As per data released by the automobile dealers' body FADA on Thursday, the overall automobile retail sales last month stood at 14,36,927 units, as compared with 15,59,106 units in July 2021.
The government has proposed to make it mandatory for carmakers to provide a minimum of six airbags in motor vehicles that can carry up to eight passengers for enhanced safety of occupants from October 1.
Further action will be taken based on CEOs and MDs' responses to the notice, the union minister for road transport and highways has told Parliament
Hyundai Motor launched its first electric sedan, Ioniq 6, on July 14. The South Korean automaker is betting the Ioniq 6 will help it grab a bigger share of the electric vehicle (EV) market dominated by Tesla Inc.
French carmaker Renault is seeing some improvement regarding the availability of semi-conductors and expects the level of production of semi-conductors to be significantly higher in the second half of this year compared to the first half, said Renault brand chief operating officer Fabrice Cambolive.
Mahindra & Mahindra EV announcement today: Looking at producing 200,000 EV units per annum by FY2027, Rajesh Jejurikar
Crossing the milestone, despite the pandemic and ongoing semiconductor crisis, is yet another testament to the success of Renault Kiger in this challenging segment, Renault India Operations, Country CEO & Managing Director, Venkatram Mamillapalle said in a statement.
The company said it has crossed the one lakh sales mark in the first six months of 2022, dispatching 1,21,808 units in the domestic market. In June, Seltos and Carens remained the top contributors to Kia's overall sales with 8,388 and 7,895 units, respectively.
The model, which is expected to debut in the upcoming festive season, will compete with the likes of Hyundai Creta and Kia Seltos, among others.
The company had dispatched 1,47,368 units to dealers in June 2021, MSI said in a statement.
Domestic sales (two-wheelers and commercial vehicles) declined 15 per cent to 1,38,351 units last month from 1,61,836 units in June 2021, it said in a statement on Friday.
The hike will be across the range of commercial vehicles and the quantum will depend on individual model and variant, Tata Motors said in a regulatory filing.
The toughest competition in the sub-compact SUV segment has always been between the Maruti Suzuki Vitara Brezza and the Hyundai Venue. With both companies launching new versions of their respective models, let’s see how they compare against each other on paper
Narang also said that as the financing remains a challenge for the EV customers, retrofit brings these vehicles within the reach of those customers who want to move to such vehicles from ICE, particularly at the time when petrol and diesel prices are at a much-elevated level.
The facility will cater to the demand for indigenous mid drive and hub motors along with controllers from EV Original Equipment Manufacturers in India, it said in a statement.
The new Brezza, to be launched at the end of the month, will come with features such as electric sunroof along with an array of sophisticated new-age tech, comfort, convenience and connected features, the company said in a statement.
Berkshire Hathaway-backed BYD is blowing past its competition, and could start supplying batteries to rival Tesla
The electric carmaker increased its Model Y long-range price to $65,990 from $62,990, its website showed on Thursday, after delaying the deliveries of some long-range models in the United States by up to a month.
The Horizon Plus Co project is one of several investment applications worth a total of 209.5 billion baht in manufacturing and infrastructure that were approved on Monday, the Board of Investment (BOI) said in a statement.
Gabriel India reported a decent set of numbers in Q4FY22, driven by a sharp rebound in demand. This came despite witnessing a continuous rise in raw material prices which put pressure on the company’s margins. Want to know what continues to boost MC Pro’s confidence in the company? Watch the video to find out.
Stream will take on Piaggio's Ape E-City and Mahindra Treo's passenger electric three-wheelers. The company is looking to sell 40,000-50,000 units of Stream next year ― 60 percent in the domestic market, and the remaining 40 percent overseas.
Bajaj Motors produced 2,500 EV scooters last month in May which is the highest monthly production so far for the company
The company said it has invested around USD 12-15 million in the new product, which aims to cater to domestic and overseas markets demand.
The supercar manufacturer has snapped up space near its Maranello plant and started clearing the way for a third production line that will be dedicated to making hybrid and electric vehicles, said the people, who asked not to be identified because the information is private.
Tesla plans to hold the event online starting from 7 p.m. Shanghai time (1100 GMT) and will recruit staff for ”smart manufacturing” roles, according to an online post.