Page 178 - Auto
Mercedes-Benz India to hike prices of some models by up to 2% from Jan
The company, however, said it is committed to price protection to customers who have booked their cars and are waiting for more than four months for select models
 "Mercedes-Benz India to hike prices of some models by up to 2% from Jan")
Bounce launches Infinity E1 e-scooter at starting price of Rs 45,099
The scooter with battery and charger is priced at Rs 68,999 (Delhi Ex-showroom)
 "Bounce launches Infinity E1 e-scooter at starting price of Rs 45,099")
Semiconductor crisis keeps passenger vehicle sales in slow lane in November
Industry non-committal on time frame by which production will get to normal. Total Overall passenger vehicle sales during the month declined 14% YoY to 286,000 units
 "Semiconductor crisis keeps passenger vehicle sales in slow lane in November")
General Motors partners with POSCO to build NA battery materials plant
The move comes as GM is ramping up electric vehicle production and vowing to shift more of its supply chain to North America
 "General Motors partners with POSCO to build NA battery materials plant")
Honda Cars India reports 31% dip in total sales at 6,904 units in Nov
Honda Cars India Ltd (HCIL) on Wednesday reported a 31 per cent decline in total sales at 6,904 units in November 2021.
 "Honda Cars India reports 31% dip in total sales at 6,904 units in Nov")
Hyundai India's November sales dip 24.2% YoY on semiconductor shortage
The company's exports during the month also dropped 4.7 per cent year-on-year to 9909 units, it said.
 "Hyundai India's November sales dip 24.2% YoY on semiconductor shortage")
Automaker Kia christens upcoming new model for Indian market as Carens
The model, which the company refers to as a recreational vehicle (RV), is set to be launched in the first quarter of next year.
 "Automaker Kia christens upcoming new model for Indian market as Carens")
Toyota Kirloskar posts 53% increase in Nov wholesales at 13,003 units
Toyota Kirloskar Motor (TKM) on Wednesday said its domestic wholesales increased by 53% to 13,003 units in November.
 "Toyota Kirloskar posts 53% increase in Nov wholesales at 13,003 units")
MG Motor India reports 40% decline in sales to 2,482 units in November
MG Motor India on Wednesday reported a 40 per cent decline in retail sales to 2,481 units in November 2021, as the production was adversely impacted by the ongoing semiconductor shortage.
 "MG Motor India reports 40% decline in sales to 2,482 units in November")
Maruti Suzuki expects December production to be affected due to chip crisis
The total vehicle production at both plants in Gujarat and Haryana could be 80-85 per cent of normal
 "Maruti Suzuki expects December production to be affected due to chip crisis")
Supply chain constraints to dent Maruti Suzuki production levels in Dec
The country's largest carmaker Maruti Suzuki India on Tuesday said its production in December could only be up to 85 per cent of the normal, owing to supply constraint of electronic components
 "Supply chain constraints to dent Maruti Suzuki production levels in Dec")
Maruti Suzuki hikes prices of Eeco van by Rs 8,000 for adding airbags
The increase in price is effective from November 30, 2021
 "Maruti Suzuki hikes prices of Eeco van by Rs 8,000 for adding airbags")
Automobile sales affected in past 2 years due to Covid-19: Govt informs LS
Automobile sales have been affected in the last two years due to the spread of the COVID-19 pandemic, said the Ministry of Heavy Industries in a written reply in Lok Sabha on Tuesday.
 "Automobile sales affected in past 2 years due to Covid-19: Govt informs LS")
E-two wheeler boom: Existing ones ramp up, more starts-ups get set to enter
Most manufacturers have seen the demand far outstrip the supplies prompting them to undertake expansion sooner than they had planned
 "E-two wheeler boom: Existing ones ramp up, more starts-ups get set to enter")
Ather Energy commissions second plant, to invest Rs 650 cr in 5 years
The firm sees 4x growth in bookings in the first seven months of the fiscal, claims to be the largest e-2 wheeler maker by value
 "Ather Energy commissions second plant, to invest Rs 650 cr in 5 years")
Global automotive sensor market to reach $92 bn by 2026: Report
Driven by sensors that enable automated vehicles and ADAS, the global automotive sensors market is set to grow to over $92 billion by 2026 -- a 30 per cent increase over 2021, a new report showed
 "Global automotive sensor market to reach $92 bn by 2026: Report")
Shriram Automall India partners Daimler India for used vehicle sales
DICV Vice President, Marketing & Sales, Customer Service Rajaram Krishnamurthy said the tie-up with Shriram Automall will provide ease of accessibility to pre-owned BharatBenz vehicles for customers
 "Shriram Automall India partners Daimler India for used vehicle sales")
French automotive supplier Faurecia cuts 2021 financial guidance
The company now forecast 2021 sales of between 15-15.5 billion euros and an operating profit margin of 5.5%, compared to a previous target of sales at 15.5 billion euros
 "French automotive supplier Faurecia cuts 2021 financial guidance")
Nupur Recyclers to set up 200 EV charging points, battery swapping stations
Nupur Recyclers on Monday said it plans to set up 200 charging points and several battery swapping stations in association with EVI Technologies
 "Nupur Recyclers to set up 200 EV charging points, battery swapping stations")
Carmakers rethink production strategies to deal with global chip shortage
The shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard