Page 237 - Auto
Tesla S&P 500 debut may spark $8 bn demand, say Goldman Sachs analysts
As Tesla's market value burgeons, the Palo Alto-based firm is also winning over some long-term skeptics
 "Tesla S&P 500 debut may spark $8 bn demand, say Goldman Sachs analysts")
How the third-generation Hyundai i20 is pushing the envelope on price
In its third generation, the new i20 comes as a leap forward for the Korean player for a number of reasons
 "How the third-generation Hyundai i20 is pushing the envelope on price")
M&M to manufacture K2 tractor series in Telangana; to invest Rs 100 cr more
Mahindra & Mahindra Ltd said it will manufacture its new tractor series K2 exclusively at its Zaheerabad facility in Telangana, where it will bring incremental investments of Rs 100 crore
 "M&M to manufacture K2 tractor series in Telangana; to invest Rs 100 cr more")
Maruti launches round 5 of Mobility & Automobile Innovation Lab initiative
Maruti Suzuki India announced the fifth round of its 'Mobility & Automobile Innovation Lab' (MAIL) initiative, inviting entries from early startups in mobility and automobile space
 "Maruti launches round 5 of Mobility & Automobile Innovation Lab initiative")
As demand outpaces supply, Oct tractor sales up 9 per cent over last year
Good monsoon followed by good crop have given a fillip to demand for tractors
 "As demand outpaces supply, Oct tractor sales up 9 per cent over last year")
China's appetite for luxury cars is now a boon for eastern European nations
Slovakia and the Czech Republic, which make the most cars in the world per capita, have closed shops to tame second wave of Covid-19. Their factories, however, continue to churn out luxury vehicles
 "China's appetite for luxury cars is now a boon for eastern European nations")
Nissan Motor looking to sell its 34% stake in Mitsubishi, says report
Nissan is looking to sell some or all its 34% stake in Mitsubishi, Bloomberg News reported, citing unidentified sources, a move that would reshape a three-way alliance that includes France's Renault
 "Nissan Motor looking to sell its 34% stake in Mitsubishi, says report")
Faster recovery in CV segment remains key for Ashok Leyland stock
Despite increase in freight rates, operator profitability yet to reach normal levels
 "Faster recovery in CV segment remains key for Ashok Leyland stock")
Toyota Kirloskar logs 12% increase in retail sales on Dhanteras
Pent-up demand coupled with festive season sales have also contributed to the oversales volume of October and November so far
 "Toyota Kirloskar logs 12% increase in retail sales on Dhanteras")
General Motors recalling nearly 69,000 Bolt EVs worldwide for fire risks
GM said the vehicles pose a fire risk when charged to full, or nearly full capacity.
 "General Motors recalling nearly 69,000 Bolt EVs worldwide for fire risks")
CV sales pick up but analysts don't bet on manufacturers' optimism
The recovery in core industries and resultant manufacturing output have increased freight demand for transporters, which in turn has supported CV sales
 "CV sales pick up but analysts don't bet on manufacturers' optimism")
Maruti's S-Presso mini SUV does poorly in global agency's safety test
Carmaker defends mini SUV, says 'safety cannot be left to the opinion of any self-proclaimed party'.
 "Maruti's S-Presso mini SUV does poorly in global agency's safety test")
Auto firms welcome PLI scheme as sector gets lion's share of incentives
Rs 57,000 cr provided to auto components and automobiles, as compared to other sectors like advanced cell chemistry battery, pharma, food products, and white goods
 "Auto firms welcome PLI scheme as sector gets lion's share of incentives")
Japan's Honda says will be first to mass-produce level 3 autonomous cars
Japan's Honda Motor Co on Wednesday said it will be the world's first automaker to mass produce level 3 autonomous cars
 "Japan's Honda says will be first to mass-produce level 3 autonomous cars")
Passenger vehicle wholesale up 14% to 3,10,294 units in October: SIAM
Motorcycle sales were at 13,82,749 units as against 11,16,886 units in October 2019, up 23.8 per cent
 "Passenger vehicle wholesale up 14% to 3,10,294 units in October: SIAM")
30% EV share may cut oil bill by Rs 1 trn, but hurt tax revenue too: Study
Transition could give rise to combined annual loss in the oil and auto sector of about Rs 2 trillion
 "30% EV share may cut oil bill by Rs 1 trn, but hurt tax revenue too: Study")
Passenger vehicle retail sales dip 9% in October on supply woes: FADA
Automobile dealers' body FADA said passenger vehicle retail sales in October witnessed a year-on-year decline of 8.8% to 249,860 units, as registrations slowed down owing to supply issues
 "Passenger vehicle retail sales dip 9% in October on supply woes: FADA")
Tata Motors aims to have widest portfolio of SUV in domestic market
The company is now gearing up to roll out two new models in the portfolio
 "Tata Motors aims to have widest portfolio of SUV in domestic market")
Plunge in Q2 auto sales washes out Q1 gains in rural markets, says Crisil
In the second quarter, the pandemic penetrated deeper into the hinterland, and the share of fresh rural cases more than doubled to 38 per cent by September
RNAIPL starts production of HRAO turbo engine, says Nissan Motor
Nissan Motor India on Friday said its Chennai-based joint manufacturing facility RNAIPL has commenced production of HRAO Turbo engine, which will power its upcoming compact SUV Magnite
 "RNAIPL starts production of HRAO turbo engine, says Nissan Motor")