Browsing: Market Updates
Honda, one of the leading automobile manufacturers, has witnessed a remarkable upswing in its sales figures within the US market during the last quarter. This surge comes amidst a challenging economic landscape, signaling positive momentum for the company.
Shashank Srivastava, Senior Executive Officer, Marketing & Sales, Maruti Suzuki India Limited, said, “The Ertiga has redefined the concept of an MPV as a stylish and technologically advanced offering.
Speaking on the occasion, Shri Suman Bery said, “This report, jointly prepared by NITI Aayog and the Embassy of Netherlands, focuses on leveraging LNG as a fuel source and customizing its use in the medium and commercial vehicle segment…”
A recent study by Ken Research forecasts a promising future for the Qatar Lubricants Market, with an expected CAGR of 4.2% from 2022 to 2027. This growth is fueled by robust industrial investments and a burgeoning passenger car fleet, marking a significant phase in the market’s evolution.
Hisashi Takeuchi, Managing Director & CEO, of Maruti Suzuki India Limited, said, “Our mission is to provide ‘Joy of Mobility’ to as many people as possible, and after-sales service is a critical pillar to create a delightful car ownership experience.
ZF Aftermarket continues its expansion in India and the country becomes a hub for TRW’s shock absorber manufacturing expertise through its manufacturing facility in the region.
“The industry has been lacking real-world data that is immensely critical to operations today,” said Mike Nowak, President at Utilimarc.
The Indian trucking industry includes a diverse range of vehicles, operators, and logistics services and is a critical driver of economic growth and development. Following years of axle load regulation and the implementation of Bharat Stage 6 emission norms, the industry faced stagnant volumes made worse by the COVID-19 pandemic. However, the industry is in the recovery and growth phase now.
The new report from IDTechEx, “Future Automotive Technologies 2024-2034: Applications, Megatrends, Forecasts”, brings together a portfolio of IDTechEx’s research into a single summary of the biggest changes and opportunities coming to the automotive industry.
Droom, India’s online automobile transactional marketplace, has released its ‘Resale Value Report 2024’ for the highly competitive compact SUV segment in India.