Maruti Suzuki safety ratings: Maruti Suzuki applies for Bharat-NCAP safety ratings for some vehicles
Maruti Suzuki has applied for Bharat New Car Assessment Programme (Bharat-NCAP) safety ratings for some of its vehicles, a senior government official has said. Last year, Tata Motors’ SUVs Safari and Harrier became the first recipients of the safety rating…
Maruti Suzuki Swift 2024 coming in May. Here’s what we know so far
The highly-anticipated 2024 Maruti Suzuki Swift is set to make its debut in India in May, bringing with it a host of upgrades from the previous model. The refreshed version of the Swift has already been launched in other markets,…
Maruti Cars: You just missed saving Rs 25,000 on Maruti Swift as company raises car prices
Maruti Suzuki on Wednesday announced steep price hikes for Maruti Swift and some variant of Grand Vitara, amid rising commodity prices which India’s largest carmaker perhaps wants to pass on to customers. Maruti raised prices of Swift by up to…
Jaguar Land Rover: Jaguar Land Rover’s FY24 sales jumps 81%, a five-year high and “one of the best since 2009”
Jaguar Land Rover (JLR), owned by Tata Motors, reported that its FY24 retail sales saw a 81 per cent surge in retail sales in India, reaching 4,436 units. This growth, the company says, is one of its strongest performances since…
Leasing of lithium-ion batteries for 3-wheelers to be rolled out soon in Kolkata
On the streets of Kolkata and surrounding areas, e-rickshaws, popularly known as ‘toto’, are set to be powered by lithium-ion batteries with the rolling out of a battery leasing model, officials said on Sunday. Neuron Energy, a lithium-ion battery maker,…
Automobile exports from India dip 5.5% in FY24
Automobile exports from India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared…
Tata Motors global wholesales up 8% at 3,77,432 units in Q4 FY24
Tata Motors on Wednesday reported 8 per cent rise in total global wholesales at 3,77,432 units in the fourth quarter ended March 31, 2024 as compared to the same period a year ago. Global wholesales of Tata Motors passenger vehicles,…
e-scooter sales: Battle of e-scooters for customers moves to India’s hinterland
New Delhi: Distribution and finance options across the small towns and cities of India are likely to determine the outcome of a fierce battle about to break out between legacy and new-age OEMs in the electric scooter segment. The battle…
Passenger vehicle sales reach record high in FY24, two-wheeler sales grow by 13%
Sales of passenger vehicles in the local market increased by 8.4% to its highest-ever mark at 4.22 million units in the financial year concluded March 31, 2024 powered by better supplies and sustained consumer demand. Two-wheeler sales too recovered, growing…
PV wholesales: Passenger vehicle wholesales surge; up by 8.4% in FY24, SIAM data shows
Passenger vehicle wholesales in India saw an 8.4 per cent increase, reaching 42,18,746 units in the financial year 2023-24, as per SIAM data released on Friday. In FY23, the overall passenger vehicle dispatches were recorded at 38,90,114 units. Moreover, overall…
Mercedes-Benz India reports best-ever retail sales in FY24
German luxury carmaker Mercedes-Benz on Thursday reported its highest-ever retail sales in a financial year in India in 2023-24, driven by strong demand for its SUV range. The company sold 18,123 units last fiscal, a growth of 10 per cent…
Maruti Suzuki price hike: Maruti Suzuki hikes prices of Swift and Grand Vitara variants
Maruti Suzuki, the country’s largest carmaker, on Wednesday raised prices of its hatchback Swift and select variants of its sport-utility vehicle model, Grand Vitara. Prices of the Swift have been increased by up to Rs 25,000 while only the Sigma…
Uno Minda starts construction work at alloy-wheel plant in Haryana
New Delhi, Auto components maker Uno Minda on Wednesday said it has commenced construction work on a passenger vehicle alloy-wheel plant in Haryana, entailing an investment of Rs 542 crore. The facility is located at IMT Kharkhoda in Haryana, and…
Maruti Suzuki expands Manesar plant capacity by 1 lakh units per year
New Delhi, Maruti Suzuki India on Tuesday said it has expanded the production capacity of its Manesar facility by one lakh units per annum. The auto major has added a vehicle assembly line to the existing Plant-A of the three…
Toyota Kirloskar to step up play in smaller towns
Toyota Motor Corp’s Indian subsidiary is embarking on the most aggressive sales expansion plan in its more than 25-year-old presence in the country. This will see the maker of Fortuner and Innova Hycross models establish a footprint in India’s smaller…
Vehicle registrations rise by a modest 3% in March
Vehicle registrations – a proxy for retail sales – went up by a modest 3% last month to 2.13 million units due to subdued demand during the inauspicious period of holastak ahead of Holi, as per data collated by industry…
bmw: BMW sales rise 51 pc to 3,680 units in Jan-Mar quarter
New Delhi: BMW Group India on Monday reported its highest-ever first quarter car sales at 3,680 units in the three months to March 2024. The company sales rose 51 per cent in the first quarter of this fiscal as compared…
Auto sales India: Auto sales grow 3.1% in March, PVs and CVs fall 6% each ahead of Lok Sabha elections: FADA
Auto retails in March registered a growth of 3.14 per cent on a year-on-year basis even as passenger vehicles, commercial vehicles and tractors saw a decline, Federation of Automobile Dealers Associations (FADA) said on Monday. With the expiration of FAME-II…
Maruti Suzuki April offers: Discounts up to Rs 1.5 lakh available on Baleno, Fronx, Jimny, and other Nexa models
Maruti Suzuki is offering huge discounts on various models this month. With the start of new financial year (FY25), the auto major has announced substantial discounts of up to Rs 1.5 lakh on its Nexa range, including on Baleno, Fronx,…
Maruti Suzuki share price: Maruti Suzuki eyes 3 lakh exports in FY25, 8 lakh by 2030
On the back of record exports last fiscal, Maruti Suzuki India is confident of its overseas shipments crossing 3 lakh units in FY25 as part of gradual scaling up to meet the target of up to 8 lakh units by…
Driving transformation in the CV industry: highlights from the milestone 15th Apollo CV awards 2024
The triumphs of India’s commercial vehicle industry were celebrated at the prestigious 15th Apollo CV Awards 2024. Ashish Bhatia writes why the Mahindra Bolero MaXX Pik-Up HD and the Force Urbania, crowned ‘CV Of The Year’, epitomise a commitment to…
Not all big cars are created equal: Half of cars sold in India really not SUVs
New Delhi: Sports utility vehicles (SUVs) are wildly popular in India, with the segment now accounting for every second car sold. But going by the official definition of an SUV, such vehicles account for only about a 10th of the…
M&M XUV 3XO: M&M 3XO: Mahindra unveils name of its new SUV, details here
Leading Indian automaker Mahindra & Mahindra on Thursday unveiled the name of its new sports utility vehicle (SUV) offering ‘XUV 3XO’. The vehicle, pronounced ‘3-ex-Oh’, will be launched on April 29, the company said in a press release. “It seamlessly…
Hero Moto tax notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling Rs 605 cr for six AYs
Two-wheeler maker Hero MotoCorp has received tax demand notice from the Income Tax Department for Rs 308.65 crore and interest thereon for Rs 296.22 crore for six assessment years, the company said in a stock exchange filing on Thursday. The…
Bajaj Auto: Halve your fuel expense? Bajaj’s CNG bike may do just that
Bajaj Auto, the third-largest motorcycle maker by sales, said it will disrupt the entry level domestic motorcycle market with the launch of the world’s first compressed natural gas (CNG)-run motorcycle, which it claims will halve the monthly fuel expense. Bajaj…
Maruti Suzuki sales: India becomes Suzuki’s second market to cross 3 crore cumulative production mark
India has become the second country for Suzuki Motor Corporation to cross cumulative production of 3 crore units, reaching the milestone even faster than it achieved in its home nation, the Japanese carmaker said on Wednesday. The company’s subsidiary, Maruti…
Maruti Suzuki: Small cars likely to stage a comeback by 2026 amid rising entry-level incomes, says Maruti Suzuki chairman RC Bhargava
Small cars may stage a comeback by 2026 as the income of customers at the entry level rises and scooter and motorcycle owners start upgrading, Maruti Suzuki chairman RC Bhargava told ET in an interview. He dismissed the argument that…
Toyota Urban Cruiser Taisor, a crossover of the Maruti Fronx, launched at Rs 7.73 lakh
Japanese automaker Toyota today announced the launch of Urban Cruiser Taisor in India. The Taisor, which is based on the Maruti Suzuki Fronx, has been priced at Rs 7.73 lakh onwards. This is the sixth model to be shared between…
Ashok Leyland posts 7% dip in sales in March
Hinduja Group flagship company Ashok Leyland has reported a seven per cent decline in its vehicle sales made in March at 21,317 units. The city-headquartered heavy commercial vehicle maker had sold 22,885 units during the same month of last year….
audi: Audi India reports 33 pc rise in retail sales in FY24
New Delhi: Luxury carmaker Audi India on Tuesday reported 33 per cent increase in retail sales at 7,027 units for the fiscal ended March 31, 2024. The German automaker had sold 5,275 units in the country in 2022-23 financial year….
Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units
Car sales in the local market in the last financial year grew by nearly 9% to a record 4.23 million units amid improved supplies and sustained customer demand, cementing India’s position as the third largest market for passenger vehicles in…
Toyota records highest-ever monthly sales at 27,180 units in March
Toyota Kirloskar Motor on Monday reported its highest-ever monthly wholesales at 27,180 units in March. The company’s total dispatches to dealers increased 25 per cent last month to 22,910 units as compared with 21,783 units in March 2023. For the…
two-wheeler sales: India’s motorcycle and scooter sales likely crossed pre-Covid levels in FY 23-24
Motorcycle and scooter sales in India likely grew in double-digits in the financial year 2023-24, crossing pre-Covid levels, buoyed by sustained revival in demand in both urban and rural markets. Industry estimates show domestic two-wheeler sales rose about 13% to…
Audi: Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head
NEW DELHI: Luxury car sales in India could cross the milestone of 50,000 units for the first time in a year in 2024 amid growing demand for such models, according to Audi India head Balbir Singh Dhillon. The overall domestic…
Schaeffler India re-appoints Harsha Kadam as MD, CEO
German auto parts maker Schaeffler on Friday said its board has approved the re-appointment of Harsha Kadam as the Managing Director (MD) and CEO of its India arm for a period of three years, effective from October 1, 2024. Kadam,…
Force Motors to shut down its agricultural tractors business
Force Motors said on Friday it will close its agricultural tractors business and related activities from March 31. The closure of business is part of the company’s product rationalisation programme under which it will focus on its core segments such…
Kia India looks to expand sales, service network to 700 touchpoints by year-end
New Delhi: Kia India on Friday said it is planning to have around 700 sales and service touchpoints in 300 cities by the end of the year. The automaker, which sells models like Seltos and Sonet, has 522 such touchpoints…
Madras HC stays Rs 80 cr GST demand on Hyundai seconded employees pay
NEW DELHI: The Madras HC has stayed a GST demand of about Rs 80 crore on salary paid by Hyundai Motors to seconded employees. The company had challenged the December 23, 2023 tax demand notice from the GST authorities, which…
artificial intelligence: Skoda Auto, Volkswagen Group Technology Solutions India strengthen partnership
Czech automaker Skoda Auto on Thursday said it is strengthening strategic partnership with Volkswagen Group Technology Solutions India with a focus on advancing its app portfolio, artificial intelligence, data analytics, and technology services. The Volkswagen Group, through its subsidiary Volkswagen…
Indian car exports: Car shipments shifting back to pre-Covid gear; Maruti, Hyundai at the top
Made-in-India car exports are set to touch pre-Covid levels, despite global uncertainty, amid an increase in demand for models such as the Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos and Mahindra XUV700 from customers in Australia, Latin America and…
Audi inaugurates a new pre-owned car facility in Guwahati
Guwahati: Audi, the luxury car manufacturer inaugurated a new pre-owned car facility, Audi Approved: plus in Guwahati, Assam. The inauguration of Audi Approved: plus in Guwahati signifies an addition to Audi India’s retail presence, now harboring a total of 26…
Bhushan Steel: ED files additional chargesheet in Bhushan Steel case
(This story originally appeared in on Mar 27, 2024) ETAuto With the fresh supplementary chargesheet, the total number of accused in the case has touched 156. The Enforcement Directorate (ED) has filed a supplementary prosecution complaint (equivalent to a chargesheet)…
Nissan to launch 16 EVs in next three years globally, plans to make India a hub for exports
Japanese auto major Nissan Motor Co Ltd plans to launch three all-new models in India by fiscal year 2026 and make the country a hub for exports under its new global business plan to drive value and strengthen competitiveness, according…
Nissan targets 1 million car sales growth over next three years
Nissan Motor said on Monday it would launch 30 new models by the financial year ending in March 2027 and aim to raise its global sales by 1 million vehicles while cutting costs to improve profitability. Announcing an update to…
car discounts and offers: Car buyers may finally get relief from rising prices and long delays soon. Get ready for era of discounts & offers. Here’s why
After enduring delays in car deliveries due to production shortages and rapid growth during the Covid period, customers are now poised to benefit from a resurgence in the automotive market. The new financial year is expected to bring forth attractive…
Xiaomi CEO teases price of company’s first car, showrooms begin displaying vehicle
Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below 500,000 yuan ($69,424), as the Chinese electronics maker gears up for…
electric vehicles: India aims for 30 percent of all vehicle sales to be electric by 2030: Care Edge Ratings
An analysis by Care Edge Ratings shows that the demand for vehicles powered by traditional fuels is progressively shifting towards those that utilise alternative fuels. The share of petrol vehicle sales, as a percentage of total vehicle sales, has recorded…
Maruti Suzuki recalls over 16,000 cars
Maruti Suzuki India on Friday recalled over 16,000 units of its two top selling car models due to a defect in its fuel pump motor. The country’s top carmaker said it would recall 11,851 units of Baleno and 4,190 units…
Renault-Nissan Automotive India secures recognition from DQS for water conservation efforts
Automobile manufacturer Renault Nissan Automotive India Pvt Ltd on Friday said it has received Platinum category recognition for its efforts on water conservation from internationally accredited body DQS. Germany-headquartered DQS is an internationally accredited ISO certification agency specialising in audits,…
4.2 million car sales may blast their way to record
New Delhi: India’s car industry is on track for a record-breaking year, with sales expected to touch about 4.23 million vehicles, buoyed by a double-digit sales surge this month. The robust performance would cement India’s position as the world’s third-largest…
Uno Minda ties up with Starcharge Energy for EV chargers
Auto components maker Uno Minda on Friday said it has tied up with Starcharge Energy to manufacture and sell electric vehicle supply equipment in the country. The company has entered into a technical license agreement with Starcharge Energy Pte for…
‘Money and roads’ make Volkswagen think premium for India
Rapid growth in the highway network, along with an increase in the spending power of consumers, is pushing up sales of vehicles in India, German automaker Volkswagen’s executive director, international sales, Michael Mayer, told ET. The company, he said, is…
Volkswagen to bring more premium vehicles to India
Jaipur: Rapid growth in the highway network, along with an increase in the spending power of consumers, is pushing up sales of vehicles in India, German automaker Volkswagen’s executive director, international sales, Michael Mayer, told ET. The company, he said,…
JSW Group, MG Motor India announce joint venture; aim to create 'New Energy Vehicle Maruti moment'
JSW Group, MG Motor India announce joint venture; aim to create 'New Energy Vehicle Maruti moment'
TVS Motor inducts two new independent directors
Mumbai: Two- and three-wheeler maker TVS Motor Co has appointed two new independent directors, subject to approval of shareholders. The two new board members are Chennai-based Sanmar Group’s chairman Vijay Sankar, and Shailesh Haribhakti of Shailesh Haribhakti & Associates, the…
Future of vehicles is electric, India’s import duty sops a positive, say Audi top execs
India’s decision to temporarily lower import duty on electric vehicles priced upwards of $35,000 to 15% for carmakers investing at least $500 million on domestic manufacturing “might help accelerate localisation of premium electric cars” and drive demand, a top Audi…
disposable income: Rising disposable income giving a thrust to connected cars in India
Connected cars are becoming the mainstream choice for many new car buyers in India fuelled by rising disposable incomes and an influx of new models. Such cars, which have embedded chips allowing internet access, enabling drivers to transmit, store and…
PM Modi flags off India’s first automobile in-plant Railway siding project
Prime Minister Narendra Modi on Tuesday inaugurated India’s first automobile in-plant railway siding project of Maruti Suzuki India at its plant in Hansalpur, Gujarat. During his Gujarat trip, Modi also laid the foundation stone for railway projects worth ₹85,000 crore,…
Rane Group top management change: L Ganesh to retire, Harish Lakshman to take over as Chairman
New Delhi, Auto components maker, Rane Group on Monday announced a top management change with L Ganesh set to retire as Chairman from the operating entities of all group firms effective March 31, 2024. Subsequently, Harish Lakshman will take over…
Better supply and demand drive PV sales to new monthly record
Passenger vehicle sales in India reached a new high for February last month amid better supplies and strong consumer demand, making it the fourteenth straight month of best monthly sales, data from industry body Society of Indian Automobile Manufacturers (Siam)…
E-Car sales fall to 5-month low in February despite steep price cuts
Electric car sales in India fell to their lowest level in five months in February even as companies took steep price cuts, indicating it would take more than just a lower acquisition cost to nudge buyers to shift to EVs…
Tata motors new plant: Tata Motors signs MoU with Tamil Nadu govt for manufacturing plant; to invest Rs 9,000 crore over 5 years
Automobile giant Tata Motors and the Tamil Nadu Government have signed a Memorandum of Understanding (MoU) to build a vehicle manufacturing facility with an investment of Rs 9,000 crore over the next five years, the company said in an exchange…
India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans
The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a time when the Asian nation seeks to attract foreign money…
Kia EV6 GT Line Tech Review: Here’s what a premium EVs offers in India – The Economic Times Video
Kia EV6 GT Line is a fully electric crossover SUV that’s both a beauty and a beast. With a low center of gravity and 19″ alloy wheels, this car provides more stability and the feeling of a race car. It…
India approves EV policy; investment, localisation key
New Delhi: India on Friday approved the electric vehicles (EV) policy mandating a minimum investment of Rs 4,150 crore or around $500 million. and allowing investors three years to set up local manufacturing for EVs with domestic value addition (DVA)…
Citroen India: Citroen to scale up sales network in India to over 200 outlets by this year end
French automaker Citroen on Thursday said it plans to scale up the sales network in India to over 200 outlets by the end of this year, a three-fold jump from its existing touchpoints. The addition of new dealerships, across urban,…
Citroen: Citroen revamping India strategy to boost sluggish sales
French automaker Citroen is revamping its strategy to boost its sluggish car sales in India. A relatively new entrant to the Indian car market, Citroen plans to upgrade its entire portfolio, expand sales and service network by over threefold, and…
Tata Motors: Tata Motors to build ₹9,000-crore plant in Tamil Nadu
Tata Motors on Wednesday said it will build a cutting-edge vehicle manufacturing facility in Ranipet, Tamil Nadu, at an investment of ₹9,000 crore. The Tata group company signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish…
Tata Motors: Tata Motors to build Rs 9,000-cr plant in Tamil Nadu
Tata Motors has signed an MoU with the TN government to establish a cutting-edge vehicle manufacturing facility for an investment of Rs. 9000 crores that will generate around 5000 jobs, TN Industries Minister TRB Rajaa said on Wednesday in a…
The Lean Inventory Illusion: A Closer Look at India’s Auto Supply Chains
Many auto OEMs in India proudly claim that they operate with only a few hours’ worth of component inventory. Not only is component inventory minimal, but finished goods (FG) inventory also tends to be low among auto OEMs. This is…
Maruti Suzuki looking at transporting more vehicles via railways to cut down costs and reduce emissions
The country’s leading carmaker Maruti Suzuki is looking at transporting more vehicles it makes via railways to cut down costs and reduce emissions in line with the government’s push towards clean mobile solutions. The company, along with joint-venture partners, has…
Carmakers raise FY24 sales growth projection to 8.2%
New Delhi: The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local…
Hyundai: We will continue to strengthen our presence in the Indian market, says Hyundai Motor India MD Unsoo Kim
Korean auto major Hyundai said it will continue to make strategic investments towards increasing production capacity, setting up new manufacturing units, introducing new products and technologies to strengthen its presence in the Indian market. Unsoo Kim, Managing Director, Hyundai Motor…
auto loan rates: Upbeat on demand, car cos revise forecast upwards again
The country’s car industry has for the second time revised upwards its growth projections for this fiscal to more than 8%, nearly twice the rate projected at the start of the year. Passenger vehicle sales in the local market are…
MG Motor-JSW: MG Motor India anticipates accelerated growth path with JSW Group’s investment, says CEO Emeritus Rajeev Chaba
MG Motor India is set to achieve accelerated growth with the support of JSW Group as an investor, according to CEO Emeritus Rajeev Chaba. The company has already established a strong foundation in technology, customer experience, gender diversity, and community…
Tata Motors share price: Tata Motors to hike CV prices for offsetting input price pressures
Tata Motors will be hiking the prices of its commercial vehicles from April 1, 2024 to offset the residual impact of past input costs, the company said in a stock exchange intimation on Thursday. The prices will be hiked by…
Tata Motors: Tata Motors’ Sanand plant crosses 1 million car rollout milestone
Tata Motors’ Sanand Plant in Gujarat, India, celebrated a significant milestone, reaching the production landmark of 1 million cars. The plant, which was established around 14 years ago to manufacture small cars, has evolved into a key facility for producing…
Lot more women take the driver’s seat in SUVs now
More women are taking the wheel of sport-utility vehicles, once considered the domain of men, contributing to the segment’s sales surge. The share of women SUV buyers has climbed 4.5 times from five years ago amid a growing preference for…
CBR1000RR: HMSI recalls GL1800 Gold Wing, CBR1000RR units to fix faulty fuel pumps
Honda Motorcycle & Scooter India (HMSI) on Friday said it is recalling certain units of its superbikes GL1800 Gold Wing and CBR1000RR to inspect and replace faulty fuel pumps. Honda GL1800 Gold Wing manufactured between December 2017 and December 2023…
ICRA: Passenger vehicles industry to grow up to nine percent this fiscal, says ICRA
The domestic passenger vehicle (PV) market is estimated to grow by six to nine per cent in the current financial year over the preceding fiscal, according to ratings firm ICRA. In absolute terms, the PV industry will clock a sales…
Vehicle registrations increase by 13% to two million units in February, according to FADA
Vehicle registrations – a proxy for retail sales – increased in healthy double-digits by 13% to over two million units last month amid better supplies and sustained consumer demand across rural and urban markets. As many as 2,029,541 vehicles were…
M&M promoter group entity initiates sale of shares; sale will reduce promoters’ stake to 18.57% from 19.32%
Mumbai: Mahindra & Mahindra’s promoter group entity Prudential Management and Services Pvt Ltd (PMSL) has initiated a secondary sale of shares in the company as the “family is looking for liquidity for specific needs”, the automobile manufacturer said in a…
Exide Industries further invests nearly Rs 40 cr in advanced chemistry battery cells making arm
Battery maker Exide Industries Ltd on Wednesday said it has further invested nearly Rs 40 crore in its wholly-owned arm advanced chemistry battery cells manufacturer Exide Energy Solutions Ltd. The investment of Rs 39,99,99,975 has been made by way of…
gender gap: Negligible number of women CXOs at India’s top auto cos, says Deloitte study
Not only is the count of women CXOs negligible (less than 3%) across India’s top 11 automobile companies, but their salaries are also 11% lower than male counterparts, according to a Deloitte study exclusively shared with ET. These 11 automakers…
Mercedes-Benz: Expect India to be third largest market among 118 countries: Mercedes-Benz
German carmaker Mercedes-Benz expects India to become its third biggest market in its ‘Region Overseas’ over the next 2-3 years with demand anticipated to remain strong for luxury products, according to a senior company executive. The Region Overseas for Mercedes…
Maruti Suzuki: Maruti bets big on SUVs amid rising demand
Maruti Suzuki India is gearing up for a strong SUV push with at least six out of ten new models planned for the next three years starting FY25 being sports utility vehicles (SUVs), reinforcing the Japanese carmaker’s strong intent to…
Panel to examine auto cos’ requests for quarterly incentives, more components under PLI: Official
New Delhi, A government-formed panel will examine requests from auto manufacturers seeking quarterly incentive payouts and inclusion of more components under the production-linked incentive scheme, according to an official on Monday. “This year, the incentive (under Auto PLI) will be…
Maruti Suzuki: Maruti’s total sales rise 15% to 1,97,471 units in Feb
Maruti Suzuki India on Friday said it has reported a 15 per cent year-on-year increase in total wholesales at 1,97,471 units in February. The company had dispatched a total of 1,72,321 units in the same month last year, Maruti Suzuki…
used car market: India’s used car market size to touch $100 billion-mark by 2034: CARS24 CEO
Indian used car market is expected to touch the USD 100 billion-mark in the next ten years on the back of rising disposable incomes and a growing middle class, according to CARS24 Co-Founder and CEO Vikram Chopra. As per the…
Ultra rich chase Rs 1 crore-plus supercars on luxury drive
MUMBAI: Luxury carmakers are increasingly rolling out models priced north of Rs 1 crore as the country’s growing ultra-high net worth (UHNW) population seeking discerning experiences snap up such supercars like never before. Carmakers such as Mercedes, BMW, Audi and…
Electric two-wheeler market sees huge 24% growth in February. Ola at top of sales chart
The electric two-wheeler (E2W) market in India saw a significant surge in registrations during February 2024, indicating a robust 24% year-on-year growth in high-speed scooters. According to data sourced from Vahan, this surge reflects the growing traction of electric vehicles…
TVS Motor sales rise by 33% in February
New Delhi, TVS Motor Company on Friday said its wholesales rose 33 per cent year-on-year to 3,68,424 units in February. The company had dispatched 2,76,150 units in February 2023. Total two-wheeler sales registered a growth of 34 per cent to…
Sales of cars, sedans, utility vehicles see their best-ever February
Sales of cars, sedans and utility vehicles in the local market increased in healthy double-digits to their best-ever level for the month of February at 373,177 units on back of better supplies and sustained consumer demand. As per industry estimates…
China Plus One: Auto industry to invest $7 bn in 5 years to deepen parts localisation
Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘China Plus One’…
mahindra thar: Mahindra Thar Earth Edition unveiled. Here are price, variants, specs
Mahindra has unveiled a new version of its popular SUV, the Thar. The new Mahindra Thar Earth Edition is inspired by the Thar Desert and features a unique Desert Fury satin matte paint scheme. Priced between Rs 15.40 lakh and…
Skoda EV: Plan to enter mass market EV segment in India: Skoda Auto
Czech carmaker Skoda Auto plans to enter the mass market of electric vehicles segment in India, for which it is exploring all options, including partnerships with local companies for economies of scale, company’s management board member Martin Jahn said on…
Profit is not the main target for India: Skoda Auto board member
Czech car maker Skoda Auto has kept a low profit ambition for India despite being in the market for more than 20 years even as the top five carmakers in the very same market, have had a profitable run –…
Skoda to tweak products, market strategy ahead of compact SUV launch
As Skoda Auto India prepares to enter the high volume, competitive compact SUV market in H1 of 2025, the Czech carmaker is looking to tweak its product and go-to-market strategy, Petr Janeba, the company’s brand director, told ET. The upcoming…
Maruti Suzuki: Maruti Suzuki partners with Union Bank of India for dealer financing solutions
Maruti Suzuki India on Tuesday said it has inked an initial pact with Union Bank of India for dealer financing solutions. The tie-up enhances the comprehensive inventory funding options for over 4,000 Maruti Suzuki sales outlets across the country, the…
Passenger vehicles stay ahead of the curve for 2nd month in calendar year
Passenger vehicle makers in February are estimated to dispatch 360,000 units to their dealers, the highest ever for February in any year. Sustained demand, coupled with new model launches, is likely to notch up sales by 8% year-on-year, as per…
No country other than India has better prospects for future: Maruti Suzuki Chairman RC Bhargava
New Delhi, There is no other country in the world better placed than India in terms of future growth, Maruti Suzuki India Chairman RC Bhargava said on Monday. Speaking at an event here, the veteran industry leader noted that the…
Indian passenger vehicle industry engages numerous social media influencers to accelerate sales
Mumbai: The ‘vroom-vroom’ of the auto engine has just got amplified by ‘views,’ ‘likes,’ and ‘notification chimes.’ The Indian passenger vehicle industry – which saw a historic 27% growth in FY23 with sales of 3.90 million vehicles, and growing since…
passenger vehicle: PV industry growth likely to moderate to less than 5% in FY25: Tata Motors
The growth of the domestic passenger vehicle industry is likely to moderate to less than 5 per cent in the next fiscal, according to Tata Motors Passenger Vehicles Managing Director Shailesh Chandra. The company, however, expects electric vehicle sales to…
Kia Seltos: Do you own a Kia Seltos? The company is recalling some cars. Check details here
Kia India announced on Friday that it is voluntarily recalling 4,358 units of a petrol variant of its mid-sized sports utility vehicle Seltos to replace the electronic oil pump controller. “Kia is recalling Smartstream G1.5 Petrol Seltos with IVT transmission,…
Toyota Kirloskar Motor recalls 269 units of Land Cruiser 300
Toyota Kirloskar Motor is recalling 269 units of its sports utility vehicle Toyota Land Cruiser 300 to reprogramme the automatic transmission ECU software. The company is recalling the model manufactured between February 12, 2021 and February 1, 2023, the automaker…
PLI scheme: Toyota Kirloskar Auto Parts now eligible to avail incentives under PLI scheme
Toyota Kirloskar Auto Parts on Friday said it is now eligible to avail incentives under the production-linked incentive scheme for advanced automotive technology (AAT) products. The company, a part of Toyota Group of companies, has received the domestic value addition…
IPL Sponsors: Ceat retains IPL ‘strategic timeout’ partnership for Rs 240 crore
Tyre manufacturer Ceat has announced its sponsorship of certain segments of IPL matches, marking an investment of about Rs 240 crore over five years. The Board of Control for Cricket in India has selected Ceat as an official partner to…
Tractor sales: Tractor sales in India hit a rough patch, reflecting rural economic slowdown
Tractor sales in India, a proxy for rural economic health, have seen a steep decline in key states in the west and south in the first 9 months of the fiscal year, dragging overall sales down 4% in the world’s…
Ashok Leyland: Ashok Leyland reaches 3 million production milestone at Pantnagar plant
Hinduja Group flagship company Ashok Leyland on Thursday said it has reached a significant milestone of having rolled out three million units out of its factory in Uttarakhand. The heavy commercial vehicle maker said it was moving steadfast on its…
Lamborghini: In India, young revving up demand for Lamborghini: Stephan Winkelmann
Young, aspiring Indians are among customers driving volumes at Italian supercar maker Lamborghini, which posted record sales last year, global chief executive Stephan Winkelmann told ET. Its signature, wedge-shaped sports car is one of the fastest production vehicles available to…
Maruti Suzuki: DRI initiates inquiry against Maruti Suzuki over incorrect HSN code of imported part
Maruti Suzuki India on Wednesday said the Directorate of Revenue Intelligence has initiated an inquiry against it over incorrect HSN (Harmonized System of Nomenclature) code of an imported component. In a regulatory filing, Maruti Suzuki India said it has received…
BSA bikes: Classic Legends to set up plant in UK to manufacture BSA bikes
Mumbai: BSA, the legendary British motorcycle brand, is set to make deeper inroads in the UK with Mahindra & Mahindra-owned Classic Legends, the brand’s new owner, gearing up to start building a new factory in the UK from the next…
Kia Sonet X-Line 2024: Top 10 Tech Features | TECH IN AUTO EP 2
Kia Sonet X-Line 2024: Top 10 Tech Features | TECH IN AUTO EP 2
WBIDC moves Calcutta HC challenging arbitration award to Tata Motors over abandoned Singur plant
Kolkata: The West Bengal Industrial Development Corporation (WBIDC) on Monday moved the Calcutta High Court, challenging an arbitration award to Tata Motors Ltd on account of loss of capital in investments made in the abandoned car manufacturing plant at Singur….
Mitsubishi TVS: Mitsubishi to invest Rs 300 crore in TVS Mobility unit
Mumbai: TVS Mobility, a TVS Group company with presence in automotive retail and aftermarket businesses, has formed its second partnership with Mitsubishi Corp. This would entail the Japanese conglomerate investing Rs 300 crore for a 32% stake in TVS Vehicles…
EV vs ICE price parity for luxury cars unlikely in near future
Carmakers Tata Motors, MG Motor India and Mahindra & Mahindra are narrowing the price gap between their electric vehicles and petrol and diesel models amid softening battery prices, but luxury carmakers do not expect such price parity any time soon….
Hero MotoCorp: Expect two-wheeler industry to see double-digit revenue growth next fiscal, says Hero MotoCorp CEO
The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country’s largest two-wheeler maker, which reported a total…
M&M Volkswagen: M&M signs supply agreement with Volkswagen Group for e-mobility push
Indian automaker Mahindra & Mahindra has signed a supply agreement with Germany-based Volkswagen Group on components for M&M’s INGLO platform, the company said in a stock exchange filing on Friday. As a part of this agreement, M&M will equip certain…
Ola scooter price: Ola Electric S1 range prices slashed by Rs 25,000. Check prices here
E-scooter maker Ola Electric has cut the price of its S1 range of Ola Electric scooters by Rs 25,000, the company said on Friday. The revised prices will be effective in February only, Ola said. Price of the Ola S1…
New Bajaj Pulsar NS200: Bajaj teases 2024 Pulsar NS200, here’s what to expect
Bajaj Auto is gearing up to update its popular Pulsar lineup, and the rumour mill is already buzzing with excitement. The company has released cryptic teasers of the upcoming motorcycle, which seems to be the NS200 model. While specific details…
UP emerges as top state in total vehicle sales in Oct-Dec 2023; Maharashtra 2nd: SIAM
Uttar Pradesh recorded the highest number of vehicle sales in October-December 2023, followed by Maharashtra, Gujarat and Tamil Nadu, according to Society of Indian Automobile Manufacturers. As per data from Society of Indian Automobile Manufacturers (SIAM), Uttar Pradesh clocked a…
Yamaha Motor: India Yamaha Motor recalls 3 lakh scooter units to rectify brake parts
India Yamaha Motor is recalling around 3 lakh units of its 125 cc scooter models Ray ZR 125 Fi Hybrid and Fascino 125 Fi Hybrid to rectify faulty brake parts. The Japanese two-wheeler maker said it is recalling scooter units…
Tesla: Tesla may head to India on incentive-paved road
US electric automaker Tesla could soon set up shop in India, with the government close to finalising a policy to extend concessional import duties on electric cars exceeding Rs 30 lakh (about $36,000) for 2-3 years. The reduced import duties…
Hero Moto’s got wind in its wheels, with strong models, rising demand
ET Intelligence Group: The stock of Hero MotoCorp has lost nearly 3% in the three trading sessions since Friday when it declared its third-quarter results, following profit-booking and concerns over losses in the electric vehicle (EV) segment. However, factors such…
Hyundai India: Hyundai seeks expansion, higher valuation with India IPO
Hyundai Motor’s planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world’s fastest growing markets and tackle the so-called “Korea discount” that suppresses the value of its business…
Vehicle registrations rise 15% in Jan driven by strong demand for passenger vehicles and two-wheelers
As per data collated by Federation of Automobile Dealers Association (FADA) from the VAHAN portal of the Ministry of Road, Transport and Highways (MoRTH) as many as 2,127,653 vehicles were registered last month, compared to 1,849,691 units in the same…
Revenue growth of auto component industry to moderate to 5-7 pc in FY25: Report
Annual revenue growth of leading auto component manufacturing companies will come down to 5-7 per cent in the next fiscal due to moderation in domestic volumes and a drop in exports, rating firm Icra said on Tuesday. According to Icra…
audi: Red Sea crisis impacting supply chain, expect recovery in coming months: Audi India Head
Muonio: The situation in the Red Sea is creating supply chain issues for German luxury carmaker Audi, impacting car deliveries to customers in India in the first quarter but recovery is expected in the coming months, according to a senior…
Tata Motors ties up with LeadIT for greener future
New Delhi: Tata Motors on Monday said it has tied up with the Leadership Group for Industry Transition (LeadIT), a global alliance launched by governments of Sweden and India at the UN Climate Action Summit in September 2019. As a…
Luxury car financing market surges as more Indians trade up
Sales of luxury vehicles are growing at a quick pace in India, so is the demand for loans to finance those purchases. Banks such as HDFC Bank, ICICI Bank, Bank of Baroda, Axis Bank and Kotak Mahindra Bank, as well…
ashok leyland: Ashok Leyland progressing well in network expansion in North & East
Chennai: Heavy commercial vehicle maker Ashok Leyland has drawn up network expansion plans in the North and Eastern parts of the country, a top company official has said. The Hinduja Group flagship company was also gearing up to launch its…
electric cars: Most of the new cars to hit Indian roads next fiscal may be electric
A dozen out of 14 new car brands slated for launch in the next financial year will be electric as carmakers align themselves to the government’s aim of having a third of sales powered by battery electric vehicles (BEVs) by…
Maruti Suzuki Ertiga crosses one million sales milestone
Maruti Suzuki India on Friday said its Multi-purpose Vehicle (MPV) Ertiga has crossed the 10 lakh sales milestone. “The Ertiga has redefined the concept of an MPV as a stylish and technologically advanced offering,” Maruti Suzuki India Senior Executive Officer,…
India to be number 1 auto manufacturing hub in 5 yrs
India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari said on Friday. The government’s focus going forward will be…
pli: Elon Musk’s Tesla can apply for battery PLI sops: Heavy Industries Ministry
Elon Musk’s Tesla can apply for incentives under the National Programme on Advanced Chemistry Cells (ACC) Battery Storage, Minister of State for Heavy Industries, Krishnan Pal Gurjar informed the Rajya Sabha on Friday. He was responding to question on whether…
tata motors: Tata Tiago, Tigor CNG automatic variants, starting Rs 7.9 lakh, launched: Here are price, specification, booking details
In a first in India, Tata Motors introduced the CNG AMT automatic variants for two of its popular models, the Tiago and Tigor. The Tiago CNG AMT will be available in three different variants, with prices ranging from Rs 7.90…
tyres: Mandatory quality control norms for 70 sizes, types of tyres from next year
Around 70 types and sizes of tyres, manufactured by more than one company, will come under the mandatory quality control norms from March next year. The Department for Promotion of Industry and Internal Trade (DPIIT) will soon notify these tyres,…
Niti Aayog moots sops, extension of PLI to LNG vehicles
NEW DELHI: The Niti Aayog has proposed a host of fiscal and non-fiscal incentives, including extension of the production-linked incentive scheme to vehicles run on liquified natural gas and setting up a demand aggregator, to encourage use of LNG in…
NITI aayog Commercial vehicles: NITI Aayog bats for incentives for LNG-fuelled commercial vehicles
NITI Aayog has proposed a host of fiscal and non-fiscal incentives, extension of the production linked incentive scheme to LNG-fueled vehicles and setting up a demand aggregator to encourage use of liquified natural gas (LNG) in medium and heavy commercial…
Govt to exclude 70 sizes, types of tyres from exemption list of mandatory quality control norms
New Delhi: As many as 70 types and sizes of tyres that are manufactured by more than one company will come under the mandatory quality control norms from March next year, an official said. The official said as the norms…
BMW targets affluent customers in India’s emerging EV market
BMW plans to expand in India’s emerging electric car market, aiming to win over rich consumers in the world’s most-populous nation amid a growing emphasis on clean energy.The German automaker expects electric vehicles to account for 25% of its sales…
Ashok Leyland hands over keys of 14T Boss Electric truck to Billion E-Mobility
Hinduja Group flagship company Ashok Leyland has commenced delivery of its intermediate and heavy duty electric trucks to its customers, the company said. The keys of 14T Boss Electric Truck were handed over to Billion E-Mobility at the inaugural edition…
Hyundai: Hyundai plans to drive to Dalal Street for largest IPO ever: Plans listing of local arm this Diwali
Mumbai: South Korea’s Hyundai Motor Co is evaluating a plan to list its local unit to take advantage of India’s IPO boom, said people with knowledge of the matter. The move, which comes nearly three decades after Hyundai Motor India…
TVS Motor reiterates commitment to invest Rs 5,000 cr on future technologies
New Delhi: TVS Motor Company on Saturday reiterated its commitment to invest Rs 5,000 crore towards design, development, and deployment of future technologies across products. “Our core is engineering and R&D, and this is driven by over 2,000 engineers backed…
Electric Vehicle: Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia
Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company’s Managing Director Prasan Firodia. The company, which sells a…
We’re cheering from sidelines for India to rise more: Thomas Girst, Global head of cultural engagement, BMW Group
As a thriving democracy, India should do more for contemporary art, as it’s critical and political, said Thomas Girst, global head of cultural engagement at BMW Group. He is in the country for ‘India Art Fair 2024’, in which the…
VECV: VECV forays into small commercial vehicle segment
VE Commercial Vehicles on Saturday announced its foray into the small commercial vehicle segment with the global unveiling of the first product at the Bharat Mobility Global Expo 2024. Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV),…
India’s new aspiring middle class to fuel economy, mobility sector growth: PM Modi at Bharat Mobility Show
India has a new aspiring middle class of 250 million people who will fuel growth, also in the mobility sector, Prime Minister Narendra Modi said in his address at the inaugural edition of the Bharat Mobility Show, adding that automobile…
Volkswagen EV: Volkswagen Group working on entry-level EV for India
German automaker Volkswagen Group is looking to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, the CEO of its local unit said at an event on Thursday. “We are actively working on an entry-level…
TVS Motor vehicle sales grow 23 pc to 339,513 units in Jan
TVS Motor reported a 23 per cent increase in vehicle sales to to 339,513 units in January. The company had recorded total sales of 275,115 units in January last year, TVS Motor said in a statement. Sale of two-wheelers registered…
Maruti Suzuki’s total vehicle sales rise 5 pc at 1,99,364 units in January
Maruti Suzuki India’s total vehicle sales, including exports, increased 5 per cent at 1,99,364 units in January from 1,72,535 units in the same month last year, the company said in a statement on Thursday. This was the highest-ever monthly sales…
Bajaj Auto to launch CNG bikes in FY25, will be priced higher than petrol vehicles
New Delhi: Bajaj Auto is developing a portfolio of CNG motorcycles, and the first such bike will hit the market next fiscal under a new brand, Bajaj Auto Executive Director Rakesh Sharma said on Wednesday. The company wants the government…
Mercedes-Benz sets eyes on smaller cities to fuel further growth
German carmaker Mercedes-Benz is looking to expand its presence in the smaller cities in India where demand for luxury models is expected to grow robustly over the next few years. The automaker, which on Wednesday introduced new GLA and AMG…
PM Modi to address Bharat Mobility expo on February 2; 800 exhibitors to participate
Around 28 vehicle original equipment manufacturers including Ashok Leyland, Ather Energy, Honda, Hyundai, and BMW would participate in the Bharat Mobility global exhibition that would begin Thursday. Prime Minister Narendra Modi will address the exhibition on February 2, a senior…
toyota: Toyota suspends dispatch of three models in India due to ‘irregularities’ in diesel engine
New Delhi: Toyota Kirloskar Motor is temporarily suspending the dispatch of its three models — Innova Crysta, Fortuner and Hilux — in the country after “irregularities” were found in the certification tests for the diesel powertrain. Toyota Industries Corporation (TICO),…
Domestic auto component aftermarket expected to touch $14 bn mark by 2028: ACMA study
New Delhi, The domestic auto component aftermarket is expected to touch USD 14 billion mark by 2028 on the back of robust growth in vehicle parc in the country, a report commissioned by industry body ACMA in partnership with Ernst…
tyre market: CEAT looks to grab opportunity in replacement tyre market growth fuelled by PV sales
Tyre maker CEAT Ltd is looking to cash in on the growth of passenger vehicles sales in India, which will boost demand in the replacement market going forward, according to the company Managing Director & CEO Arnab Banerjee. The company…
electric vehicles: Budget 2024 Expectations: Auto companies seek continued push to green mobility, infrastructure development
Interim Budget Expectations: The government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space. The Union…
Top 5 cars with panoramic sunroofs for budget-conscious drivers
For the budget-conscious drivers who crave a touch of luxury and a dose of open-sky freedom, there’s good news on the automotive horizon.
Top SUV models hit new high, cross 1-lakh sales mark in 2023
India’s enduring fascination for sport-utility vehicles (SUVs) is showing no signs of slowing down, fuelled by their practicality, spacious interiors, perceived safety, and an ever-expanding lineup of new models to entice buyers. About 16 passenger vehicle models crossed the 100,000-unit…
Soon, Delhiites could earn Rs 50,000 for giving old vehicles to kabadiwala
Delhi government, led by Aam Aadmi Party is likely to announce big news for car owners in the national capital as they are planning to offer a subsidy of up to Rs 50,000 in road tax on their new set…
Maruti Fronx sales: Fronx clocks 1 lakh sales milestone in passenger vehicle segment in record time, says Maruti
Maruti Suzuki India on Wednesday said its model Fronx has crossed the 1 lakh sales milestone in the domestic passenger vehicle segment in record time. The model has crossed the milestone in 10 months, setting a new industry benchmark, the…
Govt invites bids for setting up ACC units under PLI scheme for battery storage
The Centre on Wednesday announced re-bidding under a PLI scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufacturing facilities of 10 GWh capacity with a budgetary outlay of Rs 3,620 crore. Documents for the…
Maruti Suzuki eyes policy continuity in Interim Budget with focus on PLI and FAME schemes
With the interim budget just round the corner, Indian automaker Maruti Suzuki hopes government focus will continue on Production Linked Incentives (PLI) and the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) schemes. At a virtual interaction with…
bajaj: Bajaj Auto Vice Chairman Madhur Bajaj steps down due to health reasons
New Delhi: Bajaj Auto Ltd on Wednesday said its Vice Chairman Madhur Bajaj has resigned due to health reasons. In a regulatory filing, Bajaj Auto said Madhur Bajaj has tendered his resignation from his position in the company with effect…
Amara Raja aims to start operating giga factory before end of 2025
Automotive battery maker Amara Raja Batteries Ltd on Wednesday said its first giga factory will start operating before the end of 2025. The company also said that giga factories require an integrated approach that marries high technology, large capex, giga…
jsw: CCI approves JSW’s acquisition of up to 38% stake in MG Motor India
The Competition Commission of India (CCI) has given its approval for Sajjan Jindal-promoted JSW Group’s proposed acquisition of up to 38 per cent stake in MG Motor India. “The Acquirer is a newly incorporated entity and is not engaged in…
railways: Indian Railways cuts SUV mass transport rates by 33%
Sport-utility vehicles (SUVs), currently riding high in the local market, can now hitch a cheaper ride on Indian Railways. Automakers planning to ship these popular vehicles in a cost-friendly way cross country have received a boost from the railways, who…
Average age of customers opting to buy Rolls-Royce cars is mid-40s: Official
High net worth individuals in their mid-40s were the majority of customers opting to purchase the British luxury automobile maker Rolls-Royce’s range of cars in India, a company official said. Rolls-Royce Motor Cars on Tuesday launched its latest all-electric –…
Hero MotoCorp to set up assembly plant in Nepal with partner CG Motors
New Delhi, Hero MotoCorp on Monday said it will set up a facility for assembling products in Nepal in partnership with CG Motors, its newly appointed distributor in the country. The facility will be located in Nawalpur district and have…
Sunroof Surge: India’s buyers drive demand, prompting carmakers to elevate the roof game
New Delhi: India’s growing fascination with sunroofs has boggled carmakers, who are now offering the feature in half of all new cars on sale in the local market to meet this burgeoning consumer demand. Once considered a luxury feature, currently…
Only zero-emission cars can help tackle air pollution, reduce oil imports: Tata Motors
Only zero emission cars can contribute towards a reduction in air pollution, cutting burgeoning fuel imports and attaining net zero targets, according to Tata Motors Passenger Vehicles Managing Director Shailesh Chandra. Amid demands from a certain section of the industry…
tata motors price hike: Tata Motors to increase prices of its PVs from Feb 1
Indian auto maker Tata Motors on Sunday announced price hike across models including Electric Vehicles (EVs) effective from February 1, 2024. The company is set to increase prices by 0.7 per cent (on average) across its passenger vehicles portfolio to…
Carmakers go extra mile to keep vehicles light
As bulky SUVs fast-replace nimble hatchbacks on Indian roads, there are concerns over emissions and fuel efficiency that are majorly impacted bys the car weight. However, carmakers are increasingly using lightweight materials such as high strength steels and aluminium alloys…
Rolls-Royce drives in Spectre; dealer expects luxury car sales to grow in India
Sales of ultra luxury car brands like Rolls-Royce are set to be on the growth path only in India with the economy expected to expand further enabling a new set of customers for such models, as per Select Cars CEO…
CEAT forays into steel radial tyres for two-wheelers
Tyre maker CEAT Ltd is foraying into steel radial tyres for two-wheelers with an aim to enhance its leadership position in the overall two-wheeler tyre segment and also to help premiumise the brand. The company, which on Friday launched its…
Suzuki Motorcycle India partners with SMFG India Credit Co for vehicle finance
Suzuki Motorcycle India Pvt Ltd on Friday said it has partnered with SMFG India Credit Co Ltd (formerly Fullerton India Credit Co) to provide financing on purchase of its two-wheelers. The two companies have entered into an MoU for the…
Supro Profit Truck Excel series: Mahindra expects to sustain growth momentum in SCV segment next fiscal
Mahindra & Mahindra expects to sustain growth momentum in the small commercial vehicles segment in the next fiscal, as it looks to keep refreshing the range as per customer needs, a senior company official said on Thursday. The company on…
In Conversation with hyundai india’s COO Tarun Garg
With the launch of new Creta on Tuesday, Hyundai Motor India’s COO, Tarun Garg shares how the SUV will continue to be the segment leader even with several new launches in the market. He also talks about the company’s EV…
tata motors: Tata Motors urges govt to keep hybrid tax as Toyota seeks cut
India’s top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies, according to three sources and a company…
Husqvarna launches 2024 editions of Svartpilen 401, Vitpilen 250 in India. Price, technical specifications
Bajaj Auto has brought Husqvarna Motorcycles much-anticipated 2024 models of Svartpilen 401 and Vitpilen 250 into India. This latest range represents a comprehensive redesign, featuring entirely new engines, chassis, advanced technology, and updated styling. The Svartpilen 401, a dynamic Scrambler,…
pli: Automobile industry will contribute to India’s rise as third largest economy
Indian automobile industry will have the highest contribution to the country’s rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production Linked Incentive (PLI) conclave in New Delhi, he said, “India…
Hyundai India launches all-new Creta facelift
Hyundai India launched its all-new Creta compact SUV on January 16. The new offering comes with three engine options — 1.5l Kappa Turbo GDi Petrol, 1.5l MPi Petrol and 1.5l U2 CRDi Diesel engine. It will have four transmission options…
Hyundai Motor: Maruti, Hyundai, Tata Motors, Renault post record rural sales in 2023
Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand…
Mercedes Benz India: Luxury car sales in India surge to record high, up 20% YoY
Luxury car sales in India scaled a record high of 42,731 units in 2023, up 20% year-on-year. Carmakers attributed the pickup in sales to a lifestyle change after Covid-19, making many younger professionals opt for high-end cars, and said the…
Auto exports decline 21% in 2023: SIAM
Automobile shipments from India declined 21% last year as many overseas markets continued to face monetary and geopolitical crises, as per the latest SIAM data. Overall exports stood at 42,85,809 units last year compared to 52,04,966 units in 2022. Passenger…
car exports from india: Automobile exports from India dip 21% in 2023: SIAM
Automobile shipments from India declined 21 per cent last year as many overseas markets continued to face monetary and geopolitical crises, as per the latest SIAM data. Overall exports stood at 42,85,809 units last year compared to 52,04,966 units in…
Hyundai’s MOBION can solve your car parking problems
Hyundai unveils the ioniq-5-based ‘MOBION’ electric vehicle (EV) with ‘crab walking’ capabilities at the ongoing CES 2024. This prototype vehicle comes equipped with advanced ‘e-Corner System’ motion technology, allowing for lateral and diagonal movement, as well as pivots on spot….
Car sales in India drive past 4-million mark in 2023
India’s passenger vehicle sales surged past 4 million units for the first-time ever in calendar year 2023 buoyed by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates. More than 4.1 million cars, sedans and utility…
Super sports car segment in India to register 30 pc growth this year: McLaren Automotive
British luxury carmaker McLaren Automotive on Friday said it is expecting the super sports car segment in India to register 30 per cent growth this year. McLaren is also looking to deliver about 20-odd cars to customers in India after…
kia sonet facelift price: Kia reveals prices for Sonet facelift compact SUV: Here is the full variant-wise price list, features
Kia Motors has revealed the prices for the highly anticipated facelifted Sonet compact SUV in India. The model is available at an introductory price starting from Rs 7.99 lakh for the base variant and going up to Rs 15.69 lakh…
Biogas most viable for small cars, says Maruti’s RC Bhargava
Biogas is the most viable fuel for small cars in India given the abundant availability of the bio waste in the country, RC Bhargava, chairman, Maruti Suzuki India, said. According to him, battery-powered vehicles at present have many limitations for…
Maruti in discussion with Gujarat govt for land parcel for new plant: RC Bhargava
Maruti Suzuki India Chairman RC Bhargava on Wednesday said the company is in discussion with the Gujarat government to get the appropriate land parcel for its second plant to be set up at an investment of Rs 35,000 crore. The…
Maruti Suzuki to invest ₹35,000 crore in Gujarat factory to churn out 1 million cars each year
Gandhinagar: Car market leader Maruti Suzuki India will invest a cumulative ₹38,200 crore in Gujarat as part of a broader plan to double the output to 4 million units by FY31. In his address, T Suzuki, representative director and president…
Suzuki Motors Gujarat: Vibrant Gujarat summit: Suzuki Motors to invest Rs 3,200 cr in new production line & Rs 35,000 cr in 2nd plant
Kicking off the Vibrant Gujarat Summit, Japanese carmaker Suzuki Motors announced its intent to invest Rs 3,200 crore in a new production line in the existing Gujarat plant and Rs 35,000 crore towards a second plant in the state. Suzuki…
Hyundai Creta: Hyundai Creta: Automaker unveils new features; ADAS and other key features confirmed
Hyundai India is set to expand its current portfolio in the country with the introduction of another magnificent Sports Utility Vehicle (SUV) on January 16, 2024. The South Korean automaker has already commenced bookings for the Creta 2024 version, which…
Birla Tyres Insolvency Case: NCLAT dismisses Kesoram’s appeal in Birla Tyres insolvency case
The National Company Law Appellate Tribunal (NCLAT) on Friday dismissed Kesoram Industries’ appeal against the National Company Law Tribunal’s Kolkata ruling that had rejected its claim of being a financial creditor of Birla Tyres Ltd. The appellate tribunal held that…
Toyota Kirloskar hikes vehicle prices by up to 2.5 pc
Toyota Kirloskar Motor on Friday said it has increased prices of its vehicles ranging from 0.5 per cent to 2.5 per cent on select models and variants with effect from January 1, 2024. This increase was necessitated to partially offset…
How this Chinese EV maker pipped Elon Musk’s Tesla in sales
How this Chinese EV maker pipped Elon Musk’s Tesla in sales
For Tata Motors PV business, vehicle registration data take driver’s seat for planning
Mumbai: Tata Motors, India’s third largest passenger vehicle maker by sales, has made a radical change in its go-to-market strategy by aligning its sales planning and demand forecasting to vehicle registration, becoming the first carmaker in the mass market to…