Wahid Raza 🎯

How do you see financials of Hyundai Motor India Ltd. in Q2FY25 - the First Financials after going public? https://lnkd.in/dcUmyQ8v Hyundai Motor India's recent IPO raised $3.3 billion, marking India's largest to date. Despite a 4% slip in shares on the first day of trading, the company remains committed to its growth strategy. Hyundai Motor India has reported a 7% decline in revenue from operations for Q2 FY25, alongside a slight dip in EBITDA margin, in its first financial disclosure since going public. This performance reflects the company's proactive cost management and strategic focus on maintaining an optimal balance between volume, market share, and margins, guiding its approach to sustainable growth The company remains optimistic about mid to long-term demand trends, despite short-term setbacks. Hyundai is preparing for a strategic focus on maintaining an optimal balance between volume, market share, and margins, guiding its approach to sustainable growth. In the first half of FY25, Hyundai Motor India sold a total of 383,994 passenger vehicles, including 299,094 units in the domestic market, with a strong contribution from the SUV segment. The export volume stood at 84,900 units. The company is also set to launch the CRETA EV for the mass market in the coming months, which is expected to be a game changer in the EV market. Overall, Hyundai Motor India's first financial results post-IPO indicate a company navigating current challenges with a strategic focus on long-term growth and market adaptation. Hyundai Motor India Ltd. Mobility Outlook Hyundai Motor Company (현대자동차)

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As Automotive Expert and Knowing reasons for Ola Electric failurs reasons and being a Stakeholder of company I strongly recomnd Automotive Professionals to be heading the management as core team to handle the crisis. Bhavish Aggarwal can lead as Founder Chairman with supporting core team. Biggest learning for electric mobility startups is to read success stories of #Bajaj Chetak Scooters to Bajaj Motorcycles times and Closed Royal Enfield to Today's Royal Enfield. Both success stories driven by Single Leader called #RLR

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Mahindra & Mahindra (#M&M) plans to invest over Rs 27,000 crore in its automotive business over the next three years. The investment will cover the launch of 23 new models, including 9 internal combustion engine-powered SUVs, 7 battery electric vehicles, and 7 light commercial vehicles. Additionally, the investment will be used for capacity expansion, aiming to increase annual capacity from 6 lakh units to over 8.64 lakh units. The company's investment in #Mahindra Electric Automobile Limited will amount to around Rs 12,000 crore. Mahindra Group|Rajesh Jejurikar https://lnkd.in/d56AVPvy Follow Humans Of EV #electricmobility #evcharging #innovation #humansofev #electric #electricvehicles #electricscooter #electriccars #electricbike #ebike #zeroemissions #emobility #charginginfrastructure #escooters #cars #electricmobility #teslamotors #car #scooter #gogreen #carsofinstagram #model #ecofriendly #goelectric #evnews #electriccharging #evcharginginfrastructure #chargingstation

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The #auto #pli scheme has seen middling success so far, with most successful applicant #oem s unable to register due to high entry barriers like networth, sales criteria. #olaelectric is the only OEM under 'non automotive investor' section to have got its products registered. In any case, not a single rupee of incentives has been disbursed till date under the #pli scheme, which has anyway been tweaked with new timelines. ETAuto The Economic Times #heavyindustries #automobiles

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Early Festival Auto Sales Disappoint Recent data on seasonal sales trends and incentive movements from JATO Dynamics India, as reported by Mint, reveals concerning trends in India's automotive sector: • Despite aggressive discounts, and price reduction, customer demand remains sluggish • Inventory levels at PV and two-wheeler dealerships continue to swell • Automakers have hiked incentives passenger vehicles • Honda leads with a 427% increase, compared to last year, while some brands like Tata have reduced offers This early upset in festival sales could signal deeper issues: 1. Shifting consumer priorities 2. Economic uncertainties affecting purchasing decisions 3. Potential misalignment between product offerings and market demands As industry professionals, we must ask: - How can OEMs and dealers adapt their strategies to stimulate demand? - What does this trend indicate about broader economic conditions? Your thoughts? Let's discuss the implications and potential solutions for our industry. #AutoIndustry #MarketTrends #EconomicIndicators [Link to full article https://lnkd.in/gkez_5FP]

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"Overall, the budget appears to be growth-oriented with a special focus on two big issues: reviving the rural market and employment generation," said Rajeev Singh, Partner and Consumer Industry Leader, Deloitte Asia Pacific. Rajeev’s assessment underscored the budget's strategic emphasis on revitalising the rural economy and boosting employment opportunities. These measures are poised to stimulate economic growth and foster sustainable development across sectors. Read in ETAuto: https://deloi.tt/3LGj7ww #DeloitteOnBudget #Budget24 #UnionBudget2024 #BudgetUnwrapped #UnionBudget

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Understanding the #financing rates for #EVs vs #Petrol/#Diesel vehicles https://lnkd.in/gN3JsW9i #business #EV #sales #finance

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Good morning 🌞 Here is your daily dose of updates & stories in the automotive industry. -There is no impact of elections on the market: Ashok Leyland MD & CEO -Tata motors Punches at Maruti's best-seller -TI Clean Mobility raises INR 580 cr from GEF for EV ventures -China's Leapmotor set to enter India with EVs Read all this and more👇 https://lnkd.in/dFYtCUw #newsletter #ETAu

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It’s good to see Suzuki launching it’s first electric car in India. Wishing Maruti Suzuki India Limited all success… “The Suzuki e Vitara has been revealed as the production version of the Maruti eVX concept in Milan, today. The ‘born-electric’ midsize SUV is the Japanese brand’s first EV for India and will enter a hotly contested segment that includes the Tata Curvv EV, MG ZS EV and the upcoming Hyundai Creta EV and Mahindra BE 05. The e Vitara will be a global model for Suzuki, produced at the brand’s Gujarat plant, with 50 percent of production earmarked for export to Japan and Europe, which explains why the global debut was in Italy and not India. However, e-Vitara will first go on sale in India in March 2025 after its Indian debut at the Bharat Mobility Show in January 2025, in New Delhi. This will be followed by a European launch around June 2025.” Read more in this Autocar Professional article by Gavin D'souza

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The outlook for the Indian #AutoComponents sector for FY25 is optimistic, with strong #MacroeconomicIndicators and conducive #GovernmentPolicies supporting the sector. Although the first quarter of FY25 witnessed slower #VehicleSales due to inclement weather conditions and elections, the projected 7% growth in the #IndianGDP is expected to sustain the auto components industry’s performance. ACMA India #SMEcommunities #SMEnewstrack #AutomotiveComponents #VehicleProduction #OriginalEquipmentManufacturer #OEM #MobilityEcosystem

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#BajajAuto outperformed significantly compared to its peers, diven primarily by healthy growth in the #domestic segment. With #rural recovery expected widely, the #festive season is expected to further boost the performance of #twowheeler players this year. For the month of August 2024, total volumes at Bajaj Auto were up 16.4% YoY at 3.97 lakh units, within which the overall domestic segment grew at a healthy rate of 23.8% YoY, whereas exports grew 5.4% YoY. It retained and extended its leadership in #Maharashtra, while pipping #TVS Motor to become the second largest player in #Gujarat. It has gained market share on YoY and month-on-month (MoM) basis in all the states, with the launch of #cheaper-priced #scooters. https://lnkd.in/gC-aZ2GC #business #sales #domestic #exports

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"Limited Lifetime Powertrain Warranty - Market Exclusivity Program - Reserves Available for All Makes CPO Warranty for Multiple Manufacturers - Offer CPO Warranty on Franchises outside your Own Coverage Matches or Exceeds OEM at Less Cost Short-Term Used Vehicle Coverage - Market Exclusivity Program - Reserves Availability for All Makes"

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🚗 Driving Digital Transformation with JSW MG Motor India Pvt Ltd. 🚗 JSW MG Motor India Pvt Ltd, a joint venture between India’s JSW Group and China’s SAIC Motor, is redefining automotive innovation under the iconic MG marque. With a state-of-the-art production facility in Halol, Gujarat, capable of manufacturing 80,000 units annually, the company has been on a journey of modernization since acquiring the plant from General Motors. In partnership with #SAPPreferredSuccess, JSW MG Motor has implemented a suite of #SAPCustomerExperience solutions—like SAP Sales Cloud, Service Cloud, and SAP Customer Data Platform—to transform every phase of its Cloud journey, from pre-sales to after-sales. These tools empower the company to deliver cutting-edge e-commerce experiences while keeping customers at the heart of its operations. 🎥 As Ms. Neha Mohabey shares: “SAP Preferred Success has been instrumental in ensuring smooth deployments and maximizing system value.” Together with #SAP, JSW MG Motor is building a future-ready platform, ensuring innovation and excellence for years to come. 👉 Watch the full story: sap.to/61100S4Jgs #DigitalTransformation #AutomotiveInnovation #SAPCustomerExperience #SuccessStory #CustomerFirst #SAPSalesCloud #SAPServiceCloud #SAPCommerceCloud

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