Page 186 - Auto

Mercedes-Benz rolls out new locally-produced S-Class; price at Rs 1.57 cr

German premium car maker Mercedes-Benz on Thursday rolled out the new locally-produced S-Class from its Chakan facility in Pune at price starting from Rs 1.57 crore.

Honda rolls out festive offers ranging up to Rs 53,500 on its model line-up

The special offers for customers will be in the form of cash discounts, accessories, loyalty bonus and special exchange benefits

PLI scheme: Auto component companies hope to pare imports

It would also reduce imp­orts from countries like China, Taiwan and South Korea and facilitate foreign collaborators to set up manufacturing footprint in India

TVS Motor signs agreement with Tata Power to develop EV ecosystem

A memorandum of understanding between the two companies speaks of deploying solar power technologies at TVS Motor's select locations

Tesla to pay $137 mn to ex-employee in racial discrimination lawsuit

Tesla has been ordered by a federal court to pay nearly $137 million as damages to a former employee who allegedly encountered racist abuse, discrimination and harassment at the company's plant

BMW group sales cross 100,000 units sales since entry 14 years ago

Despite challenges from second Covid wave, BMW India has sold 70 per cent more luxury vehicles at over 9,600 units at group level across its three brands during first nine months of year

Mahindra & Mahindra adds two new variants to premium SUV XUV700

Mahindra & Mahindra on Tuesday announced the addition of two new variants to its premium sports utility vehicle, XUV700, in both manual and automatic transmission with diesel engine.

Carmakers stare at nearly 500,000 units of booking backlog, and counting

Chip shortage disrupts production plans

Mahindra Thar clocks cumulative bookings of 75k units in one year of launch

The new Thar comes with both petrol and diesel powertrains mated with manual and automatic transmissions.

Volvo plans $2.9 billion IPO to fund electric vehicle transformation plans

Volvo and its parent company, Chinese carmaker Geely, have applied to hold an initial public offering on the Nasdaq Stockholm

India to introduce flexible fuel vehicles soon to increase ethanol use

India will introduce flexible fuel vehicles soon as the country is aiming to achieve 20% ethanol-blending with gasoline by 2025, transport minister Nitin Gadkari told the Reuters Impact conference

Tata Motors unveils sub-compact SUV Punch; launch later this month

Tata Motors on Monday expanded its product range in the country with the unveiling of its sub-compact SUV Punch.

Audi expects all-new Q5 SUV to drive next phase of growth in India

German luxury carmaker Audi is seeking to accelerate its sales growth in India with the launch of its all-new Q5 SUV, one of its volume drivers next month, according to a senior company official

Tamil Nadu government opens doors for electric vehicle makers

Industries minister says state to see Rs 35-trillion investment by 2030

Rising fuel prices accelerate demand for CNG vehicles

According to MOFSL, the retail demand evolution has been a mixed bag since the lifting of the second lockdown from mid-June 2021

Maruti Suzuki sales slide 46% in September due to chip shortage

For Maruti, sales of mini cars, comprising Alto and S-Presso, fell 45.18 per cent to 14,936 units against 27,246 units in the same month last year

UK-based Causis E-Mobility to invest Rs 2,800 crore to set up EV plant

UK-based firm signs MoU with the Maharashtra Govt

Royal Enfield wholesales dip 44% to 33,529 units in September

Mid-sized motorcycle maker Royal Enfield on Friday said its total wholesales in September declined by 44 per cent to 33,529 units

Semiconductor shortage pulls down India's PV dispatches in Sept

The country's largest carmaker Maruti Suzuki India (MSI) said its domestic sales slipped 54.9 per cent

NHAI developing EV charging infrastructure along highways: Gadkari

According to Gadkari, there is a massive response seen in the domestic market for electric scooters from new start-ups.