Automobile News

A new package, familiar tricks and the timeless appeal of increased fuel efficiency sums-up the new Swift.

TVS Motor Co starts operations in Italy

The company is expanding its operations in Italy via its branch office, TVS Motor Italia, headed by Giovanni Notarbartolo di Furnari, TVS Motor Co said in a regulatory filing.

No plans to acquire any startup in e-motorcycle biz, says Eicher Motors MD and CEO Siddhartha Lal

The Eicher Motors MD & CEO said that since the market is "not gagging” for electric motorcycles, he is not in a “tearing rush” to launch them

M&M receives 50,000 bookings for newly-launched XUV 3XO within 60 minutes

The company received 27,000 bookings in the first 10 minutes itself, which demonstrated 'incredible enthusiasm for Mahindra’s new SUV', said the carmaker

TVS Motor launches electric two-wheeler iQube in Bengaluru

The company also said it is ready to deliver TVS iQube ST to customers, starting from Wednesday in the city

Mahindra XUV 3XO's bookings commence, deliveries to begin from May 26

Once launched, Mahindra XUV 3XO will be taking on Tata Nexon, Hyundai Venue, Maruti Brezza and Kia Seltos

Our investments will be for both ICE and EVs: K.N. Radhakrishnan, TVS Motor Co ED & CEO

The company, which posted its highest ever vehicle sales, revenue and net profit in FY24, has earmarked capex of about Rs 1,000 crore in FY25

Europe's Stellantis and China's Leapmotor will sell electric cars in Europe from September

Sales will begin in September for Belgium, France, Italy, Germany, Greece, Netherlands Romania, Spain and Portugal, Stellantis CEO Carlos Tavres said at a news event in Hangzhou

Suzuki says will continue to expand SUV portfolio to recover market share in India

The company said it plans to secure a production capacity of around 40 lakh units in India by FY2030

TVS Motor launches new base variant of iQube for Rs 94,999

The automaker will also launch TVS iQube ST, which will come in two variants - 3.4 kWh and 5.1 kWh, the latter being the largest battery pack in the segment.

Hyundai ties up with Laxmi Group to commence Venue production in Nepal

The plant, the first automotive assembly facility in Nepal, has an annual installed capacity of 5,000 units.

Maruti Suzuki launches 2 new variants of compact SUV Fronx starting at Rs 8.93 lakh

The model has been instrumental in more than doubling the company's SUV segment share to 19.7 per cent last year from 10.4 per cent in 2022

Maruti Suzuki expects over 30% jump in CNG vehicle sales at 6 lakh units in FY25

The company sells CNG trims across various models like WagonR, Brezza, Dzire, and Ertiga, among others in the domestic market

Royal Enfield’s competitors have increased focus on the premium bikes segment: Eicher Motors MD and CEO Siddhartha Lal

With a virtual monopoly in the 250-750cc motorcycle market for many years, the company recently faced competition from new motorcycles such as the Triumph Speed 400, Harley Davidson 440X,  Hero Mavrick 440, and Bajaj Pulsar 400.

Tata Nexon gets new entry-level trim, price starts at Rs 8 lakh

Nexon continues to evolve with its diverse range of trims and variants, catering to a large set of buyers

Tata Motors earmarks Rs 43,000 crore for product development, new technologies during FY25

The investments will be largely made on building products and platforms, than on output expansion or on debottlenecking of existing capacities.

JLR's Range Rover Q4FY24 sales at record, upcoming electric model has a wait list

The wait list for the electric Range Rover had opened in December last year, and JLR claims it already has over 28,700 sign-ups for the model.

Tata Motors Q4 net profit more than triples to Rs 17,407 crore on strong vehicle demand, revenue up 13%

Tata Motors says India business is now debt free and the company is on track to become net automotive debt free in FY25.

Swift to expand premium hatchback segment, not cannibalise any other models: Maruti Suzuki

The fourth generation Swift will be taking on another superhatch Hyundai i20 ( Rs. 7.04 - 11.21 lakh price range) and can also be subscribed for Rs 17,436 per month

Maruti Suzuki rolls out 4th-gen Swift starting at Rs 6.49 lakh; available also on monthly subscription of Rs 17,436

The fourth-gen Swift continues to be underpinned by the ‘Heartect’ platform that also underpins Brezza, Baleno, Fronx, XL6, etc

TVS Motor Q4 net profit rises 18% to Rs 485 crore

The Chennai-based two-wheeler manufacturer’s revenue from operations jumped by 24 percent to Rs 8,169 crore in Q4FY24

Hero MotoCorp's Xoom to launch by September, CEO promises 'big strides' in EV

The new launches are aimed at boosting the scooter portfolio and help gain market share, Hero MotoCorp CEO said.

Hero MotoCorp Q4 net profit rises 18% to Rs 1,016 cr, declares Rs 40 dividend

The two-wheeler manufacturer's revenue rose 15 percent to Rs 9,519 crore in Q4FY24 as compared to Rs 8,307 crore in Q4FY23.

PV retail sales rise 16% to 3.35 lakh units in April: FADA data

According to FADA president, the PV category experienced double-digit YoY growth, supported by enhanced model availability and favourable market sentiments, particularly around festive events like Navratri and Gudi Padwa

Magenta Mobility partners Switch Mobility to deploy eLCVs in mid-, last-mile delivery space

Magenta signed an initial pact with Switch Mobility to deploy 500 units of its recently launched eLCV leV4 pan-India over two years.

Porsche India sales rise 15% to 244 units in Q1 2024

In 2023, Porsche India had clocked in highest ever annual sales with 914 units. It had sold 779 units in 2022.

More layoffs at Tesla! EV major gives pink slips to staff in software, service teams

Last month, the electric vehicle maker had announced a 10 percent reduction in its global workforce, following which the firm fired senior executives and nearly 500 team members of its Supercharger business.

New MotoGP rules applicable from 2027 seek to make races safer

The engines' maximum bore will also be reduced from 81 to 75 millimetres, further limiting their performance, they said in a statement

Mahindra, Tata Motors receive record patent approvals in FY24

M&M's patents cover a range of functions, such as powertrain (ICE & EV), vehicle mechanical systems, electronics, manufacturing processes, electric tractors, and advanced engineering, among others.

Porsche India rolls out next-gen Panamera supersport sedan at Rs 1.70 crore

The third generation Panamera competes with the Mercedes-AMG GT63 S e-Performance 4-door Coupe and the upcoming BMW M8 Gran Coupe.

Expect India to become 2nd largest market for Citroen after France in 5 years: CEO Thierry Koskas

The company's strategy to accelerate sales in India will revolve around adding more features to products, developing networks and raising awareness of the brand

28% GST on lower-end Indian motorcycles much higher than other emerging markets: Bajaj Auto MD Rajiv Bajaj

In most developing countries, including Asean and Latin American nations such as Brazil, the middle- to lower-end motorcycles fall in the tax bracket of 8 to 14 percent, Bajaj said

Bajaj Auto to launch world's first CNG-powered bike in June, confirms MD Rajiv Bajaj

With this upcoming model, Bajaj will be aiming to cater to cost-conscious customers amidst rising fuel prices by introducing the CNG-powered motorcycle

Bajaj Auto could have done 'little more a little before' with Pulsar brand: MD Rajiv Bajaj

Bajaj Auto on May 3 launched its 'biggest' Pulsar - the NS400Z, which is powered by a 373 cc engine for Rs 1.85 lakh

Bajaj Auto's 'biggest' Pulsar NS400Z at Rs 1.85 lakh hopes to woo 'new buyers'

The biggest Pulsar will be pitted against the likes of the Triumph Speed 400, KTM 390 Duke and the upcoming Royal Enfield Guerrilla 450

Uber hit with £250 million suit from London’s black cab drivers

The claim alleges Uber improperly obtained a license to operate in the city and made unlawful gains for at least six years from 2012, RGL Management Ltd.

Most Godrej group stocks surge 2-8% after conglomerate's split

The restructuring of the 127-year Godrej Group will divide the conglomerate into two- its listed entities under Godrej Industries and unlisted business under Godrej Enterprises.

PV sales in April rise marginally to 338,000 units, SUVs' share surges to 53.5%

The SUV segment continued to contribute a major chunk of volumes at 1,81,044 units, which is 53.5 percent of the total PVs sold in the domestic market in April

Royal Enfield sales up 12% at 81,870 units in April

Dometic sales were at 75,038 units last month as against 68,881 units in the year-ago period, up 9 per cent, Royal Enfield said in a statement

TVS Motor sales up 25% in April at 3,83,615 units

The company had dispatched 3,06,224 units to its dealers in the same month last year, TVS Motor Company said in a statement

Maruti Suzuki's total sales increase 5% to 1,68,089 units in April

The company had dispatched a total of 1,60,529 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement.

Ola Electric's market share crosses 50% even as India EV sales dip in April

EV two-wheeler sales fell 52 percent to 64,013 units in April from the preceding month

Maruti Suzuki starts pre-booking of Epic New Swift at Rs 11,000 per unit

The carmaker said that the all-new generation Epic New Swift builds on its much-loved signature sporty design while enhancing its dynamism and fun-to-drive quotient

Demand for SUVs here to stay, see no change in trend, says Maruti's RC Bhargava

Maruti Suzuki's electric vehicle variants are unlikely to hit the market till the very end of FY25, said the chairman.

Ride-hailing app Uber ceases operations across Pakistan

Our subsidiary brand, Careem, will continue operations offering ride-hailing services across Pakistan, the spokesperson said.

Tech Mahindra, Atento join hands to offer GenAI-powered services

Atento is a customer relationship management (CRM) and business transformation outsourcing (BTO) company in Latin America

Eyeing top two spots in sub-compact SUV market in 2-3 years with XUV 3XO: M&M's Rajesh Jejurikar

With the XUV 3XO subcompact Sports Utility Vehicle, the homegrown automaker is looking to target customers who aspire to buy an ultra-premium XUV7OO that is priced in the range of 13.99 lakh to Rs 26.99 lakh

Greaves Electric Mobility launches e-scooter Ampere Nexus starting at Rs 1,09,900

The e-scooter, which has a top speed of 93 kmph and five riding modes, comes in four colour options - zanskar aqua, Indian red, lunar white, and steel grey, the company statement said

M&M rolls out XUV 3XO subcompact SUV at Rs 7.49 lakh

The XUV 3XO comes in a total of nine variants, and the top-end trim, which is the AX7 L trim, is priced at Rs 15.49 lakh (ex-showroom).