Detroit makes the same mistake on Chinese EVs it did with Japan
Detroit can only really defend itself against Chinese EV-makers if it develops products that can compete and undercut them. That’s the lesson it failed to learn when confronted with Japanese rivals half a century ago. The only way to win this race will be to start competing with the next wave of Asian imports, rather than trying to disqualify it
Tata Motors ties up with LeadIT for greener future
As a member of LeadIT, the auto major will be able to harness the power of global best practices, influence policy-making, and together with other members strengthen climate action plans, thereby accelerating transition towards net-zero emissions.
Maruti Suzuki Ertiga crosses 10 lakh sales mark
"The Ertiga has redefined the concept of an MPV as a stylish and technologically advanced offering," Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Shashank Srivastava said in a statement.
Toyota hikes annual profit forecast after Q3 beats expectations
Toyota Motor raised its profit forecast for the current year to 4.9 trillion yen ($32.99 billion), versus 4.5 trillion expected previously.
Ashok Leyland total vehicle sales decline to 15,939 units in January
The company's total MHCV (Medium and Heavy Commercial Vehicle) sales dipped 8 per cent to 14,899 units last month as against 16,198 vehicles a year ago.
Royal Enfield posts 2% rise in sales at 76,187 units in January
The company had sold a total of 74,746 motorcycles in January 2023.
Maruti Suzuki's total vehicle sales rise 5% at 1,99,364 units in January
This was the highest-ever monthly sales volume for the Gurugram-based car maker, as per the statement.
Hyundai sales rise 8.5% in January at 67,615 units
The automaker had dispatched 62,276 units in the same month last year.
Mahindra & Mahindra total vehicle sales rise to 73,944 units in January
The utility vehicle sales stood at 43,068 units in the previous month as against 32,915 vehicles sold in January last year, growing 31 per cent year-on-year, M&M Ltd said.
Bajaj Auto's total vehicle sales soar 24% in January
The Pune-based auto maker had sold 2,87,935 vehicles in January 2023, according to a company statement.
Mercedes-Benz sets eyes on smaller cities to fuel further growth
The automaker, which on Wednesday introduced new GLA and AMG GLE 53 models, plans to enhance its sales and service infrastructure in the non-metro cities to cater to the needs of the increasing number of customers.
Toyota suspends dispatch of 3 models in India due to 'irregularities' in diesel engine
After "irregularities" in the diesel powertrain certification tests were discovered, Toyota Kirloskar Motor has decided to temporarily halt the distribution of its three models, the Innova Crysta, Fortuner, and Hilux, throughout the nation.
Moneycontrol Pro Panorama | Auto stocks' value baked into price
In this edition of Moneycontrol Pro Panorama: China's Maldives move a revenge against India, interim budget must focus on capex, fintechs day of reckoning is nigh, Indian start-ups and their funding saga, and more
JSW Ventures gets CCI nod to acquire 38% share capital of MG Motor
In November last year, the JSW Group had announced the acquisition of a 35 percent stake in MG Motor India, owned by Chinese automaker SAIC Motor Corp
Electric aircraft may have more potential than we thought
A startup Elysian Aircraft BV deserves credit for kicking the tires on some widely held views about electric aviation. The duopoly of Airbus and Boeing have made only fitful attempts to develop such vehicles
Boeing-Airbus duopoly is a pain for customers and a lesson for competition regulators
The duopoly of Boeing and Airbus has meant that the Indian airline industry has to depend entirely on them despite recent signs of shoddy production standards. This is a nightmare for competition regulators.
Govt forms panel to examine demands for inclusion of more components in Auto PLI: Minister
The minister was speaking on the sidelines of a conference on Auto PLI here on Tuesday.
Volvo Car India hikes ICE vehicle prices by 2%
Following the price hike of internal combustion engine (ICE) vehicles, the XC60 is now priced at Rs 68.9 lakh, the S90 at Rs 68.25 lakh and the XC90 at Rs 1,00,89,000, Volvo Car India said in a statement.
Mercedes Benz lines up Rs 200 crore investment, to launch over 12 products in 2024
Mercedes-Benz India will have more than 12 launches in 2024, including three electric vehicles, out of which half will be in the top end vehicle segment (TEV) and will be priced Rs 1.5 crore onwards.
Tata Group initiates talks for public listing of Tata Autocomp Systems
The discussions are at an early stage and talks are currently focused on the Tata group entities that will divest their stakes and also the overall stake which will be sold in the IPO.
BYD’s battle with Tesla offers a glimpse of the EV market’s future
BYD’s success comes at a time when American car manufacturing is already in retreat across the world. But while its ascent to the top isn’t a surprise, the pace at which it has done so is
Audi expects 50% total sales in India to come from EVs by 2030
The automaker, which sells four electric models in the country, plans to expand the product range to achieve its ambitious sales target.
Audi sales jump 89% to 7,931 units in 2023
The company had sold a total of 4,187 units in 2022.
Ashok Leyland sales down 10% in December at 16,324 units
Domestic sales were down 10 per cent at 15,323 units as against 17,112 units in December 2022, Ashok Leyland said in a regulatory filing.
Auto sales roundup in 2023: Hyundai, MG Motor India posts growth, Maruti Suzuki sees dip and more
A quick look at how the auto industry performed in 2023
