Page 208 - Auto

EV manufacturers welcome initiatives in revised Maharashtra policy

EV manufacturers body SMEV said the added subsidies from Maha govt on vehicles in its new EV policy will aid to growing interest among investors, companies looking to make entry into manufacturing

Piaggio not to enter e-2 wheelers soon, to step up small cargo vehicle biz

Company says the segment in which it will like to position its e-two wheelers is currently very small in terms of volume

Maharashtra announces sops up to Rs 20 lakh for electric vehicles

Housing societies to get property tax rebate for setting up charging stations; State targets 10% share of EVs in total registrations by 2025

Maruti not moving jobs, investment from Haryana to Guj: Chairman

The company is maximising the efficiency of production at its two plants at Haryana and the parent Suzuki's Gujarat plant, keeping in mind the demand of its multiple models.

Maharashtra's new EV policy sets 10% share in total registrations by 2025

The new policy, which has updated the one announced in 2018, was released by Additional Chief Secretary (Transport) Ashish Singh and state environment minister Aaditya Thackeray and others here.

CESL inks pact to provide 25,000 electric 2-wheelers to Andhra govt staff

Convergence Energy Services Ltd has entered into an agreement with New and Renewable Energy Development Corporation of Andhra Pradesh for providing 25,000 electric two-wheelers to state employees

Hyundai, Kia expected to log sharp rebound in operating profit in Q2

Hyundai Motor and its affiliate Kia are set to report a sharp rebound in operating profit for second quarter on strong demand for their vehicles that offset output disruptions by chip shortages

Maruti Suzuki raises prices of Swift, CNG models as input costs bite

The new prices are effective from today i.e. 12th July, 2021

Elon Musk under fire again: CEO to testify over Tesla acquisition

In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a no brainer"

Maruti Suzuki hikes prices of Swift, CNG variants of other models

The country's largest carmaker Maruti Suzuki India on Monday said it has hiked prices of hatchback Swift and CNG variants of other models by up to Rs 15,000

Maruti shifts Dzire production to Gujarat to create space for new launches

Plans a slew of new SUV models over the next few years as it seeks to take on the competition by straddling the segment with multiple \offerings at varied price points

MCG to establish electric vehicle zone in Gurugram under pilot project

The Municipal Corporation of Gurugram (MCG), is working under the pilot project 'Parivartan' to establish an electric vehicle zone in an upscale area of Gurugram.

Maruti rolls out digital platform for car financing solutions to customers

The company said the platform is now available across India for customers of both ARENA (mass market car retail chain) and NEXA (premium cars outlet)

Chip shortage pushes China automobile sales down 12.4% in June

A global shortage of semiconductors hit autos production in the world's biggest car market.

Samsung's battery arm mulls US investment to meet growing EV demand

South Korean battery maker Samsung SDI is considering investment in the US to meet growing demand for electric vehicles, industry sources said on Friday

EU fines Volkswagen, BMW $1.036 billion in emissions cheating case

The European Commission fined German carmakers Volkswagen and BMW a total of $1.036 billion for colluding to curb the use of emission cleaning technology in diesel cars

Routes of DTC buses plying via overflooding-prone underpasses diverted

DTC has issued an order directing for route diversion of its buses plying via underpasses of Minto Bridge, Pul Prahaldpur and Jakhira prone to overflooding during monsoon, officials said

BMW pays 373 million euro fine to settle European Union emissions probe

The carmaker said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars

Tata Motors global wholesales at 2,14,250 units in first quarter

Tata Motors on Thursday said its global wholesales, including that of Jaguar Land Rover, rose to 2,14,250 units in the first quarter of the current fiscal.

Vehicle retail sales rise in June, says auto industry body FADA

The vehicle retail sales rose to 12,17,151 units last month from 9,92,610 units sold during June 2020.