Honda Motorcycle & Scooter India’s (HMSI) dominance of the scooter market continues unabated. With 1.58 million units of the 110cc and 125cc Activa scooters dispatched to its dealers across the country in the first six months of FY2025, HMSI has clocked strong 23% YoY growth on a high year-ago base. This sees the company increase… Continue reading Honda sells 1.58 million Activas in H1 FY2025, TVS, Bajaj, Suzuki and Yamaha drive growth
Tag: Suzuki
BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country’s largest share offering yet. The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million, while Fidelity bought shares worth… Continue reading BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
Two-Wheeler Catalytic Converter Market to Grow by USD 560.7 Million (2024-2028), Driven by Stricter Emission Norms & AI Impact on Market Trends- Technavio Report
NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global two-wheeler catalytic converter market size is estimated to grow by USD 560.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.6% during the forecast period. Increasing stringency of emission norms for… Continue reading Two-Wheeler Catalytic Converter Market to Grow by USD 560.7 Million (2024-2028), Driven by Stricter Emission Norms & AI Impact on Market Trends- Technavio Report
Hyundai India IPO: Raises Rs 8,315 crore from 225 anchor investors
Hyundai Motor India Ltd today raised Rs. 8,315.28 crore from 225 anchor investors ahead of the opening of its initial public offering on Tuesday The company has finalised the allocation of 4.2 crore equity shares to anchor investors for Rs 1,960 per share, the company said in an exchange filing. Out of the total allocation to the anchor investors, 1.46 crore equity shares, or 34.42%, were allocated to… Continue reading Hyundai India IPO: Raises Rs 8,315 crore from 225 anchor investors
Used car market impacting new entry-level car sales: SIAM President
The entry-level car market is struggling to revive and the booming used car market could be one of the major reasons impacting the sales of new entry-level cars. “There is pressure possibly from the used-car industry on the entry-level segment. There are structural changes, which seem to be happening,” Shailesh Chandra, President of the Society of… Continue reading Used car market impacting new entry-level car sales: SIAM President
Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market
The overall passenger vehicle (PV) segment which comprises hatchbacks, sedans and utility vehicles, as expected, has registered flat wholesales of just 0.5% in the April-September 2024 period. As per the PV OEM dispatch data released by industry body SIAM, all 16 OEMs dispatched a total of 20,81,143 units, just 10,183 units more than they did… Continue reading Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market
Hyundai India flags off $3.3b IPO in country’s largest ever share saleHyundai will not issue new shares in the IPO.
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country’s largest ever share offering and world’s second biggest IPO in 2024. The IPO shows that India’s red hot capital markets show no sign of cooling,… Continue reading Hyundai India flags off $3.3b IPO in country’s largest ever share saleHyundai will not issue new shares in the IPO.