Page 78 - Auto

Zetwerk bags order from Indian Oil to set up over 1,400 EV fast chargers

Indian Oil has floated a tender for 6,000 chargers, in which 40 EV suppliers across the country participated

Toyota Kirloskar Motor to raise prices on select vehicles from April 1

Automaker Toyota Kirloskar Motor on Thursday said it plans to increase prices of select vehicles up to 1% from April 1 citing rising input costs and operational expenditures

Toyota's global sales slip 7% in Feb, led by slumps in China, Japan

Sales in China - the world's biggest auto market - tumbled 36%. This year the week-long Lunar New Year holiday took place in February while last year it occurred in January

Electric two-wheeler companies to bear the brunt of paused FAME sops

Companies likely to lose Rs 20k per vehicle if they are not registered on time and subsidy not granted

Renault Nissan JV to launch four new products, expand product portfolio

Renault Nissan Alliance Chairperson Jean-Dominique Senard said India is at the heart of the alliance and every part of car manufacturing happens at the India plant

Nissan will invest in Renault EV unit even though IPO scrapped: CEO

"Therefore, regardless of the IPO whatsoever, we are looking at Ampere. We are already discussing about Ampere, our investment."

Chinese EV makers show latest models at Bangkok International Motor Show

Tesla launched sales in late 2022, offering its popular Model 3 and Model Y at prices aimed at competing with rivals like China's BYD

South Korea's Hyundai Motor Group to invest $51 bn won over 3 years

Hyundai Motor Group includes flagship Hyundai Motor and its affiliate Kia, which together are the world's number three automaker by sales

Daimler India Commercial Vehicles looks to drive in 14 models in 2024

'Bus market may see around 25-30 per cent growth, truck sales to remain flat this year'

Daimler India CV posts record sales in 2023 boosting growth in revenue

The Indian subsidiary of Germany-based Daimler Truck posted a 13 per cent growth in cumulative sales in 2023 backed by strong product demand, thereby boosting a surge in revenues, the official said

Nissan Motor plans to launch three all-new models in India by FY26

Under the new plan, which is split into mid-term imperatives for fiscal years 2024 through 2026, and mid-long-term actions to be carried out through 2030

BYD takes on EV laggards Toyota, VW with aggressive China price cuts

The automaker is currently discounting almost every electric and hybrid car model it sells, as part of a marketing campaign declaring "electricity is cheaper than oil"

Govt's big bet on Musk's Tesla 'gigafactories' in India might just work

On March 15, the government announced a new scheme to promote investment in EVs

German carmaker Volkswagen to tap demand for performance-oriented vehicles

Bullish on the growth of the sub-segment, he said it has been fuelled by how the customer preferences are evolving over a period of time

India's push for EVs may lead to entry of Chinese firms in mkt: GTRI

India's auto component imports were USD 20.3 billion in 2022-23 of which 30 per cent came from China

Auto players line up array of new EV models in coming years on govt push

Mass market players like Maruti Suzuki, Hyundai, Mahindra & Mahindra and Tata Motors are lining up new models to cater to the demand across segments

Maruti to recall 16,000 units of Baleno, WagonR over faulty fuel pump motor

The company said that it suspected that there is a possible defect in a part of Fuel Pump Motor, which in a rare case may lead to engine stalling or engine starting issues

Kia India to increase prices of vehicles by up to 3% from April 1

The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement

Audi to drive in over 20 new models by 2025-end, says CEO Gernot Dollner

Audi AG will invest EUR 11.5 billion in the development of ICE (internal combustion engine), PHEV (plug-in hybrid electric vehicle) and other segments

Ashok Leyland partners with Minus Zero to develop self-driving trucks

Minus Zero, founded in 2021, is backed by technology venture capital fund Chiratae Ventures among other investors