In terms of products and technology, our new generation CVs offers ‘ProfitTechnology+’, a package of technologies and features ensuring industry-leading fuel efficiency, safety, comfort and reliability.
In May, Hyundai registered a cumulative sales of 12,583 units, including 5,700 units in the overseas market. The company's spokesperson said that Hyundai delivered 6,883 new vehicles to local customers in 22 days since we res
As per a market analyst, discussions with leading channel partners and experts had revealed that there would be a recovery in the rural and Tier-II/Tier-III regions. Also, both 2W and PV segments witnessed higher inquires for
When contacted, a senior member of the MRF Employees Union said that the workers stopped work from the second shift of Thursday (3 PM to 11 PM) as one of the union member tested positive for Covid-19 aka Coronavirus. Accordin
Documents for vehicle insurance and registration are being collected via mail or specially installed drop boxes and vehicle deliveries are being done only after all formalities are completed. an auto major said.
One of the main challenge is to procure the fabrics, as currently the movement of transportation is restricted. Departments like DRDO, Ordinance Factory should ensure them getting fabrics as desired, he said.
Our channel check suggested higher BS-IV stock of around 5 lakh units of two-wheelers, with HMCL being the highest (10-11 days) followed by Bajaj Auto (six-seven days), HMSI (five-six days) and TVS (four-five days).
Similarly, for our European operations, there was no growth capex being incurred, only maintenance capex would be incurred, he said, adding the company expects to invest €40 million in the European operations this year and
Though the company expects to benefit through pre-buying ahead of BS-VI transition in fourth quarter to some extent even as the CV industry is half way to ongoing cyclical downturn and is involved in heavy discounts to push i
An analyst with Motilal Oswal Securities said, “It seems the recovery is elusive and the inventory correction continues to be undertaken by the OEMs. Our interaction with leading PV/2W/CV channel partners still indicates no
BMW will also go for dealers expansion with 13 more in the next 12 to 15 months. In an interview with R Ravichandran of FE, Rundratej Singh, president & CEO, BMW Group India, while terming the current slowdown is short-term i