Page 94 - Auto

Audi India raises prices of vehicles by 2% from Jan 1 on rising input costs

Audi India registered an 88 per cent growth and has retailed 5,530 units in the first nine months of this year

E-buses expected to account for 11-13% of new bus sales by FY25: Icra

With significant operational savings vis--vis conventional diesel buses, ICRA said it expects the demand for e-buses to continue to rise

After Audi, Maruti Suzuki to hike prices of its cars from January 2024

Maruti Suzuki, India's largest carmaker, did not mention the quantum of price hike

Audi India to hike prices of vehicles by up to 2% from January 2024

The price hike will be effective from January 1, 2024 and will be across the model range, Audi India said in a statement

From Bajaj to TVS, two-wheeler makers hit full throttle on growth prospects

While demand woes continued to plague the export market, growth was largely on the back of domestic demand

Toyota expects Indian PV market to carry momentum of 2023 into 2024: Gulati

While the SUVs are expected to witness fast growth in general in 2024, the mid to higher end of the segment will also see faster acceleration, although the small cars category will remain a concern.

TVS Motor plans to expand electric two-wheeler range over next 1 year

We are also planning to launch a series of products in the range of 5 to 25 kilowatts in the next year," TVS Motor Company Director and CEO K N Radhakrishnan said in an analyst call

Nissan to invest $1.4 bn to make EV versions of its best-selling cars in UK

Nissan's investment is a massive vote of confidence in the UK's automotive industry, which contributes 71 billion pounds a year to the economy, PM Rishi Sunak said

Himalayan 450 set to launch today, check the latest features, prices, more

The Royal Enfield's Himalayan 450 is about to launch today, November 24, 2023. The bike comes with a Sherpa 450 engine for the first time. Here's all you need to know about it

Suzuki Motor's stake in Maruti Suzuki to rise to 58.19% from 56.48%

The board of Maruti Suzuki approved the allotment of 12,322,514 equity shares to Suzuki having a face value of Rs 5 each at a price of Rs 10,420.85 per equity share

Tesla may invest $2 billion for manufacturing in India but with conditions

Tesla is also likely to commit 20% localisation in its Made in India cars in the first two years and it may increase to 40% in four years

MHI orders probe to investigate role of govt officials in FAME scam

The action comes several months after the ministry instructed 13 companies to reimburse improperly claimed subsidies

Toyota Kirloskar Motor to invest Rs 3,300 cr to set up new Karnataka plant

The new unit, which will commence production by 2026, will have an annual capacity of 1 lakh units in two shifts

1 mn electric 2-wheelers sales target for FY24 hit by tepid festival sales

Slack festive season sales throw a spanner in the throttle

Delhi notifies premium bus aggregator scheme to encourage public transport

Electric premium buses will be exempt from licence fees

Tamil Nadu to get Rs 50,000 cr investments in EV sector by 2025: Minister

EV policy supports state's 'clear vision' for sustainable growth, he says

Volkswagen launches 'Sound' edition for Taigun, Virtus with enhanced audio

The new 'Sound' variants will be offered in four colour options, which include Lava Blue, Carbon Steel Grey, Wild Cherry Red, and Rising Blue

Undeterred by price rise, CV sales likely to set a new record in FY24

Buoyed by improving highway infrastructure, demand for buses has grown by more than 35%. Overcrowded trains are also adding to the growing road-based transport

Old and new fuel vehicles will have place 'side by side': VECV MD & CEO

VECV's Eicher unit witnessed a 15 per cent year-on-year growth in sales, reaching 36,178 units in the first half of the current financial year

Commercial vehicle segment set for growth with expanding economy: VECV MD

The industry is expected to grow over the next few years with the economy slated to cross the $5 trillion mark, he noted