Page 94 - Auto

Renault plans 5 new cars in next 3 years, seeks regulatory clarity

Renault is planning to launch a total of five cars -- including B plus segment sport utility vehicle (SUV), a C segment SUV and an electric vehicle (EV) -- in India in the next three years

Electric vehicle sales jumps 49% to 1.52 million units in 2023: Fada

The two-wheeler sales grew 36.09 per cent to 8,59,376 units in the just-concluded year against 6,31,464 units in 2022, it said

Tata Motors global wholesales up 9% to 338,177 units in December quarter

Global wholesales of Tata Motors' commercial vehicles and Tata Daewoo range in October-December period of FY24 were at 98,679 units, up 1 per cent over third quarter of FY23

Renault plans 5 launches in 3 years, eyes double-digit sales growth in 2024

The company sold around 49,000 units in the domestic market and also shipped close to 28,000 units to various international markets in 2023

Global electric vehicle market growth to slow this year on lower subsidies

The figure follows an estimated growth of 29% in 2023 at 13.7 million units, when government incentives helped the adoption of EVs, Canalys said in its report

Vehicle scrappage policy key to cutting India steel sector emissions

CO2 emissions from Indian steel production range from 2.5 to 2.85 tonnes per tonne of crude steel, in contrast to global average carbon intensity of 1.4 tonnes per tonne of steel, as reported by IEA

Royal Enfield to invest Rs 3,000 cr in Tamil Nadu for product development

The investments are expected to generate about 2,000 direct and indirect jobs in the region

Mercedes Benz lines up Rs 200 cr investment, will launch over 12 products

Mercedes-Benz India will have more than 12 launches in 2024, including three electric vehicles, out of which half will be in the top end vehicle segment (TEV) and will be priced Rs 1.5 crore onwards

Auto retail sales in India grew 21% in December, 11% in 2023: Fada

In the near term and short term, the outlook of auto sales remains positive, despite an anticipated slowdown in the Kharmas period from December 16 to January 15

Different shades: Black is the new white for car buyers in India

In 2021, only 14.8 per cent of the cars sold in India were black. That increased to 15.5 per cent in 2022 and further to 19.5 per cent in 2023

VinFast to come up with $2 bn integrated EV facility in Tamil Nadu

The unit in Thoothukudi to have an annual capacity of 150,000 units

Swedish carmaker Volvo registers 31% jump in sales at 2,423 units in CY2023

Swedish car maker Volvo Cars on Friday said its total car sales in India witnessed a 31% yearly jump at 2,423 units in calendar year 2023, driven by the XC60 model

Electric vehicle penetration likely to fall short of govt's 2030 plan

Subsidy reduction has hit industry's estimate of 1.2 mn E2W sales in FY24

UK looks for greater share in India auto sector under FTA: Official

India has come to the centre stage of auto manufacturing not only in assembling but also in the whole value chain, Commerce Secretary Sunil Barthwal said

'EV sales in India to grow at 35%, annual volumes may cross 27 mn by 2032'

The report, 'India Electric Vehicle Market Overview 2023', by energy advisory, software and services firm, Customized Energy Solutions, also predicts a record-breaking sale of 1.7 mn units in 2023

German automobile major Audi's sales jump 89% to reach 7,931 units in 2023

German luxury carmaker Audi on Friday reported 89 per cent growth in retail sales in India at 7,931 units last year as compared with 2022

Tesla planning to bring in smaller batteries for its India car: Report

These smaller batteries are already being used by the company in China and could be key for Tesla to reduce the cost of the car it has proposed to bring to India

No reason for high tariffs on cars from UK, EU: Maruti Suzuki's RC Bhargava

Maruti Suzuki chief says costs of many models 20-30% lower in India

All about upcoming car and bike launches in January 2024; details inside

Here is the list of every upcoming car and bike which are expected to launch in India in January 2024. The famous upcoming vehicles incorporate Mercedes-Benz GLE, and others

Delhi had highest share in total EV sales in country in December: Minister

This is the highest-ever monthly contribution among all states in the country to date, reflecting the success of the Delhi EV Policy launched in 2020