Osamu Suzuki, the transformative leader who built Suzuki Motor Corporation (SMC) into a global automotive powerhouse during his more than four decades at the helm and passed away on December 25, 2024, has been posthumously awarded the prestigious Padma Vibhushan under the ‘Trade and Industry’ category on the occasion of India’s 76th Republic Day. The… Continue reading Osamu Suzuki posthumously awarded Padma Vibhushan
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Osamu Suzuki posthumously awarded Padma Vibhushan
Osamu Suzuki, the transformative leader who built Suzuki Motor Corporation (SMC) into a global automotive powerhouse during his more than four decades at the helm and passed away on December 25, 2024, has been posthumously awarded the prestigious Padma Vibhushan under the ‘Trade and Industry’ category on the occasion of India’s 76th Republic Day. The… Continue reading Osamu Suzuki posthumously awarded Padma Vibhushan
Trading places: UV share of PVs jumps to 65%, car share plunges to 31% in April-Dec
India’s passenger vehicle market, with 31,39,288 units or 3.13 million units in the April-December 2024 period, is well set to surpass the 4-million-units mark for the second fiscal year in a row. In FY2024, India PV Inc had registered record wholesales of 4.21 million cars, SUVs, MPVs and vans, an increase of 8% over FY2023’s… Continue reading Trading places: UV share of PVs jumps to 65%, car share plunges to 31% in April-Dec
Trading places: UV share of PVs jumps to 65%, car share plunges to 31% in April-Dec
India’s passenger vehicle market, with 31,39,288 units or 3.13 million units in the April-December 2024 period, is well set to surpass the 4-million-units mark for the second fiscal year in a row. In FY2024, India PV Inc had registered record wholesales of 4.21 million cars, SUVs, MPVs and vans, an increase of 8% over FY2023’s… Continue reading Trading places: UV share of PVs jumps to 65%, car share plunges to 31% in April-Dec
Seven ways Skoda tweaked its playbook for Kylaq launch
Skoda Auto India is adopting a more localized and strategic approach with the launch of the Kylaq compact SUV, focusing on catering to the unique demands of the Indian market while aiming to strengthen its presence in the country’s highly competitive compact SUV segment. Autocar Professional analyzes the company’s new launch strategy. 1. New Marketing StrategyThe journey… Continue reading Seven ways Skoda tweaked its playbook for Kylaq launch
Skoda targets 75,000 Kylaq units, eyes 8% compact SUV market share
With an eye on breaking into the mainstream, Skoda Auto India is banking on its most affordable compact SUV, the Kylaq, to participate in the growing segment. The company has set itself a steep target of garnering an 8% segment share in this market dominated by formidable brands like Tata Nexon, Maruti Suzuki Brezza, Hyundai… Continue reading Skoda targets 75,000 Kylaq units, eyes 8% compact SUV market share
Skoda targets breakthrough in India’s compact SUV market with Kylaq
Skoda Auto India is launching the Kylaq, a compact SUV designed to challenge established players in India’s competitive automotive market. The vehicle represents a strategic pivot for the company, aiming to transition from a premium niche brand to a volume manufacturer. The Kylaq enters a segment dominated by brands like Tata Nexon, Maruti Suzuki Brezza,… Continue reading Skoda targets breakthrough in India’s compact SUV market with Kylaq
Kia India maintains 8% share of Kia global sales in CY2024
Kia Corporation has announced its CY2024 annual business results, highlighting a strong performance amid uncertain global market conditions. The Korean automaker registered total global sales of 3,089,300 units in CY2024, a 0.1% increase year on year. In CY2024, Kia sold a total of 638,000 electrified vehicles, a 10.9% YoY increase. Kia’s electrified models accounted for… Continue reading Kia India maintains 8% share of Kia global sales in CY2024
EVs to get a bigger launchpad in 2025, plan take off in style
Updated On Jan 24, 2025 at 08:29 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The company has additionally tied-up with a local supplier to source cells for electric cars scheduled for launch over the next few years. New Delhi: In a first, electric vehicle launches in the country in 2025… Continue reading EVs to get a bigger launchpad in 2025, plan take off in style
Maruti Suzuki to hike car prices by up to Rs 32,500 in February
Maruti Suzuki India (MSIL) said it will increase the prices of vehicles from February 1 amid rising input costs and operational expenses. The price hike ranges from Rs 5,000 to Rs 32,500 across all models. “While the company is committed to optimise costs and reduce the impact on the customers, we are constrained to pass… Continue reading Maruti Suzuki to hike car prices by up to Rs 32,500 in February