TEXSPIN® has cemented its reputation as a leader in the bearings industry, particularly in the Wheel Bearings and Wheel End Hub Units segment. The company offers a comprehensive range of solutions, from conventional Taper Roller Bearings for wheel applications to advanced Generation 1, 2, and 3 Wheel Hub Units for cars and trucks. Innovation […]
Tag: Tractors
Auto retail sales show 10% YoY growth in June’23, with all-time highs in multiple segments
The Federation of Automobile Dealers Associations (FADA) has released the vehicle retail data for June’23, revealing positive trends in the auto retail industry. Auto retail sales in June demonstrated a 10% year-on-year (YoY) growth, showcasing positive performances across all vehicle categories, including 2W, 3W, PV, Tractor, and CV. The respective growth rates for these categories […]
Mahindra introduces OJA, new brand name for future-ready range of tractors
Mahindra Tractors, part of the Farm Equipment Sector at Mahindra & Mahindra Ltd. (M&M), introduced “OJA” as the new brand name for its new future-ready range of tractors from its most ambitious global tractor program, K2. The name “OJA” is derived from the Sanskrit word “Ojas” which symbolises Vitality, Energy & Strength. Speaking on the […]
Valvoline launches ‘All Fleet Turbo Plus’ for high HP tractors & Heavy-Duty applications
Valvoline Cummins Private Limited, the Original Engine Oil maker and a leading global lubricant manufacturer with 150 years of innovating ground-breaking lubricant technologies, has yet again continued with its heritage of introducing innovative industry first products. Realizing the versatility of Indian tractors and their wide applications, the pioneers of engine oil has launched an industry exclusive […]
FADA remains cautious on further recovery in vehicle sales
Automotive retail has still not recovered from the jitters of the pandemic. When compared with May 2019, total vehicle retail was down by -10%. Except PV and tractor which continues to show growth of 11% and 33%, all the other categories like 2W, 3W and CV fell by -14%, -19% and -11%, respectively The Federation […]
Slight recovery likely in near term: FADA
While the automobile sector is yet to shrug off the effects of the pandemic, all categories were in green and two-wheelers, three-wheelers, commercial vehicles and passenger vehicles as well as tractors were up by 38%, 96%, 25% and 26%, respectively The Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for April 2022, […]
Vehicle registrations fall by ~10% in January’21
The Federation of Automobile Dealers Associations (FADA) has released the monthly vehicle registration data for January’21. After showing a one-time YoY growth in December, January registrations once again fell by -9.66%. All categories except Tractor were in red. On a YoY basis, 2W, 3W, CV and PV fell by -8.78%, -51.31%, -25% and -4.46%. Tractor […]