TVS Motor sales rise 24% in April
The company had posted a total sales of 2,38,983 units in the same month last year, TVS Motor Company said in a statement.
Audi, Porsche have decided to enter Formula 1, says Volkswagen CEO
Herbert Diess added that Porsche's preparations to enter the highest class of international motor racing were a little more concrete.
Royal Enfield sales rise 17% to 62,155 units in April
The company had reported sales of 53,298 units in the same month last year.
Royal Enfield joins hands with Italian riding gear brand Alpinestars
Founded in 1963 in Asolo, Italy, Alpinestars is now a world-leading manufacturer of professional racing products, motorcycling airbag protection, high-performance apparel, gear and technical footwear.
TVS Motor drives in NTORQ 125 XT scooter tagged at Rs 1.03 lakh
The NTORQ 125 XT comes with a SmartXonnect connectivity platform and around 60 other features, making it the most tech-advanced scooter on sale in the country, TVS Motor Company said in a statement.
Ashok Leyland sales up 42% in April
The company had sold 8,340 units in the same month last year, Ashok Leyland said in a regulatory filing.
Bajaj Auto sales slip 20% to 3,10,774 units in April
The company had sold 3,88,016 units in the same month last year, Bajaj Auto said in a statement.
Mahindra & Mahindra sales jump 25% to 45,640 units in April
The Mumbai-based auto major’s passenger vehicle sales in the domestic market rose by 23 per cent to 22,526 units last month against 18,285 in April last year, the auto major said in a statement.
China battery maker CATL suffers profit fall as costs soar
CATL, whose clients include Tesla, Volkswagen and BMW, booked a net profit of 1.49 billion yuan ($226.69 million), a filing on the Shenzhen Stock Exchange showed.
Chip shortage: Hero Electric reports zero dispatches in April
The automotive industry is still struggling with international chip shortage leading to loss of production.
Toyota Kirloskar to hike prices of Urban Cruiser, Glanza
"This hike is necessitated to partially offset the increase in input costs. The overall price increase has been tapered down considering the impact on our valued customers,” a TKM spokesperson said in a statement.
Hyundai to drive in electric model IONIQ 5 in India this year
The model, to be launched in the second half of the year during the festive season, will mark the beginning of the company’s battery electric vehicle expansion plans in the country.
Future fuel in the country is LNG: Nitin Gadkari
Speaking about the recent EV fires, Nitin Gadkari said, "We are making standards and regulations to prevent such EV fires."
With lift from 'big brother,' Aston Martin chases after Ferrari
Less than two years after billionaire Lawrence Stroll drove to the rescue of James Bond's car brand of choice, Aston Martin has undergone a manufacturing makeover to lift margins and help it become more like rival Ferrari.
EV maker One Moto India ties up with Royal Sundaram General Insurance
Under the tie-up, One Moto India customers will be able to avail an add on cover-depreciation waiver that enables them full claim without deduction, to their motor policies issued by the brand.
BHEL to supply 6 electric locomotives to NTPC for material handling operations
The locomotives will be manufactured at the company’s facility in Jhansi, Uttar Pradesh.
TVS Motor Company has partnered with PETRONAS to Form PETRONAS TVS Racing Team
The team will participate in all domestic two-wheeler racing formats. The partnership includes a co-branded oil set to launch across India
EV fires | Ola may recall a few batches of electric scooters, says Bhavish Aggarwal
The Ola founder has assured that world-class agencies have been hired to find out why the Ola electric scooter caught fire.
Tata Motors hikes passenger vehicle prices by 1.1 percent, new rates kick in today
The auto major has hiked prices by 1.1 percent on average to partially offset the rise in input cost. Maruti Suzuki, too, recently hiked the prices of its cars
Tata Motors hands over 101 EVs to customers in Tamil Nadu
The deliveries comprised 70 units of Nexon SUVs and 31 Tigor sedans at an event held through Srilakshmi Auto Enterprises in Chennai.
Mahindra Electric to deliver over 500 e-autorickshaws under RAAHI project
The company is one of the empanelled original equipment manufacturers under the RAAHI (Rejuvenation of Autorickshaw in Amritsar through Holistic Intervention) project.
Two-wheeler demand remains weak compared with last year: ICRA
Automobile dealership industry has been witnessing several headwinds in the recent past, including subdued demand for two-wheelers (2W), supply constraints impacting growth of passenger vehicle (PV) sales, and high base effect limiting the growth in tractors segment.
Honda City e:HEV production starts; launch early next month
Customers can book the new Honda City e:HEV at dealerships across the country with a booking amount of Rs 21,000 or online through the company's website with an amount of Rs 5,000, HCIL said in a statement.
Shanghai Lockdown: China to the rescue as auto, chip sectors suffer
Chinese manufacturers are prepared to reopen facilities following the almost three-week COVID-19 closure in Shanghai.
