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Tata Punch goes on sale from today, will soon get an electric version too

The latest model aims to wean buyers off hatches and compact sedans

Standalone brands, hospitality chains shift into overdrive as demand rises

Other legacy brands are bracing to wrest the odds in their favour by creating niches within their portfolio for offering bespoke services to their guests

Navratri sales: Chip shortage dents PV retails, 2-wheelers see weak demand

High acquisition cost dissuades motorcycle and scooter buyers this festive season, while carmakers have been unable to cater to the demand owing to chip shortage

Suzuki, Denso and Toshiba's lithium-ion JV unit to go on stream by year-end

Development brings Suzuki's India arm, Maruti Suzuki closer to the plans of introducing new tech vehicles, including hybrid and battery electric vehicles by 2025

Zostel asks Sebi to reject and suspend Oyo's $1.2-billion IPO

The move can potentially lengthen Sebi's clearance process

Semi-conductor crunch, high input costs to crimp Q2 show for auto sector

Though weak domestic demand is set to crimp earnings of two wheeler-manufacturers, strong exports are expected to offset this to some extent

Tesla car to be affordable in India, will cost Rs 35 lakh, says Gadkari

No formal announcement yet but the automobile company is anticipated to bring in its competitive Tesla Model 3

Auto registrations drop 5.27% YoY in Sept, decline sharper over 2019: FADA

YoY decline during the month was mainly due to an 11.5% and 23% drop in two-wheelers and tractor sales, respectively

Mahindra XUV 700 gets 25,000 bookings in 57 minutes, equaling 6-mth output

Fastest for any four-wheeler model, claims M&M; bookings to restart at 10am on Friday

Hostel brands eye young budget travelers, make aggressive expansion plans

The concept of hostels as an alternative accommodation is borrowed from the West and is only a decade old in India, but has been gaining popularity

Carmakers stare at nearly 500,000 units of booking backlog, and counting

Chip shortage disrupts production plans

Radisson Hotel Group to make deeper inroads into tier-4 and 5 towns

The multinational hotel chain to open 12-15 hotels each year for 5 years

Ford India's revenue to reduce to less than a fourth in FY22: India Ratings

The firm has indicated that its near-term operational performance would likely be in line with initial FY20 earnings. During the year, it had a revenue of Rs 2,052 cr

Restructuring plan: Ford India talks up compensation with dealer partners

As part of the restructuring plan, Ford will cease production of cars and sport utility vehicles at its plants and will sell vehicles only till stocks last

Pure-play electric two-wheeler firms may fail to ride auto PLI scheme

Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest

TVS Motor acquires Swiss e-bike maker to tap into the segment in Europe

The Chennai-based firm has bought 80% stake in EGO for $17.9 mn; aims to generate $100-150 mn in next 3-5 years by participating in growing demand for e-bikes in the continent

Ola Electric sells scooters worth Rs 600 cr in 24 hrs, 4 units every second

Ola Electric, which had to defer e-scooter sales due to a website glitch last week, opened the purchase of Ola S1 and S1 Pro on Wednesday

Cabinet clears Rs 26,000-cr PLI scheme for auto sector to boost production

Over a period of five years, the PLI scheme for the auto sector will lead to fresh investments of over Rs 42,500 crore and incremental production of over Rs 2.3 trillion

PLI scheme will accelerate commitment to new technologies: Automakers

The scheme will contribute towards reducing carbon emissions and oil imports with local manufacturing

From Ford Motor to Harley-Davidson, why US automakers stalled in India

Failure to read the market and taxes favouring small cars made some of the most storied names in the global automobile industry fail in the world's fifth-largest market