No country other than India has better prospects for future: Maruti Suzuki Chairman RC Bhargava

No country other than India has better prospects for future: Maruti Suzuki Chairman RC Bhargava

New Delhi, There is no other country in the world better placed than India in terms of future growth, Maruti Suzuki India Chairman RC Bhargava said on Monday. Speaking at an event here, the veteran industry leader noted that the country needs to get rid of the old baggage of various defunct laws, regulations and … Read more

Passenger vehicle volume to rise by 5-7 per cent, touch new peak in next fiscal: Report

Passenger vehicle volume to rise by 5-7 per cent, touch new peak in next fiscal: Report

Passenger vehicle (PV) volumes are expected to log 5-7 per cent growth, touching a new peak for the third straight time in the next fiscal driven by the SUV segment, credit rating agency Crisil said on Monday. This anticipated growth is expected to come on the back of an estimated high base of 6-8 per … Read more

TVS HLX 150F: TVS Motors launches TVS HLX 150F with new features to mark best-selling model’s milestone sales

TVS HLX 150F: TVS Motors launches TVS HLX 150F with new features to mark best-selling model’s milestone sales

Automaker TVS Motor Company on Monday announced that its best-selling TVS HLX line of two-wheelers has crossed the milestone of 3.5 million units in sales in international markets, and that it is launching the TVS HLX 150F, with added features, to mark the occasion. The company said it was expressing “its gratitude” to customers by … Read more

volvo india management: Volvo Car India rejigs management team

volvo india management: Volvo Car India rejigs management team

Volvo Car India on Monday said it has restructured its management team headed by Jyoti Malhotra through both internal role changes as well as external talent acquisition. The exercise carried out over the past few months is aimed to secure long-term strategic transformation and direct-to-consumer online sales, Volva Car India said. It is a subsidiary … Read more

India SUV sales: SUVs to continue steering PV sales to record high in FY25, but overall demand scenario a concern

India SUV sales: SUVs to continue steering PV sales to record high in FY25, but overall demand scenario a concern

The overall demand for cars in India will continue downward trajectory in the upcoming financial year, even as SUV thirst is likely to push passenger vehicle (PV) sales to record high, a report showed on Monday. Sport utility vehicles (SUVs) are likely to propel overall PV volumes to record high at 5-7 per cent in … Read more

VinFast echoes Tesla’s demand for India to cut import duty on electric cars

VinFast echoes Tesla’s demand for India to cut import duty on electric cars

Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream, an executive said on Sunday. VinFast has started building a factory in the southern state of Tamil Nadu and hopes … Read more

Xiaomi bets on new EV SU7; targets potential 20 million premium users

Xiaomi bets on new EV SU7; targets potential 20 million premium users

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date. CNBC | Evelyn Cheng BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market. “We … Read more

Junkyard Gem: 1976 Chevrolet Sportvan Beauville

Junkyard Gem: 1976 Chevrolet Sportvan Beauville

For the 1971 model year, General Motors created a new G-Series family of vans, replacing the smaller forward-control Chevrolet and GMC vans of the 1964-1970 period. This bigger front-engined design proved so successful that GM stuck with it in fundamentally unchanged form for a quarter-century, with production continuing all the way through 1996. We saw … Read more