BUSINESS
Exclusive: Tata Motors in talks for electric mini trucks; also developing hydrogen tech, says Girish Wagh, Head of Commercial Vehicles
Tata Motors is in talks with potential clients for development of electric vehicles for commercial applications such as goods delivery, Girish Wagh told Moneycontrol in a wide-ranging interview
BUSINESS
Got revenge travel plans for the year-end? Get ready to spend a fortune
Affordable rooms in go-to properties at top national destinations such as Goa, Kerala, Andaman and Rajasthan are pretty much sold out. For the hotel industry, which has been battered by the Covid pandemic, the peak season bookings come as a relief
BUSINESS
TVS Group begins the arduous task of simplifying ownership structure
The rearrangement of shareholding of TVS Group will help the next generation of entrepreneurs branch out to newer investment areas
BUSINESS
Harley-Davidson's sudden exit leaves bike owners high and dry
Many bike owners learnt about the company’s exit from India on Sept 24 from news articles. Service support, spare-parts availability to the 25,000-odd bikes it has sold in the country an issue.
BUSINESS
Why Vespa-maker Piaggio isn’t ready to go electric in India yet
The electric version of the Vespa, which the Italian company sells in Europe, got a good response at the India Auto Expo. However, inability to scale up component sourcing within India to 100 percent has made Piaggio fight shy in launching EVs in India
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
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
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
Unlock 1.0 | Hotels prepare to welcome guests with free meals, discounted stays
Premium and luxury-class chains have rolled out some offers, many of which were seldom part of any holiday packages earlier.
BUSINESS
Bajaj beats Hero to become India’s largest two-wheeler manufacturer
The maker of Pulsar and Chetak sells more vehicles outside of India than in India.
BUSINESS
This exotic cars dealer clocked more sales in lockdown than any other company
Big Boy Toyz, a dealer in used cars and premium bikes, sold around 12 cars last month worth a total of Rs 12-13 crore
BUSINESS
Coronavirus lockdown | No EMI for 12 months: Car-makers pull out all stops to lure back buyers
Automakers are desperate to get back on track after having sold zero vehicles in over 40 days
BUSINESS
COVID-19 impact | Indian auto industry pushed back by four years
If there is no direct government intervention to uplift demand then the auto industry is staring at its worst year ever.
BUSINESS
Post-COVID-19 business: Auto dealerships reopen after more than 40 days of lockdown
Many automotive dealerships located in Karnataka, Goa, Orissa and the North East have reopened, according to a senior functionary from the Federation of Automobile Dealers Association.
BUSINESS
Coronavirus impact | For the first time ever, India set to report zero automotive sales in April
From producing an average of 2.19 million units a month in FY20 these factories were brought to a complete halt in April
BUSINESS
BS6 Switchover | Last chance to avail hefty discounts on cars, SUVs and bikes
BS4 stocks are to become obsolete from April 1 onwards as India adopts BS6, the most advanced emission norm in the world
BUSINESS
Budget 2020 | Reduction in GST tops demands of auto industry
Manufacturers have suggested a slew of measures to the Finance Minister with a hope to see a turnaround in coming months
BUSINESS
Sales of German luxury car brands hit their lowest levels in three years
Mercedes, BMW and Audi posted sales of 28,021 units in 2019, a slump of 26 percent compared to 2018.
BUSINESS
KTM to piggyback Bajaj Auto to boost volumes by 50% in 3 years
KTM, which had finished 2018 with global volumes of 261,529 units, forecasted sales of 400,000 units by end of 2022.
BUSINESS
Recalls due to vehicle safety hit 3-year high; Maruti Suzuki tops the charts yet again
The recalls this year was higher by 30% compared to 2018 and four times compared to 2017
BUSINESS
Strategy 2025: Hyundai may expedite electric vehicle launches in India
The company is looking to launch its first mass-market electric vehicle within the next three years
BUSINESS
It's a discount mela! Carmakers increase year-end discounts, lure buyers with never-before offers
Maruti Suzuki, Hyundai, Mahindra, Honda, Tata Motors and Fiat Chrylser have increased discounts in December by Rs 10,000-Rs 1.77 lakh under different promotional schemes compared to November
BUSINESS
First Bajaj Auto-Triumph bike to be ready by 2022, agreement to be signed before December
UK-based Triumph said it has already developed a prototype, which has been undergoing several rounds of testing
