How Hyundai IPO marks the start of an ambitious new chapter in the carmaker’s story in India

In many ways, Hyundai Motor India is sitting pretty. Despite being a distant No.2 to market leader Maruti Suzuki in market share, its profit margins and sales mix are the envy of the industry. The company gets half its volumes from vehicles priced above Rs 10 lakh, its plants regularly run at 95% utilisation, and… Continue reading How Hyundai IPO marks the start of an ambitious new chapter in the carmaker’s story in India

Tata Elxsi and Emerson Inaugurate the Mobility Innovation Centre in Bengaluru

Enables Shift Left and Innovation at Speed for the Automotive Industry BENGALURU, India and AUSTIN, Texas, July 11, 2024 /PRNewswire/ — Tata Elxsi, the leading global design and technology services company, and global automation company Emerson, today announced the inauguration of the Tata Elxsi + NI Mobility Innovation Centre (TENMIC) in Bengaluru. This state-of-the-art centre… Continue reading Tata Elxsi and Emerson Inaugurate the Mobility Innovation Centre in Bengaluru

Hyundai scripts ambitious new India chapter

In many ways, Hyundai Motor India is sitting pretty. Despite being a distant No.2 to market leader Maruti Suzuki in market share, its profit margins and sales mix are the envy of the industry. The company gets half its volumes from vehicles priced above Rs 10 lakh, its plants regularly run at 95% utilisation, and… Continue reading Hyundai scripts ambitious new India chapter

@VW Group: Another big win for da Costa and bountiful points haul for Porsche008990

Race 14 Pascal Wehrlein, a two-time winner this season, lost the front wing of his car after just a few laps, which threw him down the field to 17th place. The German then battled his way up the order to finish fourth. In the drivers’ championship, he slashed the gap to the leader; ranking third… Continue reading @VW Group: Another big win for da Costa and bountiful points haul for Porsche008990

Tata Punch is India’s No. 1 SUV in April-June 2024, Hyundai Creta and Maruti Brezza on podium

Utility vehicles (UVs) have once again saved the blushes for India Passenger Vehicle Inc. In the first quarter of FY2025 (April-June 2024), a total of 1.02 million PVs were dispatched to showrooms, up by just 3% – hatchback and sedan sales were down by 18% to 341,293 units and vans up by 9% to 38,919… Continue reading Tata Punch is India’s No. 1 SUV in April-June 2024, Hyundai Creta and Maruti Brezza on podium

Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth

After hitting a heady 4.10 million units in calendar year 2023 (up 8.1%) and 4.21 million units in FY2024 (up 8.44%), mainly thanks to the surging demand for SUVs and MPVs, demand is slowing down for the overall passenger vehicle segment, which comprises cars, SUVs and vans, in CY2024. As per the latest wholesales data… Continue reading Car and sedan sales down 17% in April-June 2024, Toyota sole OEM to register growth

Fangchengbao: BYD to launch hybrid 4x4s in UK to rival Defender

BYD will bring its new range of Fanchengbao off-roaders to the UK as part of a push to broaden its market coverage and the range of powertrain choices it offers.  Fangchengbao is one of three BYD sub-brands, sitting alongside the premium-focused Denza marque and more upmarket Yangwang range, and could be the first to enter… Continue reading Fangchengbao: BYD to launch hybrid 4x4s in UK to rival Defender

UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story

Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. New Delhi: The Uttar Pradesh government’s recent decision to provide incentives for hybrid vehicles has irked electric vehicle (EV) manufacturers, especially as it comes hard… Continue reading UP’s sops for hybrid vehicles irk EV companies, add to industry’s June sob story

@VW Group: Another big win for da Costa and bountiful points haul for Porsche008979

Race 14 Pascal Wehrlein, a two-time winner this season, lost the front wing of his car after just a few laps, which threw him down the field to 17th place. The German then battled his way up the order to finish fourth. In the drivers’ championship, he slashed the gap to the leader; ranking third… Continue reading @VW Group: Another big win for da Costa and bountiful points haul for Porsche008979

JLR to roll out Pirelli FSC-certified natural rubber tyres across its range

JLR has joined forces with global tyre manufacturer Pirelli in a global automotive industry‑first commitment to use FSC‑certified natural rubber tyres across its range of modern luxury vehicles.  The luxury car manufacturer will be the first to adopt FSC‑certified tyres at scale, transitioning all tyres from Pirelli across its entire portfolio, debuting on the new… Continue reading JLR to roll out Pirelli FSC-certified natural rubber tyres across its range