Auto News

The price hike, effective from January 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs, the automaker said in a statement.

Hyundai Motor turns India's 5th most valued automaker with Rs 1.59 lakh cr m-cap

India's largest automaker remains Maruti Suzuki, with a market cap of Rs3.83 lakh crore, followed by Mahindra & Mahindra at Rs3.73 lakh crore, Tata Motors at Rs3.32 lakh crore and Bajaj Auto at Rs2.93 lakh crore

Volkswagen's Skoda CEO sees opportunity to launch hybrid cars in India

Skoda already has four models in India, including SUVs and sedans, but this is the first time the carmaker is considering bringing hybrid cars to the nation

Volvo Group appoints Radhika Nair as Head of People and Culture for India

Prior to the latest appointment, she has held the positions as Vice President, P&C for Global Vehicle Technology, as well as Head of People and Culture at Technology Centre of Volvo Group in Bangalore.

Hyundai IPO: SUV success puts the carmaker ahead of Maruti, Tata Motors in terms of margins

Analysts believe that within the Creta lineup, sales predominantly skew towards the top-end or mid-segment models rather than the base model

Maruti Suzuki Launches New Swift | Here’s The First Look, Features & Price

Maruti Suzuki India Limited launched the all-new Swift at a starting price of Rs 6.49 lakh that goes up to Rs 9.64 lakh (ex-showroom Delhi) The new Swift is is powered by all-new 1.2 litre, Z-Series engine that produces 80 bhp at 5,700 rpm and 112Nm of torque at 4,300 rpm and is mated to either a 5-speed manual transmission or a 5-speed AMT. Watch for more!

PV sales surge 10% in March at 3.7 lakh units, breach 4.2 million mark in FY24

Car sales are on an uphill drive thanks to improved semiconductor supplies, robust demand for Sports Utility Vehicles (SUVs), healthy economic growth, favourable monsoon, and effective monetary policies

Reviving rural demand for two-wheelers may get boost before elections

As per industry observers, widespread deployment of funds during polling season will lead to larger sums of money in the hands of people especially in the rural market

Carmakers upbeat as domestic sales poised to reach 4.2 million units in FY24

On a cumulative basis, the PV industry dispatched 3.86 million units of cars, utility vehicles and sedans to dealership outlets between April 2023 and February 2024, which is an 8.6 percent jump from 3.55 million units in the same period last fiscal, as per the industry data

ASK Automotive files draft papers with SEBI to raise funds via IPO

The company is the largest manufacturer of brake-shoe and advanced braking (AB) systems for two-wheelers (2Ws) in India.

Jimny, priced at Rs 12.74 lakh, to fetch bigger slice of market pie for Maruti: Analysts

The auto major Maruti Suzuki India Ltd revealed the pricing details of its new offering, Jimny. The SUV, which is available in two trims - Zeta and Alpha, has been priced in the Rs 1,274,000-Rs 1,505,000 range, ex-showroom Delhi price

HDFC Securities downgrades Hero MotoCorp to reduce, cuts target price to Rs 2,512

Brokerage firm HDFC Securities has downgraded Hero MotoCorp Ltd (HMC) to reduce from buy and revised its target price to Rs 2512 a share from the current market price.

New SUV Honda Elevate to make global debut in India on June 6

The Honda SUV will reportedly get a 1.5-litre petrol engine along with other amenities such as a 10.2-inch touchscreen.

Atul Auto zooms 12% on sharp surge in March, FY23 sales

The firm reported a 114.56 percent increase in its sales for March at 3,154 units from 1,470 in the year-ago period. In FY23, the three-wheeler manufacturer's sales climbed 59 percent to 25,549 units from the previous year

Mahindra CIE gets 'add' tag from Kotak; target price raised to Rs 380

Brokerage firm Kotak Institutional Equities has upgraded Mahindra CIE Automotive Ltd to add from sell earlier and increased its target price to Rs 380 a share, up 40.74% from its earlier price target.

Revolt Motors selects former Ola Electric boss Pankaj Sharma as chief business officer

Sharma served as the national business head and was a member of the management team at Royal Enfield. He was also the national head of sales operations at Volkswagen Group India

Volvo-Eicher Motors JV unveils 'future-ready' trucks at Auto Expo 2023

Aligned with the Government’s vision for sustainable, efficient and affordable logistics, Volvo and Eicher are committed to the rapidly modernizing Indian logistics ecosystem through application-specific alternate fuels & smart support solutions

Toyota to produce electric car powered by BYD batteries in China

It is the second model in the new Beyond Zero (bZ) series of battery electric vehicles (BEVs) from Toyota, which has been criticised by activists and green investors for not embracing BEVs quickly enough.

MotoGP Coming to India, Bharat GP with Moto2, Moto3 and MotoE to Take Place in 2023

MotoGP fans in India will be able to attend the highest motorsport racing spectacle on two wheels next year with a full race weekend coming to the country.

Elon Musk reveals Tesla’s India plans in tweet. Here’s what he said

Responding to a tweet asking whether a Tesla manufacturing plant is coming up in India in the future, Elon Musk said: “Tesla will not put a manufacturing plant in any location where we are not allowed first to sell and service cars.”

Mahindra & Mahindra tractor sales slip 19% to 18,269 units in December

Domestic tractor sales were at 16,687 units last month as compared to 21,173 units in December 2020, down 21 percent.

Mahindra & Mahindra may raise vehicle prices again in Q1FY22

For Mahindra, the coming financial year is an important one, considering its plans of launching new-gen variants of the Scorpio and the XUV500.

SSC Tuatara beats Bugatti’s Chiron prototype to become fastest car in the world: Report

On October 10, the SSC Tuatara posted an average speed of 316.11 mph while driving on a 11.27 km stretch of two-lane Highway 160 near Las Vegas

Indian Railways provides space to set up charging points at Delhi stations for electric vehicles

Each space will be equipped with five fast-charging DC points, which will be capable of charging 10 cars at a time.

BMW Motorrad sees India as key future market

BMW Motorrad, the premium motorcycle arm of German luxury car maker BMW Group, is betting on the potential of the Indian market, which it sees as one of its key strategic markets of the future.