Automobile

News and Trends

Maruti Expects Fivefold Growth In India's Automobile Market

Maruti Suzuki India plans 50 per cent market share by 2030, from around 40 per cent for the fiscal year through March, according to Bloomberg

News and Trends

TVS Motor Company to Invest in Norton: British Classic Set for New Markets

Chennai-based motorcycle manufacturer TVS Motor Company is investing USD 260 Million (£200 million) in the iconic British motorcycle brand Norton Motorcycles.

News and Trends

Race for India's No. 2 Car Company Tightens as Tata and Mahindra Put Pressure on Hyundai

With a potential $3.5 billion Indian IPO on track for Hyundai, rival automobile companies, Tata Motors and Mahindra, eye the number two spot in the Indian market

News and Trends

Two-Wheeler Volumes Expected to Grow 5% Year-over-Year: Report

Automobile wholesale volumes are expected to be mixed in June, with two-wheeler volumes expected to grow 5 per cent year-over-year (YoY), while passenger vehicle volumes are expected to rise 3 per cent YoY. Commercial vehicles are expected to see flat sales growth, while tractor sales are expected to dip.

Franchise

Drive for Success With the Top 15 Automotive Franchises in 2024

If you dream of running your own auto repair shop, car wash or specialty vehicle service center, buckle up and get ready to explore the top 15 automotive franchises, according to the 2024 Franchise 500 Ranking.

Accounting

Busywork Sucks — How Automation Can Eliminate Boring Tasks for Entrepreneurs

The exhaustion of endless hours grappling with tedious tasks poses a real issue for entrepreneurs. It's time to leverage automation and streamline financial operations for business owners.

Growth Strategies

DriveArabia Founder Mashfique Chowdhury On How An Unwavering Commitment to Integrity and Honesty Has Led To His Enterprise's 20th Anniversary

"Earning a reputation in the automotive industry has certainly been the hardest part of this journey, but it eventually came once DriveArabia's audience numbers grew organically."

Business News

This College Student Started a Side Hustle So He Didn't Have to Bartend Until 4 am. Now He's Earning $7,000 a Month — and Putting It to Good Use.

Jack TerHaar, a University of Georgia senior, is polishing profits with Detail Dawgs, a mobile detailing service in Athens.

News and Trends

India Buying Less of Entry Level Maruti Suzuki Cars

In September, production of Mini and Compact cars stood at 101,554 as against 128,604 in September 2022. Similarly, in August 2023, a total of 98,056 units in Mini and Compact Sub-segment categories were produced compared with 105,973 units in August 2022

News and Trends

Landmark Cars: Betting Big On Festive Season

The company is eyeing a 30 to 40 per cent increase in sales during the upcoming festive season, says, Sanjay Thakker, promoter and executive Chairman, Landmark Cars Limited

Leadership

Lessons On Leadership: Dr. Hamid Haqparwar, Managing Director, BMW Group Middle East

"The biggest lesson I've learnt is, easily, the importance of staying calm as a leader."

News and Trends

Tata Motors Group Global Wholesales At 3,22,159 In Q1 FY24

In the first quarter ending June 30, 2023, Tata Motors reported a 5 per cent increase in its group global wholesales, including Jaguar Land Rover, at 3,22,159 units.

News and Trends

Luxury Cars: How Used-car Market & Dealership Stores Are Fostering Growth In Tier II, Tier III Cities

Companies such as BMW, Mercedes-Benz, Audi, Lexus see potential in emerging markets of Tier II and Tier III cities which are growing rapidly

News and Trends

Automation Platform SheerDrive Raises Undisclosed Amount In Pre-Series A Funding

The fund raised will help the company to expand into new geographies and enhance the tech stack for new car dealerships, unlocking significant value in used car transactions

News and Trends

India has the Potential To Become a Factory For the World: McLaren

In India McLaren has witnessed double-digit sales in FY23 with a market share of 25 per cent