Hyundai Motor India, country’s largest auto exporter and second largest manufacturer today announced that it has first time achieved sales milestone of 5,00,537 units in CY 2016 registering a growth of 5.2%. Commenting on HMIL’s performance in Calendar year 2016, YK Koo, MD & CEO, Hyundai Motor India said, “ 2016 has been an Year of Excellence for Hyundai in India achieving[Read More…]
Step by step the vehicle is becoming part of the Internet of Everything, interfacing with an ever expanding spectrum of vehicle manufacturer and commercial services while continuously increasing owner value with every passing year. As a consequence the software in modern vehicles has grown to millions of lines of ever-evolving code. Keeping this highly complex system of software, mechatronics and[Read More…]
Setting benchmark Since a few years, both the organised and unorganised players (independent part dealers and small garages) have made great strides in the automotive aftermarket sector. After the economic slowdown of FY12, and the consequent dip in volume growth of automotive OEMs, the focus has been on growth in the aftermarket as a business imperative to maintain growth and[Read More…]
Ashok Leyland, flagship of the Hinduja Group, today hosted the Honourable President of India – Pranab Mukherjee – at the Company’s Driver Training Institute (DTI) in Chhindwara, Madhya Pradesh. The Hon’ble President was at the Institute to get a better insight into Ashok Leyland’s initiatives in the area of driver training. During his visit, he was taken on a tour[Read More…]
Volvo Group in India announced that Volvo Group Trucks Technology (GTT), the global research, development and engineering arm of Volvo, and Indian Institute of Science (IISc) have entered into a memorandum of understanding (MoU). With this MoU, Volvo group and IISc will undertake research and development in future automotive technologies. The MoU was signed by Jan-Ove Östensen, VP Advanced Technology[Read More…]
Hyundai Motor India, country’s largest auto exporter and second largest manufacturer today announced that it will hold a winter car care camp at its dealer workshops across India. The Winter Car care camp will be organized for 5 days, starting Dec 15-20. Customers of Hyundai Motor India can avail attractive offers like 23 point check-up, discounts on labour and parts,[Read More…]
HORIBA MIRA –a world-leader in advanced engineering, research and product development–has further bolstered its worldwide automotive engineering and testing capabilities with the opening of a facility within the new HORIBA India Private Limited, Technical Centre in Pune, Western India. The new site increases HORIBA MIRA’s presence in India and will provide an in-territory base from which to deliver comprehensive vehicle[Read More…]
The two-wheeler industry faced a challenging November with demonetisation impacting demand in the lean month after the festive high ending October’16. However, bucking the overall -5% de-growth in the industry. Honda 2Wheelers successfully closed the month with steady sales of 325,448 units. Elaborating more on the macro picture in the month of November 2016, Mr. Y.S. Guleria, Senior Vice President[Read More…]
India Yamaha Motor (IYM) marked its robust presence in the overall two-wheeler market and announced a 20% growth in domestic sales (including Nepal) in November 2016. The company sold 51106 units in November 2016 as against 42719 units sold in November last year, thereby registering a domestic (including Nepal) sales growth of 20%. It is noteworthy here that the 20%[Read More…]
Renault India, one of the fastest growing automotive brands in India, registered sales growth of 23% in the month of November. The company sold total 9,604 units in November 2016 as against 7,819 units in the corresponding month last year. The cumulative sales figure for the period Jan-Nov stands at 1,20,991 units as against 43,555 units in the corresponding period[Read More…]
