Page 90 - Auto

M&M December sales: Domestic SUVs sales up 24% Y-o-Y on strong demand

Cars and vans saw a significant drop of 97 per cent Y-o-Y sales, with the company only selling three units in the last month of the calendar year

MG Motor India posts 18% growth in retail sales at 56,902 units in 2023

In December 2023, the company's retail sales were 4,400 units, up 13 per cent from the year-ago month, MG Motor India said in a statement

Delhi govt to extend its electric vehicle policy for another three months

The Delhi Electric Vehicles Policy, 2020, expired on August 8 this year and since then it has received repeated extensions

FAME III: India to replace 800k diesel buses with electric over 7 years

To drive EV adoption in India, the government is devising a plan to replace nearly one-third of diesel buses on roads

China's Xiaomi unveils first electric car, plans to become top automaker

The sedan, dubbed the SU7, is a highly anticipated model that is expected to make the most of its shared operating system with the company's popular phones

Govt 'very hopeful' of Tesla setting up plant in state: Guj Minister

Patel said communication (with Tesla) was on and this may be the reason such news (of firm planning factory in the state) was published

Xiaomi to reveal cutting-edge EV technology on December 28: Details here

Xiaomi is planning to make its first set of cars by the first half of 2024. The company has been actively hiring experts from around the world to advance in-house autonomous driving technology

Maruti Suzuki Brezza sales cross 1 mn units since launch in March 2016

Maruti introduced Brezza in its CNG avatar in Mar 2023. The launch helped Brezza breeze past Tata Nexon in sales, which had the distinction of being the bestselling SUV in the FY22 and FY23

Year ender 2023: Top auto launches of the year and what to expect in 2024

In 2023, Maruti Suzuki launched the Baleno-based crossover, Fronx, Brezza's facelift, and an all-new Grand Vitara in the SUV space and grabbed more than 50% share of the segment

EV industry set to end its best sales year in spite of subsidy cuts

This year marked a reduction in subsidies for electric two-wheelers (e2W), a category that constitutes around 55% of the overall EV sales

Japan automakers to invest $4.3 bn in Thailand over 5 years: Thai govt

Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors will invest 30 billion baht and Mitsubishi Motors 20 billion baht, spokesperson Chai Wacharoke said

After an impressive festive season, car sales likely to cool down in Dec

December is usually marked with weaker sales as customers tend to wait for the new year to get the newest cars with the changed model year

Ola Electric's Rs 5,500 cr IPO to bolster its EV market, say experts

There are two discernible trends in the competitive electric two-wheeler market

Automakers gear for moderate sales after 2023, ready for more EV launches

Veteran industry leader and Maruti Suzuki India Chairman RC Bhargava said the sales are expected to moderate a bit next year compared to 2023

Cybertruck designer says Tesla stainless steel pickup is no experiment

The stainless-steel clad truck is all angles, in part because a traditional press can't bend the steel into curves

Tata inaugurates first EV-only stores in Gurugram; public opening on Jan 7

The showrooms also provide testimonials from current EV owners who talk about the challenges they have faced and myths about owning an EV

EU, UK approve 3-year postponement of tariffs on electric vehicles

The European Union and the UK approved a three-year postponement of tariffs on electric vehicles, giving carmakers more time to make necessary changes to comply with local content requirements

Honda to recall 2.5 million US vehicles over risks of fuel pump failure

To address the issue, dealers will replace the fuel pump module, free of charge, the NHTSA said

Electric cars expected to see volume growth of 30-40% in 2024: Chandra

He said that more electric car models at different price points -- between Rs 8 lakhs and Rs 30 lakhs -- have to come in the Indian market so that people have more options

Auto sector to take a V-turn in FY25 on election winds, new models

Luxury car segment will continue to rise its EV penetration. However, the tipping point is still a few years away. Customers require convincing on ownership benefits and hassle-free experience