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Mercedes-Benz India, which currently assembles its flagship electric luxury sedan EQS at its Chakan unit, is considering localisation of other models depending on demand

Updated On: 14 Jul 2024 | 11:15 AM IST

Three-wheeler shipments, however, saw a drop of 3 per cent year-on-year to 71,281 units in the April-June period this year as against 73,360 units in the year-ago period

Updated On: 14 Jul 2024 | 11:02 AM IST

Commodity prices went up in Q1; impact likely in Q2

Updated On: 14 Jul 2024 | 10:26 AM IST

In July, their combined share surges past Ola's

Updated On: 13 Jul 2024 | 11:23 AM IST

The auto industry body sought incentives to promote EVs in Budget

Updated On: 12 Jul 2024 | 11:49 PM IST

China accounted for over 60 per cent of the total, as rising availability of electric vehicles and strong sales by BYD contributed to an increase

Updated On: 12 Jul 2024 | 12:40 PM IST

The government's support to the EV industry has been through direct subsidy on the price of the vehicle through FAME, PLI and now the EMPS scheme aggregating to over Rs 59,000 crore

Updated On: 12 Jul 2024 | 9:21 AM IST

ICRA also expects the industry to invest Rs 20,000-25,000 crore in FY2025 for capacity expansion and technological advancements

Updated On: 11 Jul 2024 | 6:38 PM IST

Red Sea crisis is likely to impact margins of auto component industry over next few quarters amid higher container rates and shipping time, credit ratings agency ICRA said on Thursday

Updated On: 11 Jul 2024 | 6:12 PM IST

Sales of EVs during April-June contracted 7 per cent year-on-year to 346,024 units, data from the Ministry of Road Transport and Highways' VAHAN portal showed

Updated On: 11 Jul 2024 | 11:00 AM IST

While the average sale price of cars in China fell 13.4% in the past year, the average margin of automakers rose to 7.8% in 2023 from 6.3% the previous year

Updated On: 11 Jul 2024 | 7:59 AM IST

Mobility sector's growth path set to accelerate to 25% by FY30: Deloitte

Updated On: 11 Jul 2024 | 12:16 AM IST

The numbers are the latest sign that Tesla is losing its dominance in a market it in effect created in 2012 when it introduced the Model S sedan

Updated On: 10 Jul 2024 | 11:57 PM IST

H2FY25 expected to see demand revival as monsoons end; H1 affected by elections

Updated On: 10 Jul 2024 | 11:48 PM IST

The 2024 TVS Apache RTR 160 Racing Edition is priced at Rs 1,28,720 (ex-showroom Delhi,) and it is available for booking across the company dealerships, the statement said

Updated On: 10 Jul 2024 | 3:44 PM IST

Move came a day after UP government waived registration fees on strong hybrid cars

Updated On: 09 Jul 2024 | 10:47 PM IST

The most popular car models among buyers included the Hyundai Grand i10, Maruti Suzuki Swift, and Baleno

Updated On: 09 Jul 2024 | 10:28 PM IST

Around 100 strong hybrid cars were sold per month in Uttar Pradesh in FY24

Updated On: 08 Jul 2024 | 11:58 PM IST

Plan includes provisions for reduced duties on imported cars contingent on committed funding

Updated On: 08 Jul 2024 | 11:42 PM IST

In FY23, the Indian two-wheeler industry recorded sales of 19.51 million units, an 8 per cent growth compared to the previous fiscal year's 18.01 million units

Updated On: 08 Jul 2024 | 6:00 PM IST