Page 81 - Auto

Manufacturers of electric vehicles lukewarm to new subsidy scheme

Short duration, stricter compliance pushes EV makers to consider selling vehicles sans subsidy

Vehicle thefts in India up 2.5x in 2023; New Delhi tops list: Report

According to a report by Acko Digital Insurance, a vehicle is stolen every 14 minutes in Delhi; Chennai's share has also doubled

MSIL would have faced capacity hurdle without rail infra: Executive

50,000 truck trips will be cut due to new railway siding at automaker's Hansalpur plant in Gujarat

Domestic passenger vehicle sales rise 11% in February, shows Siam data

Two-wheeler sales jump 34%; PV exports up 20%

FAME scheme extension plan may be on Union Cabinet agenda tomorrow

The MHI has made its last efforts to secure approval for extending the scheme before the March 31 deadline for FAME-II

First-time car buyers now choosing SUVs: Hyundai India COO Tarun Garg

Garg expressed his disagreement with concerns that the drop in hatchback sales implies that several first-time buyers are being edged out of the car market itself

Polls may rev up 2-wheeler sales but passenger vehicles likely to be a drag

Trends based on recent state elections and the 2019 general elections: Fada

Shut OLX Auto due to focus on profitable growth: CarTrade's Aneesha Menon

Our dominance in the consumer group is unparalleled, especially in the auto portal segment, said Aneesha Menon

Centre's new regulations bring cheer to owners of vintage cars in India

But there is a mismatch in the rules and their implementation on the ground

End of the road for FAME-II scheme for EVs drives up e2W, e3W demand

FAME-II scheme for electric vehicles to end on March 31

Ducati releases date to launch Streetfighter V4 S in India, check details

Ducati to launch Streetfighter V4 S in India on March 12, 2024. The motorcycle will come with a Desmosedici Stradale 90-degree V4 liquid-cooled engine

Auto retail sales jump 13%, PV sales scale record high in February

PV sales moved up by 12 per cent to 330,107 units as compared to 293,803 units in February last year

Passenger vehicles industry estimated to grow up to 9% this fiscal: ICRA

The report said that dealer inventories remain high despite strong retail sales, and the pace of growth is expected to taper off in the coming financial year

Govt denies reports of extension of EV subsidy scheme FAME-II beyond Mar 31

The Ministry of Heavy Industries denied media reports claiming that the Centre has granted a temporary four-month extension to the scheme till July 31, with an outlay of Rs 500 crore for the period

BYD plans to cover 90% of India's EV market in 2024, to target major towns

Homologation is the process of certifying vehicles for roadworthiness under rules specified by the government for all vehicles made or imported into the country

Tata Motors, M&M, Ola Electric to get double benefit of auto PLI, FAME

Tata Motors, Mahindra, and Ola Electric were already availing of subsidy under FAME

Car leasing player Avyens eyes 8-10 per cent fleet growth in 2024

Indian car leasing market comprises of approximately 90,000 vehicles. Projection of Ayvens aligns with rising trend of car leasing as businesses seek more flexible & cost-effective mobility solutions

India's used car market size to touch $100 bn mark by 2034: CARS4's Chopra

As per the findings of the Gurugram-based online used car marketplace, there are changes in market dynamics with customers opting for frequent upgrades when it comes to cars

Electric two wheeler volume remains flat despite sharp price cuts

The top four electric two-wheeler manufacturers -Ola, TVS, Bajaj and Ather - account for over 86.45 per cent of the market

SUVs power best ever car sales for February; two-wheeler sales rise

During February alone, the share of SUVs in sales was around 51.5 per cent. Rural growth cumulatively in 2023-24 was 11.7 per cent against urban growth of 8 per cent