Page 121 - Auto

Realtors buy 2,181 acre land since Jan 2022 for about Rs 26,000 cr: Report

Real estate developers who actively acquired land included Godrej Properties, M3M, Max Estates, Birla Estates and Mahindra Lifespaces, among others

Senior executives at Bhilai Steel Plant to get EVs in Chhattisgarh

The EVs will be replacing petrol-driven vehicles

No fitness certificate for vehicles fitted with LED/neon lights: Kerala HC

The court noted that such vehicles pose a potential threat to the safety of other vehicles and their drivers, pedestrians and other road users

Automobile dealers' body seeks cut in GST on two-wheelers from 28% to 18%

Two-wheelers play a pivotal role in providing affordable mobility to a large segment of India's population, especially in rural areas where public transportation is sparse, the industry body stated

BS VI phase 2: Jeep discontinues petrol, Trailhawk variants of Compass

This means that Jeep Compass will now be sold as a diesel-only SUV in the country

Centre unlikely to offer import duty concessions to Tesla: Report

The present customs duty regime in India does not distinguish between electric cars and those that run on hydrocarbons and imposes high duties

Automobile dealership industry revenues to grow by 11-13% in FY24: Icra

In the commercial segment, improving economic activities, rising spends in infrastructure and mining activities, a stable financing environment shall support the growth, it added

Tesla discusses incentive scheme for auto sector with Indian officials

Tesla Inc asked how it could take part in domestic incentives in India related to car and battery manufacturing

EV penetration: At 1.1%, India is far behind Asian average of 17.3%

The countries covered in the region include China, Japan, South Korea, India, Indonesia, Malaysia, the Phili­ppines, Singapore, Thailand, Vietnam, the greater China region, and Pakistan

Govt plans to increase outlay for e-2-wheelers under FAME II scheme

The Heavy Industries Ministry is planning to increase the outlay for e-two-wheelers from the current level of Rs 2,000 crore under its flagship FAME-II scheme and reduce the subsidy per vehicle

FAME-II subsidy on EVs cut to Rs 10,000/KWh, max 15% of ex-factory price

Move comes as outlay for E2Ws was about to get exhausted months before scheme's Mar 2024 deadline. Govt has already disbursed subsidies to 80% of targeted one million E2Ws under the scheme

Audi launches app e-tron owners that maps charging points across country

Luxury carmaker Audi on Wednesday said it has launched an app to help customers of its e-tron range access charging points across the country

Honda to unveil its midsize SUV Elevate on June 6: Glimpses inside

Honda will place the Elevate in the fiercely competitive midsize SUV segment that has established players like Hyundai Creta and Kia Seltos

Toyota Kirloskar commences 3rd shift at K'taka plant to enhance production

The company has invested over Rs 90 crore to upgrade the existing infrastructure at the facility and added around 1,500 workforce for the third shift at the plant

US factories production surges in April as motor vehicles output rises

Capacity use for the manufacturing sector increased 0.7 percentage point to 78.3% in April. It is 0.1 percentage point above its long-run average

Will India be an all-electric or a hybrid market for Toyota Motor?

Green mobility drives Toyota's India plans: With 10 pure electric cars planned by 2026 in its global portfolio, the world's largest car maker hopes to move beyond its SUV mainstays in the country

Audi's ex-chief pleads guilty in automaker's diesel emissions scandal

The scandal cost Volkswagen more than $30 billion in fines and settlements and saw two U.S. executives sent to prison

Kia to build new electric vehicle plant in Mexico, likely to invest $1 bn

Hyundai Motor and Kia aim to sell around 2 million and 1.6 million all-electric vehicles, respectively, by that year

Maruti Suzuki's WagonR crosses 3 million sales milestone in 2 decades

Maruti Suzuki India on Tuesday said its hatchback WagonR has crossed 30 lakh milestone in over two decades.

Maruti Suzuki's Dzire best-selling compact sedan of FY23; check full list

Available in petrol, CNG, and electric versions, Tata's Tigor clocked sales of 46,174 units, 93% up year-on-year