Supply chain constraints to dent Maruti Suzuki production levels in December
Due to supply constraints, the company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and Gujarat (Suzuki Motor Gujarat Pvt Ltd), owing to a supply constraint of electronic components impacted by shortage of semiconductor devices, Maruti Suzuki India said in a regulatory filing.
Maruti Suzuki hikes prices of Eeco van by Rs 8,000
The increase in price is effective from November 30, 2021, the company said in a regulatory filing.
Auto component stocks shiver on fears of Omicron virus impact
The stocks had run up by 70-80 per cent over a year. Hence, a drop in stock prices would make the risk-reward equation for investors more favourable
Nupur Recyclers to set up 200 EV charging points, battery swapping stations
Mumbai, Nov 29 Marking its foray into the domestic Electric Vehicle (EV) space, Nupur Recyclers on Monday said it plans to set up 200 charging poin..
Nissan Magnite deliveries touch 30,000 units in India
The key of the 30,000th Magnite SUV was handed over to a customer by Nissan AMIEO Region Chairperson Guillaume Cartier at a ceremony in Gurgaon on Friday, Nissan Motor India said in a release.
Electric cars aren't enough to hit climate targets: we need to develop better public transport too
Passenger transport has a huge impact on our surroundings, and it’s one of the biggest factors in determining where we live and work.
TVS Motor Company signs MoU with Tamil Nadu for Rs 1,200-crore investment
Under the MoU, the investment will be spread over four years, and will be mainly for the design, development and manufacturing of new products and for capacity expansion in the EV space
Audi launches facelift version of 5-seater SUV Q5
The latest roll out is the ninth vehicle from Audi in the domestic market in 2021.
Maruti-Toyota inaugurate vehicle scrapping unit in Noida
The facility which can process one car in 200 minutes, is built at a cost of Rs 44 crore
Domestic two-wheeler volume to shrink 1-4% YoY this fiscal: ICRA
Further, ICRA said that the lacklustre festive season performance also highlights the continued wariness among the low-income population regarding big-ticket purchases.
15 states have rolled out BH-series so far for seamless transfer of vehicles across India: Road Secretary
The government in August had notified a new vehicle registration regime that will free vehicle owners from the re-registration process when they shift from one state or Union territory to another.
Mercedes-Benz launches compact car model priced at Rs 79.5 lakh
The car is powered by a 2-litre turbocharged engine, producing 421 hp and can accelerate from 0-100 kmph in 3.9 seconds and has a top speed of 270 km/hr, Mercedes-Benz India said in a statement.
Greaves Cotton revs up EV focus, eyes investor funding by first half of FY23
Tata Motors recently raised $1 billion from a TPG-led consortium, fuelling a rush by others to raise funds
New Celerio Review: What you need to know about the Maruti Suzuki car besides its ‘fuel-efficiency’
The Maruti Suzuki Celerio can’t be described as a bargain, but it does offer many things that buyers in this segment look for
Toyota Kirloskar ties up with IndusInd Bank for vehicle finance
With the tie-up, IndusInd Bank becomes one of the preferred financiers for the complete range of vehicles sold by TKM in India, the automaker said in a statement.
Power Global partners Rap Eco Motors to supply eZee swappable lithium-ion battery tech
The partnership is for the supply of battery technology to Rap Eco’s mass-market electric three-wheeler product line RANIE, which includes a passenger auto-rickshaw, delivery van and cargo vehicle, Power Global said in a release.
UK's Arrival unveils pre-production prototype electric bus
The pre-production bus will start running on roads within the next few weeks, and series production is due to begin at a plant in the US state of South Carolina in the second quarter.
Kubota to increase stake in Escorts, make open offer at Rs 2,000 per share
Kubota, which has interests in tractors, earth movers and engines, will also make an open offer to Escorts shareholders to acquire up to 26 percent of the company’s share capital. The name of the company shall be changed to ‘Escorts Kubota Limited’.
Ducati launches Panigale V4 SP in India at Rs 36.07 lakh
Bookings are now open across all Ducati dealerships in Delhi-NCR, Mumbai, Pune, Ahmedabad, Hyderabad, Bengaluru, Kochi, Kolkata and Chennai, and deliveries will start with immediate effect, Ducati India said in a statement.
No festive cheer for auto sector as sales slump to decade low
At 2.09 million, registrations of new vehicles during the festive days was 18 percent lower than the same period FY21 and nearly 21 percent lower than FY20.
Tata Motors looks to set up vehicle scrappage centres under franchise model
The auto major earlier this year had joined hands with the Gujarat government to support setting up of a vehicle scrappage facility at Ahmedabad in Gujarat.
Tata Motors working on born-electric and flexi vehicle platforms for future
The Tata Group company, which is the leader in the electric bus segment having the largest share of electric bus number in operation in India, is working on a platform for the future that will be born electric.
Mahindra Finance launches lease-based vehicle subscription business for urban centres
Under a brand christened 'Quiklyz', the non-banking financial company (NBFC) said it will be the first-of-its-kind digital journey on vehicle usership aimed at catering to both the retail customers and corporates.
Volkswagen powers up the grid to take on Tesla
Underlining its electric ambition, Volkswagen has drafted in power industry veteran Elke Temme, who spent nearly two decades at German energy companies RWE and Innogy, to help the carmaker get in better shape to take on Tesla.
Tyre makers line up Rs 5,000 crore capex to boost capacity
Tyre companies are gearing up to add capacity in order to meet demand as the economy recovers and demand increases
