Maruti Suzuki has begun series production of the Jimny 5-door at its Gurugram plant. The Jimny will first go on sale in India next month and was shown to the general public in January at the Auto Expo 2023. Bookings for the Jimny 5-door had commenced on the day of its global debut and we can now confirm… Continue reading Maruti Suzuki begins production for the 5-door Jimny ahead of June launch
Tag: Suzuki
Hyundai i20 facelift revealed ahead of India launch
Hyundai has released the first set of pictures and details of the refreshed i20 that will go on sale in Europe soon. The India launch of the i20 facelift, however, is still some time away, according to sources. The current-gen i20 went on sale overseas in mid-2020, but it was launched in India towards the end of the year.… Continue reading Hyundai i20 facelift revealed ahead of India launch
Toyota Glanza sells over 100,000 units since launch
Toyota Kirloskar Motor’s premium Glanza hatchback has driven past the 100,000-unit sales milestone in the domestic market. The Glanza is intrinsically the rebadged Baleno, which Maruti Suzuki India manufactures at Suzuki Motor Corp’s plant in Gujarat for Toyota Kirloskar Motor. Launched on June 8, 2019, the Glanza has, till end-March 2023, sold a total of… Continue reading Toyota Glanza sells over 100,000 units since launch
South Korea’s Hyundai to invest $2.45bn in Indian state
CHENNAI, India (Reuters) — South Korea’s Hyundai Motor Co said on Thursday it will invest 200 billion rupees ($2.45 billion) in the Indian state of Tamil Nadu over the next 10 years to beef up electric vehicle production in the world’s most populous country. Tamil Nadu’s Chennai, dubbed the Detroit of Asia, is a hub… Continue reading South Korea’s Hyundai to invest $2.45bn in Indian state
Japan’s Genesia Ventures closes third fund below target at $110mIn Feb last year, the firm hit the first close of its third fund at approximately $90m…
Japanese early-stage investor Genesia Ventures has closed its third fund at $110 million, lower than its initial target of $130 million, according to a statement. The fund, Genesia Venture Fund 3 Investment Limited Partnership, similar to its predecessors, will back investments in pre-seed and seed-stage startups in Japan and Southeast Asia. This vehicle will continue to… Continue reading Japan’s Genesia Ventures closes third fund below target at $110mIn Feb last year, the firm hit the first close of its third fund at approximately $90m…
Gabriel partners with Inalfa Roof Systems for local sunroof manufacturing at Chennai
Gabriel India, ANAND Group’s flagship company, has signed a Technical Collaboration and Alliance agreement with Inalfa Roof Systems to manufacture sunroofs for the Indian automotive market. Inalfa Roof Systems is a US$1.5 billion Dutch roof systems provider for the automotive and truck industry. Gabriel India aims to invest Rs 170 crore into the technical collaboration… Continue reading Gabriel partners with Inalfa Roof Systems for local sunroof manufacturing at Chennai
Kia launches Sonet Aurochs Edition at Rs 11.85 lakh
Kia has launched the Sonet Aurochs Edition at a starting price of Rs 11.85 lakh (ex-showroom). This new edition is based on the HTX trim level and is available with the 1.0-litre turbo-petrol and the 1.5-litre turbo-diesel engines. The Aurochs Edition sits between the HTX and HTX+ trims in the Sonet’s variant line-up. Here’s a break-up of the… Continue reading Kia launches Sonet Aurochs Edition at Rs 11.85 lakh
Suzuki inaugurates exclusive motorcycle showroom, ‘Bike Zone’ in Mumbai and Ahmedabad
Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) inaugurated its first exclusive motorcycle showroom in Mumbai and Ahmedabad. Both these Exclusive Suzuki Motorcycle Showrooms will be the 7th and 8th Suzuki Bike Zone Outlets in India respectively. Kenichi Umeda, Managing Director, Suzuki Motorcycle India said, “In FY 2022-23, the company recorded an… Continue reading Suzuki inaugurates exclusive motorcycle showroom, ‘Bike Zone’ in Mumbai and Ahmedabad
TVS NTorq crosses 1.45 million sales since launch, records best-ever fiscal sales in FY2023
TVS Motor Co, which sold a total of 12,45,993 scooters in FY2023 and recorded 44% year-on-year growth, also saw its scooter market share expand to 24% from 21% in FY2022. The key drivers of this growth are its flagship Jupiter and the NTorq, which together contribute the bulk of its scooter sales. In FY2023, total… Continue reading TVS NTorq crosses 1.45 million sales since launch, records best-ever fiscal sales in FY2023
Asia Pacific Two-Wheeler Market Report 2023: Sector is Expected to Reach $95.32 Million in 2027 at a CAGR of 9.28%
DUBLIN, May 5, 2023 /PRNewswire/ — The “Asia Pacific Two-Wheeler Market By Vehicle Type (Scooter/Moped, Motorcycle), By Propulsion (ICE and Electric), By Country, Competition Forecast & Opportunities, 2017- 2027F” report has been added to ResearchAndMarkets.com’s offering. The Asia Pacific two-wheeler market stood at $58.82 million in 2021 and is estimated to reach $95.32 million in… Continue reading Asia Pacific Two-Wheeler Market Report 2023: Sector is Expected to Reach $95.32 Million in 2027 at a CAGR of 9.28%