Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Tata AutoComp Systems Limited (TACO), a leading automotive components company serving Indian and global OEMs, has appointed Manoj Kolhatkar as its new Managing Director & CEO. This announcement comes amid a broader focus on innovation and global expansion, as evidenced by recent developments in the Tata ecosystem.   Arvind Goel, Chairman of Tata AutoComp Systems… Continue reading Tata AutoComp Systems names Manoj Kolhatkar as Managing Director & CEO

Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

Suzuki Motorcycle India Pvt Ltd (SMIPL), the two-wheeler arm of Suzuki Motor Corporation, successfully concluded the third edition of its flagship motorcycling festival, Suzuki Matsuri. Held at Richardson & Cruddas, Mulund West, Mumbai, the event saw over 4,600 participants from diverse backgrounds coming together for a day of activities, entertainment, and community bonding. Devashish Handa,… Continue reading Suzuki Motorcycle India concludes Suzuki Matsuri in Mumbai

Drive mode! New models rev up EV sales again in November

Updated On Dec 3, 2024 at 08:45 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals As many as 8,357 EVs were sold last month compared to 7,064 units in November 2023, showed data from the Vahan portal of the ministry of road, transport & highways (MoRTH). New models lifted electric car… Continue reading Drive mode! New models rev up EV sales again in November

KTM announces year-end offer for the 2024 KTM 250 Duke

KTM India has introduced a year-end price offer for its 2024 KTM 250 DUKE, now available at Rs 2.25 lakh (ex-showroom, Delhi). This revised price represents a Rs 20,000 reduction from its current price of Rs 2.45 lakh and is valid until December 31, 2024. The 2024 KTM 250 DUKE comes equipped with features such… Continue reading KTM announces year-end offer for the 2024 KTM 250 Duke

Maruti Suzuki announces 10% sales growth in November 2024 with 181,531 units sold

In November 2024, Maruti Suzuki India Limited recorded total sales of 181,531 units, which included 144,238 units in domestic sales, 8,660 units sold to other OEMs, and 28,633 units in exports. In the mini segment, the company sold 9,750 units of the Alto and S-Presso models, compared to 9,959 units in November 2023. The compact… Continue reading Maruti Suzuki announces 10% sales growth in November 2024 with 181,531 units sold

Suzuki Motorcycle India reports 8% growth in November 2024, sells 94,370 units

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has announced its sales figures for November 2024. The company achieved total sales of 94,370 units, marking an 8% growth compared to 87,096 units sold in November 2023. In the domestic market, SMIPL sold 78,333 units, reflecting a 7% increase from 73,135… Continue reading Suzuki Motorcycle India reports 8% growth in November 2024, sells 94,370 units

Toyota Kirloskar Motor reports 44% Year-on-Year sales growth in November 2024

Toyota Kirloskar Motor (TKM) recorded domestic wholesales of 25,586 units in November 2024, reflecting a 44% growth compared to the 17,818 units sold in November 2023. The company also reported exports of 1,140 units during the month. For the first eight months of the financial year 2024–25, TKM achieved total sales of 2,19,054 units, representing… Continue reading Toyota Kirloskar Motor reports 44% Year-on-Year sales growth in November 2024

German Manager Magazine: “Raven black quarter” for German car manufacturers003787

The operating profit of Volkswagen, Mercedes-Benz and BMW was around 7.1 billion euros from July to September – and fell by almost half compared to the third quarter of 2023. This is shown by an analysis of the financial indicators of the world’s 16 largest car companies, which was carried out by the auditing and… Continue reading German Manager Magazine: “Raven black quarter” for German car manufacturers003787

Suzuki Matsuri to be held in Mumbai on December 1

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the Indian arm of Suzuki Motor Corporation, Japan, is set to bring its iconic motorcycling festival, Suzuki Matsuri, to Mumbai on December 1, 2024. The third edition of this community-building event will take place at Richardson & Cruddas, Mulund West, offering a day-long celebration of motorcycling passion, entertainment, and… Continue reading Suzuki Matsuri to be held in Mumbai on December 1

Transforming taxation in the Indian auto industry for sustainable growth

The conference aimed to strengthen collaboration between the industry and the government to create a tax environment conducive to growth, innovation, and sustainability. New Delhi: The Society of Indian Automobile Manufacturers (SIAM) held its 2024 conference on automotive taxation, focusing on how tax policies can support the industry’s growth and India’s economic development. The conference… Continue reading Transforming taxation in the Indian auto industry for sustainable growth