Page 102 - Auto

Amid strong festive demand, car dispatches likely to make new record in Oct

Car sales have broken the sales record for a third straight month in October

Aston Martin to double its volume with new South India dealership

Aston Martin's decision to expand its footprint in South India reflects a strategic choice, due to the region's growth in the sports car segment

Tata Motors October Sales: Total domestic sales up 6% YoY, EVs shine

Electric passenger vehicle sales went up by 28 per cent YoY. This includes both domestic and international business figures

Toyota Kirloskar Motor reports 66% jump in sales in October to 21,879 units

Earlier this year, media reports stated that Japanese auto major Toyota is looking to set up a third manufacturing plant in India

Bajaj Auto October sales: Domestic 2W, CV sales up, exports take a hit

Bajaj Auto reported the highest-ever domestic commercial vehicle sales in October 2023, which were up 39%

Toyota pledges $8 billion more for US battery plant to rev up EV push

The company, which plans to have electrified options for all its models available by 2025, said the latest move will bring its total investment in the plant to about $13.9 billion

e2W registration: Share of top 4 races to 90% in Oct from 72% in January

In June, e2W registrations declined to 44,000 as companies increased the prices of their models

Uneven monsoon's impact on rural demand a concern: ICRA on auto sector

The segment had witnessed a robust growth in volumes in FY23 on a curtailed base, ICRA said

Tata Motors wins Rs 766 crore plus interest at 11% for losses in Singur

Arbitral Tribunal also allows it to recover Rs 1 cr towards the cost of proceedings

General Motors reaches tentative agreement with UAW, ending 6-week strike

The deal follows the pattern set with Ford last week and Jeep maker Stellantis over the weekend

Cars24 reports revenue of Rs 5,535 cr in FY23, 8% increase from FY22

The company reported profit before tax (loss) of Rs 467.8 crore in FY23 compared to Rs 1093.1 crore in FY22

PV industry expecting zero growth in volume sales in FY25: R C Bhargava

In the first half of FY24, sales in the Indian passenger car segment, which comprises small and compact cars, witnessed a year-on-year (Y-o-Y) decline of 7.9 per cent

Hybrid vehicles take lead in realm of eco-friendly mobility solutions

Hybrid car sales have surged from 4.42 per cent of the 4.1 million cars sold in CY22 to 7.2 per cent this year

New Renault Duster to get three engine options; global debut on Nov 29

The new Duster will likely be launched in the Indian market by 2025. Along with the 5-seater Duster, Renault is planning to launch a 7-seater version of the car which will be called "Bigster"

India recorded flat car and SUV sales in Navratri this year: Report

Between Shraadh and Navratri this year, the total car sales were around 330,000 units, 16% higher than 283,000 last year

General Motors withdraws its 2023 guidance, UAW strikes SUV plant

With the UAW clash throttling revenue and profits, Chief Executive Mary Barra told investors the automaker will slow its electric vehicle strategy to put profits ahead of sales targets

Battery testing race to work out what used electric vehicles are worth

With traditional combustion-engine cars, mileage and years racked up can quickly tell prospective buyers how much they should fork out

As Pak Suzuki plans to delist, a glance at Pakistan's automobile industry

Auto sector in Pakistan has registered a huge decline in sales volumes from the latter half of 2022, thanks to the import restrictions imposed by SBP on the import of CKD kits of vehicles

Tesla to exceed $9 bn spending target this year as it rolls out new models

The company's spending is, however, expected to return to the $7 billion and $9 billion range in the next two years, a regulatory filing showed

1,200-km range, 10-min charge: Toyota near solid-state battery breakthrough

If successful, Toyota said that solid-state batteries will double the range of EVs up to 1,200 km, and the charging time will be 10 minutes or less