Mazda joins Japanese consortium for biomass-based next-gen auto fuels

Mazda Motor Corporation has joined the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association’), taking the membership to seven participating companies, all of them Japanese. The Research Association was established on July 1, 2022 to study ways to optimise the process of producing fuel. The six members at the time were… Continue reading Mazda joins Japanese consortium for biomass-based next-gen auto fuels

Upcoming SUV’s in India in 2023

SUVs at all price points are one of the most sought after body styles currently, not just in the Indian market, but globally as well. This is thanks to their commanding driving position, good ground clearance and a more practical body style, making them ideal for short and long distance runs. We’ve compiled a list… Continue reading Upcoming SUV’s in India in 2023

India Flex Engine Market Trends, Opportunities and Forecasts, 2018-2022 & 2022-2028: Rise in Awareness about Green Vehicle Technology & Favorable Government Policies Bolsters Growth

DUBLIN, March 28, 2023 /PRNewswire/ — The “Flex Engine Market – India Industry Size, Share, Trends, Opportunity and Forecast, FY2018-FY2028 Segmented By Vehicle Type (Two-Wheeler, Passenger Cars, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle), By Blend Type, By Fuel Type, By Region” report has been added to  ResearchAndMarkets.com’s offering. The India flex engine market is… Continue reading India Flex Engine Market Trends, Opportunities and Forecasts, 2018-2022 & 2022-2028: Rise in Awareness about Green Vehicle Technology & Favorable Government Policies Bolsters Growth

Maruti Suzuki’s Nexa records 2 million sales, Baleno commands 62% share

Maruti Suzuki India has announced that its premium Nexa retail sales channel has driven past the cumulative 2-million-unit sales mark in India. The milestone, which would have been notched in the first few days of March 2023, comes a little less than eight years after the carmaker kicked off the Nexa initiative on July 23,… Continue reading Maruti Suzuki’s Nexa records 2 million sales, Baleno commands 62% share

Gogoro scales battery swapping to new markets via B2B partners

Taiwanese electric vehicle battery-swapping provider Gogoro is planning to enter Singapore via a pilot with online grocery and food delivery platform, Foodpanda. The pilot is small-scale for now — only two battery swapping stations with 20 Gogoro-branded Smartscooters — but it is the latest in a string of B2B partnerships that Gogoro has tapped to… Continue reading Gogoro scales battery swapping to new markets via B2B partners

Universal Technical Institute Announces Purchase of Primary Buildings at Orlando, Florida Campus

Follows successfully completing the consolidation of UTI-Orlando and MMI-Orlando into a single site in 2022 Purchase price of $26 million to be funded from cash on hand Expected to generate approximately $2 million of annual adjusted EBITDA benefit and approximately $500 thousand of annual after tax cash savings PHOENIX, March 22, 2023 /PRNewswire/ — Universal… Continue reading Universal Technical Institute Announces Purchase of Primary Buildings at Orlando, Florida Campus

Tata Motors, Kia India, Hero MotoCorp hike prices as BS VI Phase II rolls out from April 1

In January 2023, Maruti Suzuki had hiked the prices of its vehicles across all models by about 1.1% to offset the impact of rising input costs and make provisions to update the model range to conform to the stringent RDE emission norms, ET Auto reported. By Yash Jhunjhunwala New Delhi: In line with the BS… Continue reading Tata Motors, Kia India, Hero MotoCorp hike prices as BS VI Phase II rolls out from April 1

RattanIndia’s Revolt Motors appoints Pankaj Sharma as Chief Business Officer

Pankaj Sharma is a veteran of the auto industry in India with nearly three decades of experience having worked in leadership positions in major auto companies in the two-wheeler, four-wheeler, and commercial vehicle segments with extensive experience in strategy, sales, marketing, servicing, customer experience, dealer development and digital transformation in the automotive industry. RattanIndia’s Revolt… Continue reading RattanIndia’s Revolt Motors appoints Pankaj Sharma as Chief Business Officer

Renault Nissan Alliance inks pact with Kamarajar Port to accelerate car exports

The Renault Nissan Alliance has signed an agreement with Kamarajar Port Ltd (KPL) for shipping cars manufactured in Chennai by Renault Nissan Automotive India Pvt Ltd (RNAIPL) to regional and global destinations. The agreement builds on the existing partnership between the Renault Nissan Alliance and Kamarajar Port and will facilitate further exports of cars via… Continue reading Renault Nissan Alliance inks pact with Kamarajar Port to accelerate car exports

Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year

We expect JLR (including JVs) to see a 15% volume CAGR over FY23-25. Its India CV business is on a strong footing and is primed for a strong cyclical recovery in both M&HCVs. Auto industry has seen a storm of headwinds in the last 4-5 years, which resulted in a higher cost of ownership, lower… Continue reading Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year