Ola Electric introduces gen 3 S1 electric scooter range, prices starting at Rs 79,999
In a significant move to strengthen its position in India’s growing electric vehicle market, Ola Electric today unveiled its third-generation S1 portfolio, introducing eight new electric scooters across various price segments. The announcement marks a strategic expansion of the company’s product lineup, with prices ranging from ₹79,999 to ₹1,69,999. The new flagship model, S1 Pro+, […]
Two-wheeler volumes to surpass pre-COVID levels next FY: Crisil Ratings
Two-wheeler dispatches from Indian automakers are expected to break previous records and reach new heights in the coming financial year, according to a report from CRISIL Ratings. The rating agency estimates 8-10% growth in the next financial year, following a robust 12-14% increase this year. The industry clocked its highest dispatches of 24 million units […]
Yamaha revises prices for R3 & MT-03, marks a decade of R3 globally
India Yamaha Motor (IYM) Pvt. Ltd. has announced a price revision for its Yamaha R3 and MT-03 motorcycles, reducing prices by up to Rs 1.10 lakh. Effective from February 1, 2025, the move aims to make these models more accessible amid growing demand for premium motorcycles in India. The announcement also coincides with the global […]
Automotive sector plans 70% workforce expansion, reports TeamLease Services
TeamLease Services, a staffing solutions company in India, has released its Employment Outlook Report for HY2 FY25, highlighting workforce trends in the automotive sector. The industry, which contributes approximately 7% to India’s GDP, is experiencing notable hiring momentum driven by consumer demand, technological advancements, and a growing focus on electric and connected vehicles. The report […]
Maruti’s rural sales soar 15%, far outpacing urban growth at 2.5% in Q3FY25: Rahul Bharti
India’s largest carmaker Maruti Suzuki India Ltd’s (MSIL) rural retail growth in Q3 FY25 stood at an impressive 15%, significantly higher than urban retail growth, which was recorded at just 2.5%. Overall retail growth for Q3 reached 8.3%, reflecting a slowdown in consumer demand from urban markets. “Rural has been growing better than urban and […]
Rane Madras reports Q3 net loss as margins face headwinds
Rane (Madras) Limited (RML), a prominent manufacturer of steering and suspension systems, reported a consolidated net loss of ₹0.2 crore for the third quarter ended December 31, 2024, marking a sharp reversal from a profit of ₹9.1 crore in the same period last year. The company’s consolidated revenue remained relatively flat at ₹523.7 crore, showing […]
Pricol’s nine-month profits rise 33% to Rs 1,320 million in FY25
Coimbatore-based automotive technology company Pricol Limited announced its financial results for the third quarter and nine months of FY2024-25 on January 30, 2025. The company reported consolidated profit after tax of Rs 1,320.82 million for the nine-month period, representing a 33.27% increase compared to the same period in the previous year. For Q3 FY25, Pricol’s […]
JSW MG Motor India launches fourth battery storage project using recycled EV batteries
JSW MG Motor India has partnered with LICO Materials to develop a new Battery Energy Storage System (BESS) that repurposes batteries from MG ZS electric vehicles. The project, unveiled on January 30, 2025, marks the company’s fourth initiative under its Project Revive program and offers storage capacities ranging from 18kWh to 300kWh. The system, developed […]
Made-in-India Jimny unveiled in Japan ahead of April 3 launch
The ‘Made-in-India’ Jimny five-door SUV has been unveiled in Japan today, where it bears the Jimny Nomade name. Suzuki Motor Corporation will officially launch the Jimny Nomade on April 3 in Japan. The Jimny five-door, which was first showcased at the Auto Expo 2023 in India, is currently the second most exported model from Maruti Suzuki […]
Toyota beats Volkswagen, remains world’s largest carmaker for fifth straight year with over one crore cars sold in 2024
Share via: Despite nearly 4 per cent drop in sales, Toyota managed to despatch more than one crore cars globally in 2024. Toyota Motor continues to be the most popular car manufacturer in the world for the fifth straight year with more than a crore vehicle sold in 2024. (REUTERS) Japanese auto giant Toyota Motor […]
Skoda Auto celebrates 25 years in India
By: Sameer Fayaz Contractor | Updated on: 30 Jan 2025, 14:41 PM Share via: Skoda Auto laid the foundation for its first plant in India in January 2000, commencing its journey that has seen multiple impactful models so far and … Read more Skoda Auto India kicked off its innings with the Octavia in 2001 […]
Limited-run BMW M3 CS Touring launched globally, gets 550 bhp and all-wheel drive
Share via: Priced from £120,600, the M3 CS Touring features a lightweight chassis and aggressive styling, with global deliveries expected to start in March 2025. View all Images The M3 CS Touring is the first-ever station wagon to bear the CS moniker and is powered by a 550 bhp twin-turbo inline-six engine. (BMW) The BMW […]