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The $260-million offer made by the preferred bidder is nearly the same as M&M’s purchase price inked in late 2010.
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Hero Cycles is set to buy two overseas companies as it seeks to expand its global footprint
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The company, which sells popular models like Activa and Shine in the country, aims to start feasibility run of the electric scooter with its dealer partners at the end of the festive season this year.
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As per FADA, around 170 Ford dealers (with more than 300 dealership) have been impacted because of this sudden exit decision leading to loss of employment of around 40,000
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The Apache brand of motorcycles has helped TVS become the leader in not just the 150cc to 200cc segment, but it has become the highest-selling brand in the 125cc to 200cc motorcycle segment as well
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China dominates the production of iron-based batteries thanks to a series of key patents, which have allowed the country to make 95% of the world's Lithium Iron Phosphate (LFP) batteries.
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TVS has lined up capex of Rs 750 crore for FY22 which is Rs 150 crore more than the Rs 600 crore planned earlier.
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Deliveries of all of the 5,000 units of the five-seater SUV will be completed before December-end
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The deliveries for the XUV700’s petrol variants will start from October 30 while for diesel variant deliveries will begin from the last week of November
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The supply problems would cost Renault, which is set to publish its third-quarter sales on Friday, over a third more than the 220,000 lost vehicles it forecast in early September.
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The supply problems would cost Renault, which is set to publish its third-quarter sales on Friday, over a third more than the 220,000 lost vehicles it forecast in early September.
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TAIPEI Taiwan tech giant Foxconn is looking at making electric vehicles (EVs) in Europe, India and Latin America, including "indirectly" coope..
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Sun Mobility will have 500 Swap Points in India by end-2022, plans to roll out products to enhance the swap experience, and firm up its share in battery-swapping space.
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The upside could come from Tesla's Shanghai factory, which has surpassed the company's factory in Fremont, California in terms of production, and has cut costs with the use of more Chinese parts including batteries.
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Bajaj Auto, Tata Motors and Ashok Leyland had shut down production at their Pantnagar plants as a precautionary measure on October 19
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The new S90 B5 Inscription sedan and XC60 B5 Inscription SUV now feature a 1,969 cc petrol engine paired with a 48-volt battery.
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"As demand for these materials increase, the pressures on these (economically marginalised) regions are likely to be amplified, risking the goals of a socially and ecologically sustainable renewable energy system," according to the Institute for Sustainable Futures at University of Technology Sydney.
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DAO EVTech is laying the groundwork for the launch of its first electric two-wheelers in the Indian market as it pursues talks with the Andhra Pradesh government for a plant in Chittoor that will manufacture products for export
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The Tata Punch is positioned below the Nexon and will compete against the Renault Kiger and the Nissan Magnite, which are priced at Rs 5.6 lakh
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India’s EV industry is thriving on an array of incentives provided by central and state government to promote the faster adoption of the eco-friendly vehicles
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The Gurugram-based Okinawa, named after the eponymous Japanese city known for its high life expectancy of over 100, has a portfolio of six electric scooters priced at Rs 50,000-1.14 lakh.
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The petrol trims are priced at Rs 10.79 lakh and Rs 11.49 lakh while the diesel variants are tagged at Rs 11.09 lakh and Rs 11.89 lakh.
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Locally produced at BMW Group Plant in Chennai exclusively for the Indian market, the car is available with immediate effect across BMW dealerships in the country in both petrol and diesel variants, it said in a statement.
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Tata Punch is the third Tata Motors model after Nexon and Altroz, and the fourth from India, to secure the highest safety ratings from Global NCAP in its crash test
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Car dealers are sitting on an order book exceeding 500,000 units with waiting periods extending over six months for certain models, even as automakers continue to cut supplies due to the acute semiconductor shortages.
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The landmark has been achieved in less than five years. TVS Motor Company's Hosur manufacturing plant produces around 10 per cent of BMW Motorrad's volumes globally, the company said in a regulatory filing.
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The latest clash is another sign of escalating tensions between Tesla and the agency that regulates partially automated driving systems.
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A TPG-led round of $1 billion will give Tata Motors’ new EV subsidiary a valuation of $9.1 billion, making it the most valuable company in the EV category in India
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The PV business will benefit from the fees paid to it by the new EV company for using its brand and IP.
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The all-new scooter will be available as a completely built-up unit (CBU) and can be booked at all BMW Motorrad India dealerships from today onwards, the company said in a statement.
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These fully airconditioned buses that can accommodate 43 passengers, are powered by a 5.1 litre VEDX5 diesel engine
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Ola Car’s vision is to offer the full spectrum of vehicle commerce – from buying a vehicle to selling it and everything in between
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The company will use the fund to grow its business, further strengthen its technology capability and for other transformational initiatives, according to a statement.
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MG is betting on the artificial intelligence (AI) and autonomous driving features on the Astor to attract customers of the mid-size SUV segment which has seen rapid rise in demand
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The impact of the chip shortage has been the most severe on Maruti Suzuki. October is the third month in a row that production at the car market leader’s plants is less than planned.
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With its short-turning radius and diminutive dimensions, the Tata Punch lives up to both the “compact” and the “SUV” label.
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Musk wants Tesla’s factories to be closer to its customers with at least one factory catering to one major continent.
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Addressing 'India Today Conclave 2021', Nitin Gadkari further said electric cars manufactured by Tata Motors are not less good than electric cars manufactured by Tesla.
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Price of diesel has gone up by 23% since January 1, 2021 while that of petrol has gone up by 22%
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The company already sells a 110cc version of the scooter and Jupiter 125 expands the product portfolio.
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Tata Motors has become an outlier in the passenger vehicle (PV) industry, posting growth in sales every month even as its competitors are forced to shut production to parts shortages
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Demand for cars, SUVs and vans was strong during September but manufacturing took a hit due to chip shortage, which is unlikely to go away in a hurry
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Building on a series of earlier electric vehicle investment announcements, the big US automaker said it was on track to rapidly scale up its EV business, which will include a vehicle priced at $30,000, cheaper than offerings from Tesla and other rivals.
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Mercedes-Benz saw 79% YoY jump in car sales between January-September 2021 and claims it would have sold 20% more if not for business disruptions
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The process of forming new entities will be completed over the next 12-15 months, and the company hopes to have investors on board by the end of FY23
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The shortage of semiconductors is expected to continue in the current quarter, translating into lower production of trucks
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Global sales of EVs, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte.
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Given the features on offer and the proven vehicle platform used (same as Altroz), the Punch will mostly likely target the Renault Kiger and the Nissan Magnite
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A list of the most prominent car launches and their details, including price.
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The domestic sales last month stood at 27,233 units, down 52 percent from 56,200 units in September 2020.
