HCI president Yoichiro Ueno, when asked about Honda’s target to grow sales in double digits in the current year, said, The demand for WR-V has been more than our expectation.
The all new Verna, which was introduced in the country in August this year, will be sold as Next Gen Accent in the Middle East markets, including Saudi Arabia and Oman.
According to several people in the know, Maruti Suzuki is likely to bring in a new crossover utility vehicle, a derivative of its Ertiga platform internally codenamed YHB derivative
Customers can book the Graduate at all HMSI dealerships on payment of Rs 2000. The Grazia will add on to HMSI's existing portfolio of six scooters.
The company sold a record 7-lakh units in September, the highest ever in monthly sales by any company and also sold over two million units in the second quarter, the official added.
Maruti Suzuki held on to its dominant position with a share of 56.6 per cent in the passenger car space with new launches such as Baleno, and Ciaz.
The Escorts Group is targeting an increase in revenue from the railway equipment division to Rs 1,000 crore by 2022 from Rs 300 crore it estimates to earn in the current financial year.
The banks managing the QIP for the company were JM Financial, Kotak and UBS.
EESL is now working out the viability of procuring and leasing intra-city buses to state transport undertakings (STUs) to popularise use of battery-powered vehicles on a mass scale.
"Let us give Skoda lead in developing these products in a clear alliance with VW,’ to make sure core brand values are met with development" said VW's India sales Director Steffen Knapp.
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