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Hyundai India IPO gets 2.4x subscription as institutional investors drive in

autherKiran Murali     calendar17 Oct 2024

The retail portion of the IPO remains undersubscribed at 50%, while the portion reserved for Qualified Institutional Buyers (QIBs) was oversubscribed almost seven times.

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Maruti Suzuki's Manesar plant reaches 10 million units production milestone News
Maruti Suzuki's Manesar plant reaches 10 million units production milestone

autherAutocar Professional Bureau calendar17 Oct 2024

Compact SUV Brezza became the one crore milestone vehicle to roll out from the facility.

BMW Group achieves 10 million OTA software updates milestone News International
BMW Group achieves 10 million OTA software updates milestone

autherAutocar Professional Bureau calendar17 Oct 2024

BMW sent out its first over-the-air upgrade five years ago. This functionality has since been extended to all brands, ...

Revealed: India’s top 20 SUVs and MPVs in first-half FY2025 Analysis Sales
Revealed: India’s top 20 SUVs and MPVs in first-half FY2025

By Ajit Dalvi calendar17 Oct 2024

Utility vehicles with 1.34 million units sold and 13% growth in April-September 2024 continue to buffer the passenger ...

Hyundai Motor India's FY24 margins among the highest in India Analysis
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Hyundai Motor India's FY24 margins among the highest in India

By Ashutosh Shyam calendar15 Oct 2024

A look at Hyundai Motor India's FY24 numbers reveals that the company has profit margins that are ahead of most of its...

LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses  News
LeafyBus and AMU to boost electric mobility with 10 new inter-city e-buses 

autherAutocar Professional Bureau calendar15 Oct 2024

The collaboration is aimed at reducing the carbon footprint associated with long-distance travel and providing a cost-...

 Vajram Electric Secures 40% Stake in Varcas Automobiles to expand EV production capabilities News
Vajram Electric Secures 40% Stake in Varcas Automobiles to expand EV production capabilities

autherAutocar Professional Bureau calendar14 Oct 2024

The partnership targets to improve innovation and production capacity in India's growing electric two-wheeler market

‘FY25 a consolidation year, expect a sub-5% growth in PV segment’: Shailesh Chandra News
‘FY25 a consolidation year, expect a sub-5% growth in PV segment’: Shailesh Chandra

By Mayank Dhingra calendar14 Oct 2024

The newly-elected president of SIAM believes that after a flat industry performance in H1, the burden lies on H2 to pu...

Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market Analysis Sales
Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market

By Ajit Dalvi calendar14 Oct 2024

With customer demand for SUVs and MPVs showing no signs of slowing down and vehicle manufacturers dispatching popular ...

Volkswagen Group sells 506,500 BEVs globally in January-September 2024 News International
Volkswagen Group sells 506,500 BEVs globally in January-September 2024

autherAutocar Professional Bureau calendar13 Oct 2024

Though BEV sales were down 4.7% YoY, their share of 8% of total VW Group vehicle sales at the end of September is at t...