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

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

For the selected cities such as Delhi, Hyderabad and Bangalore for the models such as Mahindra eVerito D2 (BEV), Tata Nexon (BEV), Maruti Suzuki Dzire LXI (gasoline), Hyundai Aura S (diesel), Maruti Suzuki Tour S (CNG). of the financed amount for the first 6 months of their launch. Based on policies in place in 2020 Vs 2019.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Back in 2001, Maruti Suzuki was one of the first players in this segment with its True Value channel, enabling trust and breaking stereotypes attached to the purchase of ‘second-hand’ vehicles. Apart from tweaking their business models, these tech-driven startups moved towards auto financing, insurance and classifieds.

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Electric vehicles sales & charging stations need in India

Electric Vehicles India

The government’s encouragement to the move by investing $14 billion on direct purchase incentives and 25% tax deductions is continued help to the consumers and the manufacturers. Ensure finance availability, particularly for commercial EVs. Use incentives as a tool for directing or promoting industry. presented.”.

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