In many ways, Hyundai Motor India is sitting pretty. Despite being a distant No.2 to market leader Maruti Suzuki in market share, its profit margins and sales mix are the envy of the industry. The company gets half its volumes from vehicles priced above Rs 10 lakh, its plants regularly run at 95% utilisation, and… Continue reading Hyundai scripts ambitious new India chapter
Tag: Suzuki
Tata Punch is India’s No. 1 SUV in April-June 2024, Hyundai Creta and Maruti Brezza on podium
Utility vehicles (UVs) have once again saved the blushes for India Passenger Vehicle Inc. In the first quarter of FY2025 (April-June 2024), a total of 1.02 million PVs were dispatched to showrooms, up by just 3% – hatchback and sedan sales were down by 18% to 341,293 units and vans up by 9% to 38,919… Continue reading Tata Punch is India’s No. 1 SUV in April-June 2024, Hyundai Creta and Maruti Brezza on podium
Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth
After hitting a heady 4.10 million units in calendar year 2023 (up 8.1%) and 4.21 million units in FY2024 (up 8.44%), mainly thanks to the surging demand for SUVs and MPVs, demand is slowing down for the overall passenger vehicle segment, which comprises cars, SUVs and vans, in CY2024. As per the latest wholesales data… Continue reading Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth
Breit Schwert car dealership in Ansbach: Suzuki new in the range
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UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story
Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. New Delhi: The Uttar Pradesh government’s recent decision to provide incentives for hybrid vehicles has irked electric vehicle (EV) manufacturers, especially as it comes hard… Continue reading UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story
FMS: the Future of Memory and Storage Introduces Professional Development Series
FMS offers Education Seminar Certificates SANTA CLARA, Calif., July 11, 2024 /PRNewswire/ — FMS: the Future of Memory and Storage, recognized as the world’s foremost conference highlighting the key advancements, trends, and industry figures shaping the multi-billion-dollar high-speed memory, storage, and SSD markets, is excited to announce its Professional Development Series (PDS) on Monday, August 5th, one day… Continue reading FMS: the Future of Memory and Storage Introduces Professional Development Series
New Suzuki Swift gets 3 stars in Euro NCAP’s tests
The fourth-gen Suzuki Swift has gone through Euro NCAP’s latest round of crash tests, where it has scored a 3-star rating. The safety organisation awarded the hatchback 67 percent in adult occupant protection (AOP), 65 percent for child occupancy (COP), 62 percent for safety assist systems and 76 percent for vulnerable road users (VRU). Unlike… Continue reading New Suzuki Swift gets 3 stars in Euro NCAP’s tests
China’s AI price war and Japanese who “don’t know how to use it”
Hello from Yifan in California, your #techAsia host this week. I’ve just come back from the Independence Day holiday, which officially kicked off the summer season. I attended several July 4th and summer parties in Silicon Valley over the past few weeks. While AI is still the hottest topic in town, the approaching U.S. presidential… Continue reading China’s AI price war and Japanese who “don’t know how to use it”
Mainstream car, SUV brands offer discounts as demand tapers
The Indian passenger car segment seems to be tilting towards becoming a ‘buyer’s market’ with popular SUVs like the Maruti Suzuki Brezza and Grand Vitara, and Honda Elevate receiving lucrative discounts. On the other hand, the Mahindra XUV700, and Tata’s Harrier and Safari have received considerable price cuts. Dealers are reporting a massive inventory situation… Continue reading Mainstream car, SUV brands offer discounts as demand tapers
Aitomatic Unveils SemiKong: AI Breakthrough Set to Reshape $500B Semiconductor Industry
PALO ALTO, Calif., July 10, 2024 /PRNewswire/ — Aitomatic today announced SemiKong, the world’s first open-source AI Large Language Model (LLM) designed specifically for the semiconductor industry. Unveiled at SEMICON West 2024, SemiKong aims to revolutionize semiconductor processes and fabrication technology, potentially reshaping the $500B semiconductor industry in the next five years. Continue Reading SemiKong is… Continue reading Aitomatic Unveils SemiKong: AI Breakthrough Set to Reshape $500B Semiconductor Industry