Maruti Suzuki Partners with SMFG India Credit for Commercial Vehicle Financing

Maruti Suzuki India Limited (MSIL) announced today a new partnership with SMFG India Credit (SMICC) to offer customized auto retail financing solutions for buyers of its commercial vehicles. The Memorandum of Understanding (MoU) signed on May 21, 2025, specifically targets customers of Maruti Suzuki’s Super Carry and Eeco Cargo models. The agreement was formalized in… Continue reading Maruti Suzuki Partners with SMFG India Credit for Commercial Vehicle Financing

Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing

Maruti Suzuki India Limited (MSIL) signed a Memorandum of Understanding (MoU) with Standard Chartered Bank on Tuesday to provide inventory funding solutions to its nationwide dealer network. The partnership is designed to address working capital requirements for the automaker’s extensive sales network. The agreement was finalized in New Delhi in the presence of senior executives… Continue reading Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing

Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing

Maruti Suzuki India Limited (MSIL) signed a Memorandum of Understanding (MoU) with Standard Chartered Bank on Tuesday to provide inventory funding solutions to its nationwide dealer network. The partnership is designed to address working capital requirements for the automaker’s extensive sales network. The agreement was finalized in New Delhi in the presence of senior executives… Continue reading Maruti Suzuki Forms Strategic Partnership with Standard Chartered Bank for Dealer Financing

Maruti Suzuki Expands CSR Initiatives to Eight Villages Near Kharkhoda Facility

Maruti Suzuki India Limited has expanded its corporate social responsibility (CSR) footprint to eight villages surrounding its Kharkhoda facility in Haryana, the company announced on Tuesday. The initiatives target the villages of Kundal, Rampur, Saidpur, Pipli, Gopalpur, Sohati, Rohna and Thana Kalan. In partnership with the Department of Education, Sonipat, the company has established two… Continue reading Maruti Suzuki Expands CSR Initiatives to Eight Villages Near Kharkhoda Facility

Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth

Steel Strip Wheels Ltd (SSWL), a leading Indian wheel manufacturer, is planning to expand its annual wheel manufacturing capacity to 5.3 million units by FY26 from the current 4.8 million units in FY25. The expansion comes as the company positions itself to capitalize on expected orders from Maruti Suzuki and anticipates a gradual recovery in… Continue reading Steel Strip Wheels to Expand Capacity in FY26 Amid Export Growth

Exclusive – Yamaha Partners with River to Launch High-Performance Electric Scooter RY01 in India

In a decisive strategic shift, Yamaha Motor Company has partnered with Indian electric mobility startup River to co-develop and manufacture its first high-performance global electric scooter, codenamed RY01. This marks Yamaha’s formal entry into the high-volume Indian EV two-wheeler segment and represents a pivot from its earlier European strategy centered around low-speed electric scooters. Slated… Continue reading Exclusive – Yamaha Partners with River to Launch High-Performance Electric Scooter RY01 in India

Exclusive – Yamaha Partners with River to Launch High-Performance Electric Scooter RY01 in India

In a decisive strategic shift, Yamaha Motor Company has partnered with Indian electric mobility startup River to co-develop and manufacture its first high-performance global electric scooter, codenamed RY01. This marks Yamaha’s formal entry into the high-volume Indian EV two-wheeler segment and represents a pivot from its earlier European strategy centered around low-speed electric scooters. Slated… Continue reading Exclusive – Yamaha Partners with River to Launch High-Performance Electric Scooter RY01 in India

More than one in four cars sold worldwide this year set to be electric

The International Energy Agency (IEA) has, in its annual Global EV Outlook, forecast that despite significant uncertainties, electric passenger cars’ market share is on course to exceed 40% by 2030 as they become increasingly affordable in more markets. Following another year of robust growth in CY2024, global sales of electric cars are on track to… Continue reading More than one in four cars sold worldwide this year set to be electric

More than one in four cars sold worldwide this year set to be electric

The International Energy Agency (IEA) has, in its annual Global EV Outlook, forecast that despite significant uncertainties, electric passenger cars’ market share is on course to exceed 40% by 2030 as they become increasingly affordable in more markets. Following another year of robust growth in CY2024, global sales of electric cars are on track to… Continue reading More than one in four cars sold worldwide this year set to be electric