Page 49 - Auto

Two leading auto industry bodies send SOS to govt on steel imports

Steel inventory levels low in certain cases, could impact production: ACMA

Chinese auto component makers likely to skip Bharat Mobility Show

Chinese auto component makers are likely to skip the upcoming Bharat Mobility Show which is scheduled to be held from January 17-22 at three different locations across Delhi-NCR.

Auto component industry grows 11% to Rs 3.32 trillion in Apr-Sep: Acma

The components industry continues to make investments for purposes of higher value addition, technology upgradation and localisation to stay relevant to both domestic and international customers

Tata Motors to raise commercial vehicle prices by up to 2% from January

Already passenger vehicle makers, including Maruti Suzuki, Hyundai Motor India and Tata Motors, along with luxury carmaker Mercedes-Benz, BMW and Audi have announced that they would increase the price

GM to retreat from robotaxi operations once championed by CEO Mary Barra

While GM will still develop autonomous technology, it's a big retrench for the company

Passenger vehicle discounts peak at Rs 3.7 lakh amid muted demand

14% drop in November sales, despite wedding season, has led to this move: Fada

How Mercedes-Benz retains its crown in India's luxury car segment

For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes-Benz leading the way

EVs, ancillary industries may see Rs 3.4 trn investment by 2030: Colliers

Real estate consultant Colliers India on Wednesday released a report 'EVs in India: Renewed Vigour in Electric Mobility', highlighting that an overall EV penetration rate in India stood at 8 per cent

Japanese takeover could spell long-term decline of US Steel: Union chief

The Detroit-based car company said it would no longer fund work on self-driving robotaxis

India's battery electric vehicle market to grow threefold next year: S&P

Battery electric vehicle production is projected to hit 377K units in 2025, says S&P Global Mobility

Maharashtra, Tamil Nadu, Haryana ride auto PLI manufacturing wave

Maharashtra leads the tally with 77 facilities, followed by Tamil Nadu with 46, Haryana with 37, and Karnataka with 28

Confident of Indian automobile industry becoming number 1 in 5 yrs: Gadkari

Speaking at the Amazon Smbhav Summit, the Road Transport and Highways Minister noted the remarkable growth of India's automobile industry, which he said has surged from Rs 7 trillion to Rs 22 trillion

Car sales drop by 14% in November, two-wheelers see 16% jump: Fada

Tractor sales, however, saw an impressive 29.88 per cent Y-o-Y jump, suggesting good rural demand

Kia, Tata Motors announce price hikes from Jan due to rising input costs

Maruti, Hyundai and Mahindra & Mahindra (M&M) have already announced to increase prices

58% potential EV buyers discouraged by range anxiety, says report

Moreover, 70 per cent of India's public chargers are concentrated in metropolitan hubs, leaving rural and semi-urban areas woefully underserved

Tata Motors, Kia India to hike passenger vehicle prices from Jan 2025

Rival Hyundai Motor India is also looking to increase the prices of its model range by up to Rs 25,000 from January 1, 2025

China's BYD on track to top 2024 sales goal and outsell Ford, Honda

Aided by robust sales in China, BYD is on course to top its annual sales target of 4 million vehicles, which would put it ahead of Japan's Honda and Detroit-based Ford for 2024

Kinetic Green, Jio Things to launch digital display platform, analytics

The collaboration will also introduce key features like a built-in Bluetooth and telematics-enabled device to ensure seamless connectivity

Cars set to get expensive from January as OEMs announce increase in price

Industry experts, however, note that the exercise is also undertaken by automakers every year in December to shore up sales volume in the last month of the year

After Audi and Hyundai, Maruti Suzuki to raise car prices starting Jan 1

Several automakers have announced price increases for their vehicles starting January 2025, citing rising input costs, operational expenses, and supply chain disruptions