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Here is a quick look at what made headlines in the auto sector last week
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Earlier this week both companies announced the setting up of a new business unit that would be tasked to sell Harley-Davidson bikes in India through a network of 11 dealers.
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True Value celebrates the sales of 4 million pre-owned cars from a network of independent outlets across the country, MSI said in a statement.
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The Mumbai-based auto major said it would undertake proactive inspection and replacement of camshaft on a batch of 1,577 units of Thar diesel variants, manufactured between September 7 and December 25, 2020.
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The new premium SUV can be booked at a refundable amount of Rs 30,000 either online or the nearest Tata Motors’ authorized dealership, the company said in release.
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Tata Motors is seeking shareholder approval to transfer its PV business to TML Business Analytics Services, which would be later renamed to Tata Motors Passenger Vehicles
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Reuters had in December reported that Apple is moving forward with self-driving car technology and is aiming for the production of a passenger vehicle in 2024.
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Decadal low auto loan rates, attractive finance options and robust demand from non-urban pockets have helped affect a spectacular turnaround in market sentiments
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Set for launch on February 16, a teaser image of the new bike has also been shared by the company. However, with only a rear view of the bike, there is only so much we can get out of it.
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Harley-Davidson had closed its India operations in September last year as part of its global restructuring plan to pull out of loss-making markets. The company’s India operations were suffering and the curtains came down after 11 years.
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Kia Motors Corp. jumped as much as 14.5 percent after the reports.
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The COVID-19 pandemic became the biggest reason for the delay in its launch, but things are looking up with the reopening of schools, offices and commercial spaces like shops and malls
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The company had sold 35,913 units in the same month last year, Yamaha Motor India group said in a statement.
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Here's what Pawan Goenka, managing director, Mahindra & Mahindra, to get his comments on the Budget 2021.
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An all-new, premium SUV called Citroen C5 Aircross is headed our way. Here’s how it’s different from the rest.
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Union Budget 2021: Owners will be incentivised to scrap passenger vehicles that are over 20 years old and commercial vehicles that are over 15 years old. There is, however a concern that there may not be too many such vehicles as the average replacement cycle of a passenger cycle is around eight years and of a CV is around 8-10 years. The hike in customs duty on certain auto parts to 15 percent will raise input costs and prices for cars that depend on specialised components
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The company had sold a total of 5,01,622 units in the same month last year, Hero MotoCorp said in a statement.
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MG India plans to utilise the end-to-end vehicle leasing technology from Zoomcar which choosing ORIX as its vehicle deployment partner.
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The industry body also raised concerns over the increase in customs duty on certain imported vehicle components, saying it could lead to increase in production cost of automobiles.
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Citroen is manufacturing the C5 Aircross locally at the company’s facility in Tamil Nadu with the eventual goal of reaching 90 percent localisation.
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New investments in the auto sector could flow in for setting up new factories as well as for resumption of new product launches that got severely disrupted because of the COVID-19 pandemic
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The company had sold 23,116 tractors in January 2020, M&M said in a statement.
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These are not critical parts for an automobile and are also available locally. The move to hike the duties was done with the idea of giving local manufacturing a boost
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Closure of schools and offices and restriction on inter-state and intra-state public movement severely impacted the demand for buses this year
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The company had sold 52,546 units in the same month last year, M&M said in a statement.
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Nirmala Sitharaman said private vehicles will undergo fitness tests in 20 years and commercial vehicles after 15 years
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The company said it undertook an annual maintenance shutdown at its Halol manufacturing facility in Gujarat during the first 11 days of January, which affected production and the supply chain.
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The company had sold 11,850 units in the corresponding month a year ago, Ashok Leyland said in a regulatory filing.
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Here is a complete look at what made headlines during the week
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India exports 17-20 percent of its automobile production with Africa, Latin America, Asia and the Middle East among top export destinations
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If the teaser tells us this much, it is that the Hayabusa retains most of its trademark silhouette along with a similar headlamp unit.
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The Kiger retains the overall silhouette of the concept SUV. Same goes for the winged front grille, the flared wheel arches and the split headlamp. The roofline, too, slopes downward towards the rear in a very coupe-esque fashion just like the concept.
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The BMW G 310 R and G 310 GS get price revisions of a mild Rs 5,000 bringing their prices up to Rs 2.5 lakh and 2.9 lakh ex-showroom respectively. The F 900 R gets a Rs 90,000 hike sitting at Rs 10.8 lakh.
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Aprilia’s scooters have been known for their good looks and not for the ride quality, but the makers have finally made some amends. Our reviewer finds out if the ride is worth the price.
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The company has begun export of 5th generation Honda City sedan with the dispatch of initial batch to the Middle East countries from the Pipavav port in Gujarat and Ennore port in Chennai, Honda Cars India Ltd (HCIL) said in a statement.
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The Triumph Speed Triple 1200 has been built from the ground up and while it replaces the Speed Triple 1050, the two bikes share very few features.
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The sharp rebound in sales from July saw companies untie their purse strings to reward employees. While some stuck to their annual increment cycle with a Covid-induced delay of about a quarter, others have already started with a second round of pay hikes, effective from the upcoming financial year. Here’s what Hyundai, Bajaj Auto, JK Tyre and Ceat are doing
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New Jaguar Land Rover CEO Thierry Bollore faces a number of challenges including electrification, managing underutilisation of its plants, among others.
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The company said its dealerships will commence customer test drives and deliveries of the new Jeep Compass from February 2, 2021.
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Since its launch in December 2020, Nissan has managed to garner over 35,000 bookings and over 1.5 lakh enquiries.
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Similar to Ford’s RS and Volkswagen’s GTI, the N performance cars signify Hyundai’s take on their normal street cars pumped up for more fun and better performance.
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Transport vehicles older than eight years could be charged green cess at the time of renewal of fitness certificate
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The i4 is yet to be unveiled, but some details about the electric car are available. The i4 M is not expected to be a full-fledged M-performance car, but rather an ‘M-Lite’, much like the M340i.
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Both companies ready slew of launches that will take place at regular intervals over the coming quarters as they vie for a bigger slice of India’s two-wheeler pie
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Here is what made headlines in the auto space during the week
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The purpose-built truck can store vaccines up to a maximum of negative 20 degree which can be monitored at all stages of the delivery process
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Bajaj’s plans to throw open bookings in more cities had to be deferred because of the disruption in supply of battery cells due to the pandemic. So far, bookings and deliveries have only been taking place in Bengaluru and Pune
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Incorporated on January 19, 1984, Hero MotoCorp achieved its first one million cumulative production milestone in 1994 and went on to cross 50 million units in 2013 and 75 million units in 2017.
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The Pune-based manufacturer of Pulsar and KTM range of bikes has seen costs rise by 2-4 percent since November led by a jump in the price of raw materials like steel and metals
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The Scooters India brand name shall be sold separately as the company holds famous brands such as Lambretta, Vijai Super, Vikram and Lambro, shared an official. The company produces several types of three-wheelers under the Vikram brand.
