TOKYO, June 16, 2024 /PRNewswire/ — TIER IV, a pioneer in open-source software and autonomous driving technology, and Suzuki, one of Japan’s leading car and motorcycle manufacturers, have entered into a capital and business alliance aimed at accelerating the development and commercialization of autonomous driving technology to enhance regional mobility solutions. By combining TIER IV’s scalable… Continue reading TIER IV and Suzuki form capital and business alliance: Advancing regional mobility with autonomous driving technology
Tag: Suzuki
Hyundai deepens India bet, files for IPO that could be country’s biggestThe IPO will make it the country’s first car maker to go public in two decades…
Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. The IPO will make it the country’s first car maker to go public in two decades… Continue reading Hyundai deepens India bet, files for IPO that could be country’s biggestThe IPO will make it the country’s first car maker to go public in two decades…
TIER IV and Suzuki form capital and business alliance: Advancing regional mobility with autonomous driving technology
TOKYO, June 16, 2024 /PRNewswire/ — TIER IV, a pioneer in open-source software and autonomous driving technology, and Suzuki, one of Japan’s leading car and motorcycle manufacturers, have entered into a capital and business alliance aimed at accelerating the development and commercialization of autonomous driving technology to enhance regional mobility solutions. By combining TIER IV’s scalable… Continue reading TIER IV and Suzuki form capital and business alliance: Advancing regional mobility with autonomous driving technology
Suzuki to develop self-driving minicars by teaming with startup
TOKYO — Suzuki Motor will work with a Nagoya-based startup to develop self-driving technology for minicars, aiming to meet demand from Japan’s less-populated regions in need of compact autonomous cars that can travel on narrow roads. The Japanese automaker has underwritten a portion of a roughly 8 billion yen ($50 million) capital increase by Tier… Continue reading Suzuki to develop self-driving minicars by teaming with startup
Hyundai leads the race on profit margins versus Maruti Suzuki, Tata Motors
In the profitability race, India’s second-largest passenger car maker Hyundai Motor India leads among the top three listed players in the country’s passenger vehicle market. Over the past few years, Hyundai India has consistently achieved a double-digit operating profit margin, surpassing those of India’s largest car maker Maruti Suzuki, and third largest car maker Tata… Continue reading Hyundai leads the race on profit margins versus Maruti Suzuki, Tata Motors
Hyundai doubles down on India with IPO that could be country’s biggest
NEW DELHI (Reuters) — Hyundai Motor’s India unit on Saturday sought regulatory approval for a stock market listing in Mumbai that could be the nation’s biggest. The application calls for the South Korean parent to sell a stake of up to 17.5% in the company. The IPO would make the Hyundai unit the country’s first… Continue reading Hyundai doubles down on India with IPO that could be country’s biggest
Hyundai India files DRHP for IPO: Plans to dilute up to 17.5% stake
India’s second largest car maker Hyundai Motor India Ltd has filed a draft red herring prospectus (DRHP) for its much-awaited initial public offering (IPO). The South Korean parent company Hyundai Motor Company plans to dilute up to 17.5% stake in its wholly-owned India unit through the IPO, which only has an ‘offer-for-sale’ component. The company will… Continue reading Hyundai India files DRHP for IPO: Plans to dilute up to 17.5% stake
Tata Motors looks to tap growing trend for personalisation in cars and SUVs
Tata Motors, which is among the fastest growing passenger vehicle manufacturers in India and currently (April-May 2024) the No. 3 carmaker with sales of 95,058 units after Maruti Suzuki (2,81,954 units) and Hyundai Motor India (99,352 units), is looking to tap the growing potential of the new ‘white space’ in the car and SUV market.… Continue reading Tata Motors looks to tap growing trend for personalisation in cars and SUVs
Toyota has been rocked by a string of scandals — but analysts are unfazed
A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. Tomohiro Ohsumi | Getty Images News | Getty Images Japan’s largest carmaker Toyota has… Continue reading Toyota has been rocked by a string of scandals — but analysts are unfazed
M&M pips Tata Motors’ market cap to become second most valued automaker
Mahindra & Mahindra Ltd surpassed Tata Motors Ltd in market capitalisation on Friday, to become the second most valued automaker in the country after Maruti Suzuki India Ltd. As per the data from BSE, M&M’s market capitalization was Rs 3.63 lakh crore on Friday evening, while Tata Motors’ market capitalisation stood at Rs 3.30 lakh… Continue reading M&M pips Tata Motors’ market cap to become second most valued automaker