Page 112 - Auto

Glida plans to set up 3,000 EV charging points pan-India by March 2025

Firm currently has 450 charging points in 15 states, most of which are in Delhi NCR and Hyderabad; 1,000 charging points to come up by end of FY24

Passenger vehicle sales up 2% YoY in June, 3W sales almost double: Siam

Two-wheeler sales registered a slight jump of 1.68% as the sales touched 1,330,826 in June 2023, compared to 1,308,764 in June 2022

Luxury car sales up 38% YoY in June, more growth than overall vehicle sales

Going by the current trend, luxury car sales will cross the 40,000 mark taking over the pre-pandemic peak achieved in 2018

Tweaked definition of SUV will provide clarity on tax structure: Industry

The tweak in the definition of an SUV for attracting a cess over and above the GST rate will provide clarity on the taxation structure for utility vehicles

GST Council decides to levy uniform taxation for utility vehicles

India's Goods and Services Tax (GST) Council said that uniform taxation would be levied on multi-utility vehicles and sports utility vehicles, according to a statement

Royal Enfield to launch 3 products in 350-450cc segment within a year

The products will include an all-new Bullet which is likely to be launched in early September, along with an all-new Himalayan (K1G) with a liquid-cooled engine

Toyota Rumion, Ertiga-based MPV to be launched in India by September

This will be Toyota's third product from Maruti Suzuki in India after Urban Cruiser and Glanza which are inspired by Maruti's Brezza and Baleno, respectively

Harley-Davidson likely to make bikes for global markets in India: Report

The American automaker launched its most affordable bike, X440, in partnership with Hero MotoCorp in India last week

Hyundai drives in micro SUV Exter with price starting at Rs 5.99 lakh

Speaking at the launch, Hyundai Motor India MD and CEO Unsoo Kim said with the launch of Exter, the automaker has now become a full-range SUV manufacturer in the country

Bajaj Triumphs: Speed 400, Scrambler 400 register over 10,000 bookings

Triumph Speed 400 deliveries will begin in the second half of July, whereas, Scrambler 400 will be available in October

Maruti Suzuki looking to replicate diesel engine frugality with hybrid, CNG

Maruti Suzuki has clarified that it will not get into diesel vehicles and instead focus on developing and introducing CNG and strong hybrid vehicles

More than budget carmaker: Maruti leads Rs 10-20 lakh segment at 23% share

Maruti Suzuki has been pushing for sales in the premium segment via its Nexa outlets as it looks to secure improved profitability, better margins and high-income customers

Hyundai to launch its micro SUV Exter today at 12 pm, full details inside

Hyundai is set to launch its most affordable micro SUV, Exter today at 12 pm. The micro SUV is expected to be priced between Rs 6 to 10 lakhs

Wild ride for auto stocks in markets so far in FY24 as they burn rubber

Full-throttle performance driven by product premiumisation across vehicle manufacturers

Hyundai Motor's Exter to take on Tata's Punch in entry-level SUVs

Punch has already hit sales volume of 10k-11k units a month

Huge opportunity in electric tractors, trucks: Tube Investments of India

Electric vehicles have emerged as the forerunner of the clean and green transportation mission with wide global adoption

Renault India to re-enter mid-sized SUV segment, to launch 3 models by 2025

Renault currently sells three models -- Kwid, Triber, and Kiger--in the Indian market

Robust Jaguar Land Rover sales in June quarter power up Tata Motors

Wholesale, retail volumes up 30% and 29%, respectively

Bajaj-Triumph, Hero-Harley entry shifts premium bike race into top gear

Royal Enfield is also the undisputed leader in the 250cc-350cc segment, virtually owning the market at a whopping 94 per cent share

Maruti takes an offensive stance in EV space, to launch 6 EVs by 2030-31

So far, Maruti Suzuki has shown little interest in launching electric powertrain vehicles and has advocated hybrid and CNG technology as better alternatives