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Jawa Announces Price Hike Across Range in India From January 1, 2021
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Mahindra’s subsidiary, Classic Legends Private Limited s Jawa, Jawa Forty Two and the Perak motorcycles have increased a price hike from January 1. Hero MotoCorp too has announced a price hike by around Rs 1,500 from next year, while other brands like Kia, Maruti, Hyundai and Mahindra have also made similar announcements.
According to a report by Rushlane, while Original Equipment Manufacturer (OEM)s usually introduce a hike between 1-3 percent annually, this year automakers are expected to increase the hike as they will attempt to pass on higher input costs to the consumer.
Greenland Technologies Ramps to Over 800 Units in Monthly Sales of New Integrated Drive Train System for Electric Forklift Trucks
Represents Company s Fastest New Product Ramp
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HOWELL, N.J., Dec. 21, 2020 /PRNewswire/ Greenland Technologies Holding Corporation (NASDAQ: GTEC) ( Greenland ), a technology developer and manufacturer of forklift transmission and drivetrain systems, announced today strong initial sales of the Company s new integrated drive train system for electric forklift trucks. The new EV product, which uses lithium batteries, has already ramped to over 800 units in monthly sales both manufactured and delivered since last month s launch.
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