Page 79 - Auto

Why the unorganised sector, thanks to e-rickshaws, leads India's EV growth

While everyone's attention is riveted on electric two-wheelers and cars, e-rickshaws have proliferated, putting the unorganised sector in the forefront

Car dealers may be staring at inventory stockpile exceeding 400,000 units

Automobile manufacturers said a record inventory of 400,000 vehicles valued at Rs 44,000 crore can be expected by the end of May due to less demand

EV incentive scheme FAME 3 to roll out with Rs 10,000 crore outlay

Companies seeking incentives for the sale of electric vehicles will be required to apply for fresh certification under FAME-III

European auto company Skoda-VW hits 1.5 million output mark in India

30% of the Group's India production is exported

Hyundai inaugurates EV charging station in Chennai, plans 100 facilities

EV owners can access the charging facility on HMIL's own Charger Management System in the myHyundai App

Expect sales to grow faster than industry this fiscal: JLR India official

The automaker aims to double its business in India over the next three years

India to make JLR's Range Rover for first time, delivery starts May 24

Prices of 'flagship car' and its sport variant will reduce by 18-22%, say senior executives of Tata Motors-owned company

Share of passenger vehicle output geared for export at 10-year low in 2023

India's share of production geared for export is the lowest in Asia, trailing South Korea, Thailand, Japan, and Indonesia

Surge in demand for 'young' used cars outpaces supply, drives prices north

SUVs set to reach 45% of used car market soon

Affordable mass electric vehicles key to unlocking demand in Indian market

A compact, budget-friendly electric car from a major Indian manufacturer, could be the tipping point for widespread EV adoption

Mahindra Scorpio N Adventure edition rolled out in South African market

The off-road-ready Mahindra Scorpio N Adventure edition has been launched in South Africa. However, there are no reports of Mahindra bringing it to India

Tyre manufacturers Ceat and Apollo to hike prices as input costs soar

Crude prices, which hovered around $88 to 90 over the past three months, represent a 6 to 8 per cent increase from the previous quarter, adding further strain on manufacturers' margins

India's tyre capacity sufficient, no need for liberalising imports: ATMA

The automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary

Hero MotoCorp and Harley Davidson may bring more US motorcycles to India

The market for premium motorcycles in India is expanding, and US-based two-wheeler maker Harley Davidson is keen on more joint ventures with Hero MotoCorp

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