Friday, December 1, 2023

Hybrid cars surpass electric vehicles in India's auto market

New car buyers are taking a penchant for the handful of hybrid vehicles currently on sale in the Indian market such as Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Honda City and Toyota Innova Hycross.

from Auto-Industry-Economic Times https://ift.tt/VNP6TI3

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Samvardhana Motherson raises $350 million via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherlands, and are priced at 140 basis points above the five-year US treasur...