‘We are going to see green shoots during festive season’: Partho Banerjee

India’s largest carmaker Maruti Suzuki India, which has reported wholesales of 144,962 units in the month of September, registering a 3.9 percent decline (September 2023: 150,812), is confident about a buoyant festive season going forward, with a positive impact coming from a good monsoon. According to Partho Banerjee, Senior Executive Officer, Marketing and Sales, Maruti Suzuki India,… Continue reading ‘We are going to see green shoots during festive season’: Partho Banerjee

ZELIO Ebikes launches redesigned Eeva ZX+ electric scooter at Rs 73,300

ZELIO Ebikes, an electric two-wheeler manufacturer in India, has introduced the updated Eeva ZX+ model with a redesigned appearance. Part of the Eeva Series, which includes the Eeva and Eeva Eco models, the Eeva ZX+ is aimed at urban commuters, such as students, professionals, and gig workers, looking for a blend of style and practicality.… Continue reading ZELIO Ebikes launches redesigned Eeva ZX+ electric scooter at Rs 73,300

M&M, Escorts Kubota register 3% and 5.7% tractor sales growth in September 2024

Mahindra & Mahindra Farm Equipment Sector (FES) reported 43,201 domestic tractor sales in September 2024, registering a year on year growth of 3%. Similarly, Escorts Kubota saw a 5.7% growth with 11,985 units sold in the same month. This uptick in the sales is a result of an increase in rainfall in September, supporting the… Continue reading M&M, Escorts Kubota register 3% and 5.7% tractor sales growth in September 2024

PM E-Drive scheme to boost electric truck market, says DICV’s Satyakam Arya

Daimler India Commercial Vehicles (DICV) has lauded the government’s PM E-Drive scheme as a significant step forward in India’s transition to carbon-neutral mobility. Satyakam Arya, Managing Director & CEO of DICV, highlighted the scheme’s potential to accelerate the adoption of electric vehicles, aligning perfectly with the company’s sustainability goals. The PM E-Drive scheme, which links… Continue reading PM E-Drive scheme to boost electric truck market, says DICV’s Satyakam Arya

M&M edges ahead of Tata Motors in September to grab number 3 spot

Mahindra & Mahindra (M&M), the second-largest SUV maker in India, has edged ahead of its homegrown rival Tata Motors for the first time in more than half a decade, led by strong demand for its SUVs, in September 2024.  The SUV specialist, which produces models like the Scorpio, XUV700, Thar and Bolero, among others, clocked… Continue reading M&M edges ahead of Tata Motors in September to grab number 3 spot

Greaves Electric Mobility partners with Shriram Finance

Greaves Electric Mobility Private Limited (GEMPL), the electric mobility division of Greaves Cotton Limited, has announced a partnership with Shriram Finance, a financial services company from the Shriram Group. The collaboration aims to increase the accessibility of Greaves Electric Mobility’s three-wheelers by offering tailored financing options, including down payment choices and flexible EMI plans. Shriram… Continue reading Greaves Electric Mobility partners with Shriram Finance

Tata Motors wholesale slide by 23% YoY to 28,631 units in September 2024

Mumbai-based Tata Motors’ domestic commercial vehicle wholesales slid by 23% to 28,631 units during September 2024, as compared to a similar period last year, when it registered 37,214 units.  As per the data released by the company, HCV registered a 28% decline, with 9,295 units sold during September 2024, as against 12,867 units sold during the… Continue reading Tata Motors wholesale slide by 23% YoY to 28,631 units in September 2024

Tata Motors wholesale slide by 23% YoY to 28,631 units in September 2024

Mumbai-based Tata Motors’ domestic commercial vehicle wholesales slid by 23% to 28,631 units during September 2024, as compared to a similar period last year, when it registered 37,214 units.  As per the data released by the company, HCV registered a 28% decline, with 9,295 units sold during September 2024, as against 12,867 units sold during the… Continue reading Tata Motors wholesale slide by 23% YoY to 28,631 units in September 2024

Ashok Leyland’s domestic YoY wholesales slide by 12% in September 2024 

Chennai-based Ashok Leyland’s total domestic wholesales for its commercial vehicles in September 2024 stood at 16041 units, a 12% decline in comparison to 18,193 units during the corresponding month of the previous year. The M&HCV segment witnessed a drop of 15%, to 10,210 units during September  2024, as against 11,960 units in September 2023. Furthermore,… Continue reading Ashok Leyland’s domestic YoY wholesales slide by 12% in September 2024 

Greaves Cotton studying retrofitting of EVs, yet to take a call

Greaves Cotton Ltd., which holds a nearly 60% market share in the three-wheeler diesel engine business, has been looking at the viability of offering electric retrofitting kits for existing three-wheelers that run on its ICE-based powertrains, but is yet to take a final call on their launch. The concept of retrofitting involves replacing a vehicle’s internal combustion… Continue reading Greaves Cotton studying retrofitting of EVs, yet to take a call