Subros Ltd., a leading thermal product company for automotive applications, reported Rs 30.68 crore in net profit during Q4 FY24, translating into a 65% year-on-year (YoY) jump over a similar period last year. The operating revenue during the same period jumped by 11% YoY to Rs 831.51 crore in Q4 FY24. On a full-year basis,… Continue reading Subros Ltd’s net profit jumps 65% to Rs 30.68 crore in Q4FY24
Tag: Suzuki
Suzuki patents eWX design in India
Suzuki has patented the Suzuki eWX’s design in India. The upcoming electric hatch was first showcased in concept form at the Tokyo Motor Show 2023. The eWX concept is only 3.4 metres long, which means that it adheres to the existing Kei car restrictions in Japan. The overall boxy, tallboy design seems to be inspired… Continue reading Suzuki patents eWX design in India
Over 40% of Toyota India sales in past 12 months were Maruti-rebadged products
Toyota Kirloskar Motor (TKM), which registered its best-ever fiscal wholesales of 245,676 units in FY2024 and strong 42% YoY growth (FY2023: 173,245 units, continues to benefit substantially from its badge-engineered products. Following Toyota’s global product-sharing agreement with Suzuki Motor Corporation that began in India in 2019 with the launch of the Glanza hatchback, TKM now… Continue reading Over 40% of Toyota India sales in past 12 months were Maruti-rebadged products
Suzuki Motor invests in autonomous compact EV maker Glydways
Suzuki Motor Corporation has invested in the California-based start-up Glydways Inc, which develops on-demand personal rapid transit of autonomous, battery-operated compact electric vehicles with the size of mini vehicles traveling on dedicated lanes. Glydways’ goal is to revolutionise urban mobility through its new traffic system claimed to be more efficient and convenient with lower infrastructure… Continue reading Suzuki Motor invests in autonomous compact EV maker Glydways
Investments made in creating plant and machinery to qualify for sops under new EV policy
As an incentive, the centre will levy concessional import duties on cars being imported by companies qualifying under the scheme. Investment in creation of physical infrastructure such as plant and machinery, charging stations, and assets developed or acquired by companies will qualify for getting sops under the Scheme for Manufacturing of Electric Cars (SMEC). Royalty… Continue reading Investments made in creating plant and machinery to qualify for sops under new EV policy
India’s passenger vehicle OEMs up the ante on safety
Among the advances the Indian automotive industry has made in recent years, enhanced safety in passenger vehicles through the integration of passive and active safety systems is one of them. These systems not only aim to mitigate the severity of accidents but also prevent them from occurring in the first place. Every road crash-related fatality… Continue reading India’s passenger vehicle OEMs up the ante on safety
India’s passenger vehicle OEMs up the ante on safety
Among the advances the Indian automotive industry has made in recent years, enhanced safety in passenger vehicles through the integration of passive and active safety systems is one of them. These systems not only aim to mitigate the severity of accidents but also prevent them from occurring in the first place. Every road crash-related fatality… Continue reading India’s passenger vehicle OEMs up the ante on safety
‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava
The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. He says that the resurgence of hatchbacks is inevitable, emphasising that as the income levels of entry-level consumers… Continue reading ‘Hatchbacks are here to stay; no guarantee that SUVs will remain popular in the future’: RC Bhargava
Can hatchbacks survive in India’s SUV-dominated market?
In 1984, securing a Maruti 800 with its cutting-edge features, such as disc brakes, front-wheel drive, reliable wipers, and the luxury of air conditioning, was akin to striking automotive gold. Yet, acquiring the Rs 50,000 marvel required a patience-testing wait that often stretched beyond three years. In those days, India revolved around the pulse of… Continue reading Can hatchbacks survive in India’s SUV-dominated market?
Can hatchbacks survive in India’s SUV-dominated market?
In 1984, securing a Maruti 800 with its cutting-edge features, such as disc brakes, front-wheel drive, reliable wipers, and the luxury of air conditioning, was akin to striking automotive gold. Yet, acquiring the Rs 50,000 marvel required a patience-testing wait that often stretched beyond three years. In those days, India revolved around the pulse of… Continue reading Can hatchbacks survive in India’s SUV-dominated market?