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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 …

Latest Auto News, Upcoming Vehicles & Bikes News, Right Now’s Latest Auto News

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On February 26, 2024, the company entered into an amendment to its revolving credit score facility to enable certain addbacks to monetary covenants for particular write-downs of stock and vendor receivables. As of December 30, 2023, contemplating the amendment, the company was in compliance with the credit facility’s monetary covenants. Maruti Suzuki, a leading automaker in India, is expected to announce a worth hike soon as a result of ongoing Red Sea disaster. Bajaj Auto has given a sneak peek of its upcoming Pulsar motorbike, imagined to be the revamped 2024 NS200. Mahindra and Volkswagen Group have joined forces in a supply agreement, taking their partnership within the Indian market to new heights. BMW is gearing up to launch the new-generation electrical X3, dubbed the iX3.

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