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Analysts say concerns around how a new government’s financial policies could affect peoples’ income, and restrictions on moving large amounts of cash during the election

Royal Enfield sales up 12% at 81,870 units in April

Dometic sales were at 75,038 units last month as against 68,881 units in the year-ago period, up 9 per cent, Royal Enfield said in a statement

TVS Motor sales up 25% in April at 3,83,615 units

The company had dispatched 3,06,224 units to its dealers in the same month last year, TVS Motor Company said in a statement

Maruti Suzuki's total sales increase 5% to 1,68,089 units in April

The company had dispatched a total of 1,60,529 units to its dealers in the same month last year, Maruti Suzuki India (MSI) said in a statement.

Ride-hailing app Uber ceases operations across Pakistan

Our subsidiary brand, Careem, will continue operations offering ride-hailing services across Pakistan, the spokesperson said.

Tech Mahindra, Atento join hands to offer GenAI-powered services

Atento is a customer relationship management (CRM) and business transformation outsourcing (BTO) company in Latin America

Maruti Suzuki Q4 net profit rises 48% to Rs 3,878 cr, firm declares Rs 125 dividend

For the entire financial year, the company’s standalone net profit went up by over 64 percent to Rs 13,209 crore as against Rs 8,049 crore during the previous year ended March 2023

The Drive Report: 2024 Jeep Wrangler

In a pre-emptive strike, Jeep India has launched the 2024 Wrangler to re-emphasise the fact that it is truly the first citizen of hardcore off-roaders, no matter how many copycats it spawns.

Tesla CEO Elon Musk's India visit to last around 48 hours, may unveil plans for Starlink service

Regulatory approvals for Starlink are in final stages and the company is likely to receive a licence soon

Tesla in talks with Reliance for rolling out manufacturing JV in India: Reports

While the specifics of RIL's role are yet to be finalized, the conglomerate is expected to play a significant part in establishing the manufacturing unit and supporting ecosystem for Tesla in India.

Luxury car sales could breach 50,000 units mark for first time ever in 2024: Audi India head

On Audi's focus areas for the current year, Dhillon stated that the automaker would like to push sales as it now has a very strong product portfolio in the country

BMW reveals all-new Vision Neue Klasse X with eye on future

The firm claims that the upgraded technology increases charging speed by 30 percent, which means that 300 km of range can be re-charged in 10 minutes

Kia India to hike prices by up to 3% starting April 1

This decision is attributed to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year, the carmaker said in a statement

M&M signs MoU with Adani Total Energies E-Mobility to broaden EV charging infra access

The association will be beneficial to the XUV400 customers who will now have access to more than 1,100 chargers on the Bluesense+ App

Is the EV policy a bait for Tesla or a bet on realising India’s manufacturing potential?

Import duty relief for electric cars has built-in riders that safeguard domestic players while encouraging global investment 

Japan Carmakers: Speed up consolidation to compete with China’s EVs

China sees an opportunity to dominate, and to counter it, huge investment in technology is needed, from batteries to automated driving systems. The industry transition might leave room for only five major automakers worldwide. The Japanese industry could gravitate into two groups — the Toyota-affiliated firms and everyone else

Maruti Suzuki eVX spotted testing again: New details come to light

The Maruti Suzuki eVX is probably one of the most anticipated electric vehicles from the Indian carmaker’s stable and a new video of the electric SUV was just uploaded to YouTube

What happens if EV makers go bust?

Before making a big purchase consumers should ask how stable and established is the brand and whether shareholders will bail out if something goes wrong. There are a variety of potential headaches for customers: Vehicles may lose value, parts can be difficult to obtain and the warranty may not be fully honoured. This is where the option of leasing becomes attractive

Can European carmakers stop China’s electric behemoth BYD?

The company began selling on the continent a little over a year ago and is already making inroads

India's EV revolution is spreading from autorickshaws to motorbikes

Unlike the US where luxury cars are electrifying first, India is moving in the opposite direction. Electrification of conventional cars and SUVs is still moving at a snail’s pace, winning just a 2% share of four-wheeler sales last year. E-rickshaws aren’t just cleaner and quieter — they’re more profitable, too, and sales are exploding. By 2030, batter-powered two-wheelers could account for 60% of sales. When the EV revolution arrives in India, it will come from the bottom up

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

To sell an EV, put a $420,000 price tag on it

For established brands with a strong track record, taking an electric leap and targeting those buyers willing to spend big money appears to be the best path forward through the current EV winter. An added benefit may come from flow-on effects as technology developed for high-performance cars eventually flows through to mass-market vehicles, boosting power and making EVs more sustainable and affordable in the long run

Hero MotoCorp launches Mavrick 440 at Rs 1.99 lakh, bookings open

The Mavrick 440 is available in three variants – Base, Mid, and Top – at Hero MotoCorp dealerships nationwide

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.

The Eastern Window: China ready to challenge Japan to become the world’s biggest auto exporter

Japan’s position as the world’s biggest auto exporter is being seriously challenged by China which has achieved a sharp increase in exports. Two important reasons, the Ukraine war and the growth in New Energy Vehicles, are helping China’s quest for the No. 1 slot

Foreign auto makers exiting China are making a smart move

Strategic reductions by many companies are a sign of pragmatism and an acknowledgement that the world’s largest car market isn’t necessarily a profitable one. Pricing power, government subsidies, and the speedy adoption of new-energy vehicles like battery and hybrid-powered models by Chinese automakers made foreign brands increasingly redundant

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.

EV Transition: Can governments forego massive revenues from fuel taxes?

Fuel taxes have five distinctive advantages for governments: They establish a direct link between road usage and payment; they collect lots of money; they are simple and cheap to manage; taxpayers largely accept them as fair; and finally, they are difficult to evade

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

Kinetic Green to launch e-Luna next month, bookings to start on Jan 26

For the passenger B2C network, the business anticipates a need for 50,000-70,000 e-Luna vehicles and for the last-mile delivery sector another 20,000–30,000 units

Specs Comparison: Hero Mavrick 400 vs rivals

Hero has now entered the premium segment with the Harley-Davidson X440-based Mavrick 440. But how does it stack up to the competition?

Fronx clocks 1 lakh sales milestone in passenger vehicle segment in record time, says Maruti

The model has crossed the milestone in 10 months, setting a new industry benchmark, the car market leader said in a statement.

Revving Up: Take a look at the new Tata Punch EV

The Punch’s suspension seems to have been set up for India’s bi-polar infrastructure. On the new and smooth roads and highways, it absolutely soars, showing great composure at high speeds. On bumpy, uneven and battered surfaces, its ground clearance, entry and departure angles can be utilised in a way that the Tiago EV’s simply cannot.

The Drive Report: Tata Punch EV

The Punch EV is a spirited, well-engineered car that’s here to make its rivals redundant

Chinese EV shipping deals are either savvy or very risky

Chinese companies like BYD and SAIC are more worried about getting their cars to market rather than its costs. When you’re a fast-growing company intent on breaking into new territories, long-term strategy may trump short-term financial returns. Should foreign markets like Europe, the US and the Middle East really take to Chinese EVs, then these ship deals will seem savvy. If not, they could hang like an albatross around carmakers’ necks

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.

Ola Electric gets domestic value addition certificate under auto PLI

The company successfully met the domestic value addition (DVA) criteria of 50 per cent among others as mandated by the Union Ministry of Heavy Industries, under the Production Linked Incentive (PLI) scheme for automobile and auto component industry, Ola Electric said in a statement.

EVs are cheaper than ever. That’s bad for EV owners

Price parity now appears to be arriving. That’s great news for the electric car industry, and for drivers who’ve not been able to afford a battery vehicle. But not so good for EV owners who want to sell their used cars

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.

Volkswagen Group's auto sales in India rise to 1,45,713 units in 2023

Of this, domestic sales stood at 101,465 units, while 44,248 units were exported, it said in a statement.

VW, Toyota saw China market share shrink in 2023: industry association

Sales of SAIC VW and FAW VW include brands of VW, Audi and Jetta.

Hyundai unveils its electric air taxi at CES; flights to take off in 2028

First showcased at the 2020 CES, Hyundai’s aviation arm, Supernal, has unveiled a more fleshed-out version of its electric vertical takeoff and landing vehicle, the S-A2. The company says the aircraft is ready for solid-state batteries.

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 

Bengaluru man turns Alto K10 into self-driving car using second-hand smartphone

Watch how a Bengaluru-based tech enthusiast transformed a customized Maruti Alto K10 into a self-driving marvel using a simple budget smartphone and Flowpilot, an open-source driver assistance system. Discover how this differs from Tesla!

A look at eight new cars and bikes ready for unveiling this month

2024 is about to start with a bang with new vehicles coming from the likes of the Kia, Mercedes, Hero and Ather.

Bajaj Auto launches 2 new variants of Chetak Electric Scooter: Check features, prices, more details here

The Chetak Premium 2024 also has a "Green Score" feature, allowing users to keep track of their carbon footprint reduction, fuel consumption reduction, and monetary savings.

Toyota Kirloskar Motor announces senior management rejig

As part of the changes, Tadashi Asazuma, currently Executive Vice President, has been elevated as Deputy Managing Director Sales-Service-Used Car Toyota Kirloskar Motor (TKM) and Lexus, the company said in a statement.

Everything you need to know about the upcoming Royal Enfield Shotgun 650

The Royal Enfield Shotgun 650 was first showcased at the MotoVerse 2023 event in Goa. But while that was a limited edition, the mass-production Shotgun 650 is also nearly here.