From eagerly awaited vehicle launches to cutting-edge EV developments and financial milestones, the Indian automotive industry had an eventful start to May 2024. Let’s dive into the latest updates that are making waves across the nation.
Maruti Suzuki Commences Pre-bookings for the Much-Awaited Epic New Swift #MarutiSuzuki #EpicNewSwift #HatchbackLaunch
Maruti Suzuki India Limited, the country’s leading carmaker, has announced the commencement of pre-bookings for the highly anticipated 4th generation Epic New Swift for INR 11,000/-. Promising to build on its rich legacy, the Epic New Swift enhances its sporty design and dynamic driving experience.
- Skoda India Makes Six Airbags Standard Fitment in Kushaq and Slavia #Skoda #SafetyFirst #SixAirbags
In a move aimed at enhancing vehicle and passenger safety, Skoda Auto India has made six airbags a standard fitment in its Kushaq midsize SUV and Slavia sedan, accompanied by a slight price increase.
- With the Launch of XUV 3XO, M&M Eyes Top Position in the Subcompact SUV Segment in the Next 3 Years #MahindraXUV3XO #SubcompactSUV #MarketLeadership
Launched at a starting price of Rs 7.49 lakhs, Mahindra & Mahindra (M&M) aims to achieve a top spot in the subcompact SUV segment with its new product portfolio, including the XUV 3XO, within the next three years.
- Rumour: Hyundai to Launch Hybrid Models in India by 2027 #Hyundai #HybridVehicles #FutureMobility
According to media reports, Hyundai plans to enter the hybrid vehicle segment in India by 2027, catering to the rising global demand for these vehicles and incorporating hybrid powertrains into its product portfolio.
- Toyota Urban Cruiser Taisor Starts Reaching Dealerships #ToyotaUrbanCruiserTaisor #MarutiSuzukiFronx #SubcompactSUVLaunch
The Toyota Urban Cruiser Taisor, a rebadged version of the Maruti Suzuki Fronx, has started reaching dealerships across India, with customer deliveries scheduled for next month. The vehicle is available in five variants, with prices starting at Rs 7.74 lakh (ex-showroom).
- VECV to Invest Around INR 1000 cr on Multiple Alternative Fuel Technologies for New-age CVs #VECV #AlternativeFuels #CommercialVehicles
The Volvo-Eicher JV, VECV, plans to invest around INR 1000 crore in multiple alternative fuel technologies for new-age commercial vehicles (CVs), covering possibilities from BEV to fuel cell, as there is still a lack of clarity over which technology/ies will prevail in the industry.
- Statiq Partners with Dassault Systemes 3DExperience Works for EV Charging Ecosystem #Statiq #DassaultSystemes #EVChargingInfrastructure
Statiq, India’s largest EV charging network, is using Dassault Systèmes’ 3DEXPERIENCE Works to develop reliable, accessible, and affordable EV charging infrastructure in India, accelerating the country’s transition to sustainable mobility.
- Bharat NCAP Results of Baleno, Brezza, Grand Vitara to be Out Any Time: Maruti #BharatNCAPResults #MarutiSuzuki #CrashTestResults
According to a senior Maruti Suzuki India official, the Bharat NCAP results of the Baleno, Brezza, and Grand Vitara, which were tested for their crash safety performance, could be out any time now.
- Ducati DesertX Rally Launched in India; Priced at Rs. 23.71 Lakh #DucatiDesertXRally #AdventureBike #PremiumOffRoader
The Ducati DesertX Rally, one of the best premium off-road biased adventure motorcycles on sale in India, has been launched at a sticker price of Rs. 23.71 lakh (ex-showroom).
- Piaggio Offers First Battery Subscription Model for Electric Three-wheelers #Piaggio #BatterySubscription #ElectricThreeWheelers
Piaggio Vehicles has outlined an ambitious plan to offer a ‘Battery Subscription’ model for its Apé Elektrik electric three-wheelers, with prices starting at Rs 2.59 lakh, compared to fixed battery electric three-wheelers, which start around Rs 4 lakh.
- Revamp Moto and NACOF Oorja Collaborate to Enhance Rural and Agricultural Mobility with EVs #RevampMoto #NACOFOorja #RuralMobility
Revamp Moto, a modular electric two-wheeler manufacturer in India, has partnered with NACOF Oorja, a prominent Renewable Energy developer and operator, to introduce innovative, sustainable, and cost-effective electric vehicle solutions in rural and agricultural sectors.
- HERO MOTOCORP REVEALS HARLEY-DAVIDSON 2024 MODEL PRICES ACROSS INDIA BREAKOUT 117 REINTRODUCED IN INDIA ALONG WITH ALLNEW ROAD GLIDE AND STREET GLIDE #HeroMotoCorp #HarleyDavidson #CruiserMotorcycles
Hero MotoCorp and Harley-Davidson have announced the pricing for Harley
- TVS MOTOR COMPANY WINS TOP HONOURS IN 7 OUT OF 10 CATEGORIES IN THE J.D. POWER 2024 INDIA TWO-WHEELER IQS AND APEAL STUDIES #TVSMotor #JDPowerAwards #QualityExcellence
TVS Motor Company has won top honours in 7 out of 10 categories in the prestigious J.D. Power 2024 India Two-Wheeler Initial Quality Study and APEAL Studies, underscoring its commitment to delivering exceptional product quality.
Sona Comstar Sets Up New Merger & Acquisition Committee #SonaComstar #M&ACommittee #StrategicGrowth
Auto component major Sona BLW Precision Forgings (Sona Comstar) has constituted a new Merger & Acquisition committee to review, evaluate, and consider proposals for investments, divestments, strategic alliances, technological tie-ups, and foreign collaborations.
- Sona Comstar’s FY24 Net Profit Up 31% YoY; Q4 Profit Grows 24% to All-Time High #SonaComstar #EarningsReport #ProfitGrowth
Sona Comstar has reported a 31% year-on-year growth in its net profit for FY2023-24, with a 19% increase in revenue from operations. For Q4, the company’s net profit rose 24% year-on-year to an all-time high.
Castrol India’s Net Profit Jumps 7% to Rs 216 Crore in Q1CY24 #CastrolIndia #EarningsReport #ProfitGrowth
Castrol India has reported a 7% increase in its net profit to Rs 216 crore during Q1 CY2024, with revenues from operations growing by 2% compared to Q1 CY2023.
