Page 126 - Auto

Tata Motors launches CNG version of hatchback Altroz; starts at Rs 7.55 lk

Tata Motors on Monday launched the CNG version of its premium hatchback Altroz at an introductory price of Rs 7.55 lakh (ex-showroom all-India).

EV buyers to get smaller batteries, less features as Centre cuts subsidy

The Centre recently announced a reduction in FAME II subsidy on electric two-wheelers to Rs 10,000 per kWh from Rs 15,000 per kWh and the maximum subsidy cap of 40 per cent to 15 per cent

Siemens board agrees to sell low voltage motors, gears biz for Rs 2,200 cr

Technology firm Siemens' board on Friday approved the sale of low voltage motors and geared motors businesses to a Siemens AG subsidiary -- Siemens Large Drives India -- for Rs 2,200 crore

Why is Tesla so confused about Indian market? Challenges and opportunities

Top Tesla officials are visiting India this week to speak with government officials and discuss local sourcing of parts and other issues

Hyundai, Shell sign MoA to expand charging network for electric vehicles

The two companies signed a Memorandum of Agreement at Hyundai's headquarters in Gurugram, Haryana in the presence of their senior management

China overtakes Japan to become world's biggest car exporter in Q1 2023

China said that it has become the world's biggest exporter of cars after overtaking Japan in the first three months of the year

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