Maruti Suzuki has launched a special edition of the Swift for the festive season called the Blitz. Maruti Arena dealers will be retailing the Swift Blitz for a limited period to push sales of the hatchback’s lower-spec variants. The Swift Blitz will be offered in five variants – LXI, VXI, VXI AMT, VXI(O) and VXI(O)… Continue reading Maruti Suzuki launches Swift Blitz special edition
Tag: Suzuki
Freudenberg Group commissions two new plants in Punjab for Rs 385 crore
German Tier 1 major Freudenberg Group, has commissioned two new plants in Punjab’s Morinda, for around Rs 385 crore (over Euro 42 million). These will primarily cater to demand from the domestic market, while eyeing international supplies. Freudenberg Group is a manufacturer of automotive seals under its business entity Freudenberg-NOK India and noise and vibration control (NVH) components… Continue reading Freudenberg Group commissions two new plants in Punjab for Rs 385 crore
Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Hyundai Motor India’s $3.3 billion IPO was 18% subscribed on the first day of bidding on Tuesday, led by employees who placed orders for four-fifths of the shares reserved for them in the country’s largest share sale yet. The three-day share sale, the first by an automaker in India in two decades, ends on Thursday.… Continue reading Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Two-wheeler sales hit a million units in H1 FY2025 after six years, scooters up 22%, bikes by 13%
The Indian two-wheeler industry, which comprises motorcycles, scooters and mopeds, is in good nick after the first six months of the current fiscal year. Between April and September 2024, a total of 1,01,64,980 units – or a little over a million units – were dispatched to dealers across the country, registering strong 16.31% YoY growth… Continue reading Two-wheeler sales hit a million units in H1 FY2025 after six years, scooters up 22%, bikes by 13%
Honda sells 1.58 million Activas in H1 FY2025, TVS, Bajaj, Suzuki and Yamaha drive growth
Honda Motorcycle & Scooter India’s (HMSI) dominance of the scooter market continues unabated. With 1.58 million units of the 110cc and 125cc Activa scooters dispatched to its dealers across the country in the first six months of FY2025, HMSI has clocked strong 23% YoY growth on a high year-ago base. This sees the company increase… Continue reading Honda sells 1.58 million Activas in H1 FY2025, TVS, Bajaj, Suzuki and Yamaha drive growth
BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country’s largest share offering yet. The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million, while Fidelity bought shares worth… Continue reading BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
Two-Wheeler Catalytic Converter Market to Grow by USD 560.7 Million (2024-2028), Driven by Stricter Emission Norms & AI Impact on Market Trends- Technavio Report
NEW YORK, Oct. 14, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global two-wheeler catalytic converter market size is estimated to grow by USD 560.7 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 5.6% during the forecast period. Increasing stringency of emission norms for… Continue reading Two-Wheeler Catalytic Converter Market to Grow by USD 560.7 Million (2024-2028), Driven by Stricter Emission Norms & AI Impact on Market Trends- Technavio Report
Hyundai India IPO: Raises Rs 8,315 crore from 225 anchor investors
Hyundai Motor India Ltd today raised Rs. 8,315.28 crore from 225 anchor investors ahead of the opening of its initial public offering on Tuesday The company has finalised the allocation of 4.2 crore equity shares to anchor investors for Rs 1,960 per share, the company said in an exchange filing. Out of the total allocation to the anchor investors, 1.46 crore equity shares, or 34.42%, were allocated to… Continue reading Hyundai India IPO: Raises Rs 8,315 crore from 225 anchor investors
Used car market impacting new entry-level car sales: SIAM President
The entry-level car market is struggling to revive and the booming used car market could be one of the major reasons impacting the sales of new entry-level cars. “There is pressure possibly from the used-car industry on the entry-level segment. There are structural changes, which seem to be happening,” Shailesh Chandra, President of the Society of… Continue reading Used car market impacting new entry-level car sales: SIAM President
Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port