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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)

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Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. To support a smooth development of this relationship, Volkswagen will purchase 19.9% of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Osamu Suzuki.

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units). The difference between the No. 2 OEMs is a yawning 100,393 units in April 2024.

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. 4, sold 280,204 scooters, motorcycles and mopeds, increasing its YoY sales by 34% (April 2023: 208,818 units). The difference between the No. 2 OEMs is a yawning 100,393 units in April 2024.

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ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

The jury panel for the 58th ACMA Excellence Awards, besides Vinod Aggarwal, included, Sunil Kakkar, SIAM Aatmnirbhar Bharat Sourcing Group; and Senior Executive Officer – Supply Chain & Enterprise Strategy at Maruti Suzuki India, Sanjeev Jain, Director Purchase at Honda Motorcycle & Scooter India; Ganesh Mani S.,

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2020 Electric Vehicle Industry Report Card and trends for the new year

Plug In India

The electric motorcycle scene has disappointed. For example, there is no news from Tork motorcycles. These policies are well rounded and offer financial Incentives for purchasing an EV. We know people who are yet to receive their electric motorcycle having booked it in early 2020. They too have let 2020 pass by.

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OLA S1 Electric Scooter Ownership Blog

Plug In India

Nor am I, a corporate slave earning huge money, climbing the corporate ladder. The traditional scooter players like TVS, Hero, Honda, Suzuki, Vespa have yet to launch electric scooters. Also car manufacturers are not launching affordable electric cars. That pisses me off. I won't throw 15-20 lakhs on a car.

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