Suzuki says will continue to expand SUV portfolio to recover market share in India

New Delhi/Tokyo: Japanese car maker Suzuki Motor Corporation on Monday said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment. The company, which currently has around 58 per cent stake in Maruti Suzuki India, said its net sales increased by 732.6 billion yen (15.8 … Read more

Hyundai: Hyundai to rev up India capacity to tap rising demand

Hyundai Motor Group’s Indian operations have been “pivotal” in driving growth at the Korean automotive conglomerate since the pandemic despite recessionary conditions worldwide, Euisin Chung, the group’s executive chair said on Thursday.He said the group is working on expanding annual capacity in India across Hyundai and Kia brands by more than a third to 1.5 … Read more

Hyundai: We will continue to strengthen our presence in the Indian market, says Hyundai Motor India MD Unsoo Kim

Korean auto major Hyundai said it will continue to make strategic investments towards increasing production capacity, setting up new manufacturing units, introducing new products and technologies to strengthen its presence in the Indian market. Unsoo Kim, Managing Director, Hyundai Motor India, said, India is a “focal” market for the company. “As we look forward to … Read more

Honda Gujarat: Honda Motorcycle commissions 6.5 lakh additional production capacity at Gujarat plant

Honda Motorcycle & Scooter India (HMSI) on Monday said it has commissioned a third assembly line at its Vithalapur (Gujarat)-based manufacturing plant. The third line will add an additional production capacity of 6.5 lakh scooter units, taking the total capacity of the facility to 19.7 lakh units per annum. “To serve customers more efficiently with … Read more