BUSINESS
Royal Enfield launches Bullet Trials 350 and 500; see photos here
The Royal Enfield Bullet, one of its oldest brands, gets a much needed identity fillip with the launch of the Bullet Trials in 350 and 500 versions. The brand pays tribute to the legendary Royal Enfield factory riders’ team and to Trials Wizard of 1949
BUSINESS
Foreign carmakers' love affair with India goes sour as many brands exit
AMW, Ssangyong Motor Company, Eicher Polaris, Scania, Premier, MAN and General Motors are some of the brands and companies who have shut shop in India completely or partially in the vehicle manufacturing space.
BUSINESS
Carmakers grapple with unsold inventory, hike prices
The price hikes coincide with retail sales (sales from dealers to final buyers) hitting new yearly lows.
BUSINESS
This week in Auto: Toyota, Suzuki expand alliance; FY19 could be the year of Bajaj Auto
Here is the list of all the important developments in the automotive space this week
BUSINESS
Celebrity endorsements fail to bring cheer to struggling car companies
Though companies call the association with celebrities as a long-term brand-building strategy, there is no clear evidence of that as sales continue to go downhill
BUSINESS
Bajaj, KTM to ‘deepen alliance’, tap future mobility options under project 2.0
Bajaj has termed the next phase of the alliance as KTM-Bajaj 2.0 however there were no strategic details
BUSINESS
Here's why the shift to BS-VI entails more than what meets the eye
One of the other challenges for the industry is the issue availability of fuel from an earlier date. Though the automobile industry is hoping to have BS-VI fuels from January 2020 itself a technical issue seeks the fuel to be ready by October itself
BUSINESS
The Leela story: How the Nair family lost keys to its hospitality treasure
Even before Nair's demise, the company had already sold off its luxurious Kovalam property and an IT Park in Chennai. But the high level of debt forced the company to keep exploring sale of properties.
BUSINESS
MG Motors electric SUV eZS to be priced below Rs 25 lakh, launch in December quarter
The MG Motors eZS can travel 428 km on a full charge if driven at an even speed of 60km/hour
BUSINESS
This week in Auto: Fiat nearly out of market; Mahindra-owned SsangYong powers ahead despite losses
Here is the complete look at the top stories automotive of the week:
BUSINESS
No India vehicles among 44,000 cars recalled by JLR in UK
Regulators in the UK found these cars to have been emitting more carbon-dioxide than earlier thought
BUSINESS
Consumer sentiment weak, don't see it reviving soon, says Auto Dealer Association
Inventory days (unsold stock with the dealer) have risen to two months for cars and three months for bikes, while there is a working capital squeeze due to reluctance from banks to lend, says Ashish Kale, President, Federation of Automobile Dealers Association
BUSINESS
Fiat production down to zero in February; decks cleared for India exit
FCA India produced zero Fiat-branded cars from the Ranjangaon, Maharashtra plant in February. However, the plant continues to make the Compass SUV under the Jeep brand, owned by FCA India.
BUSINESS
Exclusive: SsangYong Motor, M&M's Korean unit, to boost product launches with around $1 billion war chest
Current funding will take care of SsangYong’s capital expenditure needs for the next three-to-four years
BUSINESS
This week in Auto: Mahindra unveils the Battista beast, Maruti’s iconic Gypsy drives into the sunset
Here's a look at what made headlines in the auto space during the week.
BUSINESS
We don't intend to get into hatchback segment: Gaku Nakanishi, CEO, Honda Cars India
In an interaction with Moneycontrol, Gaku Nakanishi, president and CEO of Honda Cars India, spoke at length about his company's vision and the Indian market.
BUSINESS
Rush to meet BS VI deadline forces carmakers to forge alliances with rivals
By sourcing engines from another company carmakers are able to keep product development, variable and fixed costs low
BUSINESS
Apollo Tyres doubles FY20 capex to Rs 3,000 crore
Apollo Tyres’ seventh global manufacturing factory coming up in Andhra Pradesh will see an initial investment of Rs 1,800 crore.
BUSINESS
Tata Motors, M&M in a fix over government’s shifting policy stance on hybrids
Both Mumbai-based companies are advancing towards full electrification and thus do not have any significant plans for hybridisation of their products
BUSINESS
Buyers switch to high mileage bikes as petrol prices, third-party insurance premiums head north
Buyers preferred to switch to cheaper and more fuel efficient 100cc budget bikes than opt for 125cc bikes. On an average, budget bikes give a mileage of 75-80 km per litre as against 60-65 km for 125cc bikes
BUSINESS
Auto wrap: Govt doles out package for EVs, disincentivises private buying
Here is the complete list of top auto stories of the week.
BUSINESS
Peugeot to bring electric cars in its India debut in 2021
PSA invested in developing a modern vehicle platform called Common Modular Platform
BUSINESS
MRF workers call off agitation after management agrees to hike wages
The agitation, which began on February 8 over demands for wage revision and removal of CCTV cameras from certain areas, ended on February 25.
BUSINESS
Mahindra Glyd-es into Mumbai's app-based taxi business; to rival Uber, Ola
Though brand Glyd is owned by M&M the fleet will be owned by third party companies and drivers and not Mahindra
