Page 243 - Auto

Hero MotoCorp, TVS gain mkt share in Aug at cost of Honda and Bajaj

Hero MotoCorp, TVS Motor increase market share in a dwindling market while Bajaj and Honda slip

China auto sales increase 6% in August, down 15.4% from year-ago period

China's car sales rose 6% in August over a year earlier as the industry's biggest market recovered from Covid-19, but purchases for the year to date were off more than 15%, an industry group reported

Kia motors biggest gainer in August, captures 4.2% market share in India

Hyundai Motor India, the country's second-largest car manufacturer increased its market share to 19.44 per cent from 18.88 per cent. However, sales dropped to 34,699 units from 36,294 units

Auto retail sales down by 26.8% in August, jump in tractor segment by 28.7%

Dealers said that the overall demand is still not back to pre-Covid levels as banks and NBFCs continue to have a cautious approach towards funding

Mercedes-Benz hopes for revival of consumer sentiment during festive season

Mercedes-Benz on Wednesday said it is optimistic that the gradual unlocking of markets and festive season will revive consumer sentiment, which remains weak amid the COVID-19 pandemic

Coronavirus fails to dampen spirits across electric vehicle eco-system

India more charged on first World EV Day; ABB, Green TV initiative comes at a time when best in tech available in the country

Auto component firms eye higher exports, low imports to become self-reliant

Top official at various auto component firms said exports, which anyways have been intrinsic to the overall strategy, will increase at a rapid pace over the next two to five years

May soon be overtaking Tesla, says Volkswagen AG's Bernd Osterloh

VW's modular electric-drive matrix platform gives the carmaker a "huge" advantage," as it can build any vehicle of any brand on it, Osterloh said

Harley Davidson in talks with Bajaj, M&M for strategic partnership: Report

The Newark-based firm has been reviewing its India operations as part of its global rewire strategy announced in July 2020

Govt mulls installing EV charging kiosks at around 69,000 petrol pumps

The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility

SMC president tells auto component suppliers to localise aggressively, step up R&D

The advice comes amid the Centre's clarion call to manufacturers across sectors to cut imports and become self-reliant

SIAM appoints Maruti Suzuki India CEO Kenichi Ayukawa as its new president

The executive committee of Society of Indian Automobile Manufacturers (SIAM) has elected Kenichi Ayukawa as its new President

Auto firms moving facilities out of China to cover geopolitical risks: SIAM

Many companies in China are relocating plants in other countries to cover geopolitical risks and the auto and components sector must bring those investments or tie up with them to produce in India

A driver's delight, the Volkswagen T-Roc defines affordable luxury

Powered by a 1.5 litre petrol engine that is as refined as punchy, the T-Roc's German pedigree is evident from the interiors, which, without the VW logo, would be easily at home in a pricier car

CV sector to take 1-2 yrs to get back to 2018-19 sales volume levels: Siam

Domestic CV manufacturers dispatched 10,07,319 units from their factories across the year ended March 31, 2019, as compared to 8,56,916 units in 2017-18, logging a growth of 17.6 per cent

Scandal-tarnished Japanese automaker Nissan shows off production innovation

Nissan says it has developed a new way to produce high-tech auto parts that highlights the Japanese automaker's engineering finesse

Auto industry facing tough times, needs govt support: Kenichi Ayukawa

The Indian auto industry is facing one of the toughest times in history and needs government support through reduction of GST and incentive-based scrappage policy, Kenichi Ayukawa said

A Covid-19-hit auto industry pitches for incentives to revive demand

At SIAM's 60th annual conclave, the industry body's president blamed the sales slump on an overdose of regulations, liquidity issues and a slowing economy

Hyundai, Kia recall over 600,000 vehicles for leaks that can cause fires

Korean automakers Hyundai and Kia are recalling over 600,000 vehicles in the U.S. and Canada to fix a brake fluid leak that could cause engine fires.

Most Indians could consider buying Electric Vehicles by 2022: Report

Most consumers in India would consider buying an electric vehicle by 2022, but most of them also believe that it won't be until 2025 that the majority of new cars are electric, according to a study