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MG Motor super charges electric vehicle biz, weighs funding options

MG outlined an investment of Rs2000 crore for FY22 and FY23 and is currently weighing various options to raise more funds as it seeks to charge up the EV business.

High-end cars in high demand but supply a huge issue: Mercedes India MD-CEO

Mercedes' new generation imported and locally assembled Maybach goes on sale in India

Hospitality sector prepares for biz uptick after three waves of pandemic

Led by weddings, hotels see surge in bookings across segments

Two-wheeler sales skid 25% in February amid poor demand, chip shortage

Likely spike in fuel costs following soaring crude prices could delay recovery in the world's largest market for scooters and motorcycles, said analysts

CV sales pick up pace in Feb on improved macro economic factors

Cumulative CV sales at top-four players up 25% YoY to 72,434 units

Mahindra Logistics acquires last-mile delivery firm ZipZap for Rs 72 crore

Mahindra will acquire 60% in the Hyderabad-based firm through primary and secondary purchases in two phases

Tata Motors bucks chip crisis, cements its No. 1 position in SUV market

It had first grabbed the pole position in the SUV segment in October 2021 after the launch of the Punch, a sub-compact SUV offering

Russia-Ukraine crisis: Indian firms brace for fresh round of price spike

In addition to rising oil prices and disruption in supplies, CEOs are worried how rising oil prices will impact their sales

Jeep to expand its India model line-up with Meridian and Cherokee

India to be the first market outside the US to have four nameplates in Jeep's portfolio with Meridian and Cherokee lined-up later this year.

Vehicle registration falls 16% across categories in December: FADA

Poor demands plagues two-wheelers, chip shortage derails PV sales; dealer body cautious of road ahead as various state govts once again announce Covid curbs

After brisk December, hotels face biz loss as Omicron drives cancellations

Large-scale weddings and corporate events in Jan called off or postponed; banquet-driven hotel chains most impacted with some seeing cancellations running into lakhs in a single day

Semiconductor crisis keeps passenger vehicle sales in slow lane in November

Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units

Tata Motors domestic sales up 21% in Nov on better volumes across the board

Growth was led by passenger vehicles, whose sales jumped 32% even as most other manufacturers saw production take a hit due to ongoing chip shortage

Bajaj Auto's November sales decline 10% amid weak domestic demand

Two-wheeler sales in the world's largest market have been under pressure for the last two years

Bumper festive season for e-comm firms; India's rich loosen purse strings

Amazon recently said its month-long sales event had seen the biggest-ever shopping activity for its sellers and brand partners, bringing services to millions of customers

Road freight rates to cool off 10-12% following diesel price cut: IFTRT

The expected fall in truck rentals will be the first in five months

Pre-owned car sellers see brisk volume growth as chip crunch persists

The market for used cars has been outselling, trend expected to continue

Dhanteras glitter dims for consumer appliances firms, automakers

Inflation, second Covid-19 wave, semiconductor shortage major reasons behind tepid sales

Indian 2-wheeler makers not as lightweight as startups may think: Bajaj MD

Takes a dig at newcomers in the EV space at the launch of the all-new Pulsar 250, points to several differences between legacy firms and startups

Bajaj Auto's Q2 net rises 12% on strong exports, beats estimates

Higher input costs drag margins down to 16.4%