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EV manufacturers to invest $20 billion in south and southeast Asia: S&P report

autherAutocar Professional Bureau     calendar30 Oct 2024

Major automakers are aggressively expanding their presence in South and Southeast Asia (SSEA), recognizing the region's immense potential as both a market and production hub, S&P said.

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Suzuki, Toyota extend manufacturing alliance to EVs

autherAutocar Professional Bureau calendar30 Oct 2024

The companies already have a global manufacturing alliance under which, in India, Maruti Suzuki supplies cars such as ...

Suzuki to build new biogas plants in India, inks MoUs with Amul Dairy and Dudhsagar

autherAutocar Professional Bureau calendar30 Oct 2024

Suzuki Motor Corp, which is already working with NDDB and Banas Dairy in Banaskanta, Gujarat, to set up five biogas pr...

Magna wins European OEM supply order for scalable, ICE-to-hybrid transmission

autherAutocar Professional Bureau calendar30 Oct 2024

First high-volume contract award for new product supports various vehicle models globally with ICE transmissions; new ...

Maruti Suzuki flags pressure in urban demand

By Kiran Murali calendar29 Oct 2024

Maruti Suzuki’s management noted that the weakness in urban demand reflects the impact of elections and monsoon.

Maruti Suzuki to clock highest-ever October retail sales with over 2 lakh units

autherKiran Murali calendar29 Oct 2024

The company's highest October retail sales were last in 2020 when the it delivered 1.91 lakh units.

Weakness in sub-Rs 10 lakh market a cause of worry, says Maruti Suzuki’s Bhargava

autherKiran Murali calendar29 Oct 2024

The automaker’s chairman believes affordability is the key factor impacting the segment, and that consumers need to ha...

Maruti Suzuki results: Analysts anticipate continued weakness

autherAmit Vijay M calendar29 Oct 2024

Leading analysts and market commentators from major brokerages have suggested that Maruti Suzuki's sharp stock decline...

Renault India celebrates Dhanteras with 100 vehicle deliveries in Raipur

autherAutocar Professional Bureau calendar29 Oct 2024

On Dhanteras, Renault India delivered over 100 vehicles in Raipur, highlighting its expanding presence and the popular...

ASK Automotive net profit up by  63% in Q2 FY25

autherAutocar Professional Bureau calendar29 Oct 2024

The company's EBITDA  grew 50% to ₹119 crores, and EBITDA margins improved to 12.2%