In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024. Satish Sharma, the President of APMEA at Apollo Tyres, has decided to pursue early retirement to focus on personal interests. Consequently, he has tendered his resignation as the Whole-time Director of the company, as well as from his[Read More…]
Society of Indian Automobile Manufacturers (SIAM) has released the auto industry sales performance data for April 2024. Production: The total production of passenger vehicles, three-wheelers, two-wheelers, and quadricycle in April 2024 was 23,58,041 units. Domestic Sales: • Passenger Vehicles sales were 3,35,629 units in April 2024. • Three-wheeler sales were 49,116 units in April 2024 • Two-wheeler sales were 17,51,393[Read More…]
Wardwizard Innovations & Mobility Limited, a manufacturer of electric vehicles under the ‘Joy e-bike’ and ‘Joy e-rik’ brands, dispatched 1,071 units of electric two-wheelers in April 2024. This reflects a growth of over 135% compared to April 2023, when the company had sold 455 units of electric two-wheelers. Additionally, the company recorded a significant retail sale of 1,212 units as[Read More…]
The SML Isuzu is one of the most sold trucks and fully-built buses brand in the country and has been synonymous with safety, comfort, reliability and low maintenance. This year 2024 SML ISUZU has completed 40 years of its presence and sold off more than 3 Lakh vehicles transforming mobility and has been an important underpinning in the country’s CV[Read More…]
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