Even as FY2025 draws to a close three weeks from today, there have been plenty of headlines on the Hero versus Honda battle being played out in India. Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI), once-joint-partner companies and now arch rivals, are slugging it out in a no-holds-barred battle for supremacy in the… Continue reading Hero vs Honda: Retail sales gap shrinks from 2.2 million units in FY2016 to 587,000 in FY2025
Category: US Motoring Press
Mufin Group Acquires Majority Stake in LKP Finance in an All-Cash Deal
Mufin Group has acquired a majority stake in LKP Finance Limited in an all-cash transaction, increasing the group’s net worth by ₹370 crore. The acquisition is expected to support Mufin Group’s expansion plans by utilising LKP Finance’s capital base alongside its expertise in lending. LKP Finance Limited is a non-banking financial company (NBFC) in… Continue reading Mufin Group Acquires Majority Stake in LKP Finance in an All-Cash Deal
Ultraviolette Tesseract Receives Over 20,000 Pre-Bookings Within 48 Hours
Ultraviolette has announced that its newly unveiled electric scooter, the Tesseract, has received over 20,000 pre-bookings within 48 hours. In response to the demand, the company has extended the introductory price of ₹1.2 lakh for the first 50,000 bookings. The Tesseract features a sharp and aerodynamic design, with different styling elements. It has a large… Continue reading Ultraviolette Tesseract Receives Over 20,000 Pre-Bookings Within 48 Hours
Castrol India Relaunches Two-Wheeler Engine Oil with Shah Rukh Khan Campaign
Castrol India Limited announced today the relaunch of Castrol Activ, its market-leading two-wheeler engine oil brand. The updated product features enhanced protection against engine overheating and comes with new packaging that includes brand ambassador Shah Rukh Khan on the label. The company has introduced a product upgrade to API SN standards alongside a new marketing… Continue reading Castrol India Relaunches Two-Wheeler Engine Oil with Shah Rukh Khan Campaign
‘We plan to launch 14 new products in CY25:’ Bipul Chandra
Ducati India is set to introduce a flurry of new products in CY25, with the company already launching its DesertX Discovery and 2025 Panigale in the country in the last few weeks. The company is betting big on a total of 14 new product introductions to drive growth in this year, despite the ongoing headwinds… Continue reading ‘We plan to launch 14 new products in CY25:’ Bipul Chandra
McLaren Mumbai Wins McLaren Retailer of the Year Award for Middle East, India and Africa Region
McLaren Automotive has announced its regional winners for the prestigious Retailer of the Year awards, with McLaren Mumbai claiming the top spot for the Middle East, India and Africa region. This recognition marks a significant achievement for the Mumbai-based retailer, earning them exclusive membership in the McLaren Premier Club, reserved for the luxury automotive brand’s… Continue reading McLaren Mumbai Wins McLaren Retailer of the Year Award for Middle East, India and Africa Region
Hyundai Foundation Expands Women’s Healthcare and Employment Programs
Hyundai Motor India Foundation (HMIF), the CSR arm of Hyundai Motor India Limited (HMIL), has introduced several initiatives aimed at improving healthcare access, economic independence, and employment opportunities for women across India. These programs align with Hyundai’s global vision of Creating Shared Value – ‘CONTINUE’ – and focus on long-term social impact. As part of… Continue reading Hyundai Foundation Expands Women’s Healthcare and Employment Programs
BMW Motorrad India Launches Updated BMW C 400 GT at ₹11.50 Lakh
BMW Motorrad India has launched the updated BMW C 400 GT, a premium midsize scooter, in the Indian market. Available as a completely built-up unit (CBU), the model can now be booked at BMW Motorrad dealerships across the country. Priced at ₹11,50,000 (ex-showroom), the BMW C 400 GT features several updates, including a 10.25-inch… Continue reading BMW Motorrad India Launches Updated BMW C 400 GT at ₹11.50 Lakh
Lohum to Scale Up Capacity by 5X in 3 Years
India’s largest lithium-ion battery recycling company, Lohum, is likely to increase its recycling capacity to a whopping 25-30GWh per year by 2027 from the current 5GWh, with new facilities set to launch in southern parts of India starting next year, the company founder told Autocar Professional. “We are going to expand capacity by 70-80% each… Continue reading Lohum to Scale Up Capacity by 5X in 3 Years
Toyota Unveils Hilux Black Edition in India with Premium Features and All-Black Design
Toyota Kirloskar Motor (TKM) has announced the introduction of a new Hilux Black Edition in India, featuring an all-black themed design while maintaining the vehicle’s renowned toughness and capability. The new variant is priced at Rs. 37,90,000 ex-showroom nationwide and will be available for delivery starting March 2025. The Hilux Black Edition is powered by… Continue reading Toyota Unveils Hilux Black Edition in India with Premium Features and All-Black Design