SAN FRANCISCO, March 16, 2023 /PRNewswire/ — The global electric mobility market size is expected to reach USD 325.64 billion by 2030, growing at a CAGR of 14.6% over the forecast period, as per the study conducted by Grand View Research, Inc. Rise in substantial operating and maintenance cost savings is expected to significantly increase… Continue reading Electric Mobility Market to Hit $325.64 Billion by 2030: Grand View Research, Inc.
Tag: Suzuki
Suzuki Motorcycle India ties up with Standard Chartered Bank for dealer finance
Suzuki Motorcycle India, the two-wheeler subsidiary of Suzuki Motor Corporation, has inked an MoU with Standard Chartered Bank to provide wholesale funding to its dealer partners for vehicles and spare parts. The move is aimed at supporting Suzuki Motorcycle India’s dealer partners across India and enable them to expand their businesses and enhance their operations. Devashish… Continue reading Suzuki Motorcycle India ties up with Standard Chartered Bank for dealer finance
Global bank stocks breathe easy after regulators, bankers move to allay fears
Battered Japanese bank stocks clawed back some of their heavy losses on Wednesday, as regulators and financial executives hosed down investor concerns about contagion after the collapse of Silicon Valley Bank (SVB). Markets and financial authorities remained on edge, however, with U.S. deposit holders seeking the safety of larger banks amid growing worries about the health of smaller institutions and the… Continue reading Global bank stocks breathe easy after regulators, bankers move to allay fears
UPDATE 1-Hyundai Motor lines up to buy General Motors’ India plant
(Adds detail, context) By Aditi Shah NEW DELHI, March 13 (Reuters) – Hyundai Motor Co said on Monday it has agreed to a potential acquisition of General Motors’ plant in India, a move that could finally allow the U.S. automaker to exit a country where it stopped making cars in 2017. A final deal is… Continue reading UPDATE 1-Hyundai Motor lines up to buy General Motors’ India plant
Maruti Suzuki sells more UVs than Tata Motors in February, leads the race in FY2023
Maruti Suzuki sells more UVs than Tata Motors in February, leads the race in FY2023 For avid automotive industry observers, India’s booming utility vehicle (UV) segment is a truly exciting segment with strong double-digit growth. With every second car sold in the country being either a UV, an SUV or an MPV, the segment contributes… Continue reading Maruti Suzuki sells more UVs than Tata Motors in February, leads the race in FY2023
Passenger vehicle dispatches in fast lane; record best-ever February performance: SIAM
Indian automakers dispatched nearly 2.92 lakh passenger vehicles, the highest ever for February so far, driven by strong demand for cars and utility vehicles, industry body SIAM said on Friday. Indian automakers dispatched nearly 2.92 lakh passenger vehicles, the highest ever for February so far, driven by strong demand for cars and utility vehicles, industry… Continue reading Passenger vehicle dispatches in fast lane; record best-ever February performance: SIAM
India’s leading component suppliers including SMEs win ACMA Atmanirbhar Excellence Awards
India’s leading component suppliers including SMEs win ACMA Atmanirbhar Excellence Awards The eighth ACMA Atmanirbhar Excellence Awards & Technology Summit, organised by apex industry body Automotive Component Manufacturers Association of India (ACMA), was held on March 6 in New Delhi. The highlight of the event was 68 auto component manufacturers being awarded the prestigious ACMA… Continue reading India’s leading component suppliers including SMEs win ACMA Atmanirbhar Excellence Awards
Maruti Suzuki MoU with Centurion University for BBA in Retail Management in Odisha
New Delhi: Maruti Suzuki India Limited signed an MoU with Centurion University of Technology & Management (CUTM), Odisha (Bhubaneswar campus), for a three-year industry-oriented BBA in Retail Management course from 2023-24 academic year. The course curriculum, jointly curated by Maruti Suzuki and CUTM, in line with the UGC guidelines, is tailored to suit the automobile… Continue reading Maruti Suzuki MoU with Centurion University for BBA in Retail Management in Odisha
February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March
February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March The India Auto Inc growth story is improving, given the February 2023 retail numbers released by the Federation of Automobile Dealers Associations (FADA). The 17,75,424 units encompassing cumulative sales of five vehicle segments are a 15.95% year-on-year increase over… Continue reading February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March
February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March
February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March The India Auto Inc growth story is improving, given the February 2023 retail numbers released by the Federation of Automobile Dealers Associations (FADA). The 17,75,424 units encompassing cumulative sales of five vehicle segments are a 15.95% year-on-year increase over… Continue reading February 2023 auto retails rise 16%, all five segments record double-digit growth ahead of festive March