacity in Brazil by 75% next year
Toyota Taisor Limited Edition priced at Rs 10.56 lakh
Toyota has launched its second festive season special, the Taisor Limited Edition. The compact SUV, which is essentially a Toyota-badged Maruti Fronx, gets a complementary accessories package that adds cosmetic changes both outside and inside. The Limited Edition will be available until October 31 only. The Taisor Limited Edition gets Toyota Genuine Accessories (TGA) worth… Continue reading Toyota Taisor Limited Edition priced at Rs 10.56 lakh
Bajaj Auto to invest $10 million in Brazilian subsidiary
Bajaj Auto Ltd, one of India’s leading two-wheeler manufacturers, has announced plans to invest up to $10 million in its wholly-owned Brazilian subsidiary, Bajaj Do Brasil Comercio De Motocicletas Ltda (“Bajaj Brazil”). The decision was approved by the company’s board of directors during a meeting held today. The additional capital infusion, equivalent to approximately ₹84… Continue reading Bajaj Auto to invest $10 million in Brazilian subsidiary
Bajaj Auto to invest $10 million in Brazilian subsidiary
Bajaj Auto Ltd, one of India’s leading two-wheeler manufacturers, has announced plans to invest up to $10 million in its wholly-owned Brazilian subsidiary, Bajaj Do Brasil Comercio De Motocicletas Ltda (“Bajaj Brazil”). The decision was approved by the company’s board of directors during a meeting held today. The additional capital infusion, equivalent to approximately ₹84… Continue reading Bajaj Auto to invest $10 million in Brazilian subsidiary
Himadri Speciality Chemical posts 33.3% surge in Q2FY25 profit
Global speciality chemical conglomerate Himadri Speciality Chemical Ltd reported a 13% year-on-year increase in revenue for the quarter ended Sept 30, 2024. Its revenue increased to 1,135 crore rupees in Q2FY25, up from Rs. 1,005 crore in the same quarter last year. The company’s profit after tax (PAT) also witnessed strong growth, increasing 33.3% to… Continue reading Himadri Speciality Chemical posts 33.3% surge in Q2FY25 profit
Servotech and Ensmart Power join forces to work EV Charging infrastructure
Servotech Power Systems Ltd., an EV charger manufacturer in India, has entered into a sole distribution agreement with UK-based Ensmart Power, a company specialising in critical power, solar, and energy storage systems. This agreement aims to improve the distribution network for EV chargers across the UK and extend into North America. The partnership seeks to… Continue reading Servotech and Ensmart Power join forces to work EV Charging infrastructure
Bajaj Auto posts record results on better volumes, product mix
Bajaj Auto Limited, one of India’s leading two-wheeler and three-wheeler manufacturers, reported stellar results for the second quarter of fiscal year 2025, with record-high sales and profits. The company’s performance was bolstered by robust domestic demand, a steady recovery in exports, and significant growth in its green energy portfolio. Revenue from operations surged 22% year-over-year… Continue reading Bajaj Auto posts record results on better volumes, product mix
Toyota working on Scorpio, Roxx rival
The unchallenged success of the Mahindra Scorpio and Thar Roxx has not gone unnoticed by Toyota, which is developing a rugged 4×4 SUV that will sit between the Urban Cruiser Hyryder and the Fortuner. This new model will compete directly with Mahindra’s off-roaders but will not be based on a body-on-frame chassis like the Fortuner.… Continue reading Toyota working on Scorpio, Roxx rival