BUSINESS
Royal Enfield workers end stir at Chennai plant on Saturday; production loss pegged around 3,000 units
This move comes after the company’s management, which termed the strike illegal, has claimed to have given transfer orders to five more workers
BUSINESS
This week in Auto: Two-wheeler companies struggle with high inventory; electric three-wheelers make a beeline
Here is the complete look at what created news in the auto space this week.
BUSINESS
Jumeirah Hotels still scouting properties in India
The operator of Burj Al Arab is keen to have a property in either Mumbai, Delhi or at resort locations such as Goa and Kerala however it has not yet found the ‘right partner'
BUSINESS
Toyota looking at self-charging EVs as future of mobility in India
Its cooperation agreement with Suzuki Motor Corporation for sharing of vehicles and joint development of technologies is a step towards introducing the self-charging electric vehicle in India
BUSINESS
Steering Tata Motors to dominance: Tata Sons chief Chandrasekaran has his task cut out
While the Chairman is taking corrective measures within the walls of JLR, there are other bigger and more challenging issues that threaten to undermine his efforts.
BUSINESS
Growth slowdown: Two-wheeler companies, dealers struggle to liquidate stock; inventories rise by 4 weeks
Some dealers are even carrying inventory, which are more than a year old
BUSINESS
This week in Auto: Daimler India drives in profits, Mahindra in launch juggernaut mode
Here is the brief list of all the major developments in the auto space
BUSINESS
Daimler India’s truck company records profit for first time; to launch 52 vehicles in 2019
The turnaround also comes at a time when two of Europe’s biggest truck and bus brands MAN and Scania shut operations in India after unsustainable losses
BUSINESS
Heavy truck major Ashok Leyland earmarks Rs 1,000 crore capex with focus on light trucks
The Chennai-based company will be investing around Rs 1,000 crore
BUSINESS
Credit tightening, elections may restrict luxury car growth in 2019: Volvo India MD
Volvo will be three new plug-in hybrid due to launch in three years
BUSINESS
Royal Enfield to double 650 twins’ production as waiting period widens to 6 months
Launched in November, Royal Enfield's debut in the 650cc category with the Interceptor and Continental GT has been received encouragingly by all the markets including India, a top company official said.
BUSINESS
Future bleak for Navi, Cliq as Honda says it won't upgrade all models to BS-VI
Honda, which manufactures and sells India’s best-selling two-wheeler Activa, has a portfolio of 24 models
BUSINESS
Clash of titans: Royal Enfield dares challenger Jawa to 'try harder'
"There will be copycat types and there will be people doing totally different things and that is part of a competitive nature"
BUSINESS
Exclusive | Not looking for any GST rate reduction on two-wheelers: Pawan Goenka, Mahindra
He said that the current rate of GST on two-wheelers is at par with the earlier tax rate of excise and VAT, and does not require changes.
BUSINESS
This week in Auto: Tata Motors' loss scales new peak; wholesale vs retail battle
In today’s wrap of the week, we look at why a section of the industry feels disenchanted by the way the industry has been at work.
BUSINESS
Honda in favour of two GST slabs for two-wheelers
Two-wheeler companies have supported a plea for reducing GST on some two-wheelers having engines of certain size
BUSINESS
EXCLUSIVE: Bajaj Auto to roll out Husqvarna before September, Triumph takes a back seat
Triumph motorcycles won't debut before 2021
BUSINESS
EXCLUSIVE: Bajaj Auto’s electric vehicle brand Urbanite to debut in 6-9 months
A new dealer network from scratch will be set up for the electric vehicle foray
BUSINESS
Egypt wants to wean away Bajaj Auto’s rickshaw drivers to help build a new Cairo instead
Nearly a fourth of Bajaj Auto’s three-wheeler overseas shipments head to Egypt, making it the second largest market in the world for the Pune-based company after Sri Lanka
BUSINESS
Budget 2019: Government reduces subsidy for electric vehicles by 25% to Rs 195 cr
This is the first such sequential drop in provision provided by the government since the launch of FAME scheme.
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
