Page 198 - Auto

Uber wait annoys UK passengers after drivers quit in droves: Report

Customers have complained on social media about longer wait times and higher fares during peak hours as the lack of drivers triggers surge pricing

Chip shortage may spoil the party for carmakers this festive season

Once the festive season is in full cry, the wait may be extended to six to nine months, and even spill over to the next calendar year, say auto dealers

Simple Energy to manufacture electric 4Ws as part of future product range

Simple Energy is looking to manufacture an electric four-wheeler as part of its future product range, its founder and CEO Suhas Rajkumar has said

Indian Motorcycle expects to garner 25-30% share in India's premium segment

Indian Motorcycle is seeking to replicate the growth in India which it has witnessed in other global markets, and expects to garner 25-30 per cent market share in the premium motorcycle segment

Festive push: Healthy sales expected despite Covid fears says Hyundai

Automobile major Hyundai Motor India expects healthy sales during the upcoming festive season which will be supported by pent-up demand in the coming months.

Government introduces new registration mark for personal vehicles

A vehicle bearing this registration mark will not require a new registration mark when the owner of the vehicle shifts from one state to another

Toyota halts self-driving e-Palette vehicles after Olympic village accident

In a YouTube video, Toyota Chief Executive Akio Toyoda apologized for the incident and said he offered to meet the person but was unable to do so

'Bumper-to-bumper' insurance: HC order to make cars costly, say experts

If the order is implemented, it will lead to an increase in the insurance outgo for car owners by a minimum Rs 50,000 for car and a minimum of Rs 7,000 for two-wheeler owners

MG revs up on smaller cars to play the long game in Indian market

A smaller SUV and a sub-four-metre car are in the works

ACMA appoints Sona Comstar Chairman Sunjay J Kapur as President

Auto components industry body ACMA on Friday said it has appointed Sona Comstar Chairman Sunjay J Kapur as its new President for a two-year term

Tata Motors gets NCLT nod for hiving off PVs business into separate entity

The company's management has so far stated that it has not taken a decision on a partner.

Maruti Suzuki commences sixth round of MAIL initiative

Maruti Suzuki India on Friday said it has commenced taking applications for the sixth round of its Mobility and Automobile Innovation Lab (MAIL) programme.

Evergrande electric vehicle unit loses $80 billion in worst stock rout

China Evergrande New Energy Vehicle Group Ltd. sank as much as 22% Thursday after its parent said the unit lost 4.8 billion yuan ($740 million) in the first half

Sun Mobility starts new service, aims to onboard a million vehicles by 2025

It has already commenced MaaS deployment for goods delivery in Delhi NCR, Bengaluru and Chandigarh; plans to expand to other cities soon

Auto parts industry may see 20-23% jump in revenue this fiscal: Report

The auto components industry is expected to log 20-23 per cent revenue growth during this fiscal, supported by recovery in the domestic automobile sector and robust exports

India offers huge opportunities for vehicle manufacturers: Nissan COO

India offers huge opportunities for vehicle manufacturers and electrification is the pillar that could transform the country's automotive industry, Nissan Motor Corporation COO Ashwani Gupta said

Boost localisation of automotive parts, reduce import dependency: Kant

The Indian automobile and components industry must eliminate its import dependence on China for a host of automotive parts and must focus on localisation of such items, Niti Aayog's Amitabh Kant said

Hyundai unveils i20 N-Line, betting on fun-to-drive performance cars

The i20 N-Line is expected to add 1,000 units in monthly sales; the brand celebrates Hyundai's World Rally Championship success

Nitin Gadkari urges vehicle makers to discourage diesel engines

Union Road Transport and Highways Minister Nitin Gadkari on Wednesday asked vehicle manufacturers to discourage production and sale of diesel vehicles, and urged them to promote other technologies

India revenue secretary says open to 'tinkering' tax rates on automobiles

India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automaker