Page 53 - Auto

Suzuki Motor unveils first battery electric SUV, 'e Vitara' in Europe

Production of the model is slated to commence at Suzuki Motor Gujarat in India in spring 2025, with sales expected to begin in various countries, including Europe, India, and Japan, around summer 2025

Maruti Suzuki passenger car output falls 16%, utility vehicle rises 33%

Similarly, production of compact cars Baleno, Celerio, Dzire, Ignis, Swift, WagonR and those supplied to Toyota Kirloskar Motor were lower at 75,007 units compared to 90,783 units in the same month

PV wholesale up by 2% in Oct; retail sales posts 20% rise on festive push

Industry leaders Maruti Suzuki India and Tata Motors saw a decline in domestic wholesale sales of 5 per cent and 0.4 per cent, respectively

SUV sales a bright spot in carmakers' October dispatches to dealers

Mahindra, which has a portfolio comprised entirely of SUVs, reported a rise in sales every month this year ending March 2025, mostly supported by new launches such as the "Thar ROXX"

Oct vehicles sale: Hyundai, JSW MG's sales up, Tata Motors' marginally down

Tata Motors Ltd on Friday reported a marginal decline in its domestic and international sales at 82,682 units in October as compared to 82,954 units in the same month last year

Auto majors Maruti Suzuki, Mahindra report best-ever October sales

The shift towards larger vehicles also impacted MSI's mini-segment cars and compact car sales

Auto sales see mid-to-high single-digit growth during Navratras; rural lag

The report by Motilal Oswal Financial Services also said that during the last week of October, inquiries and bookings are seeing a slight improvement for passenger vehicle OEMs

EU to increase tariffs on Chinese EVs to protect its car industry: Report

The extra tariffs on China-made electric cars will go ahead as planned, despite ongoing talks with China and will apply as of Wednesday

Electric scooter makers under lens over 12K after-sales service complaints

The scrutiny follows a recent announcement from Ola Electric, which claimed to have resolved almost all of its complaints registered with the CCPA

Maruti Suzuki, Tata Motors expecting record festive automobile sales

The country's largest carmaker, Maruti Suzuki, said it has delivered about 30,000 units to customers on Tuesday

Workers launch nationwide strike in Germany demanding higher wages

The strikes by unionised workers in the nearly 4-million strong electrical engineering and metal industries hit companies such as Porsche AG, BMW and Mercedes

BMW India consolidated net profit rises 52% to Rs 311 crore in FY24

Car sales witness 61 % Y-o-Y growth

Mercedes pledges cost cuts after earnings halve; blames weak China demand

The stock has lost around 8% year to date, underperforming Germany's benchmark DAX index but still faring better than Volkswagen, BMW, and Porsche AG

India's automobile exports rise 14% in Apr-Sept, led by PVs, two-wheelers

According to Siam data, the overall exports in the April-September period stood at 25,28,248 units

Festive season motorcycle sales fall short of expectations: Bajaj Auto

While sales in South and East have sort of declined, central areas such as Uttar Pradesh have done well in terms of motorcycle sales

Servotech ties up with Ensmart Power to expand EV charger business in UK

This agreement will capitalise on the rapid growth of electric vehicle adoption in these regions, the company said in a statement

Not price cut, but festive discounts: Ola Electric on ARAI notice

The Boss sale of Ola is already under regulatory scanner as the Automotive Research Association of India (ARAI) has raised concerns over the company's recent pricing practices

SUV makers hit with Rs 10,000 cr tax notices: Row over GST cess explained

The GST authorities have sent notices to most automakers for the alleged non-payment of the SUV sales cess between the financial years 2018 and 2022

Passenger vehicle sales growth expected to be below 5% in FY25: Siam Prez

May and June affected us badly, says Shailesh Chandra

Q2 result preview: 2Ws and 3Ws likely drivers of auto sector growth

Muted PV, CV sales volume in Q2 may reflect in performance of segment leaders