Akurdi: With the Freedom 125, the world’s first CNG-powered motorcycle, Rajiv Bajaj, managing director, Bajaj Auto Auto wants to “return the favour” to the erstwhile Hero Honda which transformed the scooter-led two-wheeler market two-and-half decades ago, with its fuel-efficient motorcycles. The motorcycles returned 80 kms to a litre, double of what the scooters returned. With […]
Kolkata: Electric two-wheeler maker Ather Energy is hopeful of increasing its market share as it forays into the family scooter segment, a company official said on Friday. The Bengaluru-based firm has so far been manufacturing sporty scooters. “The company has now entered the family scooter segment to capture a larger share of the market. Ather […]
New Delhi: Vehicle registrations – a proxy for retail sales – were largely flat last month as heatwave conditions in several parts of the country forced potential buyers to defer their purchases. Data collated by industry body Federation of Automobile Dealers Associations (FADA) showed as many as 1,895,552 vehicles were registered last month, a 0.73% […]
Bajaj Auto has made a groundbreaking entry into the commuter motorcycle sector by introducing the highly awaited CNG-powered motorcycle, the Freedom 125. This innovative model claims the title of being the world’s first-ever CNG motorcycle.
Best SUV in India: Tata Nexon, Kia Sonet, maruti suzuki brezza and more SUV under Rs 12 lakh.
German automaker Volkswagen on Wednesday said it has launched its first brand store under its Certified Pre-Owned business segment here in Tamil Nadu. The company, in line with the brand’s global transition has rebranded its used car business ‘Das WeltAuto’ to ‘Volkswagen Certified Pre-Owned’ cars. Witnessing more than 10 times of volume growth over the […]
Auto parts maker Samvardhana Motherson International has raised $350 million by selling five-year bonds to overseas investors. The issue was priced late Wednesday. The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasury, currently trading at about 4.30%. After taking into account […]
New Delhi: Automotive Tyre Manufacturers’ Association on Wednesday said its members are witnessing a ‘severe crunch’ in the availability of domestic natural rubber and it may disrupt production unless supply issues of the raw material are addressed. Despite high prices of natural rubber (NR), its availability has shrunk, Automotive Tyre Manufacturers Association (ATMA) said, expressing […]
BMW Group India on Tuesday said it has reported the highest ever sales in the country in the first half of the year with delivery of 7,098 units to customers. The luxury carmaker saw its sales increase 21 per cent year-on-year from 5,867 units in the January-June period of 2023. The company also sold 3,614 […]
TAFE Motors and Tractors Ltd, the subsidiary of leading tractor maker TAFE Ltd has inked a pact with Germany-based internal combustion engine manufacturer DEUTZ AG to jointly manufacture DEUTZ range of engines in the country. TAFE (Tractors and Farm Equipment) Motors and Tractors Ltd is a subsidiary of world’s third largest tractor manufacturer and city […]