Automobile News

Toyota’s global sales and production figures include its Lexus luxury brand.

Vehicle Scrapping Policy launched with manufacturer discounts

Commercial Vehicle and Passenger Vehicle manufacturers have shown a willingness to offer discounts for a limited period of two years and one year respectively, says Centre

Ready to mass produce flex fuel vehicles, two-wheeler makers tell Nitin Gadkari

Representatives of Hero Moto, Honda Motor, TVS Motor and Bajaj Auto have reportedly told Minister Gadkari they are ready to start production of flex fuel two-wheelers, and have also sought a lower cost of fuel for such type of vehicles.

Scrap your old car & save big: Gadkari unveils new discount plan for new car buyers

Gadkari chaired a productive session of the (Society of Indian Automobile Manufacturers) SIAM CEO’s delegation meeting at Bharat Mandapam, New Delhi where he addressed critical issues faced by the automobile industry.

Expect more laws to boost domestic vehicle scrapping market in coming years, says Maruti Suzuki's RC Bhargava

Stricter norms and enforcement will create a market for outdated vehicles, he said. The chairman also outlined Maruti's plans which include a bevy of EVs soon and a new 1-million-unit plant. Bhargava is also very clear that the small car is not dead, and will see a strong revival within a couple of years

Bajaj Auto working on 100cc version of Freedom CNG motorbike

Industry analysts tracking the auto sector said that while it is technically feasible to build a 100cc CNG dual-fuel bike, there might be some teething troubles

Low cost, small cars necessary, any demand setback won't change strategy, says Maruti's RC Bhargava

Any setback in demand is not going to change Maruti's strategy for small cars, Chairman RC Bhargava said at the AGM.

Canada imposes a 100% tariff on imports of Chinese-made electric vehicles

Canada's move comes weeks after both the United States and the European Commission announced plans to impose higher import tariffs on Chinese EVs.

Bajaj Auto in launch overdrive, new CNG two-wheeler and Chetak platform coming, confirms Rajiv Bajaj

Rajiv Bajaj said that by end of the upcoming festive season, Bajaj Auto could see its clean energy vehicles portfolio cross the one lakh mark in monthly sales.

Empowering Indian consumers: Revolutionizing EV infrastructure across the nation

With home, community and public infrastructure, EV charging is becoming even more convenient and accessible.

MSI to expand Nexa sales network, add 100 outlets in smaller cities this fiscal

Maruti Suzuki India plans to grow its Nexa sales network to 650 outlets this fiscal, with a strong push into Tier II and Tier III cities. The company, which recently opened its 500th Nexa outlet in Bengaluru, aims to add 150 more stores, with around 100 in smaller cities.

Italy's Carraro Group-owned Carraro India plans Rs 1,812 crore IPO, files draft papers with SEBI

Carraro India IPO comprises solely an offer-for-sale of Rs 1,811.65 crore by the promoter Carraro International S E, a part of the Carraro S.p.A.

Hero Glamour 2024 unveiled at starting price of Rs 83,598: All about its new features, colours

The new Glamour 125 will be available in drum and disc variants and the price will be Rs83,598 for the drum variant of the bike and the disc variant will cost Rs 87,598 (Ex-showroom Delhi).

The Drive Report: Toyota Urban Cruiser Taisor

Does sheer brand equity help this badge-engineered alternative to the Maruti Suzuki Fronx stand-out?

TVS Motor banks on rural markets to drive scooter sales

The homegrown two-wheeler manufacturer expects the scooter segment to grow further and account for around 40 per cent of its overall two-wheeler sales.

Hyundai Alcazar SUV facelift revealed, bookings open ahead of September 9 launch

The new Hyundai Alcazar will come in 9 new striking color options including the new Robust Emerald Matte. With 4 distinct variants – Executive, Prestige, Platinum and Signature

TVS Motor launches new Jupiter 110 cc at starting price of Rs 73,700

The second-generation Jupiter by TVS Motor will be pitted against other 110 cc ICE scooters such as Honda Activa and Hero Pleasure Plus

Ford delays next-generation EV pickup production, cancels three-row SUV plans

The company expects the strategic changes to result in a special noncash charge of approximately $400 million due to the write-down of certain manufacturing assets linked to the canceled SUV.

Skoda India christens its new sub-4-meter SUV as Kylaq

The Czech carmaker had conducted a naming contest to select the name

Passenger vehicle dealers saddled with inventory worth Rs 73,000 crore countrywide, claims FADA

The auto retail body has said that the vehicle stockpile has climbed to 70-75 days now as against the ideal inventory of 30-35 days.

Hero MotoCorp looking to sharpen focus on ICE and EV scooters, widen portfolio in premium motorcycles

CEO Niranjan Gupta says that the company's EV range will expand into the mid and affordable segment by the end of this financial year.

Fundamentals will not justify Ola Electric's share price, says Raamdeo Agrawal

Raamdeo, however, is not writing off the incumbents of the two-wheeler business - Hero Moto and Bajaj Auto, and expects them to become strong players in the EV space at 'some point of time'.

Royal Enfield counting on new launches and first-time buyers to drive up volumes

The middleweight bikemaker is also betting big on Hunter 350, which was launched in August 2022, and is incidentally its most affordable motorcycle (priced at Rs 1.5 lakh)

BPCL plans Rs 1.7 lakh crore spend to expand core business, new energy foray

Bharat Petroleum Corporation Ltd currently owns about 14 percent of India's oil refining capacity and about a quarter of the fuel retailing network.

TVS Motor Co to expand electric 2W sales in both developing, developed markets: CEO

The company will leverage on its plant in Indonesia to cater to other neighbouring markets in the ASEAN region, where it has started selling its electric scooter TVS iQube last year

Maruti to raise deferred tax liability provision by Rs 850 crore in Q2 on indexation removal

The company was making accounting provisions for deferred tax liability on fair value gains on these investments, Maruti Suzuki India said in a regulatory filing.

The Drive Report: Mahindra Thar Roxx

A highway worthy, family-friendly, bonafide SUV for the ages

Mahindra looks to disrupt the SUV market with an aggressively priced Thar Roxx

Experts believe that M&M's aim to lead the Rs. 12.5+ lakh SUV segment is ambitious but not unrealistic.

Hyundai launches new variant of Venue with electric sunroof at Rs 9.35 lakh

The new variant of Venue will be powered by 1.2 L Kappa Petrol engine with manual transmission, the Hyundai VENUE S+ variant comes equipped with features like: Smart Electric Sunroof, Digital Cluster

High-End Hesitation: Luxury automakers wary of new EV policy amid demand jitters

Luxury carmakers feel the Indian market has not yet evolved to a point that justifies investment in the local manufacture of premium EVs, which cost Rs 50 lakh and above.

Mahindra rolls out Thar Roxx at Rs 12.99 lakh, to commence deliveries in early October

M&M has invested around Rs 1,100 crore in the development, including creating additional production capacity for the five door Thar, which was designed at the Mahindra India Design Studio (MIDS) in Mumbai

Ola Electric launches e-motorcycle series 'Roadster' starting at Rs 74,999

Ola Roadster X price: CEO Bhavish Aggarwal, at the company's ‘Sankalp 2024’ event, said that the delivery of the Roadster Pro will begin in Diwali next year while the Roadster X and Roadster will be available from January 2025.

Mahindra & Mahindra unveils all-new Thar Roxx

The starting price for the base petrol model of the Thar Roxx is set at Rs 12.99 lakh, while the base diesel model begins at Rs 13.99 lakh.

EV competitiveness is based on mastery of design by the manufacturer

The vertical design integration model works on the premise that in the automobile industry value chain, the biggest opportunity to reduce cost is at the design stage and not so much in manufacturing

Ola Electric's first motorcycle to be unveiled on August 15. Here's all you need to know

The company is yet to reveal the price of the motorcycle but there is talk of the vehicle being priced between Rs 1.5 lakh and Rs 2 lakh

Passenger car sales shrink in July, SIAM bets on monsoon, festive demand

The two-wheeler segment registered a decent sales growth of 12.5% in July 2024 as compared to a year ago at 14.42 Lakh units, said SIAM.

Maruti Suzuki commences export of Made in India Fronx to Japan

Fronx is the second model from Maruti Suzuki to be exported to Japan, after Baleno in 2016.

With E-Class launch, Mercedes Benz expects sedan share to rise to 50% of total sales

Once launched, the E-Class LWB will be taking on the just-launched BMW 5 Series LWB and soon-to-be-launched Audi A6. Estimated to be priced upward of Rs 80 lakh (ex-showroom), the luxury saloon will be available in both petrol and diesel options.

Government awaits FAME II dues worth Rs 300 crore from Hero Electric, Okinawa and Benling

To be sure, OEMs which are yet to repay the government, have contested the government’s claims and some of them have already taken legal recourse to resolve the issue.

Jaguar Land Rover begins deliveries of locally-manufactured Range Rover Sport

With this, the complete Range Rover portfolio is now made-in-India, the company said.

2024 Royal Enfield Classic 350 unveiled with upgrades before September 1 launch

The bookings and test rides of the 2024 Classic 350 across stores, will start on September 1, when the prices for all the variants will also be revealed

TVS Motor to spend Rs 2,200 crore on capex, product development, launches during FY25

The Chennai-based company is eyeing a double-digit growth in volumes during this fiscal, on the back of a revival in the rural markets.

BSA Motorcycles to make India debut on August 15, launch flagship Gold Star 650

BSA was relaunched in 2021 and expanded its reach to 23 countries across Europe and the UK. The brand is owned by Classic Legends, whose portfolio also boasts of Jawa and Yezdi motorcycle brands.

Kinetic Green raises $25 mn from Greater Pacific Capital

The Pune-based company plans to utilise the funds towards scaling up production at its manufacturing facility in Supa (Maharashtra), marketing and distribution of its current products including the recently-launched E-Luna, and towards research and development of new products, it said in a statement.

Mahindra Thar Roxx reveals two new colours ahead of 15 August launch

Inside, the new Mahindra 5-door Thar will carry several modern features such as a digital instrument cluster, a 10.25-inch infotainment system, along with ADAS Level 2.

Amara Raja to scout for external funding for its EV battery business, may explore an IPO

Amara Raja Advanced Cell Technologies is building a 16 GWH lithium-ion cell production and battery pack assembly facility in Telangana. After attaining 50 percent of the desired output, it will look for stake dilution.

Lamborghini bets big on India's long-term potential

With the company selling a record 103 units in India in 2023, Automobili Lamborghini Asia Pacific Region Director, Francesco Scardaoni said his wish is to cross the annual sales mark of 150 units in the country in 2026

Amara Raja inaugurates EV battery pack plant, to commence cell manufacturing next year

Amara Raja Energy & Mobility is establishing its Gigacorridor for battery pack and cell manufacturing with an overall capacity of 5GWh and 16GWh respectively by 2029.