Auto

The Lamborghini Huracan STO marks the end of a glorious era

The Huracan’s last hurrah is possibly its greatest iteration ever

One-Moto launches new high-speed e-scooter Electa at Rs 1.99 lakh

The Electa is the third launch of the company after the 'Commuta' and 'Byka' high speed scooters which were rolled out last month, the company said in a statement.

Pre-owned vehicle market in India likely to reach 8.2 million units by FY'26: Report

It also said that the market size is expected to grow to USD 70.8 billion by 2030 at a Compounded Annual Growth Rate of 14.8 per cent between 2021 and 2030.

Auto component industry cautiously optimistic for growth in FY22 despite COVID woes

The turnover of the automotive component industry stood at Rs 1.96 lakh crore (USD 26.6 billion) in April-September 2021, registering a growth of 65 per cent over the first half of the previous year.

HMSI initiates exports of NAVi bike to US market

HMSI had commenced export of NAVI CKD kits to Mexico in July 2021 and has so far dispatched over 5,000 kits to the country.

Tata Motors joins hands with Maharashtra govt to set up vehicle scrappage facility

The auto major has inked a memorandum of understanding (MoU) with the state government to help set up the scrappage centre with a recycling capacity of up to 35,000 vehicles a year for end-of-life passenger and commercial vehicles.

Second generation Honda Amaze crosses 2 lakh cumulative retail sales mark

The model is one of Honda’s most successful models in India with cumulative deliveries of over 4.6 lakh units since the introduction of the first generation model in April 2013.

Kia plans to announce EV strategy for Indian market next year

The company, which unveiled its all new model — Carens — for the Indian market, is considering all aspects related to the electric vehicle (EV) segment before coming out with a final blueprint.

Kia unveils 'Carens', launch in Q1 of next year

The Carens would be Kia’s fourth product in the Indian market. The automaker already sells Seltos, Sonet, and Carnival in the domestic market.

Volkswagen 2021 sales to be just below 9 million vehicles

The carmaker is preparing for an exacerbation of the current chips shortage which could last until at least the beginning of 2023, Manager Magazin said, adding that the company could sell around 8 million cars next year in the worst-case scenario.

ICRA downgrades growth forecast for passenger vehicle industry to 8-11% for FY22

With around 5 lakh units of production lost by various automakers in the passenger vehicles segment due to the semiconductor shortage, ICRA said the earnings loss for the OEMs (Original Equipment Manufacturers) could be around Rs 1,800 crore to Rs 2,000 crore for the ongoing fiscal.

Toyota Kirloskar to hike vehicle prices from January

The company sells a range of models including Glanza, Urban Cruiser, Innova Crysta and Fortuner in the domestic market.

Skoda Auto Volkswagen India MD Gurpratap Boparai resigns

Christian Cahn von Seelen will take interim charge of the VW Group’s Indian operations from January 1, 2022, in his capacity as Chairman of Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL), the automaker said in a statement.

Piaggio Vehicles April-November cargo three-wheelers sales at 15,206 units

These sales numbers are based on Parivahan data till November, excluding Andhra Pradesh, Telangana and Madhya Pradesh, the company said.

Hero Electric joins hands with Log 9 Materials for InstaCharging battery packs

The integration of Log9’s RapidX batteries will fully charge the Hero e-two-wheelers within 15 minutes, a release said on Tuesday.

Maruti Suzuki Super Carry crosses one lakh cumulative sales mark

The vehicle, which comes with a four-cylinder engine and both petrol and CNG options, caters to the versatile requirements of the commercial customers.

BMW iX sold out on first day of launch in India

BMW had introduced the model in India on Monday.

Skoda commences production of new version of SUV Kodiaq

"The new Kodiaq is part of the overall SUV offensive of the Group in India. With the start of production at our facility in Aurangabad, we add yet another product that provides the Indian customer with the best of technology, safety, and comfort," Skoda Auto Volkswagen India Managing Director Gurpratap Boparai noted.

Yamaha Aerox 155 review: The best scooter in India

The Aerox 155 really is that good.

Passenger vehicles sales dip 19% in November as chip shortage woes continue: SIAM

The passenger vehicle (PV) dispatches last month stood at 2,15,626 units, down 19 per cent from 2,64,898 units in November 2020.

Ola in talks to raise over $1billion through equity, debt: Report

The company has recently raised over Rs 1,049 crore (about $139 million) from Edelweiss and others at a valuation of over $7 billion.

TVS Motor ties up with Grupo Q for Nicaragua, Costa Rica markets

Active Motors SA, a subsidiary of Grupo Q, will support the company with dedicated sales, service, spares and customer relationship management (CRM), TVS Motor Company said in a statement.

Baleno crosses cumulative sales milestone of 10 lakh units: Maruti Suzuki

Launched in October 2015 and sold through the company’s premium retail chain NEXA, the model had crossed the 5 lakh units cumulative sales in November 2018 and touched the 10 lakh units milestone in November this year, Maruti Suzuki India Ltd (MSIL) said in a statement.

Simple Energy to invest Rs 2,500 crore to set up EV manufacturing facility in Tamil Nadu

The proposed facility, spread in 600 acres of land, would be the company’s second such production unit and is expected to be functional by 2023, the Bengaluru-based company said in a release.