Page 43 - Auto

Volkswagen's $1.4 bn India tax dispute revives foreign investor worries

Now, Volkswagen's move on January 29 to sue India for $1.4 billion in tax that the firm called "impossibly enormous" is making foreign companies jittery

M&M looks to boost growth in overseas markets facing headwinds like US

The US tractor market has been witnessing a decline for the last 12-13 quarters, and as a result, the market size has become almost 50-60 per cent of what it was two years back, the company said

PVs in top gear as rural growth back on track; inventory levels decline

OEMs feel consumption in this segment will continue to grow this year

Kerala to draw more tax from Rs 15 lakh+ EVs to charge up revenue

The lifetime road tax on EVs costing above Rs 15 lakh was raised to 8 per cent of the vehicle's price, from the current 5 per cent

Electric vehicle sales surge in January on renewed subsidy push: Fada

Second Half of 2024 saw higher EV sales, peaking in Oct at 219,482 units

Rate cut to boost demand for two-wheelers, entry-level cars: Auto industry

The Monetary Policy Committee (MPC), headed by RBI Governor Sanjay Malhotra, slashed the repo rate by 25 basis points to 6.25 per cent on Friday

Auto retail sales up 7% in Jan as passenger vehicle segment rises 16%

All segments begin year well, 46% of automobile dealers expect growth: Fada

HCLTech partners with ChargePoint to drive EV charging technology

According to a release, HCLTech has set up an advanced research and development centre for ChargePoint in Bengaluru

Automobile retail sales rise 7% in January, PV segment up 16%: Fada

Passenger vehicle retail sales jumped 16 per cent year-on-year to 4,65,920 units last month

Ola Electric enters EV motorcycle segment with launch of Roadster X series

Deliveries for the Roadster series are set to begin in mid-March. The company has been teasing the launch of its electric motorcycles multiple times

Is Ford reconsidering its India re-entry? Decision delayed till late summer

Several factors are behind Ford's hesitation. The current political climate in the US prioritises domestic manufacturing, potentially making foreign investments less attractive

2-wheeler market sees mixed Jan; Royal Enfield, TVS gain, Hero, Bajaj slip

"The mixed performance in the two-wheeler market isn't driven by a fundamental shift but rather a tactical one"

'Forced' to import certain steel grades: Automobile manufacturers

Cite lack of viable alternatives meeting emission & safety norms, in letter to DGTR

Suzuki Motorcycle sales rise 14%, Ashok Leyland's up 8% in January

Commercial vehicle maker Ashok Leyland on Monday reported 8 per cent year-on-year increase in total sales at 17,213 units in January

Union Budget 2025-26: Tax relief, lower duty likely to aid auto sales

Experts say Budget announcements may boost sales of small as well as used cars

Budget 2025: Agri focus, tax cut to build positive momentum for auto sector

Auto industry body SIAM noted that the government is focused on long-term sustained economic growth

Budget 2025: Tax relief, policy push to boost electric two-wheeler demand

The Budget also placed a strong emphasis on the gig economy, a sector that plays a crucial role in last-mile deliveries using electric two-wheelers

E2W race: Ola Electric reclaims driver's seat; TVS, Bajaj stay on its tail

Ola Electric's twin gamble of offering attractive discounts throughout the month, along with its substantial expansion in distribution

Ola Electric unveils S1 Gen 3 portfolio, launches 8 new scooters

Ola Electric said the Gen 3 platform delivers the next level of performance, efficiency, safety, and reliability

Carmakers race to build EV charging infra, but challenges persist

The big push for charging stations is understandable. Range anxiety remains a worry for customers, more so in the case of electric cars