HiBid Nears $54M in GMV Sold Last Week, with Luxury Cars, Vintage Motorcycles, Speedboats, Antique Tractors & More Now Open for Bidding

OCALA, Fla., April 26, 2023 /PRNewswire/ — Almost 668,000 lots were sold through HiBid.com last week in 1,605 timed and online auctions held between April 17th and 23rd. The HiBid platform enabled the sale of over $53.8 million in gross merchandise value and a total hammer value surpassing $89.2 million. There are thousands of current… Continue reading HiBid Nears $54M in GMV Sold Last Week, with Luxury Cars, Vintage Motorcycles, Speedboats, Antique Tractors & More Now Open for Bidding

Maruti Suzuki approves 1 million units in fresh capacity, company crosses Rs 1 lakh crore in turnover for the first time ever

Maruti Suzuki approves 1 million units in fresh capacity, company crosses Rs 1 lakh crore in turnover for the first time ever Despite disruptions in the supply chain, Maruti Suzuki, the country’s largest car maker has posted its highest-ever volumes, exports, turnover, and profits in FY23. The company for the first time ever, breached a… Continue reading Maruti Suzuki approves 1 million units in fresh capacity, company crosses Rs 1 lakh crore in turnover for the first time ever

Tata Motors files a record number of 158 patents in FY23

The filed patents are spread across a broad spectrum of product as well as process innovations and developments across megatrends of CESS (connected, electrified, sustainable and safe) related technologies.  Tata Motors, which continues to witness robust demand in the Indian passenger vehicle market and is the strong No. 3 player after Maruti Suzuki and Hyundai… Continue reading Tata Motors files a record number of 158 patents in FY23

Maruti Suzuki announces upgrade of entire range of vehicles to meet updated Bharat Stage 6 Phase II emissions regulations

Maruti Suzuki announces upgrade of entire range of vehicles to meet updated Bharat Stage 6 Phase II emissions regulations India’s passenger vehicle market leader Maruti Suzuki has announced the upgrade of its entire range of vehicles to meet the updated Bharat Stage 6 Phase II emissions regulations. All Maruti Suzuki hatchbacks, sedans, MPVs, SUVs, and… Continue reading Maruti Suzuki announces upgrade of entire range of vehicles to meet updated Bharat Stage 6 Phase II emissions regulations

Fall of auto LPG, sales down 82% since FY19

Updated On Apr 25, 2023 at 08:20 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals Only 1,177 LPG stations existed in the nation as of March 2023, compared to more than 4,600 CNG pumps, 5,200 EV charging stations, and 80,000 gasoline pumps. Liquefied petroleum gas (LPG), the third most common transport… Continue reading Fall of auto LPG, sales down 82% since FY19

Maruti Suzuki launches Fronx SUV at Rs 7.46 lakh

Maruti Suzuki has launched the Fronx at Rs 7.46 lakh for the base Sigma trim going up to Rs 13.13 lakh for the top-spec Alpha turbo variant. The Baleno-based SUV made its debut at Auto Expo in January, with bookings already underway for a token amount of Rs 11,000.  Maruti Suzuki Fronx powertrains and variantsThe new Fronx is available in… Continue reading Maruti Suzuki launches Fronx SUV at Rs 7.46 lakh

Maruti Suzuki India issues recall for 7,213 Baleno RS due to brake part defect

Maruti Suzuki, India’s top car manufacturer, has announced to recall 7,213 units of the Baleno RS manufactured between October 27, 2016 and November 1, 2019. The recall is due to a possible defect in the vacuum pump that assists the brake function. Affected vehicle owners will receive communication from Maruti Suzuki’s authorized dealer workshops for… Continue reading Maruti Suzuki India issues recall for 7,213 Baleno RS due to brake part defect

Suzuki Motorcycle India rolls out 7 millionth unit from Gurugram plant

Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation, has rolled out its 7 millionth unit from the Kherki Dhaula plant situated in Gurugram. Suzuki’s V-Strom SX, in its Champion Yellow No. 2 colour, became the 7 millionth celebratory unit. Kenichi Umeda, Managing Director, Suzuki Motorcycle India said, “In the financial year ending March… Continue reading Suzuki Motorcycle India rolls out 7 millionth unit from Gurugram plant

Speed bumps ahead for India’s PV market

The initial euphoria following the post Covid-19 market recovery for the automotive markets seems to be subsiding now. Tell-tale signs are evident. A slowing economy, rising interest rates, high inflation and swelling vehicle prices have already dampened the demand momentum for the industry. Even with chip supplies improving and production has been back to normal,… Continue reading Speed bumps ahead for India’s PV market

BIS rolls out standards and tests for electric vehicle charging infrastructure

Updated On Apr 20, 2023 at 07:57 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The government is in the process of drafting a battery swapping policy, the draft of which was introduced last year. The Bureau of India Standards (BIS) has come out with standards and tests for electric vehicle… Continue reading BIS rolls out standards and tests for electric vehicle charging infrastructure