CTEK Charging: The Power Behind a Successful Show

Tips for a Successful SEMA Show CHICAGO, Oct. 25, 2024 /PRNewswire/ — The SEMA Show is one of the most anticipated automotive events of the year, where the world’s top builders, manufacturers, and enthusiasts come together to showcase the latest innovations in the industry. With hundreds of cars on display for days, one crucial but… Continue reading CTEK Charging: The Power Behind a Successful Show

Autoliv Q3 Earnings Miss Expectations, Guidance Trimmed

Autoliv Inc. ALV reported third-quarter 2024 adjusted earnings of $1.84 per share, which missed the Zacks Consensus Estimate of $2 but rose 11% year over year. The company reported net sales of $2.56 billion in the quarter, which beat the Zacks Consensus Estimate of $2.54 million but fell 1.6% year over year. Stay up-to-date with… Continue reading Autoliv Q3 Earnings Miss Expectations, Guidance Trimmed

Hyundai Motor India’s shares give in to gravity on day 1, despite analyst backing

Despite leading broking houses issuing ‘buy’ ratings on the freshly minted shares of Hyundai Motor India, the stock fell by around 6% on its first day of trading. The shares, which were priced at Rs 1,960 during the IPO, ended their first day on Indian bourses at Rs 1,819.60. They had opened at Rs 1,934,… Continue reading Hyundai Motor India’s shares give in to gravity on day 1, despite analyst backing

Hyundai India stock falls as much as 4.6% after record IPO

Shares of Hyundai Motor India fell as much as 4.6% soon after their stock market debut, but stabilised soon after. The automaker’s shares made their debut on the stock exchanges at a discount to the issue price. The listing price on the National Stock Exchange was Rs 1,934, representing a discount of 1.3% on the… Continue reading Hyundai India stock falls as much as 4.6% after record IPO

Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%

India’s second largest car maker Hyundai Motor India made its debut on the stock exchanges on Tuesday as its equity shares started trading at a listing price of Rs 1,934 on the NSE. The listing price represents a 1.3% discount to the issue price of Rs 1,960. This IPO has become the largest in the… Continue reading Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%

Automobile exports from India rise 14% in Apr-Sep period

Overall exports stood at 45,00,492 units in the last fiscal year as compared with 47,61,299 units in FY23. New Delhi: Automobile exports from India in the first six months of the current fiscal year rose 14 per cent year-on-year, led by gains in shipments of passenger vehicles and two-wheelers. According to Siam data, the overall… Continue reading Automobile exports from India rise 14% in Apr-Sep period

Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs

The facelifted Nissan Magnite, which was launched in India on October 4, has been the latest offering from the Japanese carmaker, which has been largely relying on this sole model’s success since it was first introduced in end-2020, to stay afloat in a challenging Indian market. The Magnite, which disrupted the entry-level SUV segment with… Continue reading Nissan Magnite facelift looks to challenge hatchbacks, entry level SUVs

Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3

Even though passenger vehicle leader Maruti Suzuki India’s domestic market wholesales at 844,614 units were down 3% YoY in April-September 2024, the company is riding a wave of export demand. In the first-half of FY2025, Maruti Suzuki has shipped a total of 147,063 PVs, up 12% YoY. This number is 52% of its record export… Continue reading Maruti Suzuki takes huge lead in car, SUV exports in H1 FY2025, Volkswagen is the new No. 3

Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival

There’s good news for the Indian automobile industry from the export perspective. Demand for made-in-India vehicles has risen by 14% year on year in the April-September 2024 period to 25,28,248 units (H1 FY2024: 22,11,457 units). In FY2024, exports had witnessed a 5.5% YoY decline at 45,00,492 units with three of the four vehicle segments down… Continue reading Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival

Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival

There’s good news for the Indian automobile industry from the export perspective. Demand for made-in-India vehicles has risen by 14% year on year in the April-September 2024 period to 25,28,248 units (H1 FY2024: 22,11,457 units). In FY2024, exports had witnessed a 5.5% YoY decline at 45,00,492 units with three of the four vehicle segments down… Continue reading Vehicle exports from India rise 14% in H1 FY2025, SUVs, 2-wheelers and CVs drive revival