Friday, November 15

Automobile News

ACKO Drive Launches Seamless End-to-End Digital Car Buying Experience with Financing Options
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ACKO Drive Launches Seamless End-to-End Digital Car Buying Experience with Financing Options

New Delhi, November 15, 2024. ACKO Drive is changing how people buy cars in India by introducing a fully digital, end-to-end car buying experience. This latest development by ACKO Drive allows customers to finance and purchase their next vehicle online without needing to step into a dealership. The new digital platform, ACKO Drive, caters to modern buyers seeking convenience, speed, and security. As online shopping becomes increasingly popular across sectors, ACKO Drive brings the same simplicity to the automotive industry, making the car-buying journey effortless and transparent for today's consumers. An Online Platform Tailored for Hassle-Free Car Shopping ACKO Drive offers customers a one-stop shop to browse a wide selection of cars like&nb...
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Hyundai Motor Appoints Jose Munoz As CEO
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Hyundai Motor Appoints Jose Munoz As CEO

New Delhi, November 15,2024. Hyundai Motor has appointed Jose Munoz, current US chief and global chief operating officer, as its new chief executive officer (CEO), with effect from January 1, 2025, according to a company statement on Friday. The appointment has made Munoz the first foreigner to lead the South Korean conglomerate. Munos joined Hyundai Motor five years ago in 2019 as its global chief operating officer. He was in charge for the carmaker’s north and south American business. Prior to that, he served at Nissan Motor for 15 years, including as chairman of its China unit.
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Thar Roxx Is The First Body On Frame To Get A 5 Star Rating In BNCAP
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Thar Roxx Is The First Body On Frame To Get A 5 Star Rating In BNCAP

New Delhi, November 15, 2024. The Roxx comes with petrol and diesel engines and the diesel gets a 4x4 on offer too. Recently launched the new Roxx has already garnered a long waiting list due to high demand. The recently launched Mahindra Thar Roxx has got a 5 star safety rating in the latest round of BNCAP crash tests. The Thar Roxx ROXX is the first body-on-frame SUV to get a 5-star Bharat-NCAP rating, while Mahindra says that it also has the highest overall score by any ICE vehicle in Bharat-NCAP testing. In terms of the scores, the ROXX got a 31.09/32 in adult occupant protection (AOP) and 45/49 in child occupant protection (COP). For a typical ladder frame SUV to get 5 stars is a big thing. In terms of safety, the Thar Roxx comes with features such as six airbags, 3-point se...
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Toyota Kirloskar Motor Introduces Special Limited-Edition of Glanza, Urban Cruiser Taisor&Urban Cruiser Hyrdyer with Exciting Year-End Offers
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Toyota Kirloskar Motor Introduces Special Limited-Edition of Glanza, Urban Cruiser Taisor&Urban Cruiser Hyrdyer with Exciting Year-End Offers

Bangalore, 13th November 2024. Toyota Kirloskar Motor (TKM) is excited to make this year-end memorable for car buyers with the launch of the Special Limited Edition across its popular models— Glanza, Urban Cruiser Taisorand Urban Cruiser Hyryder. Following the overwhelming response to the recently introduced Festival Limited Editions, the Special Limited-Edition takes Toyota’s commitment towards customer centricity a step further by offering Toyota Genuine Accessory (TGA) packages. By allowing customers to personalize their vehicles, the Special Limited-Edition allows buyers to own a special upgraded version of their preferred Toyota model with a blend of style and enhanced functionality. This also allows customers to choose between the Special Limited- Edition package or avail thems...
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National Education Day: Toyota Kirloskar Motor’s Initiatives Champion Skill Development for India’s Youth

Bangalore, 11th November 2024. Celebrating National Education Day, Toyota Kirloskar Motor (TKM) reaffirms its commitment to bridging the skills gap in India through a wide range of impactful initiatives. With a strong focus on empowering economically underprivileged youth across Karnataka and India, TKM’s educational and vocational training programs are creating pathways to employment, fostering self-reliance, and contributing to India’s industrial growth. A key pillar of TKM's mission is the Toyota Technical Training Institute (TTTI), established in 2007. For over 15 years, TTTI has been providing free, high-quality education to youth from economically underprivilegedsections, specializing in automobile manufacturing. The institute offers a rigorous three-year residential training p...
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Tata Motors Consolidated Q2 FY25 Results

Mumbai, November 08, 2024 Tata Motors Ltd. (TML) announced its results for quarter ending September 30, 2024.  Consolidated(₹Cr Ind AS)Jaguar Land Rover(£m, IFRS)Tata Commercial Vehicles (₹Cr, Ind AS)Tata Passenger Vehicles (₹Cr, Ind AS)FY25Vs. PYFY25Vs. PYFY25Vs. PYFY25Vs. PYQ2 FY25Revenue101,450(3.5)%6,475(5.6)%17,288(13.9)%11,700(3.9)%EBITDA (%)11.4 (230) bps11.7(320) bps10.840 bps6.2(30) bpsEBIT (%)5.6(190) bps5.1(220) bps7.8(10) bps0.1(170) bpsPBT (bei)5,768₹(391) Cr398£ (44)mn1,314₹(212) Cr229₹(67) CrH1 FY25Revenue209,4981.0%13,748–35,138(5.2)%23,548(5.9)%EBITDA (%)13.0 (100) bps13.9(170) bps11.2120 bps6.010 bpsEBIT (%)7.0(80) bps7.1(90) bps8.4 120 bps0.2(120) bpsPBT (bei)14,595₹2,895 Cr1,091£ 214 mn2,849₹387 Cr402₹(81) Cr Tata Motors Consolidated:TML del...
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Oben Electric Shakes Up the City Commuter Motorcycle Market with the Easy-to-Ride Rorr EZ launch, Now Available at an Introductory Price of Just ₹89,999

Bengaluru, November 07, 2024. Oben Electric, a homegrown R&D driven electric vehicle manufacturer, announces the launch of its electric motorcycle Rorr EZ (read:‘easy’),the latest addition to its popular Rorr product line, designed to provide an easy and seamless riding experience for daily commuters. Engineered to redefine city commuting, Rorr EZ launches at an introductory price starting at ₹89,999 (ex-showroom) for a limited period. Embodying the spirit of "India Rides EZ," this electric motorcycle breaks down barriers in the EV market, making electric mobility accessible for everyone. The Rorr EZ combines effortless handling, striking aesthetics, and high-performance technology to tackle everyday city traffic challenges including endless clutch and gear shifting, vibrations, ...
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HERO MOTOCORP SHOWCASES ITS FUTURE  MOBILITY VISION AT EICMA 2024

New Delhi, November, 2024.  “With our vision "Be the Future of Mobility," Hero MotoCorp aims to push boundaries and setnew standards in innovation and sustainability. We are driven by our commitment to pioneering technologies that shape a future of mobilitydesigned to benefit generations to come. “As the world's largest two-wheeler manufacturer, Hero MotoCorp embodies the spirit of "Innovating and Making in India for the World". This ethos permeates every aspect of our operations, reinforcing our dedication to serving our 120 million customers while maintaining a focus on environmental sustainability. “Hero MotoCorp continues to be a trusted global leader, known for reliability and resilience of our machines. This enduring trust and our world-class products form the foundatio...
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HERO MOTOCORP  REGISTERS A GROWTH OF 13% WITH RETAIL SALES OF 16 LAKH UNITS DURING THE 32-DAY PERIOD

New Delhi, November 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, achieved its highest-ever retail sales during the recent 32-day festive period,  starting from Navratri. With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023. The robust demand for Hero MotoCorp's products was evident across both urban and rural India. The 125cc motorcycle segment, with Xtreme 125R, emerged as a key growth driver, while the 100cc segment also contributed positively to the company's strong sales performance. VIDA, Hero MotoCorp's electric vehicle brand, crossed a significant milestone by achieving  11,600 retail sales during the same period. VIDA network's ongoing exp...
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Toyota Kirloskar Motor Sells 30,845 Units in October 2024

Bangalore, November 2024. Toyota Kirloskar Motor (TKM) today reported yet another month of strong performance with the sales of 30,845 units. This indicates a growth of 41% in comparison with October 2023, when the sales stood at 21,879 units. During October 2024, TKM’s domestic sales stood at 28,138 units while exports announced to 2707 units. In the first seven months of FY'24, TKM achieved a remarkable sales milestone, with 1,93,468 units sold—up 33% from the 1,45,818 units sold during the same period in FY'23. A key driver of this growth has been TKM's expanded production capacity, achieved through the introduction of three-shift operations, which has enabled the company to better meet the rising market demand. Sales Performance: TimeframeOctober- 2024October - 2023GrowthY-...
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Tata Motors registered total sales of 82,682 units in October 2024

Mumbai, November 2024. Tata Motors Limited sales in the domestic & international market forOctober2024 stood at 82,682 vehicles, compared to 82,954units during October 2023. Domestic Sales Performance: CategoryOctober 2024October 2023% change (Y-o-Y)Total Domestic Sales80,83980,8250% Commercial Vehicles: CategoryOctober 2024October 2023Growth (Y-o-Y)HCV Trucks10,02410,204-2%ILMCV Trucks5,8365,3519%Passenger Carriers2,8352,51413%SCV cargo and pickup14,01314,419-3%CV Domestic32,70832,4881%CV IB1,5511,829-15%Total CV34,25934,3170% Domestic sale of MH&ICV in October2024, including trucks and buses, stood at 15,574 units, compared to15,211units in October 2023. Total sales for MH&ICV Domestic & International Business in October 2024, including trucks and...
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Tata Motors celebrates a historic sales milestone of 15 lakh trucks in the ILMCV range

Mumbai,  October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced a historic milestone of 15 lakh sales in the Intermediate, Light and Medium Commercial Vehicles (ILMCV) segment. Tata Motors becomes the only truck manufacturer in the country to achieve this milestone. To commemorate this achievement, Tata Motors has unveiled new variants of the Tata SFC 407 Gold, Tata LPT, Tata SFC 709G, Tata LPT 1109G, Tata LPK 1112 and Tata LPK 1416 range of trucks and tippers. The company has also introduced attractive financing schemes tailored for first-time buyers, alongside a 6-year extended warranty on all ILMCV trucks, ensuring total peace of mind for customers. The ILMCV segment includes trucks with gross vehicle weight ranging from 4 to 19 tonne, catering...
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Tata Motors inaugurates ‘Customer Care Mahotsav’

Mumbai, 23 October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, announced the launch of its Customer Care Mahotsav 2024, a comprehensive customer engagement program for commercial vehicle customers till 24th December, 2024. The unique and value adding programme will be held at over 2500 authorised service outlets across the country, bringing together fleet owners and drivers for insightful discussions. Through the Mahotsav, customers can avail a range of benefits, including thorough vehicle check-ups conducted by trained technicians, and access to value-added services. Additionally, drivers will receive extensive training on safe and fuel-efficient driving practices, along with tailored offerings under its Sampoorna Seva 2.0 initiative. Launching the ...
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Tata Motors advances green mobility, begins delivery of LNG-powered trucks to Clean Green Fuel and Logistics Pvt. Ltd

New Delhi, October 2024. Tata Motors, India’s largest commercial vehicle manufacturer, today announced the commencement of deliveries of the Tata Prima 5530.S LNG trucks to Clean Green Fuel and Logistics Pvt. Ltd, a leading green fuel retailing and logistics company. Tata Motors had received an order to supply 150 such trucks. The first batch of vehicles was handed over today at a specially organized ceremony in the city. Deliveries of the remaining Tata Prima 5530.S LNG trucks will be subsequently carried out, in a phased manner. A Memorandum of Understanding to supply an additional 350 units of Prima 5530.S LNG was also signed between Tata Motors and Clean Green Fuel and Logistics Pvt. Ltd. Speaking on the occasion, Mr. Milan Donga, Director, Clean Green Fuel and Logistics Pvt. ...
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Toyota Kirloskar Motor Introduces Limited Festival Edition of Toyota Rumion

Bangalore, 21st October 2024. Making this festive season special for car buyers, Toyota Kirloskar Motor (TKM) today introduced the Festive Edition of the Toyota Rumion. This Limited-Edition, featuring exclusive Toyota Genuine Accessory (TGA) packages aimed at enhancing the Rumion's aesthetics and comfort is the perfect mobility choice to celebrate the season in elegance and style. This festive edition of the Rumion, available across all grades, comes with a dealer-fitted TGA package worth ₹20,608, ensuring that customers enjoy a premium experience. The Festival Limited Edition TGA package features: Back Door Garnish Mud Flaps Rear Bumper Garnish Deluxe Carpet Mat (RHD) Head Lamp Garnish Number Plate Garnish Door Visor - Chrome Roof Edge Spoiler Body Sid...
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Tata Motors wins order to supply 1000 bus chassis to Uttar Pradesh State Road Transport Corporation

Mumbai, 21st October, 2024. Tata Motors, India's largest commercial vehicle manufacturer, announced that it has received a prestigious order from the Uttar Pradesh State Road Transport Corporation (UPSRTC) to supply 1,000 units of the Tata LPO 1618 diesel bus chassis. The order was won by Tata Motors following a competitive e-bidding process conducted via the Government tendering process, and the bus chassis will be supplied in a phased manner as per mutually agreed terms. This latest order follows the successful fulfilment of a similar, larger order of 1,350 bus chassis received last year, and which are currently running efficiently by the UPSRTC. Designed for safe intercity and long-distance travel, Tata LPO 1618 diesel bus chassis deliver superior performance and excellent passeng...
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Toyota Kirloskar Motor Announces the Introduction of‘Festival Limited Edition’ of Toyota Glanza

Bangalore, October 2024. Marking the festive spirit, Toyota Kirloskar Motor today announced the introduction of‘Festival Limited Edition’of the Toyota Glanza. Customers can now enjoy exclusive dealer-fitted Toyota Genuine Accessory (TGA) packages, designed to elevate their driving experience with enhanced style, performance and comfort of the Glanzaduring this festive period. Celebrated for its advanced technology, sleek design, and high fuel efficiency, since 2019, the limited-edition Toyota Glanza comes equipped with 13exclusive TGA Package, worth ₹20,567. The vehicle features standout elements like premium chrome and black body side moulding, back door garnish chrome, and ORVM garnish chrome. Additional highlights include 3D floormat, door visor premium, and neck cushions (black &...
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Indian Bank signs MoU with Tata Motors to offer commercial vehicle financing solutions

Mumbai, 17th October, 2024. Indian Bank, one of India's leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India's largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authoriseddealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit processing. This partnership will provide tailored financial solutions for Tata Motors’ entire commercial vehicle portfolio including LNG (Liquefied Natural Gas) and electric range of commercial vehicles. Tata Motors and Indian Bank will also significantly scale up their partnership on dealer financing. Speaking on this announcement, Mr. Ashutosh Choudhury, E...
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Toyota Kirloskar Motor Celebrates the Festive Season with Exclusive Limited Edition of Urban Cruiser Taisor

Bangalore, 16th October 2024. Adding to the festive fervour, Toyota Kirloskar Motor (TKM) today announced the Limited Edition of its highly popular model - Urban Cruiser Taisor. This special edition, designed with a focus on enhancing style, and premium-ness, comes with a well curated Toyota Genuine Accessories (TGA) package to elevate delight and excitement to customers. Available across all Turbo variants, the Limited Edition comes with a comprehensive TGA package of ₹20,160enhancing both the exterior and interior of the versatile UC Taisor. List of key features: Front and rear under spoilers in granite grey and red colors Premium door sill guards Chrome garnishes for the headlamps and front grille Body side molding Door visor premium All-weather 3D mats and a we...
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Toyota Kirloskar Motor Introduces Urban Cruiser Hyryder‘ Festival Limited Edition’

Bangalore,  October 2024. Reinforcing its legacy of innovation and customer-centric approach, Toyota Kirloskar Motor (TKM) today announced the introduction of the Urban Cruiser Hyryder‘Festival Limited Edition’, featuring exclusive Toyota Genuine Accessories (TGA) Package. This latest addition to the Urban Cruiser Hyryder line-up comes with 13 specially designed TGA, further enhancing the dynamic and premium driving experience. Exterior Chrome and Ornamental Accessories: Mudflap, Door Visor (Premium with SS Insert), Front and Rear Bumper Garnish, Head Lamp Garnish, Hood Emblem, Body Cladding, Fender Garnish, Rear Door Lid Garnish, and Door Chrome Handle Interior Premium and Advanced Accessories: All-Weather 3D Floormat, Leg Room Lamp, and a Digital Video Recorder Since i...
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New Car Loans: A Hassle-free Solution to Buy a New Car

With the festive season just around the corner, excitement for new possibilities and grand celebrations fills the air. For many, it is the perfect moment to chase a long-cherished dream—owning a new car. While the process of selecting the right new car may be long and requires a lot of research, financing it can be completely hassle-free with a Bajaj Finserv New Car Loan. Bajaj Finance Limited offers loans for new cars that comes with simple eligibility criteria and minimal documents.  With this car loan, customers can secure financing of up to Rs. 10 crore and bring home their desired car with ease. This loan product is an excellent choice for individuals seeking quick access to funds, making it a suitable option for fulfilling their new car financing needs.  Here are a few key...
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HERO MOTOCORP UNVEILS FESTIVE CAMPAIGN SHUBH MUHURAT AAYA, HERO SAATH LAYA

New Delhi, October, 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced an innovative festive campaign that celebrates the auspicious beginning of festivities in India and embodies the country’s rich heritage and traditions. ‘ShubhMuhuratAaya, Hero SaathLaya’marks the third edition of Hero MotoCorp’s Grand Indian Festival of Trust (GIFT)offering customers an exciting opportunity to dial up the festive cheer by bringing home their favourite Hero MotoCorp products. In an industry-first approach, Hero MotoCorp is introducing a ground-breaking Gen-AI campaign, ‘ShubhMuhuratSaathi,’ featuring youth icons and actors, Divyendu Sharma and Hansika Motwani. Through an exciting AI feature, the celebrities will feature in a personalised video messa...
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Tata Motors Group global wholesales at 3,04,189 in Q2 FY25

Mumbai, October 08, 2024. The Tata Motors Group global wholesales in Q2 FY25, including Jaguar Land Rover**were at 3,04,189 nos., lower by 11%, as compared to Q2 FY24. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q2 FY25 were at 86,133 nos., lower by 19%, over Q2 FY24.  Global wholesales of Tata Motorspassenger vehicles* in Q2 FY25 were at 1,30,753nos., lower by 6% as compared to Q2 FY24.  Global wholesales for Jaguar Land Rover** were 87,303 vehicles, lower by 10% as compared to Q2 FY24.Jaguar wholesales for the quarter were 5,961 vehicles, while Land Rover wholesales for the quarter were 81,342 vehicles.
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