Toyota Kirloskar Motor (TKM) has received the prestigious ‘Star Performer Award’ at the 54th EEPC India National Export Awards ceremony held in New Delhi. The automotive manufacturer was recognised for outstanding export performance in the engineering products sector, specifically in the Engines & Parts category under the Large Enterprise segment for the 2021-22 export year.… Continue reading Toyota Kirloskar Motor Receives Star Performer Award at EEPC India Export Awards
Category: US Motoring Press
Honda Elevate Reaches 100,000 Sales Across Domestic and Export Markets
Honda Cars India Ltd. (HCIL) announced today that its Honda Elevate SUV has reached a cumulative sales milestone of 100,000 units across domestic and international markets. The achievement comes approximately 17 months after the model’s initial launch in September 2023. According to company data, domestic sales account for 53,326 units, while exports to international markets… Continue reading Honda Elevate Reaches 100,000 Sales Across Domestic and Export Markets
Mobec Innovation Opens Lithium Battery Recycling Plant in Noida
Mobec Innovation has inaugurated its first lithium battery recycling plant in Noida, Uttar Pradesh, marking a significant development in India’s clean energy infrastructure. The facility, with an annual processing capacity of 6,000 tons, aims to reduce the country’s reliance on imported critical minerals while supporting national sustainability goals. The plant represents Mobec’s strategic expansion beyond… Continue reading Mobec Innovation Opens Lithium Battery Recycling Plant in Noida
Gromax Celebrates 25 Years of M&M-Gujarat Government Joint Venture
Gromax Agri Equipment Ltd. marks 25 years of strategic partnership between Mahindra & Mahindra Ltd. and the Government of Gujarat today, commemorating a quarter-century of providing mechanisation solutions to Indian farmers. The company, initially established as Mahindra Gujarat Tractor Ltd. when Mahindra acquired its majority stake in 1999, was renamed Gromax Agri Equipment Ltd. in… Continue reading Gromax Celebrates 25 Years of M&M-Gujarat Government Joint Venture
Yamaha Evaluates Local EV Platform for India
Yamaha Motor is actively exploring the possibility of developing a local electric vehicle (EV) platform for India, however, a final decision is pending, according to Itaru Otani, Chairman of Yamaha Motor India Group. While the company has a defined EV strategy, it has not disclosed any specific timeline for its entry into the Indian electric… Continue reading Yamaha Evaluates Local EV Platform for India
Eurogrip Launches Trailhound Motorcycle Tyres in Indian Market
Eurogrip Tyres has officially launched its internationally recognized Trailhound tyre line in India, expanding options for the country’s growing adventure motorcycle segment. The company unveiled two distinct variants at today’s launch event: the Trailhound SCR, engineered for modern-classic roadsters and café racers, and the Trailhound STR, developed specifically for medium to large adventure motorcycles. The… Continue reading Eurogrip Launches Trailhound Motorcycle Tyres in Indian Market
Who is Forseven? New UK start-up made up of top industry talent
A little-known British EV start-up has been quietly recruiting some of the industry’s best-known executives as it gears up to launch an assault on the global luxury car market. Named Forseven, the three-year-old firm is backed by cash-rich CYVN Holdings, an investment group majority-owned by the Abu Dhabi government. The group also owns Gordon Murray… Continue reading Who is Forseven? New UK start-up made up of top industry talent
Car makers suffer punishing year in China – with more woe to come
Aston Martin CEO Adrian Hallmark recalled the disbelief from seasoned luxury car dealers at the speed of the sales collapse in China. “You sit around the table with them and they’re saying ‘what is this?’. They’ve never experienced a recession; it has been constant growth for 25 years.” Global car makers, from boutique luxury brands… Continue reading Car makers suffer punishing year in China – with more woe to come
Maruti Suzuki begins production at new Kharkhoda plant
Maruti Suzuki India has today begun commercial production operations at its new Kharkhoda facility in Haryana. The foundation stone, for this facility, was laid by Prime Minister Shri Narendra Modi in August 2022, virtually. The Kharkhoda plant adds manufacturing muscle to Maruti Suzuki’s three existing manufacturing facilities: two in Haryana (Gurgaon and Manesar) and one… Continue reading Maruti Suzuki begins production at new Kharkhoda plant
150-200cc sole bike category to see sales decline, TVS rules with 364,000 Apaches
The two-wheeler industry is the biggest volume segment for India Auto Inc and the 16.56 million units (1,65,65,788 / up 10.7% YoY) that OEMs has dispatched to their dealers in the first 10 months of FY2025 are proof of that. Demand has bounced back for both motorcycles and scooters and the results are there to… Continue reading 150-200cc sole bike category to see sales decline, TVS rules with 364,000 Apaches