The Lumax-DK Jain Group announces the appointment of Raju B Ketkale as ‘Executive Director-Manufacturing and Corporate Planning’, effective today, 3 October 2023. Ketkale shall be based at the corporate headquarters in Gurugram and closely work with the leadership team. Ketkale is a senior industry veteran and comes with over 3 decades of experience having held… Continue reading Lumax appoints Raju B Ketkale as Executive Director-Manufacturing & Corporate Planning
Tag: Suzuki
Rising inflation and interest rates trigger downgrade trend in US car market: Ipsos
The uncertainty in the global economic environment is casting its impact on the automotive industry globally, particularly in markets like the US and Europe, which have already started showing downgrade purchase trends with the declining capacity of consumers to afford new cars. The United States, which is the second-largest car market in the world after… Continue reading Rising inflation and interest rates trigger downgrade trend in US car market: Ipsos
CNG vehicle sales rise 32% to 666,000 units in January-September, CNG price cut to Rs 76 per kg
Six months after the Centre slashed the price of CNG (compressed natural gas) by Rs 8 per kg to Rs 79 per kg, Mahanagar Gas has announced a Rs 3 per kg reduction to Rs 76 per kg as of October 1, 2023. This latest cut is the third CNG price reduction in CY2023, with… Continue reading CNG vehicle sales rise 32% to 666,000 units in January-September, CNG price cut to Rs 76 per kg
@Toyota: CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues
Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand. Additionally, CJPT reinstated Hino Motors Ltd. (Hino) to the collaborative effort. Since its establishment in 2021, CJPT has contributed to the realization… Continue reading @Toyota: CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues
@Toyota: CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues
Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand. Additionally, CJPT reinstated Hino Motors Ltd. (Hino) to the collaborative effort. Since its establishment in 2021, CJPT has contributed to the realization… Continue reading @Toyota: CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues
CJPT to float new company in Thailand for carbon neutrality, to solve logistics issues
CJPT is promoting activities under the concept of “doing what can be done now, together with partners who share the same view” in Thailand. New Delhi: Commercial Japan Partnership Technologies (CJPT) will step forward to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia).… Continue reading CJPT to float new company in Thailand for carbon neutrality, to solve logistics issues
Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand
The Indian passenger vehicle industry continues to fire on all cylinders and September 2023 wholesales will, at an estimated 363,000 units, be the best monthly numbers yet, going ahead of August 2023’s 359,648 units. The big number is due to car and SUV manufacturers ensuring their dealer network across India is well stocked with popular… Continue reading Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand
Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand
The Indian passenger vehicle industry continues to fire on all cylinders and September 2023 wholesales will, at an estimated 363,000 units, be the best monthly numbers yet, going ahead of August 2023’s 359,648 units. The big number is due to car and SUV manufacturers ensuring their dealer network across India is well stocked with popular… Continue reading Car and SUV September sales hit record 363,000 units as OEMs look to capture festive demand
Maruti Suzuki India clocks 873,107 units in H1 FY24, registers 10% growth
India’s largest carmaker Maruti Suzuki India (MSIL) has reported domestic passenger vehicle sales of 150,812 units in September, registering a marginal 1.63 percent year-on-year (YoY) uptick. While sales of its entry-level models – Alto and S-Presso – continued to be on a decline with a total of 10,351 units being despatched last month (September 2022: 29,574 /… Continue reading Maruti Suzuki India clocks 873,107 units in H1 FY24, registers 10% growth
Popular Vehicles and Services files IPO papers with Sebi again
Besides, the company is looking to raise INR 50 crore in a pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced. New Delhi: Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial… Continue reading Popular Vehicles and Services files IPO papers with Sebi again