BUSINESS
Auto industry bucks trend in November, posts 16% surge in sales
A low-base effect following demonetization, continued demand from the rural segment and robust pick-up for new models has helped vehicle makers during last month.
BUSINESS
Hyundai scraps plans of launching hybrid sedan Ioniq in India
Hyundai’s petrol electric hybrid sedan Ioniq will not be coming to India next year as the Korean company feels that high taxes on hybrid cars have rendered them impractical.
BUSINESS
More companies say no to Auto Expo, claim costs prohibitively high and returns low
Vehicle making companies who have decided against participating in the Auto Expo next year has ballooned more than four times compared to the previous edition of the biennial extravaganza. In the 2016 Auto Expo seven companies had opted out.
BUSINESS
Tata Motors to launch new mid-size SUV next year with an eye on Creta, Captur
While prices of the Nexon starts at Rs 5.85 lakh and that of the Hexa at Rs 11.72 lakh, the starting price of the new SUV is expected at just under Rs 8 lakh, as per market sources.
BUSINESS
Renault Kwid electric in the works for India
Ghosn claimed to have also driven a prototype of the ‘very well engineered and low-cost car’ indicating that the vehicle is in advanced stages of development
TECHNOLOGY
TVS to launch Apache RR 310 bike on Dec 6, to challenge Ninja 300
Developed alongside partner BMW the Apache 310RR will catapult the Chennai-headquartered company into the league of performance motorcycle segment presently dominated by Japanese brands
TECHNOLOGY
Slideshow: 6 bikes that might take your breath away
Bikes took the limelight this week as various top brands unwrapped sporty roadsters. While a majority of the six cruisers on the slide show were showcased, one was launched in India, the other is yet to hit the roads.
BUSINESS
Bajaj Auto may hike prices in Jan, expects Maha govt to reimburse Rs 1500 cr in tax
Pune-based Bajaj Auto is contemplating a hike across product range, which will perhaps come in January, to offset some of the input cost pressures suffered in the second and third quarters.
BUSINESS
Bajaj targets 24% market share by March, capex of Rs 250-300 cr next year
Bajaj Auto, India’s fourth largest two-wheeler maker, is confident of closing the financial year with a market share of 24 percent on the back of the launch of a new model and a few upgrades.
BUSINESS
As govt’s EV push kicks into next gear, 5L electric cars may be rolled out for babus
Government offices, state-owned companies and institutions together which use around 500,000 petrol and diesel-powered vehicles, will be encouraged to switch to electric mobility over the next 5-6 years.
BUSINESS
Hero MotoCorp may be hit most from Karnataka ban on pillion-riding bikes with small engines
Nearly half a dozen of Hero Motocorp, India’s largest two-wheeler maker, could get impacted from this ban.
BUSINESS
Why does Bajaj Auto continue to persist with a money guzzler?
CT100 makes losses but the humble auto-rickshaw earns the best of profits.
BUSINESS
Auto weekly wrap: Porsche launches 911 GT3, Volvo begins India assembly
Here is the complete wrap of all the important developments in the Auto sector during the week
BUSINESS
Daimler hoping to make India biz profitable next year, aims for 20% share by 2020
DICV is targeting a 20 percent market share in heavy-duty trucks and a ‘double digit’ market share in medium-duty trucks segment by 2020.
TECHNOLOGY
Dzire retains number 1 position in September, increases lead over Alto
Dzire clocked 34,305 units last month, an increase of 81 percent over the same month last year
BUSINESS
It could be curtains for budget diesel cars after BS-VI norms kick in
Auto cos say making diesel tech affordable under BS-VI norms a challenge.
TECHNOLOGY
Volvo starts assembly in Bengaluru, aims to double share to 10% by 2020 via new launches
Volvo plans to launch the XC60 followed by the compact SUV XC40 in India
TECHNOLOGY
Luxury car sales in the 9 months to September hit high gear despite cess setback
Mercedes-Benz, the country’s largest luxury car maker, ended September with the best-ever growth with sales with volumes rising 41 percent
BUSINESS
We will lose money on every electric car we supply to EESL: M&M's Pawan Goenka
Goenka declined to reveal the financial impact the company was willing to take. However, he mentioned that the M&M car was more powerful and bigger than the Tata Motors car.
BUSINESS
Bajaj Auto becomes most valuable bike-maker, pips Eicher Motors
Royal Enfield had overtaken Bajaj Auto in August after domestic and export volumes of the maker of Pulsar and Avenger bikes came under sustained pressure
BUSINESS
Upset for Royal Enfield? Union says Ducati not up for sale
The labour union representing super sports bike maker Ducati has opposed the sale of the company and has asked owner Volkswagen to retain the cult brand, which Audi had bought in 2012.
BUSINESS
As electric vehicle pitch rises in India, here's why Maruti is waiting and watching
Maruti Suzuki will continue to focus on petrol, diesel hybrid cars and may not have any immediate plans of venturing into electric vehicles
BUSINESS
This week in Auto: Tata Motors pips M&M to win govt's electric vehicles contract; JSW Energy joins EV bandwagon
Here is a list of the crucial developments in the automotive space.
TECHNOLOGY
Nissan moves India MD to advisory role, reshuffles two more portfolios
The latest shake-up in roles is believed to be aimed at putting the company back on growth path.
