Automotive News

The board of Bajaj Auto approved the buyback of forty lakh shares (1.four per cent) at a worth of Rs 10,000. Proton mentioned the new power division is concentrated on introducing renewable vitality to aid the company’s surroundings, social and governance score whereas retailing energy-efficient solutions. “For Proton patrons and fans, the most seen areas of business are the life-style and R3 Motorsports divisions,” the statement said. To join by cellphone, please pre-register on-line for dial-in and passcode info.

  • In response to this, the Chairman of the Association of Indonesian Motor Vehicle Industries Jongkie Sugiarto stated, it’s indeed applicable that incentives are also aimed toward hybrid automobiles.
  • As part of this strategic move, the MotorTrend+ streaming service will bid farewell in March.
  • Started in 2008, RushLane is India’s leading auto news website.
  • While the more classically-styled Aurora Tur offers ostentatious luxury with a permanent four-wheel-drive, , enhancing speed and stability for highway driving.
  • The LST incentives allowed the market to absorb the trade’s overcapacity and increase nationwide car sales.

Customer Experience is created every time a customer engages together with your dealership from automobile shopping research to ongoing service and restore work. Technology is at all times evolving, and one of many industries that consistently pushes the boundaries of innovation is the automotive business. The automotive market carried out astonishingly properly in 2023, exiting the 12 months principally unphased by inflation challenges, rising rates of interest, labor strikes, and the electric… Fixed-ops income and repair demand ticked up in January, offsetting the impression of declining automotive costs seen throughout the month. Get the newest automotive business news and trends delivered straight to your inbox.