BUSINESS
With the last EcoSport rolling off production line, it is curtains down for Ford India
“Ford EcoSport was a perfect compact SUV with a complete package of space, price, and positioning. However, the company was unable to capitalise on it due to its less reach of the dealer network," said Puneet Gupta, an auto analyst from IHS.
BUSINESS
Maruti Suzuki bets on Jimny lifestyle SUV to take on Mahindra Thar
Speculation is pretty rife that Jimny will be powered by a 1.5-litre petrol engine producing 100bhp of maximum power and 130Nm of peak torque and will be mated to a five-speed manual or a four-speed automatic transmission
AUTOMOBILE
Maruti Suzuki unveils Grand Vitara to up the ante in mid-size SUV market
The all-new Grand Vitara, which is essentially a rebadged Urban Cruiser Hyryder, will be positioned above the Brezza sub-compact SUV and will be replacing the S-Cross across its Nexa showrooms in the country
AUTOMOBILE
Amid crackdown on Chinese firms, MG Motor India continues to shine
The British brand, owned by Shanghai Automotive Industry Corporation, however faces challenges getting FDI approval for its expansion plans. It may also see other contenders race ahead once the semiconductor shortage eases
BUSINESS
BMW keen to co-develop high-end e-bikes with TVS Motor for global markets
BMW Motorrad has already rolled out CE 04 electric scooter for US and European markets and is now looking to gain a sizeable presence in the electrically propelled bikes in Indian, Chinese and other markets.
AUTOMOBILE
BMW G 310 RR premiers in India at Rs 2.85 lakh
This is now the fourth product to be developed under the TVS Motor Company – BMW Motorrad alliance, with the other three being the TVS Apache RR 310, BMW G 310 R, and the G 310 GS, which are already available in the market
BUSINESS
Hyundai India to announce next-gen Tucson's prices on 4th August, not considering its hybrid version
The South Korean carmaker revealed that the model will be sold through Hyundai’s 125 Signature outlets, from where it retails the Alcazar and the i20 N Line.
AUTOMOBILE
Homegrown solar company wants to build an electric car at WagonR’s price
Gensol Engineering has acquired a US-based electric vehicle manufacturing start-up which will provide it the technology for making an entry level electric car
AUTOMOBILE
M&M forms subsidiary for EV four-wheelers, to roll out four cars by FY26
EV Co was launched a day after M&M received a Rs 1,925-crore commitment from British International Investment through a binding agreement of equal investment from each sides
BUSINESS
Can Japan’s Aiwa crack Indian TV market with offline focus, premium branding?
AIWA India affirmed that despite being a Japanese brand with premium offerings, its TVs will be priced 20-30 percent lower than those sold by Sony
TECHNOLOGY
Chinese automakers face stumbling blocks in Indian market
The $5 billion in stuck foreign direct investment proposals include those from Great Wall Motors for $1 billion (Rs. 7,800 crore) and from Changan Automobile for $500 million. Haima Automotive's dream of entering the Indian automobile market is also on hold.
AUTOMOBILE
Maruti Suzuki to unveil C segment SUV Vitara on July 20
Based on Toyota Hyryder, the bookings for this model will open on the same day. It will be retailed via Maruti's Nexa dealerships. The base model is likely to cost Rs 11.5 lakh, and it will go all the way up to Rs 18.5 lakh.
AUTOMOBILE
Nearly 25 e-car models expected to hit Indian roads in next 12-15 months
At present there are about 12 such brands. As per data from market intelligence firm JATO Dynamics, there will be 20-25 launches by over 10 carmakers until 2023, which would be priced in the range of Rs 7.5 lakh to Rs 2 crore.
BUSINESS
As semiconductor crisis gets sorted, carmakers shift to top gears
This was particularly true for OEMs or original equipment manufacturers with a line-up of SUVs in their arsenal, given the steady popularity of the segment
AUTOMOBILE
With new-gen Brezza launched, Maruti Suzuki may consider ‘Vitara’ moniker for next SUV
Maruti Suzuki and its suppliers invested Rs 460 crore in developing the new Brezza. Bookings have crossed 45,000 within 8 days of bookings being thrown open.
AUTOMOBILE
Can Mahindra Scorpio-N sting its rivals in the premium SUV market with a killer price tag?
The product will compete with the Hyundai Creta, Kia Seltos, Volkswagen Taigun, and other SUV brands. The company is also looking to attract prospective buyers of premium SUVs like the Toyota Fortuner, Jeep Meridian and MG Gloster.
AUTOMOBILE
Indian auto component industry seeks to widen revenue streams with EV projects
Auto parts makers are looking at everything from motors and controllers to battery management systems, chargers and charging systems, and remote diagnostics.
AUTOMOBILE
With Brezza, Maruti Suzuki looks to gain market share in compact SUV segment
The company currently commands 12 percent of the overall SUV market in India. Going forward, India’s largest carmaker is looking to leverage on its new models, and drive growth in its market share.
AUTOMOBILE
Despite being singed by battery fires, E2W industry confident of bouncing back
New safety norms being drawn up by the government will weed out fly-by-night operators selling dodgy vehicles and tainting the entire industry, say OEMs and industry body SMEV.
AUTOMOBILE
Hyundai India rolls out refurbished Venue, hints at more SUV offerings
The South Korean carmaker hinted that there are many SUVs in the pipeline that will straddle across all segments in the PV market
BUSINESS
Omega Seiki Mobility rolls out maiden e-auto for Rs 3.4 lakh
Stream will take on Piaggio's Ape E-City and Mahindra Treo's passenger electric three-wheelers. The company is looking to sell 40,000-50,000 units of Stream next year ― 60 percent in the domestic market, and the remaining 40 percent overseas.
AUTOMOBILE
Waiting period for some cars touches 2 years as companies scramble for semiconductors
With the chip shortage likely to extend into 2023, there is will be no immediate let-up in the waiting period for car buyers
AUTOMOBILE
Kia India says no mid-term plans to assemble EV6, will instead focus on India-centric EV
Though only 100 units of the model are allocated for the Indian market, the company has already garnered 355 confirmed orders since bookings commenced on May 26.
AUTOMOBILE
Tata Motors’ buyout of Ford India Sanand facility likely to drive its global EV ambition
Tata Motors’ buyout of Ford India's Sanand facility likely to drive its global EV ambition Deal a win-win as it gives Tata additional capacity, Ford an exit and continuity to employees and vendors
