The year 2024 has been crucial for Nitin Gadkari, India’s Union Minister for Road Transport and Highways, as he goes about his mission of corralling support for the country’s sustainable transportation agenda. Known for his straightforward speeches and practical approach, Gadkari has led policies that are transforming India’s transportation sector and advancing its role in… Continue reading NEWSMAKER 2024: Nitin Gadkari – The roadbuilder…
Category: US Motoring Press
‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar
With demand for Toyota Kirloskar’s SUVs, cars and MUVs at an alltime high, the automaker is determined to expanding its production capacity and reduce the waiting time for its models, says Managing Director and CEO Masakazu Yoshimura. In the interview, he also talks about how Toyota’s global alliance with Suzuki is performing, the company’s journey… Continue reading ‘Demand has been far beyond our expectations’ – Masakazu Yoshimura, Toyota Kirloskar
TVS Motor records 7% YoY growth in December sales
TVS Motor Company’s December sales increased by 7% on-year to 321,687 units. While two-wheeler sales increased by 8%, three-wheeler sales fell by 18% in December, 2024. The company witnessed a rise in total two-wheeler sales to 312,002 units in December from 290,064 units in the same month last year. Of this, it sold 215,075 units… Continue reading TVS Motor records 7% YoY growth in December sales
Govt to disburse incentives under PLI Auto scheme from Q4FY25
The government expects to start disbursing the incentives under the production-linked incentive (PLI) scheme for automobile and auto components in the January-March quarter of the current financial year 2025, according to the Ministry of Heavy Industries. The Rs 25,938 crore output-linked incentive scheme was launched in 2021 to boost domestic manufacturing of advanced automotive technology… Continue reading Govt to disburse incentives under PLI Auto scheme from Q4FY25
Renault India introduces standard 3-Year warranty, extended coverage options
Renault India, a subsidiary of the Renault Group, has announced a standard 3-year or 1,00,000 km warranty for all vehicles delivered from January 1, 2025. This warranty covers mechanical and electrical issues related to material defects, workmanship, or manufacturing faults, aiming to enhance customer confidence in Renault’s products. Additionally, the company has introduced extended… Continue reading Renault India introduces standard 3-Year warranty, extended coverage options
After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
Mahindra Group concluded 2024 achieving record-breaking growth across its business verticals and is setting the stage for an ambitious 2025. In a message to associates, Managing Director and CEO Anish Shah said that Mahindra’s balanced portfolio across the Auto, Farm, and Services sectors has been instrumental in its success, contributing significantly to profitability while establishing… Continue reading After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
Mahindra Group concluded 2024 achieving record-breaking growth across its business verticals and is setting the stage for an ambitious 2025. In a message to associates, Managing Director and CEO Anish Shah said that Mahindra’s balanced portfolio across the Auto, Farm, and Services sectors has been instrumental in its success, contributing significantly to profitability while establishing… Continue reading After record growth in 2024, M&M’s Anish Shah sets bold agenda for 2025
AlphaVector’s Ninety One cycles surpasses 3 million sales, expands into electric two-wheelers
AlphaVector (India) Pvt. Ltd., the company behind the Ninety One Cycles brand, has surpassed a significant milestone by selling over 3 million bicycles, including a record 440,000 units in 2024. The company experienced over 100% sales growth in states like Uttar Pradesh, Bihar, Chhattisgarh, Odisha, and Jharkhand, driven by increasing demand for accessible and dependable… Continue reading AlphaVector’s Ninety One cycles surpasses 3 million sales, expands into electric two-wheelers
Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Tata Motors Ltd and Mahindra & Mahindra have submitted a total of Rs 246 crore in incentive claims under the government’s production-linked incentive (PLI) scheme for automobile and auto components, according to the Ministry of Heavy Industries. These incentive claims are made on determined sales for the financial year 2024 and the claims have been… Continue reading Tata Motors, Mahindra claim Rs 246 crore as incentives under PLI Auto Scheme
Maharashtra government rings in 2025 with plans for bike taxis and maxi cabs
As part of a 100-day plan to improve the state’s transport system, Chief Minister, Devendra Fadnavis recently announced that, Maharashtra will introduce bike taxis and maxi taxis in 2025, which are shuttle services that can carry 10-12 passengers. While the maxi taxi project intends to serve satellite cities and rural areas within Maharashtra, the bike… Continue reading Maharashtra government rings in 2025 with plans for bike taxis and maxi cabs