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Volkswagen secures raw materials as part of $34 billion battery push

At the core of the three agreements, which are part of VW’s 30 billion euro ($34 billion) plan to build battery plants and procure materials, lies a planned joint venture with Belgian chemicals and recycling company Umicore.

Automobile retail sales remain in slow lane in November: FADA

The total registrations last month stood at 18,17,600 units, down 2.7 per cent from 18,68,068 units in November 2020. Passenger vehicle sales last month stood at 2,40,234 units, a drop of 19.44 per cent from 2,98,213 units in the same period last year.

Hyundai lines up Rs 4,000 crore investment to drive in 6 EVs in India by 2028

The company is planning to roll out a mix of models based on its existing range as well as completely new vehicles based on its global platform 'E-GMP' over the next few years.

Citroen to hike C5 Aircross SUV price by up to 3% from January

The effective price increase will be up to 3 per cent on the existing ex-showroom prices of the Feel and Shine variants of the model, the automaker said in a statement.

Volkswagen launches new Tiguan SUV tagged at Rs 31.99 lakh

The company at the launch event also announced the opening of bookings from Tuesday with deliveries expected to commence from mid-January next year.

Tata Motors to hike prices of commercial vehicles from January

The price hike will be across segments of medium and heavy commercial vehicles (M&HCV), intermediate and light commercial vehicles (I&LCV), small commercial vehicles (SCV) and buses, based on individual model and variant of the vehicle, Tata Motors said in a regulatory filing.

Audi launches entry-level variant of A-4 sedan, priced at Rs 39.99 lakh

Audi A4 Premium is an addition to the existing lineup, including the A4 Premium Plus and A4 Technology variants, priced at Rs 43.69 lakh and Rs 47.61 lakh, respectively.

Volvo Cars is going leather-free with its future EVs

In a bid to be carbon neutral by 2040, Volvo’s first step towards sustainability involves ditching leather in its EVs and opting for more sustainable, yet premium alternatives.

Hero MotoCorp expands operations in Argentina

Gilera Motors Argentina (GMA) will make new investments to rapidly expand all business operations for Hero MotoCorp’s products.

Mercedes-Benz India to hike prices of select models by up to 2% from January 2022

The company, however, said it is committed to price protection to customers who have booked their cars and are waiting for more than four months for select models.

Tata Power, ama Stays & Trails tie up to set up EV charging stations

A rising demand for sustainable transport infrastructure has resulted in an increasing number of hospitality brands investing in electric vehicle (EV) charging points, a statement said.

Honda Cars India reports 31% dip in total sales at 6,904 units in November

The company had sold a total of 10,021 units in the same month last year.

Chip shortage slows down car, SUV sales by 11% in November

The drop in volumes comes at a time when the industry is sitting on an order book in excess of 500,000 units

Volkswagen expects battery, raw material drive to cost up to $34 billion

Thomas Schmall, who is in charge of technology at Europe’s largest carmaker, said in an interview at the Reuters Next conference that Volkswagen would seek outside partners to fund it.

Nissan wholesales surge 60% to 5,605 units in November

The company said its domestic sales last month stood at 2,651 units, compared with 1,017 units in November 2020. Exports were at 2,954 units as against 2,485 units in the year-ago period.

Tata Motors reports 25% increase in total sales in November

The automaker posted a 21 per cent increase in its domestic wholesales at 58,073 as compared with 47,859 units in the year-ago period.

Mahindra & Mahindra reports 15% dip in November tractor sales at 27,681 units

The company had sold 32,726 units in the same month last year, M&M said in a statement.

Royal Enfield ties up with Belstaff for exclusive range of apparel

Launched in 1924, Belstaff is one of the leading British Heritage brands, known worldwide for its high-performance outerwear and jackets.

VE Commercial Vehicles sales rise 10% to 4,085 units in November

VE Commercial Vehicles Ltd (VECV), an unlisted subsidiary, had sold 3,710 units in the same month last year, Eicher Motors said in a regulatory filing.