Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Fueled by robust improvement in vehicle dispatches, a higher mix of sports utility vehicles and softening of commodity prices, India’s largest passenger vehicle maker Maruti Suzuki India posted a 33% on-year growth in its standalone net profit for the December quarter. The automaker’s net profit came in at Rs 3,130 crore, against Rs 2,351.3 crore… Continue reading Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Fueled by robust improvement in vehicle dispatches, a higher mix of sports utility vehicles and softening of commodity prices, India’s largest passenger vehicle maker Maruti Suzuki India posted a 33% on-year growth in its standalone net profit for the December quarter. The automaker’s net profit came in at Rs 3,130 crore, against Rs 2,351.3 crore… Continue reading Maruti Suzuki’s Q3 profit rides high on volume, mix, softening RM costs

Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ — Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findings, recognizes Excelfore with the 2024 Global Enabling Technology Leadership Award. Excelfore is an industry-leading company that creates reliable standards-based connectivity solutions to… Continue reading Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ — Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findings, recognizes Excelfore with the 2024 Global Enabling Technology Leadership Award. Excelfore is an industry-leading company that creates reliable standards-based connectivity solutions to… Continue reading Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Input Cost Swings Hit Cos’ Pricing Plans

While this makes a case for a price hike, appliance manufacturers are absorbing it while carmakers are passing a portion to aid demand recovery. New Delhi : Leading consumer goods companies including Hindustan Unilever (HUL), ITC, Maruti Suzuki and Parle Products are seeing certain commodity prices see-sawing and industry executives fear it will have an… Continue reading Input Cost Swings Hit Cos’ Pricing Plans

Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Excelfore delivers best-in-class, standards-based in-vehicle and cloud-to-vehicle connectivity solutions to the software-defined vehicle ecosystem. SAN ANTONIO, Jan. 30, 2024 /PRNewswire/ — Frost & Sullivan recently researched the over-the-air (OTA) solutions providers and, based on its findings, recognizes Excelfore with the 2024 Global Enabling Technology Leadership Award. Excelfore is an industry-leading company that creates reliable standards-based connectivity solutions to… Continue reading Excelfore Recognized with Frost & Sullivan’s 2024 Global Enabling Technology Leadership Award for Its Revolutionary OTA Solutions for the Automotive Industry

Prime Minister Modi to address Bharat Mobility Global Expo on Feb 2

Prime Minister Narendra Modi is set to address the Bharat Mobility Global Expo 2024 on February 2. The three-day mega exhibition, which will be held from February 1-3 in Bharat Mandapam, Delhi, will bring together 28 original equipment makers and over 600 component makers. The event is being planned to showcase India as a global… Continue reading Prime Minister Modi to address Bharat Mobility Global Expo on Feb 2

Tata Motors surpasses Maruti Suzuki to become India’s most valued automaker

Tata Motors Ltd today surpassed Maruti Suzuki India Ltd on the stock market to become the most valued automaker in India in terms of market capitalisation. As per Tuesday’s closing price on the National Stock Exchange, the combined market capitalisation of Tata Motors and Tata Motors DVR shares stood at Rs 3.17 lakh crore, compared… Continue reading Tata Motors surpasses Maruti Suzuki to become India’s most valued automaker

Suzuki dealers help deliver ‘fantastic result’ in customer survey

Suzuki GB PLC is achieved a high ranking in the latest bi-annual Institute of Customer Service’s UK Customer Satisfaction Index (UKCSI) published this week. Suzuki is in first position in the Automotive sector and in 15th position overall across all measured sectors from 270 named organisations. The index is a barometer of customer satisfaction measuring… Continue reading Suzuki dealers help deliver ‘fantastic result’ in customer survey

Priyesh Kumar joins Jeep as its brand director, Stellantis India may announce new Citroen head soon

Stellantis India has appointed Priyesh Kumar as the brand director for Jeep in the country, as part of its move to revamp top management. In a career spanning over 27 years, Kumar, a sales and marketing veteran in the auto industry, has worked for brands such as Eicher Motors, Maruti Suzuki and Tata Motors. He… Continue reading Priyesh Kumar joins Jeep as its brand director, Stellantis India may announce new Citroen head soon