Sales of Elevate, the only SUV in the country from Honda Cars, one of the largest automobile companies, have crossed 30,000 units. It was launched in September last year. The company has also started exporting this indigenously made SUV to Japan. This is the first time that Honda Cars’ Indian unit has exported a car…
The total manufacturing of the country’s largest car maker Maruti Suzuki has crossed three crore units. The company started manufacturing in the country in December 1983. It has manufacturing plants in Gurugram and Manesar in Haryana and Hansalpur in Gujarat. The company had manufactured 10 lakh units in 1994. After this, in April 2005 it…
Ola, which provides cab services through the app, has decided to stop its services in Australia, Britain and New Zealand. Ola promoter ANI Technologies said that it will continue to focus on India business. This company, invested by Japan’s Softbank, is seeing a lot of opportunities for expansion in the country. Ola Mobility spokesperson said,…
Suzuki Motorcycle, one of the largest automobile companies, has manufactured 80 lakh two-wheelers in India. This Japanese company started business in the country in 2006. It has a wide range of scooters and motorcycles. It has manufactured the last 10 lakh units in just one year. Kenichi Umeda, Managing Director of the company, said, “The…
Tata Motors, one of the big automobile companies, plans to set up a factory in Tamil Nadu. In this factory, luxury cars will be manufactured under the Jaguar Land Rover (JLR) brand. JLR sales in India have increased by 81 percent in the last financial year. A Reuters report states that an investment of one…
Bajaj Auto, one of the largest two-wheeler companies, plans to manufacture 10,000 units of Triumph motorcycles every month by September this year. The company aims to increase its share in the premium motorcycles market. Triumph motorcycles will have a big contribution in this. The company has sold around 42,000 units of the Triumph Speed 400…
The country’s largest car maker Maruti Suzuki has achieved record profit in the fourth quarter of the last financial year. The company is getting strong demand for Sports Utility Vehicles (SUV). Apart from this, its margin has increased due to some reduction in manufacturing cost. Maruti Suzuki’s consolidated net profit in the January-March quarter increased…
American devices maker Apple’s iPhone 16 series may be launched soon. There are plans to manufacture iPhone 16 Pro models of this series in the country. These smartphones can be made available from the first day of the start of sales. For this, Apple can tie-up with existing contract manufacturing firms. a media Report According…
Mahindra & Mahindra, one of the big automobile companies, has launched the less than four meter SUV XUV 3XO. Its price ranges from Rs 7.49 lakh to Rs 15.49 lakh (ex-showroom). It will compete with Maruti Suzuki’s Brezza, Tata Motors’ Nexon, Hyundai’s Venue and Kia’s Sonet. The XUV 3XO has three engine options. There are…
Sports Utility Vehicle (SUV) sales of Mahindra & Mahindra, one of the major automobile companies, increased by 18 percent on year-on-year basis in April. Last month the company sold 41,008 units of the SUV. In the same month last year, this sale was 34,694 units. The company said in a regulatory filing that in April…