Hyundai Motor India invests Rs 1,474 crore in FY22 to ramp up output to 8.5 lakh units South Korean car maker, Hyundai Motor India is ramping up capacity at its Sriperumbudur plant on the outskirts of Chennai and has invested Rs 1,474 crore in FY-22 to increase output to 8.5 lakh units and prepare itself… Continue reading Hyundai Motor India invests Rs 1,474 crore in FY22 to ramp up output to 8.5 lakh units
Tag: Suzuki
Hyundai Motor India invests Rs 1,474 crore in FY22 to ramp up output to 8.5 lakh units
Hyundai Motor India invests Rs 1,474 crore in FY22 to ramp up output to 8.5 lakh units South Korean car maker, Hyundai Motor India is ramping up capacity at its Sriperumbudur plant on the outskirts of Chennai and has invested Rs 1,474 crore in FY-22 to increase output to 8.5 lakh units and prepare itself… Continue reading Hyundai Motor India invests Rs 1,474 crore in FY22 to ramp up output to 8.5 lakh units
Maruti Suzuki strengthens its grip on car exports in H1 FY2023
India’s passenger vehicle industry, which is on a roll in the domestic market with sales of 1.93 million units and 40% year-on-year growth, is also the best performing on the export front across vehicle segments in first-half FY2023. Given current high inflationary trends the world over and the sharp rise of the dollar, overall exports… Continue reading Maruti Suzuki strengthens its grip on car exports in H1 FY2023
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments India’s commercial vehicle industry, which typically sees cyclical growth, is seeing revival of demand after a torrid two years of sales declines. From a high of over a million units in FY2019 (10,07,219 units), the double whammy of a… Continue reading Tata Motors No. 1 CV OEM in H1 FY2023 but loses market share in 3 sub-segments
‘Automotive lightweighting is nothing but rightweighting’
As environmental legislation becomes more stringent around the world, light weighting metal is a critical component that will allow original equipment manufacturers (OEMs) in the automotive sector to continue and meet emission targets. The desire for lighter cars directly affects weight and fuel consumption, improving mileage and lowering CO2 emissions. This was the view of… Continue reading ‘Automotive lightweighting is nothing but rightweighting’
Dirt Bike Market to Reach $18 Billion, Globally, by 2031 at 7.0% CAGR: Allied Market Research
Rise in popularity & evolution of motocross events, increase in disposable income, and rapid adoption of electric dirt bikes drive the global dirt bike market. PORTLAND, Ore., Oct. 21, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Dirt Bike Market by Type (Motocross Motorcycle, Enduro Motorcycle, Trail Motorcycle, Track-racing Motorcycle), by Propulsion… Continue reading Dirt Bike Market to Reach $18 Billion, Globally, by 2031 at 7.0% CAGR: Allied Market Research
India’s economy lighting up on peak festive season demand
This year’s Diwali, the festival of lights that falls on Oct. 24 and the equivalent of Christmas in the West, will be India’s first season of celebration since the pandemic began without virus-related restrictions. Indian shoppers are back in force online and in stores, splurging this festive season after the coronavirus pandemic damped celebrations and… Continue reading India’s economy lighting up on peak festive season demand
Vehicle lightweighting critical to achieve net-zero targets: experts at Autocar Pro conference
Vehicle lightweighting critical to achieve net-zero targets: experts at Autocar Pro conference As the automotive industry increasingly balances cost with efficiency and safety, vehicle lightweighting is gaining traction as a route to greener motoring and also profitability. From automakers to component suppliers, they are all actively engaged in shaving off grams and slashing kilos from… Continue reading Vehicle lightweighting critical to achieve net-zero targets: experts at Autocar Pro conference
Maruti Suzuki to get its first cross badge Toyota CMPV in FY23
Toyota Kirloskar is getting ready to introduce a Compact Multi-Purpose Vehicle (CMPV) in the current fiscal year. This will be the first cross-badge Toyota vehicle made available to Maruti Suzuki India (MSIL). In addition to this, the company is currently ready to release a B-SUV car with a Suzuki design and robust hybrid technology as… Continue reading Maruti Suzuki to get its first cross badge Toyota CMPV in FY23
H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers
On a year-on-year basis, the OEMs saw improved performance owing to the easing of chip supplies, softening of commodity prices, new launches, and a Covid-free festive season after two years. New Delhi: After braving two years of difficult times, the Indian automobile industry finally seems to be coming out of the woods in the first… Continue reading H1 FY23 Auto Sales Analysis: Hyundai, Hero worst hit; Tata, HMSI emerge gainers