Page 34 - Auto

Belrise eyes four-wheeler, CV push ahead of ₹2,150-cr IPO on May 21

Belrise Industries, dominant in two-wheeler components, plans to expand into CVs and four-wheelers as it raises ₹2,150 crore through an IPO opening on May 21

Passenger vehicles sales up 4% in April, two-wheeler despatches fall

Overall exports up 20% in April amid geopolitical tensions, says SIAM

PV dealers likely to post 7-9% revenue growth in FY26: Crisil Ratings

Passenger vehicle dealerships may see margin recovery and stable credit profiles in FY26 as SUV demand, rural recovery, and higher-margin services bolster growth

Govt plans 360 kW charging points along highways for heavy-duty EVs

According to the latest guidelines from the power ministry, minimum charger capacities are 12 kW for e2w and e3w, 60 kW for e4w, and 240 kW for e-buses and e-trucks

Maharashtra's new EV policy may take 'toll' on toll operators' cash flows

Toll waivers on major highways may impact cash flows of operators like IRB, but low EV penetration and expected compensation make long-term effect minimal

Electric vehicle charging app with real-time data, pay system on cards

New app aims to tackle limited availability, non-functional stations, and inconsistent standards

India's PV market to grow 1-2% in FY26, Maruti Suzuki to exceed pace: SMC

Suzuki Motor Corp expects India's PV sales to grow modestly in FY26 but Maruti Suzuki may outperform due to new SUV launches and rising exports

India PV growth likely at 1-2% in FY26; Maruti to outpace industry: Suzuki

In addition, the new Kharkhoda plant where it initiated production in February this year, will contribute "to increased production and sales of the popular SUV Brezza"

Tesla scouts for land in Satara to set up completely knocked down unit

Last week, Tesla's India head Prasanth Menon stepped down. A Tesla's China team will now oversee the EV maker's India operations

Siam seeks six-month rare earth supply lifeline to keep EVs rolling

Such a move would eliminate the need for Indian importers to seek clearance for each shipment - a process both tedious and time-consuming

Tesla India head Prashanth Menon resigns as EV maker prepares India entry

Prashanth Menon's resignation comes as Tesla plans entry into Indian markets

Kia Clavis launched in India today: Check design, features, price, and more

Kia has officially launched the all-new Clavis in India, a bold and feature-rich alternative to the Carens. Bookings open from midnight today

Bengaluru-based Routematic raises ₹340 cr, defies electric vehicle dip

The move is important as it comes at a time when the app-based mobility space - both business-to-business (B2B) and business-to-consumer (B2C) - has been under a cloud

Electric vehicle sales down 17.6% at 167,455 units in April: Fada

Bajaj Auto, Ather Energy, and Hero also recorded double-digit declines in their monthly sales. Only Kinetic Green Energy and Power Solutions reported a rise in their m-o-m e2W sales, up 55.1 per cent

MG Windsor Pro EV launched in India: Price, new features and other details

MG Motor India has launch the new MG Windsor Pro EV at Rs 17.49 Lakh (ex-showroom). On May 8th, the company will begin accepting orders for the first 8,000 vehicles. So, what are the changes

Evera Cabs to acquire 500 BluSmart EVs, expand Delhi airport services

Brand to absorb 500 BluSmart vehicles through lenders, with plans to expand EV cab fleet to 1,000 and step up presence across NCR's high-demand airport corridors

Auto retail sales see 3% rise in April; Fada keeps outlook positive for May

Automobile retail sales rose 3 per cent in April led by strong rural demand and festive tailwinds, though commercial vehicle sales continued to show weakness

Skoda Auto Volkswagen India announces key leadership appointments

Ashish Gupta and Nitin Kohli appointed brand directors at Skoda and Volkswagen as SAVWIPL aligns leadership strategy with local market understanding

Automobile sales inch up 2.95% in April, CV sales see decline, says Fada

Two-wheeler retail sales in April this year reached 1,686,774 units compared to 1,649,591 units in the same month last year, Fada said

Old is gold: Pre-owned luxury cars outsell new in 2024 as demand surges

The overall Indian automotive market is moving towards premiumisation, a trend evident from the rising share of utility vehicles (UVs)