Vertu acquires Honda Exeter from Hendy Group

Vertu Motors has continued its expansion into the South-West with the acquisition of Honda Exeter from Hendy Group this week. The dealership, rebranded as Vertu Honda Exeter, brings Vertu’s Honda dealerships across the UK to a total of 17. In the South-West, Vertu Honda Exeter joins Vertu Honda Plymouth and Vertu Honda Truro. Chris Taylor,… Continue reading Vertu acquires Honda Exeter from Hendy Group

Road accidents contribute significantly to fatality rates in India, says transport ministry official

Addressing a session on the 8th Road Safety Conference on “Future for Safe Ecosystem through Innovative & Sustainable Solutions”, organised by The Associated Chambers of Commerce and Industry of India (ASSOCHAM), Ajay Tamta, Minister of State, Ministry of Road Transport and Highways said, to achieve a significant improvement in road safety, the government is committed… Continue reading Road accidents contribute significantly to fatality rates in India, says transport ministry official

Honda to cut China production capacity for gas cars by 30%

TOKYO — Honda Motor plans to slash production capacity for gasoline-fueled vehicles in China by one-third, equivalent to about 10% of its global output, as falling sales of Japanese cars spur changes across the entire Chinese supply chain, Nikkei has learned. The company will shut three of its seven production lines in the world’s largest auto… Continue reading Honda to cut China production capacity for gas cars by 30%

Jio Things and MediaTek launch localised smart digital cluster and module for two-wheelers

MediaTek, the the world’s leading fabless semiconductor company powering over 2 billion connected devices a year, and JioThings Limited, the subsidiary of Jio Platforms and an end-to-end cutting-edge IoT solutions provider, have launched a Made-in India smart digital cluster and smart module specially tailored for the two-wheeler market in India, both IC engine and electric.… Continue reading Jio Things and MediaTek launch localised smart digital cluster and module for two-wheelers

Jio Things and MediaTek launch localised smart digital cluster and module for two-wheelers

MediaTek, the the world’s leading fabless semiconductor company powering over 2 billion connected devices a year, and JioThings Limited, the subsidiary of Jio Platforms and an end-to-end cutting-edge IoT solutions provider, have launched a Made-in India smart digital cluster and smart module specially tailored for the two-wheeler market in India, both IC engine and electric.… Continue reading Jio Things and MediaTek launch localised smart digital cluster and module for two-wheelers

Honda’s made-in-India SUV grabs Japanese drivers with low price

TOKYO — With its low sticker price, Honda Motor’s new made-in-India compact SUV has been such a hit in Japan that the automaker in April and May was crowned the country’s top imported vehicle seller. The Elevate first hit Indian showrooms last August, then debuted in Japan as the WR-V in March, becoming the first… Continue reading Honda’s made-in-India SUV grabs Japanese drivers with low price

Motorcycle sales rise 17% to 3.19 million in Q1, Hero No. 1 but Honda market share grows

A revival of demand in the two-wheeler industry has meant that all three sub-segments – motorcycles, scooters and mopeds – posted double-digit gains in the first quarter of FY2025. A total of 3.19 million two-wheelers were sold between April and June 2024, up 17% (Q1 FY2024: 2.73 million units). Motorcycles (3.19 million units / 17%… Continue reading Motorcycle sales rise 17% to 3.19 million in Q1, Hero No. 1 but Honda market share grows

Honda sells 795,000 scooters in Q1, increases market share to 48%

Of the four vehicle segments – passenger vehicles (up 3%), two-wheelers (p 20%), three-wheelers (up 14%) and commercial vehicles (up 3.5%) – the two-wheeler industry was the only one to have registered strong double-digit gains in April-June 2024. A fair portion of that credit goes to the scooter market which, with 1.66 million units, accounted… Continue reading Honda sells 795,000 scooters in Q1, increases market share to 48%

GM indefinitely delays Cruise Origin autonomous vehicle

Cruise Origin Cruise DETROIT – General Motors is indefinitely delaying production of its Origin autonomous vehicle as its embattled Cruise self-driving unit attempts to relaunch operations. The Detroit automaker said Tuesday its majority-owned robotaxi unit will instead focus on using the next-generation Chevrolet Bolt for development of autonomous vehicles. Cruise has been using now-discontinued Bolts… Continue reading GM indefinitely delays Cruise Origin autonomous vehicle

Pinnacle Mergers & Acquisitions Represents Sonic Automotive in the sale of Dave Smith Nissan

“Working with JB and the Pinnacle team was an amazing experience,” said Cortes. Post this Pinnacle’s long-standing relationship with Sonic Automotive has led to more than 50 transactions dating back to 1997. A few of the more notable transactions include Mercedes Benz of Nashville, Tenn., Mercedes Benz of Walnut Creek, Calif., and W.I. Simonson Mercedes… Continue reading Pinnacle Mergers & Acquisitions Represents Sonic Automotive in the sale of Dave Smith Nissan