BUSINESS
No point in making electric cars if they are not affordable for mass-market: Maruti Suzuki
Maruti Chairman R C Bhargava said that India being a price sensitive market there needs to be a way to make electric cars affordable and also that such cars have to be the way the consumer wants it.
BUSINESS
Ashok Leyland plans manufacturing footprints in Africa, Latin America
Keeping in mind the rising competition at home from growing number of players including heavyweights like Daimler, MAN and Volvo, Ashok Leyland is hedging its future by entering markets similar to India.
BUSINESS
GST boosting demand for bigger trucks as buyers look for higher payloads
Demand for trucks bigger than 25 tonnes is expected to remain robust over the next 2-3 years.
BUSINESS
Tata Group could get into battery-making to drive the ambitious e-mobility wagon
The Tata Group is already engaged in making automotive and inverter batteries through a joint venture company running under the umbrella entity Tata Autocomp Systems
BUSINESS
Volvo Cars looking to double market share, add more products to Bengaluru assembly line
Volvo Cars registered a 25 percent growth in sales and 30 percent of the volumes came from just the XC60
BUSINESS
This week in Auto: TVS launches Apache 310, Range Rover Velar debuts in India
The mass market segment may be slowing down but manufacturers are ready to bet on the luxury and premium segments for fueling growth.
BUSINESS
Volvo XC60 first drive review: Everything you need to know about the Swedish UV
The UV market has more than doubled in the past five years with a CAGR of 15 percent and last year itself growing by 30 percent.
BUSINESS
PE interest in hospitality revives, but cautious over investments
PEs are cautious and now looking at operational hotels, to avoid project delays and cost overruns
BUSINESS
Yamaha launches new R1 at Rs 20.73L, Honda opens bookings for Goldwing at Rs 26.85L
Yamaha, the fifth biggest two-wheeler maker in India, launched its global flagship model, 1000cc YZF-R1 priced at Rs 20.73 lakh (ex-showroom, Delhi).
BUSINESS
Audi, Maruti, Tata Motors & others offer huge year-end discounts
From Maruti to Audi car makers and their dealers are offering plenty of discounts to get rid of their stocks before 2018 arrives with deals ranging from Rs 25,000-Rs 8.85 lakh.
BUSINESS
Royal Enfield may sacrifice its signature thump to save the planet
Will the government's resolve to go electric silence the famous thump of Royal Enfield bikes?
BUSINESS
Tata Motors regains third spot from M&M after 5 years
Sales of all passenger vehicles (cars and utility vehicles) sold by Tata Motors surpassed that of M&M last month as per data revealed by both the companies.
BUSINESS
This week in auto: Car sales surge in Nov, Audi cuts prices by up to Rs 8.85 lakh
Audi offers discounts of upto Rs 8.85 lakh, Car sales hit high gear in November, this and much more in the weekly wrap of all the major developments.
BUSINESS
Auto industry bucks trend in November, posts 16% surge in sales
A low-base effect following demonetization, continued demand from the rural segment and robust pick-up for new models has helped vehicle makers during last month.
BUSINESS
Hyundai scraps plans of launching hybrid sedan Ioniq in India
Hyundai’s petrol electric hybrid sedan Ioniq will not be coming to India next year as the Korean company feels that high taxes on hybrid cars have rendered them impractical.
BUSINESS
More companies say no to Auto Expo, claim costs prohibitively high and returns low
Vehicle making companies who have decided against participating in the Auto Expo next year has ballooned more than four times compared to the previous edition of the biennial extravaganza. In the 2016 Auto Expo seven companies had opted out.
BUSINESS
Tata Motors to launch new mid-size SUV next year with an eye on Creta, Captur
While prices of the Nexon starts at Rs 5.85 lakh and that of the Hexa at Rs 11.72 lakh, the starting price of the new SUV is expected at just under Rs 8 lakh, as per market sources.
BUSINESS
Renault Kwid electric in the works for India
Ghosn claimed to have also driven a prototype of the ‘very well engineered and low-cost car’ indicating that the vehicle is in advanced stages of development
TECHNOLOGY
TVS to launch Apache RR 310 bike on Dec 6, to challenge Ninja 300
Developed alongside partner BMW the Apache 310RR will catapult the Chennai-headquartered company into the league of performance motorcycle segment presently dominated by Japanese brands
BUSINESS
Bajaj Auto may hike prices in Jan, expects Maha govt to reimburse Rs 1500 cr in tax
Pune-based Bajaj Auto is contemplating a hike across product range, which will perhaps come in January, to offset some of the input cost pressures suffered in the second and third quarters.
BUSINESS
Bajaj targets 24% market share by March, capex of Rs 250-300 cr next year
Bajaj Auto, India’s fourth largest two-wheeler maker, is confident of closing the financial year with a market share of 24 percent on the back of the launch of a new model and a few upgrades.
BUSINESS
As govt’s EV push kicks into next gear, 5L electric cars may be rolled out for babus
Government offices, state-owned companies and institutions together which use around 500,000 petrol and diesel-powered vehicles, will be encouraged to switch to electric mobility over the next 5-6 years.
BUSINESS
Hero MotoCorp may be hit most from Karnataka ban on pillion-riding bikes with small engines
Nearly half a dozen of Hero Motocorp, India’s largest two-wheeler maker, could get impacted from this ban.
BUSINESS
Why does Bajaj Auto continue to persist with a money guzzler?
CT100 makes losses but the humble auto-rickshaw earns the best of profits.
