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Tata Punch becomes the fastest to cross 4 Lakh sales milestone among SUVs

Mumbai, August 02, 2024.Tata Motors, India’s leading SUV manufacturer, is thrilled to announce that the Tata Punch has achieved a remarkable milestone, becoming the fastest to cross 4 Lakh sales milestone among SUVs, in just 34 months. Launched in October 2021, the Tata Punch introduced India to the sub compact SUV category. With its tall stance, high ground clearance and commanding driving position, the Punch is a stunning bold SUV that provides an exhilarating driving experience while smoothly navigating the diverse Indian terrains. Demonstrating the same, the Tata Punch emerged as one of the first front-wheel drive SUV to conquer the unpredictable peak of Sandakphu. Manoeuvring its way through the steep gradients, it proved its SUV capability to the world and truly punched above its...
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Tata Motors registered total sales of 71,996 units in July 2024

Mumbai, August 01, 2024.Tata Motors Limited sales in the domestic & international market for July 2024 stood at 71,996 vehicles, compared to 80,633 units during July 2023.Domestic Sales Performance:CategoryJuly 2024July 2023% change (Y-o-Y)Total Domestic Sales70,16178,844-11%Commercial Vehicles:CategoryJuly 2024July 2023Growth (Y-o-Y)HCV Trucks6,4938,502-24%ILMCV Trucks4,3414,899-11%Passenger Carriers4,4244,2923%SCV cargo and pickup10,17813,523-25%CV Domestic25,43631,216-19%CV IB1,6061,728-7%Total CV27,04232,944-18%Domestic sale of MH&ICV in July 2024, including trucks and buses, stood at 11,174 units, compared to 13,291 units in July 2023.Total sales for MH&ICV Domestic & International Business in July 2024, including trucks and buses, stood...
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Toyota Kirloskar Motor Continues to Steer Growth with Best Ever Sales of 31,656 Units in July 2024

Bangalore, 01 August 2024. For the second consecutive month, Toyota Kirloskar Motor has outperformed its sales achievement by registering best-ever monthly wholesale of 31,656 units in July 2024. While domestic sales accounted for 29,533 units, exports totalled to 2,123units during the month. This marks a remarkable growth of 44% compared to July 2023, when 21,911 units were sold.In the previous month of June 2024, TKM sold 27,474 units.In the first seven months of CY 2024, TKM sold 1,81,906 units, marking a remarkable 46% increase compared to the same period in CY 2023, which recorded sales of 1,24,282 units.Sales Performance:TimeframeJuly - 2024July - 2023GrowthY-o-Y31,656 units21,911 units44% TimeframeJan - July 2024Jan - July 2023GrowthFirst 7 months o...
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HERO MOTOCORP EXPANDS ITS GLOBAL PRESENCE

New Delhi/ Manila, August 01, 2024Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has commenced operations in the Philippines. This strategic expansion marks a significant milestone in the company’s effortsto strengthen its global presence.Terrafirma Motors Corporation (TMC), a part of the Columbian Group of Companies, one of the leading and most experienced automotive groups in the Philippines, will serve asthe exclusive assembler and distributor of Hero MotoCorp products& services. The partnership between the two companies was announced in October 2022.Niranjan Gupta, Chief Executive Officer, Hero MotoCorp said, “The commencement of operations in the Philippines will bolster our overall global presence. Hero MotoCorp, with its extensive and in...
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Tata Motors Consolidated Q1 FY25 Results

Mumbai,August 01, 2024Tata Motors Ltd.(TML) announced its results for quarter ending June 30, 2024.Q1FY25 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. PYRevenue108,0485.7%7,2735.4%17,8495.1%11,847(7.7)%EBITDA (%)14.4-15.8(50) bps11.6220 bps5.850 bpsEBIT (%)8.430 bps8.930 bps8.9240 bps0.3(70) bpsPBT (bei)8,828₹3,287crs693£258m1,535₹598crs173₹(13) crsTata Motors Consolidated:TML delivered astrong performance in Q1 FY25 with revenues at ₹108.0K Cr (up 5.7%), EBIT of ₹9.1KCr(+ ₹0.9KCr), EBIT margin of 8.4% (+30bps).JLR revenues grew by 5.4% to £7.3bwithEBIT margins of 8.9% (+30bps) driven by favourable volume, mix and material cost improvements. C...
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Demerger of CV business undertaking of Tata Motors Ltd into a separate listed company

Mumbai, August 1, 2024In furtherance to the announcement made on March 4, 2024, the Board of Directors of Tata Motors Limited (TML), today, has approved a Composite Scheme of Arrangement amongst TML, TML Commercial Vehicles Limited (TMLCV), Tata Motors Passenger Vehicles Limited (TMPV) and their respective shareholders under Sections 230-232 and other applicable provisions of the Companies Act, 2013 (“Scheme”).As a part of the Scheme, TML will demerge its Commercial Vehicle undertaking involving the Commercial Vehicle business (all the assets, liabilities and employees relating to the Commercial vehicle business) and all its related investments into TMLCV.Further, pursuant to the Scheme, the existing Passenger Vehicle business in TMPV, will be merged into TML, the existing listed e...
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Toyota Kirloskar Motor Signs MOU with Maharashtra for Proposed New Investment

Mumbai, July 2024.Reaffirming a strong commitment to India, Toyota Kirloskar Motor today signed a Memorandum of Understanding (MOU) with the Government of Maharashtra, to examine the setting-up of a Green Field Manufacturing Facility at Chhatrapati Sambhaji Nagar.  Headquartered in Karnataka, TKM already boasts a world-class manufacturing setup with two state-of-the-art units located at Bidadi, well-equipped to contribute and strengthen India’s position in the global automobile landscape.The Memorandum of Understanding with the Government of Maharashtra was exchanged today by Dr.Harshadeep Kamble (IAS), Principal Secretary (Industries), Government of MH and Mr. Sudeep Santram Dalvi, Director & Chief Communications Officer, TKM in the august presence of Mr. Eknath Shinde Ji...
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Honda 0 Series Concept Model, Saloon, Wins “Red Dot: Best of the Best 2024” Award in Red Dot Award

Mumbai, July 31, 2024.Honda today announced that the Saloon, the flagship concept model for the Honda 0 Series, the new Honda EV series, has been awarded the ‘Red Dot: Best of the Best 2024’ award, in the Design Concept competition of the Red Dot Design Award*1, one of the most respected design awards in the world. The Space-Hub, another concept model of the Honda 0 Series, was named a Red Dot winner in the same competition.■Honda 0 Series – SaloonSRepresenting the major transformation of Honda under its redefined Global Brand Slogan, The Power of Dreams, and its approach to electrification, the Honda 0 Series made its world debut in the U.S. at CES 2024 in January of this year. The Saloon is positioned as the flagship concept model among Honda 0 Series models, embodying a ...
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BMW Launches Premium CE 04 Electric Scooter in India with 130 km Range

New Delhi, July 26, 2024 – BMW Motorrad has launched its flagship electric scooter, the CE 04, in India, entering the premium electric two-wheeler segment. Priced at ₹14.90 lakh (ex-showroom), the CE 04 is now the most expensive electric scooter in the country. It features an 8.5 kWh battery pack, offering a remarkable range of up to 130 kilometers on a full charge. The purchase includes a 2.3 kW home charger that charges the scooter from 0 to 80% in 3 hours and 30 minutes, with an optional BMW Wallbox charger available for faster charging.
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BMW 5 Series Long Wheelbase launched in India at Rs 72.90 lakh

New Delhi, July 26, 2024 – BMW India has launched the 2024 BMW 5 Series Long Wheelbase at a starting price of Rs 72.90 lakh (ex-showroom). Deliveries for the eighth-generation model will begin in September. Locally produced at BMW Group Plant Chennai, this model is exclusively available as a petrol variant. The BMW 5 Series is a crucial model for the German luxury carmaker, maintaining its position as the market leader in the executive sedan segment globally for years. Since its first generation in 1972, around 10 million units have been sold worldwide
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New Mini Cooper S, Mini Countryman electric launched in India

New Delhi, July 26, 2024.The new Mini Cooper S (fifth-gen) and the all-electric Mini Countryman (third-gen) have been launched in India with the former priced at Rs 44.90 lakh (ex-showroom) and the latter available for Rs 54.90 lakh (ex-showroom). Both models have entered the country as completely built-up units (CBUs).The Mini Cooper S is available in ten colour options, including Melting Silver, Midnight Black, Nanuq White, British Racing Green, Chili Red II, Indigo Sunset Blue, Blazing Blue, Icy Sunshine Blue, Ocean Wave Green and Sunny Side Yellow. For Classic pack, it is additionally available in Glazed White or Jet Black. 17-inch wheels with option of U-Spoke Spectre Grey, parallel spoke two-tone alloys is available as standard. Favoured Pack has 17-inch U-Spoke Vibrant Silve...
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Automotive Experts Converge To Discuss The Roadmap Of Mobility Technologies at 2nd edition of EV &AutoTech Innovation Forum

New Delhi, 25th July 2024.Emerging technologies such as ADAS, AI, cybersecurity for software-defined vehicles, electric vehicles, in-vehicle connectivity, and connected vehicles are at the forefront of the automotive industry, according to industry experts who gathered at the EV &AutoTech Innovation Forum, organized by Konnect Worldwide Business Media. The softwarisation of the automobile or the Software Defined Vehicle (SDV), garnered the attention of the thought leaders of the automotive industry in India during the one-day event. The forum saw participation from prominent industry leaders and stakeholders who discussed the future roadmap of the Automotive industry in India. On the sidelines of the forum, the industry leaders led engaging conversations around emerging i...
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Toyota Kirloskar Motor Honoured with Prestigious EEPC Export Excellence Awards

Bangalore, 25 July 2024.Toyota Kirloskar Motor (TKM) has been recognized for its outstanding export performance with two prestigious awards at the EEPC India(Engineering Export Promotion Council of India)Southern Region Export Award ceremony held recently. TKM was presented with the ‘Engines and Turbines & Parts Thereof’   - Large Enterprise’ award for 2019-20 and the ‘Gold Trophy’ for Top Exporters under the Merchant Exporter category for achieving Export Excellence in Engineering products in 2020-21. These awards reflect the company’s dedication to advancing India’s engineering exports.The engineering sector is an integral part of the broader manufacturing sector, and the share of engineering products in overall manufacturing output is quite significant.The awards w...
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Electric Mobility Promotion Scheme (EMPS), 2024

New Delhi, July 24, 2024.Ministry of Heavy Industries, vide gazette notification 1334 (E) dated 13th March, 2024, has launched the Electric Mobility Promotion Scheme (EMPS) – 2024 to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing eco-system in the country.  The Scheme duration is 4 months i.e. April 01, 2024 till July 31, 2024 with an outlay of Rs. 500 crore.EMPS 2024 is fund limited, with restricted number of vehicles and a term-limited Scheme, i.e., the subsidies for demand incentive are eligible for e-2w and e-3w sold and registered until the funds are available or the number of vehicles supported reaches the maximum number defined category-wise (shown in para above) or until July 31, 2024, whichever comes first. The EVs elig...
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Mahindra & Mahindra to unveil ‘Thar Roxx’ SUV on August 15 2024

New Delhi, July 22, 2024.Mahindra & Mahindra Ltd will launch its much-awaited five-door Thar vehicle, called ‘Thar ROXX’, on August 15.“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.Veejay Nakra, President, Automotive Sector, M&M Ltd., said, “the ‘Thar ROXX’ with its distinctive design, premium quotient, advanced technology, enhanced performance, sophistication, and safety is ‘the’ SUV. While retaining the core attributes of the iconic Thar, the ‘Thar ROXX’ represents the larger-than-life personality of a rockstar and will disrupt the SUV category.” Thar ROXX is expected to have more features than the existing ...
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Tata Motors redefines the mid-SUV category with India’s first SUV Coupé Reveals the Tata Curvv

Mumbai, July 19, 2024.Defining a new era in SUV design, Tata Motors, India’s leading automotive manufacturer, today unveiled the Tata Curvv ICE and EV. Born of powerful philosophy, form and function, the Curvv is India’s first SUV Coupé. Exhibiting the new-age SUV typology, the Curvv artfully blends the toughness and practicality of an SUV with the elegance and sporty silhouette of a coupé. Launching on 7th August, the all-new Curvv will follow Tata Motors’ strong multi-powertrain strategy and will be first available in its EV version which will soon be followed by its ICE counterpart.Commenting on the unveil, Mr. Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd., and Tata Passenger Electric Mobility Ltd., said, “Tata Motors has pioneered the Indian SUV arena...
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Norton Motorcycles to ride in 6 models over 3 years

New Delhi, July 17, 2024.British bike maker Norton Motorcycles, part of the TVS Motor Company, on Wednesday said it plans to launch six new products over the next three years with an eye on increasing sales through sales partners in the US, Germany, France, Italy and India.TVS Motor has committed 200 million pounds in new product development, facilities, research and development and quality engineering of Norton Motorcycles.The company has also roped in ex-CEO of Manchester United Football Club Richard Arnold, as an Executive Director to strengthen its leadership team.
Godawari Electric Motors Electrifies Jodhpur with Its First Exclusive Showroom in the city
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Godawari Electric Motors Electrifies Jodhpur with Its First Exclusive Showroom in the city

Jodhpur, July  2024.Godawari Electric Motors, a pioneer in the electric vehicle industry, is set to make its debut in Jodhpur with the inauguration of its first-ever showroom in the Blue City. This strategic expansion marks a significant milestone for the company as it brings sustainable mobility solutions to the heart of Rajasthan, furthering its mission to revolutionize transportation across India.The new showroom, operated under the banner of GREEN EVV, is strategically located opposite the main gate of Barkatullah Khan Stadium on Pal Road, Jodhpur. This prime location ensures high visibility and easy access for customers from all corners of the city. Spanning an impressive 800 square feet, the facility is meticulously designed to provide customers with a comprehensive and ...
Audi India launches Audi Q5 Bold Edition
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Audi India launches Audi Q5 Bold Edition

Mumbai, July 15, 2024.Audi, the German luxury car manufacturer, today announced the launch of the Audi Q5 Bold Edition for the upcoming festive season. The Audi Q5 Bold edition represents a unique blend of unmatched luxury, impressive performance and bold styling. Priced at INR 72,30,000, the Audi Q5 Bold Edition has limited units on offer and is available in a choice of five striking exterior colors–Glacier White, Navarra Blue, Mythos Black, District Green and Manhattan Gray.Mr. Balbir Singh Dhillon, Head of Audi India said,“Customers today want exclusivity and with this special, Bold Edition, they get a perfect blend of customization and features.The Audi Q5 has always been amongst our best-seller models and we are confident that this new Bold Edition will only attract more buyer...
Tata Motors ‘Automotive Skill Labs’ initiative nurtures over 4000 students annually with future-ready automotive skills
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Tata Motors ‘Automotive Skill Labs’ initiative nurtures over 4000 students annually with future-ready automotive skills

Mumbai, July 15, 2024.Reaffirming its commitment to nurturing talent and creating a skilled workforce for the automotive industry, Tata Motors’ in collaboration with Navodaya Vidyalaya Samiti (NVS) has established dedicated ‘Automotive Skill Labs’ at Jawahar Navodaya Vidyalayas(JNVs).To date, 25 labs, fully equipped with essential tools, have been set up across select JNVs in Maharashtra, Karnataka, Gujarat, Jharkhand, West Bengal, Uttar Pradesh, and Uttarakhand.This unique industry-academic joint initiative equips approximately 4000 students annually with practical automotive skills, with 30% of students enrolled being girls.Aligned with the vocational courses envisioned in the ‘National Education Policy 2020’, Tata Motors’ ‘Automotive Skill Labs’ focuses on providing secondary an...
Automobile retail sales up 9 pc in April-June: FADA
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Automobile retail sales up 9 pc in April-June: FADA

New Delhi, July 15, 2024.Automobile retail sales increased 9 per cent year-on-year in June quarter FY25 with all segments, barring tractors, reporting growth, dealers' body FADA said on Monday.Overall retail sales rose to 61,91,225 units in the April-June period from 56,59,060 units in the same quarter of FY24.Passenger vehicle retails increased 2.53 per cent to 9,20,047 units as against 8,97,361 units a year ago.
TVS Apache RTR 160 Racing Edition launched in India at Rs 1,28,720
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TVS Apache RTR 160 Racing Edition launched in India at Rs 1,28,720

New Delhi, July 2024.TVS Motor Company has launched the 2024 TVS Apache RTR 160 Racing Edition, priced at Rs 1,28,720 (ex-showroom). The 2024 TVS Apache RTR 160 Racing Edition comes in an exclusive Matte Black colour scheme with carbon fibre race-inspired graphics, Racing Edition logo and red alloy wheels.The motorcycle is powered by a 159.7cc, 4-stroke, air-cooled, FI engine, which develops 16.04PS of max power and 13.85Nm of peak torque. The engine is mated to a 5-speed gearbox.Based on a double cradle synchronised stiff chassis, the 2024 TVS Apache RTR 160 Racing Edition has telescopic forks at the front and 5-step adjustable shocks at the rear. There are 17-inch alloys with tubeless tyres. The braking duties are performed by a 270mm front disc and 200mm disc/130mm ...
BMW recalling more than 390,000 vehicles due to airbag inflator issue
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BMW recalling more than 390,000 vehicles due to airbag inflator issue

New Delhi, July 2024.BMW of North America is recalling more than 390,000 vehicles in the US because they are equipped with airbag inflators that can explode, leading to a potentially serious injury or death.The original steering wheel may have been replaced with a sport or M-sport steering wheel equipped with a Takata inflator, the agency said.If the inflator explodes, it may result in sharp metal fragments striking the driver or other occupants of a vehicle, resulting in serious injury or death, the NHTSA said.
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