Swedish bearings manufacturing major SKF Group, a leading Tier-1 player across industries such as automotive and aerospace, is witnessing a heightened level of developmental work originating out of India. Its Global Technical Centre India (GTCI), located in Bengaluru, is conducting advanced engineering and product adaptation activities for local and global markets. The GTCI is also… Continue reading ‘India is a key part of our global engineering footprint’: SKF Group global CTO
Tag: Suzuki
Maruti to bring affordable hybrid tech in 2025
While the automotive industry rushes headlong into electrification, the reality is that hybrids are fast finding favour with car buyers and outselling EVs, and that too with a very limited choice of models. The jump in demand for hybrids has been driven by Maruti Suzuki and Toyota, who, unlike most other automakers, aren’t rushing into the… Continue reading Maruti to bring affordable hybrid tech in 2025
Maruti Suzuki extends NEXA experience to non-urban centres
Maruti Suzuki has launched compact-format NEXA Service workshops nationwide, aiming to offer the NEXA service experience to customers in non-urban areas. The first six centers are strategically located in Ateli (Haryana), Charkhi Dadri (Haryana), Bankura (West Bengal), Dahod (Gujarat), Nirmal (Telangana), and Ooty (Tamil Nadu). Hisashi Takeuchi, Managing Director & CEO of Maruti Suzuki India… Continue reading Maruti Suzuki extends NEXA experience to non-urban centres
Upcoming car launches: February 2024 and beyond
The first month of 2024 has already seen 18 new car launches, which is no small number by any means, and it doesn’t seem like carmakers are slowing down much. There are at least 8 new cars that are expected to launch in India in the next few months, and the models being brought in… Continue reading Upcoming car launches: February 2024 and beyond
Yamaha powers Indian electric scooter maker River’s $40m funding round
Electric scooter maker River on Tuesday said it has raised $40 million in a Series B funding round led by Yamaha Motor Co to scale its distribution and service network and ramp up R&D for future products. Its existing investors Al Futtaim Group, Lowercarbon Capital, Toyota Ventures, and Maniv Mobility also participated in the round.… Continue reading Yamaha powers Indian electric scooter maker River’s $40m funding round
SIAM’s ‘Surakshit Safar’ Pavilion promotes road safety at Bharat Mobility Global Expo 2024
The Society of Indian Automobile Manufacturers (SIAM) took a proactive step towards addressing the issue of rising road accidents in India by organising the ‘Surakshit Safar’ (Safe Journey) Pavilion at the Bharat Mobility Global Expo 2024. In collaboration with mobility solution provider Rosmerta, SIAM’s Road Safety initiative focused on the 4Es: Education, Enforcement, Engineering, and… Continue reading SIAM’s ‘Surakshit Safar’ Pavilion promotes road safety at Bharat Mobility Global Expo 2024
Hyundai i20 Sportz (O) priced at Rs 8.73 lakh
The Hyundai i20 facelift was launched in the Indian market back in September 2023 and the brand has now introduced a new Sportz (O) trim that is Rs 35,000 dearer than the Sportz trim, which sits below the new trim. The Sportz (O) is priced at Rs 8.73 lakh (ex-showroom) for the monotone paint options, while the dual-tone paint… Continue reading Hyundai i20 Sportz (O) priced at Rs 8.73 lakh
Hyundai mulls $3b India IPO later this yearIt is in early talks for an IPO that could value the company at $25-30b.
South Korea’s Hyundai Motor is exploring an initial public offering (IPO) for its Indian unit to raise at least $3 billion, two sources familiar with the matter said on Monday. Hyundai Motor India is also in early stage talks for an IPO later this year that could value the company at $25 billion-$30 billion, the… Continue reading Hyundai mulls $3b India IPO later this yearIt is in early talks for an IPO that could value the company at $25-30b.
Autocar Professional’s February 1, 2024, issue is out!
The highlight of the issue discusses the challenges and developments in the automotive industry, particularly focusing on the race to net zero and the debate around the adoption of hybrid vehicles. The text mentions the hurdles faced by electric vehicles (EVs), such as inadequate infrastructure, high acquisition costs, and fast-changing battery technologies, leading to a… Continue reading Autocar Professional’s February 1, 2024, issue is out!
Autocar Professional’s February 1, 2024, issue is out!
The highlight of the issue discusses the challenges and developments in the automotive industry, particularly focusing on the race to net zero and the debate around the adoption of hybrid vehicles. The text mentions the hurdles faced by electric vehicles (EVs), such as inadequate infrastructure, high acquisition costs, and fast-changing battery technologies, leading to a… Continue reading Autocar Professional’s February 1, 2024, issue is out!