Page 92 - Auto

Auto cos seek continued push to green mobility, infra development in Budget

The luxury car industry has a significant value contribution to the GDP and the segment aspires for a rationalised duty structure and GST on priority, he added

Hero Xtreme 125R launched in India; check price, features, and more

All-new Hero Xtreme 125R just launched in India, which is Hero's first bike in the 125 CC segment. Check its price, features and more

Loans for purchasing cars a rising trend in India, finds Jato Dynamics

Fleet sales, which comprise car sales to companies, organisations, and government entities that own a fleet of cars, have also seen a significant increase

Passenger vehicle volumes expected to log 8-10% growth in FY24: Report

Earlier on Tuesday, the credit rating agency said the segment was likely to see 18-20 per cent growth in PV sales

Result preview: Auto Inc may ride on strong revenue growth in Dec qtr

Analysts say margins would also be helped by benign commodity prices

Passenger vehicle segment to see record 18-20% growth in FY24: Report

It also projected the PV sales volume to continue this growth momentum in the next fiscal, driven by factors such as strong order book and improvement in supply chain, the credit ratings agency said

Hero forays into mid-weight category with Mavrick 440: Check price, specs

With Mavrick 440, HeroMotocorp entered the "upper-premium" segment in the Indian market on Tuesday. Here are all the specifications of the new flagship bike of Hero

Suzuki Motorcycle India, SMFG India Credit Co partner for vehicle finance

Suzuki Motorcycle India Pvt Ltd on Friday said it has partnered with SMFG India Credit Co Ltd (formerly Fullerton India Credit Co) to provide financing on purchase of its two-wheelers

BNC Motors plans to expand dealership network to over 300 outlets this year

The company further said that it plans to launch two more products this year, including a scooter and a bike

Tesla price cuts, delivery plan, CEO pay in focus ahead of results

Falling prices of battery materials are expected to let Tesla show a slight rise in profit margin from the previous quarter

Ather Energy announces its new family-oriented electric scooter 'Rizta'

Despite the shift towards a family-centric approach, Mehta assured customers that the Rizta will uphold the quality and reliability synonymous with the Ather brand

Average selling price of passenger vehicles in India up by 50% in 5 years

ASP has gone up from Rs 7.65 lakh in 2018-19 to Rs 11.5 lakh in 2023-24, according to the industry. Premiumisation, changing regulatory norms and SUV craze lead to price hikes

Hyundai buys GM's Talegaon plant, will invest Rs 6,000 cr in Maharashtra

Plant will be 'catalyst' in achieving Hyundai India's target of achieving one million annual production capacity, says company

Ford reduces production of F-150 Lightning pickup truck as EV demand slows

The announcement is the latest sign of softening demand for EV trucks. General Motors in October postponed the opening of a $4 billion electric truck plant in Michigan for a year

Subsidy withdrawal on EVs may lead to stagnated growth: Ather Energy CEO

In June last year, the central government has already reduced the subsidy amount on electric two-wheelers to Rs 10,000 per Kwh from Rs 15,000 per Kwh

Rolls-Royce Spectre EV to debut in India on Jan 19; all details inside

Rolls-Royce is set to make a momentous entry into the Indian electric vehicle market with the official launch of its first electric vehicle, the Spectre, booked for January 19, 2024

Retrofitting saves 29% for buses, 24% for trucks compared to new EVs

According to the findings, retrofitting extends the lifespan of vehicles by 8-10 years and offers a faster payback compared to new electric vehicles (EVs)

Mahindra expects to sustain growth momentum in SCV segment in FY25

The Supro, initially launched in 2015, has emerged as a versatile platform catering to the evolving needs of customers, the company said

Bounce Infinity partners with SUN Mobility to deploy 30,000 e-scooters

Electric scooter-maker Bounce Infinity on Thursday said it has partnered with SUN Mobility under which the latter will deploy Bounce Infinity's 30,000 e-scooters in key markets across the country

Govt yet to decide on lower import taxes on EVs as local cos resist Tesla

India's domestic automakers are concerned about the possibility of Tesla entering the market - and government plans to give incentives to Tesla and other global carmakers