Six of the country's top two-wheeler manufacturers who control about 90 percent of the domestic volumes reported 11 percent growth in sales to 1.36 million units in February as against 1.23 million posted same month last year
The country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales increased 11.8 percent to 1,52,983 units last month, as against 1,36,849 units in February 2020.
India's top10 car makers who produce 97 percent of the total domestic sales clocked 24 percent growth in domestic volumes in February at 298,694 units as against 241,533 units sold in February 2020.
Nissan Motor India’s wholesales in February 2020 were 1,029 units, according to the company.
The company had sold 48,910 units in the same month last year, HMIL said in a statement.
The company had sold 1,47,110 units in February last year, Maruti Suzuki India (MSI) said in a statement.
Total domestic sales declined by 2 percent to 1,64,811 units last month, as compared to 1,68,747 units sold in February 2020, Bajaj Auto said in a regulatory filing.
The company had sold 8,601 units in February 2020.
The highlight will be a new air cooled 250cc powertrain. The current Pulsar ranges from the 150cc to the 220cc engines. The new engine will bring a significant increase in power and torque figures.
Powering both, the R nineT and the R nineT Scrambler is a 1,170cc 2-cylinder boxer engine. The upgrade to the new BSVI norms has dropped the power figures, but not significantly.
Powering the new MINI will be the same old 2-litre turbo-petrol in India. Internationally as well, there have been no changes to the powertrain options.
The new badge, while still representing the lion, features just the head emblazoned on a shield. This is very familiar to the 2018 e-Legend concept.
Here is a complete wrap of all the top stories of the week
Tata Motors, once a laggard in the auto industry when it came to car sales within India, is suddenly firing on all cylinders. In just ten months, and with just five models, it has managed to script a surge in turnover, with Nexon sales doubling to 8,200 units a month. We look under the bonnet to find out what changed at the carmaker in such a short time
The company, in partnership with Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub at IIMB, has shortlisted 26 mobility startups for a 9-month extensive incubation program, Maruti Suzuki India said in a statement on Friday.
Government’s support is needed since investments required for localisation of semiconductor is large and the beneficiaries include companies from the non-auto sectors also
Practical, frugal and convenient. Here are some of the best, value-for-money automatics in the market.
When Maruti was scouting for a partner in the 80s, the Indian govt was not in favour of Suzuki. The Japanese firm eventually won the deal, and Osamu Suzuki made Maruti Suzuki a household name in India. The Indian operations later even surpassed sales in the company’s home market.
Suzuki Motor Corporation, as part of its mid-term management plan lasting five years beginning April 2021, also plans to launch hybrid and electric vehicles, boost its presence in the SUV segment, and add several mini showrooms in the rural pockets of India.
The Hyundai Alcazar will offer customers upscale mobility, be it for business travel or families travelling together, the company said in a statement.
The recall mostly concerns the Kona EV, Hyundai's biggest-selling electric car which was first recalled late last year for a software upgrade after a spate of fires. One of the recalled Kona EVs caught fire in January, however, and South Korean authorities launched a probe into whether the first recall had been adequate.
The e-tailer has already started deploying 2 and 3-wheeler electric vehicles in multiple locations for delivery across the country, including in Delhi, Bengaluru, Hyderabad, Kolkata, Guwahati and Pune.
The top-spec versions on the other hand get new features like cruise control, Hill hold assist, coloured MID and auto folding outside rear view mirrors.
General Motors India had told employees in a letter dated February 19 that they have time till February 23 to either accept the voluntary separation package or face a lawsuit
General Motors has sent a letter to its employees asking them to accept the voluntary separation package issued by it or be ready to face a lawsuit.
The 178.6 cc model gets sporty split seats, black alloy wheels, LED tail lamp, five-speed transmission gear box with telescopic anti friction bush in the front suspension and a five-way adjustable nitrox shock absorber in the rear suspension.
The Honda CB500X is available internationally and if the same model makes its way to India, you could see a 471cc parallel-twin capable of producing 47 PS of power and 42 Nm of torque.
This is the second product in the EV space by the company with the first being the passenger electric three-wheeler Ape’ E-City which was launched in late 2019 and came with swappable battery technology
The agreement Bharat Forge and Paramount Group will see the production of Kalyani M4 - a multi-role platform designed to meet the specific requirements of armed forces.
Despite uncertainties over increasing commodity prices and supply of semiconductors, Tata Motors expects its growth in the upcoming fiscal to be better than that of the industry.
Tata Safari does not have much competition for now. However, there are at least two new launches scheduled in the seven-seater SUV segment. Check out where does the Safari stand
The Safari will be available in six variants – XE, XM, XT, XT+, XZ and XZ+- not including the Safari Adventure edition.
First drive impressions of the car, which scores on nearly all parameters
The Jimny that is being exported currently is a three-door variant, and there is a word that a five-door version of the SUV is under development. This will be the more practical choice for the Indian market considering our market comprises more of family buyers.
Here is a wrap of all the important news in the automotive space this last week
Maruti does not provide reasons for the delay. Royalty payment is computed every quarter by MSIL and shared publicly. Rupee-denominated payment formula was envisaged to escape the adverse risk of the yen-rupee fluctuations.
Does the mammoth Mercedes-Benz GLS offer the ideal balance of luxury and utility that we seek?
Be it Maruti, Tata, Hyundai or Nissan, carmakers are not able to meet demand because production lines are either running at full capacities or they are facing a semiconductor shortage. Dealers are facing unusually low inventory levels and the waiting period for some models are stretching up to six months.
The price of its Model 3 Standard Range Plus has been lowered to $36,990 from $37,990, while the Model Y Standard Range's price came down to $39,990 from $41,990, according to the website.
Move follows better-than-expected recovery in demand in recent months. From an average 2.61 lakh units per month during April-July, Hero MotoCorp sales touched 5.91 lakh units a month in the September-January period. Company ready to make provisions for more spends if demanded by the market.
The carmaker said it will invest $1 billion to convert its vehicle assembly plant in Cologne, Germany, to become the US automaker's first electric vehicle facility in Europe.
The study will also identify gaps that impact vehicle manufacturer-dealer partnership across all key business aspects.
Japan's second-biggest automaker will announce the decision after a board meeting as early as Friday, the sources said, requesting anonymity because the information is not public. Toshihiro Mibe will be confirmed as president and representative director at an annual shareholders' meeting in June, sources said.
The automaker, which has completed 25 years in the Indian market with over $4 billion investment so far, also plans to enhance digitisation across its all business verticals and focus on mobility services like subscription, hailing and sharing verticals to fuel future growth in the country going ahead.
The target company PSEPL recorded zero revenues as of March 31, 2020 but a loss of Rs 76.97 lakh during the same year
So far, the Comfortline trim was only available with the standard 1-litre naturally aspirated engine. The 1-litre turbo-petrol on the other hand churns out 110 PS of power and 175 Nm of torque over the standard 75 PS and 95 Nm. Transmission option is limited to a 6-speed manual.
Honda CB350 RS will be available in red and a combination of black and yellow colours and will be sold across the Honda BigWing dealerships
In terms of demographics, total sales share from rural markets has jumped to 41 percent from 35 percent
The two bikes are being recalled to address a potential brake corrosion which could lead to a crash.
The Genesis G80 that was spotted testing sits between the smaller G70 and the top-of-the-line G90 in the luxury sedan line-up and competes with the likes of the Mercedes-Benz E-Class and BMW 5 Series.