BUSINESS
Mahindra in talks to sell 20,000 electric vehicles; Uber EV pilot to kick off this month
The company is also in talks with operators in cities such as Bengaluru, Chennai, Hyderabad and Pune, each with potential order size of 2,000-3,000 electric three-wheelers.
BUSINESS
This week in Auto: Union Budget disappoints; car sales remain muted in January
Here is a brief list of all of the important developments in the auto space in this week
BUSINESS
Kisan scheme more a sentiment booster than a demand driver for tractors: M&M’s Pawan Goenka
The scheme, however, will likely uplift farmer sentiment, which has been subdued since the past few months
BUSINESS
Bajaj Auto expects margin revival in H1FY20 after hitting 9-year low in Q3 this year
Bajaj Auto's operating margins for the December quarter stood at 15.6%, the lowest in nine years
BUSINESS
Bajaj Auto Q3 results: Market share of 20.3% best in more than three years
Bajaj surprised the market with an Rs 2,000 cut in prices of CT100, the most affordable motorcycle in the industry.
BUSINESS
Ceat lines up Rs 1,700cr capex for FY20, reduces capex for FY19
The Mumbai-based company would now be spending around Rs 1,100-1,150 crore this year as against its capex guidance of Rs 1,500 crore provided in July
BUSINESS
Mahindra in dilemma over timing of switchover to BS-VI trucks
Estimates suggest there will be an increase of around Rs 4-5 lakh per truck
BUSINESS
Maruti Suzuki discounts at all-time high, but Ertiga has 7-month wait period
The maker of Swift and said average discounts per vehicle in the December quarter stood at Rs 24,300, 30% higher than second quarter
BUSINESS
India's first Marriott hotel to make way for an upgrade in Mumbai
The hotel will be rebranded to Starwood Hotels-owned brand.
BUSINESS
Exclusive | Tata Motors may launch its first fully electric vehicle in 2020
The electric version of Tiago, Tata Motors' top-selling model, was set to debut in 2017 but was put on the backburner.
BUSINESS
TVS Motor to launch electric vehicle in FY20
The Chennai-based company has already showcased a few fully electric two and three-wheeler concepts at the Auto Expo
BUSINESS
New orders to get Ashok Leyland 50% share of state transport buses
The company received a boost of 2,580 new orders from three state-owned transport corporations valued at Rs 300-390 crore
BUSINESS
Maruti Suzuki looks to promote Eeco as it phases out Omni
In its 35th year of uninterrupted production the Omni will be replaced by its bigger and much younger cousin Eeco
BUSINESS
Daimler’s BharatBenz beats industry CV growth in 2018
Sales under the brand BharatBenz grew to 20,500 units during January-November 2018 period as against 15,200 sold in same period in 2017
BUSINESS
Lower room supply, increasing demand to push up hotel rates: CARE Ratings
The pipeline of new room supply totaled 114,466 rooms back in FY08 , whereas in FY18 it contracted significantly to just 49,380 rooms
BUSINESS
TVS Motor's premium bike foray on rocky road despite BMW tie-up
Though TVS had built its brand image in the premium motorcycle market with brand Apache more than 25% sales continue to come from mopeds
BUSINESS
This week in Auto: New car demand skids, Hero seeks GST cut on two-wheelers
Hsere is the list of all the major automotive developments of the week
BUSINESS
Despite similar features, BMW bike twins outsell TVS bike
The drift towards a more expensive bike could be attributed to the pent-up demand for the two BMWs as well as the aspirational value associated with the German luxury brand.
BUSINESS
Axle load norms behind dip in demand for new heavy trucks
Sales of medium and heavy commercial vehicles, especially in the cargo segment, saw a 22 percent fall for India’s top four truck and bus manufacturers in November-December
BUSINESS
Top auto trends of 2018; what to expect in 2019
The biggest news of 2018 in the auto industry was the arrest of Carlos Ghosn, CEO of Renault and Nissan, who has been charged for underreporting his income by $44 million.
BUSINESS
Toyota draws inspiration from Suzuki to sell India-made cars across the world
Toyota intends to take the fruits of its Suzuki collaboration to beyond Indian shores, into Africa and other similar markets
BUSINESS
Tata Motors or Mahindra - Guess who is leading the electric vehicles market?
Tata Motors is yet to frame its plans to launch the electric Tiago and electric Tigor for the retail buyer, even as the company is ready with both products.
BUSINESS
This week in Auto: Govt sees more investments; Jawa scripts a hit for Mahindra
Here is the list of all the major development in the automotive space this week.
BUSINESS
Tata Motors emerges as the biggest supplier of electric buses, keen to chase more orders
The Mumbai-based company won orders from six states for supplying 190 electric buses of two different sizes
