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The auto industry has been facing headwinds even before the COVID-19 pandemic derailed the entire sector last year, a research conducted by the Society of Indian Automobile Manufacturers (SIAM) has revealed.
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While for passenger vehicles it was the second-best monthly sale, for two-wheelers and commercial vehicles it was the best month in retail demand
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The first half of the year is likely to see a barrage of highly sophisticated and powerful electric cars – the most India has ever seen. Here is what you need to know.
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The rearrangement of shareholding of TVS Group will help the next generation of entrepreneurs branch out to newer investment areas
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The present shareholders of the TVS Holding Companies primarily consist of the third and fourth generations of the founder, TV Sundaram Iyengar
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The average discount offered by the company during Q2 was Rs 17,300, well below the Rs 25,000 offered in the same period last year, when it was clearing BS-IV stocks
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Barring Eicher Motors-controlled Royal Enfield, India’s top five two-wheeler makers – Hero MotoCorp, Honda, Bajaj Auto, TVS Motor, Suzuki and Yamaha – reported an increase in domestic sales in October
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A senior Hero MotoCorp official has confirmed that the partnership will keep ‘expanding and extending’ in future.
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The commercial vehicle segment is regarded as a barometer of economic activity in a country. Any green shoots in the segment indicate a direct pick-up in the economy. And there are signs aplenty, not just at Tata Motors, but at its rivals as well.
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The Harley-Hero non-equity tie-up is a distribution-based partnership which does not involve transfer of technology from Harley. It involves handing over sales, service and distribution of its products to Delhi-based Hero MotoCorp.
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This is the second-consecutive monthly year-on-year growth recorded by the passenger vehicle and two-wheeler segment
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The powertrain of Honda Highness is believed to be a 300-350cc mill. Possibly a reworked version of the CB300R’s 286cc liquid-cooled motor.
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Many bike owners learnt about the company’s exit from India on Sept 24 from news articles. Service support, spare-parts availability to the 25,000-odd bikes it has sold in the country an issue.
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In August, Harley-Davidson had indicated exiting some of the loss-making international markets to focus on the US market
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The electric version of the Vespa, which the Italian company sells in Europe, got a good response at the India Auto Expo. However, inability to scale up component sourcing within India to 100 percent has made Piaggio fight shy in launching EVs in India
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The Skoda Rapid TSI Automatic gets the same 1-litre turbo-petrol engine that makes 110 PS of maximum power and 175 Nm of peak torque.
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Entry-level cars and sports utility vehicles believed to have kept up momentum through August, as demand outstripped supply across select segments.
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The company, which had recently launched an all-new 5th generation version of the Honda City sedan, said it will continue selling the 4th generation of the car in two variants SV and V grade with BS-VI compliant 1.5-litre petrol engine in manual transmission.
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VECV had sold 3,538 units in the same month last year, Eicher Motors said in a regulatory filing.
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Maruti, Tata Motors, Honda Motorcycle offer direct loans, higher margins, and longer credit period to help dealers tide over Coronavirus-induced crisis. Zero retail sales, lower margins and new dealerships have forced many dealers to down shutters.
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Batteries account for up to 40 percent of the EV cost. So, the price of an EV with battery deters it from becoming a mass product. Allowing registration of EVs without batteries will be a game changer, believes the govt.
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The battery could be provided separately by the OEM or the energy service provider
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Ceat scrambles to ramp up production as heavy demand from replacement market and two-wheeler makers wipes out inventory
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Certain urban markets are underperforming because of lockdown-related measures but rural demand has compensated for the shortfall
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The two design centres will be the first by Bajaj Auto outside of India.
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Beginning with an economic slowdown, which was exacerbated by the Covid pandemic at the end, FY20 was a tough year for India’s auto sector. But that didn’t stop top executives at some 2-wheeler makers from riding away with pay hikes
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Small luxury cars were once the volume generators for the automotive industry. Today, companies are pulling them out of showrooms. Mercedes-Benz India, for example, has phased out three of its four models in less than a year.
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The subscription service will begin as a pilot project in Gurugram and Bengaluru and will be initially available on Swift, Dzire, Vitara Brezza and Ertiga from Maruti Suzuki ARENA Channel and Baleno, Ciaz and XL6 from NEXA Channel, the company said in a regulatory filing.
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The Bharat Petroleum fuel pump located near the Regional Transport Office in Pune is the first fuel pump in India to offer this service.
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A limp-to-home feature allows Ampere's Magnus Pro riders to go 10 kms ride even when battery is at 10 percent
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The maker of Pulsar and Chetak sells more vehicles outside of India than in India.
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The company is targeting women buyers and corona warriors like doctors, cops and other with special offers such as 8-year loan term, 90-days moratorium on payment and 100 percent on-road funding.
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The company is also offering 100 percent funding on all of its cars with finance schemes available with tenures as long as eight years.
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The company just announced plans to introduce the app starting this summer. The method for the update will be available sometime mid-June and the company says it will be free.
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Big Boy Toyz, a dealer in used cars and premium bikes, sold around 12 cars last month worth a total of Rs 12-13 crore
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Automakers are desperate to get back on track after having sold zero vehicles in over 40 days
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If there is no direct government intervention to uplift demand then the auto industry is staring at its worst year ever.
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Many automotive dealerships located in Karnataka, Goa, Orissa and the North East have reopened, according to a senior functionary from the Federation of Automobile Dealers Association.
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From producing an average of 2.19 million units a month in FY20 these factories were brought to a complete halt in April
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Even a Mercedes-AMG S 63 Coupe, costing Rs 2.6 crore, can now be ordered online. The online platform will go digital on May 4
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According to a report in Racefans, Ferrari issued a statement clarifying the claim made by team principle Mattia Binotto. The article in The Guardian suggested that Binotto hinted at quitting F1 if budget caps were imposed
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In many places, public transport has shut down too, which means in a case of emergency you may be required to use your car. And being a country that has more than 30 million cars on the road, it becomes necessary that we practice the necessary hygiene and cleanliness in the car as we would in our own houses.
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BS4 stocks are to become obsolete from April 1 onwards as India adopts BS6, the most advanced emission norm in the world
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Husqvarna Motorcycles will be sold from the KTM showrooms, which have been upgraded to sell both KTM and Husqvarna brands.
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Bajaj Auto has started to develop single-seater, low-power electric scooters with a price tag of around Rs 30,000-35,000
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This is the first time in nearly two years that Bajaj’s two-wheeler exports have surpassed that of its domestic volumes
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Here is a complete look at what made headlines in the automotive space during the week
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Cutting GST to 18 percent from the current 28 percent would have offset the 10-15 percent increase in vehicle prices due to BS-VI
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Besides Baleno, Altroz will compete against the Hyundai Elite i20, Honda Jazz, Toyota Glanza and Volkswagen Polo.
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Manufacturers have suggested a slew of measures to the Finance Minister with a hope to see a turnaround in coming months
