Page 268 - Auto

MG Motor India will lead race to build EVs priced below Rs 10 lakh: Chaba

'Direction from the government is very clear that EV is the future', said MG Motor India President

Tata Motors to set up regional stockyards to ensure car delivery in 3 days

The move is also aimed at reducing the financial burden on dealers

15th edition of India's Auto Expo to be held from February 5-12 in 2020

While the likes of Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors will continue to make their presence felt, notable absentees from the expo will be Honda, BMW and Ford among others

Mahindra & Mahindra launches BS-VI compliant XUV300 at Rs 8.30 lakh

The BS-VI version of the XUV300 will be available on all its 1.2 litre turbo petrol offerings

Maruti to hike prices from Jan; M&M, Toyota, Mercedes may follow suit

Other car manufacturers such as Toyota, Mahindra & Mahindra and Mercedes-Benz said they are also contemplating a similar move

Mercedes-Benz India to stop selling BS-IV vehicles in a few weeks

The stricter BS-VI emission norms will come into effect from April 1, 2020. No automobile manufacturer can produce or sell BS-IV vehicles after March 31, 2020

Hyundai pads up for diesel car monopoly with implementation of BSVI norms

From April 1, 2020, BSVI emission norms for automobiles will become mandatory across the country

CV sales drop 17% in November on slowdown, delay in infra projects

Companies expect recovery in second half of fiscal as BS VI approaches, claim banks and NBFCs showing greater interest in financing

Fiat Chrysler Automobile India appoints Partha Datta as president and MD

Datta has assumed the charge of the new position from September 4

Car sales drop again after festive season; industry pins hope on Dec demand

Maruti Suzuki reported sales of 150,630 passenger vehicles in the domestic market in November, down 1.9 per cent over 153,539 units in the corresponding month last year

Daimler to cut 'thousands' of jobs by 2022 to fund electric vehicle shift

"Daimler aims to cut thousands of jobs worldwide by the end of 2022," the Mercedes-Benz maker said in a statement, adding that it intended to save 1.4 billion euros ($1.5 billion) in staff costs

Looking to create EV ecosystem in India through charging partners: MG Motor

'Will be looking to introduce more EVs in the market to cater to multiple sub-groups,' says Gaurav Gupta, MG Motors

25 years of Mercedes-Benz's India manufacturing: Over 110,000 units sold

The company had first started assembling cars in India in 1994 with its production site located in the Tata Motors (then Telco) premises before shifting to its own unit

Tata Motors rolls out 1st Altros from Pune plant; commercial launch in Jan

The Altroz is the second vehicle designed under the Impact design 2.0 philosophy and first one to be developed on the new Alfa architecture

Gadkari urges carmakers to focus on cleaner-fuel vehicles, promises support

Gadkari also stressed the need for diversifying agriculture towards power and energy to meet the goal of bio-fuel generation

TVS Motor launches first BS VI variant of its premium Apache RTR 4V series

The new model is likely to be priced higher by Rs 9,000 to Rs 10,000 than existing variants; bookings start today at company dealerships across the country

M&A in auto sector up 73% to $449 million in CY19 despite slowdown

Growth led by $275 million Mahindra-Ford deal, domestic volumes cross $100-million mark first time since 2017 to touch $141 million

Auto-tech startups pave new road to growth even as sector suffers slowdown

The Indian car rental industry has grown at a CAGR of 24.6% during 2015-19 as new-age millennial consumers prefer experiences over ownership

'Ride shock' awaits car buyers waiting for better offers ahead of BSVI

The discounts that were available on cars last month continue this month - but they are lower

Auto sector may spend Rs 17,000 cr on capex till FY21 despite slowdown

Projected capex will largely be towards BSVI transition, international expansion