TVS Motor Company’s overall two-wheeler sales including exports was 8.42 lakh units during quarter ended September 2019 as against 10.49 lakh units reported in the quarter ended September 2018. Motorcycle sales for the quarter under review is 3.42 lakh units as against 4.20 lakh units registered in the quarter ended September 2018. Scooter sales of the company for the quarter[Read More…]
Betting big on the Classic bike segment, the Italian superbike manufacturer Benelli, has launched its Imperiale 400 in the Indian market for Rs 1.69 Lakhs (Ex-showroom, India). The Benelli Imperiale 400 is a reinterpretation of a historical model of the Benelli-MotoBi range produced in the 1950s. The Benelli Imperiale 400 is introduced with complimentary service for the first 2-years. The[Read More…]
Elgi Equipments, one of the world’s leading air-compressor manufacturers, exhibited its oil free range of piston compressors for the railway segment at the 13th International Railway Equipment Exhibition (IREE), Asia’s largest rail transportation event. “The Indian Railways has been ELGi’s important customer for over four decades. Increasing urbanization and rising incomes have contributed to a significant growth in the passenger[Read More…]
WABCO India Limited, a leading supplier of technologies that improve the safety, efficiency and connectivity of commercial vehicles, has signed a development agreement with Oy Tamware Ab, for the design and development of bus doors for the domestic commercial vehicle market. This agreement positions WABCO India to exclusively produce door systems, both pneumatic and electric, designed by Tamware for the[Read More…]
India’s largest luxury car manufacturer Mercedes-Benz further bolstered its strong SUV portfolio by adding the power of diesel to its iconic, – The G-Class. The vehicle is a cult performance off-roader, which has set high benchmark for many vehicles. With the introduction of the new G 350 d, the off-roader becomes the most efficient “G” ever. Martin Schwenk, MD and[Read More…]
India’s fastest growing online auto spare parts marketplace, boodmo.com raises Rs 10 crore in fresh funding. This latest funding has increased the organization’s share capital from Rs 35 crore to Rs 45 crore. Earlier this year in May, boodmo had raised Rs 8 crore from an undisclosed investor. Talking about the freshly raised capital, Oleksandr Danylenko, Managing Director & Co-Founder,[Read More…]
Volkswagen, Europe’s leading car manufacturer launched the new Polo and Vento for the Indian market in Chennai, recently. Starting at an introductory price of Rs 5.82 Lakh for the new Polo and Rs 8.76 Lakh for the new Vento, the carlines are now available for all our customers to experience and own across the extensive network of Volkswagen in Tamil[Read More…]
Citroën, a globally successful brand of the auto conglomerate, Groupe PSA, entered into a white-label arrangement with Axis Bank, as a preferred Banking partner, to introduce Citroën Finance in India. Citroën Finance will provide retail finance and mobility solutions including value added products to its customers and customised credit solutions to its dealers in India. Speaking about the partnership, Roland[Read More…]
ACI Bureau The two and three-wheeler tyre manufacturer, TVS Srichakra Limited, launched its new brand, TVS Eurogrip, in Chennai. The new brand targets millennials with the company aiming to strengthen its leadership in the two-wheeler segment. Averred P Vijayaraghavan, Director, TVS Srichakra Limited, “India will remain a promising market for two-wheelers and we see tremendous growth opportunity. TVS Eurogrip caters[Read More…]
Building tyres in collaboration with Continental AG of Germany, Metro Tyres began its journey with bicycle tyres. Focusing on replacement market, the company is witnessing good growth. “Presence in both OEM and replacement market is allowing us to analyse demands patterns,” said Rummy Chhabra, Managing Director, Metro Tyres, in a conversation with Anwesh Koley of Auto Components India in an[Read More…]
