Auto Roundup: Dive into this week’s whirlwind of automotive developments. Highlights embrace the launch of the world’s first CNG bike, the Bajaj Freedom 125, gross sales reviews of automotive corporations like Kia, Mahindra, Ola Electrical, Bajaj, and far more. Keep up to date with all the important thing automotive information of the week.
Electrical 2-wheelers surge in progress, Ola Electrical’s market share declines: Report
The Indian two-wheeler sector has seen an increase in electrical automobile (EV) penetration over the previous two months, following a major discount in incentives in April. In response to a report launched on Thursday, Ola Electrical has misplaced market share throughout this era, whereas TVS Motor Co Ltd (TVSL) has gained.
Bajaj launches world’s first CNG bike, Freedom 125, in India
Bajaj Auto, a number one producer within the two-wheeler business, has launched the world’s first CNG bike, the Freedom 125, in India. This modern bike goals to chop operating prices by half.
Hero MotoCorp introduces restricted version Centennial bike in India
Hero MotoCorp has launched a restricted version of its standard Karizma bike in India. Named ‘The Centennial,’ this particular version commemorates the legacy of the corporate’s founder chairman, Dr. Brijmohan Lal Munjal. Whereas based mostly on the Karizma platform, the Centennial options quite a few beauty upgrades however retains the unique powertrain.
Learn Extra: Hero MotoCorp introduces restricted version Centennial bike in India
TVS Motor sees 8% enhance in home 2-wheeler gross sales, Bajaj auto grows by 7%
Auto majors in India, together with Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hero MotoCorp, Bajaj Auto, TVS Motor Firm, Eicher Motors, and Ashok Leyland, are set to launch their gross sales reviews for June 2024 beginning July 1. Each buyers and analysts will intently monitor these reviews to evaluate the general well being of the nation’s car sector throughout varied segments, together with passenger autos, business autos, bikes, scooters, and electrical autos.
Mahindra provides new options to Scorpio-N Z8 vary
Mahindra has introduced the addition of a number of new options to its Scorpio-N Z8 vary, enhancing the enchantment of this standard SUV line. The vary consists of three variants: Z8 S, Z8, and Z8 L, every providing distinctive upgrades to cater to numerous buyer preferences. The beginning value for the Scorpio-N Z8 vary is ready at Rs 17.09 lakh (ex-showroom).
Learn Extra: Mahindra introduces new options in Scorpio-N Z8 vary, particulars inside
Volkswagen opens first licensed pre-owned retailer in Coimbatore
German automaker Volkswagen has launched its first model retailer beneath the Licensed Pre-Owned enterprise section in Coimbatore, Tamil Nadu. The corporate has rebranded its used automotive enterprise from ‘Das WeltAuto’ to ‘Volkswagen Licensed Pre-Owned’ vehicles, consistent with the model’s international transition.
Learn Extra: Volkswagen launches first licensed pre-owned retailer in Coimbatore
Land Rover introduces Defender Octa in India
Land Rover, owned by Tata Motors, has unveiled the Defender Octa, the newest and strongest addition to the Defender household, in India. This high-performance SUV is ready to make its debut on the 2024 Goodwood Pageant of Velocity from August 11-14. Bookings and deliveries for the Defender Octa will begin quickly.
Learn Extra: Land Rover introduces Defender Octa in India; value, options, mileage, all particulars
