Page 242 - Auto

Keeping his friends close: Musk learns from partners, then does it alone

Musk's goal has been to learn enough - from partnerships, acquisitions and talent recruitment - to bring key technologies under Tesla's control

Automakers should cut royalty payments to foreign parent firms: Official

Indian carmakers should reduce royalty payments to foreign partners to bring down costs instead of seeking tax cuts, a finance ministry official said on Thursday

Volkswagen follows Daimler with green-bond cost savings in debut deal

The maker of VW and Audi brand cars sold 2 billion euros ($2.4 billion) of green bonds divided between eight-year and 12-year tranches

Indian auto industry needs road map for localisation push: Report

Exports and a focus on domestic market offer major potential opportunity areas for Indian auto industry but the sector needs a road map for localisation, according to a report by consultancy firm EY

Will invest Rs 2,000 crore in India: Toyota Kirloskar Motor vice-chairman

High GST rates taking a toll on volumes, says Viswanathan

Signs of green shoots in PVs, two-wheelers: Exide CEO Gautam Chatterjee

Many OEMs have registered improved sales vis-a-vis the past couple of months, and these bring back a sentiment of resolve to the sector, he said

General Motors explores market for electric 'flying cars': Report

By Ben Klayman

FAME: Over 27,000 electric vehicles supported till Sept 10 under phase-II

The government said under the second phase of FAME India Scheme, over 27,000 electric vehicles have been supported till September 10 this year by way of demand incentive amounting to about Rs 95 crore

Sales, aftersales showing very positive results: Lamborghini India Head

Optimism over Covid-19 vaccine and gradual opening of the economy has resulted in improved business outlook and is helping Italian super sports car maker Lamborghini generate new orders in India

Toyota Motors halts expansion plans in India, blames high tax regime

Toyota, one of the world's biggest carmakers, began operating in India in 1997. Its local unit is owned 89% by the Japanese company and has a small market share

Ashok Leyland expands LCV offering in bid be among top-10 global CV players

The CV major has said that LCV will be one of the three major levers to drive company's future growth

Luxury car mkt projected to reach 2018 level by 2022: Lexus India president

Country head P B Venugopal tells Pavan Lall that hybrid roll-out is going to dominate the firm's product strategy

The Kia Sonet is a feature-rich compact SUV with funky body language

On the highway, it pulls along with ease and offers smooth commuter ride and drive experience, and also has little competition

Tax, high interest rates hurdles for growth of auto industry: Force Motors

The company, which makes commercial vehicles under the Traveller brand and utility vehicle Trax, said the situation calls for a very detailed and thorough reform

Audi business back on track, sees heightened demand in festive season

The company is witnessing increased footfalls at its showrooms although it has not reached pre-COVID levels, while it is also gaining a lot of traction in online customer interactions

Auto component industry seeks long term roadmap for regulatory changes

The industry, which accounts for around 2.3 per cent of the country''s GDP, has been struggling of late due to a prolonged downturn in the auto industry as a whole and due to Covid-19 situation

Moped sales see highest growth in segment in August since lockdown

Moped sales have turned around since June on the back of good monsoon and positive sentiment in the rural market

Auto sales rebound in August after nine months due to pent-up demand

Two-wheeler sales increased by 3 per cent to 1,559,665 units, while passenger cars grew 14 per cent YoY to 124,715 units

Passenger vehicle sales increase 14% in August to 215,916 units: SIAM

Passenger vehicle sales in India increased by 14.16 per cent in August to 2,15,916 units as against 1,89,129 units in the same month last year, auto industry body SIAM said

Maserati's rebirth bid starts with a new 630-horsepower supercar

Aging product has dogged the luxury division of Fiat Chrysler Automobiles, leading to a sales collapse and costly writedowns