M&M looks to drive into South East Asia market, ramp up in South Africa

M&M looks to drive into South East Asia market, ramp up in South Africa

Mahindra & Mahindra, which leads India’s pick-up truck market with a 51% share, is looking to enter Southeast Asia and step up presence in South Africa with its latest Veero range. “We have been selling the Scorpio pick-ups in several markets including mature markets like South Africa. The Veero will give us access to many … Read more

car lease: Kia partners with Orix to introduce vehicle lease programme

car lease: Kia partners with Orix to introduce vehicle lease programme

Kia India on Friday said it has tied up with Orix auto infrastructure services to introduce a new ownership experience programme. The company has inked a Memorandum of Understanding (MoU) with Orix ‘Kia Lease’. The initiative aims to enhance brand accessibility and offer customers another option to own Kia without any maintenance, insurance, or resale … Read more

Talbros: Talbros Automotive’s JV firm secures order worth Rs 1,000 cr

Talbros: Talbros Automotive’s JV firm secures order worth Rs 1,000 cr

Talbros Automotive Components on Thursday said its joint venture firm has secured a multi-year contract valued at around Rs 1,000 crore from a European original equipment manufacturer (OEM). The order is to be executed over a period of next eight years commencing from the fourth quarter of this fiscal, the company said in a regulatory … Read more

Bajaj Auto reports 25 pc rise in total wholesales in March

Bajaj Auto reports 25 pc rise in total wholesales in March

New Delhi: Bajaj Auto Ltd on Tuesday reported 25 per cent year-on-year growth in its total vehicle wholesales, including exports at 3,65,904 units in March. The Pune-based automaker had sold 2,91,567 two-wheelers and commercial vehicles in March 2023, according to a company statement. Total domestic sales (including commercial vehicles) rose 18 per cent at 2,20,393 … Read more