Page 103 - Auto

In a letter, Toyota lobbies Centre to cut hybrid car taxes as much as 21%

India taxes EVs at just 5 per cent, while the levy on hybrids is as high as 43 per cent, just below the 48 per cent imposed on petrol cars

Powering up: India takes 'standardised' road to charge up electric vehicles

The implementation of a universal charging standard by the government would allow users to charge their EVs at any available charging station nationwide

Tata Motors developing new petrol engine to power premium SUV range

In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the engine is being developed and will be featured in the two models going ahead

Delhi govt extends policy meant for electric vehicles till December 31

Gahlot said the Cabinet has approved the extension of the existing policy and all incentives including subsidies under it will continue

Deep discounts on offer to light up car sales in India before Diwali

Average October discounts are up 40-50% compared to last year

DAEWOO plans India comeback in new avatar, to launch electric bikes, cycles

The company is entering the market for the second time as it is confident of India's robust economic growth and surging consumer demand

North trails South in electric scooter sales, Maharashtra miles ahead

As many as 8,417 units were sold in Maharashtra in September. Bajaj Auto's contribution was 4,048 vehi­c­les and that of TVS was 3,389

Auto deals jump 858% in Q2FY24 on back of 16 deals worth $939 million

This substantial growth was primarily fuelled by five high-value deals, each surpassing $100 million

Stand 'firmly' with General Motors Talegaon workers: Maharashtra CM

State government assures workers, says better compensation, jobs among solutions being worked out

Bajaj Auto Ltd Q2FY24 results: PAT up 17.5%, riding on better product mix

After Diwali, Bajaj Auto plans to introduce six new products and upgrades in the 125 cc plus category

Production of 50 GWh battery cells to start in early 2024: MHI Minister

Currently, batteries are only assembled in India, with cells imported primarily from China, Taiwan, and European nations

General Motors delays EV pickup truck production at plant near Detroit

The company said in a statement Tuesday that the factory in Orion Township, Michigan, will instead start making electric Chevrolet Silverado and GMC Sierra pickups in late 2025

Tata Harrier, Safari facelifts launched, get five-star safety rating

Harrier and Safari are Tata's first cars to be tested under the new, more stringent norms of Global NCAP testing

Skoda Auto Volkswagen India to commence exports to Vietnam from 2024

The company, which inaugurated parts expedition centre at the Volkswagen group's headquarters in Chakan, Pune, said 'made-in-India' kits will be shipped from India to Vietnam for final production

War cry for 50%: Maruti's rise to number 1 in SUVs is the result of rejig

Hatchbacks still constitute 30 per cent of the passenger vehicle market. The top three cars in India are still small cars: Swift, Baleno and WagonR. Incidentally, all three are Maruti models

Two-wheeler exports fell by 20% to 1.69 mn units in H1 of FY24: Siam

The Russia-Ukraine war, which started in February 2022, has brought significant instability to global fuel prices

Impact of Israel-Gaza conflict on auto industry negligible, says Siam

Israel is currently preparing its forces along its border with Gaza for a possible ground operation

Domestic passenger vehicles wholesales up 2% to 361,717 units in Sept: SIAM

Similarly, two-wheeler sales increased to 17,49,794 units last month from 17,35,199 units in the year-ago period, SIAM said

Auto industry Q2 preview: Product mix, commodity tailwinds to aid margins

Brokerages expect marginal drop in two-wheeler volumes

No plans to phase out diesel vehicles: BMW India president Vikram Pawah

The company currently has an order book of about 2,000 cars and 1,000 motorcycles