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Tata Motors may not need a managing director after all

The Mumbai-based manufacturer of luxury cars, sports utility vehicles (SUVs) and trucks is not looking for a replacement for Guenter Butschek, who stepped down from the MD’s position by the end of June 2021

Tata Motors fast running out of capacity but no new factory planned

With slight improvement in the manufacturing capacity Tata Motors will move to producing half a million units, which would be the third highest in India after Maruti Suzuki and Hyundai

Kia India reports 22% dip in wholesales in October

The company dispatched 10,488 units of Seltos, 5,443 units of Sonet, and 400 units of Carnival last month to dealers.

Hyundai reports 37% dip in wholesales in October

The company had sold 68,835 units in the same month last year, HMIL said in a statement.

Mahindra & Mahindra reports 5% dip in wholesales in October

The company had dispatched a total of 44,359 units in October 2020.

Chip shortage drags car sales 21% downhill in October

The drop in volumes comes amid the industry sitting on a pending orders of more than 350,000 units.

Ashok Leyland posts 11% growth in vehicles sales at 11,079 units in October

The company had sold a total of 9,989 units in the same month last year, Ashok Leyland said in a regulatory filing.

Tata Motors total sales up 30% to 67,829 units in October

The company’s total dispatches in October 2020 stood at 52,132 units.

VECV posts 38% rise in total sales at 5,805 units in October

The company, a joint venture between Eicher Motors and Volvo, had sold 4,200 units in the same month last, Eicher Motors said in a regulatory filing.

Maruti Suzuki sales decline 24% to 1,38,335 units in October

The company had sold 1,82,448 units in October last year, MSI said in a statement.

Skoda reports over two-fold jump in India sales in October

Skoda Auto India had sold 1,421 units in October 2020, the company said in a statement.

Ducati launches Scrambler Desert Sled Fasthouse motorcycle in India, priced at Rs 10.99 lakh

The model, created to celebrate the collaboration between Ducati Scrambler and the American clothing brand Fasthouse, is powered by an 803cc engine, Ducati India said in a statement.

Nissan reports over three-fold increase in domestic wholesales in October

The company said its exports last month stood at 3,004 units, compared with 75 units in October 2020.

Escorts posts 1% decline in tractor sales in October

The company had sold a total of 13,664 units in the same month last year, Escorts Ltd said in a regulatory filing.

MG Motor reports 24% drop in retail sales in October

The company had retailed 3,750 units in the same month last year, MG Motor India said in a statement.

TVS Motor Company launches 125 cc-motorcycle Raider in Nepal

The sporty motorcycle is powered by a 124.8 cc air and oil-cooled engine, with a maximum power output of 12.9 PS at 8,000 rpm and can accelerate from 0-60 km/h in 5.7 secs, the company said in a regulatory filing.

High Taxes Hampering Growth of Luxury Car Segment in India: Audi

Luxury car volumes account for less than 2 percent of the overall passenger vehicle sales annually and the sector has been more or less at the same level for the past decade

Maruti Suzuki expects adverse impact on production next month due to semiconductor shortage

Terming the situation as quite dynamic, the country’s largest carmaker noted in a regulatory filing that as per current estimates the total vehicle production volume across both locations in Haryana next month could be around 85 per cent of normal roll-out.

Ideas For Profit | Bajaj Auto continues to outperform the two-wheeler sector; Right time to invest?

Despite significant commodity-linked inflation, Bajaj Auto posted a decent set of numbers for Q2FY22. Bajaj Auto is trading at a reasonable valuation of 17.4 times its FY23 projected earnings. In this video, we highlight the key levers for growth that make Bajaj Auto a compelling story for the long term

Honda to commence battery sharing service for e-three wheelers in India next year

The Japanese auto major aims to utilise 'Honda Mobile Power Pack e' (MPP e), its all-new portable and swappable batteries for the purpose.

Exclusive: Maruti plans new plant after 15 years; sets aside Rs 2,200 cr for FY22 capex 

The investment is part of Maruti’s 10-year, Rs 18,000 crore investment plan, which envisages annual capacity creation of 1 million units. This new plant will come up in Haryana, home to Maruti Suzuki since its birth in 1983

Euler Motors launches electric three-wheeler cargo carrier tagged Rs 3.5 lakh onwards

The company, that claims to have tested its HiLoad model for more than 10 lakh kilometres in the last three years, has opened bookings of the vehicle with a payment of Rs 999 on its website or at its experience centres in Delhi and Gurugram.

Japanese startup targets supercar users with $684,000 hoverbike

Backed by soccer player Keisuke Honda, ALI Technologies hopes to persuade wealthy consumers to swap their supercar for the hoverbike that went on sale on October 26

Maruti Suzuki likely to launch EVs by 2025: RC Bhargava

Stating that launching an EV would depend on market conditions, Bhargava said at present it is difficult to predict the pricing of electric vehicles, batteries, how the infrastructure is built up and "the costing is not at all in our hands".