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
BUSINESS
Market share at all-time low but Tata Motors aspires to enter league of top three
If it has to get even to the third spot, currently occupied by Mahindra & Mahindra, Tata Motors will either have to almost double its FY20 market share or hope other companies lose share
BUSINESS
New factory in Rajasthan, electric cruise scooter on track: Okinawa
Company will also launch the Oki100 fully battery electric bike, which will be priced under Rs 1 lakh. It will be the cheapest electric motorcycle in India. Expansion plans got delayed only by a quarter, says top executive.
BUSINESS
Bajaj Auto to take a ‘limited approach’ towards electric vehicles
High battery costs limiting development of category, says Executive Director; Supplies from China, which dominates the battery market, could also become erratic after recent border tensions
BUSINESS
This week in Auto: For Rahul Bajaj, e-meet is not as good as real AGM; Chandrasekaran warns of uncertainties at JLR
Here is a complete look at events that made headlines in the auto space during the week.
BUSINESS
Demand almost 95% in July: Bajaj Auto ED Rakesh Sharma
Certain urban markets are underperforming because of lockdown-related measures but rural demand has compensated for the shortfall
BUSINESS
Bajaj Auto to open design centers in Europe, Bangkok; plant in Brazil
The two design centres will be the first by Bajaj Auto outside of India.
BUSINESS
Hoteliers must chase Indian tourists if foreign travellers stay away: Oberoi Hotels Chairman
Around 80 percent of the demand for hotel rooms in India is generated by domestic travellers.
BUSINESS
Auto distress? These 2-wheeler company bosses gave themselves fat pay hikes in FY20
Beginning with an economic slowdown, which was exacerbated by the Covid pandemic at the end, FY20 was a tough year for India’s auto sector. But that didn’t stop top executives at some 2-wheeler makers from riding away with pay hikes
BUSINESS
Tata Sons Chairman Chandrasekaran warns of uncertainties for Jaguar Land Rover
To prepare for the future JLR is taking the route of partnerships in areas such as driverless cars and electric mobility
BUSINESS
Nobel laureate Muhammad Yunus may work with Niti Aayog to create new micro finance system
Muhammad Yunus could work with the Niti Aayog to frame a proposal for making funds more accessible to the poor
BUSINESS
As large and stylish become hot favourites, SUVs put compact luxury cars on the death lane
Small luxury cars were once the volume generators for the automotive industry. Today, companies are pulling them out of showrooms. Mercedes-Benz India, for example, has phased out three of its four models in less than a year.
BUSINESS
Demand hits new peak at Hyundai as company starts third shift
Restarting the shift means company well on way to hitting peak capacity. Demand shoots up its cars substantially in June, led by the all-new Creta SUV
BUSINESS
This week in Auto: Has real demand picked up?
Here is a detailed look at what made headlines in the auto space this week.
BUSINESS
Exclusive | Tractor sales in June hit third highest in 30 months
Record water levels in the reservoirs and expectations of a good monsoon is boosting tractor demand
BUSINESS
VE Commercial Vehicles develops technology to remotely access truck and diagnose faults
Telematics, a new concept to the Indian trucking industry, can help repair vehicles within four hours of receiving complaint
BUSINESS
At Rs 11,000 crore, outlay by auto companies hit multi-year low
As per the capex guidance provided by 12 listed companies there is a 40-42 percent reduction in capex for the year
BUSINESS
Taj Hotels cannot yet check into Sea Rock even after a 11-year-old wait
Company asks shareholders to wait for two more years. Environment clearance, PIL and permission for direct access from below the Bandra-Worli Sea Link to Taj Lands End main irritants.
BUSINESS
As Aurangabad goes into lockdown, questions raised on Bajaj Auto's Waluj plant
The Waluj plant, which reopened on June 24 after a month long shutdown, employs more than 8,100 employees and contractors
BUSINESS
Maharashtra easing lockdown curbs; hoteliers divided over 33% cap
Hoteliers will now be able to open hotels whose inauguration was stuck due to the lockdown
BUSINESS
Audi India head says luxury cars may benefit from the absence of luxury holidays
Q&A with Balbir Singh Dhillon, Head of Audi India
