Page 72 - Auto

Expecting good response from several firms on EV policy: DPIIT Secy

Govt has used tariff tweaks without actually spending any money to seek commitments from manufacturers to set up base in India, DPIIT Secy said

Role of advanced tech, critical materials more pronounced: Industry

The industry and the government should focus on getting technology from Chinese companies rather than allowing China to control the technology

EV maker Tesla 'silent'; yet to communicate its India plans: Report

American tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, had postponed his visit at the last moment citing "very heavy Tesla obligations"

Indian small car exports thrive as domestic demand shifts to SUVs

Maruti Suzuki, Hyundai, Kia, Citroen, Volkswagen, Honda, Nissan, and Renault are finding markets abroad

Chinese EV maker Leapmotor to enter India in third quarter of 2024-25

Stellantis and Leapmotor announced on Tuesday that they have received all required approvals to form Leapmotor International BV, a 51:49 joint venture led by Stellantis

Passenger vehicle, 2W exports rose by over 20% in April: Siam monthly data

Two-wheeler exports up by 24.3% and passenger vehicles by 21.1% Y-o-Y

Mahindra XUV 3XO bookings to start tomorrow; check features, safety, price

Mahindra XUV 3X0 will start accepting bookings tomorrow, days after being launched in India. The bookings will officially begin on May 15. Here's all you need to know

Why well-built Chinese EV Seagull poses big threat to the US auto industry

Tariffs on imported Chinese vehicles will keep the Seagull out of America for now, and it likely would sell for more than 12 grand if imported

Maruti expects 30% jump in CNG vehicle sales at 600,000 units in FY25

The country's largest carmaker also aims to export around 3 lakh units in the ongoing financial year

Maruti considering launching electric hatchback: MD & CEO Hisashi Takeuchi

Customers moving from two-wheelers to cars key to revitalising hatchback growth, says MD & CEO Takeuchi

ICRA forecasts moderate growth for tyre sector in FY25 as input costs rises

The report cites healthy demand from OEMs in the passenger vehicle (PV) and two-wheeler (2W) segments, along with replacement demand, as the primary drivers of domestic growth

Maruti introduces Suzuki fourth gen Swift, prices start at Rs 6.49 lakh

The premium hatchback segment contributes nearly 60% of total hatchback sales

Auto retail sales up 27% in April, passenger vehicles make record

Two-wheeler segment grows strongest due to 'positive impact' of elections, says FADA

Toyota reports booming profit, vows to invest to keep growth going

The results exceeded than Toyota's own projection for a 4.5 trillion yen ($29 billion) profit, as its global sales surged to 9.4 million vehicles from 8.8 million vehicles in the previous fiscal year

Election uncertainty could hurt Indian auto sales in May, says Fada

Analysts say concerns around how a new government's financial policies could affect peoples' income, and could discourage consumers from buying vehicles

Tata Motors tops Indian auto market with Punch Mini SUV, beats Maruti

In March 2024, Tata's Punch achieved a significant milestone by outselling Maruti's long-reigning WagonR, with 17,547 units compared to 16,368 sold by the latter

Car dealers may have to pay 18% GST on sale of demonstration cars

The ruling has evoked sharp criticism from experts who say it may lead to litigation

Tesla lays off more staff in software, engineering, service teams: Report

The EV maker has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles

Over 90% of fund gets used before FAME deadline; supports 1.5 mn vehicles

Government officials stated that some more funds will also be utilised for vehicles that were sold before 31 March but have not yet applied for incentives

Large order book, EV growh to drive auto parts maker Sona's growth

Company gains market share in its top three markets of North America, India, EU