BUSINESS
Auto industry divided over next-gen emission norms deadline of 2022
Component makers oppose postponement of implementation of new norms. SIAM seeks two-year delay in implementation as vehicle manufacturers may find it impossible to recoup the investments made for BS-VI before 2022. CAFÉ and RDE are the two norms in question.
BUSINESS
Toyota Urban Cruiser SUV launched: Check price, engine, interiors and other details
Toyota launched its compact SUV Urban Cruiser on September 23. Check out the prices, variants, engines and other details
BUSINESS
Charged up by demand from B2B companies, Hero Electric to design customised e-scooters for segment
The company is customising e-scooters specifically for institutional buyers, particularly last-mile delivery providers. E-commerce and courier-delivery agents cover 80 km in a day, while food-delivery and fleet operators cover 40 km in a day. Such requirements are met by most electric scooters, which offer around 100-120 km mileage on a full charge for a fraction of the petrol cost
BUSINESS
Explained: Are automakers, including Toyota, right in complaining about high taxes in India?
The applied duty in India ranges from 29 percent to 50 percent. How do China, Europe and the US markets fare?
BUSINESS
Why Vespa-maker Piaggio isn’t ready to go electric in India yet
The electric version of the Vespa, which the Italian company sells in Europe, got a good response at the India Auto Expo. However, inability to scale up component sourcing within India to 100 percent has made Piaggio fight shy in launching EVs in India
BUSINESS
This week in Auto: Kia Sonet – the disruptor, Toyota’s flip-flop, Volkswagen’s India EV plan, and more
Kia Sonet's launch caused ripples in the Indian auto industry this last week. A quick look at what else made the headlines in the auto space
BUSINESS
Kia Sonet launched in India at Rs 6.7 lakh with array of features; let’s take a look at some of its competition in the market
The Kia Sonet will be up against 11 models, four of which are yet to be launched. Here's is a look at what competition lies ahead of the Sonet.
BUSINESS
Volkswagen has no plans to launch electric vehicles in India
Blames lack of infrastructure, low price point; other carmakers are meanwhile racing ahead to develop affordable EVs in a market that is yet to see demand pick up. Only 3,400 electric passenger vehicles were sold in India in FY20, 6% less than the previous year
BUSINESS
Company procuring electric vehicles for govt firms sees worst performance in five years
Energy Efficiency Services records net profit of Rs 34.51 crore in FY20, a fall of 54 percent from FY19. Mounting receivables from PSUs said to be one reason. EESL’s total receivables, as on March 31, 2020, touch Rs 2,800 crore.
BUSINESS
Piaggio to step up play in the electric three-wheeler space; to launch first electric cargo vehicle by year-end
Demand from e-commerce companies for last-mile delivery vehicles has made manufacturers come out with electric three-wheelers in the cargo segment. Piaggio also sees positive response for swappable battery technology-enabled passenger three-wheelers.
BUSINESS
Is auto demand booming? Companies say yes, but dealers paint a different picture
The inauspicious Shraadh period has hit retail offtake, say dealers. Adhik Maas, an extra month in the Hindu calendar, and expectations of a GST cut have also impacted volumes, they say
BUSINESS
Is it high taxes? What really ails Toyota in India?
Company says halting expansion plans in the country because of high taxes. It later clarifies that it continues to be committed to the Indian market. Though the Japanese firm has an eight model line-up in India, Korean firm Kia Motors sold nearly two times more in August.
BUSINESS
Honda outsells Bajaj to clinch the second spot in the motorcycle lane in August
The Japanese auto giant recorded a 26 percent surge in its bike sales volume during the month, against just 3 percent for Bajaj
BUSINESS
In Pics | Ashok Leyland launched new LCV Bada Dost; take a look to know price, specifications and other details
The LCV is being launched initially in 7 states and will gradually be available pan India over the next 3 months. It is open for bookings and delivery through both, physical and digital platforms.
BUSINESS
This week in auto: Tractors become first to beat previous year’s sales even as cars, bikes struggle
Here is a complete look at what made headlines in the automotive space this week
BUSINESS
Luxury car sales are in free fall… But exotic ones are still in demand
This is the second year in a row that sales of luxury cars have tanked. This year’s performance is on cue to be the segment’s worst since tabulation of records began
BUSINESS
Hero MotoCorp’s ride into two-wheeler EV market faces family-pact speed bump
A Hero by any other name may not be as appealing. We look at how a family pact is preventing the Pawan Munjal-led Hero MotoCorp from using the famous Hero brand name to launch electric two-wheelers. The pact is proving a dampener as the company gears up to ride into the two-wheeler market on its own
BUSINESS
E-vehicle sales without batteries: Gadkari promises to discuss issue with auto industry
Manufacturers who make fixed-battery type vehicles have opposed the move to allow sale of EVs without batteries, stating that this would result in quality issues
BUSINESS
Kamath Committee report | Implementation is key, says auto sector
The report will come handy in resolving the borrowing related issues of the sector and financing of technology investments for the industry, say industry insiders
BUSINESS
Ather Energy shelves electric motorcycle plans as COVID-19 disrupts ride
The start-up aims to focus on strengthening its existing line-up instead. The pandemic has also disrupted its expansion into eight cities. Once that happens, Ather plans to roll out the 450X, India’s most expensive electric scooter, in these markets, with deliveries beginning in November
BUSINESS
In Pics | Honda launches Hornet 2.0 - check pictures, price and availability
Here are all the details you need to know about the Honda Hornet 2.0.
BUSINESS
In pics | A fancy hotel on wheels? Radisson rolls out Rs 50,000 a day luxury trailer
Conceptualised by Veteran Designer Dilip Chhabria, LuxeWheels has sufficient storage space to store one’s personal belongings, camping equipment, etc.
BUSINESS
Maruti Suzuki may double production from Gujarat; demand reaches 90% of pre-COVID levels
Another shift in Gujarat from August-September will push its total output up by 22%
BUSINESS
Ousted from Renault, Thierry Bolloré takes charge at Jaguar Land Rover at a crucial time
JLR is struggling, having recorded a GBP 469 million net loss in FY20, which was preceded by a GBP 3.3 billion net loss in FY19
