From groundbreaking collaborations to highly anticipated unveilings and sales figures, this roundup promises to keep you at the forefront of the industry’s latest developments. Let’s dive in!
- FORVIA and L&T Technology Services Forge Strategic Alliance for Ultra-Low Emissions Engineering #FORVIA #LTTS #CleanTechnology #StrategicAlliance
In a landmark move, L&T Technology Services and FORVIA, a leading global automotive supplier, have forged a strategic partnership worth approximately €45 million. This five-year collaboration involves the transfer of around 300 engineers from FORVIA’s facilities in Augsburg, Germany, and Bangalore, India, to LTTS. This strategic alliance aims to seamlessly integrate engineering activities across Digital PLM initiatives, ensuring ongoing support for end customers while driving innovation in ultra-low emissions engineering. #AutomotiveEngineering #SkillsTransfer #DigitalTransformation
- JBM Showcases Zero-Emission GALAXY Luxury Coach and ECOLIFE City Bus at Berlin Expo #JBMElectricVehicles #ElectricLuxuryCoach #ElectricCityBus #ZeroEmissions
JBM Electric Vehicles, a pioneering Indian electric bus manufacturer and EV ecosystem provider, showcased its cutting-edge ‘GALAXY’ zero-emission luxury coach and ‘ECOLIFE’ electric citybus at the Bus2Bus 2024 event in Berlin. Designed to meet global European standards, these vehicles exemplify JBM’s commitment to building a comprehensive and intelligent EV ecosystem, paving the way for sustainable transportation solutions. #ElectricMobility #SustainableTransportation #EVEcosystem
- Maruti Suzuki Revs Up for New Swift Launch, Anticipates Small Car Revival #MarutiSuzuki #NewSwift #SmallCarResurgence
Maruti Suzuki is gearing up to unveil the highly anticipated new Swift on May 9, with the company expressing confidence in the resurgence of the small car segment as affordability improves. According to the automaker, there is no reason to doubt the revival of demand for small cars, as it’s merely a matter of time before the affordability gap narrows. #SmallCars #AffordableTransportation #MarketTrends
- Flat Domestic Passenger Vehicle Sales in April for Indian Automakers #DomesticPassengerVehicleSales #AprilSales #IndustryTrends
The domestic passenger vehicle market witnessed a sluggish start to the new financial year, with carmakers estimated to have dispatched around 3.38 lakh vehicles in April, reflecting a marginal growth or near-flat sales compared to the previous year. The tepid dispatches primarily reflect the high base, higher network stock, weak demand for small cars, and general elections. #VehicleWholesales #MarketDynamics #IndustryAnalysis
- VECV Reports 20.3% Drop in Domestic Wholesales for April 2024 #VECV #CommercialVehicleSales #AprilSales
Volvo Eicher Commercial Vehicles (VECV) reported a 20.3% year-on-year drop in domestic wholesale sales, totaling 4,898 units during April 2024, compared to 6,142 units in April 2023. The LD trucks and LMD trucks (3.5–18.5 tonnes) category witnessed a 24.8% decline, while the heavy-duty trucks (over 18.5 tonnes) reported a 20.6% decrease. #CommercialVehicleIndustry #WholesalesPerformance #MarketTrends
- Yamaha’s Electric Motocross Bike Unveiled in Patent Images #YamahaElectricMotocrossBike #ElectricMotorcycles #PatentImages
Yamaha seems to be gearing up to launch its electric motocross bike, with the latest patent filings revealing details of the machine, suggesting it’s close to production-ready. The electric motocross bike differs from Yamaha’s existing electric trials bike, the TY-E, and incorporates clever technology to make it suitable for motocross usage. #ElectricOffRoading #InnovativeDesign #FutureOfMotorcycling
- Royal Enfield Reports 12% YoY Growth in April Sales #RoyalEnfield #AprilSales #SalesGrowth
Royal Enfield recorded a 12% year-on-year growth in its April sales volume, driven by a robust uptick in domestic and international market demand. The automaker dispatched a total of 81,870 two-wheelers, with the models up to 350cc engine capacity contributing significantly to the growth. International business volume also saw a remarkable 61% jump. #TwoWheelerSales #MarketPerformance #GlobalExpansion
- Hero MotoCorp Kickstarts FY’25 with 34.7% Sales Growth in April #HeroMotoCorp #AprilSales #FY25Start
Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, kicked off the new fiscal year (FY’25) with a robust 34.7% growth, selling 533,585 units of motorcycles and scooters in April 2024. The volume growth highlights the company’s sales trend, particularly in the 125cc and 400+cc segments, with the Xtreme 125R witnessing strong demand across the country. #TwoWheelerSales #MarketLeader #ProductPerformance
- Harley-Davidson Unveils 2024 Motorcycle Range in India, Prices Start at Rs. 13.39 Lakh #HarleyDavidson #MY24Range #PremiumMotorcycles
Harley-Davidson and Hero MotoCorp have announced the prices of the new 2024 model line-up in India, with 10 premium motorcycles on offer. The most affordable is the MY24 Nightster, priced at Rs. 13.39 lakh, while the most expensive model is the Road Glide, priced at Rs. 41.79 lakh (ex-showroom). #CruiserMotorcycles #IconicBrands #LuxuryRiding
This comprehensive roundup covers the latest developments, from trailblazing partnerships and strategic moves to highly anticipated vehicle launches and sales figures, keeping you at the forefront of the dynamic Indian automotive landscape.
Stay tuned for more exciting updates!
