Haryana’s rule affects firms including India’s biggest carmaker Maruti Suzuki and business process outsourcing firms such as Genpact. By Sankalp Phartiyal and Aditi Shah NEW DELHI: India’s northern state of Haryana, where several automakers, component suppliers and big tech firms are based, faces an investment and development crisis from a new hiring rule to tackle… Continue reading Indian state’s hiring rule spells disaster, industry group warns
Tag: Suzuki
Maruti Vitara Brezza breezes to 600,000 sales in five years
The Maruti Vitara Brezza, the game-changing SUV which was launched at the Auto Expo in March 2016, has zipped past the landmark 600,000-unit sales mark. The sales journey to this has taken five years. The Brezza had surpassed the half-a-million or 500,000 sales milestone in January 2020, which means the next 100,000 sales have come… Continue reading Maruti Vitara Brezza breezes to 600,000 sales in five years
Industry leaders wary of job quota in pvt sector, say skill set a worry
According to industry bodies, around 75% workforce in the automotive sector, 90% in the garment and apparel industry, 80% in IT & ITeS, 50% in retail and 85% in the construction sector are from outside Haryana. Gurgaon: The new Haryana law reserving 75% of private sector jobs for the state’s residents will impact the allied… Continue reading Industry leaders wary of job quota in pvt sector, say skill set a worry
Maruti Suzuki clocks 4,000 service outlets, intensifies focus on rural markets
Passenger vehicle market leader Maruti Suzuki India, which has a near-50 percent share in the April 2020 to January 2021 period, is making strides in aftersales as well. The company has accomplished the milestone of setting up 4,000 service touch-points across India, with its workshops split under four categories. Maruti-authorised dealer workshops comprise the maximum… Continue reading Maruti Suzuki clocks 4,000 service outlets, intensifies focus on rural markets
Lumax to localise HVAC panel for global carmaker in India
Lumax Industries, one of India’s leading Tier-1 component manufacturers, is currently working with a leading global OEM to localise the carmaker’s Heating, Ventilation & Air-Conditioning panel (HVAC) product line. It is also in advanced stages of talks with other OEMs for similar products. It is believed that the carmaker is Japanese. Lumax’s HVAC panel business, which has been delayed due to the pandemic, is likely to go on stream from the second… Continue reading Lumax to localise HVAC panel for global carmaker in India
Tuesday Morning Auto News, Mar 02, 2021
Maruti Suzuki exports cross 2 million vehicles from India – Just-Auto Land Rover launches powerful Defender V8 – Just-Auto Nissan signs mobility MoU with Suzhou City, China – Just-Auto Toyota to Raise $4.7 Billion in ESG Debt to Fund Futuristic Hub – Bloomberg Geely’s Volvo Cars to be fully electric by 2030 – Just-Auto Lunaz… Continue reading Tuesday Morning Auto News, Mar 02, 2021
Honda, Yamaha, KTM and Piaggio cooperating on swappable batteries for electric motorbikes
Honda, Yamaha, KTM and Piaggio have inked a deal to work together on developing swappable batteries for light electric vehicles such as electric motorcycles and scooters. The four electric motorbike manufacturers have announced the establishment of a new consortium to oversee the swappable battery development program. According to a statement announcing the agreement: “The founding… Continue reading Honda, Yamaha, KTM and Piaggio cooperating on swappable batteries for electric motorbikes
Carmakers march into last month of FY2021 on a buoyant note
Today is March 1, the beginning of the last month of fiscal year FY2021, which most businessmen, industrialists, entrepreneurs or even salaried professionals would want to forget. Nobody had ever imagined that the FY2021, which kicked in on April 1, 2020, would be a harrowing experience in the form of a Covid-19 pandemic-induced global economic… Continue reading Carmakers march into last month of FY2021 on a buoyant note
Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Brussels, 1 March 2021 – A brand new harmonised set of labels for electric vehicles and charging stations will start to be used throughout Europe as of 20 March this year, in line with the requirements of the EU Directive on the deployment of alternative fuels infrastructure (2014/94/EU). As well as appearing on charging stations,… Continue reading Electric vehicles: Helping consumers identify the right recharging option with standardised labels
Toyota Kirloskar records ongoing fiscal’s best sales in February: 14,075
Toyota Kirloskar Motor (TKM) is coming into its own this fiscal. In February 2021, it has recorded domestic market sales of 14,075 units, its best monthly performance in the ongoing fiscal year by a fair margin. This constitutes 36% year-on-year growth (February 2020: 10,352) As per Autocar Professional’s sales statistics, TKM’s previous monthly best in… Continue reading Toyota Kirloskar records ongoing fiscal’s best sales in February: 14,075