Page 255 - Auto

Renault launches 'made in India' Triber in South Africa, ships 600 units

With base in South Africa, Renault also plans to sell the model, which comes with a one litre petrol engine and flexible seating arrangement, in other parts of the African continent.

Nearly 65% Lamborghini cars sold on EMIs in India, sales slumped in 2019

While most of the buyers of these super-cars are industrialists and businessmen, the company has rarely sold a car to a corporate professional, such as a CEO, in India, said Lamborghini India head.

Electric cars to remain niche segment in near future, ICE rule to continue

Analysts say this is primarily because of a lack of infrastructure, especially charging stations

SUV Urus attracts 75% first-time Lamborghini buyers in India: Country head

With a 20% share, Lamborghini India claims to be a market leader of the industry

China's auto sales plunge 20% in January deepening market slump

January's slump looks even worse due to the timing of the holiday, when shops and factories close two weeks. This year's shutdown fell entirely in January, while half was in February last year.

JLR launches BS-VI variant of Discovery Sport, priced at Rs 57.06 L

Built on the new Land Rover Premium Transverse Architecture, Discovery Sport provides greater capability and has all-wheel drive and hill descent control to make the hardest of drives seem effortless.

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

The exposition included 352 product displays from 108 exhibitors

CEAT to roll out 28,000 tyres from new unit, invest Rs 3,000 cr in 2-3 yrs

15-20% of output from new plant will be exported. company is already selling to 90-plus countries

Auto production to slide 8.3% in 2020; coronavirus may hit supply: Fitch

The agency said that it believes that the weak domestic demand for new vehicles will see India's vehicle production continue to contract in 2020

M&M lines up $425 mn to revive Ssangyong, draws up 3-year turnaround plan

Mahindra acquired 70 per cent stake in Ssangyong (in March 2011), which had a troubled past and militant trade unions

Sales of two and three-wheeler EVs to see huge improvement by 2024: Crisil

In the four wheeler segment, however, the traction is expected to remain low with EV sales accounting for just 5 per cent of the new sales, it noted

Isuzu Motors starts new press shop and engine assembly plant at Sri City

The two units will further boost the company's operations by bringing key aspects of manufacturing in-house

Auto industry concerned over coronavirus impact on supply from China: SIAM

SIAM said it will be collecting information and data from its members in the next couple of days to understand if there could be disruptions, and to what extent, if there are any

Domestic passenger vehicle sales down 6.2% in Jan; car sales slide 8%: SIAM

Motorcycle sales last month declined by 15.17% to 871,886 units from 1,027,766 units a year earlier

Auto sector slowdown to continue as demand unlikely to revive: Report

The 3 million-plus-units domestic auto industry has seen volume plunging over 16 per cent as of December-end 2019, with some of the segments performing even worse

BS-VI norms: Maruti pitches for petrol variants to make up for lost numbers

The company is also gearing up to bring petrol version of its S-Cross model

Audi to enter lifestyle biz with restaurant bookings, Wimbledon seats

Car maker will tap 75,000 Indian customers who've bought its cars priced at Rs 30-40 lakh

Carmakers next challenge: Getting Indian buyers to purchase EVs

More than half the passenger vehicles sold in India last year cost $8,000 or less, according to BloombergNEF

Ashok Leyland, others buy Everfin's 7% stake in Hinduja Leyland Finance

The cash deal, which is valued at Rs 390 cr, will be spread over nine months over various tranches

Maruti Suzuki launches BS-VI compliant Ertiga S-CNG, priced at Rs 8.95 lakh

Ertiga S-CNG, which offers a mileage of 28.06 km/kg is second BS VI compliant S-CNG vehicle and the only MPV with factory-fitted CNG in the country, from Maruti Suzuki, the company said.