Latest Updates Around The World
New Delhi: Hero MotoCorp is looking to strengthen its presence in segments such as scooters, premium bikes and electric vehicles, where it remains currently underrepresented, company CEO Harshvardhan Chitale said.The country’s largest two-wheeler manufacturer also expects to expand its presence in international markets and parts and accessories sector.“While as a team we are proud of […]
Indian automaker Mahindra & Mahindra plans to expand capacity for its sports utility vehicles and electric vehicles this year to meet rising demand, helping the company post a nearly 33% quarter-on-quarter profit increase on Wednesday.The Mumbai-based company is India’s second-largest automaker by revenue, with a portfolio made up entirely of feature-rich SUVs.Mahindra plans to increase […]
Market leader Maruti Suzuki India on Monday said it is exploring a possible price hike for its vehicles as input costs rise, even as demand remains robust following the recent cuts in GST rates.Senior Executive Officer (Marketing & Sales) Partho Banerjee said rising commodity prices – especially precious metals – are driving up costs, prompting […]
New Delhi: Maruti Suzuki, Tata Motors and Mahindra & Mahindra (M&M) are among India’s top automakers as they prepare to launch more than 30 vehicles by 2026, the highest in the last five years. The wave of launches is expected to provide further impetus in the market as there is a demand spurt following last […]
Disclosure: Our goal is to provide products and services that we think you will find interesting and useful. If you purchase them, Entrepreneur may receive a small share of the revenue from sales from our retail partners. </p><div> In the early 2000s, most people couldn’t imagine that electric vehicles would outperform gasoline engines. That is […]
New Delhi: The government should soon come out with the final notification for the next phase of India’s Corporate Average Fuel Efficiency norms so that the industry can prepare accordingly, a senior executive at Toyota Kirloskar Motor said.The government last year released draft rules for the latest Corporate Average Fuel Efficiency (CAFE) standards, which will […]
Tesla lost its throne as the world’s largest electric vehicle maker after reporting a brutal fourth quarter in which sales fell 16 percent to 418,000 vehicles. China’s BYD took first place with 2.26 million electric vehicles sold worldwide by 2025, an increase of 28 percent compared to last year. The collapse came after September’s elimination […]
Despite near-term headwinds at Novelis, the long-term investment scenario for Hindalco Industries remains structurally strong, driven by favorable aluminum price dynamics and resilient domestic operations, said Aditya Welekar, AVP at Axis Securities.Speaking to ET Now, Welekar said Novelis remains a long-term growth story even as the company faces execution-related challenges at its Bay Minette project […]
Under the plan proposed by the European Union (EU), new combustion engines would effectively be banned after 2035. But as electric car enthusiasm cools and more automakers reinvest in combustion technology, the EU has officially decided to ease its restrictions. According to Reutersthe EU has revised its ambitious 2035 target and plans to ease restrictions […]
Mahindra & Mahindra plans to stick to its strategy of offering high-quality and differentiated vehicles, including internal combustion SUVs and electric vehicles, to further strengthen its presence in the domestic passenger car segment, a top company executive said. The Mumbai-based automaker has no immediate plans to introduce CNG and other alternative fuel technologies into its […]
