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
BUSINESS
Bajaj Auto Q3 results: Market share of 20.3% best in more than three years
Bajaj surprised the market with an Rs 2,000 cut in prices of CT100, the most affordable motorcycle in the industry.
BUSINESS
Ceat lines up Rs 1,700cr capex for FY20, reduces capex for FY19
The Mumbai-based company would now be spending around Rs 1,100-1,150 crore this year as against its capex guidance of Rs 1,500 crore provided in July
BUSINESS
Mahindra in dilemma over timing of switchover to BS-VI trucks
Estimates suggest there will be an increase of around Rs 4-5 lakh per truck
BUSINESS
Bajaj Auto wants to go the Apple way, hints at no new company-owned factories
Rajiv Bajaj, the chief of Bajaj Auto, believes his company’s job is to design products and not run factories
BUSINESS
Maruti Suzuki discounts at all-time high, but Ertiga has 7-month wait period
The maker of Swift and said average discounts per vehicle in the December quarter stood at Rs 24,300, 30% higher than second quarter
BUSINESS
India's first Marriott hotel to make way for an upgrade in Mumbai
The hotel will be rebranded to Starwood Hotels-owned brand.
BUSINESS
Exclusive | Tata Motors may launch its first fully electric vehicle in 2020
The electric version of Tiago, Tata Motors' top-selling model, was set to debut in 2017 but was put on the backburner.
BUSINESS
Exclusive: Maruti Suzuki to shift to rupee royalty pay from yen by 2022
This will be a major shot in the arm for the Indian company as it will negate the vagaries in foreign exchange
BUSINESS
TVS Motor to launch electric vehicle in FY20
The Chennai-based company has already showcased a few fully electric two and three-wheeler concepts at the Auto Expo
BUSINESS
New orders to get Ashok Leyland 50% share of state transport buses
The company received a boost of 2,580 new orders from three state-owned transport corporations valued at Rs 300-390 crore
BUSINESS
Maruti Suzuki looks to promote Eeco as it phases out Omni
In its 35th year of uninterrupted production the Omni will be replaced by its bigger and much younger cousin Eeco
BUSINESS
Daimler’s BharatBenz beats industry CV growth in 2018
Sales under the brand BharatBenz grew to 20,500 units during January-November 2018 period as against 15,200 sold in same period in 2017
BUSINESS
Why is the Modi govt lagging in auto reforms?
Several of the government’s promises aimed towards reforming the automotive sector remain a pipe dream
BUSINESS
Lower room supply, increasing demand to push up hotel rates: CARE Ratings
The pipeline of new room supply totaled 114,466 rooms back in FY08 , whereas in FY18 it contracted significantly to just 49,380 rooms
BUSINESS
TVS Motor's premium bike foray on rocky road despite BMW tie-up
Though TVS had built its brand image in the premium motorcycle market with brand Apache more than 25% sales continue to come from mopeds
BUSINESS
This week in Auto: New car demand skids, Hero seeks GST cut on two-wheelers
Hsere is the list of all the major automotive developments of the week
